It has been noticeable that the woollen industry at Bradford has remained quietly confident with regard to the post-war prospects. The advan.tages enjoyed by other textiles during the war have been recognized, for they have not experienced the heavy, prolonged demand for goods for military purposes. But the leaders of the woollen industry in Britain refused to be agitated about the matter, just as, apparently, they have refused to lie disturbed by accumulations of the raw material. There will, they say, be heavy, and unusual demands for woollen goods. Already one has been the subject, of comment—the provision of clothes for the peoples awaiting liberation in Europe. The British authorities have commenced to build up reserves of clothing and the industry stresses the fact that important consuming markets have been without fresh supplies of woollen manufactures for several years. They put that potential demand down on the credit side. To some extent their confidence probably is based bn the experience of Bawra, after the last war. That organization controlled the gradual delivery to the manufacturing centres of a huge quantity of wool, and it is expected that “reasonable planning will devise a means of orderly liquidation of accumulations alongside current production.” Recently the International Wool Secretariat, in a survey of the position and prospects, said that “wool interests generally are satisfied that there is no need to fear for the future of the commodity and that the final products of wool will always command their market in any reasonably healthy world economy.
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Dominion, Volume 37, Issue 230, 26 June 1944, Page 4
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252Untitled Dominion, Volume 37, Issue 230, 26 June 1944, Page 4
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