WOOL-GROWERS’ PROFITS

Hokitika Guardian, 28 September 1920, Page 3

WOOL-GROWERS’ PROFITS

A statement made in an editorial m the Dunedin Star on the wool profits that “time and the passing of acute • trouble had Pharaohed the hearts o many 'sheep-owners” has caused several indignant correspondents to accuse the naper of “uncharitableness.” Mr James Be-g the president of the Otago and Southland Sheep-owners’ Union, claims that the comment is unfair to the onh class in the community which acknowledged its debt to the men of the mercantile marine other than by Another correspondent says that impoitcTS 'as well as the 'wool exporters should subscribe to the mercantile mn- .. r ine fund, and concludes: “The woolcrrower received 55 per cent over pie-k-ates, plus this extra distribution. This is not alb profit. Taxes on land are up 50 per cent; income tax advanced to as much as 7s 6d in the ~ . woolpacks were pre-war 2s 9d, now 9s; sewing twine Is 6d, now 6s; rates for shearing, musterers and labour anerallv are up 50 per cent to 100 per .ent. Implements, harness and horse feed used in providing sheep feed—grass, rape, v turnips etc.—have advanced all round ■fully 100 per cent. 7 otvl "'rite safe in affirming that the woolgrower has not received as much net lb. for his wool as he did in 1914.