AMERICAN WOOL INDUSTRY

Hawera Star, Volume XLVII, 24 September 1928, Page 5

AMERICAN WOOL INDUSTRY

LAND AVAILABLE FOR) EXPANSION. United Press Association —By Electric Telegrapn - Copyright.) (Australian Press Association.) NEIW YORK. Sept. 22. Comparing the position of wool in the United! States under the Underwood and) the Eb-ndney MleOumber tariffs, Senator Charles Curti-s, Republican nominee for the vice-presidency, said in a political address at Hard-in, Montana, to-day that imports of clothing and wool were more than -fifteen times less in 1927 than in 1921. He said- the arguments that the tariff increased the cos':- of American clothing were groundless, and he saw- no reason wily the excess«*of imports over exports of wool., which in 1927 reached. 285,000, 0091 b, should! continue with the- millions of acres of land available in the United States- for the raising of sfheep. He concluded that in July, 1928, a pound of wool raised by an American farmer had) 39 per cent, more purchasing power of non-agricultunal commodities than before the war.