The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-08-27
Lively Debate Ensues.

a vigorous debate
AS William II. Manss. commissioner
from Chicago. had informed the assembled
wool growers that the bankers of Chicago
would advance 50 per cent OF the market
price of wool upon all shipments 10 tnaL
city some of the sheepmen were in favor
of naming Chicago as the storage point
c. &. Stewart. secretary OF the btah
wool growers. and several others energet-
ically opposed hasty action
While ii was admitted by some or the
speakers that the Chicago proposition was
advantageous. il was. suggested tnat IL
would be wise TO secure definite pledges
from the bankers and business men OF
that city and from all the other cities
which have asked to be made the storage
center.
port of the committee.
AS some of the members Of the commit
tee were not able to spare the time 10
make the journey TO the various cltles
tHpt are TO be visited. and as it was nee
essarv to give greater power TO the com
mittee. it was decided TO authorize Presi-
dent Gooding to appoint a new committee
of six which. acting with one commits
sioner from each of the state wool grow
ers' associations. will have full power TO
prepare a plan for the national move
ment select a storage center and. III they
see fit. incorporate a company. TO be con-
trolled by the wool growers. which VIII
take charge of the details OF the move
ment-
Committee Has Power.
This committee will not have to report
at a future meeting of the wool growers,
hut will at once proceed with the formu-
lating and carrying out OF plans OF the
national movement TO eliminate the buy
er from the wool situation. so that the
wool growers may sell their products d.
rect to the manufacturers
II was decided that the committee or
six and the commissioners from the vari-
Gus state organizations shall meet at
some point to be hereafter selected so that
the tour of investigation to all the cities
under consideration as storage points may
be commenced not later than the middle
of October Denver will first be visited.
then St Joseph. Omaha. Minneapolis. St.
Paul and Chicago. 1t is probable that
other cities will be visited. but IL was
definitely decided 10 select western city
as the storage center.
The wool growers extended vote OF
thanks to the city of Salt Lake for the
hospitality with which they had been
treated while here; to President +. II:
Callister and Secretary c. b. Stewart of
the Utah wool growers. and TO President
Fred w. GOodng and Secretary George
n Walker of the National Wool Growers
association. for their efforts toward bring
ing the sheepmen together
Mr.. Manss' Promises.
1t is probable that il tne bankers and
business men of Chicago make definite
hedges to carry out the promises made
by Mr. Manss the wool growers viii Sc
iect that city as the storage point. Mr..
Nanss said that the Chicago bankers
would advance 30 per cent OF the market
nrice of wool upon the presentation of the
HRS of Iading showing that the wool had
heen shipped TO Chicago and that they
would advance an additional 90 per cent
upon the preservation OF the warehouse
receipts This would make total of 80
ner cent of the market price which the
growers would receive upon wool stored
in Chicago
Mr. Manss also said that at the meeting
at which il was decided to ask the wool
growers to make Chicago their warehouse
CITY. bankers were present who controlled
Continued on Page 2.