The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1890-09-18
Tariff Bill Passed.

bihil, NtucIOli, OstScys OllluuicIy OuI
lom, Davis, Dawes, Dixon, Evarts. Frye,
Hawley, Higgins, Hiscock, Hoar, Ingalls,,
Jones of Nevada, McMillin, Henderson,
Mitchell, Moody, Paddock, Pierce, Platt,
Plumb, Power, Quay, Saunders, Saw
yer, Sherman, Spooner, Squire, Stewart,
Stockbridge, Teller Washburn, Wilson
of Iowa, and Walcott-4O.
Nays-Messrs. Barbour, Bate, Berry,
Blackburn, Blodgett, Bntler, Carlisle,
Cockrell, Coke, Coquitt, Daniel, Faux
ner. German, Gray, Harris. Hearst,
Jones of Arkansas, Kenna, Morgan,
Pasco, Pugh, Ransom, Reagan, Tnrpie,
Vance, Vest, Voorhees,, Wathall, and
Wilson of Maryland-29
The following pairs were announced,
the iirst-named in each couple being in
favor of the bill: Messrs Dolph and
Brown, Edmunds and George, Farwell
and Pay ne, Hale and Mcpherson, Nor
rill and HAMPTON, Stanford. and Gibson,
Pettigrew and Call
Mr.. Aldrich moved that the Senate
insist on it's amendments to the House
bill and ask for committee of confer
ence, the conference to consist of seven
on each side. The motion was agreed
to and Messrs. Aldrich, Sherman. ALI
son, Hiscock, Mcpherson, Vance and
Carlisle were appointed conferrees on
the part of the Senate.
1t is to be hoped that the conference
committee will adhere more rigidly to
the protective principle as presented in
the House bill, than has the Senate.
There are several articles taken off the
dutiable list, which ought to be restored.
Binder Irvine is one of them. This arti-
Gle was placed on the free list, in COM
pliance with the views of several Repub-
lican Senators from Northwestern States,
and if the bill shall be reported by the
conference committee still retaining it
in that list, it will work great disaster to
large manufacturing interest OF this
country. 1t will be found, too, if the
tariff is not retained and it's manufac-
ture in this country not protected, the
Northwestern farmer and the whole
country will be at the mercy of foreign
manufacturers in short time. With
the industry killed here, it would be
only question of time when foreign
manufacturers would control the pro-
duct and the market, and fix the prices
to suit themselves, increasing them in
stead of diminishing.
The South ought to demand the pro-
tective principle in everything that we
produce in this country. In some in
stances temporary Inconvenience might
arise from it, but in the long run there
is no part of the country which would
reap as many and as large advantages.
The South is to be the great and the
successful manufacturing section Of the
Union. 1t is here where the raw ma
terial exists in greater abundance, and
where all the conditions which enter
into industries are favorable. This is
especially so as to iron and cotton man
ufactures. We ought to defy competi-
tion with every other section, and in a
few years could compete even with Eu-
rope, with the tariff off. But the true
policy of this country is to sustain the
protective priaciple-make it of univer-
sal application, and with this assurance
as the fixed policy of the government
there would be such a bound forward in
industrial lines MS wonld astOnish the
world The South is the virgin territory
of the country as to natural advantages
and development. 1t is newer than the
West. 1t has more to expose and
improve, and more natural wealth
country coInDfned. IIer fertile fields,
her mountains of minerals, her bold
streams, her vast forests have scarcely
been touched by capital and labor.
Their application will unfold wonders,
and show riches that cannot be ap-
preached by any other part of the Union.
What is wanted to accomplish the ends
that natural wealth and conditions
require is the application of the protec-
tive principle to our manufactures, and
when that becomes the settled policy of
the government, and the pestiferous
demagogues who are always talking
about what they know nothing, are
silenced, then will be witnessed condi-
lions of material advancement never be-
fore seen in this or any other country.
The South wants the prot ective policy.
Virginia especially demands it by every
consideration which affects the material
interests of the people and the political
power of the State. With it, her future
is assured. and she will become the
dumping ground for the surplus capital
not only of the North and West, but of
Europe as WE'LL to large degree.
Big Contract Ratified.
A dispatch from Glasgow, Va, dated
the 10th, says: 1.-The Board.o of Directors
of the Rockbridge Company, Governor
Lee, presiding, in session here to-day.
ratified the English contract made by
their vice-president in London. Their
capital stock was increased from $500, 900
to $5000,000. The English syndicate
contributes 81, 100000 in cash. This is
great event in Virginia's history, and is
the advance guard of much more. The
contract is most favorable to American
stockholders.
In conversation with gentleman ia
miliar with the transaction above noted,
he said the whole deal had been closed,
and this large amount of foreign capital
would certainly be located at Glasgow.
This means a great thing for Glasgow
as well as Virginia, and especially this
part of it, 1t means, further, that it is
the pioneer movement giving direction
this way to foreign capital, which will
augment in volume as the wonderful
mineral wealth of this section becomes
known. There is room and opportunity
for all that will come, and liberal re-
Enumeration for every dollar that will be
invested The district from Clifton
Forge to Covington, embracing the
Rich Patch region, and the Douthatt
survey on the other side, and other
properties now being worked in the vi
entity of Low Moor furnace, to say moth
ing of Longdale = probably the best
manag ed iron industries in the South
contain enough iron ore to justify the
a.