THE WOOL INDUSTRY

Otago Witness, Issue 3518, 16 August 1921, Page 24

THE WOOL INDUSTRY

MR MASSEY FAVOURS DECONTROL. LONDON, August 8. Mr Massey spent the week-end at Bradlord as the guest of Mr Francis Willey, the wool magnate, whose son. Lieutenantcolonel Willey, was Wool Controller in the war time. To-day Mr Massey visited the Excnange and several of the largeist mills, including the Saltaire Mill, where he saw New Zealand wool worked from the raw article to finished cloth. He was amused to discover while motoring to a civic reception in Mr W illey’s motor car that the rug therein was manufactured at Mosgiel. At a subsequent reception by the C’namoer of Commerce, Mr Whitehead, the cftairman, said that the visit would do much to further the friendship and understanding between Bradford and New Zealand. . IT’ 1 Mr Dawson (president ot the Moot Federation) said that closer co-operation Between Australasia and Bradford was essential, their interests being dentical. The federation was firmly convinces that they would renain their former prosperity if freed from the trammels of control and made subject only to the laws of supplv and demand. He believed they had skill and enterprise. which, with free scope would prove enough to enable them to regain their position. Mr Massey said he was confident of the ability of the trade to overcome the present slump. He would be disappointed if wool prices did not increase considerably during the next lialf : year Every pastoralist in New Zealand in 1920 showed H loss. The accumulations of wool in j£ngland must be seriously faced and deah with. He agreed that the sooner the trade was relieved from Government control in any shape the better it would be for the progress of the industry.