Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1865-09-23
-tion a..laree..-It rass.-lreneyer,.repenietlin.

1884, and the repeal was followed by q sue
cession of British free trade crisis, the whole
ending in lS42, in state OF things-tlirecty
the reverse ,of That above described. Mns
nnd fhrnases vere closed ;tnechanics Yefc
,tar,isg Ar, lsj sE1 monei y@s scarce qnd dor dsri
thc shsrifS*as. everywher6ht Fork lanks
were n a.Ietah offeusponsioh /; lstatcsl re.A
pudiated the payments Of their debts the
Treasury was unable to borrow q dollar ex-
cept at high rate of interest, and bank
ruptcy among merchants and traders was
so universal that Congress found itsef com
pelled soon after to piss bankrupt law. q
Again, and for the third time, protection
was restored by the passage of the thrift act
of 1S42. Under it in less than five years,
the production of iron rUse,|rpm 100000 ID
100000 tons; and SO universal was the !
prosperity that, large Us was the increase, it
was wholly insufficient ~ meet the great de-
mand. Mines were everywhere being sunk.
Mills weie everywhere being built. Labor
was in great demand and wages we're high,
as q consequence .9f which iip9,9@igratioon
speedily trebled in its amount, Money was
Jat little wofk @ 10 d. fPatlie, anl private
revenues we're great Beyond all previous pre-
cetlent, and throughout the land there
reigned property more universal than hua,
In the whole history Of the world, ever be
once more. ID 1s4c, however, did the
Scrpent-properly represented on this oci
casion by British free traders-make his
way into Paradise, and now dozen years
elapsed, in the course of which, notwith-
standing the discovery of California mines,
money demanded d rate Of interest, higher,
as believe, than had ever been known in
the country for so, long a period, of time.
British and cloth came in and gold went
out and with each successive day the de-
pendencc of our farmers on foreign markets
became more cornep.ete. With 1857 came
the elimination of the, system, MERCHANTS
and Manufacturers being ruined, banks being
compelled to suspend payment, and the
bankruptcy nearly approaching shat which
had existed at the close Of tile free trade
periods, commencing in 1917 and 1854, III
the three years that followed labor was
everywhere in excess !; wages were low ;
immigration fell below the point at Which
it had stood twenty years before the home
market for food diminished, and the foreign
| one proved so utterly worthless that the
annual export TO all the manufacturing ma
| tions Of Europe, rs | have already stated,
amounted to little more than $40, 100000.
The rebellion came, finding our people
unemployed, public and private revenues
| declining, the Treasury empty and the
public credit greatly impaired With 1t,
however came tho power once ugain, and
for the fourth time, to obtuin protection for
tho mon who had food and labor for which
they needed TO obtain market That pro-
lection has now endured for but little more
I than four years, and get, SO marvellous have
been lis effects that Whiieit has enabled It's
to give TO the government nearly four tllUu.
sand millions of dollars, it has so largely
added TO the value of lanu and labor that
notwithstanding the destruction Of property )
at the SOUTH the nation, as IL whole Is this
day almost twice as rich rs 1t ever was be-
fore. % V yulf .',Ii"E'' jpu ,,I1.AAlsW 1'
The history of the half century that
have thus reviewed, niny now more briefly
thus bc stated: "a 49, -
Protection rs cstab- British free trade, rs
lishcd in 1919, S2S, established m 1911
1912, give as that of i 53i, 1916 and 1857
1891 is ready togiyr, }bcqncathc,l tissue
tn its free trade sue cessor e Labor d, cry
cessor Great de- where seeking to II,
mnnd for labor: Wa ,cmployGt,.l Wage!
ges high nhd money D low and monry higl
cheap: Public and Public nntlG priSat.
private revenues large: revenues small anc
Immigration great steadily decreasing
and steadily increus. Immigration dcehn
ing: Public and pri. ing: Public aud pri
vatc prosperity great vate,bunk * ri ptc
beyond all previous nearly universal: ant
precedent: and Grow Growing natinal dc
ing national indie. pendence. @ ssr.H.
pendence. t..f ..... .g.!| 7.. Uo.g gr.-.
Such is the history of the past. Let ou
farmers study it, and they viii, as | think
| II top nd ~ .;t.,,,
the present That done. let them detcrmin,
for themselves whether 10 forward in the Ill
rcction Of individual and national in,lepen
donce, or iRI that,ot growing dependence
both nm tinnnf md infh vitli,nI. :. Il -,..-... .
- Wishing. You much SUCCESS in you
patriotic eisorst, remain, very truly, yours
-.. agl .r % HENRY c CAREY.
j. L. Williams, Esq, Secretary OF sth
Clcavcland Association .or the Protection q
Domestic Industry. I..s#- ltn. ar.i..
7 Another Speech by Gc..cr;ii ss'fcr
In;IN. I.-''' '''''-
:, WHAT NE SAID, ASD THE british CAPITAL
lsTS.
: At the banquet given to tue Epglisl cHpi
talists ut St, Louis, on Friday, Majgr Gen
SHERMAN responded IN behalf OF a .iOGs
complimentary To Geneial Grant and, hin,
SELF. lie said D.. .... XIII r........,,. r..
GENTLEMEN: l regret exceedingly ,tha
! my commanding general will not respon,
to the sentiment. - AS citizen OF ST. Louis
rather than as an officer in the army, wi!
thank these gentlemen for the kipdy men
tion they have made OF General Grant, til
whole army, and myse!f-I believe 1t i
: sincere | believe they appreciate and rea
! lize the fact that General Grant, as the reu
. rescntntvc Of tho army of the United States
has had, from the beginning to lie end, bu
4 one single purpose IN view. lie has no
$ sought to kill, STAY aud destroy, but rt
: solved on the first day OF the var that thi
a country should live one and inseparabl
0 forever. lie felt us we all should ietl rrt
I pared tor this very OCCASION, when honorabl
: gentlemen may come from abroad, ard no
+. have occasion TO blush thai" the sons d
Englislmen permitted anarchy and down
. fall IN the county entrusted TO them, p An
!. notw ithstandiny the spirit of tho press O
l one time in England, | believe, tlen an
0 now, every true Anglo Saxon, every hist
man, and every Scotcllinan, rjoiced and n
!. Jniee now, that we are nen, and tIiat "
{. did not permit oui country to brtak in tws
or into many sections And luoreoypr