29

H.—3Bb

11. The wool-broker shall provide storage free of charge for the wool for a period of twenty-eight days after the date of valuation. After tho expiration of that period the Government will pay storage at a rate to be arranged between the Government and the wool-broker. 12. Any wool may before payment therefor be rejected by the valuers, or, in case of their disagreement, by the supervising valuer, as being unmerchantable or not of the nature or quality required by the Government. Wool so rejected will not be taken by the Government. The broker shall be at liberty to charge the owner a reasonable sum for services rendered in respect of any wool so rejected, and also in respect of all wool which for any other reason does not become the property of His Majesty pursuant to the foregoing provisions of this Proclamation. 13. In the case of all bales or packages of wool delivered in a wool-broker's store "otherwise than in good condition for shipment i ad.'in the case of bales or packages of mixed description requiring repacking, the broker shall be at liberty to charge the owner a sum not exceeding one farthing pelpound for the additional work so involved, in addition to the cost of new packs, if supplied. 14. No Government wool-broker shall, in respect of any services rendered or charges incurred in pursuance of his employment by the Government as aforesaid, charge the owner of any wool with any brokerage commission or other remuneration or reimbursement, save so far as hereinbefore expressly authorized in respect of repacking, or of correcting faulty branding, or in respect of wool which becomes the subject of an appeal, or in respect-of wool that has been rejected by valuers or the supervising valuer, or in respect of wool that does not become the property of His Majesty pursuant to this Proclamation, the intention being that the amount payable by the Government in accordance with the foregoing provisions shall constitute the net return to the owner for the wool as delivered into the broker's store. 15. In all of the matters herein set. forth the Controller of the Department of Imperial Government Supplies will act on behalf of the Government. 16. Slipe wool produced, at freezing-works, and any other quality of wool notified from time to time by the Government to the wool-brokers, will not be subject to requisition under the provisions herein contained. 17. The delivery of wool by the owner to a Government wool-broker at his wool-store at any of the ports aforesaid shall, constitute a contract between the owner and the Crown for the sale and purchase of the wool on the terms herein set forth, subject, however, to the right of rejection hereinbefore provided. 18. The term " date of valuation " means the day of the date of a certificate of valuation signed, by the valuers or in the event of their disagreement by the supervising valuer. 19. If any owner of wool fails or refuses to deliver such wool to a wool-broker in accordance with the foregoing provisions, the wool will be subject to seizure in the exercise of His Majesty's authority in that behalf, and will be disposed of in such manner as the necessities of His Majesty may require. 20. In addition to the purchase-money hereinbefore specified a bonus in accordance with the following provisions will, on the termination of this scheme of requisition and purchase, be distributable among all persons who have sold wool to the Government under such scheme and shall be divided between them in proportion to the aggregate amounts paid to each of them by way of purchasemoney under the scheme. The amount of such bonus shall be determined by His Majesty's Government of the United Kingdom, and the determination of that Government will be final and conclusive. The intent of this provision, however, is that the bonus shall be equivalent to one-half of the net profits derived by His Majesty's Government from the resale of any wool that is not required for the uses of that Government, and His Majesty's Government will in determining the amount of the bonus compute the same in such manner as to give effect to this intent as nearly as may be deemed practicable by that Government. APPENDIX .1. Wool-brokers. Abraham and Williams (Limited). J. R. Mills arrd Son. A. Buokland and Sons. L. A. Nolan and Co. A. Moritzson and (Jo. Levin and Co. (Limited). Bennett and Sherratt. Murray, Roberts, and Co. (Limited). Bisley Bros, arrd Co. National Mortgage and Agency Company (Limited). Canterbury Farmers' Co-operative Association (Limited). Newton King. Common, Shelton, and Co. (Limited). New Zealand Farmers' Co-operative Association of Corry and Co. Canterbury (Limited). Dalgety and Co. (Limited). New Zealand Farmers' Co-operative Distributing CoinDarling and McDowell. pany (Limited). David Friedlander. New Zealand Loan and Mercantile Agerrcy Company De Pelicliet, McLeod, and Co. (Limited). (Limited) Donald Roid and Co. (Limited). North Auckland Farmers' Co-operative Association (LiB. Buxton and Co. (Limited). mited). Farmers' Co-operative Organization Society of New North Otago Farmers' Co-operative Association (Limited) Zealand (Limited). Otago Farmers' Co-operative Association of New Zealand Freeman Pu. Jackson and Co. (Limited). (Limited). Gisborne Farmers' Co-operative Company (.Limited). Pyne and Co. Gisborne Sheep-farmers' Frozen Meat Company (Limited). Southland Farmers' Co-operative Association (Limited). Guinness and. Le Cren (Limited). Stronach, Morris, and Co. (Limited). C. W. Binney and Sons. Tokomaru Farmers' Co-operative Company (Limited). Hawke's Bay Farmers' Co-operative Association (Limited). Tolaga Bay Trading Company (Limited). Henderson and Co. (Limited). United Farmers' Co-operative Association (Limited). H. Matson and Co. Wairarapa Farmers' Co-operative Association (Limited). Hugh Roberts. Waters, Ritchie, and Co. J. E. Watson and Co. (Limited). W. E. Clouston and Co. J. G. Ward and Co. (Limited). Williams and Kettle (Limited). Johnston and Co. (Limited). Wright, Stephenson, and Co. (Limited).