1830.] Foreign bills of exchange, Baring, Brothers & Co. Hope & Co. and Due from Bank U. States Due from State Banks, Due from United States, Due from J. A. Buchanan and J. W. Mc- Losses chargeable to the conting't fund, Banking houses, bonus, premium, &c. BANK OF THE UNITED STATES. 16,281,689 09 25 20 Bank Unitd States, do Portsmouth, do Providence, do Hartford, 25 do New York, do Baltimore, do Washington, do Richmond, do 21 do 24 do 21 do do 17 do do 13 do 2 do 9 do 11 do 10 do 16 do do 20 do 10 do 21 June 2 Cash, notes of Bank U.S. and offices, Do. do. State Banks, Mortgages, &c. STATEMENT OF THE BANK OF THE UNITED STATES AND ITS OFFICES OF DISCOUNT AND DEPOSIT AT THE DATES MENTIONED. 12,589,672 80 1,405,817 30 7,251,782 78 Banks. do Norfolk, do Fayetteville, do Mobile, do New Orleans, do St. Louis, do Nashville, do Louisville, do Lexington, 19 do Cincinnati, do Pittsburgh, do Buffalo, Ag'cy Cincinnati, do Chillicothe, Total, 259,058 12 Navy Agent Norfolk, 2,727,046 18. Total, 968,378 75 18,431,631 77 612,760 44 2,551,693 83 135,288 02 1,444,401 89 199,499 29 21,247,272 88 189,103 87 Capital stock, Due to Bank of United Deposites of Treasurer 2,700,404 55 215,955 70 66,384 90 186,901 91 144,530 85 115,336 84 979,452 71 2,487,331 11 383,688 68 201,685 02 28,908 16 194,232 42 -187,693 31 122,339 50 Discount, exchange and interest, Due to Bank United States and Offices, 14,917,012 52 230,851 99 801,029 79 6,260,618 63 Total, $100,663,367 54 9,784 26 784,829 13 264,210 27 465,330 03 675,043 94 832,143 18 66,274 80 14,917,012 52 808,441 81 47,154 59 13,838 10 1,174,594 44 23,378 85 6,165 80 2,944,900 87 215,239 03 87,563 10 28,492 91 10,786 57 34,853 56 120,522 32 104,860 70 200,524 38 481,198 10 245 102,215 87 7,183 94 106,335 14 10,304 28 199,294 28 15,396 10 420 81 40,144 17 $100,663,367 54 $34,996,269 63 27,537,798 76 1,371,214 11 6,743,665 25 13,725 98 80,579 85 1,497,350 36 4,974,557 91 Deposites of Individuals. 1,092,635 99 17,962 09 13,947 18 230,400 50 24,941 67 29,125 51 YORK AND MARYLAND LINE RAIL ROAD. | expense, are also bound, have repeatedly and respectfully made application to the Legislature of the state for an act of incorporation for a rail road from York to the Maryland line in order that they might possess the same facilities as to market, and enjoy equal advantages withother citizenswhose locality enables them to use the state works. These applications have, by some of the members of former Legislatures, been looked upon with an unpropitious eye, as being calculated to injure the trade of the state. The citizens of these counties, however, with great satisfaction and gratitude have seen, that the present Legislature regard their claims, as founded in justice and equity; and so far from being calculated to depress or injure the general welfare, will unquestionably increase our prosperity, unanimity and happiness. So far from being originated by selfish motives, or an alienation of regard from any portion of the state, they have considered them, as founded on our equal rights and sincere wishes for the general prosperity. 913,720 81 604,171 82 283,275 68 194,685 56 234,638 61 38,517 27 519,478 72 83,406 45 48,267 66 717,550 45 148,211 90 160,616 78 197,046 28 224,958 20 274,036 39 184,190 73 54,747 77 84 61 6,260,618 63 With great surprise and regret therefore, the citizensing our union, healing old breaches, removing former of these counties, have seen the preamble and resolu- complaints, and finally, will impress upon our hearts evertions passed in Town Meeting by some of the citizens of lasting gratitude to the present Legislature. Philadelphia, convened with the view, openly expressed, of bringing to bear upon the Senate, in whose hands this bill now is,an out-door influence,having for its object, the defeat of the present bill. Could we for a moment believe, that the Senatewould not spurn such an attempt,we would submit without a word to the fate which would then impend. But trusting freely and unhesitatingly in the justice of our claims, and the judgment of that honorable body, it only remains for us to answer those fallacious arguments which have been used against us by that meeting. Resolved, That this meeting view with the highest degree of satisfaction the course pursued by the present Legislature respecting the passage of a bill for the incorporation of the York and