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NEWBEMM COMMEKCIAIL,
AtGMICUlLTIJKAIi ANB MTEMA IMTEIiliKfiENC IB IK.
IT
LIBERTY.. ..THE CONSTITUTION.. ..UNION.
; i
PUBLISHED EVERY FRIDAY
- BY THOMAS WATSON.
At three dollars per annum payable in adva nee.
I BY AUTHORITY. V
LAWH OF THE UNITED STATES.
i VSSED AT THE SECOND SESSION OF THE TWENTY-FIRST
-." i - I-"1.' CONGRESS. S
AN' ACT to authorize the extension, construc
tion, and usk of a lateral branch of the Bal-
- . i ,r- J L T TV 1 I! . 1 . . i .
L timore ana unip xvan itoaa, into ana within
the District of Columbia.
WiiEREAslit is represented j to this present
' Congress that the Baltimore and Ohio Rail
i lload Company, incorporated by an act of the
fGeneral Assembly of Maryland, entitled "An
act to incorporate the Baltimore and Ohio Rail
: Read Company," passed the twenty-eighth day
of February, eighteen ' hundred and twenty
's even, are desirous, under the powers which
.they claim io be Vested in them by Jhe provi
sions of the j before-recited act, to construct a
lateral branch from the said; Baltimore and
Ohiq Rail Road to the District of Columbia.
' Therefore, 1, I - U . ;" - 1
Be it enacted by iKe Senate and House of
Representatives iff the United, States of Ame
r lea in Congress assembled, That the Balti
more and Ohio Rail Road Company, incorpo
rated by the said act of the General Assembly
of Maryland, I shall be, and they are hereby au
thorised to extend into and within the District
.of. Columbia
Yompany sha
. structed, in a
said
a lateral road, such . as the
1 construct, or cause to be, con
direction towards the said Dis
trict, in connexion with the rail road which
they have located, and are constructing, from
the city of Baltimore to the Ohio river, in pur
suance of1 their said act of incorporation : And
the said Baltimore and Ohio Rail Road Com
pany are hereby authorized to exercise the
same powers! rights, and privileges, and shall
be subject to the same restrictions, in the ex
tension and construction of the said lateral rail
-road into and within the said DDistrict, as they
may exercise, or. are subject to, under and by
virtue of their sad charter or act of incorpora
tion, in the extension and construction of any
rail road within the State of Maryland,; and
shall be entitled to the same rights, compensa
tion, benefits j and immunities,; in the use of the
said road, anjl in! regard thereto, as are provi
did iiv their said! charter except the; right to
construct 'any lateral road or roads within the a specified time or distance, or
but nothing herein containedsh ill be so con
strued as to authorise the entry by the said
company upon.any lot or square , or upon any
part of any, lot or square, owned by the United
States, or by any other body or bodies politic or
corporate, or by any individual or individuals,
within the limits oi the Citjg of Washington, for
the purposes aforesaid, of locating of construct
ing the said road, or of excavatir g the same, or
for the purpose of taking therefrom any mate
rial, or forany purpose or uses w iiatsoever; but
the said company in passing into the District
aforesaid, and constructing the said road within
the same, shall enter the City of Washington at
such place,and shall pass along su ;h public street
or alley, to such point or terminey within the
said City, as the siid company ishall find best
calculated to promote the objects of said road:
Provided, That the level of said road with the
City shall conform to the present graduation
of the! streets, unless the said Corporation shall
agree to a different level : And, Provided, also,
That the said company shall no be permitted
to take or terminate the said roa d west of the
west side of seventh street west, And, Provi
dedt also, That the said road shall not cross, or
interfere with, or infringe on the existing
Washington City Canal, or the Chesapeake and
Ohio (Canal, their jivaters or basins, or any oth
er canal which may hereafter be projected and
executed to connect the said Chesapeake and
Ohio ! Canal with the aforesaid Washington
City Canal in its whole extent to the Eastern
Branch of the Potomac : Provided also, The
rate actually charged and received on all that
part of said road within the District shall not
exceed three cents a ton per mile for toll, and
three cents, a ton per mile for transportation,
except as hereinafter specified, and shall be the
same each way : Provided, also, That the pri
viliges granted by this bill to the aforesaid
rail road company shall be upon the condition
that the said company shall charge the same
rate of toll uon the same articles going east
and west between Baltimore and Washington.
