Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1846-03-05

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which established with the Government and
has stood the test Of experience through all the tri-
ais Of political parties and administrations, from
Gen. Washington TO Mr. Polk. II appears more ex.
traordinary at this time, as the country is in high
state Of prosperity. The revenue il enough for all
the reasonable wants Of the Government, and the
people appear to be satisfied with their condition.
The resources Of the country never developing
more rapidly the increase Of our population, the
present year. will probably equal that Of the last
which estimate at 600 900 souls our wealth too
has been wonderfully augmented by the consruc-
ton Of rail roads there has been a great increase
OF our shipping, engaged in the domestic commerce
of the country, not only by sea, but upon riv-
ers aud great lakes the manufacturing interest has
been largely extended and the soil too, has been
made TO produce vastly more than at any former
period The whole productive power Of the coun-
try has been greater in three years THAT is since
the passage OF the Tariff of ls42) than during any
equal space Of time in our national history There
have been three periods Of universal distress
throughout our land since the peace of 1888 and
in each case under low duties ! appeal to those
who remember those periods and to others, refer
to the annals of our country. These periods were
from 1888 1.-THE conclusion OF the revolutionary
war; to 1889, 1915 to 1924, 1897, to 1912.
would respectfully recommend to the Secretary
Of the Treasury. who appears to have received new
examine the history Of the legislation Of Congress 1t
the above periods He will find in his own depart.
ment Of the Government, an abundance of evidence
Of the distress that existed under low duties aud
deranged currency
There is prevalent idea abroad. that the capt.
ial OF the country will suffer exceedingly by re-
vusion in its business and that the Tariff OF 1912
has operated in favor Of the capital, nd not the la
Dor of the country. There can be no doubt that
capital is generally profiSbly and safely employed
and well paid. The profits Of capital are low, when
wages low but capital has usually had the pow
er 10 take Of itself, and does not require the
aid of Congress to place it in any other position,
than 10 put the labor in motion Congress should
legslae for the labor and the capital will take
OF itself will give you an example Of the rate Of
wages under low duties, and under the Tariff Of
1912 In ls4l and 1912, the depression in all
kinds Of business became 50 oppressive that many
of the manufacturing establishments in New Eng
land were closed, the operatives dismissed, the me
chancal trades STILL aud every for the
laboring man seemed dried up.
In the City of Lowell, where there are more than
thirty large Cotton Mills from six to sixteen thou
sand spIndles each. II was gravely considered by
the propretors whether the Mills should be stopped.
1t was concluded to reduce the wages this was
done several times, until the reduction brought
down the wages from about 81 TO 80 per week
exclusive Of board this operation took place upon
between and 5000 females the Mills run on no
sales were made Of the goods the South aud West
had neither money nor credit, and finally, it was
determined to hold out till Congress should act up
on the Tariff The Bill passed. and of course the
Mills were kept running, which would not have been
the case, il the Act had been rejected and now the
average wages paid at well,-taking the same
number of females for the same service-is 50 per
week exclusive of board. Yet Mr. Walker SAYS la
Dor has fallen, Where are the wages Tor labor, |
ask, lower than they were in 1912! Who is to be
benefited by the adoption of a system that gives up
everything and gives reasonable promise Of any
,hingl
have succeeded trust, in showing that there
is no probability OF our exports increasing, in con-
sequence of reduction of the Tariff and that the
products OF the Western States find the best mar
ket among the manufacturers at home In regard
to the Southern and Cotton growing States, they
to be greatly benefited BY the increase of con-
sumption Of their staples at home. No appreciate
quantity can he shipped to England il the Tariff
should be repealed, ii being already free of duty
The establishment and successful prosecution OF
the spinning Of Cotton in this country has enabled
the planters 10 obtain for several wears past at least
an additional cent per round on the whole crop,
and perhaps even more. The Americans are the
greatest spinners of that article in the world, the
British excepted. This competition has kept the
price from falling TO runous point on several &C.
casions, and it has been acknowledged by many OF
the most intelligent planters in the South Our
consumption reached, the last year, one hundred
aud seventy-six millions of pounds, which is equal
to the whole crop ofthe Union in 1925 and equal
to the whole consumption OF Great Britain in 1926.
This is a striking fact and one that should be re-
membered by the planters This history ofthe pro-
duction and manufacture of cotton is so extraordi-
nary, that propose to send you statistics on
the subject furnished me by friend. hope you
will not deem me over sanguine when ] tell you
that il is my belief that the consumption Of cotton
in this country will double in or years and that
it will reach 400 millions Of pounds in 1856 and,
further that we are not only destined to be the
greatest cotton growers, but the most extensive cot
ton spinners in the world We have all the elements
among ourselves to make us so. The manufacture
of cotton is probably in its infancy but moder-
ate portion Of mankind have yet been clothed with
this healthiul and cheap article. Nothing can stop
the progress of this manufacture, but some suicidal
legislation that will PROSTATE the currency Of the
country, and deprive the people Of the means Of
consuming. There can be no legislation that will
break down the manufacture Of Cotton and Wool
excepting through the operations of the currency
We may be disturbed by low duties the finer de-
scriptions of Cotton and Woolens, printed goods
and worsted fabrics, would be seriously affected BY
low adj valorem duties but the coarser fabrics, such
as generally consumed by the great body of the
| people, will be made here under any and all cir
cumstances. If we have competition from abroad
the labor must, and will come down this has beer
often tested, and our experience establishes the fact
CRAKBERRIEs.-The quantity OF cranberres sold a
| Faneuil Hall market during the past season, we ar
informed, amounted TO obout eight thousand bushels
which at three dollars bushe, the average price