HC Deb 06 December 1922 vol 159 c1787W
Mr. T. JOHNSTON

asked the President of the Board of Trade if his attention has been called to the profits being made by speculators at the Australian wool sales in the London market; if he is aware that these speculations have added at least 9d. to the price of the pound of wool to the British consumer; and if he will seek Parliamentary powers to safeguard the public from these imposts?

Viscount WOLMER

I am aware that during the last few months there has been a rise in the price of the finer grades of wool, but I am informed that this was due mainly to an apparent shortage and consequent increased competition for the available supplies. The last part of the question, therefore, does not arise.

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