Elmore County Republican. [volume] (Mountain Home, Idaho) 1910-1915, 1910-06-25

Justice, Bateman & Company.
Wool Commission Merchants,
Philadelphia, Pa.
June 10th, l9lf
To the Wool Growers of the
United States.
We desire to submit the following
facts for your consideration:
The National Association of Cloth
ing Manufacturers, at their annual
convention at Baltimore, have not
helped the wool situation. President
Marks, as the Chairman of the spe-
cial committee on tariff, is reported
to have said:
President Taft has stated that
1.-The one serious defect in the Payne
Aldrich Law was it's failure to make a
revision of the wool tariff" "Your
Committee is impressed with the
fact that the duties on wool, and the
compensatory duties on cloth, must
be lowered in response to popular
demand from the American people.
Your Committee would not advocate
putting wool on the free list, but be-
lieve that some conservative sched-
ule, giving a fair measure Of reduc-
tion on ra W material, with cores
pending reduction in the compensa-
tory duty on cloth, and In the duty
clothing, will not work hardships to
any branch of the trade, but will con-
serve the best interests of the industry
as a whole. Extreme or radical change
in the tariff are almost certain to bring
re action, just as insufficient and in
adequate measures keep alive unrest
and agitation, and we are firmly con-
yinced that the tariff on wool and
woolens can be settled for years to
come If all parties interested meet tn
existing situation.
The unrest and the agitation al
luded to already ha precipitated a
further fall in wooden prices. Their
claim for reduction was presented in
the Senate by their champion, the
Hon. Robert M. LaFollete from Wis
Hon. Robert NJ LaFollette from Wis
X. (wool and woolens) will be remem
bered by the wool growers.
The loss to the wool growers on
the 1910 clip was estimated In May
al $15O00,0O0, but at this date 1t
has reached more than $20,O00,000.
This estimate Is arrived at as fol
lows:
The 1909 yield of clean American
wool was 142,223,7S5 lbs, which at an
average value of 621ac yielded the pro-
Queer $SS,SS9, 1865 estimate of the
Natl Assn Of Wool Mfgrs). The
same amount of clean wool in 1910
at today's value is only $67 ,561 ,049
loss to the farmers whogrow wool
of $2l ,32s,s16.
This Is the loss to the farmer on
the 1910 wool crop alone. The shrink
age in the value of his unused wool,
as we'll as that carried over by others
from last year, including loss on yarns
and goods made from the same, is
estimated at over $20,0O0,0OO more,
so that the total loss to the wool
growing and wool manufacturing bus
mess, resulting from the agitation
of further reduction in the duties
upon woolens, already exceeds a total
Of $4,000 900, and no man can tell
where this shrinkage in value is to
end.
We do not hesitate to charge the
blame for this unnecessary and un-
warranted loss upon the agitators for
further tariff reduction, led by grou
Of Congressman who are known as
progressive VI iuSuI 6cltS. NV
other cause for the panic in wool
prices can be found, as foreign mar
kets are rising. Their opportunity
for harm Is increased because they
were elected as Republicans and
Protectionists. They vehemently
claim that they are still Protection.
lists, although by their conduct they
are benefiting special interests
which are antagonistic to their farm
Ing constituents. Among these spe.
cial interests are the wholesale
manufacturers, the importing
Interests, the foreign Steamship inter.
ests, and the interests Of the manu-.
lecturers Of Europe employing the
labor OF Europe. The spe-
cial interests Aldrich and Cannon
favor are the farmers of America VIII
grow wool, and the employment OF
labor in prS active industries.
These Cd l,ressmen are aware that
to reopen the tariff for revision
would subject the wool growing and
wool manufacturing industry to the da
ger of destruction, for they stand or