Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1845-09-04
PROFITS OF MANCFACTCRrns


The Repnbcan still harps upon the pr,fi,s mad,
some oi the manufacturers, and declares ,ha, .h,,
The result OF protection" Lei us bring this alter
It will be conceded. Of course. if these large
sui from The protective policy, that. inasnuch "a ..
causes must prsIuce like Effects all mannG,,,,'
mus, exhibit This state Of nl"aied Prosperity F.
canno, see. if The tariff he the Of these h.a,v d..
dcnds. why l.vnchbnrg coiun fac,ory sh mld m, ~.
them into the Golfers Of lis Stockholders a. we'll ,.
ton acory in Lowell and Dedham. Bul j. ,;s :,
facl2 So FAR from il. if neiehbor Of The Re,,h.
will enquire Of the President Of the Lyncihurp c,u,
ny. OF any of the Stockholders. he will fhd Tia, ,l.;
dividends have rarely. if ever, exceeded f,ro r., 49,.
per annum We ask again. therefore, if protective.
lies cause manufacturing esah lishmenrs 10 Yield .,
NOUS profits, Why is The Lynchburg company an .,c,.
,ion tn The general rule Why 90 abroad 10 s.lec a..
anles Of its tendency. WHEN We have at our nwo J.
the means Of its usralion2 We have no idea thai H..
Lynchbnra company IN solitary example. On the o.,
trary,we have doubt thai large rumber Of manu,.
turing Establishments elstw here in similar ,o,a
lrn II is only here and there thai we h. ar.f al,
stance Of gains from this apparently dis, n,n,
tuned to the capital and labor employed in their pr.p.
Iion-sone five six only Of the five or six II ou4
ip f..
are cited eAan pies of The " Whole and the ,xcsoi
is made TO constitute the rule. The truth a. out Mil
generally be found be- that, in each III he css,
which very large profits have been realized by the mar,
uacnrers, II has resulted, moi from The larl the ben,
fits OF which they enjoy only in Cum, On with ii.
hundreds o others hess fortunate, but fro other ciruu
stances having special reference only 10 such ras,s
Lei us suppose case, ty way Of exemplyiby On,
meaning. We will assume tina, In lie lynrhhu,r
manufacturing company there was origin ally invested
raplal Of 100000, and HAT upon This ~ they A.,
disldng2 per cent. Bu suppose that Il, y snui sill
The hole cuncern Tor one fourth o its original cost due,
no, every one see that allhong only the amount Of
work should be done, and sold al the prcrs the ~r
cehum oi profits would tr quadrup.d? And supr,..
that IL should fall into the hands If individual h-u,
oiore aecu stoned 10 the business and combining N.
most rigid economy with the most cunsu,Ipatr skill in
its management, is il nj apparent thai the rrnGs would
be sill farther increased THIS, iakr il, i. the ,>
pana'ion, TO sume txpi. OF The suti,s iuld about IL,
large profits recently made by irw nj the mauutscu
Of The North. Bui there is at least one ,hrr cau~
fo tive refer IN The increased demand aar I'D fDr c
Ton eoods. in whch So large pr ioe of The America
fa5rns find a market. and where Of course uur rars
cannot exert the slightest influence.
But even admit. for The sake Of Argument tina, all
of our manufacturing establishments in Ihr nnr
ishing condition, which few Of them are made III ex
hihi and that their pr sprr'y WIS clearly irar,abvp
the ianf-slll We ask. Who would BIZ bet, fitted by such
change Of The system as would c"iv-rt this scene d
cheer iness and Il'niy into o snla q, d wan
Would The pnfs Of The a.ric,liur list whosc envoy
sun2ht III be kndled by such repfestn,ansr rnargrd
by Iolcy which would dnlnish NE nun.ter ri c,,su
ners. and deprive them If The ability lay for his po
duets, while II would auen r Luu her nf producers
by driving To the pl ugh many hu snrp"rl them.
selves at the forye ard The kan2 | ,fe, w,u', /.
! Tncts,ly NE rturse. AID ltsi.ts II = ainnr wud
still te ptlled 10 buy his gos AID other hm
r'sas hnuly ard, all tAI,IItuoe las d. ,onsil,
ted, le w'u't lave ioIa, hr liza M,re tie It,,
taner !tIriiltd 10 nguale IT. aik-l, AS in The
sence Of t'n'silc cen Iei.n. tie has always hrrrioGs
done. The fleet would Therefore lie Ihs-ia,
should desiry cur uwu manufacturers, Ia ,rd,r. rot ID
benz III the agricultural int resi- al oat, tul 10 su,
tie profits "i BRUSH rarila s's. md 10 give ,mpty
ment To British labor ! If III Lowell c,llon Factories
"cre "a PEELED I" cl So ih,r duors. INSTEAD If dIvim.
~ ard IL cent. Pr fiji whh il is sad of them
have donr this year. would that ,Xt,rd tie nakeo'
The agricnl urast fer his hbIrco and brad. sluffs,
anentnt II Ir;tts he obtains f III, M. diminish
tho price he will have 10 pay Er the goods he
sumes 7 Not at all The hn'fi wund ,nure r.
clns,tly 10 NE fore etsr. Ard We do nni how
AIRY American tan lie in av,r oi system likely To lead
t" such result, uni indeed he is pr pacp like VI
Med, fp. d, are thai lie ltl- dr.Icr interest
the prosperity Of Brnine lam and Sh field in Eng land,
than he Goes IN II al Of Low eli ard b. son in tie l. nid
Slalts. That, hd'fd is he cu'rc,nsh.n To " ich Tie
anli-srh party must be lucel whattser may BE- Their
lofty preienSuns 10 exclusive pariils1, which they
sometimes sci up(r themselves Mr.. MrDnir the only
one Of Them who has had the bodness In put Tie ilmus
III language; bat such must be rng Of these WIN
unite with HIM IN his cinsa ,e against VI the ihe
great pillars VI our national ind,I endrrce. And if they
are prepared To tn Is far. t,sre is step ii tn
punt 10 which il inevitably leads-a.i thu s sep,raIiou
trnn the North, and retur, c,liail allegiance to
Great Britain on the part Of tie S,uh which may ,he
be assured, if the British Pfi nant c,1 Prevent it, TINT
moi evea . hub na shall be used within all her brden
which is not manufactured by their br..hrea in the fast
anchored lsIc.'
Facts are great deal better than ihen,ies. Two