Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1846-08-27
p,nic, Ruiu,r uumbug!!!

Democrats and not the wings tnat DESIRED panic
The truth is, every man Of intelligence now sees
that the tariff policy of the country is settled for some
years. and that basis more favorable to the man.
ufacturing corporations than they had right to
pect. They will consequently proceed with their
business upon safe, sure and comparatively perma-
nent policy, and we have doubt their prosperity
will be greater than ever before. As evidence Of the
favorable state of things, take the following para
graphs from eastern exchanges by single mail :
RuIs.-We learn, says the Trenton Emporium, that
Mr.. Peter Cooper the owner Of the large rolling mill in
this city, has raised the wages OF his hands since The pas
sage Of the tariff.
MoRE.-We informed, says the same paper, that
mandatory has been started within few days in
South Trenton. An industrious Iaboier has commenced
the business Of making horse nails son his hook
h1ving the fear Of the tariff Of Wing ruin be-
fore their eyes.
Still MoRE-The proprietor of the Glenden Iron
Words above South EasioD, says the Argus has largely
increased his business since the passage Of the tariff
Why II that the OF these works do not
plain for The want Of protscfoR9 During conversation
with the chief agent the other day, told that
they did fear the tariff, and would receive in
jury from its effects, unless perhaps through the foolish
and ridiculous panic which some few trying to raise
in cities.
GONG AmEAD.-A large manufacturer in this city told
Saturday, says the New Haven Register, that the
prospect for good fall business better than
now, and that far from dischargng his hands, he
could not get many he wanted. lie IS wing, but
he is be panicked help political demagogues
factory has been started at Wallingford,
dersand since the passage Of the new tariff law, with
every prospect Of doing good busines-and hear OF
others, in different parts of the State.
cotton factory is about going into operation in
Hampden, this city In fact the evidences OF pros
perity all about and the confidence Of sensible
too strong be shaken by the efforts Of the panic
makers. The Wing press may succeed in inlurIng the
credit or some Of its endsbut that is account they
must settle between them
BENsoxvILLK MANUFACTURING CoMPANY.-This COM
PAW, which incorporated last winter, have thirty
cotton looms operation, and adding others last
they be got ready. They have hundred
looms, and when the mill is its full capacity, 81,
400 spndles will be in operation. This establishment,
when in the full tide OF oPeration-as we hope
it will be-wilI add considerably the business of
the town.-.yeao Hampshire Gazette.
MAHoxrxe IRox WoRK.-We are informed that these
Messrs. Wikeson, Wilkes IL Co.. went into operation
last week. They located at Portland the Aaho
ming river in Ohio This the first American furnace
in which the pig iron has been made with biium
nous coal. These works have been year in con-
strucon and very acknowledging calculated TO a
ford employment to 300 men.-Bgf Com .ado.
More IS."-Sxty three bouncing, rosy-cheeked
country girls recently engaged by agent Of the Ca
botvile Mills, Mass, passed through our city day
their way their homes. This certainly does not
look much like the realization Of the predicted ruin to
manufactures Troy paper.
SERVED EN- Rteu--We understand that the work
men employed in the Thompsonve Carpet Factory,
whose wages had been reduced 20 per account
of the passage of the tariff BILL refused to work. and
that the Company having many orders on hand, had
10 set them 10 work at the old prices.
In relation 10 this last company, the Rochester Re-
publican observes:
fact that the prncely manufacturers of Thompson
sonyilIe and TarIfve, Conn, promptly reduced the
wages of their operatives % per cent, soon as Nc
Kay's tariff passed That fact proof enough
was truly obstructive measure !" This reduction was
evidently prcconcerted and combined movement; but
few years ago their wokmen struck for higher wages
and these same Ordly and phanthropic gentlemen sued
them for combination, and imprisoned some toenty of
them Hartford Jail! This practical effect of
the regard for the aborer which high tariffs engender,
and according wing authority, is far reliable
the yerdant and the lncredulous.
We conclude with the following specimen of cool
impudence from the Tribune, which for a week or
two previous, had teemed with bowls Of distress
ruin-and repea:''
"The journals the Polk Walker and Mckay inter-
evidently chagrned and disappointed at the calm
manlness with which their great financial achievement
has been received by the Of those Immediately
affected by They looked for 4 panic-a revulsion-a
tornado general shutting up Of Factories blowing
OF furnaces dschargng OF workmen, &c, which would
have enabled them revive their potent war-cry, fhe
Rich against the Poor and nfame the passions Of the
ignorant with of combination of Employers
sarve the Laborers into humiliation and slavery. But
nothing OF the sort has taken place. In few instances
there have been momenary displays OF petulance
dgnaon, but the general expression of those
in the interests struck by the New Tariff has been,
"This the law Of the land-we bound to SUBJ
NIT to till 1t can be changed, and TO get under il
we best CAM
As the N. Y. News observes: "The moral of this
remarkable change of tactics is simply that the effort
at panic making failed signay and that the existing
condition of things is too foreign from panics and re-
vusions for any power of misrepresentation to per-
vert"
And the conclusion of the Wing press of this State
we guess, will be, that their efforts to help on the
panic are not needed.
DEATH OF COL tanning Died at the Henri