Weekly national intelligencer., 1848-10-21
49, hsNet eesJs
SAM. LAWRENCE.
Moonr's sALr-wonKs, Jrrrrnsos Co., ONO.

MooRE's SALT-woRKs JEFFERSON Co, OHro.
DEAN SIR hope will be offensive you in find
ing addressing you with whom you have no acquaintance
desire some information in reference TO the wool Market and
can think OF person present whose opinions would be
entitled consideration than yours only the
present value but the prospective value years
In 1910 purchased hundred native with these
and their progeny have bred from the best merno bucks
could procure. My present stock is say twelve hundred
few Of the original stock still living Taking my whole lot
together is oeraby nice WOOL Last year brought twenty
nine cash this year sold twenty and baf
But the purchaser could not raise the cash, and did
choose 10 let him have it, -, Of Steubenvle offered
twenty cash declined taking it, II is understood that
you purchasing wool this what does this
mean Will the article advance this winter The Wash
ington county wool is oil hand and be got without
advanced prices Is the supply too large for the demand
II 80, win the market sink still lower every subsequent
year Would be advisable abandon the business once
will be pleased 70 have your views large on the subject
If wool is destined to range with this years prices can do
much better with my lands than pastung sheep But lack
foresight feel discouraged in the business have heard
say they could raise wool at twenty-five Tbose
believing this may do | cannot and will not.
Yours, truly, X. g.
Mr.. SAMUEL LAWRENCE.
LOWELL, SEPTEMBER 26, Is4S.
Mr. DEAR SIR Your highly valued favor Of the 10th
hand and beg TO you that have much pleasure in
replying your queries and in giving you such information
relating the great branches Of national industry which
both engaged in my power The reasons for the
great depression in the wooen manufacture Of this country
obvious short crop Of food in ls46, in Great Britain
caused famine in ls47, and greater commercial crisis than
has been for fly years the other side Of the water This
caused very large expectation Of manufactured this
country, they could not be consumed at home Then
came the last winter and spring the political and financial
troubles the Continent with similar effects consump
ton and exports to this country For the last eighteen
months this country has been inundated ch foreign fabrics
not one quarter Of toch needed for comfort rv
The quantity OF French and German broadcohs sold New
York ne present year perfectly enormous and would
the wooLgowers were they possessed OF the facts These
goods have been sold generally at great sacrifices which fell
on the creditors OF the makers and shippers who had become
bankrupt Our own manufacturers have suffered severely by
the great fall Of goods prices Of which were never so low s
this time Our own stock Of goods was so large that we
stopped portion Of works. and DISCHARGED over thou
sand hands.
This kind Of thing ITSELF and my belief Is firm that
another year will show greatly improved state Of tbnqs
Whether wool will advance in price the coming winter or not
is beyond my judgment but have doubt will be hiqber
within year The supply Of domestic wool not above Inc
machinery. The clip OF ls47 entirely worked up Do
not for moment entertain the idea OF abandoning the bus
instead Of which make preparations TO go increasing
All the old and new machinery will be in full operation within
wouId be about for send horses 10
Europe to be shod depend upon mportatous Of
woollen goods depends upon the wool growers Of this
country how far the business Of bricang shall be carried
give us the wool at German prices and shall supply
ourselves.
The woolen manufacturer Is in relative position to the
ool-grower as the miller is to the wheagrower. The
amount invested in sheep farms and sheep in this country