Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1852-06-24

in 40, 80 aud go, 600 less than in AS, 40
that the consumption has fallen off twenty,
FIVE per cent. Many cotton mills entirely,
others partially suspended. OF eight mills
under his charge, four have been stopped
eighteen months. The four IN operation.
medium sized, from 5000 to 600 spin
dies, have lost S54 900; add the interest
on capital, SIS 900, and you have, in one
year, a loss of sl02 600, besides injury
and loss by machinery lying idle. Wooden
mills have suffered equally with cotton
mills. More than an hundred millions of
property in New England, invested in wool
en- and cotton manufactures are now entire
ly useless to the proprietors, and made so
through the act of 1876 / commend that
fact to the gentleman from Massachusetts.
Pennsylvania in one year lost iory-three
per cent. of her enormous investments
Two of her mills that took the premium al
the Wold's FAIR, have been compelled to
stop; but purposely leave Pennsylvania
interests to the defense of her sons In
1919, the Treasury received in revenue
from iron only S34l 800 more than in
1915, while two men lost in rolling mills,
by the tariff Of 1916. 1856 600. If those
two men had paid out OF their own pockets
the whole increase of revenue, they would
have been gamers TO the amount of Sll,-
0c0. Compare the loss of those two men
with the loss Of the whole, aud then the
loss of the whole to the insignificant gains
of the Treasury.
There is great deal said about the loss
by the South ~ the escape of property, but
what Is IT. The census shows that, OH
out of 3, l9S 324 persons escaped in 1850 ;
that Is, LIZ. l63 part (0He hCcire hoHs0Rdth
part escaprd) was lost. In answer TO in
quiries, the estimated value ranges from
$500 TO $500 per head Take the highest,
and it will be SSOS, 800 for the whole South
IA sum not equal to a hundrcdth part Of
the loss in manufacturing IN New England
under a tariff passed by majority Of South
ern votes We have as PLAIN RICH; To
protection of our property 10 manufactures,
as other men have 20 their property iu
slaves. The first laW passed under the
present Constitution, aud by IT'S leading
trainers, was for encouragement and pro-
lection Of manufactures 1t was recon-
mended by Washington, passed with his
approval. and sanctioned by his signature.
After the war of 1912. cotton planters
asked protection from cotton manufactured
east of the Cape of Good Hope, previously
free This was granted, aud that law COM
PEELED Northern men to 60 against their
wishes into manufactures The cotton
planter sooner than his Northern friend
rises above the necessity Of protection, aud
dsdaniuly turns his back upon his former
helper.
In this connection, look at the conduct
of good old North Carolina. Her Demo-
cratic Legislature, IN retaliation for senti-
ments entertained towards her peculiar in
,tituuous, and her locomotive property, in
;tructs her delegation IN Congress against
any change in the tariff that snail benefit
Northern miners and manufacturers. But
what has she lost In 1850 she lost "a
ont of 2SS ,4l2 slaves, gohe somewhere,
North. or South, or West, no one can tell
She has lost IA 500 part that kind of prop
erty, worth, according to the Highest estl-
mate, S5l 200. More property than that
was lost IN Vermont IN 1850 in the wooden
manufactures on the htlle creeks and fresh
water trout brooks, never heard Of beyond
their school districts. No one ever thought
of telling it to the Legislature, aud getting
up instructions for a system of retaliation, a
game at which tioO can play very conyen-
ieuiy In 1850, South Carolina lost III
slaves. worth by the estimate of her able
representative, (Mr. ORR Sl2 800. can
find scores of men who have lost slngly
more, IN wooden manufactures, 10 one year,
than the whole Stale of South Carolina,
aud never thought of disunlon as a remedy.
shall close thus part of the subject by the
summary of Mr. Carey
d" Under the tariff of 1872, We built mills
and created machinery that enabled us, III
less than SIX years from the date Of It's
enactment, to increase the consumption o
cotton from 261 900 TO more than 600 ,O0t
bales aud to increase the consumption pei
head from seven to thirteen pounds, witt
every reason to expect that II would soor
reach twenty pounds, To the great advan
lage of the producer of cotton aud the con
sumer of cloth
We built mills and created machlncr,
that enabled Us, IN SIX years, to lncrcas'
the domestic manufacture of wooden clOtl
from fhy-hye to eighty-hye millions O
pounds
8" We opened mines and built furnace
that enabled US to increase the domesu
production of non from 200 900 to NOR
than 500 900 tons, and to increase the cOu
sumption per head from lhirly-eght to nine
ty-elght pounds.
Z" We built rolling mills that enabled u
to commence the manulacture OF rallroa
iron, aud to extend IT Ia that brief perio
to almost I00, 900 tons.
8" We increased the production of lea
from $50 to 500 600 pigs; that Of hem
from IA, 900 to 10000 bales; and TN
of wool from forty-elght to seventy million
of pounds
, The manufacture of corn aud hay lni
pork and beef, butter, cheese, and lard, WI
extending itself at a rate unexampled
the world and the value per ton OF the e
ports from the West to the East was steadi
; advancing.
" We thus made market for more CO
5 ion, and yet had more to export; and Il
tariff OF 1912, that found prices lower ths
+ they had ever been before, left them alre
e dy advanced one fourth, with every reas'
! to expect that they would soon be perm
# nently fixed at higher standard than hi
i been known for twenty years
d We thus made a domestic market
= food, to be consumed by the growers
wool and of hemp, and the products of clio