New-York tribune. [volume] (New-York [N.Y.]) 1841-1842, 1842-04-08
HOME INDUSTRY CONVENTION.
tReports,, for the Tribuna]
third Day.....TAvssDAY, April :

declared in order.
The Committee on cuisines. reported that a
Committee on the Book Trade be appointed.
Agreed to, and Nesers. R. Lockwood L. D.
Chaplin, james Van Orden and T. e. Walker
we're appointed.
Mr. j. MApEs, from the Committee on Su-
gar Refining, reported at length on that subject,
showing by statistics that the business OF Sugar
Refining Will be entirely destroyed if horizontal
Tariffs imposed, and urging the necessity OF
discrimination in favcr of Domestic Refined Sugar.
The Report was accepted and laid on the table
| for the present.
Mr.. J. Blunt, from the Committee that
subject, reported a Memorial 10 Congress, pray
ing the adoption of Preamble 10 the Tariff Law
about to be enacted similar to that of the first Ia
riff act under the Federal Constitution in 1888:
e: Whereas, it is necessary for the support OF
| Government, the payment OF the Debts of tho
! United States, and The Protection of Domestic
lNanuf actures, that duties be laid on Foreign
Goods &c.) The Report forciby rectes the
facts in regard to the preceding condition of tho
country, and to this actien. in which Washington,
Madison, Hamilton Franklin and their compa-
! ,riots concurrcd, and asks that this same pream-
| bic Of 1889 be Incorporated in the new Act.
Mr.. S. OAKLEY, from the Committee on [ron
Coal and Manufactures of Iron, reported that the
| subject committed to them had been divided into
three parts. and referred to three subcommittee
| which would report severally Mr.. O. KEL-
LoGG Of Troy read the PREDATORY report, embracing
general considerations showing the Importance Of
| the Iron Trade to the independence OF the Coun-
try, the comfort and wealth of the People, and
! the progress Of Civilization and the Arts,
| MIR. s. OAKLEY then reported at length on the
subject Of the production Of Iron, Including Nails
tracing the history and progress of the Trade in
| this country, down 70 the present time. The Re-
| por: states that the business has been but inder
emily profitable through the last fourteen years,
and that must be entirely abandoned East of the
| Alleghenics if the duty is reduced to horizontal
standard, provided by existing laws The diff
!iculty has arisen from the greater cheupncss OF
| Fuel as well as abundance of capital IN England,
| where the Mineral Coal used in smelling costs but
81 per ton, while the Charcoal used ii. this Coun-
try costs ten times as muck But new processes
and improvements the establishment Of works
where Iron Orc and Coal beds are found in close
proXimity and especially a new discovery OF a
mode Of making Bar Iron with Anthracite alone.
! Is fast reducing the cost OF making Iron, so that
1t can now be produced nearly as cheap here as ii
could In England fifteen years ago But the Eng
fish cost has also been redaced and the Commit
tee believe that duty oftwenty-ive dollars ton
on Bar Iron will now suffice, instead OF thirty
! seven and half dollars levied in 1928; and Of
| eight dollars Pig Iron (instcad of twelve in
1929 vii be adequate to sustain the business.
With such duty, the Committee are confident
that the cost Of producing Iron can be steadily re-
Il, I Al
until it shall be as low here in any par, Of the
world
The number of persons dependent the Iron
business for subsistence is now over two hundred
| and fifty thousand the wages paid them annually
| over Eighteen Millions of Dollars; the amount Of
| Agricultural productions consumed by them
| about Eleven Millions per annun The total an
nua product of Iron is about twenty-five Mil
| hons; capital employed about Twenty-Five Mil
lions; including Mines and Woodlands, Thirty
Millions. This capital will be almost wholly de-
stroyed by horizontal Tariff
| DR.. J. C. FISHER, from the same Committee,
| reported on Coal. The amount of Anthracite Coal
produced in l840 was 1863, 200 tons; of bitumin-
Gus 81 900 600 bushels, (2S TO toni total value
! Gut SIS per tony over SS,000,OOO. Number of
persons employed ia producing it is $4,000; In
| cluang their families, 10000; their annual con-
sumption Of Agricultural products over $780,
000 Coal abounds throughout Middle,
Western and Southwestern States; but its vast
stores can only be developed BY adequate Protec
ton to the mining of Iron, &c. We do not need
| pound of Iron or a bushel of Coal from abroad;
| we have an abundance at home, and with steady
policy of Protection, it can be produced amply
and cheaply.
The only direct competition with our Coal is
| from Nova Scotia. Our Coal is generally situated
! hundred miles or more from tide-water; not
that of Pctou, which can thus be thrown into
cheaper than own product Why should we
build up the British Colonies at our own expense,
| and render them formidable and ourselves de-
tcncelcs, in of II war The Committee rec
| ommend specific duty of six cents Il bushel on
| imported Coal, believing THAT such duty will not
add materially to the cost, while it will give the
whole domestic market to our own producers.
| Mr.. WlSsLow of Troy reported on Nails, show
! ing that the cost to People Ind been greatly
! reduced by rrotection and that under the Iur!f
OIL! 1928 the price of Nails has been reduced from
10 cts. per pound TO ID cts. per pouna, and the
duty now asked for is 3 per pound 10 per
cent. below the rate of duty of 1928.
| Mr.. p. RIPLEY of Con. reported on Hardware
and Manufactures of Iron. He gave the statistics
Of the Trade: Men employed 1000; capital en-
ployed q 000,0O0; dependent thereon ia 1000 :;
consumption of Food s., OOO, 900 per annum. for
Clothing S2,000000 House Rent $l,O00,0 900.
The annual importation of Iron Manufactures in
| 1889 was
| The amount invested in the Manufacture of
Wood-Scrcws alone "a new branch) is about ST.
100000 which now stands nearly idle, for want
of due protection. The whole rate of duty on
Iron Manufactures is estimated by the Committee
at thirty per cest. imposed specifically, so as to
obva,e frauds on the Revenue Sheet Iron has
never been produced in Ncw-England but she does
rot object to paying a duty on it for the encour-
asement of lis production Al the Snulh.