WHEAT SHIPMENTS

Waikato Independent, Volume XL, Issue 3664, 6 February 1940, Page 2

WHEAT SHIPMENTS

SHORTAGE OF VESSELS SUPPLIES FROM AUSTRALIA lit is difficult to procure adequate shipping to enable the transport of Australia's wheat export surplus or even sufficient 'shipping for the quantities which Britain is able to absorb. It transpires that if shipping had been available, much larger Australian sales would have been possible, enabling Britain to buy less from Canada, whose dollar exchange makes purchases much more costly than in the case of Australian grain. This

has been one of the problems uppera most in Mr. Casey's discussions, for which reason he explored the prospect of using idle American shipping.

•In spite of difficulties presented by the extra cost, it is still believed possible to utilise American bottoms. The demand for Australia's (wool not only by Britain, but especially by France, besides neutral States, is such that it has become embarrassing.