The daily union. [volume] (Washington [D.C.]) 1845-1857, 1852-02-05

Savings Of operatives sisSss i5s5ioss SSsa,s@
linus the taxable property OF the State nearly dou
The savings had increased ~ head railroad invest.
mens 500 per head and the aggregate taxed property in
creased from 800 per head average the whole State 10
$500 per head average; that is to say individual wealth
OIL the whole State increased 90 in years That
state represents the manufacturing interest which is
tinually worrying Heaven and Congress with prayers
Tor +" protection the ground that they are ruined
Nails closing shops shut up I" furnaces blown out
and bankruptcy and starvation about involve whole
in one common disaster, and darkness the burier ofhe
dead Is 1t not wonderful that in the face of such facts
political managers should have the monstrous erontery
10 come forward ana ask for more protection
which has thriven so well The and ra pid accumu
aon OF property in those manufacturing States
the fact that the law. exists coners upon all
tn products of their industry bonus of 30 per cent at the
expense OF the consumer of the Of similar foreign
ticles IL is an established fact that of articles Of
Massachusetts industry be as chea Div in that
State in any country of the world Those articles find
sale In the south and West in competition with imported
articles which bear duty Of 30 per cent conseauenv
sum equal to 80 per cent upon the whole Masa
chuseus industry drawn from South and West 10 swell
the gains of that locality The of this system are seen
IN the above table At the of accumulation the
average wealth of that State win be ST 900 every man.
woman, and child in 1862 unless Congress removes those
unjust laws which steadily draining away surplus
earnings of agricultural States the of the old
wealthy manufacturing States. Take Indianashe has
the same population as Massachusetts:
indiana, Population s .S ss xas s Value head Railroads
Massachusetts, 49,, 400 5s798,g 1893 600 81 ss4 sTS
In 1910 the population of Indiana was 635 s66 and the
valuation 1874 $685. 1854 per head Hence the in
creased value per head in years only 1926 while in
Massachusetts II was $500, uaary .uu lines as much
Why this vast difference of ton, when
is mass OF barren rock and Indiana the most fertile
soil on the EARTH with industrious, hardy and ntei-
gent population 1t mainly because the distractions Of
ered to the foreign market for the production of Indiana
compel her citizens sell those of Massachu sets AZ
low money price, while the Instructions 10 supplies
from abroad made the citizens of Indiana pay OF Mas
sachusetts 30 cent for the products of indus
try. 1t is this cutting both rays which accumulates
wealth In Massachusetts at the expense OF Indiana Thus
Indiana Hour in Liverpool So o. per barrel and 40nch
shifting los, or " 40 piece In Boston, Indiana hour
is 81 TO- and the shifting lis, o 50 40.
:, - Indiana Hour Shirtng.
IN boston ...........,............S4 70
In Liverpool ...................... 0i 40
Thus, for barrel Of hour in Boston the Indiana
farmer gets II pieces OF shirng In Liverpool he gets
pieces; and this difference is by the tax of 30 per
cent laid by the federal government protect the Mas
sachuses manufacturer Ii is obvious from these facts
that the whole system OF duties is wrong If the govern
ment revenue is TO be raised all from indirect taxes
they should be graduated encourage the great sale
OF farm products-that is. by enabling the farmer 10 get
the largest quantity products of industry for the
suits OF his labor.
Money continues very abundant in the city, and the re
OF specie for the month have been weekly follows