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


The food OF the people-the great es.
sential is seized upon by the landed
wealth of England TO feed their monopoly.
All foreign competition in the sale of
bread and meat is, to great extent, ex-
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 it 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 it is in fact nothing but to gut 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 extor-
ton to make enormous profits in the home
market to the whole extent of the supply
of our fabrics-the 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
Iply, which at present cannot De furnished
by the American manufacturers.
The consequence of this monopoly is
seen in the different condition of the two
classes among us--the taTing 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 Ex-
press is altogether in the manufacturing
interest, and would not make this expos-
ton, if it 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 were
acquired under the present tariff. But to
take the admissions Of the Express for the
actual profits made by manufacturers, THEN
condition, compared with that of farmers
and planters, is that of lords TO tenants
the lords of the loom run off with all the
profits; those who work the soil get bare
maintenance.
The Express says:
, "The cotton manufacturing interest Of
this country is now in more prosperou:
condition than ever before. Preparations
J 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 a
t Boston have secured the land on the Mer
rimack river, at Andoyer, and are TO cree
large number OF manufactures. The
! addition TO the mills at Lowell the pas
! year have been very large, which is ais
the case at Nashua, Manchester, n. Ii
. and at Saco. The mills at Brunswick
E Me-, and those near Portland, are undel
t full way, at profit. The result of tn,
g Presidential election, it was thought, would
check these enterprises, but it has no
D been the case to the extent anticipated
0 The Boot Mills company, at Lowell, hav,
0 declared dividend of eight per cent. 70
0 six months; the Salisbury Manufacturer;
0 company, dividend of FIVE per cent; an
the Great Falls company, a dividend G
0 twenty dollars on each share"
The Presidential election has not hun
y the monopolists. They are buying tn
rivers from one end of the country TO tn
other; not 10 make factories enough I
supply half the world, but, like certain sa
U monopolists, who buy up salt wells an
: springs, or hire them to be idle, TO max
a scarcity, that they may profit more b.
n the reduction of quantity and high price
q than they could by an increase of quantt
o and lower rates.
= But look at the the admitted profits {
+ the lesser factories, from ten to fiflee
j per cent. per annum--the greater at twer
/ ty per cent.--to the cotton manufacture
p and then consider The profit of the cotton
= grower. The best planters do not at thi
e moment realize one per cent. on their pre-
u fits. Those who do not manage well ar
d sinking money. The lords of the loor
= pocket all the profits of the governmer
= bounty, and gain by the losses of the cotto
9 growers. Are not the latter, then, mad
the mere unrecompensed operatives of h