Maryland Line Rail Road Company. Resolved, That this meeting regard the present attempt of a few of the citizens of Philadelphia, to prevent the passage of this bill at this time, as an unlooked for, and unwarranted interference with Legislative proceedings. Resolved, That this meeting, trusting in the justice and judgment of the Legislative body, willingly and confidently await their decision upon this bill. Resolved, That a committee of correspondence and superintendence be appointed, & that they be authorised to take such measures as they may deem proper and expedient to carry the objects of this meeting into ef fect. It is argued, that "the passage of this bill, will destroy the original canal system, divert the trade from the state, and be a virtual violation of the original compact entered into, at the adoption of the system of Internal improvement." What this original compact was, this meeting is unable to comprehend, unless it was, that the interests of the whole should be regarded, and not solely that of a part, that the system should be general and not local. As to a diversion of trade, we are at a loss to conceive, how a thing can be diverted from a course which it never pursued. The citizens of this section of the state have always sold their produce in Baltimore, and always bought their goods in Philadelphia. And although a similar contention arose when we asked for the incorporation of our turnpikes, the same jealousies were excited, the same arguments used and the same results foretold-sentatives of this commonwealth. still, the old course of trade is pursued, the produce is still sold in Baltimore and the goods still bought in Philadelphia. The latter has still prospered, the state has remained uninjured, and we have been accommodated with thousands of others, to the injury of none.That instead of destroying the canal system, it will render it more productive, must be evident from the tolls on Iron and Coal, which can then be sent to market in the Chesapeake to the profit of our citizens up the riv er, the increase of the canal tolls, and the general prosperity. Of what advantage will it be to our fellow citizens on the East and West branches of the Susquehanna, that they can get to market, if it be at such a disadvantage, by reason of the distance, that they cannot avail themselves of it? Will it not be better to afford them a direct road to a near market for their coal, than to force them to Philadelphia-to a market, which another season will glut, and which other mines command; or to compel them to go by Philadelphia through the Delaware and Chesapeake canal, and look for a market, or give up the business-Which latter must ultimately and assuredly be the result of such a course. Resolved, That it is the opinion of this meeting, that This bill it is said will be "suicidal to the state inter-public acts which authorize a vast expenditure of moests, and carry the trade from the West of York to Bal-ney mainly for the benefit of a particular section, whilst timore." If the passage of this bill give vent to an ad- another section is denied the privilege of expending its ditional 100,000 tons of coal, will the additional tolls giv- own means in improvements tending to its own advan en by such an increased trade (which without this vent tage are illiberal, unjust, promotive of invidious hostil can never be carried on,) will this, we say, be suicidal? ity, contrary to the spirit of the social compact, and cal We think not. And as to the trade west of York; if culated to aggrandize a part at the expense of the there be no facility for carrying it to Philadelphia it will whole. not be taken there, even if it be prevented from going to Baltimore. It must rot in the farmer's barn. It is true that from Philadelphia much of the revenue of the state arises; but it is also true, that even after this bill be passed, admitting her own view of it to be correct, still, she will derive advantages far greater than we can, in proportion to her payments into the state Treasury. That meeting says, "that as a matter of justice, those south western turnpikes which are involved in debt, ought to be aided!" And why? Not because they regard them any more favorably than our improvement, but because they would now be glad to conciliate and undo what has been done. They say, "this bill will rend the cords of union