Show manufacturing TION a manufacturing operations in in the eastern centers of industries have bave A for some sonic time ileen been subject to a considerable stagnation which threatens to terminate in a hurri cane similar to those commotions which plough up the depths of the ocean after a motionless calm judge hilton the euc successor cessor executor heir etc of the lato late A T stewart of new york has closed all 01 his woolen mills in which ho he used to employ 12 ope operatives ratiTe s am assigning signing as a reason that he be could buy the goods cheaper than he could afford to manufacture them woolen goods can be made in this country as aswell well as 03 anywhere else put there is no profit in it at least not as a large a percentage as there is in other investments of capital mr C hillon hilton who certainly must be cono dered as an authority in this matter ascribes the source of the evil to the tariff oni on otwool wool which keeps from our mills those grades of foreign raw material which are feces airy siry to enter into combination with the domestic article to produce tun fabrics our readers will remember that on april fth when mr converse of ohio moved in the house of representatives to have the old high duty on oil wool restored another buckeye congressman frank hurd took firm ground against 0 any increase of oatlie tile tariff on wool giving among his reasons the following as reported by the associated pre F ho he charged blat tl at the low price 0 of 6 Arne american rican wool vas was largely attributable to tho the high price of foreign wool there were three grades of wool in the market superfine intermediary me diary and carpet of these americ did not produce the superfine or the carpet wool and therefore nu lick duty on them could be of benefit to any farmer As to the intermediary grade this was the situation tho the wools of foreign countries had bad a texture and fiber which american wool did not poss sess and the american manufacturers wanted them in order to mix with american wool no man could make a good suit of clothes out of cloth made from american wool only these arguments and others prevailed and the house rejected converses motion although only with a majority of seven of the votes cast this vote wo greatly apprehend will lose to the democrats the support of the wool growing state of ohio but at the same time it is surely greater statesmanship and patriotism to protect the consuming many by enabling them to wear cheaper clothes eat cat cheaper food etc than to favor the producing few of whom by the way way only the very few r head manufacturing monopolists arc are benefited by high tariff duties but let us return to our first subject the stagnation in business exists also in the cotton manufacture most of the factories either having 0 shut down or being about to do so 80 as Us with the present prices of cotton it is said to be impossible for the manufacturers manufacture re to make money in new york city cotton goods are selling 0 at 21 to 3 cents per yard which is moro more than the raw material of the fabric cornea comes to mr hilton fears that we have baye not yet even begun to see the stoppage of manufactures and mills which is coming in the east owing to tho cessation of the demand for railroad iron the iron mills are closing although railroad iron is now 35 ton where its was former ly was 90 similarly in other industries indus dus tries the demand being far below the supply there has been an tin unwise wise over stocking an unnatural inflation caused by the seductive appearances ot of exceptionally good times a few yearn years ago followed by a relapse repeating repenting the history of the seven fat and IF seven lean kan kine all legislative attempts at putting the financial plane which is at present ing a dangerous incline on a estis factory level must have as an underlying der lying foundation the great truth that all governments and other social organizations are to secure the y greatest possible amount of good to the greatest possible number of tho the units form forming ing g the organization and whilo while every consumer of one thing is the producer of another unless hebe he bo a pauperized idler it results that all being consumers of almost every article of production the cheapness of the product should be the consideration paramount to the profitability of the producing which in plainer words mean means the i greatest possible reduction of the burden on raw material |