Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1892-04-05
rHE FREE WOOL BILL.
representative Springsr's Address
Closes the Debate.
! TOUCHING WELCOMEE EXTENDED
Representative Springer BY His Colleagues
Without Regard 70 Party-The Full Text Of
N-. Sr-irge-'s Aidrsss-Hs Vas Unable
20 Deliver L and Mr. Bryan Read L.

to Deliver L and Nr. Bryan Read t.
WASHINGTON, ID. c., April at is
on, often the lot Of man TO receive the
.srsrous ovation that the House OF
psr-eseutatives to-day extended TO
han Wm. NJ. Springer, of Illinois,
rs,i~uan ~ the Ways and Means Com
-..--.e. The welcome which greeted
--.. man who has been so near the jaws
4 ,t5sath. was all the more significant
,s.suse 10 was nOn-partlSan.
,rE,NGER's PLEASANT RECEPTION.
When Mr.. Springer entered the House
4 40 o'clock the House broke into one
--sat spontaneous outburSt of applause,
--. when he took his seat the applause
tsran To subSide, and then the members
..-uenced 10 fie UP the aisle to grasp
-.,, bv the hand aud welcome him %
--s House. Politics were forgotten for
d ssv brief minutes, and as Congress
mem Dng.ey, Burrows, HOsSinS and
-.tar vigorous cSmpaigDerS OF the Re-
-rbican side crossed over and were fol-
owed by dozens of their colleagues, the
smile OF the Illinois leader was slightly
simmed by misty tears Of gratitude as
fe rrasped their extended hands.
When order was once more resumed
v-. Springer announced that mis- health
would not permit him 70 speak, but that
tf, DISTINGUISHED friend from Nebraska,
V- Bryan, would read his address for
him. which he did as follows:
l'g. SPEAKER:-In the report Of the
Committee OF Ways and Means, which
had the honor % submit through
PM, gentleman frOm Tennessee (Mr.
NrNLanl on March I, 1892, 10 ac-
-ruuarv the oil. House resolution 6,OO1, 20
-a.. wool on the free list and 70 reduce
i teGrtes on woO!en goods, the following
statement appears;
orscrs OF WOOL IN THE UNITED STATES
AND ENGLAND.
-Yonr committee requested the bureau
-f satisfies 20 furnish 10 with a statement
showing the prices OF wool Of the same
quality iu the United States ano Europe
rom 1865 70 this time. The bureau OF
s-aasiics referred the matter 70 Mr.. >. y.
ID North. Secretary Of the National
Association, Of wool manufacturers
~ Boston. Mass, and the special
AGENT OF the Census Once IN charge az
satisfies OF NvOOleu manufacturers. Mr..
1 North procured the statement desired from
arru Of wool merchants in Boston, which
FL. .a-arvvvnere recognized as authentic in
matters OF this kind The letters Of Mr..
Nrr-h and the statement referred 70 are
~oisbed In the appendix 20 this report.
see appepdix j. Mr.. North, IA trans
hitting this statement explains that, IN
/ -r-er to institute comparisons between the
rr,es Of wool in the United States and IN
4 Great Britain. the Ohio medium washed
wool has been agreed upon by those IN the
--aie as the grade Of wool corresponding 70
-s Port Philip fleece, au Austrian wool OF
s.1stantiallv the same quality. Mr.. North
also explains that the Boston prices Of the
O1. 10 wool are given In currency from
lS66 TO 1879,
when specie payments were resumed in the
United States The English prices are ali
.~ -0.d. For the purposes Of comparison
--e Boston prices should also be stated in
-d The premium on gold in $500 was
sch that a currency dollar was only worth
r.. ce.ts. and steadily declined until 1879,
when specie payments were resumed. 10
OLA table. as given Oy MIR North, mas oeeu
-lled a column giving the gold values OF
--. American wool from 1865 20 ISIS, in
..s.ve 10 will be seen by reference 10
t.s table that the London and Boston
prices of these grades Of wool varied but
'-e from year 70 year down 10 aud ln-
.rl.0E-l 1890 The statistics for 1871 have
-.-v vet been furnished.
It vi. appear that there were times
Tlau tle London prices were greater IMAM
'l1-e .l the United States, but a general
average would show but little difference
cs-uee15the Boston ana London prices.
AS these prices are based on washed wool.
.e lutv0u foreign wOolS would be twenty
$3.50 cents pound; and If that amount or
..-- furnished protection 20 that extent
.r --e American wool grower this grade Of
American wool ought 10 be worth twenty
Nvo cents pound more IN the United
States than iu London. Instead on tbls,
however. Ouithng the unusual years OF
,>-' ana 1872, I'm which prices were un-
naturally affected bv wild speculation we
SOS that the American wool Tor the re
ra.rin- three wears averages a little less
price .hau the foreign wool This lact
>l.rs bar the
AurucAN WOOL GROWERS
s---. receive any increase whatever in the
prices OF their wool bg reason OF the tarih
.- .rei1n woo,s. This failure Of proiec-
'.c o. protect the wool growers may be eN-
planned u- CalIinc az ention 70 the conul-
Tons of wool manufacture in the Cnited
States
Wool manufacturers as a rule do not
--r. f.c,ure goods until they receive
.rs This preCautiou is necessary M
r.ar l1 guard against over production.
The 0rlers indicate the quality OF the
goods desired bv American consumers Tor
.-e ensuing season. These qualities or
GOODS an he produced only hy the admlN-
'.-e o. foreign woods with native wools
ard ov com blulng with these whatever or
cotton. scoldv. aud other adulterantS may
oe used 20 advantage The manufacturer,
'--r. tr>t determines the amount Of for
r-r Vog. required, the amount OF cotton.
'.-c.r. and other adUlterauts that may oe
Used to advantage, and the amount oI 10
-->.c wool which will Oe required 20 com
pere the component part OF his orders. The
coIest wool, therefore, IS confined 10
In -ai market. It's only purchasers are
American manufacturers They purchase
only what they can use TO advantage Inc
remainder is EFF iu the market or IN Tue
1-cls % the producers; and II there IS "A
.erce Weld, prices must OF necessity oe ue-
Pressed
AS THE AMERICAN PRODUCER
nwc7. caouot sell abroad at profit he
->, await the pleasure or the woolen man
-I-rt-rers, who are his sole patrons, anu
-eAe such prices as may be flXed IN the nome
-arSet which prices VIII always ne ue1er,
l.led by the demand and supply. 4 miu
water for instance, which would cause
'a.lng on Of consumption would tend 70
lsp-ess the prices Of woolen goods and con
~qleutlv the prices Of wool There are
-a1y contingencies which affect prices OF
81. s.ldS, but as a rule they are governed
o' the ineXorable law Of supply and de-
Rand. IL there be a large supply OF Amer
.ca1 wool In the American market and
snail demand, prices viii be lower. IL
,Lere is a small supply and large demand
Prices viii be nigh A high pro
.eclve tariff on wool has the
Greet effect Of limiting the demand
-or American woods for the reason tnat