The daily union. [volume] (Washington [D.C.]) 1845-1857, 1846-11-07

IMAM JU,UUU uOfuie, nor more thun roooiVo0s
ia spite Of the wing "panie," and in the teeth oil
the Hruln" predicted by the tsrlfites, aud aetu-
ally in existence according to the. wiseaere cor
respondent Of the Express, subscription books
have been opened, large amount OF stock taken
by the people of Jefferson and the ,neighbonng
counties Of MARYLAND, directors appointed, and a
president, James Giddings,) chosen. The cor
ner-stone of the new factory (Which the Spirit OF
Jefferson proRounees to be profitable invest
ment'O was laid, few days since, with solemn
ceremony, by the Masonic fraternity OF haTpers
Ferry. The address was 10 have been pronounced
by f. Louis Lowe, esq, Of Frederick, Md, d.
rector; but, ia his absence, Richard Parker, esq
also director was called upon, at short notice, TO
discharge the duty We regret that we cannot
copy his remarks in full from the Free Press. We
conhne ourselves 70 the comments OF the spirit Of
Jefferson:
"Richard Parker, esq, on the part Of the com
pany, delivered a most pertinent and eloquent ad-
dress. lie regarded the erection OF this factory aB
but the beginning Of new era IN this poruon OF
Virginia. With our many natural advantages the
salubrity OF our climate, and the intelligence OF our
citizens-the day could not be far distant when the
music of the spindles would be heard at every wa
ter-ia along our noble Shenandoah. His remarks
upon the necessity Of liberal, general education TO
the masses of our people, TO develop their energies
and awaken their enterprise, struck US as being hap
PLY conceived and most appropriately expressed"
After a few words from the President, and ben
edicton by the Rev. Mr.. Head, the assembly dis
persed.
Here is a manufacturing establishment abou, to
be launched on the sea Of experiment, under the
most Astiering prospects, in the face OF the new
tariff Some Of the directors know 10 be revenue
tariff men, eontented with the ample protection"
afforded by the new tariff TO "the labor and INDUS
try Of the country"
We have cited examples enough, we trust, to re-
flute the whg clamOr against the rulnous effects Of
a. n he IA in
creased freghs TO the shippers, and the continued
prosperity of the manufacturers be what the wings
call rum" we hope the country "will make the
most of itn ... "a. ri
r. S. To exhibit the great stimulus given 10 the
shipping interest by the new tariff we quote the fol-
lowing striking remarks and facts in an article from
the Philadelphia Ledger;
"An old but very intelligent ssa-captain, now out
of service, gives US the gratifying Information, that
never, within his recollection, were the shpwnghts
Of this city more crowded with work than they are
at present. Vessels cannot be built fast as they
are desired, and orders are pressing for the next
chance upon the stocks. he went into some detail
enumeratng tho number and kind Of orders that
were waiting at some Of the Remington yards. We
rejoice at this revival Of the long-oppressed interest
OF ship-baIdlEg, and Of commercial pursuits gene
rally; and whatever difference OF opinion may exist
tothe rise Of price and activity IN other branches
Of industry, we think no sensible man will deny
that the prospective effects OF the new revenue law
Of 1886 give the life and impetus spoken Of TO ship
building and commerce.. To show how much our
shipwnghts and the navigation inlerest have been
oppressed we avail ourselves Of estimate made
by the Journal Of Commerce Of the tax which the
tariff Of l542 imposed upon the construction Of a
ship Of 900 tons burden. The prices mentioned
are the duties under existing revenue laws each
article as taken from the shipwrghts bills:
lion, 90, PAS lbs, AT SOS per ton, is $3.50
Copper bolts, II ,3l4 lbs, at cts. per 10, is COZ
Canvass, 4 900 square yds, at cts. per yd- $50
Anchors, 1850 lbs, at q cts. per To- 222
Cables, chains, &C., 10000 lbs, al p cts. 1000
Cordage, 4S AGA lbs; duty on hemp $40 per
ton 9IO
Total lax on one ship s39l7
1.-THE number Of tons Of shipping built in the
United States last year, was l46070 TONS Allow
upon this tonnage the same rate Of taxation, viz:
So 80 per ton and il appears that the tax paid by
the manu- acturers Of ships for the benefit of other
Interests, il 1854 ,S3S per annum! IL was always
the boast of the American seaman that, give him an
equal chance, and he could successfully compete
with the world. But partial and restrictive laws
have heretofore so tied his hands and crippled his
energies, by excessively taxing the articles used in
ship-building that when we look at the extent Of
these encumbrances the only wonder is they have
not crushed the shipping interest, instead of embar
RAISING it, Nothing but the skill, energy, and per-
severance of American merchants and seamen could
have prevented the disastrous issue of the whole
carrying trade falling into foreign bottoms"