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U.S. TO STOCK WOOL FOR WAR-SAYS COMMUNIST PAPER

(Rec. 10.40). LONDON, October 7. The British Communist newspaper, the Daily Worker, London, declared: Secret talks have been going on between the British and the United States Government chiefs on the need for America to build up a stock pile of wool as a strategic raw material for war.

The newspaper added: The idea is that Washington, with London’s assistance, should engage in bulk purchase of Dominion wools, paying, largely, in dollars, and thereby increasing the dollar earnings in the sterling bloc. The newspaper prophesied that the effect of such a scheme would be a famine in wool for civilians’ use and unemployment for thousands of British mill hands.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA19481008.2.60

Bibliographic details

Grey River Argus, 8 October 1948, Page 5

Word Count
117

U.S. TO STOCK WOOL FOR WAR-SAYS COMMUNIST PAPER Grey River Argus, 8 October 1948, Page 5

U.S. TO STOCK WOOL FOR WAR-SAYS COMMUNIST PAPER Grey River Argus, 8 October 1948, Page 5

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