TEXTILE GOODS

Marlborough Express, Volume LIV, Issue 166, 16 July 1920, Page 4

TEXTILE GOODS

A REVOLUTIONARY SCHEME. CONVERSION O¥ AUSTRALIAN

WOOL.

[Press Associa :ion.] Aus. and N.Z. Cable Association,

(Received July 16, 10.5 a.m.) LONDON, July 15. The Board of Trade Journal pubHshed details of the Commonwealth .bureau scheme for converting wool into textile goods/

The Yorkshire Post states that if the project is carried into effect, results in the United Kingdom, especially in the' West Riding, will be revolutionary, as the British woollen industries will be deprived of the major portion of their raw materials, but the very magnitude of the sell erne may cause it to be received with more interest than alarm in this country. • .

i The Yorkshire Observer, whilst strongly opposing the proposal, admits that the scheme was launched at a time when conditions in its favor were more propitious than they ever had been' or were likely to be again, after Europe was resettled. The Observer concludes: "So long ns the conditions in Europe are such that, while tho TJnitrd Kingdom machinery obtains ample supplies, there is nevertheless a surplus beyond its requirements, which is not taken by Continental consumers, greater will be the inducement to Australians to establish plants to manipulate'their'wool." ,