A SUIT TO COST £2O.
; EXCESSIVE COST OF WOOL. ' GOVERNMENT CONTROL BLAMED. By: Telegraph.—Press Assn.—Copyright. Received Jan. 8, 3.5 p.m. London, Jan. 6. The newspapers predict a possible increase in the cost of a suit of clothes to £2O, due mainly, it is alleged, to the bulk of the best quality wool being Government controlled in Australia and New < Zealand, and to the scarcity of raw material. Sir Thomas Mackenzie (High Commissioner for New Zealand), in a letter to the press, denies any control in New Zealand, and points out that the whole exportable surplus is sold to the Home Government. There is no scarcity of stocks on hand or The quantity arriving amounts to 2,270,000 bales, which, together with the new Australian and New Zealand clips, will make four and a half million bales. Therefore the increase in the price of clothes is neither due to an increased cost of wool to the Some Government, nor to a scarcity in New Zealand.
Farmers are holding meetings and adopting resolutions condemning the exorbitant prices charged for woollen goods in view of the prices they receive for raw material—Aus.-N.Z. Cable Assn.
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Taranaki Daily News, 9 January 1920, Page 5
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190A SUIT TO COST £20. Taranaki Daily News, 9 January 1920, Page 5
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