Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1894-04-05
A CASE or WOOL PULLING.

A memorial To the Congress of tho
United Slater, submitted by the wool
merchants OF Boston, bearing some
aoventy-fve names, and endorsed IN
red Ink ns "fcviscd aud corrected,
March 81, 1884," has ucen received,
evidently for publication. The kernel
Of the communication Il found in the
last paragraphs ave appeal to the
Senators aud Representatives Of the
oountry at large to use their inilscncc
aud votes against tho wool wrongs
embodied In tho so.called Wilson bill
or In any similar legislation"
A. apology tor publishing this mucn
OF the memorial, and ~ explanation
for not publishing any more Of II, the
NEWS, a. non.political paper, bega TO
say II has a tolerAbly distinct reoollcc.
ton that some OF these same "ner.
chants OF Boston" aiguoi a similar
memorial and took an equally emphatic
stand against the "so.called" Mck'n'
ley bill two or three yeats ago, aud
were nearly II not quite as much op-
posed TO the high protection for wool
proposed In that measure rs they are
TO the frce wool proposed by
Mt. Wilson's bill. This recollection
forces Us 10 the conclusion that
some Of tho "morchAns OF Boston"
who are 10 prompt 10 sign their names
10 memorials TO Cougtess, arc acIuated
lees by principle than by policy, aud
that, as matter Of fact, It IL not the
"merchRnt VI Boston" who Is affected
one way or the other by any tarln or
the absence Of II on wool.
As to the policy which may have
prompted the present protest, It IL not,
We think, very far to seek, The NOR.
chants Of Boston do not raise wool,aud
do not manufacture any. They buy
II. aud sell It - or, more fre.
quenlly, instead Of luying II out
right, they accept II on commission, sell
when they get ready or are instructed
by the consignor, aud remit TO the
latter his share Of the proceeds, after
having taken out their charges for
storage, Insurance, commission, etc,
With them the wool business, like any
other, Ia mere matter Of speculation;
and whether the price realized on sales
IL high or low, they usually manage 70
make themselves safe But In order 10
make anything, they must have busi-
ness TO do and goods TO handle. Now,
Il the woOlgrower can only be Induced
10 believe bis Boston or other friends
are busily working to protect HE inter.
eats and make his profits large and
sure, lac will continue 70 ship bis prod.
uct a. heretofore, taking ohanoeo on
the price TO be obtained. IL he get.
alarmed, however and concludes 10
keep hia product at home until the
agitation shall settle aud the market
become steady, his Boston aud other
friends loss his trade and have to r..
sort to some other business to earn their
tillce rent,
The wool season IA now about to open.
What more natural than that the
eastern commission men should be-.
gin to latter aud cajoe the western
producer with the Idea that thoy aro
employing every energy In his behalf
10 that they may curry favor with him
and got his commodity into their
hands agtiLl
ltthvse structures seem severe. le. ID
be remembered that, rs above stated,
there was objection TO the Mckinley
bill from the same sources tnpt now
develop criliuitm Of the Wilson bill |
Furthermore, every intelligent wool.
grower knows that the present low
lrlco Of wool, like that Of silver, Is due
not more 10 real depreciation iu
value than 10 speculative combines ana
an all-p9wsriul shear" movement.
Accepting this fact, there Is but one
more step 10 bring HIM TO the point
where he can estimate at its true worth
the zeal OF those who act as middle.
men, and fatIen on the Ialiug oi one