Sec. 2. And beit furthejenacted, That, in
addition to the charges authorized by said act
of incorporation to be made by the Baltimore
and Ohio Rail Road Company aforesaid, the
said company shall be authorized, within the
said District, to make any special contract with
any corporation, company oi individual, for
the exclusive use of any car, or of any part of,
or place in, any car, or other carriage, on any
rail road constructed by the said company, for
said District irOm the saia lateral branch or
road hereby lauthorized, it being expressly un-
decatobd thait the said Baltimore and Ohio Rail
Road ComjjjLny ihall -have .power only to con
struct Jfromf the said Baltimore and Ohio rail
road one lateral road within the said District,
both, or for the
receipt and delivery, or the transportation of
merchandise or other valuable articles, in box
es, parcels, or packages weighing less than one
tenth !of a ton, onjsuch terms as may be mutu
ally agreed on between the parties. Provided,
That the charge for the transportation of mer-
to some point of termination within the City chandise or ether valuable artlclers shall not
and County of Washington, fo be determined
in the. manner hereinafter mentioned : Pro
vided, always, and be it enacted, That before
the Baltimore ahd Ohio Rail Road Company
aforesaid shall proceed to construct any rail
road which theV may lay out or locate, on,
through, or ovelr any land or improvements,
or to use, take for use any earth, stone, or
or other materials, on any land within the said
District, thev shall first- obtain the assent of
the owner of suh land, improvements, or ma
terials, or, if such owner shall be absent from
1 TV , jA I 1 A H ' " 1- .. A
ezceea one cent per mile tor any single dox,
parcel, for package weighing less than fifty
pounas, ana measuring, in size, not more man
two cubic leet ; and for any heavier or larger
box, parcel, or package, weighing, less than
one-tenth of a ton, not more than two cents per
mile. And the said company, in all cases where
the whole of the merchandise, produce, or
other property transported on the rail road
within the said Distrct, at any one time, be
longing to the same person, co- partnership, or
corporation, shall weigh less than a ton, and
a rail way between the city of Baltimore and
the District of Columbia, or shall incorporate a
company for tht same purpose, then similar
rights, priviliges, immunities, and powers, con
ferred by this act on the Baltimore and Ohio
Rail Road, be, and the same are hereby, con
ferred on the State of Maryland, or any compa
ny which may bfe incorporated by it for the
same purpose, within one year 'after the pas
sage of this act.
ANDREW STEVENSON,
, Speaker of the House of Representatives
JOHN C. CALHOUN.
President of the Senate.
Approved, March 2, 1831.
ANDREW JACKSON.
said District, or shall refuse to give suci assent more! than half a ton, shall be entitled to charge
and receive, for the transportation thereof, at
the same rate per mile as if i ii weigfhed a full
on such terras as the said company shall ap
prove, or, because of infancy, coverture, in
sanityv-or any other cause, shall be legally in
capable' of giving such assent, then it shall be
lawful lor. the said company-:to apply to a jus-
- ir .i. 'J . r ir C XTn clii
uce ui me peace ut mc iuum-y ui iioaiungiwu,
who' shall 'ihereunoii issue his warrant, Under
ton, and if the same shall weiffh less than half
a ton, the charge per mile may be the same as
for half a ton ; always estimating a ton weight
to be; two thousand pounds.
