The Coconino weekly sun., 1895-10-24
DEMOCRATIC FREE WOOL.
Democratic FaIsehoods Analysed = Wool
 nnd Slioddy, sy


 Democratic FaIsshoods Analysed = Wool snd sl,oddy, S
 The Philadelphia Record, in criticis- ing a comparison of the results of one
 year of actual trial of free wool with
 the last year of the Nc cKinley law, says: | '1rhese statistics show splendid vista of prosperity. As soon as the tariff
 bars were let down our manufacturers sent their agents to London and Ant
 werp to buy for the first time the finest Australian and South American fleeces to be made into fine fabrics for Amer ican consumers. There is not in indus trial history a morestriking example of the promptness with which American manufacturers avail themselves of new opportunities"
 If importing more shoddy and waste than could be produced by the total an nual clip of all of the important wool growing states of Ohio, Michigan and New York, and in place thereof we ex- port the pure wool, because under the new law American manufacturers can not afford to use it at but little one-half of its value under the Mckinley law, when it was all used at home, ''is splendid vista of prosperity" Lord help us. Tho facts are these: Pre- vious to July wools were depressed all over the world. In America the price of wool, according to the very reliable commercial reports of the Record, dur ing the first week of October, was no higher, but was slightly lower than in the last of July, while foreign wool has advanced 25 per cent. since July, and it now pays to ship to Europe American wool which finds no market in the United States at 36 cents, secured, but which goes abroad with large quanti- ties of Australian and South American wool to be manufactured into goods which are to come back to America, taking the place, under the new tariff law, of American goods, formerly made wool, which the new tariff law per- mitted foreign nations, under the first year of the new tariff law, to send to the United States to the extent of S30,- O00, ,0OO in excess of the shipment to the United States during the last year of the Mckinley law.
 This increase alone in manufactures of wool, exclusive of shoddy, noils waste, rags, etc., represents goods which when made in the United States required 9O,00O, ,O0o pounds of wool. By the transfer of the manufacture of $30,- poo, 900 worth of woolen goods from America to Europe the American farm CT loses the sale here of 90,000,000 pounds of wool. Finding no market for it all in America, he ships to Eu- rope. The wool market reports for the past week contain the following state ment: The sensational sales of the week were 500, ,000 pounds of American wool, grown in Montana, to go to Eu- rope at 38 cents per pound, because no American manufacturer could buy it at that price. This lot nets the seller 1 cent per pound more than he could get for it in the United States It goes to Europe to be manufactured into goods which will doubtless come back to the United States, contributing to the ESQ., j00, ,00O increase in the first year of the new law in the imports of manufac- lures of wool. This wool has to go to Europe at about half of what it brought previous to March, 1893, before the Nc Kinley law was menaced with repeal. This class of wool at that time always found ready sale in the American mar ket at from GO to G6 cents per pound, secured. To-day, under free wool and the Wilson-Gorman bill, there is no market for it in America at S6 cents, and we are exporting it and are import ing shoddy, waste and rags to take its place. Under the first year of free wool and the Wilson-Gorman law, the increase in the importation of shoddy, waste, etc., valued according to the Record at 12 cents per pound, was more than 17,O00, 900 pounds. None of these wool adulterants are being exported, and, as they have been carded and cleaned, each pound of shoddy and waste would require for its reproduction 3 pounds of American wool in the condi- ton in whichthc latter is usually sold by the farmer. Thus we have pure wool going abroad at 30 cents per secured pound because our manufacturers for the first time in the history of the coun- try are working under bad tariff law, which does not permit them to use this pure wool at 38 cents, which under the Mckinley law found ready sale to American mills at over 60 cents, and they are replacing it with shoddy and waste. This is about fair com parison of the result of the workings of the Wilson German law vs. the Me Kinley law. This is the situation, which, in the opinion of the Record, is a splendid vista of fprosperity. ."-Chicr go Inter Ocean.