New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-12-27
BRADFORD TRADE
Effect of ReJised Tariff
Increased EFports of H'ooi.

fore Congress was the wool and wooiien
schedule. President Taft considered IL
necessary to reduce existing duties in
compliance with the party pledges EN-
bodied in the Republican platform. and
he was supported by many prominent
members OF Congress. who were con-
WINGED that those duties represented con-
siderably more than the difference be-
tween the cost Of production abroad and
the cost of production in America, with
a reasonable profit thrown IN.
The party leaders IN both houses wsrs
forced 20 admit that the combination e
wool growers In the West and OF WOOL
len manufacturers in the East was 20
strong that the revised tariff bill would
be defeated II they PERSISTED in the az
tempt 10 alter the wool schedule. No
change. consequently, was made in that
section OF the tariff. President Taft
could not veto the Payne Aldrich tariff
bill. when he considered IL, on the whole.
the best measure of the kind which the
Republican majority in Congress had
ever passed. He regretted sincerely that
the wool and woollen schedule had not
been low cred In the course OF one OF
his speeches delivered during the autumn
he described that schedule as THE one
important defect" OF the new tariff.
Bradford is perhaps the best European
manufacturing centre for observing the
effects of the unrevised schedule. While
not so large an export and import mar
ket for wool as London, il requires an
immense quantity OF raw material for
manufacturing. and controls prices for
the North of England. While it does not
compete with Huddlesfield in the higher
priced classes of worsteds, il supplies the
markets of the world with dress goods.
Innings and worsted coatings. and meets
the requirements of the readymade cloth
ing trade wherever the tariff walls are
not high enough to keep out foreign
goods
Bradford once had an enormous trade
with America, when the woollen indus
tries We're struggling for existence there
and were dependent upon support from
the tariff. That trade suddenly revived
when the Democratic party obtained con-
troll of both houses OF Congress during
President CIeveland's second term ard
enacted the Wilson tariff. with free wool
and low duties on woolIen manufacture.
II shrank again when the Republicans
altered the tariff in the interest OF WOOL
growers and wcoIlen manufacturers. II
has not been materially affected by the
Payne-Aldrich tariff. when. the single
section in which il is vitality Interested
has not been altered; and whatever i'm
provement there has bean in the volume
Of he Ta-
the increased activity of the woolicu
trade in America competing with il.
The shrinkage OF Bradford trade with
America during 1905 was SJ,49To9I.
The times were hard across the Atlantic,
and il was not until the closing months
of the year that orders came in and tho
high level Of 1907 was approached. With
January. 1909. Improvement began, and
this has continued throughout the year,
being most conspicuous in May, July and
October The increase in exports for
America for eleven months. ending with
November. over those of the previous
year was f1.7355T9. and the aggregates
shipments were valued at f3.S21, So
The bulk of this increase was wool
Il, O62.9 ops from January TO December.
large portion OF this consisted OF looms
and other appliances for the rianufact-
ure Of woollens and worsteds. The in
creased exports have indicated an en-
Iargcment of manufacturing in America .
rather than an expansion or recovery OF
British trade in what was once secure
market.
The principal exports of manufactures
in the Bradford trade are dress goods.
Innings and worsted coatings. The de-
cline in the exports OF dress goods dur
ing the first two months OF 1909 was not
made up by gains during the remaining
nine months, comparison being made
with 1908, which was not a good year.
In Innings there has been steady in
crease month after month with an ag-
gregato gain of tI50.i13 for eleven
months, and in worsted coatings there
has been another continuous enlargement
of shipments. with E74061 as the total
gain for the same period. The remain-
ing exports include yarns. cotton cloths
mchair goats hair. woollsn cloths. car
pets. leather. silk goods. jute waste and
other merchandise in small quantities
y IL CtHSuidI tttuiHSs dS y nave D6Sh
allowed to examine them through the
courtesy of Mr.. Augustus T.. Ingram
the American Consul who has brought
10 his new Office much practical tntelli-
gence and zeal. do not indicate sue
cessfuI assault upon the foreign n1sFksS
Bradford. instead of exporting Mans
featured goods, is sending raw material
and machinery u America.
There has been rising market for
wool and woollen goods in England. and
prices are now higher than at the open
ing of the year. The supply OF wool ~
not equal 20 the demand, and English.
Australian and Argentine sheep farmers
are getting better prices for II year by
year. No economies in factory manage
ment can make up for the increased cost
of raw material The wholesale dealers
I'm ready made clothing. who appealed 70
Congress last summer To reduce the
duties I'm the woollen schedule so as 10
enable them to obtain cheaper goods.
knew that wool was scarce and rising IN
value and that the prices OF woollen and
wOrsted cloths. with Innings and trim
mings would go Up with II. The Ameri-
can manufacturers were equally intelli-