New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-10-27
THE pROUTH AND THE HARD TINE 8.

srs. The summer is ended Autumn lie passing
..sv. The crops are being gathered and the truth
Of the proverb that q drou'h frightens men, and
wet season starves them has additional confirmation
The price Of -four has materially declined, and the
erop Of corn Is good the average crop Of past
wears Potatoes are sailing at sic. and sos. per
bu,hel. and much better quality than for the past
few year, especially 30 in the mountainous part Of
cid Connecticut, where the writer has observation
Well, Sir, who are TO be the sufferers during the
"hard winter coming-the winter Of which you
have sounded the Dote OF wsrningl The writer
is 90 fortunste to be the owner Of small tract
Of land, having q crop Of potatoes Of from TWO
to three acres small patch Of Indian corn, hay,
sufficient quantity for the horse two three cows
and other cattle But this is not the trouble. He
the writer is unfortunate to be the owner OF
small mandatory. The drouth did not stopit. The
hindrabce among other manufactures was slight Al
one time the hope was INDUCED that the Lord IN
mercy about to shut the gates Of large portion
of the mile, and thus diminish the production OF
goods pressing upon The market. But the blessing
for reasons to us inscruiable was withheld. The
goods have been made The production is abundant
ACKNOWLEDGEMENTS The purchasers
are few and far between and they purchase lightly.
The stock of goods in the hands OF importers, CON-
mission merchants and jobbers, s heavy. Money is
exceedingly scarce, and those who have II nod it
more for their interest to purchase paper at ~ and Is
per cent. than TO mal advances on goods. Wool IA
very important article among one class of manafac-
turers it ia true has declined some zoe. per pound,
or 33i per cent but, it would seem, in an icipa
ton of this decline, wooden goods fell OF 10 price,
early in the season, some Is or 20 per cent and this
decline has continued until has reached ~ an even
so per cent, and the demand limited for them at
these reduced prices.
Labor commands high price STILL and many an
operative may be found who has money at interest in
some savings bank, building association, or is the
owner of bank stock, while the manufacturer of
whom he exscs exhorbitant wages is at bis wits end
to find means to meet bis next note due at bank, and
knows not how to provide for current expenses from
day to day His goods do not sell, and he can With
great difficulty get an acceptance them in advance
of The Gales and if be does he receives only half the
amount on the quantity of goods he could get
some fifteen months ago. Commission merchants,
drumuers who Were besiegng manufactures in for
mer days, promising liberal advances on goods or
consgDmepts have all disappeared. 1t is doubtful
whether one has been seen within speaking distance
of a mandatory for twevemOnth. Coal, an in-
dispensatle article in manufacturing is selling at
exorbitant prices and most other articles wool except
col needed by manufacturers, command high price.
The Journal Of Commerce, The Ereniag Post, The
Indepnden and other secular and religious free trade
publications give us homilies over-tradng aud ex-
trnv while the income Of the Of these
Establishments is undminished. "They are not plagued
"like other m.D," like manufacturers. "Their eyes
stand out with fatness" "Tbey have more III heart
"coud wish They pretended not to know, not to
dtrstand that tariff of duties arranged 10 give
and secure TO foreigners markets. is policy sure
to bring upon us The evils we now suffering. That
if a people, community, or nation, purchase more
abroad than the value of their exports the balance Of
trade will be against them They pretend not to know
not to understand that gold and silver ia being
carried away in payment of foreign goods that the
scarcity of money il owing 20 excessive mportations
encouraged by the free trade policy Of the Govern
ment that this scarcity will continue SO long this
policy is maintained; that there is, and can be
srant importations when money is plenty, excep.
what the Government imposes, nor even when il is
scarce if there is sur plus of goods in the foreign
markets They the advocates of free trade forget
that any other interest has ever had protection
cept the manufacturing that commerce does not
take care Of Itself that the Governmental pendture
for its support is enormous that without this protec
ton there could be free trade that this vast eI
pendiure for the protection Of commerce. is netting
ess than tax on the people for the benefit of those
who do business the great waters, and those Who
traverse the ocean, while the foreign manufacturer
shares largely in the benefit under the { ee trade
policy say the advocates of free trade forget,
look, these things They tell the manufacturer that
he must cur1ail; that he does not understand his
business that labor less in the old country, not
knowing-yes | say, not knowing for many do not
know that both Ame can and foreign goods have
been selling for several months past in markets
for less than the cost of the materials of which they
were made. For less, | cay, than the cost of the
materials, the labor being entire loss. This
was the case in the years 1882 40 and II,
and is emphatically so now. Under these circum-
stances they say: Thanks to kind Providence for
" administering the rod just at the right time."'
Yes, and we will admit that the advocates Of free
trade are the instruments in the hsnds Of God for
chastisement. The sentiment is well expressed in the
words Of Watts:
When Of spite against join
They the sword-the hand u thine"
incose to you S. the amount Of my subscription
for THE TRIBUNE, being part Of a small sum friend
has loaned me- who has still confidence in my ability
to pay him at some future day. Now in conclusion,
ask again, who to be the real sufferers during
the hard winter just at hand
Yours truly MANUFACTURER.
Independent of Oct. II.