Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1871-09-06
Hgatchman Sc Journal.
WEDNESDAY, SEPTEMBER 6, 1871.
TRIMS -t2o1 per year, strictly In sdvancei or s2so
ifnot paid within three months
MannMrtmre.

who takes that grass and turns 10 into hemr
and wcavcs it into rope or cloth, is a manu-.
iacturcr. Tie who cultiyatos forest plant,
trees, or cares for them cuts them down and
t bau.s them to market, is producer lie
t who take. the wood when it comes to market
or to his hop, and turns It into pals tubs
/ shingles, chairs, bed,teads and furniture, is a
manufactures The producer aud the manu-.
iacturer are necessary to each other. With.
out them both we should have uo houses to
live in, no furniture TO make them comfort
able or beautiful, mo- carpet for the floor, no
food for the table aud no table for the
food.
The producer give. his time and labor and
realize. good profit on hi. investment
Wood at five dollars cord, butter at thirty
cents q pound, stock for The .hamble. aud the
market aud wool for the mill and clothicr,
pay fair rate of interest aud give hand
some support and pleasant home But the
producer must have market II an men
we're producers, there would be no sale for the
product, of agriculture But the best con-
sumner Is not the rich man, who lives ON the
interest of his money hut the manufacturer,
who buy. the products ostho soiI-the wood,
| the wool the cotton, the ore aud turns them
into articles for human use or enjoyment
He furnishes steady and constant market
for the producer. and under bis skiilfuI hand
the various products OF the earth reach
largely increased value lie takes cord of
wood worth five dollars, makes It into % hmm.
drcd chairs, worth seycnty.fvc dollars All
the same time, in the process of Manufacture
ing he feeds and pays half dozen men, who
with their families are consumers Thus
manufactures bcget and stimulate a hcathful
production They enrich community
they create markets for farm produce, and
material for the use and pleasure of men,
They enlarge the value Of all things they
touch They double, or quadruplo an hun
dred fold the value Of the product. they work
into new shapes.
Thus, manufactures have always been the
source Of the greatest wcalth-the exhaust
les. mine Of gold Every thing they touch
turns to profit They are the great achemist
who has discovered the secret of transmitting
the baser metals to gold Manufacturing
communities have learned the at Of wealth.
Banking communito- have learned the art Of
keeping and boarding riches, but manufactur.
ing communities have learned the art Of max
ing riches
Connecticut and Massachusetts, long ago
adopted policy stimulating manufactures
A cord of wood made into nutmegs instantly
became worth five dollars pound Wool at
fifty cents q pound, wrought into cloth, be.
came worth at once three or five dollars
pound, The revenues OF manufacturing were
so large that millions Of capital sought in
vcstment in it. Every stream was utilized
Then the steam engine supplemented the
force Of water The immense profits that
always followed prudent management Of the
business, iucited still larger investments, and
now the states which have fostcred mhnufac.
lures, the communities which have engaged
in them, aud the individuals who have invest.
ed in them, have grown fabulously rich
Wealth and population are the result Of their
far.seeing policy. There are cotton mills in
Massachusetts which, upon an enormous and
watered capital are paying sixteen to twenty
per cent dividends There are factories for
the making of matches that are paying sixty
per cent. There are cheap furniture establish
mens which are yielding hundred per cent.
on their capital
Beside making men rich, manufactures
make them liberal They throw also large
sums into all the channels of trade. They
develop all kinds of industry. They promote
literature art, science religion, and set in mo-
ton numberless wheels that al move together
for the benefit Of the State.
Nothing is wanting to make Vermont or
New Hampshire equal to their sister States,
but a similar policy We are losing popula-
ton comparatively and wealth by our timid
and short sighted policy. With country
rich in the materials for manufactures, we
permit our neighbors to rayish from us all
our advantages The few Vermont towns
which have tried manufactures have found
their advantage in it. St. Johnsbury would
be no more than Peacham, without its saga
cious manufacturers Their business amounts
to millions, and their wealth is proportionate
to their business. st. Adams and Burling.
ton have both gained their large advance by
means Of manufacture
Our own town has but just begun in its
new and upward course. With all our other
splendid advantages we now need to construct
system of business that shall attract pop.
ulaton and in the next ten years increase
our numbers to ten thousand. 1t eau be done,
too, if men will take counsel of wisdom in
stead of their fears Lane, Pikin & Brock
have within five years inaugurated and built
up aud extended business which will vet
make them immensely wealthy, if prudently
managed, and will add population of from
two to five hundred souls to our village
The new enterprise just started has all the
elements of prosperity and financial success.
There is vacant property near the tannery
that might be covered with manufactures of
wood or iron. We have banking capital of
seven hundred thousand dollars If seventh
Of that should be put into factory of shoe
pegs, or brass buttons it would pay to the
capitalists twenty per cent, and support fifty
workmen with their families, and send into
the arteries of trade in this place, as wages
and profits and purchase money for raw ma
terial, two hundred thousand dollars. Such
a liberation aud utilizing Of capital would
support ten more merchants than we now
have, with their families, aud give them the
average business Of our present traders.