Staunton spectator, and general advertiser. [volume] (Staunton, Va.) 183?-1849, 1843-12-21
THE TARIFF, THE FARMER. Sc,

II has been ascertained and well certified. that
tue Ilenham Woolen Factory,at Fishkill, N. Y,
with capital of $4,000, gives profitable en-
pioyment to 81, 432, 900 worth Of other American
capital. chiefly agricultural, in items as follows
$4,000 sheep, 30 head, $4,000; $4,000 acres
OF pasture land TO feed the sheep, in Duchess
county, supposed to be worth $50 an acre, ST.
100000; farms employed to the extent of 1900
acres al S7o an acre, 1852 900; other capital to
furnish 'eazles, hrewood, coal, provender, &c. &c.
$4,000. Total, $l,432, 900. Consequently, if
$iiU c OF manufacturing capital employs ST.
43s'VVV OF other capital, then the $500, 900 900
OF manufacturing capital of the United States, at
inc same rate, would employ other capital of the
country to the amount Of SO, O6S, ST. ,42s, or about
as.ee thousand millions Of dollars. No, to assume
'nis case as rule to determine the exact general
result, II Is near enough to show that American
mano'actorles employ and sustain vast amount
ol american capital Of great variety. The wool
growing interest of the United States alone is es.
minated at too hundred millions of dollars. The
FARMERS OF the country--of which class more than
million are interested i'm growing wool-receive
annually forty millions of dollars from this source;
.or subsistence OF operatives in the Woollen and
IRON ractoiies Mone, the farmers receive t,cenfy
|I mtMons OF doilars-in all siriy sic millions,
oeing nearly nine times much as all the Ameri-
can Hour, beef and pork absorbed by the entire
foreign market Of the world.
Al the same manner, every kind of American
manufacture employs American capital of kinds
9'nerenl from every other, and of great Variety
AnaSmuch' therefore, as tho capital employed i'm
manufactures Is only as about one 10 ten of the
capital employed by it, it will be seen that Amer
.can manufacturers -impart most essential and
'"os' important value TO the entire capital Of the
country, and, directly indirectly, not only give
prohtable employment TO every American laborer,
out enhance the price of his labor.-No laborer
could be found In the United States who is not i'm
these ways benefited, and that not in a trilling
degree.
Ne hsnr GT,c u,
rterest.
This is empha,ically the great interest of the
country, and therefore its claims are strongest for
the benefit of Legislation.
MIR. Everett, our minister to England, stated, in
speech at an agricultural meeting at Derby, in
.u'y' ioao' Ear spencer In the chair, that, atho'
the commerce between Great Britain and the u
states was twice great as between ENGLAND
ana any other country, yet the whole Of the pro-
ducts passing to and fro, was not worth so much
as the oats and beans raised in Great Britain, as
proved by their agricultural statistics, and that the
eh'ire value OF the products employing British
navigation all the world over, was moi equal TO
.he grass grown in Great Britain. Such is the
Importance Of agriculture to every nation.
over this vast American interest the Tariff of
ioaS mas thrown lis shield, first in direct protec.
ZION given 10 It's products. For cotton wool
hemp, beet and pork, hams and bacon, cheese, but
seI' lard, potatoes, flour and wheat eeuen articles
we hnd an average protection of 40 per cent,
winch Is higher than the average protection given
W mahuiactures. But, secondly, protection of
manufactures is protection OF agriculture, mas
much as our manufactures give employment to
'such vast amount of agricultural capital and o.
pen such market for agricultural products, as
mas been shown in another place. The impor-
lance OF protection to agriculture will further APP
pear from The TACT, that the annual average of i'm
ports OF the above-named agricultural products,
lot the fre gears preceding 1912, were So BAL
GOO, and the potatoes imported into Boston in one
year amounted TO $4,000. Our imports of agri-
cultural products for the above-named five years,
were greater than our agricultural exports, other
THAN cotton, to Great Britain.
Benefit Of The Tariff to Labor.
1t has been estimated by political economists,
mat the industry OF country is equal to one-ser-
enth or one-cighth of Its entire wealth. Il mich,
De said that all the essential wealth Of a natio n
consists In It's capacity for labor, as no nation
could snbsist without it. American labor, by the
Tevulson OF lS37-'10, was seen to be sinking rap
ably into the gripping fist of European despotism
by the approximation of its prices to the European
standard, till the Tariff of 1912 rescued il on tire
true American basis, with the prospect of fair
reward. ~
Home Manufactures cheaper than Foreign.
Since the manufacture of Cotton goods COM
menced In this country in 1916, the prices have
been reduced on an average about t,co-Mirds.-
Woolien goods, oi-coihs, refined sugar cut nails.
spikes and the various articles of iron manufac-
ture' leather pins, &c. &c., have all fallen mate
rally In price, the moment protection has been
sufficient to raise domestic competition. 1t is
scarcely possible TO put ones finger on an article
OF home manufacture, encouraged by protection,
which has not been cheapened; and this, too, in
'he midst OF increased wages of labor, and higher
prices of agricultural products.-N. Y. Tribune.
The annual meeting of the Stockholders of the
James River and kanawha Company was organ
lzed on Tuesday night-General Cooke in the
CHAIR. The President Of the Company, (Mr.
CaSell read long report upon the situation of
its ahairs, which we had no opportunity of hear
ing. We understand, it made no proposition to
apply TO the Legislature for assistance Sc
Iect COMMITTEE was appointed, to consider its
condition. and to report, whether ii would be pro-
per 70 apply 10 the Legislature for aid in complet-
ing the mountain section of the Canal ron,
Lynchhnrg to the North river. This section is
IN deplofable condition. The old Canal has