The New York herald., 1922-08-05
Lenroot's Defense.

Senator Lenroot, with whom Senator
Harrison had been having intermittent
debate, obtained the floor. finally, and
he condemned the Gooding resolution
as impractical He said IL would re-
quire two years at least to complete.
and that 1t would cost the taxpayers
many millions of dollars.
Senator Lenroot defended in a sense
the action of the sheep raising Senators
in voting high duties on wool. declar-
ing that in so doing they merely We're
representing the sentiment of the peo-
pie of their States.
Il do not believe that these Senators
have been influenced one iota," he said.
'by the fact that they themselves are
IN the wool business
Senator Lenroot charged that the
Democrats. insisting that the investiga-
tion proceed, were playing politics. pure
and simple. and that the whole purpose
was to inflict the tariff bin, with its
present high rates, on the American
people. He declared that the daily dis
cussions OF the rates OF the floor, with
the accumulation of new evidence. has
tended to improve the bill and that the
Democrats are fearful Of losing a good
campaign issue.
Senator Harrison in his speech had
referred TO a wool pool in which Sem
ator Gooding had been interested. read
ing a newspaper account that Senator
Gooding was one OF the several who
had taken part in a pool which had sold
a million pounds OF wool at 80 cents
pound Senator Gooding. therefore,
took the floor to explain the part he had
in the transaction.
1T has become the custom in this
country to organize wool pools" he ex-
planned. That custom exists not only
i'm the Western States, but in practically
all the Eastern States. This has beel
brought about by the fact that those
who buy wool divided up the territory
and there was no lonse- any competition
between those who were in the wool
trade. The wool growers Of he West
were al the mercy. IL you please. of men
in the business. who combined together
and divided the territory so that there
was no competition in the wool market
at all.
"The WOO. pool that was organized
at Chiichote, Idaho, and in which the
press say that i was financially in
terested. was a wool pool that l under
stand covers about a million pounds o.
1 wool of the different wool growers !
| was one OF the sheep owners in thar
| pool I knew nothing about il. The
| wool sold for 50 cents a pound, and the
I next day another pool was formed in tire
I reighborhood. where my hocks, what
few / had. were feeding. and was soil
| for 81 cents pound.
.The wool pool in which I was in
terested got the smallest price paid for
wool In ,he West this Year tina. through
the pooling they finally succeeded in re.
\ ceiving as high "A price as 3S cents Z
| mound on wool. and I was unfortunate,
4 through the kindness nf brother who
| thought he was doing me good turr, 10
| have my wool go In with his pOol in q
neighborhood practically fifty miles
away from where my sheep were being
ranged, and l lost something Ike s10c
or $500.
'For two years was out OF the sheep
business / thought | was through own
ing any livestock. as far as that Is con-
cerned. Then came the great crisis
which swept over the country. brought
about largely by n Democratic admins
tration. who never made an effort TO
\ bring the country down by stages, as
I did England her agricultural interests,
and as was done over In Australia but
with n smash and bang they took Off
all control they had OF farm products
and did everything they could TO debate
farm products, with the result that 1t
practically broke and paralyzed the live
stock industry OF the country. ! was
unfortunate enough to have to take back
something like $4,000 IN which J am
now Interested
stanley ON Other Crimes.
senator stanley (Dem.. KY Mt
tempted 10 add 10 the Republican em-
barrassment by urging the adoption Of