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PLEA FOR WOOL GROWERS

PRICES BELOW PRESENT COST. INTEREST REDUCTION ASKED. By Telegraph—Press Assn.—Copyright Canberra, March 11. Mi'. Aubrey Abbot gave a warning in the House of Representatives that unless prompt action was taken to assist the wool industry the result might be catastrophic. Mr, Abbott, who moved the adjournment of the House, said that the amount received for Australian wool was treble the amount of the gold won. In the past four years, taking exchange into consideration, the average price of wool had been a little more than 8d a pound and the bedrock cost of production about lOd. He urged a. reduction in interest to give wool producers a chance to win through. . '

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TDN19330313.2.98

Bibliographic details

Taranaki Daily News, 13 March 1933, Page 9

Word Count
115

PLEA FOR WOOL GROWERS Taranaki Daily News, 13 March 1933, Page 9

PLEA FOR WOOL GROWERS Taranaki Daily News, 13 March 1933, Page 9