AMERICAN WOOL.

Southern Cross, Volume 1, Issue 42, 13 January 1894, Page 12

AMERICAN WOOL.

The prospect of free trade in wool is creating - a commotion among - the woolgrowers of the United States. The American Sheepbreeder of Oct. 15 contains a report of a meeting of woolgrowers held at the World’s Pair, at which resolutions affirming the necessity of protection to the woolgrowers of America were strongly urged. At the meeting it was stated that the requirements of the United States amounted to 600,000,0001 b. of wool per annum, of which the country produced only 300,000,0001 b. Several speakers maintained that with protection the country would produce all the -wool required, but it was not explained why under protection it had hitherto failed to do so. The cure for the present depressed condition of the wool trade, according to one speaker, was not to admit wool free, but to impose an additional five cents per pound duty, in which case all the wool that was needed could be raised in the United States. By doubling the number of sheep it was pointed out that so much more hay and grain would be required, which would be raised in the country, and a larger area of land would be brought into profitable occupation for grazing sheep.