Holly Springs gazette., 1845-02-22


! INFLUENCE OF THE AMERICAN TAR
i IEF UPON BRITISH MANUFACTU-
RING INTERESTS.
Wecopy .he following from an abstract
of the Foreign News, received by the steam.
ship Cambria, lately arrived at Boston.
| from Liverpool. l. will be seer that the
| growing importance, and successful compe-
tltion In pr aces anu q@a3afy, of American
Manufactures, under the salutafy influence
of the home prOtoetlUe poticy, Is attracting
the serious attention of British manufactures.
and has even given rise 70 proposition ia
| the London IgneS, to remit the duty on
| Cotton; with a view of course. to the cheaD.
or. production OF manu- facfured Cotton
| Goods. This is a striking Commentary
indeed. exclusively upon the arguments of
| the opponents of our protective system at
| home, who maintaln that the burden of our
restrictive duties fails upon the American
producer and consumer, aud Is especially
Oppressive to the cotton grotoerS Of tie nth:
But hear what BRITISH manut tactarers say
Ck0f<scale Chroniele
AMERICAN MANUFACTURE Ss-A large
meeting was held at Manchester on the 7Ih
ult., TO urge upon the Government the Te>
mission Of the duty on Cotton. The May
or presided ard the principal speech was
made by Mr. II Il Gregg, late NJ Pfrom Man
chester. After speaking of the amount Of
TAX, amounting TO e6G0,000 year on the
consumption ofthe country, aud of other
cifcumstansances which made lis remission
exceedingly desirable, he directed special
attention TO IKE nature aad exteai of lie
competition 10 acbicb Eag{isb manufactures
icere erposed from the Ua5teG Statl 5, waich I
they had TO fear far more extensively and +
immediately than from any other QusIter.-
His remarks on this subject are entirely too
long Tor Us to copy but their interest and T
importance lead US TO present an abstract cf +
his statement The United States be SAID, F
had every advantage in havng to pay no
duty, and the cost of freight and insurance
of cotton to Boston and other ports oil the
Atlantic was jusl haifof what it cost to
bring it to Liverpool. The entire .advan,
tage enjoyed by The American manafactu
ref in the mater offrelghls, insurance and
duty amounted TO 49, per cent On cotton al
ID pound.
In the minute, & he believed perfectly ac>
curate statement otthe G!aSgOv memorial IL
vas put much higher on cotton al 81 a pound
showing an advantage of p per cen, and on
the other which cost , SD per ID. not
less taau 36 per cent 20 the American man.
ufacturer over the Eaglish manufacturer
who had to compete with him. This ad,
vantage amoaEtea, in ro0ud figures. to a
bout ad per 10 on the average Of cotton
and adding to that the great advantages
which the Americans possessed in the NOV
ing power. water power being almost un>
limited and costing p per cent. only of
what British steam poWeI costs, aud a Lit,
lie further advantage which they had 10 The
-four of their sizing, II Amounted, be said, 10
clear advantage of Id. per 10. on all the
,otton consumed, or 10 per cent on the bulk
# coarse goods aud 10 per cent. on coarse 5
yarns.
Afler these estimates. Mr. Gregg procee>
led to say: q
With these immense advantages. could Z
my one wonder at the rapid increase Of :
American manufactures, or that they should
uppFy ali their own consumption for we
must not suppose that English goods had 8
zen. excluded from the American market
y their high tariff, fer coarse goods had
cen long, long excluded, by the very low
rice at which they were produced by A.
ssthemselves. In 1928 the entire
of America amounted onlv to
,763 packag ges (the valuations rot given y
4 627 to 2.494 packages; ia 1880 to )
06 1888 to 07.-Subsequentlv the
alue OF the manufactured produce was Of. q
en n dollars. In 1884 ii amounted 10. So :
5000, considerable increase over the
receding year; in 1885 to S2356 900: IN W
638 to S3,768 600 in 1889 TO 6 .q75, or
90; 10 1910 10 3,549 000; in 1871 3.I22. s.
% in l6!2to $4,000 600, and for 1919 a. a.
le estimate IN Messrs. Jones. Gibson &
'rd's circular was between S6 600. 600 and th
4 ,OoO0OO. 1t was also known that In ~
543 one half of the exports TO China had -
'nslsted OF American domestics-that i IN m
", the export to China ofAmercan dornes.
IS was equal to one half the extire shin ha
ents from Europe and America (HearA :"
La the circular be had Just referred TO. Of ri
e date OF September, l643, under the head th
Naomestics, 1t was abserved. "Tha. articS IN
Is lntefiered and successfully competed p; p;
iih In all foreign markets hy the Amer,
% manufactures, and witt, we have reason DR.
believe ere long be entirely superseded pi'
Us M Such was their prospects in the N,
hnion of one ofIhe most intelligent houses Tho
lhIs town. who had very extensive con. an
xions In every par: of the world. But 10 an
-aolish completely this very important ~ ~
INT, whether they were not to be beaten dn
their rivals in American. he would read
dle extracts from the Indian and South 0oa
erican markets. vi
rom Buenos Ayres, Messrs. John An. tity
fSOn N 20, wrote IN March 1914 :