WOOL CONFERENCE

Poverty Bay Herald, Volume LIX, Issue 17950, 30 November 1932, Page 10

WOOL CONFERENCE

TECHNICAL MATTERS j FUTURE OF THE INDUSTRY Although the international wool conference held in Amsterdam last month was largely concerned with a number of technical trade matters, news by this week’s mail shows that mention was made of raw wool by M. Dubrulle in his presidential address. He expressed the opinion that the wool industry was at the head of the movement for an ; economic rapprochement by the mcai sures taken during the past year. Yet wool, like other industries, had paid a heavy tribute to the world crisis. Producers, whether in Australia, Europe or elsewhere, had not received the just reward for their labor. The. situation was clearing, and if international politics did not impede the restoration of prosperity the future was certainly brighter.

lie criticised the action of wool growers at Brisbane and Sydney in proposing to fix a. minimum price. These were measures, lie declared, that the members of the conference would strongly oppose. The interests of manufacturers were allied to those of the growers, and the artificial regulation of prices could only prevent the normal march to better times.

Commenting on the New Zealand proposal to wash wool before export, !\l. Dubrulle argued that this 'practice would make the sorting of wool practically impossible, and in other respects operate against the interests of growers, who would certainly suffer by a reduction in values if effect, were given to the suggestion.

A London wool correspondent reports that a proposal was adopted for the appointment of a commission tp consider and report on methods to reduce tariffs on wool textiles.