PROFITS ON WOOL.
To ttelSditor cif 'tti© "Timaru Herald" ■••' leavin.tr New Zealand Mr Massey asked the farmers to fee patriotic 'and sell xheir wool clip to the Government aiv, the. latter's prices. -The farmers did so, and the wool was : purchased: Now anyone reading an account of the London sales ifrom time to time" must notice that at every sale the wool is up sto 10 per cent. "Who is getting the profit?; .As our two principal politicians .are ..away perhaps some competent authority will answer my question. "Why is the New Zealand farmer debarred from competing in the open ..market?; .If the restriction is put on to keep. prices down why is the man at the other end making the profit? I notice that one lot of wool sold recently averaged sAd.—l am, etc.. MYSTIFIED. [Among the terms "by which New. Zealand wool was commandeered it was provided that any profits made by I the Imperial Government when the I wool was marketed. should 'oe distributed pro rata among the producers. Editor, "Timaru Herald."]
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https://paperspast.natlib.govt.nz/newspapers/THD19170328.2.4.1
Bibliographic details
Timaru Herald, Volume CVI, Issue 16230, 28 March 1917, Page 2
Word Count
175PROFITS ON WOOL. Timaru Herald, Volume CVI, Issue 16230, 28 March 1917, Page 2
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