The daily union. [volume] (Washington [D.C.]) 1845-1857, 1849-09-07
COMMERCIAL.
NKw Yon., Semi. 6-wednesday, 4

NKw YoRx, Sept 6-wednesday, 4p. m.
Among the indications Of the future the assemblies
Of factory mionaizes Newport under the lead OF the
dancing monopoly autocra the subject Of devising
some means Of increasing their monopoly privileges and
improving their profits the expense oflabor and the pro-
ducen of raw material These proceedings are accompa-
MED with unusual activity OF mercenay pens In all
sections OF the country eierang those stale sophisms In
favor of special that have been yanly repeated
during the last twenty years la Philadelphia, New York,
Boston, ST. Louis, and Cincinnati there Is simultaneous
oupoung of crude sympathy Tor producers and aborer
and most uneasy desire 10 annhate those who wish 10
increase the markets for produce and enhance the demand
Tor labor With tho most fancul gravity they preach 10
the farmers the importance OF selling no produce but
10 the factory lods and 10 laboreD the reasonable In
iquity OF working for anybody but monopoly compa-
MES However, Il would appear that the plain, pfac-
teal of the people 10 sumblingblock dill
cult When, after three years operation oil
the tariff Of 1872 prices Of produce had sunk very low,
and under the English demand -four and wheat rose higher
than had been for many years. wasyey difficult 70 per-
suade practical farmers that they being ruined ndi-
vdusy and nationally, by taking 80 for barrel Of Hour
instead a. The shipping interests were not afraid Of
the disastrous influence of 80 freight instead Of 70 cents
was equally difficult to persuade the consumers oil goods
that better pay Abbott Lawrence IL cents for an
article which could be had of better quality Tor IL cents
Neither could operatives how they were benefited by
taking 81 rs per week wages, In 1896 instead OF 49,
in lSis Nevertheless in spite Of these obvious dc ues,
arising, doubtless from that Ignorant impatence Of taxa
ton" which has than thwarted he best laid
schemes o. men" and millionares both here and in Eng
land the monopols's show fight The only change In style
be ule reckessness Of assertion, and lit
lie more etfroniery in advancing fancy for fact
The American Review for September has article upon
the present OF trade - in which Of my letters
for june relation the enhanced consumption Of cotton,
does appear The leading Of the letter
reiterated, with inmaton that they replied to- but
l find no reply except the following:
The article closes by stating that the selling OF large
operatives and that small quantities high prices favor
the captaliss assertion 70 which zoe ean only giue
denai II being notorious fact that low prices entail the
ali Of which conditions are those Of the English nnnacio
iS s opsayes Hsh prices and moderate sales enable
small capitalists to engage; and vice psrsa"
"a is undoubtedly very satisfactory argument
for those who con.ented with IT, but it has very e
fucnce with reasoning community The Review then
up the statements Of Mr.. H. G. Carey of Phladel
pha article OF which the Review states that had
been favored with the proofsheets in order bring
in New York and Philadelphia at like doubleshot
ted gun. 1t appears the article intended for catch
penny political pamphlet got up at the Tribune Office, in
this city, and shrewdly sold out Mr. Skinner in Phla
delphia. The is certainly appropriate
nopoy journalist although somewhat inauspicous the
operatives and producers. The Review that Mr.
Carey replies letter. but in the portion of his article
which the Review reproduces find nothing remarkable
except marvellous disregard OF facts thus in my letter
Of June stated that the English demand for
maintained Mt advanced price, and in face of large
supplies" Mr. Carey replies that the crop of the
South is only little larger than in $780, Notwithstanding
the great increase Of population" Now, what does Mr.
Carey call "only little r. The crop oflS40 1T s35
bales, and of the year closed 27O546 balesan in
Of 472i9 bales, nearly rs per cent by
so 900 bales than the whole quantity taken by the United
States In 1876 the last year of the tariff
1872 The crop delivered is 900 bales larger than
before Again Mr.. Carey says. "The rise in price
very triHg Notwithstanding all that has conspired pro-
duce the rise" Cotton began rise In January last and
has continued steadily TO improve, until the figures
city stand follows,
Ord to good Mid. Mid fair TO Fully fair to
ordinary, mid. air