Sec. 3. And be it further enacted. That the
his hand and sejal, directed to the Marshal of said company are, also, hereby
the said District, reouinnsr him to summon a
of twenty inhabitants of the said. District,
none of whonv&halLbc interested or related to
any person interested in the land or materials
Acquired for the construction of the said rail
road, or a stockholder, or related to any stock-
the
enpowered to
Jiolder, in the said company, to meet on
land, or near to ihe other property or materials terms as shall be approved df by
so required, on a day named in such warrant, tent omcer or autnonty : and in
make such special contract with any duly au
thorized orhcer or agent of thef United S,tates,
for the conveyance of the mail, or the trans
portation of persons or property for the use of
the United states! , on any rail road which has
been! or shall be Constructed by the said Balti
more; and Ohio Rail Road Cojmpany, on such
the compe-
all such in
-not less than three nor mora than fifteen days stances, to receive the compensation so agreed
alter issuing the same, to proceed to value the for, according- to the terms of each contract.
damaeres which the owner or owners of any Sec. 4. And be it further enacted. That the
such land or other property will sustain by the said rail road company may chatrge and receive
me or occupation of the same, required by the for taking up and setting down any passenger
miL company ; and the Droceedinffs. duty, and or traveller within the JJisttict, conveyed a
thetiuthority of the said Marshal, in reerard shorter distance than four miles, a sum not ex
to such warrant and iury, and the oath or aflir-1 ceeding twelve and a half cents.
mation to be administered, and inquisition to Sec. 5. And be it further enacted, That un
he made and returned, shall be the same as are less the said company shall commence the said
directed ahd authorizedin regard to the Sheriff, lateral rail road within one yez r, and complete
by the fifteenth section of the said act of the the same, with, at least, one set of tracks with-
General Assembly of the State o Maryland, in four years from the passage of this act, then
incorporating the said Baltimore and Ohio this act, and all the rights and privileges there
Rail. Road Company; and all the other pro
ceedings in regard to suclr jury, and the esti
mating and valuation of damages, and the pay
ment or lender jot payment ql any damages as
certamed by such valuation and effect thereof,
by granted, shall cease and determine.
Sfic. ft.1 And be it turtneri enacted, l hat no
thing herein contained shall be so construed as
to prevent the Congress of the United States
from granting the same or similar privinges io
as to
others
extend the
connected
and of the view of any lands, or other nroner- thnsp hrphv crrahted to anvi other company or
i - . I iwaAvrw v w n-r w . J I i M. m
ty.o.r materialsL as to giving the said company companies, incorporated or to be incorporated
a right td; use the same for the use or construe- by the State of Maryland of Virginia or by
tion of any Tai road within he said District, as Congress, or from authorizing, by any future
ucreoy auuionaeu, suau, in every caseand in Jaw, such additional rail road or roaas, in con
xevery respect, Detne same as is provided in
i im Dy ine aouveuieuuuueu:aci oi mcorpora-
. non in regard to tne ran roaas thereby author
. ixeu ip De consjrucieu uy uie saia company :
rromdedf also, ana oe n enaciea, l hat when
ever the said company, in tne construction of
a rail toad into 'or within the said District, as
authorized by this act, shall nna it necessary
to cross or intersect any established road, street
or other -way, it shall be the duty of the said
company so to construct the said rail road
across such established roid, streetJ or other
vrayi as not to jimpede the passage or transpor
hection with said; road, so
same road, or to construe
th. tn snrh-narts of the District as from
time to timemavl be required by the conveni
ence of those parts of the District into which
the said comnanv are now restrained from car
rying said road, dr from enacting such rules and
regulations, prescribing the seed of cars or"
d road, and other
matters relating thereto, necesjsary for thesecu
rity of the persons and property of the inhabi
tants of the District, in such manner as to the
present or any future Congress shall seem ex-
tation pf Wohs or property along the same; pedient: And Prlwided, nevertheless, That no-
uut 11 auau uj? ucqsaai; w , UUug ucmn contained shall be consirueu
said rail road through thc$ land of any individ
ual within the paid District, it shall also be the
duty of ihe said company tp provide for such
invua) proper wagon ways across the' said
rail road, from one part of his land to the other
give any rights or priviliges to the said com
uauv, wvuuu lUC limilS OI IDe lilSlTlUV
Columbia. j
Sc. 7. And be it furihhr enacted, That if the
to
From the Cincinnati Advertiser.
