Daily Davenport Democrat., 1866-01-02
pALJY DEMOCRAT

DAILY DEMOCRAT !.
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Weei 0rswise. eaA llae.A.se.
-hs -s..s .ofanG., III T j, tss
Ass lasys nssslng Il wosl srswars asd
wssisn- nsnuAstirsrs held 4 Syr4suss.
New Yeek, 60 day less we'd, ths Ssllev-
iss rssolstisns vsss aAeptsd:
1. RSsslssA That. Of ths gysae industries
With which shs psspls ~ The Usitsd States
an eeeupy themselves b advantags, the
wssleu inlsssst 10 especially eomnsoded for
combining asd developing IN the highest
dsgPss the agsicultnral end mechanical ~
oources OF the nation.
II. Rsstse4 Thst The uutuality Of the
interests a The wool pfsduesss asd WOOL
mansfaetursru Of che United States 10 estab
lished BY the closest Of commercial bonds
that Of demand and supply-it hav,ng
beea demonstrated that the grower supplies
more than 20 per cent. Of Ill wool consumed
BY American millers, and with equal en-
couragenent would soon supply all which
10 popularity adapted to production here
And further, it 10 confirmed BY the expert
ence Of half century, that the periods Of
prssperity and depression in the two
branches Of woolen industry have been
identical in time, and induced by the same
general causes.
III. RAsolssd, That o. the two branches
Of agricultural and manufacturing industry
repre- scented BY the wooden interest involved
largely the labor Of the country whose pro-
ductivensss 10 the basis Of National prosper
ity, sour. policy requires such legislative
action u. Z oil plscs them on an equal foot
ing. and give them equal encouragement
and protection 10 competing with the accu-
mulatsd capital and low wages Of other
countries.
Nv. Rssolsed, That the benefit Of
truly national system. % applied to Aneri-
con industry, will be found in developing
manufacturing and agricultural enterprise
in oil the States, thus furnishing markets ct
home for the products Of both interests %
v. Resolped, That It she'll be the duty
OF the respective Executive Committees Of
the National Manufacturers and National
Wool 0rowers' Assoeiational, to lay before
the Revenue Commission, and the appro>
pirate Committees in Congress, these reso
lutions, together with such other facts and
statistics ~ shall be necessary to procure
the Legislation needed to put in operation
tho proportions therein sst forth.
At the same meeting, Geo. B. Loring.
President Of the New England Wool Grow.
ers' Association. read . paper, Of which the
following is an abstract:
II suppose this Convention Of WOOL
manufacturers and Wool-growers is called
for the purpose Of devising some plan Of
Government protection, which should be Of
equal advantage TO both Of these great
branches Of industry. That both are enti
tied to protection no man will deny, and
neither is entitled to il at the expense Of the
other. propose 70 review briefly the wool
trade AID wool tariffs for the past few
years
Turn our eyes abroad, and we shall find
that wherever wool wool manufacturers
have flourished they have been protected,
and wherever they have been protected
they have fiourished. Since the days Of
Edward III, England has pursued this pol.
icy, and has enriched while shehas clothed
her people by means Of her Hocks. For
centuries she made every thing bend to that
interest. France learned the policy under
Napoleon. Germany and Austria, by du-
ties almost probibitve, have elevated their
n anufactOries to the front rank SO Of
Sweden, and Of Russia. We have an &C
tive, intelligent people struggling against =
fitful tariff to develop the same industries.
The tariff Of '32, by which wool valred at
less than eight cents, was free of duty, and
oil wools Of higher value paid 40 cents per
pound. At the same time cheap woolen
fabrics, such as were largely used on South
ern plantations, were admitted at duty OF
only five per cent. We can understand
that policy now, but ought not to repeal
it,
The tariff Of 1912 imposed duty Of five
per cent on all wool costing less than seven
cents per pound-3O per cent. and three
cents pound on all above that sum, but
had hardly begun to work ~ny cncfit, when
it was changed. sacrificing both growers
and workers. The tariff Of 1857 found our
clip Of wool, under these influences, reduc-
ed from 81, 100000 pounds, and ourselves
almost entirely at the mercy Of foreign pro-
ducers. The tariff of 1861, with the ad-
denda Of 1862 ga and 1866, has somewhat
restored the relations which should exist
between the producer and consumer, and
promise to open new era Of stability and
prosperity to both classes. American mar
kets should be the best for American woods
At the same time, every section should be
equally cared for. Tho present system is
beneficial, as is shown by the production.
In 1860 we raised 9,264, ,9l3 pounds, and
in 1864, 10000, 900, which was not suite
~ e. \
10000, 900 pounds besides, chiefly cheaper
grades. This interest deserves the foster
ing care Of our Government Great Britain
in times past has forbidden the expectation
Of wool the exr ort Of sheep was prohibit
ed; her own cloths were prescribed as the
proper costume for public occasions, and in
other ways stimulated her wool product
until it reached 25O. 900, 900 pounds OH her
little island alone.
The vitality Of England is now drawn
from aboard. We desire to see no Lords
Of the mills as q ruling class in this coun
try, but the interest Of the wool grower
should be considered as well rs the manu-
ufactufer. Our domestic industry is now
stimulated by redundant currency, snd
controlled wholly by the home market
High prices Of labor, the price Of gold, end
speculation give unusual value to our man.
ufactures. Wool enjoys none Of this advan
tage; it has followed the price Of gold.-
Donskoi is IL cents. Buenos Ayes 8 cents,
and Cape washed At 1T cents in the Eng
lish market, which, even with exchange and
low tariffs Of 8 and cents per pound,
stands seriously lower than the price Of our
own wool. Under the tariff of 1912 wool
averaged 46 cents pound, and in 1863
only an average Of ~ cents, notwithstand-
ing the price Of gold. The gold policy Of
Secretary McC.lloch in not permitting gold
to find its natural market value is Altogether
in favor Of the importers. He received
an advance Of one to two hundred per cent.
for his goods, which, after exchange and
dnties are paid, still has . profit Of 80 per
cont h>aida seoxanA;a~ A. >~.,a.A oc 49,.