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The Pig Iron Infant

The Pig Iron Infant image
Parent Issue
Day
29
Month
April
Year
1870
Copyright
Public Domain
OCR Text

Fro:n IhoCJncüi rc!I (Bap.) Ju tiio course o! evenw, k feems w tinvü been conoluded by the vieacres who kindlj consent, to run tho governm-nt fur as, thüt the natural prooliyity of pooplo who wantsdu, to buy pig iron whcre thcy cmiid got it tlu ohoapest, unless restraiued, would. briüg this na(.ii to roii. Tn linde net sharpened by exeruise in waid %oi township politics, the ferruinoas piga woro but the raw material out of ivluch wvro wrought oqun tiesa indispensable wares and utciisils. Thai tho leis the cost of tbis material the eheaper would ba tho manufacturad uriWlt, and,ss every one wactcd moro fir less of these, the botter it would bo for us all, was maintaicéd as Btontjy as thougb it wero self-uvideut. It ws even nrued tbftt if pig iron, or, for thai matter, Iocom(tiviv8tov88, hardware, plows, tooi, maohinory and the liko could be Imd for uothing, the entiro oommunity vfculd bo riober and more prosperóle, though tho pig iron industry ceased to fce,. nnd the labor and capital csnployed in it wise npplitid toother undertakiugs. ïhoso holding such views obstiiiately rafuscd to understand that cbeap pig jroo woukl briug U) grief the land we love, and nothing less potent than a bydraulio engiue could bare impresscd tho great truth upon them. But, as ttstod, tho gifted beings who manipúlate primary meetings, and mako la w 8 for os, eaT it ; as did the furaaoe owners. These lattor, from the beginiiing, had coolly aesumed that by oarryiog oü their businesa they put the public uuder speoiul obügationa to them, which could only. bo canceled by the enactnient of laws to put into their purses monoy exaoted from tha peoplc. Choapness Kf.s the resul t of conipatuion. The pigiron industry iu this country wos, oodttaaes, and bids fair ever to rrnin, in bu iafantile condition - too teuder to bear exposure to corapetition. If o exposed, labor and capital, fluding otber enterprises more profitahle, migbt abandon it. This, whicb. adípts i the pi-iron logio would cali tho destruetion of tbeir pet iadustry, tbey admonish us, vrould b n great national calaruity. Unless other employment, naturally more profitable, is deserted for the sake of inaking pigiron, they assume we oaa not be virtuous and happy. Uostroy competitioo, they said. aüd cbeap pig-iron will disappear from out markets, aud oor industrial iofant will was fat uud lusty on the monopoly ecured to it. The nearest practicablo approaeh to tbis was toimpose a tas on those, who, jicldingto th seductions of tho natural enemies of tbo republie, bougbt foreign iron in pigs, when it was cbe.ipor tbau that oí doínestio manufacture. The tariS iá such tax. Since i(s passage the bayeta of the wretched pig-iron product ■ti.efl'fle monarchies and tottcring despotiams, have ';oen mulcted to the tune of about thirty-fivo percent, of i's cost, whicb, however, goes into the treasury, along with the fines impossd on other evil doers. Bufr our manufaoturers adii tho liko aniount to their prices, and pocket tho extra profit. About sixtecnseventeenths of tke metal in pigs, used ia the United States, is tho product of our own furnaceg ; po tbo taiiff operates to yïeld one dollar for revenue while it put3 si.teen into the purses of the manufacturara, of whom there are about three hundrd in tho whole country. Sucb pampcriog of this particular infautile industry proved disaBtrous to all other ivon-working industrie. Tbey, too, were, and yet nre, iu that juvenile 8togo, bcyond which no American industry ever advances. Tho increased cost of tho raw material went hard with thom. Iu fact, it bus totally destroyed the business of ship building, which alone gave employtncKt to os many people as the p'g-irou works do. Aud now the s'uip-buildera, with the rest of the industries stuck In the first stage of esistenco, are crying aloud for government bounty. They a?k that the dufy paid by them on iroported pig metal be refunded ; that fo" what they consume of American manufacture, they Bhali bo paid a subsidy equal to the duty - in slort, that for every dollar received from theni for reveuue, the go'vernmeut fcball bestow on them seventeeo in bounty. It is demanded for the prèservation of their industry. But the creafc Aoierican sjftem, as expounded By Mr. Greeley and other old folks, it to fiad a homo market for all our proliucts and to import nothing. For what theü are sbips Wantod ? All other mechanica! interosts are in like marnier Ketting up as infant industries, and clamoring to be taken in at the national nursery, as the pig-iron euckliog has been, and of course it will be dono. But to the sgricnltural classes, who comprise seven-teuths of tbe entire population, tho only protection extended is against their ruining themselves by exchanging their producís, where for what they have to dispose o.f they can got niost of what they want whether manufactured articles or not, nd Hr. Greeley, and other old folk?, assure them that thoy will be enricbed by giving two bushels, of grain or two pouads ot cotton for what, if trade wero free, might bc got for ono. If anybody digsents to this, all tüe proteoted infants yell iu qborus, "British Gold." öo are oheriehed the industrial infants. They are as expensive as so many clephauts but we are told that in soino iascrutable wuy it is all for our good.

Article

Subjects
Old News
Michigan Argus