CONTROL WOULD BE RESISTED

Dominion, Volume 28, Issue 93, 14 January 1935, Page 8

CONTROL WOULD BE RESISTED

Australian Wool Industry UNCERTAINTY OF WORLD CONDITIONS Dominion Special Service. Auckland, January 12. An emphatic statement, that, the wool-growers of Australia will resist any suggestion of control or fixation of prices in the wool industry of the Commonwealth was made by Sir Graham AVaddeil, who passed through Auckland on the Mariposa to-day. Sir Graham for the past ten years has been chairman of the Australian AVool Growers’ Council. He emphasised that his visit to America was purely for health reasons and had no connection with the industry in which be is so prominently connected. As far as the future of the woolgrowing countries was concerned, Sir Graham said, it would be foolish to predict. Australia’s position, like New Zealand’s, was most, uncertain owing to the present economic conditions of the world and half the countries of the Continent restricting their purchases of wool. Last year the wool growers of the Commonwealth had had a carryover of 250,000 bales, and he was afraid there would also be a carryover this season. The policy of the council had always been to persuade growers to quit their wool when prices were anything like reasonable and not glut the market when an improvement i_n prices came. After referring to Government interference in other primary products, Sir Graham said the wool growers of Australia had stood on their own legs and would continue to do so. Anything in the nature of Government control would be fought to the bitter end.