HC Deb 14 May 1924 vol 173 c1404W

asked the President of the Board of Trade if the reduction of the imports of wools from Australia during the last six months into this country is owing to the difficult exchange position between London and Melbourne?


I am advised that the cost of exchange in Australia has been a factor tending to restrict import business from Australia into this country in recent months. I note, however, that the price of wool imported from Australia has been substantially higher than a year ago, and this has doubtless not been without effect in the same connection.