The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1892-04-05

L
WASHINGTON, D. O., April At is not
often the lot OF man to receive tho gen.
erous ovation that tho house Of repre-.
scntatives to-day extended to Hon. Viii
liam NJ. Springer, OF Illinois, chairman
OF the ways and means committee. The
welcome which greeted this man, who
has been so near the jaws OF death, was
allthc more significant because twas q
non-partisan one.
When Mr.. Springer entered the
house at two o'clock tho house burst
into one great spontaneous outburst Of
applause, and when he took his seat
the applause began 10 subside, and then
the members commenced to file up the
aisle to grasp him by the hand and well
come himto the house. Politics were
forgotten for .fcw brief minutes, and
as Congressman Dingley, Burrows, Hos
kins and other vigorous campaiSners OF
the Republican side crossed over and
were followed by dozens Of their COL
leagues, the smile Of the Illinois leader
was slightly dmmed by misty tears of
gratitude as he grasped their extended
hands. m
When order was once more resumed
Mr.. Springer announced that his healtl,
would not permit him to speak but that
his distinguished friend from Nebraska,
Mr. Bryan, would read his address for
him. The speech, in part, was as fol-
lows: .I
MR.. SoRTIl's REPORT. (.
Mr.. S. n. D. North, who is not only
the special agent OF the census office in
charge OF statistics OF wool manufac-
lures, but also tho secretary of the
National Association of Wool Manuiac-
turers, whose principal Office is at Bos-
ton, i'll the state OF Massachusetts, a,!-
dressed letter to the chairman OF tho
committee on ways and means, in
which he states as follows:
II may add that the grade OF Austral-
ian wool which most clearly cores
ponds to the Ohio was he'd fleece wool is
-the-fort Philip fleece. and this is the
line OF quotations which should be
studied to ascertain the relative London
and Boston prices OF wool at any given
time" 5
There was transmitted with this let
ter q diagram published by said associa-
tion which showed these prices by
marks. This was not deemed satisfac.
tory, and on the 10Th OF February, 1892,
the chairman OF the committee OF ways
and means wrote Mr.. North, requesting
him to furnish table compiled from
the diagram and previously forwarded,
showing in parallel columns tho aver
age Boston prices OF Ohio medium
washed fleeces and the average London
prices for corresponding date OF Port
Phillip fleece from. 1866 to 1891. To
this letter Mr.. North replied, under
date OF February IL last, in which a
table OF Messrs. Maueher and Avery, OF
Boston, was furnished, with this state
mcnt, that "thc Port Phillip fleece is a
washed wool, as is also the Ohio fleece
quoted. The chairman Of the commit
tee requested an expert of the bureau OF
statistics OF the treasury department to
compute the annual average price OF
said woods for hc.twenty-fve years COW
cred by the table, and also the average
annual price for twenty:three years,
emitting the years 1871 and 1872, with
the following result: 4
Average annual price OF wool for the
twenty-five years.: Ohio ALAS cents;
Port Phillip, 4l.04 cents; difference in
favor Of American wool Al cent.
Average annual price of wool for
twenty-three years, omitting 1S7l.72:
Ohio 4O,2 26 cents: Port phillip IO.59
cents; difference in favor OF foreign
woods .2G cent. Il
The reason for making computation
leaving out the years 1871 and ~ is as
follows: s@ 25.sE
In the bulletin OF the national associ-
alton OF wool manufacturers Of Decem-
Der, 1891, appears an article bv
Mr.. Charles S. Avery, OF the firm OF
Maugher & Avery, entitled. Twenty
five years of the worlds wool markets."
which concisely rccites for each year OF
the past twenty-five years tho causes of
the fluctuations rs reported in contem-
poraneous wool circles and tho records
OF that firm. Under tho head OF 1871
Mr.. Avery says:
Julv-Great falling off in the clip Of
the United States.
Octobcr-Speculation in wool and
woolcns.
Observation-Disclosures profits realized
spectators,
Under tho head 1872:
January-Wild speculation in woods
OF all kinds. 5e9i f3,.} ..}I