Franklin Repository, Volume 3, Number 18, Brookville, Franklin County, 3 May 1828 — Page 2

SATURDAY. MAY 3. 1828. We are authoriszed to announce the Honorable OLIVER H. SMITH, as a Cardidat t represent this (the 3d) Congressional District, in the 21st Congress of the United State? We are authorized to announce the fol. lowing gentlemen as Candidates foi Sheriff r.ttiiG next August election. JOI1NKOOP, r.EN.IAMIN S. NOBLER THOMAS G. NOBLE, ARNER M'CARIY. ANDREW S. BAB BET. We are authorized to annonuce the follcrw.ing gentlemen as Candidates for Coroner, i.t the next August election. V ILL1S E. FROWN, . JVMES BLACK LIDGE, J MES JOHNSTON, JESSE PYLE. EXTRACTS CONTINUED. In our last extracts, and the re. mark9 upon them, to which were ap peitdel the woollens bill reported by the Committee on Manufactures, now pending before Congress, and part oi 3ir. Mallary's speech upon it, while under discussion in the house of represensciitativee, in committee of the wholejt was made to appear that the tariff of 1824, had given no protection, and worse than none to our woollen manufactures; that the influx of foreign woollens into the American Market, together with the fluctuations produced by the irregularity of that influx, had produced the de pression in the domestic woollen tradp that no other than specific square yard duty can possibly give the needed, saving protection, and that if so protected, our own manufacturers would be fully able to supply the whole demand for home consumption, and at the lowest rates. As we suggested at least a strong suspicion t;f mail deign against the woollen nnmiat tuiing interest of the United States, in the committee, in drafting the bill, we feel it incumbent on us, now tc show sufficient reasons for it. This we shall do, by extracts from the evidence before them on the subject of domestic wo d growing, and the character of the hill in relation to the duties it proposes to be imposed ou imported wool. It musi be clear to every man, who reflects for a moment, that while the wool growers of the country cannot ful ly supply the manufacturers with the raw material, to impose such duties upon the foreign article, as would imrr.e diately exclude it from the America-, market, must necessarily prevent tht manufactories from going into full oper. ation; in consequence of which, a por tion of the capital invested in them, Tnu?t remain dormant and unproductive, and that the duties proposed by the rnmmillpc. to be imposed on foreien wool, would produce that effect, will be seen by every one who has the slightest knowledge of the subject; and that a full Btipply cannot be immediately, and prob ably not short of several years to come, furnishsd by the wool-growers of the Unite d States, is sufficiently clear from the general test c:ony of the witnesses examined before the Committee. It musi be t qually clear, that, admitting the cer t inly of an immediate domestic supply, it the duties upon foreign wool are such as to cxi lode it from our market, while th.- samt' extent of duties are not impo ed upon foreign woollen fabrics, it at once arrajs an additional force against t!ie interest of the manufacturer, so tha' hi interest would have to struggle a giot, instep of but one, ns he now has. two the domestic wool-grower acd the fueien manufacturer. But if any thing further ho r.rcosaiy, to prove the maldoSu of the committee against the woolen maulaet'.rie?, it is their preposition to in p -se prohibiting duties upon a class rf wool, widen is net low, and prrhap' never wiil be, produced in this country; or at lr:ist not fi r many yt.ars to come: and for hirli there is as great, or gieat d.MJi iiiJ, than for any other one quality bcsi los; and against the call for a du'y on which, the witness? gave th::i cecsaea - I A at A It nrn 11 I- -r n I loadmnnr r. -

