WOOL TRADE
LORD ROCHDALE’S VIEWS WORLD-WIDE PERMANENT APPRECIATION. Tclcerapfc—Press Association —Copjr'eti* (Received March 12, 0.55 a.m.) SYDNEY, March 11. Dol’d Rochdale, after two months in Australia, largely devoted to attending the wool sales, sails for New Zealand on Saturday. Interviewed, he said it appeared to hint that Australia possessed such astounding prosperity that the Government could attempt almost anything irom an economic standpoint.
Regarding wool, he thinks that there will be a permanent appreciation the world’ over- owing to more people using it. Ho said that with the lifting of the American tariff, the increased demand from there would he a permanent factor in maintaining the present basis of prices.
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Bibliographic details
New Zealand Times, Volume XXXVIII, Issue 8679, 12 March 1914, Page 5
Word Count
110WOOL TRADE New Zealand Times, Volume XXXVIII, Issue 8679, 12 March 1914, Page 5
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