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Show TWO VIEWS ON WOOL SCHEDULE I American Manufacturers Not Enthus-I Enthus-I lastlc. Business In Englar.d Is Expanding Tariff rovision is nn ticcompllshed ftct. No longer do Amerlcdn manufacturers manu-facturers and merchants face uncer- talntles but facts. What Is to bo the I effect of this now tariff upon tho wool textl o industries of tho country'? I Of courso that question is not one that Is easily nnswered. However, tho opinion, which seems to havo been I moro or less assiduously fostered in ! certMn quarters recently to tho effect ef-fect that American manufacturers, at heart, havo had little or no apprehension apprehen-sion concerning tho results on their ! busi'ness certain to accruo from tho tariff changes must bo abandoned In tho light of tho stntement mndo by President Wood of tho American Woolen Company. "With prictlceil economy, generally general-ly speaking," saysi Mr. Wood, "tho American Woolen company will bo ablo to coinpeto successfully with similar sim-ilar manufacturers abroad." This belief is hold moro or less generally by manufacturers of medium grado goods, but none- of tho manufacturers differ from Mr. Wood In his nttltudo when ho says, "I nm not enthusiastic over tho Underwood 11111," nnd when ho Eays, "Tho mills making flno fancy fan-cy goods will find tho problem moro dlillcult." Already ono mill, tho Olobo Woolen Company of Utlcn, New York, makers of flno woolens and employing 000 hands, has suspended operations Indefinitely, Inde-finitely, giving tho low rates In tho Underwood bill as n reason. Tho ox-tromo ox-tromo probability Is that other mills engaged on similar fabrics will follow suit, especially after tho first of tho vear whon tho now Schedule K bo- comes cffectlvo. Certainly tno low Ja-oor Ja-oor costs abroad will oporato vory harshly In competition against tho manufacturers of flno goods. Knglsh manufacturers hro verv . "euthuslnstlc over tho Underwood 1 bill," witness tho following crystal!- ntlon of tho oplnlmi of tho topmnkcrs j spinners and weavers In tho west ( I Hiding expresrod In tho Wool Hecord j of Soptomber 4: ! "Amorlca Is likely to figure prom-I prom-I Inently In tho forthcoming senson, J although many will have It that sho 5 will oxort every llltlo Influence this 3 sldo Christmas. No doubt United J States manufacturers will havo to faco very different circumstances from what they havo dono slnco 1897, nnd B wo bellovo that If tho present duties go through manufacturing conditions i In Great Drltalu and on tho Continent I will becomo vory brisk. It Is Just this ono factor which wo think will help i to provont nlny distinct fall In wool I values." 3 M |