by which we have heretofore been bound." So far from this being the case, this Resolved, That it is the opinion of this meeting, that the city of Philadelphia is the spoiled child of the common wealth; that she has drained the treasury, exhausted the resources, and seriously impaired the credit of the meeting firmly believe that it will be the means of cement-state; and that her influence and attempts to force trade The following persons were accordingly appointed: Thomas M'Grath, Henry Smyser, Jacob Emmitt, Geo. Small, Charles A. Barnitz, Dr. William M'Ilvain, John Gardner, James S. Connellee, George King, George Laucks, George S. Morris, Samuel Rutter, Wm. Jones, George Lauman, C. F. Fisher. Resolved, That copies of the proceedings of this meeting be transmitted to his Excellency the Governor, and to the Speakers of the Senate and House of Repre C. A. BARNITZ, Chairman. George S. Morris, Secretaries. The following are the proceedings of a meeting which took place, in consequence of the Senate having negatived the bill, incorporating the "York and Maryland Line Rail Road Company." PUBLIC MEETING. At a meeting of the citizens of the Borough and County of York, held at the court-house, on Monday evening the 5th of April, 1830, the following resolutions were adopted. Resolved, That this meeting regards with the deepest feelings of disappointment and regret, the late refu sal of a majority of the Senate of this State, to grant the reasonable and rightful request of these southern counties, for a charter to construct a rail road to the Maryland Line. Resolved, That this meeting consider the people of these United States as one great family, linked together by common interests; and that the liberal and enlarged policy of the state of Maryland, in authorizing the con struction of the Chesapeake and Delaware canal, and subscribing a large amount of stock to that improvement to her great detriment, is in striking contrast with the selfish and contracted policy of our legislature, in refusing our application, because the construction of this road might conduce to the advantage of a sister state. 1830.) into unnatural channels, are a blight upon the commerce and prosperity of the state at large. Resolved, That being situated, as we are, on the confines of the State, and without the reach of her improvements, there is nothing left for our relief, but to open a rail road communication with the city of Baltimore; and that it is the duty, as well as the interest of these southern counties, forthwith to proceed to the construction of said road, in such manner as shall be most advisable. Resolved, That a committee of five persons, of proper qualifications, be appointed to report to an adjourned meeting, the most practicable mode of proceeding, to effect the object without a charter. Resolved, That the thanks of this meeting be respectfully presented to those members of the Senate and House of Representatives, who gave their support to the application of the petitioners for said charter. WM. M'ILVAIN, Chairman. JOHN EVANS, Secretary. POSTAGE OF THE LEGISLATURE. The Postage of members of the Legislature during the session of 1829-30, so far as returned amounts to $6,891 92. SENATE. Messrs. Anthony Bertolet Blythe Brown Burden 33 38 23 16 Ferguson 10 70 55 83 119 62 80 38 43 00 69 69 53 24 30 53 38 04 98 37 27 51 33 46 53 32 24 35 43 11 28 89 HOUSE OF REPRESENTATIVES. Messrs. 20 84 22 13 Frick 50 51 Fuller 75 06 20 16 34 24 40 77 46 93 8 32 38 95 62 01 54 07 32 42 24 72 16 37 114 59 44 09 19 05 77 12 16 68 71 83 33 88 41 88 Messrs. Morris 17 51 55 36 Piper Powel Ray Reiff POSTAGE OF LEGISLATURE. Total Galbraith Geiger Hamacher Hassinger Heston James Kneppley Laporte Labach Long Martin Messrs. 89 53 Moore, of Beaver Overfield Park Parkhurst Patterson, Alleg. Pettigrew Pugh 12 87 60 26 58 22 106 36 16 46 Purviance Rahn Ramsey 16 21 53 69 62 73 16 34 30 27 32 47 38 50 48 76 40 25 58 97 90 58 Messrs. Rehrer Riter Robinson Rhule Rutherford Sellers Slemmer Sloan Smick Stanley Statler Stauffer Taylor Thomas Tomlinson Wagener Waugh, Mercer, 54 35 Workman 32 85 Smith, Speaker, 59 54 43 10 124 00 71 51 247 28 69 71 52 35 63 15 06 2 15 24 87 27 53 58 22 Ringland Scott Seltzer Sturgeon Wilber Wise To the Honorable the Senate and House of Representatives in Congress assembled:" Hawkins Clerk by the present duty on iron, our raw material. 