The Archive · 1939

British Wool Buyers

Reassured London, Jan, 14, 'There was nw substance to allegations. that Germany was aiming fal, and_ securing. monopolist, control over South African wool sales, declared the spokesman of South Africa House, in London, {interview with Reuter Inst' night The spokesman agreed thet unless some solution were found to end the deadlock there would he a default on the payment of foreign loans in March but he did not wish to make any statement as to who was at fault, This was 2 matter for the governments concerned, he added.

Local Chinese View:

The statement made by a spokes man of the Chinese government Chunsking regarding the deferment of payment of China's foreign secured. by! the Customs fund was. seen. by informed Chinese circles in Shanghai esterday as a means of Powers concerned to intervene with the Japanese authorities in whose The statement followed the publication of reports that concern was felt by" British, Continental anit South African wool buyers at signs that German agents were obtaining, a stranglehold on the South African wool market, The spokesman added that the Union Government repeatedly refuted the allegation that the German-South African Payments Agreement Giscriminated against British wool buyers and British shipping. "Under the terms of its trade agreements with foreign countries and the United Kingdom," he added, "the Union of South Africa could not, in fact, discriminate in favour of

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