Southern standard. (McMinnville, Tenn.) 1879-current, 1883-10-27
TANDARD- MEANWHILE TENNESsEE-sATURDAY OCT a. 1888

States. The rail rates between
Chicago and New York are, at
the present time, only about one
half as great as the rates which pre-
vailed between those cities in 1872.
The failure of the National Govern,
ment to create a department charged
with the duty of collecting and furnish
ing information in regard to manufact-
ures appears strange in view Of the
fact that there is at Washington De-
partment of Agriculture, Bureau of
Mining, a Bureau Of Education, and
bureau charged with the duty Of sup
plying information in regard to COM
MERGE and transportation. This omis.
sion appears the more strange in view
of the fact that, from the time of the
opening of the first Congress, the tariff
question--a question having direct
and exceedingly important bearing
upon the prosperity of the manufacture
ing industries OF the country-has been
almost constantly the subject ofpublic
debate, and has commanded larger
share of the attention Of Congress than
agriculture, and education, and com.
merce, and transportation, and mining
all together.
1t is a matter of deep interest, in
conclusion, to advert to the fact that,
in his memorable report already refer.
red to, Alexander Hamilton maintain
ed that the promotion of American
manufactures would tend to develop
both the internal and the foreign COM
merce of the country, and to
advance the interests of agri.
culture, of mining, Of transportation, Of
banking, and generally of credit in
trade. He also clearly showed that
the variety of employments afforded
by manufactures would, in many ways,
be conducive to the general welfare.
The correctness of these views has been
proved by the logic of events. Thai
which Hamilton saw by faith, is now.
in the light of experience, matter o.
demonstration. 1t has been the prln
cipal object of this paper to present
facts in regard to the industrial inter
ests of the country which prove thu
wisdom of his policy and evidence thu
fulfllment of his predictions. History
records the names Of few other states
men whose title to immortal fame ha
been SO clearly indicated by the re
suits of policies which they have con
spiciously announced and advocated.
The services rendered to his country
by the first Secretary of the Treasury
in his advocacy of the interests o
American manufactures, are believed t,
have been no less important, though a
, the time, and for many years after
wards, they were less conspicuous thai
were his achievements as financier il
the establishment Of the nations credit
, achievements which won for hin
: Daniel Websters splendid encomium-
S "He smote the rock of the nations
: resources, and abundant streams G
d, revenue gushed forth. He touche
], the dead corpse Of Public Credit, an
q it sprung upon its feet"
{ The advancement of manufacture
n to the front rank as branch of indu
; trial interests of the United States
i. largely the result of the line Of polio
L which he proclaimed and earnestl
e commended to his countrymen--tt
fulfllment Of his grand predictions, an
r the consumation Of his best hopes r,
r garding the prosperity Of the industri
g of his country, add increasing radian'
e to the glorv of his illustrious name.
is -v'p-. THE END.