The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1894-02-20

diAnotGrs. loss TO tho inch, and Ia much
coarscr wool. Tho two classes OF woods
arc not OF the same kind you might az
vol compare the value per ounce Of
gold with silver because they are both
precious metals, or you nigh: as well
compare tho vuluo OF mules with tho
value OF bIooded rncO horses, because
they both belong TO tho animal king.
dom, Australian lno wool and ohio
medium wool DO not enter Into tho
manufacture OF tho same kind OF goods.
Tho Australian wool which Mr.. WOlloI
takes for comparison with Ohio medium
when finished into cloth wonld DO like
the comparison OF n broAdcloth dress suit
with an army oyGrcoAt. ilo would have
tho public believe that because these
two diilGr0nt grades were wool they
wore OF tho same quality aud Of tho Samo
value, To anyone in tho wool business
Mr.. WclIcs' lack OF Information is ap.
parent In almost oyory statement. Eot
tho fact remains that the price OF al.
most every grade OF American wool
from tho time OF tho passage OF tho
tariil law Of 1867 mp 10 ClcyGland's in.
RuGuration In 1893 (bCforO which latter
date the effect OF tho Mckinley law had
not boon neutrAlizcd) in its Cloan scour.
cd condition when freed from skirts was
worth under protection double tho price
Of the same kind OF ACQUIRED wool in
London or any other FREQ trade market
OF tho world, and but for protection, tho
lower London price would havo been
tho American price. What further owl.
donco OF this is needed than In the
course Of wool prices since this admins.
tratlon commenced its assault upon the
Mckinley tariff law. Whom President
Harrison left tho white house on tho
4lh oil March, $685. Xxx Ohio and West
Virginia washed lnc dUlninc iluotc was
worth Sc TO 3jC, and was worth
in London Mt that date lGC in the
fleece. In what direction has the price
OF West Virginia wool moved during the
process OF tho assault on the wool in
dustry2 Instead Of being worth 33c or
Soc in tho washed fleece, ag 1t was on
tho day when President Harrison left
tho white house, it is now almost I'M
salablcat &c. Why Is 1t worth 9iC in
stead Of $50 or Soc as it was less than
OlAH lGNl NSO hIs W CllGb kION5 NtFV
well that West Virginia and Ohio NN
washed fino doaipo tleeces arc worth
only lGc in london, and that when the
Wilson bill passes the lGc London price
will DO our price here. 1t is doubtful
il West Virginia md Ohio NX is even
worth SOC secured in London, because
the skirts arc on, and Australian wool
is selling in London with the skirts oil
ut very little more.
West Virginia fine dclaine is unsala-
bic in America today at 24c, because
tho buyers OF it believe that wool will
be put on the Tree list and that they will
soon buy it at the London price OF Ice
in the fleece, or even less.
II any West Virginia wool growers
want to know what secured free wool is
worth in London, ii they will call ut the
office OF the lSTELLrGESCER, they will
SEQ sample OF the Australian wool
secured, carded and combed into Top"
which can be bought in England at is
pence or 81 cents. This is a partially
manufactured article. allowing only 5
cents to cover the cost of manufacturing,
and the loss on skirts on West Virginia
wool they will see how it must be ncces.
sary to sell Ohio wool in the washed
fleece so low as to cost not over SO cents
secured clean with tho skirts on, and as
they shrink so per cent, to bring 80
cents secured they must sell ut only
half that, or IL cents for the washed
fleece.
Tho whole object Of Mr.. Welles'
letter seems to be TO prove that tho
London or tree trade price has not been
one-half OF the American price, current
before protection was assailed by Grover
Cleveland. II hc has any doubts let
him make 4 shipment OF West Virginia
M delaine woods to London, and he will
lind that his wool will be sold there oil Il
thirty or thirty.two cent secured basis,
netting him about eleven or twelve
cents Tor the washed fleece in West Nir-
ginia, as it will coat him about four
cents per pound to send it to London
aud get it sold there. Mr.. Welles can
write columns for tho newspapers that
may mislcad West Virginia wool grow
ers, but il no wants TO get ut the real
truth, he or they can easily do so. Re-
sponsible London wool merchants,
whose regulations arc world wide, arc
numerous. And il the result doesn't
prove that the wool nets him less than
half OF the prices that we're paid 10 tho
wool growers OF West Virginia during
ali the years previous to Grover Cleve-
lands call to tho Fitty-third Congress
in 1893, l will confess that liietime's
experience and familiarity with every
phase OF tho wool business amounts to
nothing. Yours truly,