WOOL MARKETING

Dominion, Volume 35, Issue 284, 29 August 1942, Page 9

WOOL MARKETING

Australian Post-war Plans

Tlie Australian Woolgrowers’ Council “has adpoted a unanimous report of a 1 special committee which has been studying the problem of postwar marketing of wool. It was decided that in the postwar period the purchasing and distributing of wool surpluses should be undertaken by an international authority at the earliest practicable date. This is regarded as the first practical move to implement the Atlantic Charter, to which ustralia is pledged on the part of this country. Pending the formation of such an international authority it was decided that the United Kingdom be asked to continue the existing purchase plan covering the acquisition of wool in the British Commonwealth, with a guarantee of at least three years at the expiration of the present agreement.” This, is reported in “Stock and Land” of July 1. The report is a very full one, and it is noted that the. recommendation of the special committee has the backing of four of the greatest wool authorities in Australia.. One of the points made is that wool is a staple raw material, distributed world-wide and so. of highest international importance, therefore the implications of the Atlantic Charter bear upon its distribution.. Thus arises particularly the call for some control by an international aiithotity. It is proposed that in the formation of such an international purchasing and distributing authority, the international wool secretariat as distinctly representative of wool producers should bo represented. (This secretariat.is composed of representatives of New Zealand. Australia and South Africa, as producers, and now has liaison with Ameri can woolgrowcrs and those of Britain.)