New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-10-06
saD9,7Ss

Dress RoOds 4l96233I
The above figures 1t must be remembered represent
the foreign valuation expressed in gold In compar
ing the value Of wooden goods Imported with the est
that valuation the customs duties, the premium on gold
value first hands fully double the amount OF
foreign valuation II now to N76,UO,0D, the
ssssISsis for the sales Of Imported wcolons in
first hands, the result is $239S95o Thus it appears
threequsrters OF the whole. Notwithstanding the un.
questionable and the generally acknowledged excellence
OF our wool manufacturers fact which this exhibition
fully demonstrates-those manufactures still suffer- more
Which are alike founded preferences for fabrics Of
foreign origin has very naturally come down from the
time very distant when domestic products were
generally inferior. OF those who habituay insist
upon buying the foreign article. some are honestly ig
norant They are not aware Of any improvement in
American manufactures With Others it is the
apng of q senseess fashion. But the delusion could
not long kept up 1t not for the interest Of the
dealer to sustain il. 1t is easy for him 70 make a
larger profit the imported article from the fact that
instances the temptation is SO strong that TRUTH honesty
aud patriotism make their appeal in vain Not only are
American productions systematically dlsparsged put IN
multitude Of instances these very productions are
labeled French, English or German The extent to
which this imposition is carried known only TO those
who let into the secret There are, probably very
few Of who have not thus been taken in And what
inclined to regret the most melancholy thing OF
ALL is the unQuestoDed fact that some OF the anufac
suppose the process by which such bargain Is
contaminated to be somewhat as follows: manu-
fpeduca fabric not before made here he nGs the
market however fully supplied with the foreign article
know that the introduction Of the product must
Lessen their chance for high profits Between him and
enterprise falls stands class of men whose interest II s
sell foreign rather than domestic goods The result Is
goods but cannot sell them as American GIVE them
i0s2 a oS n. st you The poor
facturer, seeing alternative closes the unhaowed bar
gam "a Sos noSg toward Correcting those mis-
taken ideas IN regard 70 the inferorty OF American TAB
eeat and respectable body OF American manufacturers
that there those among them who have no need TO
stances would the thought IL silent but eo-
1uen ebuke 10 those dealers IN such fabrics who TO pro-
mote their selfish aims, wont to decry and de-
ride everything that Is homemade. And, nnaly u APP
candid when they buy they not be patriotic
1t has been through long series OF diicutes ana as
that our wool have attained
10 their present advanced condition Not the least Of
these impediments has been yascating tariff In this
sisndIy sometimes decidedly hostile The tariff Of 1916,
which imposed upon wool higher rate Of duty than
sE sGer its 6anefa operation the growing Of wool re-
manned almost stationary, ana many OF the largest
THE PRESENT DEPRESSION IN THE WOOL BUSINESS
From peculiar causes not likely again. there
IA considerable depression in the wool business at the
present time The scarcity Of cotton which caused
Inv the war created extraordinary demand for wooden
fabrics which came largely INTO use where cotton had
the immense demand for army clothing was greatly u
@ " name but n ali those countries where these
are pursued Under these Impulses the wool
ability OF the country was increased with
rapidly and TO extent wholly unknown before Cot,
Ton nills were converted into wooden mills ana new
sstshshmepts sprang up II by magic IN many parts
Of the United saes And now we behold the natural,
" nroduetion which IL largely ahead OF the demand
Though the machinery In operation was no more tnsn
the i, peranye necessities OF war required IL ir OK
nsds ne normal demand IN time OF peace Tho condl-
on ~ our wool Industry in 1865 as compared with the
wears 1850 and 1860 Is shown by the following taOuar
statement: - .o .os
ItenG iSSv.a a. Ss'Vy0Sia 20 IN oaa
% ~ .oo Isortsd Sl69l69l stSs2i1 $5slSAs
vsss % soo Manufactures Imported 1sioSs SsS Ss0S dS
vss sfdousstc WOOL nglIctsTes f3zsl4 too9oS LyV"