IMPERIAL WOOL PURCHASE

Dominion, Volume 11, Issue 253, 13 July 1918, Page 10

IMPERIAL WOOL PURCHASE

i PEOTEST OF SOUTHERN HAWSE'S : ■' v BAY FAE3IERS. .By Telegraph—Press Association. Dannevirke, July li. i. Mr. .W. 'D. Lysnar, of Gisborne, ad- : Pressed .a largely-attended meeting of \ farmers of Southern Hnwke's Bay upon j the Imperial .wool purchase, setting forth ' the grounds of his opposition to comi Juancleer extending longer than thrco j months after the war. He said that ,the ; shortage ol shipping was not likely to nffect the position after the war, because : ■ Sir Joseph Ward had stated in the ! House that all the New Zenliind'troops ; would be returned within twelve months : of its close. The ships ,, bringing the i troop 3 would be available to lift the wool. ; Replying to the argument that South : 'Africa had suffered by depending on the open market, Mr. Lysnar said that : country, although the clip showed a shrinkage of 23.000,0001b. last year &a i compared with 1915, had profited by yu,228,000. A motion was unanimously carried voicing an emphatic protest against the manufacturers in England being allowed to make high prices out of the Dominion's enrplus wool, which was being sold ■for civilian requirements to the trade at practically cost price, and much below the actual value. The remainder of the resolution was in similar terms to that carried\at the meeting of Gisborne. woolgrowers.' Replying to a vote of thanks, Mr. Lysnar said hofelt that ho would be a public coward if lie did not expose the , effects that wero likely to accrue to the .' pastoral industry of New Zealand from s the tTins of Hie ImpHnl purchase, if It extended Feyond three months of the close of the war.