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WOOL PROFITS

SOME HARD DEALING. (Bv Electric Telegraph—Copyright) (United Service.) (Ecc. nuo 16, 11. oO a .in.) ’ LONDON, June 15. Lord Forster and Lord Derby, negotiating' on behalf of Britain in tbc wool transactions, offered 45 per ccno above pre-war profits. Air lusher and Air Alassey insisted on 55. Eventnall> Lord Derby irately exclaimed, ‘ It wo cannot have-the wool at onr own price wo can withhold ships and prevent ■you marketing.” This caused an impasse. Finally Lord Forster said, “Let ns give the 55 per cent.’ Lord Derbv said, 78 ‘Then we shall be able to have our dinner, and perhaps earn a reputation as patriots for stiengtnening the bonds of Empire.”

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM19200616.2.31

Bibliographic details

Nelson Evening Mail, Volume LIV, Issue LIV, 16 June 1920, Page 5

Word Count
112

WOOL PROFITS Nelson Evening Mail, Volume LIV, Issue LIV, 16 June 1920, Page 5

WOOL PROFITS Nelson Evening Mail, Volume LIV, Issue LIV, 16 June 1920, Page 5