Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1824-05-08

terminating duties, was merely to put our vrs-
sells an Il footing with those of foreign nations.
He drew comparison between the protec-
ton that the Government had given 10 COM
nerce, and that which had been extended to
manufactures. He spoke of the pruhihitory
duties which hnd, from time TO time, been i'm
posed IN England; review of which, he
Thought, would demonstrate clearly the inn
policy of encouraging the growth at manufac-
| lures by such means. He stated that one
| hundred different acts, having a view tn bOun-
! ~ and restriction, had been repealed by the
British government. He read, from the re-
cent proceedings of parliament, to support his
position and concluded, by begging gentle
men To pause before they adopted this mea
sure, IN relation Ia an article OF such great i'm,
portance To the country.
Nir. DICKERsoN replied to Mr. Hayue He
had great confidence in the legal talents Of the
gentleman from South Carolina, but thought
he was not the best person To- examine cotton
manufactures. A few individual Instances
in which these establishments were prosper.
Gus, he thought, ought not to be taken as
sample ut the whOle-he spoke of several i'm
New Jersey. which were in very different
situation. He thought the tariff Of 1916 had
been very beneficial to the country and pro
ceeded To recount lis benefits. He conceived
that II would De no injury to the country, if
the coarse foreign cottons were excluded from
1t. No one great employment, Mr.. ID said,
Gould give an inordinate proft-for the CAPT
tai of the country would Immediately be in
vested in il. He alluded TO the remarks of
Mr.. Hayne, IN reference to the loss which
the country had sustained in its revenue, in
consequence of the act of 1916. He hoped
the time would arrive, when we should not
derive such a heavy revenue from inporta-
tons. He commended that foreigners would
always take from what they want, of cot
tons, and other articles, and no more He
considered the revenue of no Importance to
this question. He adverted To the general dis
| tress and bankruptcy which existed i'm the
country. These bankruptcies had been pro-
dnced by excessive inportaiions, and the bal
ance of trade being againstus.
| MIR. MACsN next rose. He was surprized
10 hear persons from the rich and fertile coun-
! try, IN the Western and Middle States, en-
deavorpg to impress upon Congress the ne
cessity OF imposing taxes on the poor country
| IN the South. He spoke of the general poverty
| of his part of the country, particularly in re-
| gard To soil. He alluded to early marriages
| In the West, as a criterion of its prosperous
situatsn. He had always been, individually
IA patron of American manufactures-but he
| wished to be volunteer in that cause he
had no idea Of being forced into it. He spoke
OF the folly of supposing this nation was to
necome great In consequence of its mannfac-
lures, because England had become So. He
had FATHERS see the people living upon THEN own
lands, than pent up in manufactures. He
wished to see the people independent in their
mode OF living. He did not believe that
manufacturers Were more industrious than
other people He denied that this measure was
| for the good of the nation. When people
used the word nation, on this subject, they
generally meant Themselves. He said he dis
hked the tax IN cotton bagging as much as
| thlsi;V and he should call the attention of the
Senate 10 that subj ct again. Mr. NJ. again
rec RED Ic, and remarked furtheS upon, the
poverty of the Southern part of the country.
MIR. LLOYD, of Mass. spoke in support of
| the amendment. He replied 10 the remarks
OF Mr.. Dickerson. He believed there had
been, at no time, more specie in the country.
than at present. He spoke Of the low rate of
interest at which money could he obtained-
| lie asserted That, to the best of his knowledge
the cotton manufactures of New England
were generally very prosperous-and spoke,
particularly, of that at Waltham with the his.
tory Ut which, he was more intimately ac
! quaiDted. He related the manner in which
that factory was established aud read mi
mute OF the dividends of profits that had been
made by the establishment. Mr. L. stated that
stock IN that factory had recently been sold
at 65 per cent. above par--this institution, he
said, had been established without foreign aid,
and he believed bat one foreigner had been
employed in it.
Mr.. D'WoLF rose 10 speak to the question.
but gave way Ia motion to adj ourn; and
The Senate then adjourNed till ten O'clock
20 morrow.
WEpHEsAY, MAY 5, 1894.
| The Senate, as in committee of the Whole
AIR. King of Alabama in the char,l proceeded
to consider the unfinished business of yester-
DAY, being the bill from the House of Repre-
sentatives, " To amend the several acts for inn
posing duties on imDortso
The question was upon the amendment
moved by Mr.. Elliott, on Monday last, to strike
out that part Of the bill which esta blishes the
minimum for the calculation Of the duties ON
cotton cloths and cotton twist, yarn, or thread
Mr.. Bell rose, to ask some information OF
The gentleman from Massachusetts, in regard
To the cotton mandatory at Waham he
mad understood that great quantities of ma
cbinery, of a very valuable kind, were made
at that establishment. He wished for infor-
nation on that point and what proportion
OF the profit had been made from that branch
ut the business; and, also whether the con.
Germs of that institution had not been i'm some
measure, closed, and n reserved profit divided
for the purpose of joinins their funds with an
other manufactory at Chelmsford.
Mr.. Lloyd Of Massachusetts, replied, and
gave what information he possessed, on the
points upon which inquiry was made: and
made some further statements ia relation 10
The manufacture of cotton.
i MIR. DIcKERsUN made some further remarks
in answer TO those of Msssrs. Smith and
HaJne, and proceeded to a full consideration
OF the general principles upon which the bill
was founded
! Mr.. EAToN then moved 10 amend he bill
fl