BANK OF THE UNITED STATES, No. 3.
We do not believe the Addresser when he
asserts that "the revenue, as it accrues, is lent
out to the citizens of the States by the Bank of
the United States, whose notes can thus be Ob
tained ;" for. we have reason to believe tliat
the government deposits are used in trading
in foreign Bills of Exchange, and that by means
of that powerful engine, that extraordinary
capital, the Bank is enabled to manage the
Exchange market so as to raise and lower the
exchange the better to suit their own conveni
ence and profit. And, if such a bank were
to be established as the President has sugges
ted, and tha't the "few officers" should have
the liberty of selling Bills of Exchange, it
would be done at a regular rate not as has
been hitherto practised by the bank of the Uni
ted States, differing in different places, not
in proportion to the distance for transpor
ting the specie, but merely according to circum
stances most for the profit of the Bank.
In almost all, the argumenis in favor of the
Bank on the ground of its havingintroduced a
sound currency, we have observed those argu
ments to be founded on a false and deceptive
basis. We have no idea that the causes as-,
signed for the improvement of the currency,
have been correctly stated by the advocates
of the bank; nor do we believe that they have
given the just1 causes for the defectiveness of
the currency, previous to the establishment of
the Bank. The Addressor states that when the
charter was refused to the first bank of the Uni
ted States, the State governments considering
that Congress had renounced the power, pro
ceeded to the establishment of several hun
dred banks, whose operations ai last brought
themselves and the. country to such a state of
insolvency that in otder to extricate both, Con
gress "again established the present bank."
Mark the blunder "again established; the
present Bank J") Will he say this is any proof
ol the unbroken succession ot concunng judg
ments in favor of the constitutional exercise
of the power?
But we have no faith in the doctrine that
there was no other cause than the mere opera
tions of the State Banks for the depreciation
of the currency. There were several other
causes; one ot tnem may oe tracea to the aris
tocrats themselves, who were opposed to the
war of 1812, and who took every possible means
to embarrass the government, by not only re
fusing their aid but in using their endeavors
to prevent others advancing money for the sup
port" of government during" the. war, and the
consequence was that the State Banks exerted
themselves: beyond; their means to supply the
government with funds ; to this was added the
great drain of specie from the country to pay
for foreign supplies, which could only be paid
for in specie, and as a proof of this we oner an
extract from an address from the chartered,
Banks of Philadelphia in August 1813, which
says, "From the moment the rigorous blockade
of the ports of the United States prevented the
exportation of our produce, foreign supplies
could be paid for in specie only, and as the
importation of foreign goods to the eastward
has been very large, it has for many months
past occasioned a continual drain ot specie
from the Banks. This drain has be6n much
increased by a trade in British bills of Exchange,
which has been ; extensively carried on, and
has caused very large sums to be exported from
the United States." This, with the Brittsh
government bills sent from' Canada, and sold
at a discount of 20 to 22 per cent in 1812 and
1813," produced the suspension of specie ; pay
ments, and not the wanton and improvident
operations of the Banks as is insinuated by the
Addressor. So far from that being' the case,
if the so much boasted of Bank of the United
States had been in existence, it would have
been reduced to the same dilemma. It was
therefore from the complete state of exhaustion
to 'which the country was reduced by the in
r
trigues of the Eastern Federalistsand the crook
ed policy of Great Britatn, that this destitution
was produced; the smuggling of British goods
from Canada,! as well as the trade carried on
by the Federalists of Massachusets with the
English at the British fort on the coast, (the
name of which does hot now occur to us,) and
which trade was carried on by wagons from
the southwatd and from the interior, . but the
large balances always paid in specie on the
spot these were the true causes of the exhaus
tion and not the improvident operation of the
State Banks. But when the peace was obtain
ed, and the United States .Bank established,
with the character given to it by its name, as
well as the exclusive privileges with which
it was invested, ,then begin the destruction
of the State Banks, who paid dearly for their
liberality to the government, by having the
Mammoth created which deprived them of the
only means by which they could have' recovered
themselves. The government fundus taken out
of iheir hands, and not having specie to pay
over the balances, they were obliged to pay
them in their own notes, which became an in
struiubnt in the hands of the monster to crush
and reduce them to bankruptcy i and though
the Addresser, and others of j his .party, among
others the President of the Bank, have said
that fnone have been injured butmany saved
C. I i . I . . . . V
cy shown to the State Banks at that time.
