AMERICAN ITEMS

Hokitika Guardian, 27 July 1922, Page 2

AMERICAN ITEMS

AUSTRALIAN* AND N.Z. CABLE ASSOCIATION

U.S.A. WOOL TARIFF

WASHINGTON, J'Jy 23 • The Senate continued all day the battle over the wool schedule in the Tariff Wadsworth said he did not complain at the 33-cent duty on fine wools, since this was only equal to a 33 3 per lent. rate, while the proposed ad valorem duty on the coarse wools would mean a 82.5 to 83 3 per cent rate. The rich man’s clothing, theiej. ,e would only he increased o<» per cent in price, while the poor man s clothing would he raised by <o to lOU per cent. Senator Wadsworth declared the woollen industry one of great liupoitanco, mid it should he protected; but there was very little coarse wool produced mi the United States. He added that the proposed new duties would arouse the animosity of millions of tnose. not engaged in agriculture, resulting in revulsions of feeling, bringing the destruction of protection for the farmer. Senator Wadsworth concluded that the interests of the wool users in the United States were more important than the interests of wool raisers.