1st. The duty on hardware in general is 25 per cent. ad valorem; and on that kind of iron which hardware is made out of, the duty at this time is from 140 to upwards of 250 per cent.; viz: common English bar iron is now selling in British ports in Wales at £6 per ton, (for all sizes above 9-16 up to 2 inch,) or $26 66; the duty on those sizes is $37 per ton, being, as before stated, as 22 63 near 140 per cent. as the case may be, exclusive of frac6 08 tions. Half inch iron, either round or square, is now 88 06 selling at £7 per ton, or $31 11; the duty on this size, 9 68 and all under, is 78 40 per ton, or 3 cents per pound, 20 56 making the enormous duty of upwards of 250 per cent. 84 or 221 per cent. more than the duty on hardware; thus 17 70 throwing our ports open to foreign manufacturers at an 9 76 advantage over the home manufacturers of 111 per cent. 19 46 on those sizes of iron over half inch in diameter, and of 9 51 221 per cent. on the half inch in diameter. From the 73 73 foregoing facts, your honorable bodies will be able to 73 22 judge how we are situated in regard of partaking in the 9 46 manufacture of hardware out of common English iron, 14 58 the material almost exclusively used for that purpose. 19 49 Selling price of this iron, at the iron stores in this city 16 21-all over 5-8 inches sell at $90 to 100 per ton, or $5 50 13 56 per 112 pounds; while the English manufacturer gets 53 47 his at 26 66 per ton, including 5-8 inch: here 5-8 inch 3 40 sells at 120 dollars per ton: taking the average, he gets 93 72 it at 73 34 per ton less than we get it for. Half inch 52 14 he gets at £7; or $31 11, whilst your petitioners have 9 11 20 77 52 55 19 71 39 59 18 25 40 20 84 70 15 26 43 84 38 19 165 98 73 31 48 36 106 06 12 38 Clerk Harrisburg Statesman. to give 7 dollars per 112 pounds, or 135 per ton, or 104 39 more than the English manufacturer! The same difference exists on all sizes less than half inch, only not quite to the same degree. 2d. Your petitioners are well convinced that the present tariff of duties on the above sizes of iron is decidedly injurious to the country, and for the following reasons: The law was said to be for the protection of iron drawers, but the result has shown what we said it was then doing, before the last additional duty, vizcausing iron to be imported in the state of hardware, and, by being thus imported, prostrated the hopes of those who expected to reap some benefit by it. On the contrary, it has lessened the demand for iron in the bar, both of domestic and foreign manufactures to the great detriment of your petitioners, without benefitting the consumer. As we stated in our petition to Congress in 1828, printed by order of the senate, we did not ask any 4th. The iron manufactured by hammering, sold, the additional burden to be laid on the consumer, and we last year, from £13 10s. to £14, or fron 60 to 62 20 again humbly pray to be put, in our own market, on the dollar per ton, which is nearly the same price as it costs same footing with the foreign manufacturer, by a mod- here to manufacture, agreeable to the statement of one ification of the duty on iron of all sorts and sizes, by as of the witnesses examined before the Committee of the similating it to that of hardware, viz. 25 per cent. ad House of Representatives in 1828, altho' your petitionvalorem. We submit to the consideration of your hon-ers believe that it does not cost near that sum, provided orable bodies the article of bedstead screws-they are the workmen were paid in money; for it is a well now sold in England, made out of half inch round iron, known fact, that great fortunes were made in the iron at 6s. (heretofore from 6s. 6d. to 6s. 9d. but the price business before the year 1816, and your petitioners be of them, with that of iron, has fallen,) per gross, or $1 lieve that the duty previous to that time was but from The duty is 25 per cent. ad valorem, or six to seven dollars per ton. That two thirds of the Exchange, say per cent. quantity manufactured finds a western market and is Other expenses, say altogether out of the reach of competition from the im ported article. That, notwithstanding the low price of rolled iron in Great Britain, there is still iron made there by hammering, and sells as above stated, from $60 to 62 20 per ton, the same price as either Russia or Swedish