The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1869-01-14

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wiser craftsmanship prevailed, and the
usury laws were restored, fixing the legal
rate OF interest at seven per cent, and
soon thereafter the fires were again light
ed IN these hitherto cherries and aban-
doned establishments.
BY subsequent legislation rates of inter
ests have been increased to ten per cent,
and the rates usually prevailing in most
parts of the United States fully equals 10
to 10 per cent .a.
1t IS plain to see what is to be the le-
suit as between the manufacturers of the
United States and those Of England, with
the rates of interest SO largely in favor of
the latter, if the government should With
draw its protective duties. l'l' 'i.A
Many farmers and others in this county
send wool to the Burlington factory where
it is manufactured "at halves"-the facto.
ry returning one-half of the cloth made
from the wool. 1t will be noticed that the
Burlington factory in the process of con-
verting the wool into cloth, has more than
doubled its value, because it must find its
profits in the favorable condition of such
transaction.
The WOODEN factory at Burlington is
small establishment but estimating it's
force at twenty operatives, it has the ca
pacity of converting into cloth the wool
grown by at least two hundred wool grow
ers, living in that vicinity. Allowing
that these two hundred wool growers de-
vote one sixth part Of their capital and
labor to the production of wool, it will be
seen how much more rapidly, with oppor-
tunities of ready market, capital and la
Dor develop wealth in manufacturing than
in agricultural pursuits But the oppor-
tunities Of a ready market is the impor-
tant consideration which wise legislation
| is TO provide or to reverse
Estimating the annual product of wool
| in this State at five millions of dollars, it
will be seen if the wool was manu- tactured
inso cloth, within the State, the yearly
accumulatlons of wealth in Wisconsin
would be more than ten, instead of five
millions of dollars.
1t has not been the imposition of
church rates, or any abridgement of per-
sonal liberty in that Island has worked
so much misery to the people of that
beautiful land. 1t has been system of
repression to Irish industry-the trans
ferance of the manufacturing and CONNER
mal business from Ireland to England,
that has caused the former to descend and
the latter to ascend in the balance. If
these proscriptive measures were reversed
between the two sections of country, the
beam would turn in the opposite direc
ton and the emigration to the United
States would be from England instead of
| Ireland
1t was the eloquent remark of President
Lincoln that the operatives of England.
"ate their diminished bread in silence" du
ring the rebellion. The owners of the facto
ries, during the controversy, sympathized
withthe South. But it was sympathetic
throb of the pocket, instead of from the
heart. The manufacturers of England
believed the South was wanting in la
boring population that could be made
available in agricultural pursuits; hence
the millions of dollars contributed by En-.
gland to sustain the rebellion. An indie
pendent government at the South would
open the door, as they believed, to the free
introduction of English manufactured ar
ticles. Hti9l
England frequently goes to war for an
"ldea" or rather sentiment but at the
close of the war, if England |masters the
situation" the sentiment will be found
merged In the pocket, and the articles of
capitulation will provide for the free in
PRODUCTION into English ports, of the raw
products OF the adverse country, while the
latter receives back, in its manufactured
condition, with equal freedom to its ports,
the same articles to which has been added
two, three or four-fold price.
tits an exchange of ciyilities" such as
the highwayman measures out, when he
robs the traveller of his money, and ora.
eiously hands him over his own empty
pocket book for the purpose of balancing
favors.
Where the inhabitants are intelligent
and industrious, and have a fair share of
mechanical ability, the true nr;nc;,,lo .r