Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1865-07-10
TnF JOURNAL ON THE TABIFf.


cate OF tariff for prolectiOn-in other words.
making all other Interests Of the country subsi-
dairy 10 the manufacturing interests Of the East,
The Journal arrays a lot OF statistics or figures
to maintain its position. which ve give 10 fall 10
show The basis upon which i;s argument rests
WHY do these mischief makers conine their
abuse u the New England States. or seek to
create prejudice against them alone. on the
tsdf qaestion Certainly not because they are
specially obtrusive IN urging protection 20 manu-
fsessrers. for Pennsylvania makes more fuss on
that subject than all New England, and the
manufacturing interests Of New York alone. are
nearly as large IS those Of the six New England
States
Facts are excellent restraint. upon the imagi-
nation, aud men who are everlastngy hsrping
on imaginary wrong. and hardships might do
themselves = service by investigating them, par
ticularly on the question under consideration.
Nov. fsr from New England having an eI-
elusive interest in the prosperity of domestic
manufactures she has far less than the Middle
States. and not greatly more than the North
west
" IL appears by the census returns for 1860
that the number Of manufacturing establish
ments In New England was Is .5l4; in the Mid
die States 81. 1854: in the Western States 3D.
30l; Capital invested by New England. 1883,
40 900: Middle States, S464 .259 .206 Western
States, Sll9. $50 AIS Value of annual product:
New England, <494, 075. 495; Middle States.
S504. I3l, $50 Western States. 1890 All ,y22 |
The number of hands employed in the manufsc
turing establishments Of New England was 402,-
690: in the Middle States. GU 81 in the West
ern States 222, 325. The number of msnufac
tories In New England was 1854. and in the
Middle and Western States, 90. 600. These
figures show that the Middle and Western States
exceeded New England in the number OF manu-
featuring establishments 81 ISL in amount of
capital employed s40l .72s SSH in the number
OF hands employed 422 COG; and in the annual
product Of manufacturing industry, S7OO, 46e,
004 The States Of New York, New Jersey |
aud Pennsylvania, have p ,oe2 more manuiac
turing establishments than New Eaglsnd, Sl45.-
029 ,206 more capital. and 1863. 625 more hands
employed in manufacturing industry, than has
all New England
As our neighbor remarks facts are excellent
restraints upon the Imagination" and there are
facts within the experience and observation OF
every person who thinks at all upon the subject
to upset the imaginings and ine spun stories of
the Republican organ Right in the face of
the Journal what are the factsf
How many cotton manufacture arc there in
the Western States? There Is only one in In
diana of any note--at Canneion-and that runs
only portion Of the time How many are there
in all tho W estern Statesg Very few In all the
dry goods stores in the Yves, can Their, De found
in cven a respectable number of them any cotton
goods. we mean calicoes. shee,ings and shirtlngs
of Western manufacturer IL il very rare 70 find
In any OF them even a piece Of white cotton
goods which Is the product OF a Western factory.
On the other hand. nearly all the cotton goods
which sold in the West are manufactured in
the Eastern and generally in the New England,
States.
The same remarks will apply to wooleu goods,
but tho proportion OF Western manufacture is
much greater than In cotton fabrics Take the
article OF boots aud shoes also. and il will be
found that more sfe sold of Eaetefn manufac
turo in the Western States thaa arc made In
the latter We hsve taken the facts In regard to
these three different articles TO illustrate the fal.
lacy Of tho Joufust's statement. that the New
Englsnd States have not greatly more interest In
the prosperity OF domestic manufactures than the
Northwest aud many others could be enumer-
a'ed We will takca few items. at hand. just
a. We End them. To show the difference between
the manufacturing interests of the New Engand
States aud the wes, The Nassau. N. H., Ga.
zet,e Of a late date save.
"MAsurscrrsrso COMPANIES MksrIsos The
annual meetings of tho stockholders of tho
Nashua Manufacturing and jackson Companies
were held IN this city GU the 2sth ult. The
amount Of yarn manufactured by tho Nashua
Company. the past year. Was 80 l0l pounds
and nj Csc yards of hanuels, &c. we're turned
out at the same time The profit aud loss &C
count shows gain OF t30i .OI3 so: for rents
aud dividends OF gas stock. xs.17l IS: balance
Of interest at credit. Sl2l -. making total OF
S37l .931 ~. tho amount paid for machinery,
42l .52J 81. the Government tai. the hrst sI
months. was Sol 500 II: the balance at tho
credit Of profit and loss ~ the beginning of the
year, t2s6 .3st 20. the improvement on the
guarantee account was SIS .6s6 59-whch. add.
ing the gain TO the profit aud loss accounts.
gives S3i7 500 10 as tho total Improvement In
these accounts for the year The amount at the
disposal OF the Company at present. Tor the pros
ecution of business and payment OF dividends. Ia
upwards OF $500 900. alter setting aside $500.
900 for repairs and dividends. Nearly 5000, 900
pairs OF drawers have been manufactured during
the war. The Company declares a dividend OF
10 per cent. for the last .ix months.
The Jackson Company have manufactured
100. 900 yards of cloth the last year. which Is
works. The amount credited 10 the profit and
loss account Is upwards Of Ssl 900 During tue
last four years only one fourth of the works
have been in operation, and. at present. one-hsli
OF the producing capacity IL realized. The Com
pany declares dividend OF per cent tor the
last six months.
Here Il another from q New York paper:
"A Bro DlvpESp-New England knows
how 90 prosper in war times. We gave evidence
of ths yesterday ia the 100 per cent. dividends Of
the screw Company. aud to day We learn the
Annual report Of the Stark Manufacturing
Company. Manchester, N. H. shows that from
June 70 December. 1864, the product OF the mills
vas nearly 1000 900 rounds OF goods. and from
December TO June. le65. that amount Was en-
ceeded by nearly 100 900 pounds The quick
capital of the corporation Is nearly 81, 900 900.
and the profit. of the past year have reached
upwards OF is00 900, of which about s200 O0D
have been paid 20 The proprietors In dividends
aud OF the balance about $40 900 have been et.
pended for improvements. aud stl the financial
condition of the corporation i better now than Il
was at The close OF the last year by nearly Ia per
cent the total property of the Company il
nearly 2oO0 600.
Are thefe any such establishments as these in
the Western State. whose prosperity depends on
. high protective tas.n Few. Il An,, but New
England i isll OF them. The fac, Il. the manu-