will be seen from (lie extracts which follow; and without a supply of which, as was also sufficiently proved, a number of factories must suspend their operations. It is unpleasant to us to be compelled, by the decisions of our own judgment, to impugn the motives of men clothed with authority, but when stubborn facts and the public interest urge.it upon us, we shall never shrink from the duty. TESTIMONY IN RELATION TO WOOL, Hon. Aaron Tuffts, a wool grower, oroning about 500 sheep, of the finest wooled, was interrogated, and answered as follows: "Q Has wool depreciated materially in pncfc, wi'.hin the last three years? If so, Jo what is the depreciation to be attributed." "A. It has depreciated very considerably I attributate the depreciation to the low price of woollen goods.1' "Q,. Are you apprised of the fact, that large quantities of wool are annually imported; and does not this tend to depreciate the price of domestic wool?'' "A. lam. I do not think this tends in the least to depreciate the price of domestic wool. The reason I assign for this opinion, is, that the manufacturer now pays so high a price for wool, as to render his business unprofitable and bad. and, in consequence, if none was imported, we could nay no higher price." "Q Is there as much wool grown ia Massachusetts, as i consumed in the woolen factories in that State? If not, what proportion of the whole quantity do you hink is imported, and woat proportion is irown in the State"' "A. All the wool-growers in Massachusetts, furnish but a small proportion of what is manufactured in that State. I think fully one fourth of what is there manufactured, is imported The State may furnish one twelfth, but this is a mere conjecture, as 1 have already stated, the oriocipie supply is from the neighbouring States " "Q. Js it, in your opinion, important to the Farming interest of your State to discourage the importations of foreign wool ?" "A. It is, in my opinion, of no conse qtience, unless you can enable the maouiacturer to furnish the farmer a market.1' "Q From your knowledge of the differed q talities f wool used by the Ami rican manufacturers, will foreign wool connag abroad 8 cents, and under, corns in t-ompetilion with domestic woolf "A I should think not " The witness here piesented to the committee several samples of wool With the ollowing explanation; cents

Ttarbary wool-prent price in Boston, 6 per lb 1 Smyrna, do, do. 3 do. do. di. Russia, do. do. AdnanoDle do. do. 12 9 1-2 13 12 14 Toe Russian sarrp'e and No 1 parcel of Smyrna, he tainks have been washed -the others not. James Shepherd, a wool-grower, whose Jlocks consist of from 1,200 to 1,400 ex amined : "Q Has wool depreciated materially in price, within the last three years? If o, to what is the depreciation to be attributed "A. It has depreciated in price during that time. In 1825, I soid my wool to the fictory at 75 cents per pound In IBM, sold to the same at 62 I 2 cents per lb.; nd,in 1827, I sold in the B too market. t 55 cents per pound The wool was well washed, and in good or 'er. and shorn rom a mixture of some Saxony, some oil blooded merino, k some cross breed, constituting on the whole, as good a flock i as anv in the countrv. This depreciation in , the price ot wool has been occasioned, I i holioir hv a diminutinn in the nrice of j i cloths" "Q fs it, in yonr opinion, important to ihe tarmma; interest cfyour state to dis courage the importation of foreign wool?" "A. I do not think it is." ,4Q From your knowledge of the different qualities of wool, used by the A inerican manufacturers, will foreign wool, costing abmad 8 cents, and under, come into competition with domestic wool?" "A. No, it cannot." Wll inm Phillip, a wool-grower, whose Jlocks consist of from 6 fo 700 shetpe-xam' ed: Q. Has wool depreciated materially in price within the last three years And, if so, to what is the depreciation to be attrhnted?" 'A It has depreciated, and I attribute it to the low price of cloths." "Q. Are you apprised of the fact, that large quantities of wool are annually imported? And does not this tend to depreciate the price of domestic wool?" 'A I am aware tbat large quantities of wool are imported; and it must have a decided effect on the price of wool grown in this country. But until cloths sell better, we could g'vo no mora fcr domestic wool thau we now pj re ; yetjthe manufacturers, generally, Wsnld consume a much greater q nntily of dmirstic wool, if there was a sutftcient supp'.V aud if there were uo importations of foreign woo!." Nativa wool, as testified by all the witnesses who wer8 interrogated on the subject, does net command more than fiom twenty, to tweaiy-tive cects ptr pound.

