WOOL

Poverty Bay Herald, Volume LV, Issue 17180, 10 February 1930, Page 12

WOOL

(To the Editor of the Herald.) Sir, —I must thank Air. F. Stafford for his compliment, though no doubt from the tone of his letter it was not intended. As he says no New Zealand farmer is satisfied with .this year’s prices, yet I tell you honestly my cheque is as good as it has ever been, and lam satisfied. Now, L want to know why your cheque for wool is not equal to last year’s, as I farm under the same conditions, have the same markets, and to crown all, my land, except for a few acres, was all flooded. last winter. But coining to the point, “combines,” did 1 not meet Mr. Stafford in October, 1928, by the woolshed at the Poverty Bay Agricultural Show, and did .not Mr. Stafford then rail against the “buyers’ combining” to do the New Zealand farmer down, and did not I tell him it. was all rot, and that there was no truth in it. And what happened? Was not Mr. Stafford satisfied with last year’s pi-ices, and if satisfied did he ever thank the buyers for combining and giving him a good price for his wool, and the New Zealand farmers in general? And now he rails not. only against the buyers, but the whole class, and again 1 tell him he is at fault. Bead what Sir E. Moyle tell in the same paper as Air. Burke’s letter. Every word is true and given in the very best spirit. Every pound of wool the Now Zealand farmers hold, or any other farmer in any other land, is a weight on the market, and the buyers and manufacturers know it, and as long as that weight is on the market, just so long will the market be buoyed down. Lift it, get rid of it, and as soon as lifted the market will immediately revive. To explain it at another angle, let the judges well weight the very best horses. I ask: do they stand much chance of winning, and the more they are weighted so their chance of winning disappears. It is the same with all. commodities, from wool to rubber, and from tin to wheat. I tell Mr. Stafford and Mr.,Burke: The best, way out of the difficulty is to learn liowj to improve the article, and when they once start they will find that they can 1 improve and improve, and come to no fmalitv.— lum etc., | ‘STILL A BACK NUMBER.