New-York daily tribune., 1865-12-26
A NEW BRANCH OF MANUPAr.
TERR

"The wonderful success and almost Incredible prost
ahleness OF the file manufacture in this country Ia tor,
only Ia the lucky holders OF stock in the %
which erjoy sor, OF monopoly in the business IA fact
W ~ few people unconnected with mechanical branches
OF Industry can possibly form Any estimate Of the extent
which files are used ard what an important Tier,
tn article formS both IN the list Of manufactures ard
im or atons. H may be piece Of interesting inior
ms lion TO state thst less than from $l0OW0 =,
Is co. 900 worth oe files annually Import ed into M,
Init stntes, and frcIo so0o 600 to S. 10000 worth
ennu,S manufactured here. and yet this supply srs,
a. It may appear. does not exceed and indeed often
tails to saisty, the demand The want Of skilled Absr
in this branch Cf industry both here and IN Europr /,
30 g'eat at 1t taxes the utmos energs Of the mana
ciuIets TO supply tho constantly crossing demsnds
OF the trade, and also teds % continually enhance tie
co-t Of production. 1t should be stated here that IN
o'dira Y machipe shops 1t requires Ge Of the voy
best make and quality ~ last good workman one siss
day ad but few files, in fact last DO long II nav IA
added that some of the large iron works. as well as the
CO." mert and Railroad machine shops. use from
! $4,000 to tioooOo worth cf tiles each. per annum
1hls viii explain tae enCriaous consumption OF f.es
and sufficiently answer toe inquiry, what becomes oi
'lem o' The system Of recuttinR files is rracticed to
s.me extent. But here, again, the want Of skilled
ll"r Is ncountered and occasions the same difficulty
10 the nhry manufacture. the same process having
l. lie pur,nrd in recutting hs in making file and
the is' ice charged together with the fict that the
hos lessrned Ia weight and the temper OF tue steel
desiro, ed render the process by meaus SO econo
mica ns 1t would at 1rst sDpcaY.
"While the Whipple File Company 0f proyidenos
purs 20 the noscless Of its ard divides queiy
amOng ITS stockholders 60 or 20 per cent annra
irOm IT profits the rlonttdc'prs OF fles anottet
company ID New York the Russell Fe Compsny-s
q" nv - neat thing for the 0riuJ ali who bold is
-has by eoriiing aud manufacturing tuns OF
out and nsess flee. which otherwise would b. thrown
-sids 8" sorsp steel By process exclusively In tue
Possession of the pany. partly patented aud parity
r~t odd files are renewed and made IN all respects
eqr to neg, in very lew minutes, and ut eompar:
! u,ey triGing expense As many as 200 dozen Of ha
Il lnh fpUla dnN lUff ffs nr0o
AM with force OF only 20 men This statement Wo1d
scen ,Ec edible II II were not yonched Tor by trust
worthy n who have witnessed the operstOns OF the
comp ny. Whether this process be profitable one "a
not naJ easily inferred from the fact that after on,
three sCur work, the company has paid Tie
De little dividend OF 10 rer cent on Its capital beside
ret i,ing on bsnd,a surplus s1nciea 70 sua.anee
dividend II twice 10 per oent In March, when the nsI'
IN Y Corr. Boston Post
There is another file factory in this State, the
Livingston Company, at Johnstown, in Fulton
County. We sre informed that its divldend
are IS large as those Of either Of the above
named works. Its founders set the country d
hrge. and c,oecially those who contemplate IN
We tments in this profitable branch q industry.
an example Of practical wisdom. which we tra''
will not be thrown away. They imported theD
vorkmen from England, and had them on the
ground ready for the completion OF their build
ings and power This is the doubly wise way
Of establishing here foreign industries. 1t addi
to our population while giving us skilled iaOof'
We invoke the attention of the advocates ID
this city of British Free Trade to this beginning
of an exceedingly important American manu-
fac,urr. and begging them to intermit for thf
present their single-str.nged cant about hs
enormous profits Of fostered capital Commonly
called "bloated"). s,k them to watch, II pos
slble with patriotic interest, its development to
the final supply of the entire American demand'
q, nr;ces lower than ever heretofore, inevitably
, established by domestic competron-whlch
alone permanent and healthful.