MR WATT'S RESIGNATION
POSITION REGARDING -WOOL , ' SALES. ■ , Australian and N.Z. Cable Association. (Received June 13. 5.5 p.m.) LONDON. June 11. It is authoritatively stated that Mr *W. A. Watt suspended the wool ncgo- * tilations a" fortnight ago when the rup- “ ure with Mr Hughes began to develop. ’ ‘At that 'time the negotiations had reached the following stage; The British Government definitely refused 'Mr Hughes’s request to suspend the Lon,*don sales fear sis months. The GovernHinent was prepared tp pay Mr Watt ten »,milhons immediately as the first instal-. -aenb- of -the-profits...,.«, - The Government will shortly publish the report and balance-sheet of the gales to March 31st. 1919. THE SILENCE OE am HUGHES. By Telegraph—Press Assn.—Copyright i- SYDNEY, June 12. . Mr Hughes, when acquainted with Mr Wait's statement that he had been advised of air Watt’s resignation, dcclined to make any comment whatever.
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New Zealand Times, Volume XLVI, Issue 10615, 14 June 1920, Page 6
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142MR WATT'S RESIGNATION New Zealand Times, Volume XLVI, Issue 10615, 14 June 1920, Page 6
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