The Middlebury register. [volume] (Middlebury, Vt.) 1850-1882, 1851-11-19
Mechanical Industry in Vermont

We observe Bill providing for III,
formation Of associations rs manuiaciurin,
conn anics," was introduced in the lesislniur,
on The 10Th inst, by the Represrniniiy,
from Niddlcbury,-ihe editor OF this upper
and referred 10 the ComailIee on Manu-
iactures. As a Young man, il might be eS
pccted Of Mr.. Barrett that views of legisln
ton, pressing upon him from cxigcncies un
der his own observation, would engage hi
attention, rather than such rs are URGED con
iinually upon the legislature by habit al
privileged topics, having no just claims TO pc
culiar consideration excep; what they owe
10 prescription. Such are the rules of Iitira.
ton, an endless mass Of topics, capable Of
every variety of useless ingenuity, and. af.
ter being once settled, really of NO more
special merit or importance than the pro.
cesses of any o.her department Of business
between man and man. Banks constitute
another prevailing aud almost exclusive ton.
ic, during much Of each session Of the leais.
lainre. In this case he claim for sound,
suflirient currency, and for facilities re =
CURED by business, is an important one, up
TO the line Of these requirements. But Of
what inferior consideration arc they, 10
measures designed 10 increase the productive
industry OF country secondary though cs-
seniial in their character, and should wait at
II safe distance upon those oil the latter class,
The object being TO facilitate production and
producers and nc, to accommodate the loan.
Ing Interest, by which the public mint be
better served it directed 10 motive rmploy.
ment. The construction oil railroads hy
lrglslrlive authority pertaincd to another
department Of policy. This was nccdfu To
give The industry of the State an opportu.
MY Of development, and being in part con.
summaicd, demands already that the oppor.
tuniiy be avaiIed of, and that measures be
taken by which such development may be
effected. We are happy that II measure has
been presented, simple yet efficient ard
IImaly, the tendency OF which will be to
initiate the community solely ami gradually
into new methods of indusry,and eventually
10 turn all our capacities, natural and arti,
iiclal including the resources Of skill and
enterprise of an increasing population. 10
the most profitable account for all interests.
he measure proposed is a general cor
poration law, similar to what exists in Con.
nccticui, under which men may associate,
contributing in proportion 10 their means or
wishes, in any manufacturing enterprise,
thus committing themselves at far rs they
choose for experiment, testing the praciica,
bihiy OF an enterprise gradunry, aiding often
the skill of those who have not capital with
the spare means Of those who have, and so
constituting an indefinite power Of extern
sion and multiplication in branches Of BUSH
ness found 10 be remuncraive. a General
Banking Law has sometimes seemed nmaz.
ngly popular, as a cheap and comprehensive
levic e for making add loaning money,-an
Easy business no doubt, whirh may perpetu-
ate want it may never satisfy. a better
ina bolder device is to ABORT the means an.
proved and recommended else where for the
employment and increase oil capital. A
is needed from TIE Banks 10 fncil.
tate exchanges, but the values which il rep
'escnts originate from industry and the soil.
FG-