WOOL POLICY

Hokitika Guardian, 31 May 1921, Page 1

WOOL POLICY

MR MARIN’S REPORT

[BY TELEGRAPH—PER PRESS ASSOCIATION]

WELLINGTON, May 31

Mr A. K. Alabin who recently represented New Zealand wool interests- in conference at Melbourne with the British and Australian Wool Realisation Association, has presented his report to the Government. The chief rccommendaton s that New Zealand should cooperate with Bnvra in the limitation of offerings and fixation of prices for a period of five years, with proviso that if Australia does not agree to a five years term. New Zealand should have the right of withdrawal at any time, on giving six months notice. To give effect to this suggestion Arr Alabin proposes the constitution of somebody, possibly a modification of tlie Producers Committee with power to direct the wool policy of New Zealand for some years ahead. Tt should represent growers, brokers, banks, freezing coys., and others interested, and should b fi able

to ask and obtain general recognition ; of its considered policy, its main prin- | ciples to lie: 0) Regulation of wool ! allocation for auction sales in New ZeaI land; (2) fixing of reasonable minimum t reserves on parity basis in London AnsI tralia and New Zealand; (.'ll making ! such arrangements as are practicable | and desirable in tlm interests of wood i producers and generally advantageous |to the wool industry as a whole in i Oreat Britain, Australia and New Zealand ; (4) to formulate a policy to deal 1 with the carry over; (H) to enter into sueli business arrangement with Tlawra, hanks, or other bodies as may be found j necessary or donlirnlilo. Finally, Air ! Alabin says New Zeal md may plane I the utmost confidence in Sir John Higj gins and the Bawra lioard. No one disputes the great ability of Sir John Higgins, and the Board stands in the highest regard of all in the wool trade or out of it. Strong men and a strong paliev are required at the present juncture, and if we constitute a body able to manage our own internal affairs on lines suggested, we shall gain much advantage hv working in close eo-orflina-tion with Bawra in its Empire policy.