Wheeling times and advertiser. [volume] (Wheeling, Va. [W. Va.]) 1839-1849, 1846-08-05

iron brought 10 New York or Boston may be |
bought aud is bought at lower rate, by one
bali, than the average cost ol bringing the
iron from the mines in Pennsylvania 10 the
same market. You see it is question be-
tween land aud water. The rates of freight
show the truth OF this. II can be determined
by prlces-current. that iron can Ne brought
from Wales To Boston at half the expense IN
CURED an bringing il from Pennsylvania to
Boston. Any proprietor of iron mines in
Wales can send the Iron TO the United States
Tor from one dollar and halt to two dollars
aud a halt per ton. For that he can send it
from his mines TO the wharves at Boston,
Now Pennsylvania cannot get it there from
The mines Tor less than from three TO five dol
lars ton. Well, | say therefore, it comes
exactly down-it we mean to maintain the
manufacture of iron in the United States at
all, we must keep up the duty; and IL we
don mean TO maintain il, let il 10 down.
But the great contest which the Pcnnsyl-
wanna iron-and by that mean all the iron
/ oil the Unacd Siates-has. to sustain is not
against Welsh ron 50 much as that which the
coal col fennsy lvanI9 has To sustain against
The Nova Scotia aud Brunswick coal down
here IN the colonies. Ii happens that YES.
sci can come directly TO the side of the noun:
tains and bc loaded from the mines, without
any land transportation at all. The lime
trade oilers another remarkable illustration
oi the same things. In New England they
have very little limestone counlfy-eaSt OF
the range OF the Green Mountains almost
none. All the middle States and great por-
ton OF the Southern States contain much
limestone
What is the fact ian this case7 WHY the
comtfy from n. York TO n. Orleans is sup.
piled with that limestone chiefly from Maine.
Why should this happen? These are lime
stone countries. We have very little lime
and yet we supply you with it. Why it
bappens because on the shore OF Maine down
at YOUNGSTOWN, thele is oac--thus lIr-incx-
haustibl2 quarry OF limestone; and the vessels
can come up To the limekiln aud get it, aud
when IT Is got on the water il is no matter
how far IL has To be carried. Ii Is of very lit
tie importance as TO the price, whether il be
discharged a n. York or Philadelphia or New
Orleans. Ii is the expense of the land trans
portation al these heavy articles that Consti
tntes so much OF the cost, and Tor this reason
the iron OF Penn a. in those mountains cannot
stand the expense OF transportation to Bos-
ton and New York and there meet in compc-
luton with the iron OF Wales without the
iuli degree or protection IL now enjoys, and
therefore say, II this bill pass, leaving iron
with all Its manufactures and ramilications /
! 80 per cent. they might just as we'll put il at
/ D per cent.
| The manufacture declined under the old
j "compWmise act IL rose in i2an1 the la
Dor ol persons employed rose in proportion.
That law WAS certainly hailed in Pa. as being
coniormable TO all her views and opinions, aud
capitalists were led to invest--in what! Not
only III mines and ships, but also in those I'M
deriakings necessary TO bring the coal into the
market. Why, look at the Reading Rail Road
s;Nde Tor no purpose OIL earth but TO bring coal
ooM; iTom Pottvsilie TO elphia--can any
Senlieh-n tell me whatit cost?
MI hkC-sR--upwarls OF ten millions
nT' "e t. My friend tells me it cost
--and that is TO b. aGsss., 10 ,L.sa.;v ,n;1I;ons
(invested In furnaces.) h.I ,ben ,hs c.,,,aI
cost five or six millions -alios..ier NO, less
than twenty millions OF money cXt>',I'.i -,
railroad eorporarion@and canal corpoiSttv.,,,-
Ia Pennsylvania for the purpose of facilitating
the transportation Of iron and coal.
NOW, 1 wish TO make one remark worthy
10 De recoliected IN all our political economy.
The increase IN the investments of canitaI in
gieat works of this kind necessarily tends IN
reduce the profits OH that capital. That is n
necessary result just as natural as those causes
which occasion water to flow to the sea IN,
| then II has exactly the reverse actionulon la
Dor, for the more that capital is invested in
these great operations the greater is the caR
Tor labor, and therefore the ratio is here the
other way and the rates of labor increase as
the profits OF capital diminish. Well, is there
anything undemocratic and unpopular in such
system as that--a system that causes di-
minuiion OF profits to the capitalist and con
nj Al, l..
oil labor
This 20 per cent of tn, actual amount is no
joke in commercial operations Now here is
proof again from tue nature OF things of the
great advantages tmat it gives TO the foreign
article, There are mines at Wilkesbarre, "
ing OH the Susquchanna river, aud the coal
can there be bIoughti nd put on board I'm the
river as cheap as Novia Scotia. But there is
not the slime facility for getting it to the see
They have degree OF facility, and BY taking
the cans ii is allie TO compete with The coal
at Philadelphia aud else where, that comes
down rhe Reading rail road. Yet il could not
enter into competition with the Nova Scotia
coal.
The cost of transportation from Potisville
to Philadelphia, though by the noblfst land
c,rriage in the world, is equal TO the cost of
NOVA ScCcia coal free on board the vessel
81 SOO per ION. NOW III you aud duty oil
thirty per cent to that il comes to 81 ,95-on
board at Philadelphia il is S3,5O-that is The
difference. NOVA Scotia coal is 81 30 at Bos.
ton. The freight TO Boston OF Pennsylvania
coal is 81 % making the cost in Boston of
Ptnnsy lvania coal s. %. against 81 30 Novia
coal--a clear, mathematical preference of 81 !.
% per ton. That on a ton which costs As
But now let me take another view of the
same subject. What is coa1 Is tia produc.
ton OF nature OF is it production of art. OF
IS IL production OF human labor? What !.
~ will take ton of coal at the wharf Al
Boston. Its cost is s. ,20;--or what Is that
made upi How much OF the raw material
How much OF laborl The propnetors of the