SURPLUS WOOL

Otago Witness, Issue 3513, 12 July 1921, Page 19

SURPLUS WOOL

LONDON, July 5. The Yorkshire Observer states that the Canadian eo-operatrve wool glowers, who shipped 130,000,0001 b of graded wool to Great Britain in 1920, have decided to establish a permanent selling agency at Bradford. This movement should give pause to the Australian growers’ representatives, who are mostly politicians, anxious for popular approval in approaching the surplus wool problem solely from the viewpoint of endeavouring to screw up values beyond their economic level. Dealing with the suggestion that “Bawra” should buy the British Government’s interest in the surplus wool, tile paper adds: “Probably something is afoot needing Bradford’s watchfulness. W o hope that we won’t awaken one morning to find that the Government has been influenced by My Hughes’s eloquence and pulsating patriotism, and has consented to relinquish its interest in order to allow the Australian Government to consolidate the ring that it would like to create.”