New-York daily tribune., 1858-12-27
AMERICAN IRON FOR The PACIFIC
RAILROAD.

tie following weros;
PrOrSsd Ths, al duti-s railroad rcn irspor..1 I
std rsd the uit-1 >ta'e. b, 80 u.:ins The ,r, ~
70. sIsdi, fsr ih- 6r,t psrrn-S
ron Z, .qu. su.its sss s- os-r- ~ N. s.d
p.it.s e'es iIcuons a. i.ms Of eo.i of n.auscsr
tam. 'ro" iorisb counre-, the sm-rt.a mAassriSs.
shall De- Pr'iefr'e and e.ed by coauaota pSty.
And N lso Of them 70 insert:
Prcrid>d, Tts, al d. fryn rcressary o. co.,.,,.
.ao, hhc ~I'h ray compose the acs Of tno sane A..
NJ. FosriR-Mr. President shal de.aipA.s
etc bui sho tGe N tie Il . rtmarks han x~
support ot he proposed ansninelt
EN- ore Of those WOO believe that the con.-,
OF rahrosd 20 our Pacific coast, over our o-.
rltory. IL vital "a the prVs panty ana even 10 d.
?. tuiiy oi our Inon. S.iil Il y b. be cor.,rrr
ot lrou iIp0it.d from abroad, thus aiiirg ,os0
eSn cett, which Low cont 0y hundred. ~ of'
lons, II Is, In my jud. neGt, very Qae,.;o..nIs-
whether 1t Is wise, al present. 70 attempt ths.,.
prse.
We have now 10 cur country not sar from N ga
mhts oi iabfoad-the iast Ietarus | have exsn,..t
~sfe up 10 le51, when ". had e. 40 miI.. na-. -
some tnousards II miles than there are In All En,y
OHIO, llhoois Pepnsy lsams, Nes-York. spt psreso.
other Stsies count tre noafs w.th0 their osa 20
hy h.ossncs OF mites 10 peiiod OF five years r,m
lSO2t M, We bpi { r. SIS mics That iaess,a.Ss
are OF immense sdvaI tase 10 C.. pul,L, pcrs -
deny To bold them, boseyer, We have inn,..s
3H9VN tuis of iron, aud are IN del for mo.t ~
to-'ay. Here Is one OF the cau.es of ,rr densrs.a
on Europe Tor debt er.a'es dependence as vel bs.
tween nsllVus ss id'idusls Here one of the
causeswfy any str gency IN tie money marLs, :,
Lonoon lie ieh 30 eertsuly aud so p,n,nlv IN 80
commercial metropolis Nes-lork, aud frou, them
through every city a1d vii, i, the Uoon.
Tie obecto ot the ameDd ment is Ia develoo oor On,
resOuTces, give employme to our own lah,r and =,
diminish tue force ana the frequency Of these conms
cia shocks, so disastrous 10 our Prosperity so h,n
hatlng Ia our honest pnde as all independent nato.
Inat possess the means 10 attain the obic,, mr.
posed by the aoenement IS too PLAN to be argued
The States of PennsylSHiis, Maryl,pi renps.sss
Missopi, and others, possess oe Nhaa,bs min.. II
mountains, of the hn, It iron 10 the worh eo~s
proximity to beds OF Goa of unsqu ,lei e.teo, "a
rchnese. The meaos oi sub-is elce eats aod hrssl
stuhs, are no where more aOandant There is 10 sck
of lnborers. TN The coluaIy, there are hundreds sod
the ussnCs of nell seekI poy snt n,v up xir,l,
made l0le by oar per.lsten,e IN lanonaI DoBcv ~
verse T. national prosperity.
Iu view Of there facts. aud Of many ke lsc,s vhv
should we 20 to EorOpe iron 20 build tn,s tosAi
Why sbooi We cross three Thousand miles os o,esn
20 into the mountains Ut Wales pay ioseign hands ioy
mining and manufacturing II, freight II tho
ocesb land IT, transpor II some three thousand mlss
.urit,r inland. and tnen lay It down beds Of cod
and non Tar richer ara better than those from which
il was taken : The nsk,d proposition would strike
plsn practical man OF aod Intelligence, unlsarpe1
IN what IL called the science o political economy with
absolute sstonisbment. Ii any private iadividaal
should manage his own affairs IN such way as this
there is not community in the United States whek
would rot feel called opon 10 place him under the
control If conservstor to prevent him
from wasting his estat. aud becoming burden the
pubic charity Ii such policy IL to be pursued, there
ought 10 be poor house for the nation.
