, 1890-10-09
FLUTTER IN ENGLAND.
Effect of the Passage Of the
Mckinley Bill.
ENGLISH WOROTED INDUSTRY
British Manufacturers Arranging
tor Removal to the United
States.

BRADFoRD, England, Sept. 16.--
The worsted industry of this dis
trict is just now ia n hutter of ex
element, caused by the abnorms
demand upon the shipping houses
for the United States. Forwarding
houses have been working nigh
and day for weeks past, In order ''
cet Off consignments Of worsteo
fabrics in anticipation of the prob
able passing of the Mckinley tariff
bill, and on receipt of news that th'
bill had passed the senate eSertion'
were II possible increased, and IL Ii
believed that the Servia will to
morrow Q7th) take out the last
goods that can arrive in New York
In time to be taken out of bond aI
the old rates.
Under these conditions com
merclal men here are exercised as Ia
the probable effects Of the sweeping
measures of the bill afterlt has be-
come law. In passing, however, II
should be stated that there are iso.
lated instances of gentlemen engaged
in the American trade who have
doubts even yet that the Mckinley
bill ever will become law, the
grounds for this belief being that
the policy of the high tariff party In
the states will yet be seen to he 50
ruinous to Americans generally that
the bill will be vetoed. The general
opinion, however, of those most con-
cerned In the worsted trade Is that
the passage of the bill into law IL as
certain IA anything can be. The
first effect of Its operation con tenl'
months at least shipments from
Bradford to America will be
few indeed; but that when
the trade has adapted itself
TO the new conditions Ii will
he found that the American con-
sumner will still require n consider
able quantity of the worsted manu-
1actures of England, even with the
additional price put on by the III
creased tariff. Even under the
higher tariff imposed by the cKin-
ley bill these goods could be retalled
ia America at lower prices than pre-
vailed during the war time, when q
very large trade was done In them.
The new duty is to be charged upon
IN altered basis. There are to be two
classifi cations-a duty of so much
per square yard up to certain
value and beyond that value 50
much per pound weight, with an ad
valorem duty In each case. The
natural result of this arrangement
will be that the increase of cost of
the more substantial goods will be
greater than In those OF lighter
weight fabrics. Upon this point the
Bradford Observer, the leading
organ of the worsted industry of
Yorkshire, observes:
1.-THE effect Of the new tariff will
be to largely foster the making of
low stuhs by American manufacture
ers, because these are protected in
proportion to their value much more
than fine stufis are. The American
manufacturers will I'm future mainly
devote themselves to making low
and heavy stutfs, to the almost COM
plete exclusion of such products
from England, simply because these
will pay better; and English max
ers will have to occupy themselves
in the manufacture OF fine goods, ex-
ceiling in style and design, so as TO
attract the custom of the wealthy
and the better middle class people.
Therefore, though the bulk OF goods
shipped will undoubtedly be de-
creased, the sterling value of the
trade will not be far short of what II
is at present when, in few months )
of time, business has again fallen
into a regular course and adjusted
itself to new couditions.n
The increased tariff will materially
affect worsted coatings, i'm which so
large a trade has been done of late
years with the United States, es.
pecially In lower and medium DUAL.
tiles. Upon some of these goods the
tariff duty under the Mckinley bill
will amount To 100 and as high a.
15c per cent. upon the value. These
high rates will in all probability be
prohibitory Of future trade, but the
feeling Is strong that they can not
last for long.
MeanWnlle, anotner phase OF the
subject Is presented in the fact that
already several leading firms OF
Bradford manufacturers are max.
ing arrangements for commenc-
ing departments of their works
iu the United States. Ii
has been already stated that
the Fletcher mills and the Ma
tional mills at Providence, II. L..
have been acquired by syndicate,
the principal members of which are
the mayor of Bradford and Others
engaged In the Bradford trade. II
is not improbable that Messrs. Lis
ter " Co. (Limited), whose silk and
plush works at Bradford are the
largest in the world, will found a
branch in the United States, and
We hear of other movements of a
similar character. What the effect
of these new departures may be
upon textile manufactures in this
district remains TO be seen, but the
situation Is one to create some
amount of anxiety, mixed with
hope, in commercial circles.