Publisher's Synopsis
Excerpt from Wool-Growing and the Tariff, Vol. 5: A Study in the Economic History of the United States
The subject of wool and the tarifi is not a new one, nor is there any lack of writing upon it. The justification for this addition will have to come, if at all, through new methods of attacking the prob lem. As is intimated above, approach is through the past. It is hoped by means of a careful examination and analysis of that past to discover what were the forces that Shaped the growth of this industry, how they operated, which of them were dominant and which subordinate, how potent a factor the tariff was, in short, just why the industry followed the course of development that it did, and what determines its present position.
This does not pretend, therefore, to be a narrative history of the industry; that the reader can find elsewhere. Here an attempt has been made to follow general outlines and broad movements. Details are given only where they serve to intensify the outline or Sharply to characterize some movement. The general outline once traced, the aim has been to determine the underlying and the dominant forces. Any matter which on investigation proved to have a direct bearing upon the fate of the industry, however remote from the subject it might at first appear, has been treated. If a great deal of Space and attention has been devoted to such matters, it is because of the belief that to attain the desired goal a thorough knowledge of them was indispensable. The treatment of these topics, however, does not pretend to be complete, those phases only having been touched upon which had some direct bearing upon the growing of wool. Thus, the manufacture of wool for certain periods has received considerable attention, and for others little, according to the vary ing importance of this factor; but in no case does the account of it pretend to be complete. A similar assertion may be made as to general agricultural conditions. Although the United States has been preeminently an agricultural country, this phase of its eco nomic history has suffered from the most amazing neglect. The lack of obtainable information on this topic has been a decided handicap for the writer, and has obviously made it impossible to cover that field satisfactorily.
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