Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1837-09-08
From the Rutland Herald.
New YoRK, Aup.2,

New YoRK, Aug.2, 1887.
SfR.-In your paper of 25th ut. which
contains my advertisement addressed TO
Wool Growers" noticed communlca.
ton. signed "Otsego." with your editorial
remarks thereon.
The reasonlngs and advice Of "Otsego"
are good so far as they 60, but he oInls
some points 10 his reasonlngs. which,if duly
considered, might change, or at least mod,
fy his advice to Wool growers. III was
to Judge the motive of the writer by his
communication, should say "Olsego" is a
large holder of Wool, who wishes to create
an Impression in favor Of a high price in
The Fall, and yet. to embrace the earliest
favorable opportunity to sell on, himself.
Those Intimately acquainted with the
course European trade are aware, that
Wool has already declined in England IS
TO 80 per cent in value, and they conclude
hat what has happened before under the
same circumstances, will happen again -
VIZ. that European Manufacturers will be-
come overstockeI with goods which in
consequence of the low prices Of Wool
and the cheapness Of labor there, can be
afforded at very cheap rates. These goods
will be purchased by those in the trade
who still have capital or credit in Europe,
and brought to this Market to compete
with American Manufacturers. and if mt
purchased by such persons they will be
shipped to this country by the Manufacur
crs themselves, and forced into The market
a, such prices as they will bring, to the
exclusion of American goods, and greatly
=. IS 4
rers.
The consumption Of goods must also b.
much diminished through the diminished
resources of the public to buy them, I'M
less the price is also reduced 10 CORES
pond with their diminished resources.
There is already large stock of wool
on hand, or the old and present crop, and
more than can be worked for the remain
der Of the year if all The factories should
60 into immediate operation, and It can,
not be supposed that two thirds Of them
will do so for a year to come. The stock
Of wool will therefore be constantly in.
creasing, and by holding on for high
price now, when it has declined abroad
larger lmportatIons than usual will take
place. and The price be kept down for a
longer period than it would if the farmers
should come forward and meet the market
ty selling. and on the contrary by meeting
he market now. and shutting out lmpor
ta'ion as fast as possible, the stock vii
diminish and the value OF the crop Of mex
year will be greatly increased; and, the
resuscltation Of all our manufactures made
much more certain and speedy. And or
the other hand again, holding the price Of
The raw material 100 high for our manuiac
tur"rs compete with foreigners, will tend
TO divert capital from that branch Of bust
ness aud restore foreigners TO all the ad.
vantages which they formerly possessed to
the great injury of American Agricultural
and manufacturing industry, | can give
twenty other good reasons whv the farm
ers should not hold out for higher prices
al present than the state Of things will ad
nit. but deem those already given suf
ticlent.
Growers and Manufacturers have no op
poslle interest. on the contrary It may bt
seen from what have said above that the,
have the strongest inducement to assist
and support each other.
am not interested one dollar in either
wool or manufactures beyond a commits
sion on such sales as may make, but IN,
advice to farmers Is. TO sell all their WOO
this fall and early in the spring at the high
est price they can get, and 60 on increas
ing their crop. until by their joint efforts
with manufacturers foreign competition
is shut out from our markets.
hope to commence my public sales b,
the first of October and refer your read
ers TO my advertisement.
Respectfully, your obi. servant.
JOHN A. PARKER.
PoppY SEED OIL.--Thc following com
| NM 100 i'm M q mi ado IN NJ Nina, Of n.