There appears to be some fticongrui-

ty in this part of the testimony, and 4 quite a useless number ot its. for u me manufacturer cannot give a higher price for domestic wool than he now gives, we have not sagacity enough to see how the importation of foreign wool, to any supposible amount, can "have a decided effect on the price of wool grown in this country;" for it is clear, that wool must remain at its present depreciated prices, or, perhaps, sink lower, except the dome slic maiket, should be improved. We would not be understood as doubting in the least, the witness' eiiiCtritj, but the consistency of his views. 'Q,. Is it, in your opinio6, important to the farming interest of your State, to discourage the importation of foreign wool?" "A- 1 think it is important to the farm ing interest of New Totk, to ducourage the importation of foreign wool '' 'Q. Could you afford to pay the farmer a higher price for wool, should the foreign fabric be admitted into our markets as it has been for two years past?" "A I, could not Abraham Marland,not a wool-grower in terrogaled t c,Has wool depreciated materially in price, within the last three years' And, if so, to what is the depreciation to be attributed " "A. It has depreciated in price; and the reason I would assign, is, that the large importations of foreign woollen goods have reduced the price of ctoths, aod disabled our manufacturers to pay higher prices for the article. We have always paid as high prices for our wool as we could afford ' "Q. Are you apprised of the fact, that large quantities of wool are annually imported? a-id does net Ibis tend to depreciate the price of domestic wool" A. I do nut think that any imported ttool comes in competition with the wool I use at this time. I formerly bought, for the same use, wool imported from Jutland, until the same kind of Amercan wool fell in pr ce There is now Jutland wool of the same kind in the Boston market, which dojs not seli readuy ; but I think tbat the importation of this Jutland wool assisted to redoce the price of American, and that this would again be purchased, if American wool of thia kind should rise in price. If it does not, I think this Jutland wool will remain on hand. I should also think there are other kinds of wool imported, which come in competition with some kinds of domestic wol.M Is if, in ynuropiuion, important to the farming interests of your State, to dincourage the importation of foreign wool?" "A. I should think it was a matter of interest to the farmers of my State, But, at the same time, I should tbhik it important to the country, that a corresponding doty should be imposed upon imported wooden goods ' 'Q. Could you afford ta pay the farmer a higher prir.e for wool, should the foreign fxbric be admitted into our markets as it hs been for two year past '" "A. We could not under the present duties.' IVilliam W. Young, a wnnt grower, whos flock consists of 1 50 head of Merino sheep examined : Has domestic wool materially depreciated in price within the last three ypar,? If yea, to what cause do you attribute the depreciation ?" "A. American wool has certainly depreciated in price, and the cause I ake to be the want of demand, because the manufacturer cannot buy." "Q,. Is it important to the farming interest of your state to discourage the im portation of foreign wool?" "A I do not tbink it important to the farming nterest of the State of Delaware to discourage, at present, the importation of foreign wool, although it may be so in future." UQ Do you believe that laying a considerable duty on imported wool, would be injurious to the woollen manufacturers near the sea ports?" "A. It would be injurious, unless they are protected,1- but, if they r perfectly protected sa as to give tbem tha whole market, it wculd be of no consequence what duty was imposed on wool." . Ifilliam R. Dickinson, wool grower, whose flocks of sheep consist of between 3 and 4,000, (his partner having as many more) examined : 'Q. Has domestic wool materially de predated in price within tbe last three years?' If yea, to wbat cause do you attribute the depreciation?" "A. It has depreciated materially, 'and particularly the finer qualities. I ascribe the depreciation to the large importations of tore gn woollen goods, St foreign wool, also, to the depression of tbe woollen business in El gland, and to the increase of woollen manufactures in countries other than England, including our own. speak more particularly with reference to what ! thirk has affected iho price of wool in my section i-f cor r-'-f - " Here we are ' gain puzzled to understand the witness; for, for the life of us, we cannot understand how it is possible, that "the increase of woollen manufactures in countries other than England, eluding our oO," should produce .

