Fort Worth weekly gazette. [volume] (Fort Worth, Tex.) 1882-1891, 1888-02-10

from 1855 TO 1877 the average was. 50 cents
From 1875 TO 1897 the average was. 5O.S cents
As large an importation Of wool as
this country has ever made was under
| the maximum tariff, in 1880 when it was
over l2S, 100000 pounds.
Wool growers ssy the reduction in the
tariff in 1883 ruined the industry. We
have shown how much per pound the re-
duction amounted to, and would remark
that our wool business must be d very
tender plant to be ruined by such light
frost. But how this reduction could have
ruined sthe interest seems very mysteri-
Gus in the light of the fact thst cur impor-
tations in 1884 and 1885 were $4,000, 900
and 10000, 900 pounds, respectively. So
the tariff neither keeps foreigR wool out
nor makes high prices. What thu dickens
ais this tariff business, anyhow
THE WOOL TARIFF OF 1867.
Mr.. f. W. Highly Of Charlotte, Mich,
writes to the Detroit Free Press as fpl-
lows: sysl
1t would be well for the little ssS6ciss
lions of wool men to pause and coHaider
the facts before committing themselves 10
resolutions in favor of the. tari7 OF 1867
and condemnstory of the positi6n taksn
by President Cleveland ins his admirable
message. The opinions 81 IEell known
high tariff advocates OF theefeet or that
tariff upon the price CT wool may be
worthy Of consideration. call their at
tention to few of them:
domestic woods have gone down in
price from the time The Morrill, tarid Was
enacted until to-day. - Senator Frye of
Msine, in 1883.
"In 1867 the price of wool was 81 cents; |
in 1870 IS cents; in 1880, which was ah-
normal year, cents; but TODAY am told /
these woods sell from SO TO 40 cents per |
pound. So the result OF the policy Of !
protecting the wool-grower has been-as |
it is in ell lndustries-to gradually re-
duce the price. Under the operation. of
the existing law (the tariff of 1860 the
price of wool has gradually gone down"
Il Senator Sherman Of Ohio in Senste,
1883.
To-day wool is cheaper, pound for
pound, and has been for the past five
years, than it WAS from 1856 to $50 under
the free rating Of the Free Trade party"
document Republican State Commit
tee of Michigan, in 1883
1.-THE tariff of 1867 has steadily year
1y year reduced the price of wool"
-[Ohio Wool Growers Association,
"The price OF wool has steadily re-
;eded from 81 cents in 1867 to AZ cents"
SIS. 'O'1'''H'
"The price of wool from 1915 to 1860,
IL der low tariff, was to the grower 46R
vents, while to-day, under the tariff Of
s67, 1t is less than 80 cents ~ National
Tool Association, 1883.
1.-THE average price OF medium wool in
Boston for thirty-ave years before the war
Ind under low tariff was nearly 49
,ents. The average price Of the same
WOOL for fifteen years under the tariff
If 1S67-except for 1871 and IS72-Nss
NV. G MSrkh.m, rep
esentatiye of National Wool Association,
leiore Tariff Commission, 1888.
ain 1867 the price of wool was 81 cents
yer pound" "There has been q steady
until now it is so low as to be
Improbable u Republic
an members ways and means committee
House of Representatives, Washington,
SS6.s
Two years after the passage Of the wool
6fi1 of 1867 representatives OF wool
powers from Californis to New England
lcs III NCn 1OIbS ouu nlISE q lOuS Gull
erence with manufacturers agreed to a
5 per cent. reduction of the duty on
WOOL. (
The President Of the National Wool J
association, member Of the tSrlf COM 1
mission, agreed to the reduction made in A
$50. {
The tariff Of 1867, although double
hat Of any wool tariff which found per-
nanent place on our statutes for the drst
eVentY-fiVe years of our history, no.
My failed to advance the price current
t the time Of its passage, but sigually
allied to maintain that price. And to-
sy, twenty years after its passage, with G
oreign clothing wool still paying dry on
aw, washed and secured wool of 81, Ip8
nd 162 per cent, American WOO
8 relatively cheaper than foreignT
7ool imp orted free eff duty, and stlesst
8 snd probably 20 cents per Pound
heaper than it was from 1856 to 1861,
nder nearly free trade in wool. sDo ,
armeTs want more Of It. !