The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-12-17

FLOUR anu Moe .s...oWt. I,osloSi
leaI-0rein. ........ ...qrs. I,sVo4IS
Flour and Meal .....cwt. 7,soo.seo
The total for ls47 Is equivalent to upwards Of ten
lion quarters Of grain In nine months above 500 per
than in the corresponding period of the year
The Importation Of raw materials for msnufaotui
purposes, has this year been limited; consequently
exports have been limited within the past few mon
The depression existing In the manufacturing distr
at the last accounts such to destroy ell hops
any immediate improvement, and the reduced pric
cotton is calculated to keep back supplies, and red
the stock ON hand in the principal markets of Eurt
The supplies in the hands Of the manufacturers Of
rope have become much reduced that any more
In the demand for manufactured goods, would hav
favorable influence Immediately upon prices and give
impetus to the market. The consumption Of cot
goods throughout the world has, duing the past y,
been nearly a. large as ever, Tin this country 1t |
bon far above the sversge) andthe quantity in the m
kets must have become very much reduced. This
tend to raise prices for the supplies In rst hands,
loss the manufacturers recover from their embsrrs
ments, and renew their operations with considers
activity
Our manufacturers still continue exceedingly soti
They never were In q more prosperous condition
expectation Of cotton goods from this country to |
reign ports has within the last six months been lar
than ever before, while the home demand has inersa
large per cent The absence Of foreign fabrics has
creased the consumption Of domestic goods, and d
manufacturers have been very actively employed In
ing up their orders. Under former tariffs tho MAJ
featuring interests have not been permanently pI
soerops The changes made from time to Il
have been of Q nature calculated to withdraw 81
port which many have depended upon. A majority
the manufacturing establishments now In existence
this country were started under thu protection Of
tariffs and most Of the changes in the tariffs since tn
have been towards reduction. The protection sno
cd by high duties, in several instances rsmov|
without extending protection by chan
In the financial system Of the government. The II
change has covered both Of those points, and the pr
perty Of our manufacturers 10, ct this moment eq,
to any former PERIOD when the tarn was formed sms
solely for the protection Of this interest The protect
withdrawn from the manufacturing interest by the add
ton Of revenue tariff has been extended BY the sped
system adopted in the expenditures and receipts Of
government. So long as these principles adhered
there viii DO very little danger Of any difioulty smo
this class, and - our domestic and foreign markets
and our manufacturing interest becomes streng
ened they will not be sensitive of moderate changes
the policy Of the government and w shall hear less
protection and less talk about disregard indus
The Manufacturers are protected now a. much "a on
more general and more permanent. The Indspsnde
Treasury Act is more Of protective measure for o
manufacturers than former tarins were, and % 50
should receive their oountsuapes and suppork
There ID reason In the world but the want Of %,
tai why manufacturing interests should not nesss
with wonderful rspidity. The want Of capital gre
drawback, butt viii not be felt many years As soon
the policy of tho government in relation to its AnAno
and commercial systems 10 known to be permanent q
soon the protsctonists, become satsned that 4
support Of tho government mot neoesssry for the
tence Of manufactures, there win be large amount
capital seeking that species Of employment, and ,
shall ind this department of industry pretty v
oiled. 1t IL even now much more extensive than
generally known. Within the Iasttwo or three yea
immense tracts Of water power have been pursbss
in different sections of the country and companies ha
been formed for building extensive mills. for the man
fscturs Of woollen, wors cd and cotton goods. In
years these places will be large manufacturing oti
equal to Lowell. New England must be the manufactr
ing section Of the United States The unappropriat
water power Of that pavt Of the country ID IMMENSE
the manufacturing business yet In It's infancy.
Every other section Of the country has it, manufa
turing villages and the extent Of this business can
pretty well demonstrated by the that about onsthi
Of aggregate cottsn crop Is consumed north and
of Virginia. This leaves out the entire consumption
cotton west and south of Psnnsylvanis aud Marylan
Ohio large manufacturing State. Gsorgis IL inors
sing very fast In this branch Of industy In fsot
state In the Union will soon be able to supply lar
portion Of its own consumption Of the principal qua
ties of cotton goods.