Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1894-08-09
nnNnorNG RAE FAEnIEK.

The Ipteitigepcer, quick to eaten at
straw that may help to save its sinking
party, has much to say about the recent
slight advance In the price of wool, and
makes il the text Of some very trans
parent remarks On free wool. 1t as
cribes the advance 10 ga growing belief
that Congress will not succeed in pass
ing tariff BILL" and thus leave the
wool industry under the continued
bene6cent care OF the Mckinley law.
But our contemporary slips cog, few
sentences further on, aud declares that
'the only hope for the American wool
grower lies in the faint possibility that
the incompetent Democratic statesmen
at Washington will be unable 20 agree
on tariff bill, and that the Mckinley
bill will stand" To this "faint posi-
bIlity," then, it attributes the advance
IN wool. 1t should know that the great
business world is not influenced even in
a slight degree by "iaint. possibilities,
but by cold facts. When 4 manufac-
turer pays a cent advance for pound
OF wool be does so on business princi-
pies, and not because there is faint
possibility OF something happening.
The small advance in wool is due to
increased demand. During the recent
business depression many Of the mills
have been idle and stocks have decreased
until there Is not enough on hand TO all
orders. Consequently mills are starting
up and there is greater demand for
wool
When the lntelligcacCr asserts that
the only hope for the American wool
grower is In the Mckinley law, it is en-
deavoring to bunco the farmer into the
support OF the Republican party and
prssuming on his Ignorance. The
history Of the passage of the infamous
Mckinley law Is yet fresh in the mem
DRY Of intelligent people. The wool
schedule OF that law was passed at the
Instance OF the manufacturers, in ac-
cordance with their demands and at the
exact figures they furnished. They
were purchasers of wool. Did they
want to advance the price Of an article
they desired to purchase? From the
fact that wool began to decline rs soon
as the Mckinley law became operative
and has been declining ever since, the
conclusion is irresistible that the Nc
Kiulsy law was concocted for the ex-
press purpose Of lowering the price OF
wool.
Admissions made by protectionists
who engineered the wool schedule
further strengthen that conclusion:
The President of the Manufacturers
Club OF Philadelphia, one Of the largest
wool buyers, in an article furnished for
publication, frankly says:
1t is an interesting fact, deserving much
emphasis Of statement, that the prices Of
woods are lower now than they were one
year ago. This decline was DISTINCTLY
PROMISED by prOtectionists during the
discussion which accompanied the framing
of the Mckinley bill.
The Home Market Club of Boston,
issued a circular on wool for circula-
tion among wool buyers-not for the
farmers, mind you-Which ended with
these words in extra large type as the
crushing argument in favor Of the
protection of wool:
at is a mistaken idea with many manu-
facturers that foreign prices of wool are
necessarily lower than home prices under
protection THEY AVERAGE HIGH
Err They would be much higher but Tor
u large and certain domestic supply
The President Of the American Pro-
tective Tariff League, in an article In
the North american ReUiel0, says:
But tho effect Of the duties has been suf-
fciently marked 70 justify the continued
application Of protection 10 our wool in
dustry for the DISTINCT AND AYOwED PUk-
POSE to secure lower prices.
Out OF their own mouths are they con-
yicted Of being pdrficcpS crimhliS in
scheme to bunco the American farmer.
Why the duty on wool does not pro-
tect the grower, but places him at the
mercy OF the manufacturer, is
plain. The wooden manufactur-
ers are combined in trust.
The trust fixes the price Of the raw
material just high enough to prevent its
being exported, aud the wool grower is
powerless. This is the much lauded
home market" lie is in it, and about
the only satisfaction he gets is in read
ing the gllttering Republican resolu-
tions about protection to the American
farmer.
The fact is the wool schedule in the
Mckinley law was fixed by the manu-
facturers to protect the manufacturer
this much has been admitted by protec-
tionists over their own signatures.
With the trust as an auxiliary,
there is no power under heaven
that can prevent the man
ufacturers from keeping the price of
wool just where they want il. This
was the intention of the Mckinley law,
aud the downward course OF the price
of wool ever since that law went into
force is evidence that the tariff schem-
srs knew what they were doing. In
the language Of one Of its benefclaries,
they bought the Mckinley law and
they paid for it.
a MODEL LEGISLATOR
The HtelIigencCr Affects to believe, Ia |