WOOL INDUSTRY
INTERNATIONAL CONFERENCE. PERIOD OF AUSTRALIAN SALES. (United Press Assn.—Telegraph Copyright.) Berlin, June 6. Dr. Schacht, in welcoming delegates to the Wool Conference, said that no doubt Germany needed wool, but the system of barter transactions was not the ideal method of trade, though helpful at the moment. He emphatically denied that Germany sought to cut herself off from the rest of the world.. The conference adopted a resolution moved by Mr Haigh, president of the British Wool Federation, urging the spreading of Australian sales over nine months, instead of six. The conference also passed an international trade agreement applicable to imports or transactions in raw wool, which is the result of eight years’ work and is intended to serve as a basis for decisions bv the International Wool Arbitration Board, insofar as written conditions between seller and buyer do not exist.
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Southland Times, Issue 25306, 8 June 1935, Page 5
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143WOOL INDUSTRY Southland Times, Issue 25306, 8 June 1935, Page 5
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