The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-12-21

sailing at Sl6,50. This Is said to repre-
sent fairly tho suit OF clothes worn by
/ the average American.
The farmer receives for the wool
In such suit s2.23, and his profit is
6s cents: the manufacturer of cloth
receives for his product S4.7s. and his
profit Is % cents; tho Wholesale cloth
Ing dealer receives for his product
$3.50, and his profit is s2.1s; the recall
clothing dealer receives $2S, and his
profit Is $3.50. Tho figures are a6Re-
cato.
Extracts From Report.
Extracts from the report follow:
The result of the raw wool inves-
tigation establishes the fact that It
costs more to grow wool in tho United
States than In any other country: that
the merino woods required in such
great volume BY our mills are tho most
expensive OF all woods produced that
the highest average cost OF production
of such wool In the world Is in the
state OF Ohio and contiguous territory,
md that the lowest average cost on
similar wool is in Australia.
1t is not possible to state in exact
terms the actual cost of producing a
pound OF wool, considered by Itself.
Tor the simple reason that wool Ia but
one OF two products of tho Same opcr-
alton.
United States. where about two-thirds
OF the sheep of the country are to be
found, the fine and fine medium woods
carry an average charge OF at least IL
cents per pound, interest not included.
THAT IL account Is taken of tho
entire wool production of the country,
iLc'Nding both fine and coarse woods,
the average charge against the clip
is about ~ cents per pound.
THAT in South Amoricn oorra
spending charge is between and 5
cents per pound.
THAT taking Australasia as a whole,
1t appears that 4 charge OF very few
cents per pound lies against the great
clips of that region In the aggregate.
While the board cannot therefore un-
dcrtakc to name an exact figure IN
that case. II il certain that tho Aus
tralasian costs at large fall materially
below the South American.
Method In Defective.
The board finds that the present
method OF levyinS the duties upon raw
wool Is defective in that II operates
ny reason OF the varying shrinkages
OF the different kinds of wool, TO pre-
vent the Importation OF many heavy
conditioned sorts. which. IL Imported.
would add substantially to the stock
or sound staple available for the man
ufacture OF wooden fabrics.
That there Is no valid reason for
the discrimination that now exists as
between the woods OF Glass I. (merino
and crossbred) ana Class H. (EnElish,
medium and lustre). and that these
two classes could properly be consol-
dated.
That tho present duty Of 33 cents
per pound on secured wool Is prohib-
tive. preventing effectually the impor-
sation OF clean. low-priced foreign
woods Of the lower grades. that woulu
be exceedingly use-::l in the manufac-
ture OF woolens In this country, and IL
80 used might displace in large meas
ure the cheap substitutes now so fre-
quenly employed in that Industry
Ihe fact that such cheap woods are OF
such heavy shrinkage that they cannot
be imported in an unsecured state en-
phasizes all the more the prohibitive
character of the present secured pound
duty.
That an ad valorem rate is open to
grave difficulties from the point OF
view of administration and revenue, In
the case OF crude bulky commodity
like wool. produced in many remote
regions. and finding Its way into the
markets through SO many various chan
nels Of trade.
That furthermore an ad valorem
rate would give q high duty per pound
the consumer most needs relief and
the producer Is most able to bear COM
petition With low price of wool,
the duty per pound would be low
that Is. at the time when the consumer
has loss need Of competing woods and
the producer is least able to bear COM
petition.
THE rates of Schedule K are based
upon the assumption that woods in the
grease shrink an average Of 66 2-3 per
cent. While It ia true that consider
able quantities OF wool do shrink, that
amount, the average Is we'll below that
inquire. Certain very heavy WOODS
grown at the South African Cape and
in certain districts of Australia, South
America and the Western United States
shrink as high as 20 to rs per cent.
Cost La Higher.
| The cost OF manufacturing wooden
! and worsted yarn and cloth in the
United States In much higher than in
! Europe. The main elements of cos,
of production are cost Of plant, ma.
terial and labor. The cost of erecting
and equipping both wooden and worst
ed mills Is much higher in this coun-
try than In England.
! The material Ia Increased In price
! by the duty on raw wool. Tho manu-
| facturer who imports his wool mus,
pay the full amount of the duty
WOODS grown in the United States are
| increased in value by the duty, but not
by the full extent OF the duty. Wages
/ are much higher in tho United States
/ but wages are In themselves no neces.
, sary indication of relative cost of pro.
J ductlon. Frequently II is found tina
high wages and low labor cost go to.
! gether.