Pennsylvania Iron Memorial [pp. 1-22]

The Southern quarterly review. / Volume 6, Issue 11

1852.] Pennsylvania Iron Memorial. 5 takings, or that any other class of our fellow-citizens do not make money as fast as they desire, surely cannot be considered as a grievance from which they are to be relieved by the government. Is the iron master to be made an exception to this rule? Oh, no, answers Senator James, the cotton manufacturer must compose a part of this prerogative class. Just so, in Great Britain, does Blackwood contend for the corn growers. They, too, must have the monopoly of prices. "The policy of purchasing in the cheapest market (we are told by the memorialists,) sends all the world to Great Britain for iron." This they are anxious to prevent oil the part of the citizens of the United States, aiid perhaps for reason of the fact they state, that "there the cost of making iron is one itaif less Uzan it gre, and is in still gre ater disproportion with all other nat~ons." One would suppose, primafacie, that such a reason could scarcely satisfy "the wisdom of all interests and all parties," which \hey invoke to the consideration and preparation "of suen a system as will be permitted to stand." The grievance which the memorialists wish removed, appears to us nothing more nor less than the British market, "to which the people of the United States, and in fact all the world," must ever be rnnning for cheap iron. "The difficulty (say these disinterested memorialists) is that the manufacturers and merchants of that country are not governed [as all the rest of the world are] by the cost of production in selling their commodities, but by the cxtent and urgency of the demand. When there is a demand, the prlees are at the highest; when there is not, the world is invited to a cheap market." And this stuff is placed before "the wisdom of all interests and parties to be applied to the preparation of such a system as will be permitted to stand ~" Now, really, we have been foolish enough to suppose that if ther~ was any demand for a commodity, whoever could make that commodity at one half the cost of any one else, might afford to sell for one half the price of any body else; and, that if there is any grievance in a man's making that which nobody wants, at least at his price, it is a grievance of which he has no right to complain, or to have removed at the expense of others. But the memorialists intimate that as Great Britain is

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Pennsylvania Iron Memorial [pp. 1-22]
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The Southern quarterly review. / Volume 6, Issue 11

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"Pennsylvania Iron Memorial [pp. 1-22]." In the digital collection Making of America Journal Articles. https://name.umdl.umich.edu/acp1141.2-06.011. University of Michigan Library Digital Collections. Accessed June 25, 2025.
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