Year: 1862







OF the army This policy has saved our manufacturers
from damaging competition and secured for the army
goods made only Of the purest materials, while 1t has
also prevented the expectation of considerable amount
specie which must have gone of the country In pay
ment Tor foreign goods As rule, manufacturers have
made good profits ON military goods. The transactions
have been on cash terms, which Of itself is equivalent TO
small profit There has been no loss deprecated
goods as is usual many kinds Of stock The goods,
instead Of laying on hand for weeks months, and
losing interest, have been direct from the packing
room to the buyer and draw have been caused
by bad DEBTS These considerations have raised the net
profit on goods much above that usually realized
on other fabrics.


SINGULAR EFFECT ON THE WOOL TRADE.


This extraordinary demand for military goods has had
singular effect the wool trade. The army regua-
tions require military cloths be made Of wool Of
and long staple The sudden demand for this class
OF wool early put the price to about that Of the hner
goods and the result that tho value Of nearly all
qualities became equalized. Wool that had ordinarily
sold at 26 and 80 cents advanced 3S and 40 cents;
and grades usually worth so IS sold for 40
The amount Of wool consumed since the 1st Of May last
exceeds everything In the history Of domestic manu-
factures The consumption Of manufactured wool for
army purposes alone have been short Of Is 900
i"uhos' naCh bOiuloI viii
Of his overcoat blouse and Blanket pounds
Of manufactured WOOL Seven hundred and fifty thousand
mon inclusive OF three months men, have been supplied
with one such outfit, and probably two hundred thou
sand have had second The consumption Of wool at this
rate would bc as follows, allowing nothing for goods in
stock and in process Of making up


750, 600 men, 10 lbs Of wool EACH lbs u 600 600
100000 men, 10 lbs Of wool each. 100000
Total consumption, lbs Is 200 900
TO this estimate Of the amount Of manufactured WOO
taken into actual consumption by the army added tho
amount Of waste in securing and manufacturing, the
quantity in process Of manufacture the goods
now in stock and in process Of being made up, will
suit that not less than twenty-five to thirty million
pounds Of wool hGs been sold for army purposes alone
the value Of the wool be taken the low average
estimate Of 42]a cents per pound it viii follow that
the sales for military goods has reached the
nous total Of about twelve million dollars Thus,
while the has withdrawn from the agricultural
States about three hundred thousand their productive
population II has also returned TO them several million
dollars for this one kind Of produce.


TIE WAR ESTABLISHES A NEW TRADE.


The shoddy trade has heretofore taken but slight root
in the United States It promises, however, to receive
a very important impetus from circumstances growing
out Of the s found that the casto clothes OF
the soldier, being made Of pure long 6bred WOOL mako


first rate article in shoddy class Of merchants have
consequently sprung into existence who greedily
buying up all the casto soldiers clothes they lay
their hands upon The price paid for them about thirty
cents pound They torn to shivers by the shoddy
devil dressed up with oil other ingredients at cost
Of about two cents per pound the product commonly
known shoddy sold at price very little below that
OF the wool from which the original cloth was made Az
this the value Of the old clothes present army
should be worth nearly So 500 000 II trade secret
which the public may well know that this material is
sold fast be produced for the manufacture of
army cloth, notwithstanding that the government con-
always stpulae that the goods shall be made en-
trey Of pure wool. The shoy being ready dyed saves
the cloth manufacturer both the time and cost involved
in the dyeng process. It must however in fairness be
said that the article is vastly superior to that usually
consumed in Europe, and that being long staped and
free from DUST it will almost equally with genuine
WOOL The manufacture Of shoddy, with those who un.
derstand it, very lucrative business but may we'll
be questioned whether its consolidation should be ranked
among the advantages OF the


EXTENSIVE EMPLOYMENT OF OPERATIVES.


The extensive employment Of labor In making up army
clothing much less questionable result While
RAJ thousand taors and seamsressss in New York alone
have been deprived Of their usual employment by the
soppage Of Southern purchases Of clothing they have
bosn fully compensated by the manufacture Of military
garments Hundreds Thousands have in this way found
employment in all parts of the country who. at the be-
ginning Of the war, anticipating starvation Crspin,
usually renowned for his military prowess has doue
his country important service in equppng others Of more
martial qualities The manufacture Of army clothing has
distributed among the sewing population two and
half million dollars during the last eight months. The
annexed statement gives the quantity Of each class Of
garments made up during the war; with the price usually
paid for making each


vAruE PAID FOR THE MANUFACTURE OF MI IrARy