Waterbury evening Democrat., 1888-07-11
Consumption Of Wool.
MT Mills Sticks to His Formel
 Estimate.
SAYS IT MAY RE EVEN TOO SMALL
Senator Hoar Condemns the Fisherier Treaty as Being Wrong in Each an" Every Particular-Haumeri at the Tariff in the House.

Tariff in the House.
 WASHINGTON, July 11.-Congressman Mills, replying 10 newspaper criticisms and pub lShed refutations of the statement enlbo lied in his New York speech that the annua consumption of wool ill this country aggre- gates 60O, coo, 900 pounds, reiterates the state ment, reinforced with the authorities and data upon which this estimate was based. He goes even further, aIN says that this was a moderate estimate, and that be would be justified in placing the annual consumption of wool ill this country at higher figure, perhaps 25, 900, GOO more
 In his speech in New York Mir. Mills says he merely repeated what was tersely stated in his report chairman of the ways ard means committee, when the tariff bill was first reported to the house. In that report the ma jority said:
 "The duty on wool now prevents nearly all the better classes of wool from coming into this country; the domestic production sup plies only about ono-haN of the amount re- Quired for home consumption. The sIatjSti- clan of the agricultural department puts the domestic product for the year 1SS1 at 2G0,- O0O, 900 pounds. Others place 1t higher, but none at more than half the annual consump- tion of our peop!N It requires about 600,- GOO, 900 pounds of wool and other tibers man ufactured with it, which are now paying duty, to supply the annual demands of home consumption"
 For his estimate of home production he had Statistican Dodges estimate of 265, GOO, ,000 pounds and other authorities placing it at much higher tigure-the highest estimate that of James Lynch, wool broker of New York, who ill his annual circular placed it at 3SS, ,OO0, 900 pounds. Striking an average be- tween these varying estimates, MT. Mills took 800, 900, 600 pounds moderate and safe estimate of home production. His estimate of 3OO, ,0OO, 600 pounds annual consumption of foreign wool was obtained by adding to the 1l4 COG, GOO pounds Of raw wool imported in 1884, as shown by treasury department re- ports, a very moderate estimate of the num- Der of pounds of wool in the S44, ,0O0, GOO worth of woolen goods imported i'll the year. On this point Mir. Mills says
 I've imported last year l14, 404, IFS pounds of raw wool. We also imported $44, ,235. .243 worth of worSted and wooden manufactures. The labor cost of wooden manufactures in the United States, given by the census of 1SSO was It 1-l0 per cent; of worsted manu- facuures, 16 9-l0 per cent. of total cost. AL lowing + per cent. of the S44, 235, 26S of i'm ported wOoeu and wOrSted goods to be labor cost, and ueductlug that amount SI,oOO, ,OOO) leaves S36 I35, ,243 To represent all other cost.
 
 costs, the sum of $50, 900 is left to cover cost of wool The average cost per pound of wool imported during the fiscal year 1887 | was II 3-lU cents, so at that price S3O, ,0O0, | 600 would buy 209, GOO, GOO pounds, "Over two-thirds of the wool imported l were carpet wools, at an average price of 12 | cents per pound, and at that price $50, 900 900 would buy 250,O0O,000 pounds. Out of the | entire imports of carpet wools three-fourthS
 
 1 rate $30,0OO00O would buy 800, ,000 GOO | pounds. Mir. F. A. Herwig, of Philadelphia, | workman well informed in everything per l taining to wOOlen manufactures estimates l that the raw wool i'll the grease required to l make the goods imported last year, valued at ! $44, 600, OOO, exceeded POO. 00O, GOO pounds II therefore think that it is a reasonably | fair estimate to say our people consume at 1 least 800, ,0OO, 900 pounds of foreign wool in addition to the 800, ,OOO, 900 pounds of domestic 1 production. Our exports of wool and woolen 1 goods amount to little The estimates I have | made leave out of consideration the large l frauds constantly complained of in the i'm | portation of wooIen goods, caused by under ! weighing under measuring and under valu- l ing. Six hundred million pounds is fair estimate, under, rather than over the mark In 1880, very prosperous year, we imported ! l2S000. .0O0 pounds of raw wool and S57 900, GOO worth of manufactured product The consumption by our people that year was much over 800 LOO, 900 pounds of foreign wool ill the grease.