NEW ZEALAND WOOL

Otago Witness, Issue 3508, 7 June 1921, Page 11

NEW ZEALAND WOOL

MR MABIN’S RECOMMENDATIONS. \Y XUr,gU.\ e. a et.\, . \LV 01. Mr A. E. Mabin, who recently repro aemed New Zealand wool interests in ihe conferences at Melbourne with the British and Australian Wool Realisation Associa-' tion, Las presented nis report to the Governmeiu. i he chief recommendation is that New Zealand should co-operate with the 'Bawii.” in the limitation ot offerings and fixation ot prices for a period of live years, with ill 3 proviso that it Australia does not agree to a five years' term Now Zealand should nave the light of withdrawal at -my time on giving six months’ notice, io give effect to tills suggestion Mr Mabin i vojioses the constitution of s..me body, possibly a modification of the Producers' Committee, with power to direct tile wool policy o£ New Zealand for some years ahract. 1c should represent growers, brokers, banns, freezing companies, and others interested, and should be able to ask r.nd obtain general recognition of its considered policy. Its mam principles should be : 1. The rcguiatiofi of wool allocations for auction sales in New Zealand. 2. I ne fixing of reasonable minimum reserves on a piritv 1 a.-,is in London, Australia, aid New Zealand. 3. ’.• he making of such arrangements as are practicable and desirable m the interests f-1 wool producers, and generally advantageous to the wool industry as a whole in Great Britain, Australia, ana New Zealand. 4. To formulate a policy deal with carry-over wools, with power to act. 5. lo enter into such business arrangements with "Bawra,” banks, or other bodies as may be found necessary or desirable. Finally, Mr Mabin says New Zealand may place the utmost confidence in Sir Jo nil Higgins and “Bawra boards. NO one msputes the great ability of Sir John Higgins, and the boards stand in the highest regard of all m the wool trade or out of it. Strong men and a strong policy are required at tin- pm -o:.t juncture, and if wo constitute a body able to manage our own internal affaire < .. tli lines sugg ted wo shall gain much advent-ge by working in close coordination with the “Bawra” in its Empire policy. ARMOURS’ LICENSE. COL N TRY SAFEGUARDED. WELLINGTON, May 51. Sir Francis Bell lias telegraphed further to the American Consul general regarding •he Armour case to add to the paragraph “No diffi ulty is placed in the way of ArSiour and Co. exporting to America for

American use meat now in freezing store” the following words:—“But the New Zealand Government has required substantial guarantees against reshipment of that meat from America to London.”