Page 16 Advertisements Column 1

Press, Volume LXI, Issue 18420, 29 June 1925, Page 16

AUCTIONS. 11. MATSON AND UO. DO "YOUR BUSINESS WITH 11. JfATSOX AND CO. IT has become uiore cvidnnt 10-' lay *iii» :ii. lute necessity of Mippnrtins; individ ineTit. Bud prjv.ilo n>lprprlse. N. MAT.-'i und CO., one of llio Oldest Firm' lmve stood tha good :md bad ti fact purely must app<;il to ynu. See i!iat MATSON" nnrl CO. set ynur SALES" uf "\VO< STOCK, and your 011DEHS (nr Win PACKS, C'OKX SACKS. METiI :HAN DI.fcEKDS, iind whfitr-vi" oihrr rommi r .sions > have to t/recuie irilh n Stock nnrl Sinti Firm. .

Australian paper regarding tl Tin-; woor, positk MFETI" J-'IKST. Dl;. IvWTER'.S VJinV; Br. X. VT. Kaler, M.L.C.. late President of ♦ lie, Graziers' Association of X.S.W., one, of !)ie best-known woolgrowers in Hie State, covers the position in the, following letter, which we coramend to lliu consideration, of -Vustralian, woolgrowers:— A great deal of correspondence lias :u>Reared in the Australian l'rea-s recently mlvoeating far-reaching mid dangerous rxperi- - "•- ~in rioting of tho Australian wool of the fact that loss than two Tears ago, the vote taltnn at an extraordinary general meeting of Bawra indicated that the large mujority of growers wished to return to normal selling conditions. THE TWO CLASSK*. .As I aee the position to-day, woolgrower's appear to be divided into two classes. Thy lhers of the first r.las* resei verbial drowning man, who clutches at ;i straw. Tho straw at -which they clutch is assistance through Government control—n, principle -which many of them have spent a lifetimo combating- They urn prepared fu take tho serious responsibility of departing from systems nagpeiated with the marketing of their wool in -the pust, -which systems have played no small part in tho outstanding posi--1 ion to ivhich the industry has attained. There is a snggestion of hysteria in their proposals, which are at best founded on theoretical and visionary deals. The other cla»s of woolgro-rrrrr fx, I venture tp say, more typical of the man who made the industry—in that ho is prepared to stand on self-reliance, take the coot! with had. and face tho position to-day, confident, of satisfactory average conditions obtaining in tho future.

In- support of the latter s attitude, i parison may pnrhaps be mado with the . u£.Great Britain.following tho itar. The way in which tho financial side of Britain's affairs lias been managed is a matter ot national prido io all of us, and has placed that country in tho position of being envied by nil other nations. . Tho_ succeeding Governments of Great Britain sinco tho Tear buvo not arrived at this satisfactory position by leaning on haslilyeoneoivod theories, but by abolishing as far ns was possible, if not' entirely, nil those artificial forms of control •which were necessary while the country was nt war, and resolutely setting to herself tho task of steering through tho troubled waters in. tho good ehip Keif-reliance, BAWRA. ,3Tr James Clark is notoriously a staunch supporter of "Bawra," and. as far as that organisation's proper functions went, the overwhelming majority of people are iu accordance with. him. There is, however, much confusion ot thought with regard to it, and 3 am afraid that tho average man who says ■'l would like Bawra brought back," dooa not take sufficiently into account tho fact that '"Bawra" by itself without an Australian Act of Parliament, and a guaranteed buyer such ail Great Britain for Australia's wool, would be powerless. Is it likely that Great Britain would enter into a contract to keep MP the price of Australia's wool at tho risk of earning unpopularity from the millions of people within her shores who naturally desire cheap eletMng 1 It has been suggested in some quarters that: a Woolgrowers' Buying Organisation to support the market would be a good thing. Had ench an organisation been in existence during, the current season, I fear that its capital would have been lost by now if it had seriously attempted to carry out the ideals and ideas of certain visionaries. I* - KATTER OS" HISTOKTMi? Clark dwells on all that *TB*wrar did in connexion with the management of the marketing of current dips up till September, 1922, after which date be states that this organisation was never further consulted by wool selling brokers. At the time of the final conference irith "Bawra," the burning question was tho -uplifting of tho price of crossbred wool. * The plan put rbrwarfl by Sir John Higgins waa not acceptable to Australian , wool selling brokers, who, subsequent to the conference, came to an amicable arrangement with the woolgrowera' representatives that they would provide free storage for such wooja'aa growers wished to hold, and that ,they would finance clients requiring monetary assistanco, and it was understood that no further experimental steps would be taken, It is a matter of history that, although Sir John Higgins'* scheme was not adopted, and ordinary market conditions operated as from that time, crossbred wool immediately, roso rapidly.in price. I/OOSE terms. Many, of those growers who saw wrltmfrn as ''cost of production,*' Sir John Higgins, as reported in°kn interview with ,hlm after the last annual would be satisfied with a reasonable price—another vague term.. "When the Commonwealth Government In 4D21 imposed a flat rate of 8d per lb aa the purchased and exported,. Sir John Higgins s ideas,- I understand, were to the vicinity of lid per lb. Would they be in that wieinity to-day I I believe Mr Olark's idea is 20d. Hence the difficulty of arbitrarily Those who are advooating control do not quote a, figure whloh is going to encourage the buyer to purchase. • THE BUYERS. 'l'jfcnow of no industry where so much has been done in the way of throwing suspicion on the buyer*. To suggest that they have deliberately brought about the recent slump is so foolish as not to require contradiction. Tho buyers have been by for the bigeest, sufferer*, and the slump itself, as several writers have pointed out, is the inevitable aftermath ■of an undoubted boom. Thai a section of woolgrowers should be attempting to force a large number of followwoolgrowers who believe in self-reliance into clamouring to the Government for artificial assistance because a trade slump has occurred is,. I think, as wrong as it is unwise. THE BROKERS. '■" The Woel Belling Brokers, in conjunction with the Australian Woolgrowers' Council, ■have been following the market, and have been limiting supplies as they considered necessary. Twice in this present season •aha haTO been held up altogether, and for "another period original allocations were cut in half. Even this type of interference can, in itay* opinion, be overdone, and certainly further suggestions based on highly experimental theories will, I believe, receive tho strongest opposition from the. majority of growers. THE SILVER LINING! •■•• •'Laßt'nf all, it cannot be too often repeated r .tljay. undue attempts to force wool values too jitjm must, as a natural corollary, discourage tnteev such as artificial silk.' The siliUnlng to the, cloud of low prices is that i* will render the use of wool more popuUciii ultimately encourage a greater denuHMUi which will no doubt find its level, at A, sensible payable price, and then will theleallstabllity about which so (much has beer. written bo brought about. ; ""Wi attempts by Australia to corner ively play into the hands ompetitors throughout the lie expense of **■' V\ CONSUMERS. One o'jtte worst features of the position fo-day is ttt distrust that la facing formulated . in consume!*' minds as a result of tho clam\our in certain quarters to bring in highly ', experimental'and novel methods ot control iu "■'of Australia's wool. Nothing _ted to disturb more greatly the confidence of in operating and laying In stocks than the uncertainty caused by those tactics. '> It should ba our objective to system which will give the fullest aWnSMnca in *hia direction. M 66*3