The Manawatu Standard (PUBLISHED DAILY.) The Oldest Daily Newspaper on the West Coast. SATURDAY, JANUARY 30 1886. EXTENSION OF WOOL MARKETS.

Manawatu Standard, Volume XI, Issue 1622, 30 January 1886, Page 2

Manawatu Standard (PUBLISHED DAILY.) The Oldest Daily Newspaper on the West Coast. SATURDAY, JANUARY 30 1886. EXTENSION OF WOOL MARKETS.

Ik reference to the effofijs now "beine: made i fo open iip' markeis^f or Australian^ wool mi. Chinas the. sTaamanian Mavt sayg \r~ '?Tbat' t\\& : f all ! \a< pripe of wjool occasioned . j>y #i t^p r , large , importations: from South, America should suggest to those engaged 'or m the jks'tbral industry the advisabjliry of seeking j for fresh outlets for their produce j is natural enough,- but that Ghinarthonld l>e look«drto m Jhis; connection appears to us a Tathe'r retelarkafciie- illustration! of ■ how the whirligig of time brings about its revenges. Korg years mastfthe Australia^ t |at%heiißsti|al;|n of [the. "TraajßilUaion, Lh»^ otia fegilatine lo "Ke«[/out th^ Cliinlse. In "Queensland, m New South Wales and Victoria a p'olltfucjs leyjed Uflonjthem, yet now, because ' there is a fall m the price of wool which promises; to? be permenentr it k suggested 1 that oflEof is shVuld be Wdl'to inducejtfee I 'Chinese to become. ! customers- f<6> o^rj. | ,wo,qL In the interestejQfjtlj^Austraian' I colonies, we shall, of course, be glacl if , these efforts should prove* successful, but it strides ns that^t argues a con^ : siderable amount of 'assurance on jour parti to: ask the Chinese to oblige ius bypurchasing ,pHf fWool, while we willjnot' allow them to land m any of our ports without paying a penalty of £10 a'ihead; Iri place of > cultivating, trade relations with us we should say the Chinese \rpu\d be amply jußtified^ftheypßyus'liack m own coin, and refuse to admit our wool on any terms. With respect, however, to the reduction m the pricb of jwoo], we have no doubt that it is a .ficiently serious matter for those! en-, gaged m the wool industry, but w« are hot disposed to regard it as an unmixed evil, at least so far as the colony is 'concerned. One o§ ? theT probableWsuiis of it, should the reaucjion prove permafaent ,;will be the si^-diyision of sofWrf thej •large pastoral estates, for tfie plr^b^ejof ; devoting thorn to agricultural purposes,'', which yvi^qer^ainlv Bel productivjj "io : benefit ratheKUhan of injury to) !h'e J .country. I ;-:•;