THE Wairarapa Age MORNING DAILY. TUESDAY, MARCH 16, 1909. THE RISE IN WOOL.

Wairarapa Age, Volume XXXII, Issue 3139, 16 March 1909, Page 4

THE Wairarapa Age MORNING DAILY. TUESDAY, MARCH 16, 1909. THE RISE IN WOOL.

The coming of capital into a new and only partially-developed country is always welcome, but never more welcome than in these times of stringency, and when it results from higher prices for produce already in the market. Buyers are more in evidence in the wool markets than they have been for many a day, and the prices paid for our Ne>v Zealand clip have responded cheerfully to the greater competition. This all means more money in New Zealand, more money to be spant by the woolgrowers among their fellow colonists, more money to increase the volume of our trade, and to add to the working capital of private citizens and of public institutions. We may properly ask the Government, which will profit so much from these higher prices by increased revenue to every department of State, and which must realise how timely is the flip thus given to our somewhat jaded finances, whether it would not have been even better for the country if the millions of acres, now locked up against settlement, had been allowed to contribute their quota to the wool market, as to the butter market and the meat market. There is not a thousand acres in the Dominion fit for growing wool, or butter, or beef which might not be in use within a very few years if the Government would allow settlers to go upon the land.