FALLACY OF CONTROL
PftOPOSAL COKDMNED
STATE AID IN AUSTRALIA
Onitcrt Press Association—By Elects" X«i»
Crapb—Copyright; (Received 20th Febniujy, 11 a.m.;
SYDNEY", TMs Day
Under tho heading "Jfcllaey of Price" Control" the "Sydney Morning Herald" editorially condemns a proposal put to the Federal Go\»ernmeut to aid a scheme for holding. off the market 200,000 bales of the season'a wool clip and a similar quantify of next season's in the hope tjiasfc prices will increase. The "HeraW*' points out that growers have the alght to do what they like with their wool; either to combine voluntarily or to offer wool when and liow thsiy please, but they have no right, to d^erco into their line of action any of their class who do not agree with them. "The Government would be false to its trust,if it used tho nationa) credit in a scheme to maintain pric»es temporarily, with, tho grave risk thjit the Treasury would have to meet hejavy deficiency. "Wool prices to-dny a«*e what they are because of increased production. There must be no artificial control- Wool, therefore, must work out its own salvation." it
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https://paperspast.natlib.govt.nz/newspapers/EP19300220.2.69.1
Bibliographic details
Evening Post, Volume CIX, Issue 43, 20 February 1930, Page 9
Word Count
184FALLACY OF CONTROL Evening Post, Volume CIX, Issue 43, 20 February 1930, Page 9
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