The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1885-07-23

sstAhlishs1 . hssissas ~ . bssiess ~.
usaiion second 70 poas ia the countsy,
He hes doos considerable verb for III
government and much moro for private
ccmpAaiss and individaAla, and most oil
our eossting steamers - veil - The stssn.
err Of the Pacific Mail Co. vsrs built BY
hin. There il little dosbs thst The courss
Of the ''rstorm administration Ia declaring
that NJ. Roach bad no valid contract viii
ths sovernmsnt. though building foss
steel vessels for IL csussd his suspsnsion.
Though sbs sovsrnmsos may not have
osed him large sum Of noaoy. yss The
iniimssion thss be ~ liabls 70 pay back
I'll that bad bssn paid him destroyed bic
credit We givs bis own reasons for hia
failure - detailed 70 the n Y. TiJme.
"Nov - 10 the causes which have led
up to my assignment" said Mr. Roach,
.strictly speaking il IL not . failure; that
Y 70 cay. my assignses viii b able % pay
~ Tor every 81 81 liabilities il they realize
anything like the real value Of my prop
eriy. cannot noe say What t6s exact
amount Of ny liabilities u nor What ths
sum 81 my assets will ~ 70 msst Il, bat il
wers not 90 old man and II I had
health awhile longer ! could pull things
straight again. II ths people understood
this matter. II The msndscious Tres tsads
press bed not % extspsivaly deOsivod
ihs failure Of then. John Roach
would BE- Recognized from ocsan
10 ocean o. : National calam-
ily. Twenty four hundrsd vorkingmen,
500 10 the Morgan Iron Works and twice
Ihst numbss Of Chestsr, went eat OF ny
shops on Saturday night Who will not 70
back tomorrow. In these hard times that
Is serious matter. This h not party
question. ! hare besa Rspublican, bat
Above that l have 6rsl. last and
ever have been On American.
Il was my great ambition that
Dur Nation should recover ito glory
md prosperity on ths seas. ] wanted 10
prove that American merchandise. grown
Dr. made by American workingmeu in
American shops could be sold the world
over through the medium Of American
hips built from iron rolled in orr own
hops and OF timber cut from our own
orests wanted to prove that We could
10 business on our own bottoms, and that
,ther nations with less resources were not
more sagacious and enterprisiug on
he seen. / have given my life and my
ortuns TO that end, and even In the pres
,nce Of this calamity. I am proud Of
THAT John Roach has accomplished. Ten
rears ago an American minister accredited
o Brazil was forced to 60 10 England in
rider 10 reach Rio Janeiro. Today John
aoachs iron vessels take him there direct.
Ny feet. representing ten millions OF in
estsd capital and millions Of wages that
AVE gone into the mechanics pockets,
nd millions Of merchandise bought and
old 1t Southern ports, cruise along the
cast under An American flag. And the
ates OF freight arc less than half what
hey were once. At an expense Of more
han . million erected ship yard, I
'uilt rolling mill to prepare my iron and
tsel. employed 1850 American work
nen. / incorporated companies TO sail
essels. and despite the fact that the gov.
rnment lent mo scant encouragement
lille foreign governments practically sup
'orted their ship builders, have proved |
hat it 10 possible fer 10 70 secure an i'm
,ense foreign trade and TO become, il the
overnment would but liz its conssnting I
niger, the greatest 900 trading nation Of |
be earth. Traduced and abused By those J
len and newspapers whom foreign inter
.ts have subsidized, and brought into |
sandal with millions Of ny fellow citizens |
no were deceived BY them and who did
OF understand my purpose, 10 my old and !
nfeeblsd age and after hall century Of
bill. I have lost my money and my spirits;
at I am consoled by the iaot thst the peo-
10 will one day understand u ell and see
its real value what / have done Of good |
nd what they have done Of harm 10 our
'ationsl interests.
Business became stagnant about one
esr ago, when the Presidential nomina-
ons were being made. The free ship
lovement was strong, for Il had catchy
,und. Il sounds practicable il we buy
hips abroad Of less than ws can build
aem here that that il whore to save the
Ionsy. But the fact Il that il ID neither
IL nor honest nor possible Ia dozens
| pamphlets and arguments before Con-
ress / have 90 forcibly established that
ct that the repeal Of our navigation laws
u been invariably defeated. Il would
ks too much time and space TO 60 into
| that here, The Tribune has explained
ne and time again. The Democratic
lrty u supposed TO BE- in favor Of free
lips, and when the election excitement
,gan, tho people cav tho possibility Of L
emocratic success. and Of the passage Of
Law that would mean the annihilation Of
msriesn ship hniIdisg. there was no bus
ess. Carrying companies could not
,ild ships becauss they did not know
~ soon the foreign ships. operated BY
reign cheap labor would b admitted to
i've their business away. All the work.
ersfors, that l have had on hand has
zen the construction Of the new dispatch
ut and the three new cruisers.
ii tell you. my friend, that those boats
IRE condemned before their kssls were
ID. They we're condemned Ia Congress.
hs Democracy dared not oppose the plan
. new Navy, because II bad become .
~ popular notion. The people ia :
~ wanted navy. But they opposed
Q appropriation because, - they claimed
their Congressional speeches. the mon
would not b honestly spent. The
w made against this clam.
and bids for the work we're asksa soF.
Inc was the lowest I'D beeauss had
! grsatsr facilities for H. work than aay
her ship builder. secured ~ con-
lcts, and began the work Of construction.
the meantime the Democracy bad como
10 power. and prepared 70 prove thsir
ophecy that the appropriation wss not
mostly spent The Dolphin, : strong,
bstantial. excsllsnt vessel, va con
mined on the most puevile tschnicslitiss
d to add TO this injustics, Mr.. Garland
, repudsted the contrscts snd prastical. :
said thst there exists no binding agree
mt betveea me and the government.
Ist capped the Gilman. B1sinsss stag.
nt $4,000 Of weekly wages 70 psy,
'rks 70 maistaip. ssi eoatssets rspudiat.
! Still bors up aud tired 10 raise money
my securities and property 70 Anish !
! cYuisefe. Trusting The ronulk "a The