Burrows of Michigan And the Republican Party a Biography And a History volume

Cover Burrows of Michigan And the Republican Party a Biography And a History volume
Burrows of Michigan And the Republican Party a Biography And a History volume
Orcutt William Dana
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They herd them on lands which they rent by the year for a penny an acre. They have no sheds or barns, for it is perpetual sum mer. They shear the sheep twice a year. They feed them nothing in the Winter, for there is no Winter; 246 BURROWS OF MICHIGAN [1885 and they can grow that wool and lay it down in your market, at a profit, for twelve or fifteen cents a pound. Where is there a wool-grower in my hearing this afternoon who is prepared to say that it would pay him to continue in the wool indu...stry if wool was only twelve or fifteen cents a pound? Free trade in wool would simply drive your flocks to the slaughter pens. " . . . By electing Cleveland the country seemed to express its desire to test out more liberal trade condi tions as against Protection. Whatever may have been Cleveland s personal attitude in the matter of tariff, he found himself confronted by a serious prob lem. The excess of receipts over expenditures was placing the Administration in a really dangerous position ; tax reduction could not be secured, and the President failed to come to any agreement with his Party on expenditures, the net result being that the Treasury Department had no alternative other than to store up its funds or to buy bonds in the open market.

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