The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1852-02-14
TIE DECLINE OF PRODUCTIVE Is.
ETSTRY

Tie 2c!kno9 Gazette, Published At Mere
Lth Br...1-e, y. II. save:
The ere roy IN W. HlnTs ire c..e
!ra,,.r,! tAn@>aid siiat.,, :l.s;;n-. TIC a,..;.
combining t.'-.,. j,.>r:ol and r,r.. . ,:in.
and ;::v y. ~! ':oe,:,.: = t.:-'n TO IL, Crran
Is IA AMI H:"t,% Z, y hen he, vr~., 4,,,,.v
IL" i,.,li'r pl''' c'..aS! ,::,,. .;;,ii,nas erd
u..l.io:,- - Lar c1-.,i.-s ". n,,r. ,n,a<i-,-
urs "a. s.;.....i Z.r.. invested IN ot,l IT,
t".'.. "'o., li,,'v !,UFY o:v" cave r.w II.
and !n,"ras-, .! .I',i,iiu1d 20 every l.hor,r N
every department.. now lie worse than useless
spee.ac!cs .: ".cIancho': and disappointment.
rot to the o"Ac! oH!v In, to every filler Of
the soil! and to how many more our arith.nc-
tx can but poorly tell
The same general fact here stated of IL"
mills in New Hampshire. applies also to the
factories in other States The domestic con-
sumption Of raw cotton, which in 1876 had
reached 5oo,oo0 lalc>. or about one quarter
Of the whole crop, has diminished to ahpnt
$4,000 bales. ami is decreasing still This
falling oil in the domestic demand has upset
tn" increasing competition between the for
con an! domestic markets. AID has given to
the Liverpool spectators and brokers the Ell
TIE control q prices. This is the secret of
The great falling of in Tic profits Of the cot
n-crowers, and so far as they We're instlu-
mental in establishing the present free trade
tariff. '.vcri!v they have their reward"
1t is li.rh time the people should under
stand that. Of all The promises made at tn,
time of the PASSAGE of the Tariff act of 1siG
not on" has been redeemed if we except the
Temporary increased revenue to the govern
mrnt We say 'caporGrg increased revenue
because. # t'nn@s 90 on at their present rate
it will soon ie impossible for the government
70 collect adequate dniirs for its support. ant
il VII he in the condition Of the miserable
Mexican government. The present flourish
=, inI condition Of the National treasury is a,
h" expense OF the blood and bones of indus
~ ANIL trade, ai,. blood and bones will give
OF. a, last.
, Mr. Walker promised that, under the opcr
! alton OF his system, brea,lstuffs should rise IL
, Tiirc with an increased demand: but the OK
port of hrea'lStnff> is not 50 great now as !,
was in 1876 and the price of wheat at til,
! West is only forty to fifty cents q
bushcl. with all the increased facilitie. fo,
transportation The whole export of bread
s.ulls IT, present year will not pay for the
six foods l9uoried-to say nothing of al. the
other IMPORTS
>Ir Walker Promised that there should be
great inerc'S" il: the consumption Of arti-
= '''"S % rrm" ne"es>itv-th.,t is. great in
crease III the comfort Of the people under
his free trade tariff. Bat the statistics show
' that TIE "on.nnption ot cotton goods has di-
it::'-hcd more than Gle third the consump-
'ion Of iron has fallen Oft ole third, and our
mercantile marine engaged in the foreign
tra ,c has considerably diminished. What !,
~or@", with ali our receipts of California gold
rI"Aey is loaned at two per cent month. and
is >-"Tce even at TIA; Oar mel .,llior OF ;lc
"tcinmonwca!lh" gra:cly informed Us few
! days s;rre that Mr. Walker was pretty hard
: customer "iion fully aroused on his fnvorite
Il Eo,,'., o:tir,r :!a',c. We wish our n"i.i.l,or
"c...! ass, u IA rpua.ng him sufficiently IL
maze LIN e> n..i:i ,i,. cause .. tho us!, fats
VI ;:|" Yer, i"ia.',! i he IAN get the