Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1849-09-28

L
dulent and swindlhg proposition. intended 10
cheat people into the support OF high protec-
tive tariffs, for the benefit of the manufactur-
ing capitalists OF the country, is thus refuled
by whig paper.
We find it copied into the editorial columns
of the Chronicle and Sentinel, which thereby
exhibit how much il cares for the interests OF
the people, in comparison with the interests of
the American iron masters:
The Iron Manutacture.-How much the
iron interest is suffering in this country by
foreign competition, says the Philadelphia
North American, may be Judged by The fact
stated by the Albany Evening Journal, that
the Directors of the Hudson River Railroad
Company have actually paid 10 Peter Cooper,
esq of Trenton, the large bonus OF $4,000
for permission 10 retire from contract entered
into with them for rails. The contract was made
for SGT so ton, but since the English rails
are offered in the market in unlimited quaint.
ties at about $40 per ton, the company find it
profitable 10 pay Mr.. Cooper $54 900 10 rem
der the contract with him nulty, and then
turn around and buy English iron. American
iron masters cannot live in the face of such
competition. A contract for parcel of Brit
ish Railroad iron has been made al $37 SO
per ton, delivered al New Orleans
The lordly owners of iron mines, would be
MASTERS indeed, and would rule the people
with rods OF iron, if the wings could get the
power and establish their 0E5-PRoTECTIvE-1
policy in this country. They would protect
these iron masters in extorting from the peo-
ple two and three prices for the iron they use
Hoes, axes, nails, horse shoes, trace chains,
pots and ovens, and railroad iron are doubt
less too cheap entirely for whig notions The
people should not be allowed 10 get cheap
iron from England, our great customer for our
cotton Notwithstanding three thousand miles
of ocean roll between US and the British iron
mines: notwithstanding the expenses of trans
portation TO the sea ports, and the various
chaIges of loading, unloading, and profits OF
merchants added on, and on the top of all this
tariff duty of thirty per cent. ad valorem, the
, American iron master complains that he has
not got protection enough: that iron is still too
cheap. The Wing papers talk mournfuIly of
how "Me iron interest is suffering in this
country by foreign competition
Is it not better that the '' iron interest should
suffer by being compelled 10 take the fair mar
ket price for what il has got TO sell, than that
all the people OF this country should suffer by
being compelled, by unj ust laws, TO pay 10
that interest double prices?
We see no hardship or injustice in our peo-
pie and railroad companies being allowed TO
buy English iron for $37 $4,000 per ton, in
stead of compelled 10 pay the American iron
master SGT 5O-1OO per ton. If the latter can
not do living business by selling as cheap
as our people can buy from others, let them
try some other business. In this country ev-
cry body cen live if they will work, without
the help of the government TO legislate money
into their pockets.
This subject is worthy the attention of our
o1t1 Il Il IL
them 10 show, by their votes, whether they
sanction policy. and will give power TO al
party whose object is TO force up the prices
of iron in order 10 benefit comparatively afew
persons in Pennsylvania and Maryland a POI
Icy which would tax our people tens OF milly
ions OF dollars year, and at the same time
cut off our Government revenue--a policy
which aims to drive off the best customer the
South has for her Cotton, which Eng land
takes in exchange for what she sells US. En-
clude her iron, by prohibitory tariffs, and Eng
, land is made less able to buy our Cotton and
pay us good prices. Constftutionaltst.
!. The wings have been boisterous in their
} professions Of admiration of pacific policy
: They represent General Taylor as man OF
peace. lndisposed to war, and altogether tor
policy conciliatory to all nations. Some peo-
PIE nave expressed apprenensions lhd' tn'0
cant about peace will invite the aggressons
of other nations We have no apprehensions
on this subject. Other nations understand the
hypocrisy and demagoguery of the wing par.
> ty two we'll to venture anything upon it. Let
; Taylor show the slightest symptoms of his
belligerent propensities, and every little and
, big wing organ will begin TO belch out fire and
smoke You will see our pious and peaceful
neighbor out with flag and drum, followed
by crowd of boys and negroes, raising
company for glorious war. Peaceful indeed!
In his belligerent fury he would bite tenpen-
ny nail in two, and then swear he had not
changed at all.-Lomsville (Ky) Democrat
SPECIE IN New YoRK.-The amount OF spec
Gle in the New York banks is over $S'Ooo''