The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1888-09-12

virtually wears of on the sleeps back,
leaving nothing but the stiff, coarse,
tiattened and uneven hair for wool.
These are the natural conditions of the
country which tend to make our wool the
quality that il is, and nothing but the
will OF Providence, by miraculous execu-
ton, could change the condition OF
things for the betterment Of the wool in
! dustry of America.
an conclusion I would say that do
not think that wool could be raised profit
ably for any less money than it is to-day,
and candidly think that the outlook is
favorable. This being presidential year,
all business is dull-this being the case in
all presidential years. Wool has huctu-
ated during Mr.. Cleveland's administra-
ton, Just as it has during every other adj
minlstration, and | cannot see where he
has injured the industry in the least. |
know / expect to remain in the wool
business, regardless of who is elected
president and ! am quite sure will
handle just rs much wool, If not more, on
| account OF the growing business, with as
good profit as ! ever did before"
They who vote for protection on wool
vote for the privilege OF continuing TO
wear American shoddy bear IN mind, is
the statement OF one who has devoted fiji
ness, who has thousands OF dollars in
vested in warehouse in Denver and owns
large flock OF graded sheep on his ranch,
all of which will be wiped outof existence
with Cleveland's re-election-so say the
Jay-Gould- public-be-d--d-D epew- Carnegie
monopoly press.
f. f. Snow, OF the Denver wool scour-
ing works and warehouse, the largest con-
Germ OF the kind in the state and heavy
factor in the wool industry, said:
while the wool business is not what
might be termed rushing, we have about
all we can handle and take care OF.
Glow does the business this year com
pare with that of 1897" was asked.
"Well, we had no market at all last
year, and about twelve million pounds of
wool were shipped to the eastern markets
and sold for 10 cents pound. THIS year
every pound is sold right at home for
from l3 to ID cents a pound, which is a
very 1attering difference in the price, to
say nothing of the saving on the freights."
lis the wool industry Increasing or is it
on the decline?"
Increasing, sir, by very large ma
! iority. There never has been any actual
decrease in the state only from natural
commercial causes. On the other hand |
have noticed the increase from year TO
year, right along. l can tell this very
easily by buying the same mans clip from
year to year.
This was an unprecedented year for
lambs, which would indicate bright out
look for the future"
what is your opinion of the Mills
bill p was asked. After some hestancy,
Mr.. Snow said:
''In my business I do not care to dis
cuss politics or probable or possible polit-
ical futures"
Throwing politics entirely out of the
question, do you think that the putting of
foreign wool on the free list would be
detrimental TO your business: that it
would be damaging blow to the home
| industry?' was asked.
Not in the least; 1 do not think that
free wool would affect me or any other
man engaged in the wool industry in this
country, unless it would be for our better
ment."
"Will you please state your reasons ~
well. there will be more competition,
which will naturally improve prices.
| Foreign wool is OF a better quality and
! once the general demand is made for it 1t
| will bring native wool up with il. Th re
is always a market for our grade OF wool,
| so / think there could be no danger Of
! being crowded out Some merchants may
! discount it. but do not think it will hurt
anybody II 1t becomes law. But, as
! said before, do not care to take any
stand on the political situation. What l
have said is with the candor OF my sober
! Judgment viewing the situation from an
| unprecedented standpoint"
! Mr.. Snow has spent thousands OF dollars
! IN building huge warehouse to store
WOOL Since the presidents message and
| the introduction of the Mills bill he in
vested many more thousand dollars to
| build ana purchase machinery for wool
| securing factory which secured 5000 900
pounds OF wool this year. Mr.. Snow has
| devoted his business life to the wool
| trade and expects to continue the same
with free wool.
Mr.. H. Halthousen of Colorado Springs.
| the largest wool dealer, and who hand les
! six times as much wool as any dealer in
the state of Colorado, was next seen. The
! gentleman is protectionist in his speech,
but he did not force very strong argu-
ment against free wool. He said:
Free 1Cool l0o1sld mean that the 1ianufac-
t,,rer lCould be benefited, but | cannot see
where the consumer is going to receive
any benefit. l am not wool-grower;
simply buy and sell the product. think
! the idea of free wool is inconsistent, but /
| can buy and sell lUOoJ Whether are hare free
| trade or protection. l ship wool 10 eastern
markets, principally TO Boston, the largest
wool market in the country, and to Phila-
delphia."
Speaking of foreign wool, the gentleman
| continued: ''There is one thing
! about foreign wool sent to America that
that the American grower could copy with
| profit. Only the heart of the fleece is
sent to our shores. l mean by that that
the belly and skirts wool, which is in
! ferior to that on the back OF the animal
/ is kept at home. Thus they only pay
freight and duty on a high grade of wool"
Notwithstanding that Mr.. Halthousen
! is an old time bloody shirt republican, he
! freely admits that free wool
be benefited" and although he thinks free
wool inconsistent" he can buy and sell
wool whether we have free trade lin wool)
| or protection" Or course he knows, as a
business man, that there will be as much
wool grown and the market will be as
! good, if not better, with wool on the free
| list as on the tax schedule.
] am informed by reliable and extern
sive wool dealer that Mr.. Halthousen pur-
chased 100000 pounds of wool when the
Mills bill was pending, which he held till
till its passage, when wool took an upward
turn of to cents, and that he realized q
small fortune from this deal. There was
a sympathetic leaning" OF the market by
wool dealers pending the passage of the
Mills bill. They issued weekly circular