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Wool

Wool image
Parent Issue
Day
16
Month
July
Year
1890
Copyright
Public Domain
OCR Text

Virtually the market is over in tlils Otate, wlth a much smaller percentage of the clip sold than usual. The principal reason bas been the unsatisfactory price offered. Growers concluded, In many intttudcc, wiukv tiioii ctiunccB of the future rather than accept current figures. liuyers ttiia season were not ao anxious to purchaee as a j eir ago. Many of thom had a severe experience then, and the resulta made them very conservatlve. All the wool clip season the inarkel has been in au uiisctiled state - always the case where legislation affecting values is in progresa. The hard flght made by the "free raw material" congreBsmen, and, tiie sinall majority of the protectionists, has resulted in keeping the tariff bill back muil its passage wil] be too late to help growers this season, except those who have held their clips. The "free raw material" men can therefore comfort themselvpü with the assnrance that even If tlie tarifl'bill doesbecome a law, American wool-wrowers wlll have no benefit froin it thib season, wliile their particular friends, In whose interests they always wirk, the foreign wool-grower and fore'sfii manufacturer, have protited largely by the loss sustained by American woolrowersaiid manufacturen. It is the uusettled state of tbe woolen goods markets, resulting from the enormous importations of woolens brouglit in to save the duties before the McKinley bilí becomes a law, whicli has made tbe domestic wool markets so dull and llstless. And this condition is very coolly attributed by certain individuals and newspapers to tbe McKinley bill. whicti bas not yet bccome a law ! Nuthing like cbeek and assumptiou

Article

Subjects
Old News
Ann Arbor Courier