WOOL MARKETING AND ATLANTIC CHARTER

Dominion, Volume 35, Issue 290, 5 September 1942, Page 5

WOOL MARKETING AND ATLANTIC CHARTER

The Australian Woolgrowers’ Council has adopted a unanimous report of a special committee which has been studying the -problem of post-war marketing of wool. It was decided that in the postwar period the purchasing and distributing of wood surpluses should be undertaken by M international authority at the earliest practicable date. This is regarded as the first practical move .to implement the Atlantic Charter, to which Australia is pledged. ■Pending the formation of such an international authority it was decided that the United Kingdom be ashed 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 this month. The recommendation of the special committee has the backing of four of the greatest wool authorities iu Australia..' • . One of the points made is that 'wool is a staple raw material, distributed worldwide, 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 authority.” It is proposed that in the formation of such an international purchasing and distributing authority, the international wool secretariat as dis-

tinctly representative of wool producers, should be represented. (This committee, i.e., secretariat, is composed of representatives of New Zealand, Australia and South Africa, as producers. It now has liaison with American woolgrowers and those of Britain.)