iron. Were that kind of iron imported free from duty, it would not affect the manufacturing of it here in any material degree. Imported hammered iron is generally rolled into rods and hoops for cut nails-the supply from the domestic manufacturer is only 30,000 tons, while that imported is 60,000. Your petitioners further state, that, under the present law, the encouragement of the manufacturing of iron cannot be promoted, be cause it is imported in the shape of hardware; and further, that the additional duty operates against us as a double lever, from the duty on hardware being ad va lorem, and rising or falling with the price of iron, while that on iron is specific, and stationary. Iron having fall en in price in Great Britain about 20 per cent. and the 8 41 duty in this country having been raised nearly 20 per cent. operates almost 40 per cent. against us. Your petitioners, from the best information they have been able to obtain, find that the few rolling mills in this country have not found it to their interest, even under their present rate of duties, to pay any attention to small sized iron, either small hoop or iron under 5-8 inch in diameter, either round or square; neither to sheet iron; but mostly their attention has been to rolled hoop, for the purpose of nail-cutting, and large sized iron, It is doubtful whether 500 tons of those qualities or sizes of iron that come under the 33 cents per pound duty, have been manufactured in this country per annum, which is no compensation for the loss sustained by your petitioners in those articles imported in the shape of hardware. 2 20 5 00 2 10 The duty, 3 cents per lb. alone, on the raw material, is $1 57, or 25 cents more than the first cost of the ready made article. But if we should go to a store, and buy 45lbs. of iron, at 7 cents per,lb.,then the iron alone will cost us $3 15,or1 05 more than the article ready imported. Again, it is not generally known, that wheeltire, provided the holes are punched in it, can be imported as followsOne ton of bar iron, say any size suitable for tire, £6, or $26 66 For an addition of 10s. per ton the holes can be punched (provided it is so ordered, and done from the same heat that it comes from under the rollers,) 33 39 13 25 Exchange, 10 per cent. ject to a duty, as above stated, of from 135 to nearly 200 per cent. Boiler plates are now imported, of size and punch for steam engine boilers, at a duty of 25 per cent ad valorem-the cost of plates in Wales may be about £8 10s. to £9 per ton. (as it is always lower than single rolled iron, that is now at £9,) or say 38 90 dollars, the average; the duty is 78 40, or more than 200 per cent. This sufficiently shows, that iron will find its way into the country in a manufactured state, and thereby we shall lose that part of employment which in justice belongs to us. The same reasons are applicable to hoop iron, the price of which is, agreeable to size, from 7 to £10 per ton, or from $31 41 to 44 44, subject to a duty of 78 40, or from 175 to 250 per cent. Hoop iron is extensively used in the manufacture of hardware, but all articles that come under such duties are entirely out of the question for us to manufacture. 44 17 Or 45 to 55 dollars less than if the raw material is bought by us at the iron stores. Here, then, are two articles, one already exclusively imported, the other that may and certainly will be imported, either in part or already manufactured, when it is known that such is the case. Your petitioners believe that there is no remedy other than that already stated-the assimilation of the duty on iron to that of hardware. Here we are obliged to observe, that we think, nevertheless, the duty on a raw material ought never to be as high as on a man ufactured article. 