The daily union. [volume] (Washington [D.C.]) 1845-1857, 1852-09-23

Ff~A3 S13 soxn n~x~h&i CoarxsfoMoo8t.
NEw Yoxx. Sept n. Issa
The Of the year for large shipmens Of specis
nov passed. and there Is every appearance Of cousdsr-
able snppy in exchange between now and tbs spsax
nportstions. The oTegn demand for American secus-
les Is continually the increase, and tns very
large The Pennsylyania railroad loan Of 81 ESQ 90 IN
per STOCK payable Ia 1850 la bonds Of q 80
each. convertible ia stock option OF the holder
fore December le60 taken by the PhiiAdephs agent
o. two leading London bsnkng houses ~ per pre-
MUM. There obtained considerable foreign orders
here Tor such securities within the views Of buy
with TO secarlesothers touched Par
remtances Of scks together with early and active markets
produce. particularly cotton, have affected sxchansss
which are duh al 10 loi and tho chances that
gold will go this week The shipments thus In Sep
yenr The fair prices Tor produce which exist draw for
ward the supplies in increasing abundsnce and
money u daily becoming plenty, promising ps
thonc OF capital Tor the coming year. Up 10 this
time, with all The favorable prospects before the com
meTcial world, no weldehsed channel for large en-
pioymeni Of capital has been marked . scals
absorb considerable sums There il every appearances.
however, that manufacturing will become object IN tie
middle States The great opportunities and oonsidseabe
profits which present themselves attracting
ton Banks. mining mpancs, railroads, &c., have been
pushed fair and many Of them oyerdons, while
mining and manufacturing, thanks TO tho skini com
pa nts OF those already ia the business have been
paratvey neglected. The profits of esabshsnsass
are however, very large. The demand for goods now
aCiNc IN inc PfotPcct Oh inc county Will
increase immensely while the Of prodactoa win
progress equal ratio Ii is the misunderstanding
that Improvements in machinery and processes snggssed
by experience, being continually made end whn
with adequate capital started they An
evtaby take the business, because they embraces. 49,
Of construction, those advantages which prodacon
and cheaper Under NJ season
when the old mills profitable, must be very u
crave This well understood in the featuring circles
nearly 5000 600 Of capital being organised
in Massachusetts Tor mills In Boston 500 900 have
been subscribed for mill Lowell In the sLAw
interest," and in other sections mills from S500O00
81 900 900 going msltcs wly arranged. The
capital Of New York has been sufficiently attracted
ia that direction II has rather gone into railroads and
commerce but the employment Of capital In manufactu-
ring tends 10 draw wealth from those who otherwise
mostly producers Thus mill, recently put In
operation Massachusetts by company whose capital 10
So 900 900, employs $50 girls who work four OF
per day into 80 600 yards OF number sheet
ings quality and cheappess that pay 10 per cent
in duty in England, and yield profit That mill gave
$40 900 pros about IL per i
the first year Of its existence The Of
into cloth done by females, who otherwise would have
been producers Of wealth. In the indnsry
OF this class exists wealth equal to that of California,
requires less risk and trouble get liz dsveloo
has been very much retarded by the proscve ysen
hitherto the object OF which has been the manufnc
,urer much profit on yard OF cotton cloth he
could get on two yards where trade is free. Whsre
prices high through the influence of TAX,
sumption is restricted Less cloth annually used, and
consequently less material and less labor required
The diminished demand 10. these two items The
prices be less which circumstances directly enhance
the profits OF the When The price of eosh
Influenced by the freesi mpeton the qusnti arBs.
aud more rial and labor required pro-
duoe This improves the interest OF the and he
operator la the Uniled States the Of
cloths admit they make them cheaper than
snybody the world bat they aege that In thoss Ansr
articles where the OF labor and Of the
teria less they require be projected against he
l.bo If il W. af hof n
what any Of them believe; for they all will admit
since the passage Of the Engish factory b restrict
ing hours OF labor that the time required Of The
American operator added to her extra adroitDsss.
counterbaances the extra pay she getstha in sc
Amrican LABOR cheaper than asy thu World Yrspofoal
rfsnts II by ioni ciamor. and tbs ad al palfsy
political pzrtisans, they can make the coansry bssvs
the contrary and award them . bonus in the shape
of protective duties, they consider all fair play; bat
nearly all the factories now capable, whsn
the material is high, to change into nns num-
brrs substitute labor for cotton and the
when cheap-put In more cotton and less labor
The prelence about labor becoming reversed Mgrsdoa
from England become great that there 10 positive
scarcity Of labor threatened and wages actually rising
in consequence. 10 Ireland the population IL Is ven
known, decreased 10000 in the last years That al
En- gland and the whites of United States increased q
foowsi
6 6HI,ss ssis. white. IS ssis %
The mt raton forn E..gaad the Last tnry moafhs
has been follows,
1850 1851. Isa. ro.-
From England .............aos ss,scs iss,ss nlSH
al al co. eouStTie. O1 4os@s mass iSiam
These number. supplying the labor market Of
United States rapidly than they deplese that Of
England. The Tor 1852 for the port Of Nsw
York only. For the Union the arrivals have bsea ~
than 100000 The British emigration commissioners senn
that the migration viii this year be lees than oeoeo
souls, which is considerably than three times Dc
natural increase Under these circumstances where
labor likely be the chespesi While ppcn this subject
may remark that the comm ssionen estimate fhat de
number migrating from Ireland represent the r.
Of this population since those who remain behind do
do than supply the deaths BY births Thsy
therefore look forward the speedy Of ths lrsh
in Ireland. The OF the migration mostly far
nished by the emigrants themselves. The ssni
from this continent to bring cmigan Is folovss
lsas ESep,m
l,so BeDOoo
4 1850 SG7.Oo
| 1851 88O.0oe
Total four years 2Sn.eo
This is round numbers, SIS ooosay nearly eAone-
900 per earned here by Irish immgunss sad ~.
mued to their friends and this represents she ezra
they here above their maintenance The
mmisoDers that half those who 70 Canada
pass over into the United States
The supply Of labor I. compensated by the great incseass
Tk~ 81 -,