Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1849-09-11
RICH MOND, VA.
Monday Morning, eptombcr 10, ls4o.
list CnN.I.IiSInNS-

JUST CONCLUSIONS.
The Philadelphia Times leaves the E.anufac-
turers but little ground 10 stand upon, even
taking their own data TO be true. As The Wings
have declared war on The Tariff Of 1876, and
for high protective duties, the truth should be-
spread over The land TO meet their assaults. The
Philadelphia Times has the following excellent
argument:
The value If io5or and tic Protective Tariff
Tbs on Masters Conn ntion.
portion OF the iroo masters of Pennsylvania
lately met at Pittshurg, and put forth mani.
festo in favor of high tariff. The interests of
tho trade were referred 10 q committee, 10 re-.
port on, and said committee reported, .that as
early as 1908, during the embargo, the iron trade
began 10 flourish in degree unparalleled, and
that this prosperity continued until The close of
The war with Great Britain, which so lorg as
that lasted, Afforded ample prot etiya 10 tbs int.
rtst-to agriculture and 10 labor" The com.
nit &c then say:
"Ihat 50 soon as this protection was removed
oy The re opening of trade with England con.
sequent upon tho peace, the price If iron, of
agricultural produce and labor went down to
degree indicating the absence Of almost any
demand for agricultural produce and labor
That up TO 1886, pig iron sold in the Pittsburg
market at $50 per ton-wheat through the
Country at 81 so per bushe, and the prics Of
labor was $50 per month That in 1890 and
81, pig iron had fallen TO less than So per ton,
wheal 10 20 cts per pushed, and labor TO Sc per
month. That tho successive tariffs of 1922, 81
49, had tendency 10 restore the prosperity of
all these interests, each of which continued to
trn1 ~ az. a..
riu Of 1892, came 10 be felt in the markets Of
the country by re opening our ports 10 the iron
OF England. That the system of this compco-
mise reached its minimum rate in 1912. That
such was its fec:s upon the Interests alluded
TO, that pig iron, which had increased in value
to $55 and $50 per ton in 1886, fell 10 SIT so
and SIS in 1912. That wbea, fell from 81 Sd
FER bushel, TO 40 cts, and labor, from being in
demand Il, high rates, in cash, went begging
Ihst we bad decided impro cement in each Of
these important nteres 5 in 1873 and cUhtnu-
ing on through ls44, rs, 10 and At; ard tina!
pig iron, which was in current and ready dsma
in 1875 ard until l647, al $50 and ;s37 per ton,
is now without demand, and saIos weekly re-
ported to u, OF good iron at $40 per ton. That
from these facts your committee are brought 10
this inevitable conclusion that, as iron and la
Dor arc protected by on adequate duty on i'm
ports, those interests flourish. That as that
protection is Withdrawn, they languish and
die"
they also assert
"Thal during The years from 1912 10 1916, Sc
venly-hye new furnaces were erected in The c3un-
ties We represent That since 1916 there have
BEEN but Mss new furnaces bull"
The Convention lnen passed seven resolutions,
presented by The Committee, and adjourned 10
81 p h ia Dr..H. D. 4. =.
which lalI Taylor is represented by The Wing
Expressed his decided disapproba;ion oi the
present tariff as utterly inadequate 10 The prolec
lion oil money Interest which demanded il, and
Sd ii that he C nsiered The change from the tariff
OF 1912 10 that Of 1876 as unfortunate 10 many
valuable in'efes CT The country, aud particular.
~ 10 that ii labor"
The first vi lhc Resolutions passed, vas
Resolved, That the present depressed stats al
the iron trade has its origin aid is entirely caused
by lie low rate Of duly al watch Engli,h iron is
1876, and its jadicipus ad vaorem principles"
Then oow Tour RS In io:s cuEia ming The
Stereotype Wing winnings about the fear, ii there
IS not a nigh anf, o reducing the price OF labor
IN This country 10 the pauper standard OF Europe,
ali o! which are very well il they did not want
one ma erial irsrecieni, viz: honsdy-thai they
10 not embody The honest opinions OF The
Convention is amply SET forth in The 9th reso!u-
lion BY which il was
"Rssoved, Tna; ii is the d i.y Of The iroa ns,I
and a ,rieulturaiists in Western Pennsylvania, 10
h,:d meetings in their different counties and or
sanizs, Tor the purpose o.! peiiionin3 CongIe:s
or change from The present advaio!rm TO
system OF specific duties OF adequate protection
to The labor CT country"
Here We have il. Meetings are 10 be hClten-
organizations 10 b. made for the cs,ensi5.e pur-
pose OF procuring an ''Gdtqlats protection 10 Ia.
Jor" But wa are ~ b. asked 10 these meet
inss-wno are 10 compose the organizations 3
The aburing men2 Oh no. They are not 10
b. asked. They are not mentioned in lhc reso
lu.ion. They ale very we'll for wing politicians
and iron-mas!ers TO pass resolutions and make
So. cchcs about, bu. they had b.ltsr stag al home
and work Wills, The master. IKE cafe oil their
interests because tnry might out vote their en-
ployets without KIN, Wing what is Tor laeir own
good Are not such The thought, OF The writer
OF that resoluron3-are Nc such the actions vi
The Whig.l So much by way Of an episode
now Tor tn. main object Of our article, which is
TO prove by the iron-mas'crs own sae-
n-n's as given above, that although high
tariff may bring "good time" aud Tor
tunes 10 somsto:y that somebody is not the
working han--.haI when iron has an cmpl! pro-
tcetlm, The mas cis may gel Iich but The conli-
lion Vt the l.borer is not improved. ReaGer
what i. an "anlrle pfo.eciioL2' Ten fifteen,
twenty, thirty, tor'yper ctnl Net al all. The
,ruu-masiels nave had these under the various
;.rif<, bul according TO their uwn showing, IAN
pie protection IL this interest" insists or a total
exc lsian. The only lime during which they
askn dss such protection, was the exclusion
which commenced with The embargo AID ton
tiau.d until The close OF The war with Grral BIZ
N ali otI,,
lif gave il 10 them.
III. lol owing table exhibits III, statements Of
the lnmlee in a condensed form, AMI also CAL
cula'ions lhereirom of the quantity OF waeat
years avor would have procufet:
rec ID per ION for w!est pr per month of wheat each
their iron. bush. t!Ir6' Tor labor iaborer could