The Middlebury people's press. [volume] (Middlebury, Vt.) 1841-1843, 1843-02-22


,ho Boston Alias, showing that there existed
fair demand for q domestic wool, and that
from ether papers we had discovered that
nr,ces were frmer. These circumstances
ve viewed as an indication that more was
wanted from the country fer consumption
but a: the same time carefully gave warning
that considering the sNppago of so many
factories, the want of confidence in the con-
,ipuance OF the Tariff, from lis very enact
men, threatened with repeal by the locos'
and the immense surplus in the country rea'
Nv 10 overflow the market, no important
change of prices could be at present an'ic-
mated. A; this Cur sapicnt correspondent
who las long been disciplined in the school
cf locofocoism, has suddenly taken hre,
charges US with fiaitcring the wool growers
with better prospects ahead, and clearly IN
s:.uales that 20 moro domestic wool is al
present wanted. because, notwithstanding
the new tariff, SO much South American
WOOL is now 10 market. We are US We'll
satisfied as our correspondent can be, that
the depression in the price of domestic wool
is in some small degree owing TO the guam
ti;y Of the South American article lii the
market, which will include some portion Of
fao wool coming in competition with ours,
and we regret that Notwithstanding the
STRENUOUS and patriotic efforts of the Wing
party in Congress, they could not overcome
ms uairing ators of;heir oPPonsnts 10 de-
feat higher duties. They dad however sue.
coed ia making he tariff much better on
dis fsTeign article than it ever was before.
Vast quantities Of South American wool
are exclaled,o: pay much higher duties than
under Tho old regime. No thanks TO The
nveeraie hostility of locofocOism 10 proiec-
ZION fol- this.
But to come directly TO the point; the
low price of The domestic article is by no
means chiefly 10 be referred 10 the 10000
bales cf 3uenos Ayres wool or my o,l.er
IL las market. For half dozen years past,
from five 10 eight millions Of that wool has
teen aalaGiiy imported Into this country Of
IS. rates of duty than at present, and yet
during :wo thirds oftbis period our farmers
a4.e been receiving from 40 10 so cents
rs- ID. for their nceccs. Let our cores
ponien, refer these foc;s it he can 10 any
other cause than ;ha. which We esteem Tue
tue QUO. tins. the South American article
does not essentially come il competition
with the domestic. What farmer Of the
Green Mountain State would ask protection
for raising wool for six or seven cents per
pound, 70 be manufactured into carpets,
blankets, negro cloths, and baizes. Some
thing else ;hsn :ho importation Of The coarse
cheap woods Of South America must be
searched out to account for the present low
price Of our vol. TIC every intelligent oO-
server the causes arc obvious, and are COM
prized in the gradual reduction OF TIC tariff,
the immense foreign imPorta.lons, the de.
raEgement Of The currency, the stoppHgc Of
manufactures, and the consequent surchaTge
IF the market with both the manufactured
article and the raw material. The effects
Of this combination of causes, the offspring
of locofoco policy. have brought our ugri-
cultural interests to ;beir present dep!orable
condition. Haressad by locofocoism, and
b-iayed By John Tyler, the Wings have
been able 10 n'erposc but single restora.
live measure 10 The downward course Of ihe
co1ntrv. The tariff has done something.
Had it failed, the price Of wool world have
sunk still lower than it now is. l, has pre-.
waited az utter stagna,ion of manufactures.
Wool, Which otherwise would GO. be sold ct
al, is cash a, q reduced price. Ii is gradu-
ais CONSUMED by the factories. More will
be wanted from the country. 1hare is a
fair demand, end the article is frmer at
present qsotations, and but for the frighlful
A0''l Of repeal, repeal, proceeding from at
party which will soon be in the ascendancy,
WOOL even at tho coming season, would
command a tolcrsble price. As ii is how
ever we count upon small advance. The
'sndencies of the tariff are all beneficial
as ouoyancy has prevented us from sinking
10 The lowest depth, and provided it is not
'ePeaied, will gradually raise us 10 the sur.
ace. And can it be possible. in such
slate Of things, with nothing 10 hope for but
III Inc continuance Of the tariff, will even a
geo Congress dare aguin boy The knee TO
southern sia'eocsacy and resolve on fatal
aoahdonmeui. We hope for better things
PTe' from iacofocoism, destructive as il
hitherto has been.
/ REVIVAL.