The cable (says the Post), has rarely brought a piece of better news than the item that the Tariff Committee of Congress has agreed to recommend that wool be admited free to the United States. To obtain even a reduction m the import duty levied, has long been tho aim of these colonies, and it was at one time hoped that the establish men t of the San Francisco Mail service wonld condone to the attainment of this object The States, however, steadily refused any concession, and as the duty was almost prohibitive, very little trade has been done l>y our wool-growers with America. If Congress, as is probable, endorses the recommendation ot Tariff Committee, a large market will be opened to these colonies. The supply of American wool is very limited and manufacturers having been prevented from importing have not thriven well. With free importation the manufacturing trade m the States will receive a great impetus, and no doubt soon assunlo large proportions. With the Colonies to draw supplies of raw materiaP f foni, ft is probable that woollen factories will be established on the Pacific slope as well aB m tho Eastern States. The wool that this colony produces is aaid to be specially suited to the American market. The removal of the duty will not only cause a demand tor that wool, but will give substantial assistance^ to. the San Francisco mail service, m providing full cargoes for the mail steamers; The final decision of Congress on this matter will be anxiously aaticipated.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS18860511.2.4
Bibliographic details
Manawatu Standard, Volume XI, Issue 1705, 11 May 1886, Page 2
Word Count
256Untitled Manawatu Standard, Volume XI, Issue 1705, 11 May 1886, Page 2
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.