They were sued, and the best notes they had
from individuals, had to be handed over to the
Mammoth; and of those individuals many were
obliged to make over to it their property, some
of them to the last cent's worth, in order to
pay their notes -and this was the tender mer
cy shown to the State Banks, and individuals
in the Western country and upon this is foun
ded the gasconade that the United States Bank1
renovated the currencv of tho rnnntrv. Now.
.who that is acquainted with tbp r.irnimsLinr.ea
of two of the banks at least of this city, can
doubt, but if they had had the advantages of the
Bank of the United States, they could have
renovated the currency of the country them
selves ? Had the public funds been continued
to be deposited in their coffers, had time been
given them to pay off balances, had they had
the credit of being partners with the govern
ment, and their paper been taken in -payment
of the public lantt& and of duties, wbo can doubt
that they would have paid all their debts, and
continued in as good credit as the Bank of
the United States, and even in better than that
Bank had in 1822, when it was so near a state
of bankruptcy? But they were reduced to ve
ry different circumstances : instead of having
the assistance of the government funds, instead
of having the credit of being partners with the
government, they had those funds suddenly
withdrawn from them -they were reduced to
the miserable situation of beseeching debtors
of the United States Bank, who even risked
their own property to a large amount in order
to crush the StateBanks and remove all op
position to them in the Banking trade. And
in this they succeeded completely and they
not only removed the opposition, but they did
it without loss, as eventually they have been
paid perhaps all, and more than all, they had
at risk.
aristocratic aru, rouna them. But it requires
no Solomon to tv that it is a last effort to
perpetuate its power , ;nVQiyjng the people
m its debt, and compelling t0 rencw its
charter. Can any man believe oti.wjse wben
he sees such, extraordinary exertions jte
an hour the charter having only four ori. !
years to run? -t 1 ' ;
We give the following parallel cases to show
how nearly the struggles btween the Whigs
and Tories resemble that of our country at
this moment. The friends of reform and re
publican principles here as in England, have
to struggle against the giants who wield the
purse. All the great Bankers of England
have come.forward and subscribed millions to
perpetuate abuses, and hold the Government
under the aristocracy. Our mammoth JBank
has been operating more secretly, but its work
is becoming visible. What a glorious omen
for the cause of freedom here, is found in the
result of the English elections? The cause of
the people has prevailed, it seems, in spite of
corruption. Globe.
From the 'N. Hampshire ' From BelVs Weeicly Mes
Patriot. . senger, of May 9.
When the Congress of the general election.
the United States char- The country is now in
tered the United States the ferment of an election,
and on the threshhold of
a contest which, as in
volving on both sides re
sults of the most vital im
portance, threatens to be
Bank, they placed in the
hands of an incorporation
to private individuals the
means of corruption of an
enormous magnitude.
