The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1842-04-19

reduced by Protection, and that under the Tariff
Of S2S the price Of Nails has been reduced from
10 cts. per pound TO A. 2 cts pound, and the duty
now asked for is cents per pound, DO per cent be-
low the rate OF duty in 1928.
Mr.. p. Ripley Of Conn reported on Hardware
and Manufactures of Iron. lie gave the statistics
Of the Trade. Men employed $4,000; capital en-
ployed 81 900 O00;depcndent thereon il4,0OO; con
sumption of food 81 10000 per annnm; for cloth.
ing S2,000000; House Rent 81 900 600.
The amount invested in the Manufacture OF
Wood Screws alone Ia new brnnch) is about 81 )
600 900, which now stands nearly idle for want Of
duo protection. The whole ratio of duty on Iron
Manufactures is estimated by the Committee at 30
per cent imposed specifically 10 obViate
frauds on the Revenue. Sheet Iron has never
been produced in New England, but she does not
objec: to paying duty on it for tho encourage
ment Of It's production at the Sonh.
The present Tariff is very bIindy and injurious.
ly adjusted. Many articles OF Iron Manufacture
(bed screws, hinges, &c .tSc.) are now taxed much
less than the material from which they made,
aud some of them 30 mncb cheaper that the 7Ranu.
Jactured article can be sold here cheaper than the
raao materiai. The Committee recommend that
these articles be charged with the same duty as is
imposed en- the materials, aud twenty per cent ad.
ded for Tho protection Of the Manufacture. The
Committee state that domestic Cut Nails are now
sold here at owct rate than the duty Give cenls)
charged on The foreign article. Such will be the
effect Of u fair, steady Protection to Iron ManuCac
lures generally
VI
GoudsrePol tod thai the Committee had had under
consideration the new Tariff bill reported by Mr..
Sallons'nll which, in principle and general plovi-
Sions 1t heartily approves 1t excerpts, however,
the provision OF thirty per cent. on EWoOGn Man
ufactures not enumerated. as opening n wide door
Tor fraud aud evasion IL objects also the par
turo from The principle Of Home valuation. ItrGcom
mendS therefore, INSTEAD, specific duty on wv DOL
en- Goods not enumerated, of seventy five cents
the square yard 1t also objects to the easy admis
sion Of cheap foreign Wool as interfering ,sth The
American wool grower, opening door 10 frauds,
and not necessary to our Manufactures. The com,
mittec recommend specific duties, based upon min.
imnms and Home Valuation.
The Committee report the number OF Sheep in
tho Country ut %, 100000; Annual product of
Wool $4,000 900 lbs persons employed in manu-.
featuring it $500; with their families 300 000-
Agricultural productions consumed by them So,
750, 600 per annum; cost of Wool (at 80 cents per
I'D $l7 500 900; Persons employed because of the
Manufacture of Wool. 100 ,O00 their annual con-
sumption or Agricultural products $22, 600, O00.-
Capital invested In Wooden Manufacture, 1925 900 j
900. Agricultural capital employed in producing
The Wool or on account Of the manufacture there-
OF, $2OO 700. The Farming interest in the Produc
ton of the WOODEN Manufacture is eight times iha
Of the Manufacturers.
MIR. Drnker of N. Y. from the Committee on
Auctions reported strongly in favor of imposing du
ly on the sales of Foreign Goods bv auction show
ing that such sales are almost entirely on Foreign
account, and are destructive To the American i'm
porter and trader We cannot find room for even
n synopsis OF TINS Report, which traced these Auc
lion sales through all their qualifications connected
with excessive imporlations, inflated credit, &c.
The Committee recommend duty of not less than
three per cent on all sales OF Foreign Goods by
auction.
Mr.. Greedy, from the committee on the genera
interest OF manufactures of American labor, and
The necessity of protection, made report, defend
ing the principle, and setting forth the general
gronUds Of protection, which adopted
Upon the question of adopting this report, MIR. J
Crane of Schenectady addressed the convention
with much animation and humor, in gene raj adv o
cacy Of the policy of encouraging aud preCerng
American products, in our individual we'll as
general capacity.