The daily union. [volume] (Washington [D.C.]) 1845-1857, 1853-03-19

"" syootcn. have never since have been member
OF me senate occupied is time unless when duty
my constituents OF myself iQrhade remain silent
An, SIR permit say thMf did resist this amend.
men should regard myself 70 the duties which
owe 70 me industrial interests OF my State. For years
past osr engaged 10 the acture of IN Pennsy
wanna as wen as other Staes have been struggling With d
hcnles ~hieh 70 many OF them were overwhelming The
Pres :" ron abroad Tor the last four ye years has
50 low mat Was altogether mpraccabe for the manufae
turer OF iron ~ the country compete successfully with
aregn manufacturers aud the consequence has been that
thofe VINO ua MOI possess large capital and extensive
have been compelled operations Wuhn the perod
70 winch have referred half Of The whole number
furnaces 10 pennsylvania has ceased ope ana have
no douo aunough have specific data show H. thai
III product has decreased 10 stl greater proportion But
change has lately sken place abroad which promises
relieve the, provided the legislation Of Congress this
subject sah he permitted Ia remain undsuIbed During
me Pnod our hon manufacturers struggling with diff
eues ana asking Congress for relief Icy the imposition
hgher uuues, he payer disregarded but now wheo
IA the course oil things they Ia condition in
measure tne'r losses, 10 proposed deprive them by
esaoh Of the Opportunity which chance has afforded
them.
For -four FIVE years past iron has been sent into this
country ~ re lower than the fore manufacturers could
produce and the of this that during the years
1919 40 and ~, Europe seized with mania upon
the sntJet OF lhernal improvements All port OF the
continent We're engaged IN the construction OF railroads
Lags contracts lie wi the manufacturers
In England 10 supply rails kilds for the
construction of these roads. In 1913 he revolutions came
and these contracts which had been partly fulhed
reScded or broken through the inability Of those who had
made nem to ray for The iron which they had purchased.
ann whch would have been Necessity they had gone
with the construction ofher roads The manufacturers
Eng ard havl made large preparations for meeting the de
m,nd upon The continent, coull ouce cura their
operations, but Obliged and work the stock
OF maieal on hand and the consequence of this that
very large quany of railroad iron had been manufac
tured and renamed on hani in Engani at the beginning
Of he year 1919; and here was no other marke il
which 10 sell II u the ma, kr OF he Upied States
here ard sold The reduced prizes which have proved
dis,str manufacturers of this country have
halt of an
gagged IN 1913 IN the manufacture o. on have been forced
abandon It But now, when IN the existing state of
things ices having zen abr al, they elarng
operations, ami retrieve il ssibe r ruined for
tunes, VIII II, sr do see' Way, THIS that Congress,
whr would nor listen to heir prayers when they were
crushed under low prices am for ign comp in
ready the NON mt the state of ig reversed and price
abroad hish prsrat them k,r the benefit Of n
pecal interest by repeating Toe esss dat raj road
iron, spending hen period ~ vars Is dis ju-
icous essi III y 7 lsit just 90 e.en oIe,aora
Sir, Can uniersta d tue 'acipe upon which the aavo
Gates o. free trade uct bui understand lie prlnct-
pie Of The amendment which pressed upon The Ssnae
for the advantage IF he farmer the the labor
g classes of the community, WHO require iron their ur
ether IN ts Grade manufactured state 1t not
fee rde upon any general principle but legislation de-
signed t. pen fit particular lnterestior companies who
have been tina of them at eas the recipients of other
iavors the hands of the government and VIII, asking
of Congre biunies of ubectona le character
should Ike t. know h w my Democratic friends IN this
chamber are 10 reconcile vote IN favor Of tins prop
pora'ns Of ali kinds have more privileges and 'mmuni-
lies hsn the of CT zens am not Mr. Pres ,eu,,
of those who have arrel with corporations and who
enounce ell OF them as monsters or things without
souls; but, opposed TO granting them priv eg
which necessary for the purpose Of carrying
operation the particular objects fr which they created
have olsco individuals being soc,ted for the
purposes OF internal improvement, of mixing bu,
when you single them special objects Of
bounty and confer upon them pecunay advantages at the
expense Of The community generally feel that the Iegsa-
ton either State national which does anscending
the lun,is both of Justice and prudence.
Why it that tusse railroai companies be made
pee o. jecs If governmen bounty: Amst all IF them,
om end orte country T. the OF err pros
al ion. Ifyo will ern works upon the sube
one OF which hold in my ha d. "Tne ogfess Of Nations
by Ez c. Seaman, you will find that few exceptions,
he railroads OF the country IN prosperous condition.
ding a args cept upon the capital stock orsi
naty d. lnmy own State, elhough the original
lay regarded Irdga nearly all the enterprises
this kind have ben foru ate and are now yielding large
re urns khodes. Bot these classes Of
munty who have suffered from the Of things but
ceny passed away the manufacturing and aborg classes,
ae not OILY not permitted 10 share 10 the bountes which
poured profusev upon corporations but the
contrary are ma ie To bear ihrir spen,e
have already stated that through the mschevous legsa-
ton of Congress- and the stte OF lhngs abroad very la
portion OF he cpal invested the manufacture OF
years ago, has become eney barenund roduct
and that only persons who were posses Of large
that esbied TO stem the tide Of disaster viii n
swept down all the ct. 7 his will not be denied Well
sir, what YOU propose 10 do' To egisae to aid that
VII the competition and low prices operated 81
runousyi No SIR Toe efIect Of the amendment of The
senaor from vigon, (Mr Nj Asos) If nd led w,l be t,
perpetuate of tnngso hell the strong ard crush
The weak.
Bot sir this amendment will not accomplish the objec, OF
the Far from IT, Instead Of reducing the pcice OF
iron and occurring these corporations chespy WILL
nv Judgment increase the price THIS venture to proph-
e-y. Bat | may be askej why 1t is that resist III
es st 1t because while will build up few great and pow
,rul esa pis hmcnts and enable them make fortunes il
vii D event men OF moderate Gom embsfkng
uncertain ard pecarious enerprisen enterprise which
viii be rendered precaous and by the proposed
leg station.
If The existing rate of duties be continued and prices
abr ad should remain thing what they pres
ept hundreds OF furnaces out Of blast viii recomm
operations The fires upon their hearths will be rekindled
feges and rolling wall be established and domestic
competition be created which will avail reduce the
price of iron any foreign competition which the larger
cher and more powerful establishments will have en-
counter But f you epea the existing duties these fur
naces will remain idle fear that prices may faln Eu
rope and Of all protection subject them
new disasters Ms word for IT, SIR, this will
and equally csrtsii that domestic competition which
will spring up you Vet things they are will do
more 10 reduce the price OF than any competition
which, for the next three years you may expect from
abroad.
Why is this likely to be sol Because revolutions having
ceased Europe prosperity having been great
restored those works which abandoned s45 having
been ccommenced the demands upon England for vii
greater than she vii, be able supply with mean,
reduced IN quenoe Of the search labor. You DE-
open foreign psl,ee whn you read some
lines OF which have eher commenced
winch conusmh ,uon. rhs Is the all over h
eonunenti and Turkey there il contempt
ternin of which bellows Adrianop pic the other d.
recoilec This rnilropd IL be butt an Fnglsl