The Middlebury register. [volume] (Middlebury, Vt.) 1850-1882, 1872-07-30


individual substance. Hence, TO be Of
value, it must come in contact with those
substances which effect separation Of
the chemical elements which compose it I;
any decomposing vegetable matter in a
soil will afford these. If they are absent
in soil or an atmosphere, plaster is of
little value but we believe they are sell
dom absent, and if supposed to be, a
crop of field peas or clovor turned under
will soon give food for the plaster to work
upon.
TuE Wool MARKET. Among other
statements intended to press down the
price of wool, Boston Circular cites the
modification of the tariff by which the
duty is reduced ten per cent, as affecting
prices five cents per pound"-implying,
if not directly asserting, that growers
must take five cents less per pound than
if the tariff had been let alone.
This deception should be explained
and exposed. The reduction of the duty
is ten per cent. on the previous ratc-that
is on the ten or twelve cents per pound
hitherto imposed and is therefore equal
to one and u quarter cents per pound on
the wool itself, and not ivo cents as rep
resented in the Boston Circular. To say
that the tariff on wool is reduced ten
per cent" may convey to those not
familiar with the subject the impression
that the value Of their wool is reduced
ten per cent, but such is not the case, and
it is neither reputable nor honest use of
language to refer to the tariff with the
express intention of conveying this idea.
The Commercial and Financial Chron-
icle says it appears that the clip 10 the
Northwest is like y to come in late this
season, mainly owing to the backward
spring. AS to amount, it may not ex.
coed, if it does not fall below, that of last
year ln Wisconsin, the hucks are not
as large as at this time last year, and in
Michigan there is an estimated falling of
Of at least ten per cent. There had been
no general effort to keep up and increase
tn focks, while the drouth last fall iu.
ured the pastures, compelled early feed.
lug, and Induced many farmers to reduce
their docks to save fodder The advance
in the price Of wool came too late to save
the sheep or to stimulate production &C
there seems ito BE- good grounds for the
belief that tho clip of the Northwest vii
be somewhat, aud possibly considerable,
less this year than last" In Ohio. it il
said, 1.-THE condition of affairs is reported
to be much the same. Nor is there an,
good reason for believing there will b,
any considerable increase of production
in New York or the New Eug and States
In West Virginia, Kentucky, Tennessee
Missouri, Kansas aud Iowa, however, tn
clip is likely to be in excess of last year
though not sufficient to Offset the deficieuc
reported elsewhere, while the productio
of Illinois. Indiana Wisconsin, Minnesot
and other States is so small as not t
affect the supply materially
This it will be remembered is fror
the commercial side of the question an
when it is considered that the sam
apathy and Indifference in regard to wool
growing, owing to long period Of 10,
prices, has generally prevailed in a
wool-growing countries, it will be see
that there can be no good ground or res
son for the great aud persistent effoI
now going on to bear the wool market.
To the above we may add calculatio
given in the U. S. Economist of Jul
18th, founded on the sell:eviden. stat,
ment that domestic wool will not 90 b.
low the price that The foreign substitu,
can be laid down here at" 1t is III
necessary non-commercal readers to ri,
y all the details Of commissions, freight, il
surance duties, premium on gold, &c
z but it is shown, That the cost of Pc
: Philip wool at current London rates
J l6d. per pound in that market; 2 Tha
0 under the new tariff this same wool cos
81 40 cts. per pound in store at Ne
York 3. That under the abatement
j tariff, on wool so imported, which g
Il into effect Oct. LIST, this wool will co
C after that date GO cents pound in Ne'
Y ork 1. That allowing for the prefe
nee that exists among manufacturers f
domestic wool, this is equivalent to !
cents pound in New York Tor Oh
fleece, losing .46 per cent. in scouriu
and ~ cents pound for Michigan aeec
&c losing As per cent, that is for wool
II dealers piles excluding all unmerchar
it able feeces and, lastly, allowing 10 P
L cent for freight commissions, aud loss
ID understandable heeces, that these igur
i. are equal to value for domestic wool,
'e the country, of 62 to 65 cents pouu'
Il ut is useless for our manufacturers
a. expect domestic woods at lower fguI
So than these. - Country Gent.