NEXT SEASON'S WOOL CLIP.

Taranaki Daily News, 26 July 1917, Page 4

NEXT SEASON'S WOOL CLIP.

KEQUIRED BY IMPERIAL AUTHORTTIES. PORTION MAY SEMAIN QUESTION OP INCREASED COLD STORAGE, (By Telegraph.-Our Parliamentary Correspondent). Wellington, Lost Night. Air. Massey announced in the House to-day that the Imperial authorities had informed him of their intention to purchase the whole of New Zealand's wool clip for next season, on similar term* to those arranged for last season The price would be the same; hut the conditions which had been on the -whole wry satisfactory, might be improved in some respects. The Prime Minister added the* there was a very important qualification, the seriousness of which was appreciated by the House. He quoted Q» following sentences from the Imperial autfcorftieJ on the subject :-«in considering' whs* would be a fair price f w the next clip, it is important to bear in mind ihiif shipping facilities will become increasingly inadequate to lift the. clips, and in any case a considerable quantity of wool will almost certainly remain in Australasia until after the war. In view of the. increased probability that wool will nof bo shipped, the Imperial Government considers that the price should not ej:i ceed the price of hat year, but 1« prepaved to pay fr- "■■»' whole of the <% on the baste of "'- I ' v fi-lf prie>S,'? The communication. ''■• - >bat the' profit on the a-, le of any N M «"required for lin* peril purposes ..-aid be divided 'bar t\v a the Imperial and Dominion' Gov-er-nents, dn the lines of last ge**m'e f r angement. ' ( The Imperial Government's statement regarding shipping pijospeets in relation to the product that does not require in.-; sulated space, gave point to a statement made in answer to a question by the Minister for Agriculture: "The question of providing increasing freezing space for storage purposes in New Zealand has been before the Government for some weeks," he said. The Efficiency Board lias made a recommendation on, the subject, and other reports hov» been received. An acrroement has been mad* to-day with the Wellington Harjbjr. Board to provide cold storage for ip: additional 45,000 or" 50,000 oratefc «f, cheese. Tho Prime Minister has convened a conference of representatives of freezing factories which have plant and facilities to provide cold storage, to consider tho whole position. Tho q«4leronce will be held in Wellington n«» week, and an ondeavor will be made tp provide the storage space required by! farmers of the country in view of tie shipping outlook.