Show AN EXTRA SESSION k 1 WOOL rits itis OPINION ON THE NECESSITY OF HOLDING IT nit situation ihil confront Con fronta oo tite lie gooon Is ig crave and oil muett ito l aced illean n arco fiill is in raised sown soon the industry will suiter er tho following letter to the new york Eveni svening ug post is front from mr abraham mills a recognized authority in the woolen wooli if hundreds of other rea reasons gotis those given by mr mills would la be sufficient to justify a dozen extra sessions of congress gin will you yon permit me as a veteran in the ho trade to thank aou fur fr our of tile the Is isah ell upon wool aud and woolens and to tome bome ideas upon the same fame subject which aou would Lr brilly illy occur to lo any except those familiar i ill the ot of the be trade tho abe situation which confronts tho the woolen ma manufacturer f is this in the ibo near car future wo lie arena dro tobaie to a have tree w ool and a emai t reduction ot of tho the duty on woolens this nanny thins thing human can he be and the iho situation must ho be faced losses must inevitably bo be made and the now is to mako make them as 03 light as possible sible 11 this his I 1 think can only be done by either cither gettine the senate senal ethl this winter to piss pass the free wool bill now before it or to get anew new con gross aa to pass sith si st th ch a bill in extra next spring if I 1 tills ignot is cot doneald done and done quickly all europe and tile iho continent particularly will run rua its machinery night and day making staple te rood with tho present cheap w ool find and low wages find and cheap money there to ho be sent to tile the mordent moment tho the tariff barrier is down tho amount of goods then thrown in hero here will mill probably bo be large enough to flood the American market tor to tuo cars tho The condition 0 four our woolen industry duling dui ing this period ill be pitiable milla hailu will ill bo be closed and the remainder will mill run short time this means disorganization and great suffering su nerin to both proprietors and woo anion it w s also prepare tho way for the ibo of tho heavy beavy duties on wool and woolens ios from which wo we have with ith such difficulty and labor just chau cirata I ourselves in of 0 this view we haro just learned from europe that english wools have advanced adjan ced a penny a pod pound od fino fine wools are much stronger strong fr tho the woolen industry much cauch more cheerful and that the titus salt company instead 0 going into liquidation aro are to resume making goods for or america tho the immediate abolition of tile tho wool dut duty y w m put pat us on oa a par lutr w ith the euro ean manufacturer as aa to thu cost of tho the raw material ami would it naturally with people coming into the markets of 0 tho the world os as customers and chibis athla Is the only way the american will bo be able tu to yet get any ally benefit from tile the protection of 4 10 0 pir per cent which the new law will vill likely allow him it if tho the hill 1111 Is postponed to say bay july iggi there w ill bo be enough goods made in europe before wo 10 can get as 03 cheap wool ELS is our rivals to swamp samp us when so come into the iho markets of tile tho woi wo id at a much lusher hiaber price for our raw material these arguments havilan have on equal upon the price of domestic wool stocks aro are now smaller emiller than have ever been known tho the west seems completely out of ever thing but territory terri lory kinds the effect tit of the new dew tarin upon present small email stocks would bo be ron con trifling As to tho the next cup clip it if foreign wool were wc ro made free july isra abero would bon bo a great advance world and the domestic article would participate in the that t advance and find a ready market eulif eat II 11 thee the hanic is postponed and the anticipation of 0 I 1 it hangs overlie over us tor for eighteen months domestic wool no will ill drag along at panic pi ices icca because woolen goods will do EO much ma chiew chin yi no hlll ill bo idle and the whole industry 1 I 1 will ho be in wool r a disorganized omd anil 1110 eakes pending such sach a radical change chang the situation in tile the goods market is much the tho sama samo it la is only this ebb year that the blocks of foreign booda 8 impelled in ant anticipation of the mckenley bill have been worked off this las has given t ibo be mai mailet let largely to tb the american hita manufacturer and has enabled him to sell his goods chosa up to prod production no dion The there has rarely been a tida s lien blocks either iu in first hands or among V to 0 lob clobbers lobbers bers have been sni tIler during tile tha next six months it is sale safe to say tells mills no will ill run merely on oil oi 01 ders and carry no stocks blocks find and dealers will carry only i w hat their absolute to necessities call tor for I 1 in a tact fact it is an ideal lu situation and a most opportune tunit time tim in which to reduce duties nothing can caa bo be gained by delay and much may bo be lost 1 am deeply impressed with N ith the seriousness ot of tho the situation ilu allon and I 1 thoroughly believe that the path of 0 darety Is that ot of courage |