The Sun.
London, England, 1827-07-26 00:00:00

THETFORD WOOL FAIR.

This meeting was very. eespectably, but as might
have been anticipated from the etate of the wool
trade, less numerously attended Aan on former oc-
casions. Mr. Coke (who Appeared in good health
and spirits) took the chsiir.
After dinner the CVAIRMAN gave—" The Con-
slit„utpioronspanerditKy
to the N"vToohleFLaoirt
gAo
oddmpi r ar
ere'
for a good fleece,"—the last of which, he observed,
was more applicable than the old toast of—" A. fine
fleece 'and a fat carcass," since the wool was less
sought for, and tallow worth but little.

Mr. COKE then said that he was highly gratified
at seeing so respectable a company, which he had
hardly expected, as there was so little prospect of
their obtaining a price for their wool. His object in
attending was to obtain a fair price for their wool,
and to promote good humour among them; and he be-
lieved if the fair were not supported, they would not
obtain so good prices. If the manufacturers. were
improving, they might hope that wool, would fetch
hog
He consi-
more money than they could ask now; and those
who liked speculation might hold their stock : but
for his part he preferred selling at the price of the
time, and should therefore offer his two years' clip,
and hoggett,
anddweh riec:2llohis he
o of
computedwfioooclk w o
worthoalt, 34t0010hitiloing or two more thands Mr.
Waller.of
the price he had stated, and taking the hog and
hoggett at 365. and the other at 225. or 235. he
should offer the whole at 302,, and proposed that
they should drink Mr. Waller' s health while he was
considering of it.
Mr. WALLER said, fnat in the many years he had
bought Mr. Coke'a wool, they had never come so
near in their c;aculation as on this occasion. He
had reckoned, that if there were 280 tods of hoggett
and 24Q of flock wool, it was worth 285.; but if the
proportion was near what Mr. Coke stated, it
might be worth 295. He would therefore take it
at 305., and leave it to his honour to abate him Is.
if lie should want it, as he had so liberally returned
him 10s. in a former year.—(Cries of " No, no.")
Mr. COKE would now propose Mr. Fison's health,
and prosperity to the manufacturers, as to the im-
provement of which he knew Mr. Fison could give
them some inplligenee. •
Mr. FISON was happy to confirm the statement,
that the manufacturers were in an improved state;
indeed, he did not know a single exception; but the
continuance of that improvement must depend upon
the continuance of a low price for the raw material.
Ewe wool was certaintly in a very low state; but
when the present glut was worked up, he believed
that if agriculturists would turn their attention to
the growth of a different wool for combing, they
would Obtain a higher price. Till then he did not
see any chance.
Mr. COKE believed that what Mr. Fison had said
about a glut, like that of corn a few years ago, was
perfectly true. He believed that the agriculturists
were in as depressed a state as the manufacturers,
but be was not one of those who were alarmed.
The Ministers of the day were not exactly the men
he could have wished; but if they acted, as be hoped
they would, very differently from the system of many
years past, be would give them his support. At
present he had not given a vote to Government.
yard, but was selling fine Saxony
Mr. WALLER said,
cloths at 14s. a he could supply good English
cloths at 305., and was charged more for them in
proportion than for the last seven years. nut he
would send Mr. Fison a coat of each, if he pleased,
and let him say next year which wore best.
We did not hear of any sales of wool but that or
Mr. Coke.