The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1845-02-14
AMERICAN MANUFACTURES.

The remission oil the uuty on
Cotton. The Mayor presided and The prin'
,ipal speech was made by Mf. X. IL.
Greg, late NJ. p. from Manchester. Ailer
speaking or the amount Of lhetax, amount
ing to 100000 year on the consump'
lion of the country, and of other clroum-
slances which made It's remission exceed.
ingly desirable, he directed special a'tcn. 1
ton 10 he ndinre and tricm 81 NE compe. .
iiiion 10 rhich Eagiish mantfacinrts were
opposed from The United States, which they
had to fear far more extensively and IN
mediately than from any other quarter.--
His remarks on this subject are entirely
too lone for us To copy; but their interest
aud Importance lead US To present an alb.
sirac, Of his statements. The United
States, he said, had every advantage IN
having the raw material on the spot, and ~
having to ply no duty, and the cost OF
freight and insurance of cotton 10 Boston
and other ports OF the Atlantic was just
half Of what il cost To liBg II 10 Liver
pool. The entire advantage enjoyed by
The American manufacturer in the matter
of frcigh,s, insurance and duty amounted
to l21 per cent on GOTTEN at al. pound.
In the m mute, and he believed perfect.
ly accurate statement Of the Glasgow ne.
mortal, il was put much higher ON cotton
at 3D.. pound showing an advantage of
25 per cent, and on the other which cost
Esd. peI ID. mol less than 80 per cent to
the American manufacturer over the Eng.
Esh manufacturer who had to compete with
him. This advantage amounted, in round
figures, to abou, Sd. per ID. on the aver
age Of cotton; and adding TO that The grea,
advantages which the Americans possess
scd in their moving power, water power
being almost unlimited, and costing % per
cent only of what British steam power
cost, and little further advantage which
they had in the -four for their sizing, it
amounted, he said, to a clear advantage Of
Id. per Id. on all the cotton consumed, or
10 per cent. on the bulk Of the coaise
goods, and ID per cent. on coarse yarns.
After these estimates, Mr.. Greg pro.
cecded to say
"Wuh these immense advantages, could
any one wonder at the rapid increase Of
American manufactures, or that they should
supply all their own consumption for we
mus, not suppose that English goods had
been excluded from The American market
by their high tariff, for coarse goods had
been long. long excluded, by the very low
price at which they were produced by the
Americans themselves. In 1923 the ca.
tire manufactures Of America amounted
only to 1863 packages (the valuation not
gwen in 1921 to 2,494 packages; in IS.
80 10 o,306; in 1888 to l3, 207. Subse.
quently the value of the manufactured pro.
duce was given in dollars. In 1891 i: n.
mounted to s., 0sJ, 900, considerable in.
crease over The preceding year; in lS3j
I to 81 Bot, 900; in 1888 TO S3,,J5, 900 in
1899 to S2,97j,000; in 1910 TO 1919.
600; in ls4l 10 3,l22.0 in 1912 to
$4,000, 900, and for 1913 the estimate in
/ Messrs. Jones, Gibson g. Ord's circular
was between s6,000,000 and 81 900, 009
II was also known that, in ls43 one bal
Of the exports ts China had consisted o
American domesiics-that is TO say, the
export 90 China Of American domestic.
was equal to one half The entire shipment,
from Europe and America. (IIear.)
" In The circular he had just referred 10
Of the date Of September, lsi3, under III,
head of domes,ics,' il was observed, 'Thi,
article is in;er(ercd and successfully com
peied with in all foreign markets ~ tho
American manufactures, and will, we have
reason TO believe, ere long be ent rely su
pcrseded by Them Such were their pros
poets in the opinion OF one of the most in,
teIigeni houses in this town, who had very
extensive connexions IN every part Of the
world. But TO establish more completely
this very important point, h.Ihcr they
we're or were not 10 be beaten b. their RI
walls in America. he would read some cx.
tracts from letters from the Indian aud s.
American markets.
From Baenos Ayrcs, Mrssrs John An.
derson & Co. wrote, IA March IA -
Having had establishments on the River
Plate, both at Monteydeo and bueuos Ay.
res, for The sale Of British manufacture,
for the last p years, VIC have had oppor
'"hi'lSo VI hiio"ib7 tllHt iiNiN WIZ idi ~
imports into these markets Of cotton good,
manufactured in The United States; and
if such competition shall continue as ii ba.
done for the last few years, il will almost
compel US 10 decline receiving consign
meuis Of goods made in this county, par.
llculariy OF coarse domestics.
"Then, on the opposite side Of Amcri
ca, from Valparaiso and Lima, Mcssrs
Climbing, Brothers & Co. reported, thai
the competition of the American manufac
lures on the west coast Of South America
was increasing, and would become more
active as the skill Of the American weaver.
increased whilst in the China market
which had lately drawn in all its supple,
Of yarn from Great Britain, large quaint
ties Of these goods were sent from the U
States. There was also very important
evidence on this point from the house o.
Graham g. Co., Of Glasgow, who had deal
in these articles in almost every part of the
known world, and who stated that hey had
been obliged to abridge their consignment,
Ia all fhrSn mn Laef cnropored ,vtth ,vh,,