deprecTatW'in the prtce of wool, either in America, or any where else, as it must certainly increase,-in an equal ratio with a demand for the raw mateiial. The witness, however, may have understood himself, and the . committee may have understood him likewise. We ?ay, as we have said in another case, we do not doubt his sincerity, and we would be so understood in all subsequent cases. "Q Is it important to the farming interests of your State, to dicoarage the importation of foreign wool?" 'A. In my opinion it is important, by laying an effective duty upon foreign wool len cloths, and foreign wool; and without such a duty upon woollen fabrics, an increased duty upon' wool would be of no benefit to the wool-growers of our State " "Q, Car. the American manufacturer arlord to pay a bigbpr price fr domestic wool, than that article now demands, while tbe present price of cloth continues'" A I thhkuot Q Does the importation of foreign wool tontribute to depress the price of dome t c wool in oar markets'A It certainly does, in a great measure, inasmuch as tbe quantity of any article in tbe markst, and the damand, regulate the price." But where is the demand," above the present depreciated prices? there is none. And the witness himselfulhinks'' that, the "American manufacturer cannot afford to pay a higher price for domestic wool, than that article now com. mands, while the present price of cloth continues," which, we need not say, re t ults from the glut of our markets with foreign woollens. How then we would ask, in our turn, does "the importation of foreign wool contribute fo depress the price of domestic wool," when, were there not a pound of foreign wool in the market, the manufactuter, by purcha sing at the present depreciated price, looses money on every pound he manu factures. No, there is a dead set at home, upon the price of domestic wool, attributable thus far, solely to the non protecting duties on foreign woollens. The single fact, that the witness himself has I st $8,000, and others, come 10i some 15, some 20, some 26, some $30, 000, and all the manufacturers of wool, more or less, and several, the whole of thair active capital, at least, sufficiently proves that the witness is mistaken in the supposilion, that "the importation of foreign wool does contribute to depress the price of domestic wool in our mar kets;" for the losing manufacturer, would never have submitted to the sac' rifices he has made, if he could have prevented it by taking tbe advantage of a redeeming competition between do mestic and foreign wool, in the home maiket. The truth is, there has never been a time, for the three past years, when the manufacturers have not paid a higher price for wool, whether domestic or for eign, than either prudence or economy would have warranted, upon any other consideration, th;n the hope of obtaining protection against foreign manufac: turers in our own market; as is fully evident from the whole body of testimony t;iken before the committee on that sub ject; so that, with an almost constantly increasing depreciation in the price of domestic wool, (he w ml-growers, of the two, have held the most commanding position. When full and complete protection shall have been given to'tbe woollen manufacture of the country, and it is ascertained that our wooI-grower are able to furnish an adequate supply of the raw material, then, and not till then, we should say, shut the door of impor tation against every pound of foreign wool; and until that event shall take place, let increasing protection travel side by side with the increasing supplv, until it arrive at that consummation of the wool-growing interest. But to return to our extracts. Q. Do you believe that laying a considerable duty on imported wool would be injurious to the woollen manufacture! near the Sea rert?' "A. I think it would be a serious disadvantage, unless corresponding protection was given to the manufacturer; but, rtbctslmu dh doi.-, ttmiovuy would be temporary. In fhe West these aiierationa felt"." D0t ,n "7 opinion, be so much Abraham Schenek manufacturer, but not a uool grower, Exattdned.

''O tlaa i)im..i:.' t ,.. . lrr.cl.

yearf IF yea, to what cause ca )CU &, tribute the depreciation ?''

