THE WOOL INDUSTRY

Dominion, Volume 6, Issue 1718, 8 April 1913, Page 8

THE WOOL INDUSTRY

' . REVISION OF THE AMERICAN . , ■ . TARIFF. . . . 1 The; announcement that; the United .States-have practically decided to place wool on the free list should be v::ry v/cl-eonio-news to wool-growers in New Zealand'and Australia, as .'tho ' alteration nntst'-nieau a further -Market; for one o£ ;the most important of our products.' For years ; past efforts have been made to ■ allow'.'' of the freo admission of. wool to ..America, arid it would seem from' the .;cablo -advice last w'tck . that success,was at'last about t|) reward thoso ,ivho have advocated the clianse, as the Soiiato cau hai'dly do other than adopt a /proposal framed as a Ttsult ;nf -a coni'ereuoo betwwi President Wilson and the- :Ways and:'. Means Committee of the United'States-Ilouse of Representative.-;. According to 'tho. latest returns, tlio aniDUiit' of wool imported-into Boston, New York, and Philadelphia 'from the principal countries of production from 18'JS'.to 1911 has been as under,.mid for the. greater part of the time iu spito of the. tariff:—

- '"Total ' ... 2CJ.500 557,217 Tim al»ve figures would indicato that tho American 'manufacturers mnko tho Australasian markets tho cenlr? of their demand,' : Tho foregoing tables show the enormous consumptive demand for wool in America, .and as the production of the U.S.A. is, even under, tho protective tariff, on the decline, it-can bo readily understood what a large' customer for foreign wools Amorica wilt become when the protective tariff is wiped out.- In 1910 the production of -'U.S.A. ileeqo and pulled wools decreased by 0,7-17,9091b., and in 1911 the idecreaso.was.2,Bl4,Boolb. The general .feeling locally appears to bo olio .of gratification, at the' opening of a-new market. "Tho change will thro\V into the market a vast population which has hitherto been living principally on shoddy, stuffs," said one business man. Continraing, the gentleman in question said: "No matter who gets tho ' trade, tho,raw material must be obtained from New Zealand and Australia. Thoro is a natural annual increase each year in tho consumption of: wool, but if tho alteration of tho American' tariff becomes an accomplished fact.-thero will bo -an abnormal . increase..-,- 'I he increased consumptive demand will come from tho Ameri- ' cans being released from buying shoddy, but the development will probably be iu England, Germany, and iYauce, which will bo nblo. to take large!' quantities of wool in view of tho fact that they will havo a bigger- market. By losing protection, tho American textile trado will probably, suffer very severely at the outset, '.and if .tlio losses are sustained for any length.of time, tho probability U that there-will be such an outcry iii America, that the'tariff .will again bo raised.- The idea that American buyers will operate to any' largo V extent in tho colonial .markets does not seeni to mo very likely. Although' they -now pay big prices .for pal'tiOuMl' wool" they fancy, when buying generally they would want better prices, and they would have to competo against England, Germany, and France. ,At all events tho vast population Which will bo thrown open must liavo a. very beneficial | effect on Now Zealand." Another merchant expressed tho opinion that under a revised tariff a considerable, of log-stained and seedy North Island wool would iiud its way, to America. 'lindor tho protective tariff thqpAmericun donuntd was only for special/quality wools, but, with tho protection .reippvcd thoio -would.doubtless bo a-'domand for tlio lower-priced wools for blending with ,tho higher grade article. .Speaking "generally-the tariff alteration, must' bo very beneficial to-Now Zealand growers, as; the Americans aro very largo usora -.of ,wool, '-whilst at the same time their own' flocks are decreasing. " "'A-good thing is soon snatched up." ,'Tis an old proverb, but true, and it is because the "Anderson" Oil Engines aro gcad that so many farmers grasp tlio ojiI portunity of securing one. The smooth, easy running of the "Amlorsap" makes this engine the ideal power to drive Milking Machines. The engine requires so .little attention while running, that a tremendous amount of labour is saved. Thus the "Anderson" is not only a wageearner, but a'wage-saver nlso. Order an "Anderson" Oil Engino to-day and join thp ranks of tlio more prosperous farmer. Every "Anderson" Engine is niado in New Zeiilnnd. Anderson, Ltd., C'lirislcliurcli.— AdvU

Ye.il'. . . T.!;«. ' . .J89G •• 223',938,322 1807 33v,s.i,oia . 3S9S ...V...:........ ' 130,083,012 1899 75,498,031! 190 152,G63, £72 •" 1901"'"..;...'..' 101,518,521' • . 1902 ••162,243,110 . 1003" 171,991,458 • iuoi : 170,401,040 11)00 212,792,9o:i ••'•: 1906 .193,840,05.1 : M07 11)1,191,182 1908 118,21)8,301 1009 '253,587,920 ■1910 250,285,25:1. I', It'll 125,015,853 . . Tho following table gives thp number of bales; of wool purchased in London and Australasia .of late years for ' "U.S.A. direct. , London. Australasia. .Year ending Year ending ' : ' ' Dee. 31. Juno 30. .1008 40,000 < 136,013 ■ : 1907 . 67,000. •• -36,571 • ■1908., , 49,000. , 116,662 1909 89,500 . 137,491 .1910 ....■ 22,000 44.G30 19U;.'17,000: . 05,250