articles of manufacture is as follows:
Woollens, L15,750,000
Cotton, 11,250,000
Leather, 9,000,000
Hats and Caps, 3,575,000
Linen, 1,350,000
Paper, 1,350,000
Glass, 1,125,000
Iron and Steel, 11,250,000
"Some idea of the rapidity with which the American manufactures
are now capable of being extended, may be formed from the past
progress of the cotton manufacture. The consumption of raw
cotton was,
In 1833, 196,000 bales.
1835, 236,700 "
1837, 246,000 "
1839, 276,000 "
"The United States already supply two-thirds of their own
consumption of cottons. At the above rate of increase--of nearly
fifty per cent, in five years--America will much more than
supply its own market in five years to come. Never has the
manufacturing interest of the United States been in as
prosperous and sound a condition as at present. They need no
high tariff to protect them against British competition. _The
English corn law is their best protection_."
It is the restrictive policy of Great Britain that has called into
existence Lowell and the manufacturing cities of the United States,
producing an immense amount of articles which were once the sole
products of British industry and skill. If the same policy is continued,
the prosperity of the United States will be impeded, but that of England
will be destroyed.
The following is an extract from the memorial of Joshua Leavitt to
Congress, on the wheat interests of the North Western States:
"Should it, indeed, come to be settled that there is to be no
foreign market for these products, the fine country under
contemplation is not, therefore, to be despaired of. Let the
necessity once become apparent, and there will be but one mind
among the people of the North-west. The same patriotism which
carried our fathers through the self-denying non-importation
agreements of the revolution, will produce a fixed determination
to build up a home market, at every sacrifice. And it can be
done. What has been done already in the way of manufactures,
shows that it can be done. The recent application of the
hot-blast with anthracite coal to the making of iron, and the
discovery of a mine of natural steel, would be auxiliaries of
immense value. We could draw to
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