Constitutional Whig. [volume] (Richmond, Va.) 1824-1832, 1829-08-04

I SOL
The amount, then, of capital required for = mann
lactulng establishment in the northern STATES com
pared with the amount required IN VIRGINIA wond
De ABOUT as 100 to &C. or II per less in Virpna
IN England the quantity of real estate would com
monty be less than is here supposed steam enr;na
there taking the place of water power ron
sequently the quantity Of machinery would be
out as real estate is there much higher than with us
ana machinery much lower, the anpreuate amount
required III that country for every species of cnn;,.
may not vary materially from that reuurcd in VIZ
gina II we suppose the quantity of real estate ra
qalse In England to be one half at double the price
and the quantity OF machinery to be double ar hall
the price then both the aggregates and the sevorol
parts viii be precisely the in both countries
Having thus compared rs accurately as the nsue
hcient data we possess enabled us to do the value
OF ia0or ana capital IN this state with the value thew
pear IN countries which manufacture for rs LOT ne
now see IN what proportions wages, nrofits and tho
raw materials severay into the price of tbc
nniactured commodity, In the case of woollen mo
"nlaItnreS we derive the most authentic information
OF their proportions from the evidence given to tho
committee on manufactures. That evidence will
furnish US with sufficient data for MAKING q com
parison concerning fabrics of the Same ,uotori.1
ana OF similar quality but concerning no other. nc
Inc proportions vary both with the raw material and
me inenesS OF the fabric I'm some manufactures as
I'D that OF cutlery, the labor is comparatively everv
thing and the material NOTHING whilst in o,Io-!
as IN that OF nails the raw material is worth more
man the labor liz ordinary wooen manufacturers
Inc raw material Is half the cost in those of cotton
u Is ABOUT quarter 1t may, therefore, verv well
.naPpen That while country, in which labor is birh
cannot Contend with others in which il is chem il
the manufacture of the finer fabrics if riobi
successfully rival them in the coarser mot NJ
~ because the first cost of the latter would b
pTopoThonolly less enhanced by the hiob nrico
OF laoor but also by reason Of the greater expense IF
transportation PO Vi
let rs now ascertain he proportion which Tho raw.
material wages and profits bear to each other in on
wooen manufacturers, by averaging the statements Of
such OF the witnesses disclosed those facts With
sufficient precision WIN
10 determine the value Of the raw material m
nave, IN every instance, the quantity and cnst
OF the wool from the positive Testimony Of Tho ,v;,
ness but the value Of the dye stufs and otlcr mot,
fiaS will IN some cases, be computed at the rate of
eighteen dollars for every housand weight IF vol
III conformity with data furnished by other cases
OhicF inc head Of wages will be comprehendod
nor merely those received BY the ordinary workman
but also those paid 10, peculiar skill and for si,prrin
tehdlhce- and Other extra services. The who'll
nUnber o. persons employed in these selected mann
iTc''rl "as $50 including women and children
IN, manufactured 10G,t06 pounds of WOO in 4 year
an" 10, th'r average wages was UPWARDS Of 200 earl,
a. ne PFonts VIII he set down at 10 per cent. on
Ine caPita stock. Although this is more tbon
s.y 'S'P' OF nc manufacturing establishments re-
<'' 90 app n 20 rave mad, ant eone even incurred