WOOL CLIP PURCHASE.

Taranaki Daily News, 6 December 1916, Page 8

WOOL CLIP PURCHASE.

DETAILS OF THE SCHEME.

The wool requisition scheme is very nearly ready for operation now. It is a lingo business concern, and the Minister of Commerce (the Hon. \V. I). S. Mac Donald) has to deal every day with a great mass of telegraphic and postal correspondence from all ovei New Zealand on points of detail as they arise in different centres.

One of the matters still unsettled relates (says '.he Dominion) to contracts of sale completed before tile requisition was announced. The Minister said that the understanding with the growers was that the contract should be cancelled, but the buyers consider that they ought to be allowed to hold the wool.

Some misunderstanding exists -among certain of the farmers about the valua*tion. Some of them are still under the impression that they have to find a valuer for their wool. This is not so. The brokers, as part of the service they render to tile farmer and the Government, find one valuer, and the Government finds another valuer. All the brokers' valuers are Xew Zealand men, and all the Government valuers are wool-buyers—all specialists in the wool trade.

TJio ports of delivery at which too! will be taken over, from the growers are not yet all determined. The Government is anxious to allow wool to go lo all the places where it was formerly handled, and every place claims to bav'e all requisite facilities. Enquiry and inspection have yet to be made, however, as to whether this is the case at some of the smaller ports. For the proper valuing of wool spacious and well-lighted stores arc essential, and the Government lias to be satisfied that tlie=c are available at a place before it can be made a point of delivery Those already provisionally agreed upon are: Auckland, fiishorne) Napier, Waitara, Wanganui, Wellington, Nelson, Cliristclnirch, Timaru, Oamaru, Port Chalmers, Bluff, and Tokomaru Bay Some of these may yet have to be eliminated. Investigation is still being made regarding Picton, iratea, and one or two other smaller ports.