The Litchfield County post., 1826-11-21

manufacture Of woOllen goods. 10 the New
England states alone, has IN the last ten years
been increased from ten to about sixty mill
ions of dollars, and the merchant has found
that this branch, instead of diminishing has
actually increased his commercial business.
During this period the city Of BOstOnshas in
creased from 40, 900 to 1000 inhabitants, and
its active profitable trade in proportion. The
amount of fine goods annually manufactured,
if it had been imported, would not have
been half cargo for a vessel of four hundred
tons; while the raw material annually consu-
med, and calculated at 1000 bales Of foreign
wool, together with immense quantities of oil
i've oil, MeTseilles soap, Indigo, dye woods,
and large quantities Of iron for machinery, has
employed vastly greater amoRnt ofshipPing,
and with far greater profits in proportion 10
the capital employed. To this may be adj
ded the increase of the coasting trade in sup
plying the extra demand for -four, &c. The
agriculturalist has found an advantageous
cash market for his produce, and his interests
have increased and improved within the last
ten years in most unprecedented manner
The tide Of emigration which hadpreyiously
set so strong to the west has been stopped
by the establishment of manufactures, and
the danger which then seemed to threaten the
increase Of our population has subsidized. and
we now hear but little if any thing of emigra-
ton; but every person, male and female, old
and young, can find ample employment in the
state oftheir nativity. Had no manufactories
been established. there would have been no
extra demand for produce in the New Eng
land states, & the increase of agricultlral labor
at the west would have caused the products
of our fields to have been a drug, rather than
a source of wealth to the grower and the CO I'M
try merchant who receives the article in ex-
change for his goods, or who employs it for
the purchase of his stock in trade, for we
( have no reason to suppose that Europe would
have required greater quantity ofthe growths
Of our soil, had we depended entirely on their
manufactures, than it has received since the
closing of the war tragedy at Waterloo. The
capitalist has learnt that the woollen man.fae-
turing business. If placed upon an equal: foot
| ing with other bra inches of domestic industry,
may be dependedsupon as source of profit
and wealth; and considering the changes and
fluctuations to which the commercial business
is liable, that it is much safer concern for the
investing of capital than foreign trade. The
mercantile and agricultural interests, together
with national policy imperiously demand that
the capital now invested in woollen manufac-
lures should be increased four fold,rather than
diminished. 1t is a question deeply intercs-
ting to every intelligent and unprecedented
mind whether the fifty millions now vested in
! this business shall be lost to the country, and
thus render bankrupt some Of our most yalu-
able citizens, or whether measures shall be ia
ken to place the business on as good footing
as is the manufacturing Of cotton.
We are pleased to-see that this question is
exciting strong and increasing interest in the
country; and we trust that memorials will be
presented to the next session Of Congress so
strongly fortified that they cannot butproduce
the desired effect. A third meeting has been
held in Boston, which was attended by great
numbers, both manufacturers, merchants, and
agriculturalists. A lively interest was felt up
on the subject for which they were assembled
aud the following Resolutions were unanina
ously adopted IL -.
Resolved, That the manufactures of wool
liens in this country are in ustate Of unprece.
dented depression, arising chiefly from i'm
lmense quantities of British woollens being i'm
ported on foreign account, under circlflnstan'
ces that give decided advantage to British
over American goods; that considerable
number of our factories have partly or alto
gether stopped work; and that, III relief Is mo-
Afforded by the national legislature, thedistres
I of the manufacturers win inevitably increase
until they shall be overwhelmed with bank
/ ruptcy.
| Resolved, That the Tariff Of 1894, Contrary
itis believed, to the intcntions of the Congress
ofthe United States; has operated injurious
! " upon the interests Of manufacturers Of wool
because the duties on imported wool wer,
| raised higher in proportion to the former TART
| than the duties on imported Woollens.
/ Resolved, That the protection Of increased
1 duties on foreign woollens, prayed for in thu
i manufacturers memorial to Congress, instead
Il %f.op hwo I@n