The profits from the gra- ; fought with a vivacity, a
taitous use of the public vigor, and determination
money furnished by the not to be paralleled in any
charter are sufficient in j former appeal to the peo-
one year to buy up every pie. The Tories, as may
newspaper press in the well be conceived, fight
country ! Newspaper pres- for the existence of their
Last week, a package of National Intelligen
cers, addressed to several of four j citizens
containing a review (opposing) of Mr. Benton's
speech in the United States' Senate, against!
the renewal off the charter of the IJ. States
Bank, arrived at our post-office, together, witli
several other packages destined for other pla
ces. The paper advocates the cause of the 4
Bank, and supports Henry Clay fojr the Pre
sidency. Who pays the expense of the gra
tuitous' circulation of 15 or 20,00 copies of
this paper? Do the editors, or the - Bank?
We only ask for information, as Jeremy Did
dler would say Pulaski Oswego) Banner
. From the Bamer of the Constitution.
An American gentleman, who has within a
year or two past made an extensive tour through
Europe, has mentioned to us a fact, which
ought to be' known to every true lover of liber
ty in this country. It is, that wherever the
spirit of freedom has shown itself, wherever -the
voice of the people has been raised against
despotism and oppression, there has Free Trade
been always regarded as one of the great prin- j
ciples for the establishment of which the liberal !
and the patriotic have made such great sacrifi-
ces. Indeed, if freedom of industry, the right
of pursuing what trade or profession man
finds most to his interest and the best adapted
to promote his happiness and prosperity, be
not a question of liberty, surely the right of
speaking and publishing one's sentiments, can
not be so viewed. For what reason is it that
in free countries the people consider the free-,
dom of speech and of the press, as the great
palladium of their liberties? Is it not that
they may speak and publish freely, their opin
ions relative to the mal-administration .of the
public affairs ? And can any maladministra
tion be so gross as that which robs one portion
of the people to enrich another, and prohibits; ,
particular trades, the natural and most: pro-
jitable ones of the country, in order that those";
who have embarked in others which cannot
be carried on, except by bounties levied upon
the purses. of the-rest of the nation may grow
rich, or be saved from the consequences of
their own imprudence or folly? It is a stain
upon the annals of this nation it is an outrage
upon the glorious principles ofliberty, for
which the men of the Revolution poured out
their blood, and risked their "lives, fortunes,
and sacred honors," that, in the short space of
fifty years, their degenerate descendants should
court the very chains of slavery from which;
they so triumphantly extricated us. Happy j
will it be for our descendants, if the course
pursued by their fathers, do not restore them
to the same state of vassalage to King and No
bles, for the overthrow of which the declara
tion of '70 was proclaimed.
see are constantly subsidi
zed by the bank: the
printers are paid for pub
lishing and circulating
thousands and hundreds
of thousands of extra pa
pers. It is only the last
week that numbers of the
Nat'l. Intelligencer, con
taining a long and labor
ed review of Mr. Benton's
speech against the United
States Bank, were recei
ved by some dozen or
twenty persons in this
town, who were not sub
scribers to that paper.
power and for the mate
rials by which they have
hitherto been able to climb
up to influence and. to com
mand place and authority.
Like the giants of old,
the Borough-like-Babel,
which they had construct
ed to over-awe and defy
the genius of the consti
tution, is about to be over
thrown, and it was natu
ral that they should have
recourse to every artifice
to avoid the winged thun
derbolt and forked light
ning hurled at them. We
We had good reason for understand the subscrip
believing that the Bank tions of some of the Bo
sustained presses which rough Lords have been
supported, the late Coali- immense: unless the re
tion Administration, so formers are equally liberal
siernallv and decisivelv drawing thpJr
prostrated by the voice of they may chance to fail
the people ; and we now in the contest. Money is
nave
lievinsr
moth institution
ffood reason for be-
that this mam-
is the
moving power which
wages a most vindictive
and unprincipled warfare
against the administra
tion of Andre w Jackson.
the true source of political
waifare, and it tells with
wonderful effect in a Ge
neral Election. The or
dinary incentives of pa
triotism are apt ; to cool
1 aL 1'
uniess mis siimuious is
applied as the exigency of
anairs demands.
a
Statp of Maryland shall determine to construct I yet the fact of the matter is, thpe was no mer-
From the Huntsville Democrat.
