The Lebanon express. (Lebanon, Linn County, Or.) 1887-1898, 1894-09-21
Lebanon Express.
H. Y. KIRKPATRICK. I
EDITOR and Proprietor
THAT FREE WOOL BILL.

W0ui rtHotA anu WV StfU VHO icoutVu
at length for the information oi
our tariff readers.
Harry e. Wise, of Christy, Wise
4 CO., says:
"The effects of the bill have been
excellent and they will be better,
1t has already been demonstrated
that the cry that free wool would
ruin things is merely crude polit-
ical lie. In the past sixty days
wool in the grease on free stock
has advanced from l to 3 cents o
pound, depending particularly on
the staple. This advance applies
to the territory woods of Oregon,
Idaho, Nevada, Montana and Utah,
The increased demand at better
prices is directly attributable to two
reasons: First; the great manu-
facturers feel sure that wool has
long ago reached bottom and that
tits bound to advance; second, the
settlement Of the tariff puts busi-
ness on a definite basis. Foreign
woods cannot ruin us, for the reason
that even the advanced price on
territory wool is lower than foreign
goods can ever compete with. Then
another point to be remembered is
that there is now an increased de-
mand for foreign wools, a demand
so brisk that it has already sent
no the price abroad. Eastern man
ufacturers engaged upon the more
popular fabric into which foreign
woods are woven are behindin their
orders and many are running over
time to complete the orders. So,
you see, the foreign woods have not
hurt US and they will not. In fact,
in spite Of an increased price Of
foreign wools, the advances ON
territory wools exceed them. II
think that the handwriting on the
wallis plain. As the bill develops
in its operation its full advantages
will be enjoyed more and more on
this coast and throughout the
country.
by next year there may be q
slight drop in the price, incident
to the return of the market to its
normal condition, but the volume
Of business Is certain to be greater
from this time on than it has ever
been, and though the earnings may
be a smaller percentage Of the
whole, yet the gross will be greater
than in the past, Our Boston house
advises us that there is the strong
est kind Of a feeling in the market,
and that the firms that have lately
made enormous purchases are the
most successfulin the United States.
Que house lately bought 100000
pounds Of Montana wool and 500,-
600 pounds Of Eastern Oregon on a
largely increased secured basis,
following heavy Australian pur-
chases.
'The price of clothing, however,
will not go higher, because great
competition will put it down. In
fact, there is only a few pounds Of
wool even in fine, heavy suit Of
clothes. On a $50 suit the wool
costs about "a. The protective
tariff, however, redounded to the
benefit Of manufacturers and en-
abled them to keep up prices. II
believe that untaxed wool will
establish the industries dependent
upon it on stable and fourishingI
basis, insure to consumers better
and cheaper clothing and create an
increasing demand for American
wool. The good effects Of the bill
are far-reaching already, and we
have only begun to realize them"
J. O. Hoffman, Of the firm Of
Hoffman, Alexander & Co., manu-
facturers and importers Of clothing
and proprietors Of the Oregon
Woolen Mills, in Salem, who has
been making a thorough study Of
the tariff on wool and the effect Of