MEDICINE.
Though giving this paragraph such a heading, we ii'i/to not _\v,_. done with the : übjeci ni noils, but U't-nre coming immediately to the pnim, we Avould remind ou'v readers of the disasters which were' going to befall !■;- American textile trade when tlu- new Tariff Bill was going to Ix- introduced and wool admitted into thi- country duty free. I.verytiiinx would uo to •,!>•. clogs, American lnanufac.un-i--*- would be knocked out of court- altogether, mills would have to be i:!o:-c-.l. and nothing e-mld prolitablv hi* imported but. manufactured goods. To-day all iMosc-Yi.eor.es have been exploded, ihe Aim . dean textile trade is sti'l Z,\ tiic land nf the. living, the place v.dv ■■■•.» accord m ; to some good folk all th-ii is '.>i"nvi can be righted. Among \ the. most se.-iil developments are, that one ent. Ip: 'i-..ing American com. pany has opened 11. idnce of business iii, Bradford, With a vi- v.- to building up a piece trade with this country, ".'American' grown wool has been -.old m London, and now this we;!, v.v hear cf large quantities of Aineriivn Botany noils being -sold m Bvad lord. We have frequent iy h 'aid and think there is nothing uuiHi-at m Americans taking wool , anil ."''"'•■> fv:.:: Fnglan'd, but when England takes wool ;;ud noils from America, -we wonder if the trade will become much -.greater. It was re..rrted about ten day" r^o that J.ngland h«s boughl noi's ie.wh: .egula.jy since .JuniiErv f i'; 111, America, .a.d that during the last wo. lt* -in Mav.Vi over, a thousand b:**-* were shipped. In one -way tliis t-rTdo is riot surprising, tor as ye mentioned a week ago, combs m this district have hce.i very slack, and coiircquently t lie suppl y ' of "noils has 'been "'greatly re3tr*ct.d. The demand m .-F.nghind has been cb-i-iderabiy gi'-atcr'.-lhan that m. America., with the result that ithe former country has bouglit from- "the latter. The real significance of the business is under--stood when one considers that the present duties allow the foreigner to enter the United States market quite as much as they allow the .American to enter; the foreign market. The result is that; a wider demand has been made for wool,: and that demand is growing more interdependent between the consuming countries of the' world. England used to, rule Australian wool values,- but now the European countries' have quite as much influence, and until the opening of 1914, America also fell into line.
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Bibliographic details
Poverty Bay Herald, Volume XLI, Issue 13392, 28 May 1914, Page 5
Word Count
405MEDICINE. Poverty Bay Herald, Volume XLI, Issue 13392, 28 May 1914, Page 5
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