The daily union. [volume] (Washington [D.C.]) 1845-1857, 1846-07-13

). a. - ne Sss-. ~ p.sss voss t..s iasss...a
i'osn Re ls.ss. ."'ssn's 80 ., ssy uns hst-sss
TIE Ts,ht. - ths uasratssusssss ksys sisa hsss
largely insSs.ss5 " ,ts ~ - fftrss a ~
'srsls - go - ~ ~ SsSsust rsss y psgss-,oas
and sFusslisrsi psoassssses, - thsH dsassans u
psohts she's
TIE M.srs,.sk Cssauasy, - Ls.sl, wsA .
oaptsl ~ 81 0o1oo dlsidsd ~ ~ ys-f lst1
sf20 go, esiag 10 ~ csH - Ne yssF lsaa
5000 n. hstsg ~ 30 ssuts 81 A. Fsaf ists.
5000 ,O00. bsing ~ 30 ssat, tssiass Es.l@sg .
arge F.servsd fhaa.
And YET u s ..ii ta-.s shyiocks ~ ths ssttsn a.
oahnoi hep tssW msshinssy ~ aoSiss - psy ~
oper.tives their wares n ne 80 - ista, unass
which such enormous rfsAts ave Lea a,-ts, ssai
be repealed, or me inpaFs dsisss maisFsly F~suasd
and, suppose, n tho bs.suf1l dssspfton sna .ri-
fal device Of n'n"sms, ~hsFsey they 'sssis. s,ssa
three 10 Eve times ths pFossssa pFosseiioa shai n
any ~sy be disturbsd.
The principle % specifics, too u slsnos, vns-
quail and Oppressive N ''' oPsfs'ions = ne MISE
nuns
Tsks, for instance, the dutss 90 aannsl., SSss.
per yard without regard 10 The gushiy % vsas, ard
being duty Of IL per cent upon he GBs ssticls,
costing 81 per yard, and 100 per cent uPen the
coarse article, worn by the poor and costing IL cents
per yard.
The article Of iron s also another article Of great
consumption by the poor ami mtddunF tlassrai ata
comparatively Of but small CONSUMPTION ~ the rich
and yet, under this system Of specifics, the farmer
and the laborer pays from 50 20 100 per cent upon
his ploughshare and log-ehan whist the rich pays
to the treasury comparatively bat lttle.
Notwithstanding, Mr. Chairman, thcse iron man
uaeturers receiving this enormous profit Of from
so to 100 per cent upon their productions % u SAID
their fires be extingushed and Their operatives
discharged, with starvation and misery following 90
the train, " this most oppressive and usholy 90,
Of 1912 shall be disturbed and Il has been gravely
insisted upon the floor Of this hall, ~ conclusive
evidence OF such disastrous result that daring the
unheard-of depression Of 1870 and lstl, the foFges
and furnaces Of Pennsylvania were stopped the
owners bankrupted, and the laborrra thrown out Of
employ and reduced TO starvation and misery IN
consequence OF the low duties and insufficient pro-
lection afford ed by the compromise act when IN
truth, at that very time the duties upon iron under
that act were from 81 to 50 per ton higher than by
the act Of 1912
This, it is true, was but slight mistake for the
want of little examination Of the stAlue-book; and,
doubt not the fearful forebodings for the future
have better foundation, and will prove TO be but
day-dreams of fanced imaginations.
That an ad-valorem duty Of 30 per cent, Ia all
the protection the manufacturers Of iron need
bic them not only TO carry on their business sue
cessfully, but to enable them to make fair and
sonab pro fits, think is satisfactorily shown by
table have before me, prepared by James Hall,
Stale geological engineer Of New York. for the year
l845, and which beg leave to read
" Cost Of manufacturing iron in the United States and
Great Britain compared.