The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1841-12-30

oil Inc teast cost are 10 reap what pEout
there is.
"An impression seems TO be fixed 2, tie
South, and TO CAUSE great irritation, n,ai II
any high duty be LAID, as, for instance, ten
ceuts on a yard Of cotton cloth, the consu.
mer must, Of course, pay ten cents or more
in addition to what the cloth might be had
for from abroad, merely 10 foster our manu-
factories. II is by no means SO. The
course of things is this. Without the high
duty foreigners, WELDING on l-Jmense capl
tai, throw in q large quantity Of goods 10
be sold here at heavy loss that they may
break down any establishment 10 this coun
try that comes 10 competition With them.
When that object is once effected, they
seek 10 remuneraie themselves for their
losses, and accumulate Immense gains by
exacting such prices as sult them. Ihese
The consumer must pay.
Bm With duty sufficiently high to
protect our people against this deuse from
abroad that is intended to produce scarcity
10 tie end, they immediately engage n
competition with each other and furnish
be articles wau.s5 about as cheap 10 The
consumer as The loreIguor could ever do,
and 10 many instances cheaper.
"lt is astonishing TO what exten. tins
spr, of competition is carried by the PEG
pie Of this coua,ry. What gigantic VI
derlahing IS rail road To cut through
the bill and raise the vaIl.es fer an hundred
mles, 90 as to make read aluios. Oh a
dead level, with ~ ilou rail en- each side TO
suit lle wheels that are to run upon II,
somewhat like cabinet work, seems to he a
work for generation. let, wlIhiu ten
years from the opening Of The lTst ral road
! for travellers in this quarter, thore are tSo
Oh tho routes from tho city Of New York
4 to Boston, and two beyond there, Las,
ward each keeping The ether 10 cheek for
3 the beuelil OF travellers. l0y are To see
similar contest IN the roads leading irup
Charleston to Savannah. But tae saue
spirit is 10, iound SO active 10 older coun
tres. II has been carried 10 The eXirsGe,
however, among cur manufacturers. Al
Ioss! one third Of those who wee led by
The tariff to sagase 10 making Goth have
bsen utterly ruined and az exact accouat
would probably slew that one half have
SUM- their whole capital once, bo.ore sue
ceedlng.
The principal factories for plain cotton
cloth, amooniag 10 many millions Of caPl.
tai, are aos engaged IN sharp slyllry, not
to obtain s or 10 cents per yaid N addl,oo
10 The cost, which IS supposed to be secured
BY the tariff at the expense Of The South,
but to ge, profit of one cent and q half.
They are trying TO see Which can best al
fe.d 10 sell d, cents and three quarters,
Instead OF : cents and q half, which IS qecos-
slrJ LOT td1T FH.o-r r -i~,L ,,.btch
used, before The tariff to cost 20 cea!s and
more. They arc actually selling al leas
than 5 cents cloth On which there is a
duty Of more than : ceEts Foreigner.
could not furnish this cloth ior Tie Sc uo
price, even if lhore were no tauf'; for we
underselI them IN foreign markets @hofe
there IS equal dutr for all. Inquire into
the COS, Of clothing for negroes, and you
will ind the same 10 DC true Of that and
other articles.
The South, therefore, are e7aspetateG
upon a mistake for nothing can be more
erroneous than the belief that because {
! high duty is laid by law the full amount Of
1t IS to be collected, Of course, from the
consumer, and that the manufacturers are
making immense profits. The whole busl
cess Of cotton manufacture 10 this country
taken on the average, has mol been protlis
bic. Mos: Of tie companies dDd II djiTicui
10 earn SIX per cent. and keep their mills II
4 repair. lr the resui! could have been fore
seen, IL vpai1 ~ have becn ihought bes
4 10 engage IG It extensively, o. to seek an
advance Of du'y. Now great amour, d
lnsaiyed IN this interest and cannol be say
ed from destructive loss, without the klnt
Of protection that | speak Of, and which
really, costs nothing to the country.
"Sone people q, the North early fore
saw danger from THIS source, and we're op
posed % any Increase Of tard from tn
FIRST. To sAcw you that DO not spcal
loosely IN this, allow TIC 10 nent!on 40 lncl
den, which occurred N my presence, y he
Mr. Tyler, nov PRESIDED, Of Tho Daac
States, weut 10 Boston, as ono Of a Com
mitlee from the Senate, 10 examine tn
Branch Of the United States Bank 10 tina
place. IN conyer5ing on the various inter
les,s Of different section Of the States, re
mark of his, led some one 10 say Genlle
men from the South have 90 impression
hat our FIRST wish, al the North is, to draw
some great advantage from high tariff q
their expense. 1t is not 30. The circutn
stance Is probably forgotten TOW, bu, who
.the early movements were made Tor an IN
crease Of duties, remembrance against
was forwarded to Washington ron v
than, then the principal saa. Of lnanulac
lures 10 Massachusetts
y" remember that reaIgl4.5aucc, perfect
ly said Mr.. Tyler, and have often though
Of II SINCE"
"The North, probably, wants lltc,
any thing more, Than what is equal to
duty Of twenty per cent, LEVIED agreeabi
to the compromise act. They would fix
higher rate on some articles not OF grea
Importance to the South, but take of q
much from others, leaving the average th