WOOL GROWING.

Hawera & Normanby Star, Volume XLIV, Issue XLIV, 8 May 1924, Page 7

WOOL GROWING.

FLOCKS SHOULD BE INCREASED. I BY CABLE—fRESS ASSOCIATION—COPYEIGHT Received May 8, 10.35 a.r;. LONDON May 7. Mr Goldfinch entei tamed a tlistin- ! guished company or over a hundred per-j sons, representatives of Australia and.' New Zealand, in the Yorkshire wooltrade, to celebrate the successful ter- j mination of the imperial wool purchase 1 scheme. • j Mr Goldfinch, toasting the wool-grow- { ing of the Dominions, paid a tribute to j Australia's and New Zealand's co-op-eration when the Eanpire, in war time, ! needed their wool. He emphasised that there had been no haggling over prices for the Imperial purchase, and the I Dominion Governments, wqolgrowers J | and people were willing to do everything for the rational good. Looking at the future, he said he desired to declare with the utmost deliberation the , importance of increasing the world's j{ sheep 'population. He expressed the opinion that there was no business in '. the world in which capital could be invested with a greater certainty of a . profitable return than in sheep farming. Such a development, while advantaging • the investors and Australia and ; Npw Zealandj would render a great , service to Britain, which was threat-, . er.ed with a serious wqol shortage. Sir James Allen, responding, outlined • ' the practical recognition which, the New Zealand sheepgrowers had shown for the services of the mercantile marine by a scheme of setting aside £250,000 of i their profits for assistance to depen- I danis of mercantile mariners who gave ! their lives in the war. He pointed j out that an arrangement had been ' made to take to New Zealand fifty boys every quarter for training in settlement. H« was glad to announce that j New Zealand's sheep population was now/increasing.—Aus.-IS.Z. Cable Assn. j

GOOD PROSPECTS,