St. Paul daily globe., 1892-04-05

the tariff on wool. but in sympathy with
the price of wool in the markets of the
world; its value here is determined
primarily by its value in those markets.
1t is not the tariff that controls the price
OF our wool; it is the value of wool
in the worlds markets. The American
wool merchants control the home
market, and the price which the farm
ers get is largely controlled by them,
always having in view the fact that
they must also accept values that are
beyond their control. If the foreign
wool increases the market for domestic
wool, why not let it come in without
attempting to keep it out by tariff of
II cents pound in the grease, % cents
a pound washed and 33 cents a pound
secured? And further, if the foreign
woods do not displace the domestic,
there is
No Competition
between the two; and if no competition.
the tariff on the. foreign woods would
not affect the price of the domestic. The
fact stated that foreign woods do not
diSplace the domestic. hut increase the
market therefor, is precisely the posi-
tion contended for by revenue reform
ers, and it will not be surprising if pro-
tectionists who still believe that the
tariff on foreign wool actually raises the
price of the domestic should denounce
the organ of the wool manufacturers as
free trade sheet i'll disguise, support
ed by the Golden club with British
gold"
During the year 1872 the imports of
foreign wool reached l26. .000, 900 pounds,
while the average imports of wool for
the five years preceding was only A.
100000 pounds tor each year. This i'm
mense increase in importations brought
the foreign wool into competition with
the domestic market. The production
of domestic wool for 1872 was only l50,-
100000 pounds, while the production for
1869 was 1S0.000,000 pounds, thus show
ing large falling off in production and
immense increase in imports. These
two facts explain the conditions which
prevailed in 1861, 1871 and 1872, and
caused the fabulous profits realized by
spectators" etc. The general average
for the thirty-five years showed less
than half a cent pound more in value
in Ohio wool than the spending
grade of Australian wool in London.
The Producers Mistake.
The American wool grower must, un-
der a home protective tariff, expect
smaller profit on his woods. If, how
ever, he would only realize that protec-
ton does not protect him; that he has
not got as much for his wool under the
highest protection as he would get with
out it, he need not be content with q
small profit on his wool. An increased
demand will produce an increased price.
The pending bill is in the interest of
the wool grower, as we'll as the wool
manufacturer. but is especially in the
interest of the American consumer
The experience of the past quarter of a
century of high protective tariffs on
wool and wOOlen goods has proved to be
disastrous to the wool gro Wer, disastrous
to the wool manufacturer and disastrous
to the American consumer.
1t may be asked how, under free wool,
can woolen goods be cheaper, if native
wool is higher. The answer is that the
foreigd wool, which is subjected to a
tax OF A cents upon the amount of such
wool in pound of cloth, will come in
free, and that some mills Will not he
permitted to earn dividends amounting
to SO per centum per annum. Take off
the tax OH foreign wool, permit healthy
competition and prices of WOODEN goods
must fall. Consumers will get the bene-
fit of all that is paid on foreign wool
and of all that is charged for protection
on cotton, Shoddy and other adultur-
ants"
Full of Promise.
The placing of raw sugar on the free
the duty Of refined sugar by the act of
Oct. ], 1890, caused an increased con-
sumption of sugar to the amount Of %
96-100 per centum during the year 1891,
the first year after its passage. The
passage of tine pending bill will cause
an increased consumption of WOOlen
goods to an equal amount. Such an in
crease in the consumption of Woolen
goods would curing the first year after
its passage cause demand for more
WOODEN establishments and cause the
271 establishments which were idle dur
ing 1890 to be started up again. 1t will
demand an increase of capital in such
establishments to the amount of S14,-
100000, an increase in materials to be
used to the amount of S49,000.000 in the
product of woolen goods, demand for
81, 100000 pounds more of domestic wool
and for 27,O00,00O pounds more of for
eign wool. 1t will give employment in
woolen factories TO $4,000 more hands,
and will increase the amount of wages
to be paid to such hands to the amount
of SlS,000,0G0. With increased demand
for wool, prices of wool will increase
and
Returns for Labor
will also increase. Pass this bill and
thousands of limbs heretofore naked
will be clothed in suitable garments,
and the condition of all the people will
be improved. Those who favor its
passage may be assured that they have
done something to promote the general
weal-something ''to scatter plenty o'er
a smiling land"
The speech of Mr.. Springer, thus
delivered, was warmly applauded, and,
the general debate being closed, the
committee took up the bill by para
graphs for amendment ana discussion
under the fiYe-minute rule. Mr.. Bur-
rows, of Michigan, moved to strike out
from the first paragraph the provision
which places 'all woods" on the free
list. He read communication from
Mr.. North denying that any such inter-
probation 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 num-
Der of members in attendance, but they
paid little or no attention to the debate.
The confusion was very great, so great
in fact that at one time Mr.. Burrows
suggested that the committee arise and
the house adjourn in order to enable
members to carry on their conversation
without being interrupted by the
speaker. Without taking vote on Mr..
Burrows amendment, the committee
rose and the house adjourned.