WOOL MONOPOLY
ACTION BY THE JAPANESE IN NORTH CHINA INVESTIGATIONS ORDERED BY BRITAIN INTERFERENCE WITH FREE TRADE (Recd This Day, 11.45 a.m.) LONDON, April 6. The Australian Associated Press has learned that Mr Chamberlain has asked the British Ambassador in China to investigate reports that the Japanese in North China are establishing a wool monopoly in connection with the wool produced in Mongolia, Hsinghiang and Kansu, excluding British buyers and interfering with free trade in wool. The Japanese activities considerably alarm the wool* trade.
A member of the House of Commons (Sir J. S. Wardlaw-Milne) told the Australian Associated Press that the Japanese had ordered all Chinese merchants to register their stocks with the Japanese, who sealed and subsequently bought up and shipped the whole lot at their own prices. It is now reported that a Japanese organisation is being formed to monopolise the entire production of Inner Mongolia and North Western Chinese wool.
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Wairarapa Times-Age, 7 April 1938, Page 8
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154WOOL MONOPOLY Wairarapa Times-Age, 7 April 1938, Page 8
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