"A. It has depreciated ir price mnteri, ally; and the reason I assign is, tlut the low r.rice of wool in foreigu markets, en. able tbe foreign manufacturer to send bis manufactured articles into our markets at a lower price than formerly; and aha to send foreigo wool at a lower price tbaa domestic wool ot tne same quality fcj, been selling at. Q. Are you in possessioa of tbe fact, that coi siderable quanties of wool areiia. porieur A. I know there were large quantities imnnrted last vear. ' 'Q. Is it important to tbe farming ia. terest of your State to discourage tbe u& portation of foreigu wool?" "A. I think it would be." "Q Can the American manufacturer afford to pay a bigber price for domestic wool than that article now commands, while tbe present price ot Cloth contin. ues?" "A. No; he cannot afford to pay the price now asked for it ' Jams Woleot Janr. of Mass on ttwm inat on gave his teititnony so nearly rtr baUrn wdh thai of th e las itilness thai t? 0rait to extract it. Jama B. Brown manufacturer, exam-nerfj "Q Has wool materially depreciated in price during tbe last three years? If yea,' to wbat i9 tbe depreciation to be attributed And is.it owing in any meterial dagree, to importations?'' "A W oolia considerably lower than ia 18 -'5 7'hrre are two causes, One is tha depreciation of the price abroad, and toe 01' ?r the unprofitable condition of tha r .jllen manufacture at home. It is ia part owing to importations, because, if there were none imported, it would ta something h'ghtr, uniesstne manufacturer could o t buy at ail." This is going largely upon the pre sumption, that the manufacturer wou'.d continue- to buy, so long as he has a dollar left to buy with, though, by buying, o. bliged if he did buy, to buy at a much greater sacrifice than he now buys. We happen to be ofa very different o pinion from this witness; for we believe that the American manufacturer n.xlg that he has played the losing gime long enough, and that if his losses were to be increased by purchasing and man. ufacturuig woo, he would purchase no more. To return, Joshua Clap manufacturer examined. "Q. Is there a sufficient quantity of domestic wool grown in tbe United States, to supply the wult nf the dorccstir manufacture ?" "A So far as Tarn able to form an opinion, I do not think the quantity gronu is sufficient "Q. In wbat Sections of the country is the domestic wool grown tbat is sold in B sioti market?" "A It is grown in Vermont, Mtssachusetts, Connecticut, New l'ork, Pennsylvania and Ouio. Considerable quantity bave been received from tbe latter Stale of late years." "(J Has domestic wool materially de precite.d iu price within tbe last tiir-e years?' If so, to what do you aftributl Infi uepreciatunr' -A. The price bas fallen: and I attri' bute the tact to the embarrassed State of tbe manufacturers, and to tbe imn rtatwB of foreign wool. I tbink tbe diminul o in price bas been about S3 13 percent." Q. If foreign wool should be excluded, would domestic wool bring a better price, ii ioreign laoncs are admitted under tot pieietit duties?" A. 1 should think not " "Q. Do coarse wools costing under cents per pound in foreign markets, couiP in competition with any kind of domestic wouir" "A. They do not 'Q. Do you kuow of any manufactur ing esiaoiistiment uswff exclusively th coarse foreigu wool; and what kind oi taDncsdo thy produce?' "A. I know of one establishment af Cantcn, Mss which uses tbat wool exclusively, and there mav be others. The cloth which they make is called and know as i egro cloth. "Q. Do you believe that laying a con eiaeraDie duty on imported wool would he in jurious to the woollen manulacturer nean the Sea ports?" . 'A 1 do not think it would affect biro, as to purchase: because, at the present price of fabrics, he would not buy it m aii. This is coming undssguisedly to the point in hand the point for which w contend, (viz) that to impose duties up on foreign wool for the purpose of pro4 tecting the domestic article, would no only be useless to the wool-grower, bud ruinous both to him and the manufaf turer, while the manufactured artic'4 remains unprotected, for if the lattc would not buy the former could not&ek and both must go down together. Further extracts of the same chara ter as the foregoing, might be ma from the minutes before us; but, as n have already taxed the readers patienq too high, and furnished' a sufbxie

weight of evidence, both in kind M