The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1867-01-30

The cot Of produllien sin 6lhsej ~ =
een.ot s. suppssel ~ s aleos, Of "a -
No. = prics g s. pgpllen visAess
| q 1ttiie - N equivalsatl nasaace u -
pstoeof n ethees.
fxish - b. p1elstosd 1T I vsnt 70
|peGtoct - WOOL. 6Foveop. 1waAt toYeokese
|fhsI 7 ~ IN enoemcas advance upsatAe
nscegnaEiss of life; against IN incrsase OF
twS6yv0 q thirty per cent. in the cost OF
Ill 81 NUir agricultural implements; against
an incxonW in the clothing they wees, the
food thy ~, Ne bo0As tA1y re1d. WOMB
not advise or stimulate Il eeald the Reople
Of my State, under the tt1nuIas Of = Aigh
| dntr. n xnsh into attempts y produce WOOL
On large scale, which cannOs b Of sdsans-
astrous TO fAsn. Frtn the time d the
mert, no ustiun, people, o. community that
devoted fAeir energies principally 70 tbs
husbandry Of hocks ever became rich or
powerful. Prpvidsnee has created certain
regions on this continent, ONE would
|al1sost think, with . special refers
enee 10 this kind Of husbaadsy, fsnd
planted there both the shepherds
and the sheep. When the Pacific railroad
shall Be pashed alittle further 70 the South
west, the WOOL Of Santa Fe viii drive many
large wool-growers in this country from this
avocakicn.
admit that the agriculturit who DIVERSE
fes his labor and his productions, the farmer
with his filteen horses, he forty oGItle, his
fifty swias, and one hundred head of sheep is
bencfactor, end should be encouraged. Let
as ses how tina bill encourages him. His one
hundred head of sheep will furnish him two
hundred and city pounds At wool, which will
be increased in value BY the passage OF this
bill, if il does what lis most ardent friends
claim for Il, fifteen cents pound or $42 90
on his clip. But in order to secure this, he
must consent 10 be taxed six cents = bushel
on the salt that he feeds to his sheep and
with which he cures his meat and seasons his
food he must agree to an additional tax upon
the plows. harrows, shovels, hoes, reapers,
with which he cultivates his crops, and the
engine that drags his products to market,
upon his clothing, the household utensils used
in preparing his food, and the table cutlery
with which he eats il would be pleased to
know where the net profit on the one hundred
head of sheep would be found in this transac
ton; And If that would be small, where
would the equally deserving farmer who was
moi the owner of sheep find compensation
for the additional taxation put upon him by
this bill. And let it be remembered that those
who raise wool are only as one in . thousand
by the side of those who consume it. But
the truth ia, this bill will not cause any per-
manent and reliable advance in the price OF
wool. There may be sort of spasmodic rise
brought about for the benefit Of the specn-
lasots holding l.'gs quantities Of I. but !.
manufucturer BY placing the consumer CONS
II - k.noa-a Nnva~ ~
sheep more completely shorn than the wool
growers have been in the nice little combina.
ton they entered into with the manufacturers
to increase the price Of wearing apparel and
blankets on the consumer.
Why, ask, ia SO high duty placed upon
the wool of Cotswold, Leicestershire, and
other long woo]ed sheep which are not pro-
duced in this country 10 any appreciable ex-
tent? believe We have at this time CAPT
tai amounting to between FIVE and eight mil
lion dollars invested in the worsted business.
This wool is used solely for that purpose. The
effect of this bill will be to root up and de-
stroy that entire worsted business to the ad-
vantage of nobody in this country so far as I
can learn, but to the great detriment Of every
body who uses the worsted fabrics by greatly
increasing the price Of them.
But the iron makers insist that they are in
distress and must be relieved. 1t was for
their benefit in the first instance that this
bill was proposed. do not profess to be
as well informed upon the subject of
iron manufacture rs some others
or perhaps as / ought to be, but
so far as my observations and inquiries hare
extended, am convinced that every iron es-
Enlistment in the country, properle located
and economically conducted, is yielding reas-
enable profits to its owners, and some Of them
yeild enormous profits. By ''reasonabl pro-
fits mean what is considered by men en-
gagged in other legitimate business to be fir
returns for their capital invested
The present duties on the leading descrip-
ii ons of iron are:
Per cent.