Omaha daily bee., 1908-10-06
WOOL MEN TO VIEW SITES
President Gooding Heads Delegation
Visiting Omaha Thursday.
CONE no RECEIvE PROPosAIs
with Decision OF This Committee
Rests the LScatIon of the Na-
tionaI Wool Market
Omaha wants.

Headed bys President r. w. Gooding Of
the American Wool Growers association. a
committee OF five will visit Omaha Thurs
day 70 look at sites and receive the
proposition Of the Omaha Wool and Stor-
age company and the Commercial club for
locating the warehouse OF the association
in Omaha. Members OF the committee are
w. Scott Anderson, Boise, Idaho; Thomas
Austin, Salt Lake City; J. e Cosgriff,
Rawlins, wyo.; w. B.. Sleeper, Cody, Wyo..
and F.. II. Callister, Salt Lake City Others
who will come to Omaha are George 8.
Walker, secretary of the association; DR..
j. M. Wilson of Wyoming, Lewis Penwell
Of Montana, Dan P. Smith Of oregon. N.
s. Nielsen Of Utah and j. A. Delfelder,
president Of the Wyoming Wool W
association.
with the decision OF the committee rests
the location Of the big warehouse. It is
generally believed that the contest has mar
rowed down TO Omaha and Chicago.
The building of an association warehouse
means a revolution in the method Of the
wool barons in dlsposing Of the clip. 1t
means the elimination of the commission
men. spectators and professional buyers
who have gone to the ranges and bought
the wool returned to the east and sold 1t
TO manufacturers at immense profits.
II was Omaha which started the revo-
luton in the method OF buying and selling
and first made storage possible. 1t was
omaha business men who built the first
warehouse and Omaha bankers who offered
to make advances on the clips from the
ranges Of the west, thus providing the
growers with the ready money which they
got from the SPECTATORS and sold at a
sacrifice in order to get the money.
One Year Proves Test.
The one years experience convinced the
American Wool Growers association that
the Omaha method of storage was sound
and ii was proposed to erect a large stor-
age house which would hold an amount Of
wool equal to the entire clips OF Wyoming.
Montana, oregon. Washington, Idaho,
South Dakota, Nebraska and Utah-loo.ooo,-
900 pounds. 4
Then Chicago got in" and began bidding
for tile association warehouse. The CHI
cagoans even offered to. make loans on
the wool at less Than the market rates
for money. something which no sound
business man believes Chicago banks will
do.
Now it Is up to a committee Of the as
ISOLATION TO choose between the offers Of
Chicago and the conservative proposition
which the bankers and business mel Of
Omaha will offer. Chicago wants the
association to guarantee that O0,0OO,0OO
pounds of wool Will be stored; Omaha says
nothing about the capacity nor asks any
fixed size. Chicago makes an offer Of
CHEAP money" while Omaha believing
that there is no money in Chicago cheaper
than in Omaha, offers ALI the money
necessary at market rates and usual terms
for collateral loans; Chicago offers ten
acres Of "trackage property" somewhere
out of Chicago where a high switching
will be necessary; Omaha offers to sell
the present plant Of the Omaha Wool and
Storage company and tranfer the leases
TO abundant terminal property or the
tracks OF the Great Western road within
a stones throw of the business section Of
Omaha. and where there will be no switch
Ing charges.
nuaaha Nearer Markef.