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Wool Growers' Mistake

Wool Growers' Mistake image
Parent Issue
Day
16
Month
February
Year
1894
Copyright
Public Domain
OCR Text

A petition was introduced into the Senate recently signed by 30,000 wool growers owning 6.000,000 sheep, protesting against the removal of the duty on wool. It was always so. All great reforms have been opposed in their incipiency by the very men who were ultimately most benefitted thereby. That the same will prove true in this case we have no doubt. Past experience establishes beyond cavil that whenever foreign wools have been allowed to enter this country at a low rate of duty or no duty at all, American fine wools have always been higher, and we can see no reason why this history should not repeat itself in the future. Wool is by far the most important article imported into the United States for manufacture. We do not grow to exceed one-half of what we make up. Now nothing is more certain than. that we cannot import foreign wools on which we have to pay a high duty, amounting in some cases on scoured wool to more than one hundred per cent., and compete with foreign manufactureer who get the raw materials free. Yet this foreign wool our manufacUirers must have. American wool Js never made up by itself, nor are the imported foreign wools either. The woolens manui'actured in this country require a combination of the two. It is claimed that there is not a spindle in America running on either alone. Now foreign wools cannot pay the enormously high duties which we impose except by selling for a comparatively high price in our markets. Our manufacturers must have the foreign wool and are, therefore, compelled to pay the greatly enhanced price resulting from the duty. They in turn must recoup themselves. This they do by charging very high prices for their product or by paying the farmer ess for his wool. The fact is that as it would not do to put all of the enormous duty paid on the price of their product or take it all out of the price of the farmers' wool. They divide it between the two. The result is, the farmer receives less for his wool and pays more for his woolens than he would if we had free wool. It would be a direct benefit, therefore, to the farmer to have foreign wools admitted free.

Article

Subjects
Ann Arbor Argus
Old News