AMERICAN ITEMS.

Hokitika Guardian, 11 December 1920, Page 3

AMERICAN ITEMS.

CLAIM FOR ASSISTANCE. (Reuter's Telegram. < WASHINGTON, Dec. 10. Wool growers and manufacturers appeared before the Congressional Committees and asked for an embargo upon the importation of wool and sheep until tlie tariff can be revised, giving American dock owners adequate protection. The representative of tlie National Woolgrowers Association pointed out that woolgrowers were being ruined by importation of wool and meats, and unless something was done immediately western tlock owners would universally be bankrupt. He added that 996 million pounds of wool, enough for two years’ supply, was now stored in United States. Argentinian wool of certain lower grades, was selling here for less than American growers can market their product. He estimated that 95 per cent of tlie present year’s American clip is unsold. ~clier woollen merchants point out that foreign wool and meat products are being dumped on American markets due to depreciated exchanged, which make the operation profitable. They suggested the tariff should be revised, taking into consideration exchange. Manufacturers of cutlery, also appearing before the committee, declared Germany was virtually driving out American cutlery from American maikets. United States factories were virtually at a standstill, as German products were selling below American manufacturing cost.