TO OUST SPECULATORS

New Zealand Times, Volume LIII, Issue 12507, 24 July 1926, Page 2

TO OUST SPECULATORS

STATISTIC BUREAU NEEDED NEW ZEALANDER’S AGITATION YORKSHIRE SUPPORTS HIM By Telegraph. —Pre®» Assn.—Copyright. (Sydney ‘'Sun 0 Cable.) LONDON, July 21. In the course of fen interview, Mr Bernard Tripp, of the Zealanu Shcepowncra' Federation, said : "Speculators will never be ouster! until a statistical bureau is established, supplying reliable information as to the quantities of wool, meat, and butter stored throughout the Empire, possibly throughout the world." , . , ~ "That is why I tried to induce the British slieepbreeders' conference to demand that a bureau -be* attached to the Board of Trade,” he added. "Mr L. Alexander, head Of the Lincoln Agriculturn I Cullese, New Zealand, strongly supported me. Wo were both amazed at the chairman's refusal to put the motion, because the Sheepbreeders* • Council had not considered the matter. "I have since discussed the matter with several authoiitics, and found little re-f-ponsc, but tho Yorkshire wool manufacturers desire the establishment ot a bureau, which, they assert, would sfcnbise prices. They do not want a repetition of the 1D24 slump, which was duo to speculators storing quantities of wool which they unloaded at a big profit. M.v experience at the Melbourne conference , n Slights Hint my agitation voice* tho view'* of Australians as well as New Zealanders."