Mississippi Democrat. (Carrollton, Miss.) 1844-18??, 1845-03-26
CLOTHING MONopOLY-

hS ioVu Vi INC people-tne great eS
: seniial lis seized upon by the lande,
wealth of England TO feed their monopoly
All foreign competition in the sale o
bread and meat is, to great extent, OK
cluded. The owners OF the soil of Eng
land may levy tax on every mouth in The
Kingdom, and some twenty or thirty mil.
lions of people are assessed by law a
hundred per cent. on their bread and meat
beyond the fair price for which il could be
obtained but for legal obstruction, crea.
ted to fill the Golfers of the aristocracy--
not the public treasury.
The raiment of the people in this coun.
try is seized upon by the moneyed and
manufacturing capitalists precisely in the
same way, and for the same purpose -.
Woollen and cotton fabrics, of which the
clothing OF the whole people of this coun-
try consists, is taxed, on an average, I'm
GLIDING all charges, about hundred per
cent. under the pretence of protection,
when II is in fact nothing but to glul with
monopoly the immense capital which
corrupts legislation in one way or another,
TO confer the privilege of taxing the raj
ment of the whole population OF this coun.
try. II is not to protect against an over
mastering competition that our cotton ma
nufacturers ask the 100 per cent tax on
the people TO exclude foreign fabrics from
our market. They meet these fabrics in
the South American and even in the dis.
tant Chinese market, and undersell them
with profit. The high tariff is laid for
the purpose solely Of monopoly and ex,or-
ton to make enormous profits in the home
market to the whole extent of the supply
of our fabrics--ihe whole tax drawn from
which goes into the pockets of the manu-
facturers-the treasury gaining nothing by
the tax except what is paid on the foreign
fabrics intended to make up the full sup
ply, which at present cannot be furnished |
by the American manufacturers.
The consequence Of this monopoly is
seen in the different condition of the two
classes among us--thc tdrtng and the
taxed classes. The following paragraph,
which we extract from the money article |
of the New York Express, shows the state
of the manufacturing interest. The FIX.
press Is altogether in the manufacturing
interest, and would not make this exposi- |
ton, If il did not know that the real profits |
Of the manufacturing establishments ex-
ceeded those which it exhibits, and which
are given by it, in fact, to subtract from the
real amount OF gains which more correct
statements have assured the public we're
acquired under the present tariff But to
take the admissions of the Express for the |
actual profits made by manufacturers, their
condition, compared with that of farmers
and planters, is that of lords 10 tenants
the lords of the loom run off with all the
profits; those who work .he soil get bare
maintenance.
The Express says
"The cotton manufacturing interest OIL
this country is now in more prosperous
condition than ever before. Preparations
for an extensive business are everywhere
making, and it will not be long before we
shall have factories enough to make cotton
goods for half the world. A company at
Boston have secured the land on the Mer.
rmack river, at Andover, and are 10 erect
a large number OF manufactures. The
addition 10 the mills at Lowell the past
year have been very large, which is also
the case at Nashua, Manchester, N. II.
and al Saco. The mills at Brunswick,
Me-, and those near Portland, are under
full way, at a profit. The result of the
Presidential election, il was thought, would
check these enterprises, but it has not
oeen the case TO the extent anticipated
The Boot Mills company, at Lowell, have I
declared dividend Of eight per cent. for
'ix months; the Salisbury Manufacturing
a dividend of FIVE per cent; and
he Great Falls company, a dividend Of
wenty dollars on each share"
The Presidential election has not hurt ]
he monopolists. They are buying the
ivers from one end of the country 10 the
'lher; not 10 make factories enough 10
supply half the world, but like certain salt
who buy up salt wells and )
prings, or hire them 10 be idle, 10 make I
scarcity, that they may profit more by =
he reduction Of quantity and high price, !
han they could by an increase Of quantity j
nd lower rates. =
But look at the the admitted profits of
he lesser factories, from ten to fifteen =
'er cent. per annum--lhe greater at TWEEN
y per cent. the cotton manufacturer, ;;
nd then consider the profit Of the cotton. !,
rover. The best planters do not al this I
loment realize one per cent. on theiy pro.
IS. Those who do not manage well are
mixing money. The lords Of the loom :,
ocket all the profits of the government
ounty, and gain by the losses Of the cotton !.
rowers. Are not the latter, then, made !
10 mere unrecompensed operatives Of the \
primer, and by the unjust enactments Of :
[Globe.
:, r,,o,,,-.,- .u.-- 4