THE WOOL COMMANDEER

Taihape Daily Times, 15 July 1918, Page 6

THE WOOL COMMANDEER

ME. LYSNAE’S PEOTEST Mr Lysnar, of Gisborne, addressing a largely attended meeting of farmers of Southern Hawke’s Bay, upon the Imperial wool purchase, setting forth the grounds of his opposition to the commandeer extending longer than three months after the war He said the shortage of shipping was not likely to affect the position after the war, ■because Sir Joseph Ward stated in the House that all New Zealand troops would be returned within a month of its close, and the ships bringing the troops would be available to lift the wool.

Eeplying to the argument that South Africa had suffered by depending on the open market, he said that country, although the clip showed a shrinkage of 28 million pounds last year, as compared with 1915, had profited by £4,226,000 A motion was unanimously carried voicing an emphatic protest against the manufacturers in England being allowed to make high prices out of the Dominion’s surplus wool, which was being sold for civilian requirements to the trade at practically cost price, and much below the actual value The remainder of the resolution was in similar terms to that carried by the meeting of Gisborne woolgrowers. £ Eeplying to a vote of thanks, Mr LysMr Said he felt that he would be a public coward if he did not expose the effects likely to accrue to the pastoral industry in New Zealand from the terms of the Imperial purchase if ■extended beyond three months after the close of the war