Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-04-05

is confined to o limited market. Its only
purchasers are American manufacturers.
They purchase only what they can use to ad-
vantage. The remainder Is left in the mar.
ket or in the hands OF the producers, and If
there is a large yield, prices must of neces-
sity be depressed.
"As the American producer OF wool can
not sell abroad at profit, he must await
the pleasure of the weolen manufacturers,
prices may be fixed in the home market
which prices will always be determined by
the demand and supply. A mild winter, for
instance. which would cause q falling off of
prices of woolen goods, and consequently
the prices of WOOL There are many con-
tingencies which affect prices of all kinds,
oruble law of supply and demand. If there
be large supply of American wool in the
American market, and a small demand,
prieSes will be ca lower; II there ;oa is
will be high. A high protective
tariff ON wool has the direct effect of
limiting the demand for American woods,
domestic woods nor domestic manufactures
o. wool can be exported and sold at profit:
and that amount only of domestic wool will
be purchased and consumed which will be
required to mix with the foreign wool
which must be used to produce the re-
quired quality and quantity of goods to sup
ply the home market.
One the Complement OF the Other.
"Thus it will be seen that the foreign wool
used in this country by manufacturers does
not come into competition with domestic
wool. The one is the complement of the
other, just as the wood and iron in vehicles
are compliments of each other. a given
amount OF each being required to complete
the finished product. That which must COM
pete with domestic wool is shoddy, every
pound of which, used in the manufacture Of
wooden goods. displaces one pound of
secured wool and three pounds of wool in
the grease.
"The passage of the pending bill will cause
increased consumption OF woolen goods.
Such an increase in the consumption of
woolen goods would, during the first. year
after its passage, cause q demand for 597
more woolen establishments, and cause the
27I establishments which were idle during
1880 to be started up again. 1t will demand
an increase of capital in such establishments
to the amount OF $H, 100000; an increase in
materials to be used to the amount OF $4S 000,-
900 in the product of woolen goods; demand
for 6l,0O0.006 pounds more of domestic wool,
and for 27,000, 900 more of foreign wool. 1t
will give employment in wooden factories to
81, 900 more hands, and will increase the
amount of wages to be paid to such hands to
the amount of $lS,0O0,0 900. With increased
demand for wool, prices of wool will in
crease; and with increased demand for labor,
wages will also increase.
"Pass this bill and thousands of feet here.
tofore bare, and thousands of limbs hereto
fore naked will be clothed in suitable gar
ments and the condition of all the people
wilsbe improved Those who favor its pas
sage may be assured that they have done
to promote the general veal,
something to scatter plenty DER smiling
land"
Too Much Racket for Debate.
The speech OF Mr. Springer, thus delivered
by proxy, was warmly applauded, and the
general debate being closed, the committee
took up the bill by paragraphs for amend
ment and discussion under the five-minute
rule
Mr.. Burrows, of Michigan moved to strike |
put from the first paragraph the provision
which places ''all wools'' on the free list. |
He read communication from Mr.. North |
denying that any such Interpretation could |
be placed upon his first communication as |
had been placed upon it by the report of the |
majority OF the Committee on Ways and |
Means.
There was an unusually large number of |
members in attendance, but they paid little |
)r no attention to the debate. The confu- |
sion was very great-so great. in fact. that |
1t one time Mr.. Burrows suggested that the |
rise and the House adjourn in |
order to enable members to carry on their |
conversation without being interrupted by
,he speaker.
Without taking vote upon Mr.. Burrows |
amendment the committee rose and the
House adjourned.