The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1894-08-25
EEEE WOOL

lie WOO 1e&2&Es o. sz<e E&41 &E1 Lz%A1~
ir10zs IN TIE oviafoa thas re American
roos-grouinr interests viii BE ruined. Do
cause they can not coz pete witn foreign
WOO growers nsdsr the senate farl9 bsll
which places wool On the free list WooA
aud wooIen manufactures have been snso-
lately slaughtered by thss new tar11 az.
TIE great b1Ik Of the woos-growlng inter-
ssts In Amerscs are Ioezssd In Republican
states. while re2rly al Of ths soossn
manufacturers are also In Rspa5iscsn
states. The average production q woog n
the Unsted States daring the four vesrs 81
the Mckinney law Is estszAssd 81 over So
0o0. 600 pounds CT aboEt ors-6ft5 q ths
worlds supply q 2 50. 09o Co
American manufacturers kzvs hereto
fore besa mainly restricted % tie coz
s1mptioa CT tie domestic clip. While
under ths new bill the wool market vii
bs enormously enlarged 20 or nsasfscs-
ursrs. who, instead Of having - pay tie
prices zsder protection. which hsEs been
Tor thirty years nearly d0uble the free
wool price. vii uoz be able 20 BAY ,. TIE
latter price. Heretofore tie London asr-
kss has dominated al tie markets Ct tbs
world oasxl6s the United States. After
the passage Of the Mckinley Ian the Loa-
don market IN essyea months declined -
Per cenL, ard the American market or
woods Of the same kind and quality dur
ing tie same period declined less thAn Z
per osnk But under tie neg free wool
tariff the Loadon markets wsI dominate
the American market IS completely a.
heresoGors il has donainatsd al other free
wool markets.
The Phllsoslphia Fress relates that in
order to ascertain what the LOndon mar
kst Is some Wyoming wool growers re-
certly shipped their clips Of lss4 20 tbs
reeent London wool auctions where the
wools we're sold In JAY a. about pence.
or cents. per pound. fsr woods that never
sod IN Phtisdslphls under the Mckinley
Lag previous 70 March. lss2. for less than
Il cents per poanS. This Wyoming wool
which vas recently sold IN the London
rnsrks, a. 9 cents nets the shipper on the
rznch IN Wyoming sbou; cents, IS
against never less than Is cents previous
70 March. Isgs.
These facts illustrate what composition
American wool growers wiil hare 20 face
under free wool. The fell effect Of free
wool may not be felt here At once in con-
sequences OF the present bare state Of al
the Eastern American wool markets. The
Eastern wool dealers have little or no stock
and they al are ready to 90 into the for
eign market and buy the low-priced woods.
From 1888 to iss3 the price Of American
vool under protection was ID per cent
higher than the same grades Of wool in
free trade London To compete with the
foreign wool growers the American wool
grover viii have 20 make q reduction Of 50
Per cent in the wages paid 10 employees. and
obtain o reduction Of 90 per cent. in the
freight charged by the railroad companies.
sixty Per cent Of the sheep are IN the
Rocky Mountain region, where the freight
on wool 10 the seaboard averages cents
per pound, and in many cases cents per
poand. ss Agains; only J. cent per pound
freight on Australian wool from London,
its main market. TO our ssaboari cities. The
difference between cheap ocean freight
snd dear overland freight IS from so per
sent 10 1. 30 per cent against the Ameri-
can Sooi EroBer.
II 1. cheaper 20 bring wool from London
than one OF the farms IN Western Penn
syivia, and under these conditions the
American wool grover esnnot compete
with the foreign market bat viii be
driven out Of his own market. The
American wool Manufacturer viii Re sab
jecsed 20 rainons competition, for il Is be-
lieved that the a. per cent sd valorem
duties viii net cover the difference in
wages Of factory operatives. which differ
enee In England Is only one-half Of the
wages paid In Ameriea. and on the CONT
nent factory operatives IN some cases
work fourteen hours q day for only
one-third Of the wages paid for ten hours
in the United States. Therefore. even
with the advantages OF free wooI the
American WOODEN mills can only be run
when they can undersell foreign goods
The advantages Of free raw materials will
not enable the American mills to COM
PETE with the German mills under the new
tariff American wool will only hni =
market ~ prices enough below the Lon
don market 10 admit Of its export to the
latter place. The price Of American wool
will De controlled By the foreign price
and by the ability OF the American manu-
fscturer to sell IL at the foreign price.
The putting OF wool on the free ll.s IL
almost as bad for Texas and New Mexico
a. for the Northern weoi-growinx states.
for IL Is now q foresoas conclusion that
not only the business Of producing wool
| will &c practically ruined. but the whole
| business Of sheep breeding. With a proper
duty upon wool the breeding OF sheep vas
/ profitable, but in anticipation Of tie re-
/ moval % duties FROM wool. growers hsvs
/ al the present season been rapidly selling
aud kglins OF their sheep and lambs
| Thss will continue until practically al the
sheep are gone. and IL IS predicted that
next year the number q sheep in thus
/ country, instead OF being -, o.. 90, IS now
/ VII - less thAa socooool Tie price Of
mutton sill naturally 50 down for abort
time until the surplus % sheep Is disposed
4 Of. ana then shers sill he sharp and great
advances. waieh sill Re maintained jass 80
loay as the frss wool policy is ssabodlsd IN
4 the tAri8.
/ TAis advance in ths pstcs q lambs and
/ mutton Is 81 far more importance 20 the
p~opls a. large than ST. tie daty upoa raw
woos imposed hy the MeKialsy taEla. ard
/ tAls advance is sars - come IS ne direct