Wilmington daily gazette., 1873-10-07

that permanent nature that will in all probability
keep It IN successful operation when more Ireten-
tious but less capable establishments shall be rec
koRed among the things that we're. There ii prob
ably no branch of business carried On in this part
OF our country which engages much attention
as this, aud upon which the future OF our machan-
ieal classes SO largely depends. So soon al it is
demonstrated that VIC can successfully compete
with the Clyde In the production OF iron steam
ships as to cost, (for We already ex ,e them as to
quality there will be removed to our shords one
OF the most profitable and extensive branches Of
industry in the Notwithstanding employment to |
thousands OF heads OF families, and encouraging |
the manufacture OF immmense quantities OK iron.
The proprietoFs Of these ship -building estab- |
lishmenls hold in their hands 10 a greater de- |
gree than the same number or mel in any 9th |
CT business. the future of our city-their success
is our success, in material point OF view. Judg- |
ing the future by the past, the problem is in safe
hands, and unless the appearances in the old |
world are very deCeiying, we shall not have to |
wait long 10 see the price of iron in the two
countries brought near enough together TO put
our producers on an equal footing with those Of
Great Britain What will then happen is not
matter OF doubt, as at the same price the ship
owner will undoubtedly prefer the superior iron
| OF America in his ships. Our modern improve
ments in labor saving machinery will, with ma
teTlals at the same price give our bulldets de-
clded advantage Immediately. 1t is generally
believed by our shipbuilders that the business
needs no special legislation for its protection or
Advancement, although such legislation seems to
be desired very earnestly by the proprietors of
new yards and builders in other PLACES who
have not the advantages which experience alone
can give. Whatever legislation will help the
production Of materials at low prices, and, above
all has the most valuable feature Of permhnency,
is most to be desired. Ofcourse, the less inter-
ference with the laws of competition, which
should govern all trade, the better for all con-
cerned. The experience for the past few years
has demonstrate the imprObability of securing
any valuable assistance from legislation and ,
in our judgment, the frequent cha gs Of the laws
affecting these interests is more TO be feared
than desired, as il causes a constant feeling OF
insecurity which prevents pushing the busints 5,
with that vigor which Is necessary TO its success.
CARS AND CAR WHEELS.
What was said in the opening sentences oil
this report about the present condition Of busi-
ness in the country generally applies with force
to this important branch Of our industry. This
is not the time to Judge of its progress, as it. oi
all others, is the sufferer by the recent panlc in
railway securities. No one, however believes
that this depression can last long. To believe
that a business 80 directly connected with OuI
: national progress should long anguish FoHld b
, to doubt the future growth and prosperity ofOul
country. The great West is rapidly increasing
in population and wealth, and enormous Quanti
ties Of agricultural products that its rich mex
hausted soil annually yields for eastern and
Z foreign consumption must be brought to the sea
board for use for shipment and exchange. Th'
: merchandise and machinery must go back anC
the population must be moved speedily anC
+ comfortably: these facilities for transporlion mus
: increase with the GROWN depends of the coun
= try. More lines must be built, and more car
= to stock them. Private enterprise can do thi
d cheaper and better than it can be done by th
d public corporations that own these roads, ant
It therefore those haYing the greatest facilities AM
It experience will always have enough tb suppl,
't the demand except when inteTleTed With by th
. unnecessary panics which by reckless disre
= gard Of known laws governing commereia
!. transactions, are 20 often pEecipitated upon u
r, by the business gamblers which iniest oar gres
l. centres of finance and exchange and spread di
it trust and destruction 10 the utlsTmost parts {
our country. Fortunately our car buildin
firms are too strong to be compelled 10 yiel
s. under this great depression, and the lOhses the
le sustain are not at all serious, This is indee
Is gratifying, and speaks we'll for their wise bus
g ness foresight and judgement-surely every OF
20 interested in the prosperity of our city, an
~ especially in the welfare OF our skilled worl
"a men, will be anxious TO see the orders for CA
= coming once more as they did before th
ii panic.
b. The manufacture of car wheels, Is sill carrie
I'd on with increasing vigor and energy The Con
u pany engaged in their production having il
i creased and improved their facilities for pr
: ducing first class work
NJ MOROCCO,
be Although this branch of manufattnre hi
&C not been as profitable as in some fOFTReT yea
w vet the production has been very well keE
up and our manufacturers have both exseI
to ded and improved their facilities. The cor
IT, structlOn of improved machinery for the maj
ufacture OF morocco Is now attracting muC
be attention, and our manufacturers seem to
IA determined to make this the leading place Il
at the manufacture Of morocco by proyldlE
themselves with every advantage pbsslble
he the shape of machinery. The CAUSES Whic
Ter have operated against this business during q
past year are not at all local In their nature bu
affect the trade similarly wherever 1t Is ca
re- ried on. Scarcity, and consequent high prie'
of stock, the result of an active demand 4
OF skins in Germany and France, together vii
ii. the large amount OF cheaper material used q
OF q substitute for morocco, may be named {
~ among the causes for this small margin OF pE
fit. Ik Is certainly reasonable to suppose th
a. supply and demand will In time regulate q
ut prices OF morocco so as to- leaYe the NSual ma
is yin OF. profit to the best manufactures, and
la doubt our manufacturers will be as near reai
70 as any to secure whatever advantages may
offered In the future OF the trade.
- CARRIA0Es.
- This trade was late In commencing duEi
n. the last year, owing to the backwaRdness
the season, and most OF our carriage builde
having increased their capacity ih taFnll
;. ont work, found themselves with large SO
Az ~ on hand later in the season that usual y
- - this work ls now well sold out, and 1rom WI
" " information we have been able to gAther m
the trade We do not hesitate 90 say that
-. production andn sale OF work has nearly