The Columbia herald. [volume] (Columbia, Tenn.) 18??-1935, 1918-05-31
GOVERNMENT TO
HAVE CLAIM ON
1918 WOOL CLIP
WAR INDUSTRIES BOARD FIXED
PRICES AND SET OUT fEGu-
LATioNS FOR MARKET.
APPROVED DEALERS NAMED
Nal. Rutledge Smith Explains Plans
OF Governmcnt--Growers WIN be
Allowed to Pool Their Clips for Car
load Shipments.
Special to The Herald.

Special to The Herald.
NASHVILLE, May rs The Federal
government is to have prior right to
acquire all of the 1918 wool clips. or
any portion thereof which II may re-
quire.
The War Industries Board has fixed
prices and set out regulations as to
distributions Of the WOOL
Prices as fixed range from $1.S5 in
Ohio, Now England States, New York,
Pennsylvania, West Virginia, Ken
lucky, Virginia, Michigan New Jer-
sey, Delaware and Maryland, down to
SLOT.
For Georgia and Lake wool and
other Southern woods the prices are
$1.25 to $1.2O.
For Territory wool the range Is
from $3.50 down to $1.03.
For Texas $l.75 is the maximum
and $1.f0 the minimum.
For California the price ranges
from $40 down to $40.
In circular sent out by the Wal
Industries Board 1t Is said that 'The
necessities of the Government at this
time are such as to require the USE
of all existing exegencies for concen
trating wool near the leenters Of con
sumption. Therefore all the wool o.
the 1918 clip must be distributed
Through approved dealers in approved
centers of distribution.
Approved dealers are those author
lied by the war Industries Board. ant
will be located in the distributing
centers. They will be dealers who
buy direct from the growers, through
agents, or from country merchants,
also those authorized by the War In
dustries Board, and who buy direc
from growers and resell Or consign tx
the dealers In distributing centers.
/ Explaining the operation Of thu
government prices for wool, the cir
cular says. 9Ft'l taiss5 iii sR
Approved dealers In approved dis
tributing centers will be required I,
open ana grade all their purchases b
consignments as rapidly as possibl,
after the arrival at points OF distri
button. Prices on an woods, as SCOT
as graded, will be fixed by a govern
ment Valuation Committee appointed
for that purpose in the different dis
tributing centers. Prices to be pait
by thin the Government at distribut
ling centers for such wool as. it ma.
1 require are to be those established al
! of July 80, 1917, at the Atlantic Sea
board markets.
In addition to said prices, the Gov
4 eminent is to pay a further sum equa
i to 4 per cent OF the selling prices tt
cover compensation or commission t
approved dealers for their services II
collecting and distributing the wool
4 TO eliminate the possibility o
/ profiteering the Government will re
quire that the books Of approved deal
ers shall be at all times open t
government inspection, and IL it b.
found that their profits, including tn
commission mentioned CA per cent
are in excess of 5 per cent on the sea
sons business, then such gross profit
shall be disposed Of by. the Govern
ment.
Country dealers will also be re
quired to keep their book open to Coy
eminent inspection.
| Clips Of under 1000 pounds may b
sold by the owner. but, the Boar
says, the buyers of such clips mus
recognize they are entitled to onl
/ a small profit, not to exceed cent
a pound.
| Manufactures are prohibited fron
buying wool except in the designate
4 distributing centers, and then onl
with the permission and consent Q
the government under such reguls
! tons as the Government may make.
/ Dealers, both In approved center
and In the country, must have permit
from the War Industries Board, bu
may begin business Immediately !
accordance with the Government rel
ulation. pending application for an
granting of permit to transact bus
ness.
Maj. Rutledge Smith. chairman {
the State Council OF National Defens'