The daily union. [volume] (Washington [D.C.]) 1845-1857, 1851-04-03

Comparing the two periods, we find the quantity con-
med from ls47 to 1850 to have been 600 900 bales more
than that consumed from ls43 to 1885, ard increased
per centage OF the whole CROP The actual increase OF
each period was about 100000 bales What better eyi-
dence is needed 10 show prosperous condition OF the
cotton trade under the low duties of 1916
On page 80 you make mention of large number OF
cotton mills in different States which have stopped within
the last four years. and attribute TO the passage OF the
tariff OF 1916, and the of sufficient protection. That
some mills have ceased operations do not doubt, but
have not the al hand OF saying how many; nor is
the present tariff in any way responsible Tor these stop
pages There are no goods imported Of the kind these
not in any way have into competition with them
They made principally coarse cotlons and woollens.
The reason OF these soppaSes may be attributed to the
same that which obliged many iron furnaces
and iorges to cease opera,ions-namey, the want Of
money and knowledge OF the business enable their
owners carry them The fictitious prices caused
by the high duties under the tariff OF 1912 ndaced hun
dreds and thousands to embark in the business who were
wholly ignorant of it, and who had not sufficient capital
to sustain it. They obliged TO hire agents and
overseers sometimes almost gnoran, themselves,
and whose Interest extended no further than their wages
The natural consequence was, extayagant outlay OF
money 10 put the mills in operation, and subsequent
Encouragement OF the business; and in three or four
years the money had run out and the establishments had
TO be shut up, and many Of them sold for debt. The
most moi all, OF these mills would have been obliged
10 close ii there had not been any change in the tah
laws, because from the want OF capital and experience.
they would no, have been able TO compete with those
Establishments which possessed both these requisites To
make more plain, will liken il 10 the inhabitants Of
our large cities going into the country and turning farmers,
which occurs almost daily, and with about the same
cess as these inexperienced manufactures Being wholly
unacquan,ed with the business, these citizens imagine
anybody can be farmer and that they will be able
10 make Their fortunes at IT, Therefore, while the fever
IS on, they purchase farm few miles out OF town.
move themselves and family upon IT, and commence OPP
eralons. Now they find on, that farming, like every
other kind OF business, requires experience May be the
husband hardly knows hoe from plough, and the wife
cannot distinguish churn from spinning wheel on
he one hand the husband can neither plough. SOW,
reap nor now. and the wife is ignorant OF all house
hod duties and in consequence thereof, they Obliged
% hire everything done. Knowing nothing about the
euSness themselves, they pay double wages 10 their
nands, who do abou, half much work they ought
ndo Thus goes on for few years, when they sell
Out, because they are losing money and move back 10
lhs city, satisfied with their first essay al farming On
me same farm and with one-hs the means, country.
man would have made money because nnde stands the
business. Now, why has the farmer who is Obliged
* Out as much right to complain OF the tariff as the
manufacturer
Another reason Of these mills stopping "glui"
10 ihe market, caused by the overproducton which the
nrd oil s42 gave rice to, and which you say rs
nence OF great error in the sysem under which they
produced" Who doubts the error in system which
holds out Inducements for people TO rush into business
without either means OF experience to carry il on and
which must inevitably result in failure The market
vas 40 ovssoeked with goods tina, they could not be
manufactures for remnnerahnx prices, and the high du,
ues IN reality injured the manufacturers The high pre-
NUNS offered by the tariff Of is42 first caused the south
ern people to turn their attention this branch of bus
ness and they bid fair 10 become dangerous rivals OF
northern manufacturers, and TO unjer-seI them in their
own markets. Having the raw material at their mill
ooors and making operatives Of their negro slaves they
wil be able, with few years experience to manufac.
re goods much cheaper than they can be made in any
omef paH OF the Union; and after while we may ex.
c bear Massachusetts asking to be protected against
ne cheap goods OF Georgia, Tennessee, and Alabama.
hn ridiculous Tor you TO say that the present duty
ooton goods runons TO that branch Of business when
pee so much evidence 10 the contrary staring you
m IN hs lace Since The passage Of the tariff Of 1916,
zoe new city OF Lawrence. in Massachusetts, with pop
uauon OF ten thousand, and nearly ali engaged in the
"Angiac'ure OF cotton has been built On the bank. OF
me Connecticut lew miles above Springfield, in the
me s'ae, another cotton city has sprung ny the
me tme, and in every section OF the country new en-
sslprises OF the same kind are being started These
s are worth than assertions, and prove, be-
lond eav or doubt that the business is still money
MAKING one, OF there would not be so much new capital
invested in it,
~ will now introduce some statistics. to show more
eay The condition OF the cotton business under the
n OF sf6 and. first in order, will give the dividends
""e suffolk mills for the years is43 and iste;