Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1892-03-26
,-odioious Injury to Domestic Iu-
dpstrv Which it Will Certain
ly Bring About.
Demand for American Wool Will
Alone Be Reduced 216,ooo,-
900 Pounds.
singular Admission by Mr.. Spring
er Re alive to the Effort of
His Measure

REPRESENTATIVE Springer was told that
We collected IS 5000 Of revenue last
wear from wool, which his bill proposes to
admit free and that his scaling down of
duties on other things involved a further
reduction of revenue, on last Years i'm
,ortations as basis, of S19, 500, 600 more.
He was reminded that the government
needed every cent collected under existing
laws for legitimate expenditure and asked
how the loss of revenue foreshadowed in
his free wool bill was to be made up. 20,
there will no loss of revenue, he in Effect
rpplied "rde lower duties on woolens
and worsteds will invite larger importa-
tions so that just as much revenue will
result from the lower rates as was last
year obtained from the Mckinley duties. 4"
Do the American people realize the
adjudication of that brief statement?
Last year Ne imported S43, 900, 000 worth
of wool manufactures. At the decreased
rates fixed In the Springer blll-the average
SO per cent on last years imports as a
ba.is-we should have TO import Sll5, 000,-
600 worth, an increase of $72, 900, coo over
1891, in order TO make up the S26 600, 900
deficiency in revenue. This, remember, is
what Mr.. Springer himself says should
take place.
What effect would this increase in i'm
ported goods have on domestic industry
First, as to the farmer: The S72, 000,-
900 increase in manufactured wool would
contain 2l6,000000 pounds of raw wool,
which would come in to take the place of
$4,000, QUO worth of goods now made IN
this country of domestic wool, and to re-
duce the demand for the product of our
own sheep growers by ZIG, 900, 900 pounds.
But this is not all Since Mr. Springer
admits that a mere decrease in duties will
Increase imports so enormously, ltliDly
he cannot deny hat his rem wing the
whole duty from raw wool will tend to in
crease Imports of it also. Atthe very least
we should import no less Of foreign raw
wool than was imported last year, when
the amount was ll9 000,0 600 pounds. OF
this IS, 900 900 ponds were carpet wool,
which we should have to import any way,
since ii is not, and as free traders con
tend, cannot be successfully produced
here.
We consume, at a liberal estimate Goo,
600 COO pounds of raw wool in the United
States. We can safely assume that the
&C. IL, IS A. ;,,a.,a -, - :,
.ho,,i1 I i ;,,.ot r. ~ Az 49, oor
~ 49, 10" ~ 80 GO 10 tar,e,
s 80 80, -. -
NJ 49, a,I III 10 ;,,,ortoI of r,orrtoct.
rras % -, 49, ~ l'' ''N " '''A ''>'
'''' " "0o' p..s.
is0oo ooo Inst reor.s or,on-., ranrs. o'''''
seuing Of raw wool -. -. l29, OoOOOt
Plus Si20looJo n.y.. sprneer.s in o., 40, %,
,'s"Se' 'ep'esen''ns ol ia" "oo,,''' ~iO''''O1'
There would be imported OF raw wool
Clothing ard combiDg, last years 1900.
amount 80, S Stno 0ol
- -
Total imports ofwool .............. 46i.O0OoU
Total amnBut Of wool in United States GoloOo00
Difference, to be supplied by American 900.
p. i5iineFs ..'''...., 5 589C oGo NV
B.rere8rp, ' or sbr I gs' in domestic
demand ................. .......... 1G7,O0oOo
Here would be l67 GOO, goo POUNDS o.
after the home market had been fully sup
Piled
what would they do with NJ Ihere Il
what il womb bring-Iow enopob TO nm
dsrsoII the cbeare.t wool in the world
The existarce ot tncE an enormous sur
rIns over Half ~ ne whole domestic pro
ducf wouId send the market go l7w ina
farmers wopId avain slaughter their Aocki
for tallow Never again wonld goo,
times retnrn for onr sheen owners Will,
the free WOOL nol,cv nTeyai,ed Ever