BANK AGENTS.
Two gentlemen, agents of the Bank of the
United States, are now on a tour through the
Western country, examining the different
towns, for the pupose selecting those proper
for locating Branches of the Mammoth. They
have examined those through that part of Ken
tucky contiguous to the Tennnesse line, have
visited Florence and the intervening towns
in the direction of Huntsville, at which latter
place they arrived, and after remaining several
days, departed, we understand, for Knoxville,
fcc. &c. The general deportment of these
agents was entirely unexceptionable ; but the
appeareance among us of strangers, presenting
the phiz a of northern latituude, coupled with the
reputed object of their visit, could hot but ex
cite feelings of jealousy hi the breasts of the pa
triots of the land. The policy of forcing these
monied monopolies into the States contrary to
their wish, does not comport with southern
notions of justice; nor will they quietly consent
to the ajinihilation .of their State Institutions by
these foreign capitalists. ,
It has been a matter of surprise to many
that the United States' Bank, at this late hour,
should be forcing its branches into every nook
and corner of the Western country. The
opposition to the Administration of President
Jackson, contend that it is for the convenience
of the people that the Bank is extending its
We had a conversation, the other day, with
very candid and honest manufacturer of
woollens, near this city. He showed us a
pattern of British cloth, called Merino Cassi-i
mere, composed of a mixture of cotton and wool,1
the width of which was three quarters pfa yard,
and the cost in England 12 pence sterling.
Recording to his calculation, the charges of im
porting this article, including exchange, would
be 25 per centum, and, consequently,! the price
at which jt could be sold here would be, if there,
was no iduty upon it, 15 pence, or a fraction
Iessthan28 cents. Th ediity on it, however, be-
ing prohibitory, viz. 22 cent3 per square yard
that is, one hundred per centum on the cost- it
cannot be imported for consumption. We
asked him' what was the price at which the
American manufacturer could supply the same .
article? He replied, it could be afforded at 35
cents, being an advance of 25 per cent, .upon
the price of the foreign article, with expenses
of importation. Having obtained theseacf,
we then proposed the following questions :
"Do you admit that fthe American consumer
has to pay 35 cents for an article which, it
there was no duty, he could purchase for 2
cents !" ; '
. "Most undoubtedly," was the reply.
"You admit, then, that seven cents per yard
are taken from the pocket of the consumer, b
the Tariff; now we should like to know if those
seven cents an. go into the pocei ui
nufacturer." L
"They do not," was the reply; "The profit
of the manufacturer do not exceed two cents."
"What, then, becomes of the other five
cents?" asked we.' - .
"They are given to the operative, was the
answer. , , .f t1-
"That cannot be," remarked we, "if the wa
ges paid to the operative for his labor are inclu
ded in the 35 cents, the price which you say the
American article'costs." , .,; j
Here the manufacturer was at a loss to get on
with his argument, and he clearly showed that
he did not know what became of the odd five
cents, which were evidently demonstrated to be
a loss to the consumer, and no gain tor the
manufacturer or the operative. - . j
We helped him out of the difficulty, by tel
ling him the story of the monkeys at Exeter
Change. We showed him that these five cents
were spilt in the scramble to get the contents Of
one another's pans, and that they were as much
lost to the nation as if they had been thrown
into the sea, or as the food of the monkey
was lost in the scramble at Exeter Change. . r
tvttt 'hA th whole seven cents gone into
the pockets of the manufacturers, or of the oper-!
the case would mereiy rrr " - j
f rnHherv. When a
the
pickpocket steaUyopoekboc
a fives,
pie case
demands your? purse on tZ
i .i- : rt Tnsfir : the nrODertv
miinitv as a wnoie " : .
V
chafed hands. The objection. .
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