Debate of Feb. 15, 1894.Subject: "Resolved, That the tariff changes in regard to wool and woolens as proposed in the Wilson Bill, should be carried out."
Brief for Affirmative.Albert Boyden and H. L. Prescott.
General references: Congressional Record and Professor Taussig in Quarterly Journal of Economics, Oct., 1893.
I. (a). The wool growers will not be injured: (1). The bulk of foreign wool comes from Australia and being of finer grade does not compete. (2) Wool of American grade is produced as cheaply here as elsewhere. (b) He will be benefited by greater demand for his wool caused by cheaper woolens, due to free wool of the necessary finer grade. Mr. Bell, Tex. Mr. Springer, III.
II. Commodities should be produced where they can be most cheaply, but granting that our woolen mills must be maintained, how much protection will afford equality of competition with European producers? (1) Free wool equalizes cost of raw materials. (2) Only other reason for protection is difference in cost of labor (not wages) and the bill more than covers this. (3) If he cannot then compete he should leave the business. Mr. Harter, Ohio. Mr. Warner, N. Y. Mr., Snodgrass, Tenn. Edward D. Page. Am. Cotton and Wool reporter.
III. To the consumer of woolens a large saving will be effected.
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