New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1847-09-24
Manufacturing DIstrcss.

Manufacturing Distress.
From he Ep,aiag Post. Sept, r.
The newspapers teen with evidence o. the "lsics'
the manufacturers The Distress howesef,s OF Nsiy
different sort that predicted BY Henry C.ey ana 40
Jo Isvfenco a. the consequence Of mitigation 81 the
jefe bigh duties IL distress for waterpower dis-
for spindles and looms distress 'os ron
meeting the prodigious demand Tor American manu-
An Eastern newspaper, the Bunker Hill Aurora gives
example Of the distress, which has been renewed ID
remarkable manner MIR knights Of SaNongc one Of
the new manufacturing towns which has been bni up I'D
Massaohusctts within short time past sod the wee,
Of Boston, augment rs supply o. walsr lor ne nSI
10 invest this money IN manufactures ioI the business
profitable be up BY one who has had some eN
chased on branch OF the Concord River named Assabe
swaerpower twice valuable os that which he owned
quarter Of mile IN extent TO be ted from immense ieer-
esfabishment The Bunker Hill PRINT expresses the eN-
pecaton that here Is the nucleus Of another new Guy
which will be reached by the contemplated branch OF is
railway from Concord Lancaster and Sterling passing
directly by the mandatory, along the banks Of tne
Asssbef ,-....,o o.. Al,
1t every manufacturer, who IS so fortunate as IA
knights In hndng an oppeItun,y 20 10 i G % become lie
profits IN such manner that they sha IN lu
source Of profits equally enormous May are aouoies
yv mon another without being able obtain
the gains thus ured much more than Ordinary return
the unfeehng world, sorry to say moes Out 10 II
but very stinted sympathy IL is not every one who can
rightly estimate depth and pOgnancy OF TINS sort OF
misery Hereafter the world grows more tfanseenoen-
ts these things will come to be beiei unoeIsoou ~;
lssi,. md novests weaving them into
pathetic than ClsTssa Harlewe Anoihsr OVID va" make
culsting Libraries will TEEN with such novels a. ne De
hesSed Mill.owner and The Sorrows OF Abbott Law
renee" -. - -. ho.x =;
favor Of the restoration high duties of 1872 the
most wantony impudent pTetenson that We have met
with for long time. IL is claInor without the smallest
excuse. The most prosperous class OF the community a.
ready drawing from the great mass Of
the population who their goods are calling upon
the Government 10 make ampler ievies oi men
We Gaze not however. how long how vehementy they
make this call II will lead TO more speedy consoeIaoa
question whether the Tsrh ought not to be revised
with pruning away the duties that are excessive
and burdensome.
II We rarely neglect opportunity-to let our
readers see what are the views of Political Econo-
my held by those who oppose as, and by what ar
suments they are sustained. The Erening Post
being one of the ablcst and most prominent oppo-
nents of the Protective Policy its articles are often
transferred to our columns to be pondered by our
,ssdsr.. in return for which the Post sometimes
oondescends to say that morning print puts forth
some very crude or unsound notions with regard to
the Tariff Question. The above is the leading
article of Wednesdays Post Let us con
slider pos
Thirty wears aso. when the Post as promi-
nent a Federal as it now would fam be Demo
cratic organ holding the identical doctrines 1t now
does with regard to the Protection of Hope Indus
try and on most other fundamental questions. Mr..
Abbott Lawrence was wise liberal wealthy
thrifty merchant Of Boston engaged In Foreign
Commerce. He owned ships imported goods, sold
them and made money like many OF his towns
mon He sought change in our National Policy
desired none. But the Democracy of that day
and especially of the Free Labor States, imPera
lively demanded a change. Pennsylvania, through
her Snyder. Tod Lowrie, Lacock Baldwin, &c
Kentucky through her Clay and his colleagues
New York through her Tompkins, and especial,
through a most sweeping and cogent Address from
the .Tammauy Society or Columbian Order pu
forth with great unanmity, demanded the adop
ton Of system of stringent Protection. Mr. Law
renee and the Boston capitalists demurred, re
sisted, but were finally overcome. and the Pro,eC
tive Policy established-,he Democrats generalt
supporting. the Federalisis opposing IT, Eve
down TO lsSs, majority Of the votes OF New Ems
land in Congress opposed the Tariff Of that yea
while its trainers and chief supporters were MART
Van Buren, silas Wright. and the Jacksonis
Members from the Free States generally
Ye. even this highly Protective Tariff did ne
have all the good effect anticipsted-ior Abbot
Lawrence s,ill made money He had by this tim
abandoned his Foreign trade. bought weterpowe
bull, dams and factories, and set to work in tn
cloth.msking way and doing well enough I
be quiet and content Others. however were nc
90 satisfied Multiplying camor was got up; III
Tariff OF 'ss sacrificed to save the Union and on
annually spproximsling to Free Trade substitute
for it-and still Abbott Lawrence made money
The country. however. was less fortunate 1,
Industry was convulsed then psrslyzed; its Re,
enue dwndled away TO Fifteen Millions per q,
num-a sun utterly inadequate. So the Tariff
isaa was enacted, and Enterprise revived. luau,
try aOurished. the Revenue became abundant tn
National Resources and Wealth rapidly expande
in short every thing was as it should be save III,
Abbott Lawrence continued TO make money.
That of coarse would not answer the Tar
of4e was sabverted in turn. and that Of 'i6 esta
lshsd. avow edly as measure OF Revenue slon
The Wings were urged. imPorsaned TO unite in
Compromise which would save almost entire q
Tariff Of az. but they sternly refused saying &c
tiemen opponents you have the power NAL
now such srsrif as you want and pass it-v
have part nor 10, in the matter. We stand
our own ueasure-d0 you make one that suits VI
a. well, and let the People jadgs between then
So they made their bill and passed is-uos a VIII
having a word tot say In the matter no, even Il
dot Of AM nor the crossing Of being the work
Whis hands. This is the Tariff we are now lvis
under. and were trying to get along with i, as W,
A. possible, when 10 the Post breaks the spell
our security with the cry for new overturn of Il
Tnif-ior Abbott Lawrence still makes money