3d. The same reasons are applicable to sheet and hoop iron. The present price of sheet iron in England Your petitioners respectfully submit to your honor is nine, cleven, and thirteen pounds per ton, for single, able bodies, giving their honest opinions as practical double, and triple, or 40 dollars single, 40 88 double, men, the propriety of so modifying the present duty on and 57 76 triple, subject to a duty of 78 40 per ton; all kinds of bar iron manufactured by rolling, that, in the duty alone is from 135 to nearly 200 per cent. The lieu of the present specific duty, an ad valorem duty of selling price in this city is from 150 to 170 dollars per 50 per cent. should be substituted, on all sizes; as small ton, or about three times the price it sells for in Great sizes cost more, the duty would still be in proportion to Britain. Your petitioners are aware that large quanti- the first cost; under this head including rods of every size ties of sheet iron have been imported, for the purpose and description. The same duty of 50 per cent. on all of making stove pipe, and, by being cut and punched, sheet, hoop, and boiler plate iron, to take effect on the 1st was imported at a duty of 25 per cent.; but had it not of June next, and to continue till the first of January, been for that additional labour, it would have been sub-1831; then the duty on all descriptions of iron manufac 1830.] tured by rolling to be the same as the duty on hardware. The duty on all descriptions of iron manufactured by hammering to be 20 per cent. including English refined manufactured by rolling, from the date aforesaid to the first of January, 1831; and after that period, 10 per cent: and on all kinds of iron in blooms, slabs, and loops in a less manufactured state than bar iron, to be imported duty free. These last articles would more than compensate the few rolling mills for the loss of what little they do in small sizes of iron, without interfering with iron manufactured by hammering. On steel, 50 cents the 112 lbs. (foreign steel commands from 16 to 20 per lb. while American is only six cents.) There is a kind of chain made out of common English iron, and imported into this country for about the price of iron, the duty being differently charged. In Philadelphia it is charged at three cents per pound, but in New York it is admitted as hardware, at an ad valorem duty of 25 per cent. It would be desirable that the terms of the act should specifically refer to all chain cables or parts thereof, and that all chains above S-8 inch in diameter should be considered as chain cable, and pay duty accordingly: the duty would then be equal in all parts of the Union, and only about one-sixth of what it now is on half-inch round iron, the kind that the chains alluded to are made of. RECORDS OF PENNSYLVANIA. Your petitioners further state, that the duty on coal ought to be so modified as to be three cents per bushel, instead of six, the present duty, being a raw material, and the price of English coal being generally from 25 to 35 cents per bushel. The duty on wire to be the same as that on hardware. 249 that it creates no employment for workmen in the draw. ing of iron, and not only hinders lads from learning the smithing business, but deprives those of employment who have already learned it; that the number of smiths, in all the branches of that extensive business, is as one iron drawer to fifty smiths, in a country like England, where needles, and cutlery, and watch springs, are extensively manufactured. In this country, taking the av erage rate, we should suppose that two men would use twenty pounds of iron per day, or 120 pounds per week; and two men at one fire draw two tons of iron per week by hammering, or five tons if by poodling and rolling; taking the average rate, 3 tons per week, two men in making iron will keep sixty-five of us at work, or thirty-four to one, omitting fractions. It may be said that the iron drawer must have coal, &c. and so must we; but in both cases this work is done by labouring men, and not by mechanics. The policy of keeping as many of us at work as possible, in case of war, has been illustrated for nearly 3000 years, by ancient nations.-"Now there was no smith found throughout all Israel; for the Philistines said, lest the Hebrews make them swords or spears; so it came to pass in the day of battle that there was neither swords nor spears found in the hands of the people that were with Saul and Jonathan, except that of Saul and Jonathan.”—1 Sam. xiii. 19. 22. "Then was there war in the gates-was there a shield or a spear seen among 40,000 in Israel?"