FACED WITH RUIN.
AMERICA’S WOOL INDUSTRY. DUE TO FOREIGN COMPETITORS. By Telegraph.—Press Assn.—Copyright. Received Jan. 7, 8.5 p.m. Washington, Jan. 6. Mr. F J. Hagenbarth, President of the National Woolgrowers’ Association, told a Senate Committee which is studying the Tariff Emergency Bill that American wool men are being faced with ruin from foreign competition. He urged the immediate enactment of a protective tariff to prevent the dumping of foreign wool in the United States. Mr Hagenbarth said Uruguay wool was sold at Boston for twenty cents a pound, while Western American wool only realised nine to fourteen cents, which was less than the cost of production. He declared American growers were liquidating their breeding herds in order to meet expenses. —Aus.-N.Z. Cable Assn.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TDN19210108.2.48
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Daily News, 8 January 1921, Page 5
Word count
Tapeke kupu
123FACED WITH RUIN. Taranaki Daily News, 8 January 1921, Page 5
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Taranaki Daily News. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in