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About Roseburg news-review. (Roseburg, Or.) 1920-1948 | View Entire Issue (March 13, 1946)
EIGHT ROSEBURG NEWS-REVIEW, ROSEBURS, OREGON, WEDNESDAY, MARCH-13, 1946 :; 3 .' ,v -V-' .- : MVtiV Wool Industry Stabilizing Need Studied WASHINGTON. March 13.- Congress soon will be asked (o consldor President Truman's de sign for a stabilized wool Industry. Senator O'Mahoney ID.-Wyo.) told a reporter today that legis lation along the line of the Presi dent's recommendations will be prepared at once. The proposals, made Tuesday In a letter to O'Mahoney, chair man of the special Senate Wool Investigating Committee, resulted from continued protests by wool growers that the industry Is in serious condition. The war years were unprofitable ones, wool men say, and uncertainty over the fu ture is driving many producers to liquidation of their holdings. The President recognlzi-d that "a serious world-wide wool situa tion exists." Ills legislative rem. eoy jor me nomesuc industry Jn the main would be: U) Continuation of support prices or loans by the Commodity Credit Corporation, 2) sale of domestic wool by the CCC at prices competitive with foreign W'ools, and 3 a research and de velopment program to improve the quality of domestic wools and marketing practices. A revised parity price for wool would be established on a hrcHs "comjiarable" to that of parity prices lor other agricultural pro ducts. Woolgrowers contend that the pnsenl parity price was based on a period 1 1II10-1W14I when wool prices were among the lowest In recent history, i rainy Is a puce designed to assure Hit same buy lug uower as in some past favor able period.) Support prices to Ik paid by the CCC would be based on the new formula. Mr. Truman recom mended that no reduction be made in the general level of 1916 su port prices rntil the dec-line of sheen herds In America is checked. One congressional wool author ity today went lieyond the Presi dent In this view. Hep. Barrett iH.-Wyo.l expressed belief in an Interview that the support level should tie held firm until the sheep population regains the 1!M1 figure, liarrett said that since 19-12 the numlier of sheep in the United States has dropped from 411,000,000 to 38,000,000. Barrett said the chief effect of the proposed legislation would be to encourage woolgrowers to stay in business and increase their herds. Today, sheepmen don't know how long the support program will be continued, and they fear competition from foreign growers with lower operating costs, he asserted. Costs of the proposed program would be paid for out of customs duties. Mr. Truman said in his letter to O'Mahoney that he felt It would he better "to have the government absorb losses on sales of domestic wool rather than to raise additional trade barriers against import-." I'm sitting pretty in my Playtex Panties keep' me 'socially acceptable." 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