Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1820-09-15


| rated ut ten per cent. also.-Let us examine
what all this will amount to-
| Suppose ,nere is laid out in
the United States, for cotton
wool, $1,000
To rphich add The. foli5svi,g Items
For freight and charges to
England, including the duty
there rated at IS per cent. $50
For supposed expenses DINA
nuiacturing, 1000
For manufacturers profit rated
At 123 per cent. OH the a.
mount expended, 2Sl IS
For charges of Importation
from England 30 America,
rated ut 10 per cent 253 IL
For duty on importation 25
r per cent. e. $3.50 90
10 per cent. on the aggre-
gate, 349 o.
Tins exhibiting an aggregate ef S3s3s so
from The sales Of one thousand dollars
laid out IN .An,e,lca for Cotton U'ooi.
Now, suppose the American
Manufacturer also lays cut
in cotton wool, $1,000
And that he also expends in
the ma nufacturing thereof 1000
And that he shall have to Fay
to an agent for tue sale of his
goods, commission of FIVE
percent on similar aggre-
CRATE of SSS2s so 19I =
There will remain TO the Amc-
rican manufacturer nett
profit of 1857 os
a. --
S3828 SO
BY this simple statement it appears, the
American Manufacturers profit is nearly six
times as great that of the Foreign manu-
facturer, without takingthe interest of mo-
ney into account, which would also ope.
rate in his favour, Onacco unit OF the time
consumed in carrying the raw material to
Europe, and bringing back the manufac-
lures thereof, on assuming that he possess
es the same skill and can get the goods
manufactured at the same expense-But
granting that lie does not possess the same
skill, and that on this account it will cost
him SO per cent. that is $500 more to have
his goods manufactured, his profit will be
still four times as great rs that of the Eu-
ropean manufacturer.
Can the American Cotton Manufacturer
ask for more Is he not already sufficient.
k protected Can it be the interest oc
the nation to foster these manufactures at
so high price Does it not rather APP
pear, that the duties on importation Of
ther abolished, that the consumers might
be able to obtain them on fair terms 1t is
believed that this is proved unanswerably,
and that no reason now exists for the i'm
post on cotton goods being fixed at so high
rate as it now stands, bur for the sake Of
the reVenue, tho it may fairly be question
cd whether duty of - per cent. would
not produce as much, as the rate of 25 now
fixed, as 1T is certain that the rate Of duty
now existing, excludes great many of the
coarser fabrics, and it is presumed that
it induces to the smuggling of the finer
goods.
On this branch of the subject, your Com
mittee have thought proper to dwell the more
minutely, because the observations thereon
viii apply to many other subjects of our man
ufactures; indeed, to all which arc made from
materials of American growth.
Let us proceed to an examination how the
manufactures of UooL are protected -
As we scarcely raise as yet rs much Wool
as may be requisite for our own use, we
shall not regard it article of export and
therefore, the manufactures thereof will pre-
sent themselves to our view as less abundantiy
protected than manufactures of Cotton; but
it is presumed the following statement will
shew, that at least adequate protection and
encouragement is also afforded under the
present Tariff, to the Woollen Manufactures
of the United States.
Suppose the Foreign Woollen 5ianufactur-
or lays out in Wool $1,000
And eXpends for the Manufacture
thereof 1000
To which add the Manufacturers ~,
Profit, rated at 123 per cent. $50
nd also The .folio1Vi',g items -
For charges Of Importation to A.
merica, 10 per cent. 225
DUTY on ImOOrtatiOO IS per cent GIG *
Importers Profit, rated at 10 per
cent. 3O9 81
THE erh!5ttiag an aggregate Of S3,4o3 II
from the sales Of One Thousand Dollars laid
out fer WooL
Now, suppose the American Manufacturer
also lays out in Wool $1,000
And that he also expends in the
Manufacturing thereof 1000
And that he shall have to pay TO
IN Agent for the sale Of his Goods,
commission of S per cent. on a
similar aggregate Of 53,403 -, 10 10
There will remain to the ylfanu-
.facfurer 1eithin the United States
nett breft Of 1882 96
or upwards of sixty per cent. on --
the whole amount expended: and S3,403 II
after admitting that from want Of
possessing the same skill, and machinery. and
on account Of labour being in this country per-
haps dcarcr Also the American Manufacturer
may be subjected to an extra cxpence of fifty
per cent. for manufacturing, there will still
remain to him nett profit Of nearly thirty per
cent. on the whole amount expended.--But
il will be said that certain articles Of Woollen
Manufacture pay only fifteen per cent. duty;
viz Blankets, Rugs, Worsted and Stuff Goods
To which it may be answered, that il was deem
ed impolitic to charge these Goods with