WOOLGROWERS’ PLIGHT

Wanganui Chronicle, Volume 75, Issue 190, 13 August 1932, Page 7

WOOLGROWERS’ PLIGHT

INDUSTRY IN AUSTRALIA GOVERNMENT TAKES ACTION SYDNEY, Aug. 12. “A grave national warning” to the Government and people of Australia has been issued by the Graziers’ As Aociation of New South Wales, which .n letters to Messrs J. A. Lyons and B. S. Stevens, declares that the great ost industry of the State is already disintegrating and borders on a state 3f financial collapse. “Recovery may still be possible,” the Association states, “but only by bold, drastic, and swift action by our national .nailers —action which must be coinplet'■«*fore the wool export season opens on August 29. The Federal Cabinet at a meeting lecidea upon the appointment of an expert committee to carry out a full nvestigation into the wool industry in Australia, with a view to determinin'’ v.hat steps arc necessary to bring about he rehabilitation of the industry. Mr. Lyons, in making the announce ment, said that the committee would in 11 probability comprise seven members. L’he personnel had not yet been com nleted. The decision of Cabinet fol owed an interview which Mr. Lyoniad with Sir Graham Waddell, presi lent of the Woolgrowers’ Council in Sydney, in the course of which Sir G. Waddell pointed out the urgent necessity for assistance being provided in order to place the wool industry on a basis which would be profitable to the grower.