New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-03-18

productive yet at this moment three
fourths Of their gigantic wster-pO yer,
which of itself can hardly have cost so
little as One Million Dollars, is Running to
waste. Why cannot Free Traders be ia
duced to take it up, since they constantly
affirm that Manufactures aie doing veil,
when we'll managed, under our present
Tariff Do not their acts clearly hello
their assertions
Take another instances, silhia our more
immediate vicinity. The Mstseawan Works
in Fishkiii, Dutchess County, which had
for many years been actively and profisbly
carried or, furnishing employment to hun
dreds and subsistence TO thousands, and a
very large and satisfactory market to the
farmers Of that vicinity, have become insoi-
vent under the Tariff of 46. Their ad-
mirable aud cheap water power, maehine-
shop, several factories, dwellings,, extensive
grounds, &C., were long and widely adver-
tised, and at length sold (n pareels) at auc-
tior. The recent opening OF the Hudson
River Railroad, bringing these works with
in two hours ride of our city at all seasons,
have greatly enhanced their value. Yet it
was perfectly notorious for months that
these works would be sold for less than
half their cost. No one could well imagine
a locality on the American Continent more
admirably adapted to Manufacturing. Why,
then, did not the sale by auction attract
some eff the capitalists who so confidently
assert that Manufactures only need good
management to flourish under the present
tariff? If they believe what they assert,
why do they inves. their money in Trade,
in Bonds, in Lots, or in Dwellings, when
here was an opportunity to secure most
eligible property at half price ? At all
events, they took care not to buy it, leaving
it to be sacrificed and the Protectionists
who bought it months ago, have not yet
been able to put it into operation to the ex-
tent of third of its capacity.
Such facts as these are wofully abundant
throughout the Country. The Iron inter-
est, all know, is virtually PROSTATE. In a
few favored localities, Iron is still made )
but two thirds of the works now in blast are
barely kept going in hopes of better times.
We are buying our Iron mainly Of Eng
land-very cheap, the importers say-yet
our entire consumption is less than our
Home production would have been if the
Tariff of '42 had been allowed to stand.
We are buying it at low price, yet are
unable to pay for it, and are drawing bills
on posterity for the purchase money. Mean
time our own ORE beds remain in good part
UNEMPLOYED and many Of them, doubtless,
undiscovered and politicians and traders
tell us we ought to buy Iron of England
because we can't make SO cheap, when in
fact nothing is yet known, nothing can be
yet known, as to the price at which we
might make Iron if we had a fair chance.
There is no Railroad to the Iron Mountain
of Missouri, no Canal around the Saul Ste.
Marie, &c. &c. 80 that our most promising
deposits of Iron have scarcely yet been
scratched int. We are assured that choice
Blooms may be made on Lake Superior
below $25 per tun; Steamboat Canal at
the Saul would cost Half Million Dollars ::
Plank Road from the cultivated, grain
producing section of Wisconsin might cost
a. much more; and these two works would
open the Sweden Of America to rapid set
Element and develop Mineral wealth and
industry scarcely equaled in the world.
Had this Ship Canal and Plank Road been
constructed FIVE years ago, their cost would
have been repaid to the Government by the
consequent sale of Lands and the consump-
ton Of taxed Imports before this time. But
not even the narrowed Hsrbor Appropria-
tons can get through Congress, because
the same spirit, the same political axioms,
the same party necessity, which dictate
the prOstration Of American Manufactures
on the seaboard through the denial of Pro-
lection, constrain likewise the defeat Of all
bills making provision for the development
Of the internal resources of the Country.
The remedy rests with the People. They
may, if they will, choose President and
Congress at the ensuing Elections who will
restore to the Country that activity and
thrift which were awakened by the Tariff
OF 1912. under which our Factories, Fur.
nsces. Machins-Shcps, &C., &c., were all
alive, while tens of thousands of Mechanics
and Artisans found constant employment