-Judges, v. 8. Dreadful situation indeed to be found in, when the ene. my was at the gate. The most striking difference be tween the above policy and ours, is, that the former was brought on by the wiley Philistines, their enemy; but on us, by those who are authorized to guard and protect our rights in case of such an event. Should this law be long in existence, who can tell how many of our Jonathans would be without swords, or spears, or guns, and the enemy at our gates, viz―the mouths of our rivers, the gates to our seaports. We further remark, that, were the duty raised on hardware, the nat ural consequence would be to substitute wood and hemp for iron, and still defeat the intentions of the law, besides operating as a bounty to smuggling. Your petitoners submit their just cause to your consideration, hoping that you will see the necessity for putting them on the same footing in their own market with the foreign manufacturer, which is all they ask— and, as in duty bound, will ever pray. Since the above petition was in type, we have been correctly informed, that wheel tire has actually been ordered, and will be imported in the Spring! Where we allude to articles that can be imported cheapthan iron now sells for, we do not mean that those are the only ones: we have chosen a light & a heavy ar, ticle merely to illustrate the subject, with the understanding that all intermediate ones can be imported in the same way. Philadelphia, February 25th 1830. Your petitioners further state, that they are now subjected to heavy taxes on their wearing apparel, and the manufacturers of cotton have their raw material as low as their competitors. That among all nations at tention has been paid to lay the impost duty on manufactured articles higher than on the raw material. Was it necessary to plead usefulness, your petitioners are of opinion that their services can be less dispensed with than that of any other mechanists-that no favor ought to be shown to one part of the community at the expense of another, as it naturally creates jealousies and heart-burnings. That if cotton and woolen manufactur. ers are protected by duties of from 50 to 225 per cent. there is no reason why your petitioners should be op. pressed by such enormous duties on their raw materials. Is not this creating a difference, and treating us as tho' we were not members of the same family? If the manufacturers of iron cannot make it cheap, it is no reason why we should be deprived of re-manufacturing it, as we are willing to do so on the same terms as the foreign-er er: only let us have our raw material at a duty not exceeding that paid on hardware; for we conceive that it can be no difference to the manufacturers of iron in this country, whether a ton of iron is imported in the bar, sheet, or rod, and made by us into hardware, or a ton imported in the shape of hardware. In either case, it is a ton of iron introduced into the country, with this difference, that if imported in the raw state, we re-manufacture it, but, if imported in the shape of hardware, we lose our share in the manufacturing of the article, which we consider unjust, as it gives an advantage to the foreigner over us, in our own market, of from 111 to 221 per cent. on his raw material, and that this is the case, can be clearly seen by what we have above stated. Now, should any nation lay a duty of from 140 to 200 per ct. on our cotton in the bale, and only 25 per cent, if in a manufactured state, do we not readily perceive that our cotton would still find its way into those markets? This is precisely the case with iron-it finds its way into our market in a manufactured state. In recapitulating our grievances, we beg leave to repeat, that the present duty on iron is operating diametrically in opposition to the intention of its promoters; that it lessens the demand for iron in the raw state, being superseded by introducing it in the state of hardware; Yor, V 32 RECORDS OF PENNSYLVANIA. Abstract of the state records at Harrisburg, made by Thomas Sergeant Esq. when Secretary of the Commonwealth, and by him presented to the Historical Com, mittee of the American Philosophical Society, Nov. 3, 1819.-1748 to 1758. (Continued from p. 212.) July 25. Several projects were suggested in the present state of affairs. One was to raise a sum of money by subscription; this was, however, dropt, on account of the difficulties and objections attending. Another was to make an offer of lands. Letter from Governor Morris to Gover Shirley:"The defeat of our troops appears to me to be owing to the want of care and caution in the leaders, who have been too secure, and held in great contempt the |
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