67 



Imports and exports of foreign wool under the tariff act o/'1842. 



[This act placed a duty of five per cent, ad valorem on wool costing not ex- 

 ceeding seven cents, and a specific duty of three cents per pound and thirty per 

 cent, ad valorem on wool costing more than seven cents. It went into effect 

 August 30, 1843 ] 



Imports of foreign wool under the tariff act (2/'1846. 



[By this act an ad valorem duty of thirty per cent, was placed on all wool. 

 It went in force December 1, 1846.J 



These tables exhibit under the tariff of 1842 an average importation per 

 month of 1,249,956 pounds, and under the tariff of 1846 an average importation 

 per month of 1,422,518 pounds. By the table of prices given in Mr. Randall's 

 work on sheep husbandry, published in 1862, we have an average price of wool 

 under the first of these tariffs as follows : fine 39if , medium 34, and coarse 28| 

 cents per pound. Under the second tariff as follows : fine 47 1, medium 41^, 

 and coarse 351 — a difference in favor of the latter of about seven cents per 

 pound. 



2 