am well aware that IL may be replied, granting au
this To be true there 20 Deed oi any legislative enact
ueIt; capital ss will buy where they can buy cheap.
est; ooy let them sloue The D cnief, however, is,
they rot let alone. We have not let them alone,
en il were To do so, there W be-, as there has
b. eD much ihte,meddhng non Otl ler quarters There
has been 10 STABILITY, no siea mess Ia our Teven19
policy; huctuaton has followed huctnation, and the
ROD ot free trade has been h.n over the heads az
all who were engaged, or who proposed TO engage il
home production. Those engaged the business not
having capital suicien nt TO stsud such shocks have
bee ruiued the fires Il fur we eons ont:
capital II prov.rblaly tlmd; and few are row boIi
enough to embark Ia business which experience has
proved generally 10 be 20 disastrous
Foreign MAJ ufacturere have watched our poGeV
with kes eye, lave understood It, aud have taken
adv sntsge OF It.
Two years ago, an English newspaper, in an article
on the iron trade, said:
during the peseut year 1850 the pss ~ iron Amerca
Lsye teen sdy 1eens bee, brand. ssVns .,n sooos
% and inferior q1ais' i'' ~ TO tv dirns tho year.
sely incressed from 1888 la55 the poiactioo
believed TO have been doubled or have Increased from $1,000
100000 tuBs; and taAt 1t since increasing at y
10000 tuns per aInum
These fact nave Ted some interested IN the trade b. the cons
cluson that would b. sound policy r the sadhs hsa-
reduce the quarter, two pounds
TIM With vie to regain tue command OF the Anercar
market aud 20 get rid Of the oomptto who snppaaun(
kusn iron IN the United sites Doubtless, II the price "
non could be redn ed q at extent for some ooasrsb
Teriod would ruin many Of Am-dcaa ufse,ar ADD
would FOX time open the way for large demand for Ens
IRON
Az subsequent date, the same paper says:
"a considerable proveu emf has taken paoe 10 the demmd
for iron throughout The county.
nearly great has been for the last sfr
the odes ftou hat have been continual dssp-
the position Of the English market price. being just ha
enough 70 enable their o" iron nters 10 'uppy the market
the full extent OF their production General reduction Ens
gsDo absolutely 70 be desirable xsn.
sion Il tue uon nanuisctnre In the United S.a,es."
Here We see what English policy on this subject is,
a cou mefoIal view, It Is doubt wise oDe.
Tbst policy is to break down, TO ruin the American
by making sales below the of pro-
daotoo. Ii they would pursue the same course per.
marenty, we 0ugnt to be, and would BE-, satisfied ls
happens however that when the object is attained,
when the American manufacturer bas been ruipsd,
sDd the market is left to the or.ign nanuactaer tho
price Iises 10 the consuner anc does not stop st ns
cost of production snd fair profit ths,; IL goes u1
until the foreigner Is paid and pail with interest, s
that II cost HIM to ruin the home manufacturer spd
drive him out OF tue market.
Ii is not only in regard to the manufacture Of s1s
road iron that our home manufacturers have tins run.
ous competition from abroad Toe surplas producta
OF cotton AID wOoen manufactures in Eueisad arc
sent here for sale, and eueray soh at or below the
cost OF production Tiis is done Father than sell them
at home for that would bring do the price therei
and the whole home market u secured at pront W
the minD Ds ciurer. II would b. for the sdvsntageW
the foreign manufacturer to throw the surplus pro-
do s into the ocean rafner than sell them AZ hom"s
Ali that ls obtained for ttess produc's, above tas
freight, daty and Insurance. may be considered pfohts
In this way, American manufacturers are brought 10
compeiltion as to prcs, with the prces o. the sur.
plus VI products OF foreign cOuntr.s. Ought tors
policy " be successful must say, for one, tnink
It viii be shame to our legi station If It should am
not, however, on our tariff policy bat only on this
question: Where shall We get tho iron to build tDis
road Ny answer il, get II st home. IL Congress
will say co. we shall get It cheaper actually cheaper
than get II abfosd ard AT the SANS time e1Vs
hope ana cheer to the depressed labor Of our coau
i do Dot Hqnire to be told tlat these op'heu1Ss
And doctrines Hfe cInfrarv a the pg'fCv OF TnAW