BIG WOOL PURCHASES
DEKMAN DONSCRIidfIDN FLAN.S. EFFECT IWPP-N DOLD DPDN?' p hlE§- .' O j Sy Telegraph-Fress ,Assn--<PPJT.i&ht-. London, .March 19. ■Germany’s i-ecert'. huge wool purchases ■are -undoubtedly connected with ‘the eonscription plans', says :the -Yorkshire tQb.server. ' “The .wool industry ; is most sensitive to international events and .Germany’s action -is likely to result in further re.percussions. The present exchange ,rateg. mean -that the gold -standard <;mintries -can ’buy wool absurdly cheaply Jfrpm: .countries off lhe gold standard. many’s actions may encourage firms in the gold -countries 4p ;in ; .rjw' materials, particularly -wppl, ,as u hheap’ ■and safe investment of 'their .funds in •the event of -their countries abandoning .gold,” says -the Observer.
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Bibliographic details
Taranaki Daily News, 21 March 1935, Page 5
Word Count
111BIG WOOL PURCHASES Taranaki Daily News, 21 March 1935, Page 5
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