AUDACIOUS PROJECTS

New Zealand Times, Volume XLIX, Issue 11306, 4 September 1922, Page 10

AUDACIOUS PROJECTS

CONTROL OF WOOL SUPPLIES BRADFORD STRONGLY RESENTS BAWRA POLICY. SIR JOHN HIGGINS’S SPEECH. By Telegraph.—Press Assn.—Copyright. Australian aud N.Z. Cable Association. LONDON, September 1. Tho Yorkshire newspapers comment strongly and resentfully on Sir John Higgins's speech at the Melbourne wool trade conference on Wednesday. Tho •‘Yorkshire. Observer" asks whether, when trying to cajole Australian wool growers into agreeing to his “audaloious projects,” Sir John Higgins is speaking on behalf of Bawra, and if members of the London board endorse his remarkable speeches. The “Observer” adds: “After. Sir John Higgins’s speech, there is ground for suspecting that there is a definite movement going on behind the scenes to perpetuate the existing machinery for the control of wool supplies. There have been expressions in Bradford of very strong resentment against the lino of policy advocated at the Australian conference.” The “Yorkshire ' Post” observes : “Here is further proof of our contention that Bawra has ceased to bo an impartial body for the disposal of wool, in which the Imperial Government ana woolgTOWers jointly are interested. What is for the welfare of the textile industries and consumers of wool clothing in this' country, who are entitled to consideration because British Government money was used to purchase wool, appears to be entirely ignored Is it not time the British Government’s attention was called to ‘Bawra’s’ changed character with a view to enforcing selling arrangement, which will secure more consideration for our wool textile industries (and our consumers?” LIBERAL ADVANCES LOW GRADE WOOL IN STORE. By Telegraph—Press Assn.—Copyright. MELBOURNE, September 2. The Woolhrokers’ and Growers’ Councils have agreed to a resolution that owners desiring to hold low croBS bred wools should be granted free storage to September, 1923. The brokers have announced that they are prepared to make liberal advances against crossbred wool in store. BAWRA ASSETS HIGH OOURT TO BE APPROACHED. SYDNEY, September 2. It is understood that the High Court will be approached for the purpose of restraining Bawra from distributing any of its assets in view of Bawra's intention to reduce capital. CENTRAL WOOL COMMITTEE CLAIM FOR DIVISION OF PROFITS. . SYDNEY, September 2, A summons has issued in the High Court joining F. Bardsley, Brisbane, as a party in the case of John Cooke, Melbourne, claiming -a division of the profits from the Central Wool Committee. The case refers to tho sale of skins and wool in war time, and involves £10,000,000.