WOOL PRICES INQUIRY
The attention of the Minister of Industries and Commerce, the Hon. P. A. de la Perrelle, was drawn by the New Zealand Farmers’ Union recently to the benefits of an official investigation into the discrepancy between the price of raw wool and that of manufactured goods. The union thought a reduction in the price of the manufactured articles would tend to create an increased demand for wool and a higher return to the producers. Mr. de la Perrelle thought no good purpose would be served by an inquiry of the nature suggested by the union. New Zealand woollen companies were faced with strong competition from overseas and inquiry into the cost of manufactured woollen goods would apply to them, too.
The union also asked the Department of Industries and Commerce to determine whether the present prices of cement were justified. Mr. de la Perrelle replied that the department ■►would continue to watch movements in the prices, but it was not considered necessary at this juncture to make a special investigation. The prei ent prices were considered not to be unreasonable.
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Bibliographic details
Sun (Auckland), Volume IV, Issue 1073, 10 September 1930, Page 11
Word Count
183WOOL PRICES INQUIRY Sun (Auckland), Volume IV, Issue 1073, 10 September 1930, Page 11
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