i6z on trade anJ manufactures, Feb. t^t 



remarks upon the subject at present, without, however, 

 pretending to say whether such a plan be actually in agi- 

 tation or not ; for, on this subject, the writer hereof rea- 

 sons entirely hypothetically. 



It cannot be denied that this adventurous company, if 

 such there be, either must fail in their project, or they 

 must succeed in it. What will be the consequences to the 

 public in either case ? 



If they (liall buy up goods to a great amount, at advai>» 

 ced prices, and fail in procuring the monopoly that ap- 

 pears to be aimed at, the consequences are obvious, and 

 need not be insisted on here. 



It is of more importance to inquire what would be 

 the consequence if they (hould be able to succeed in this 

 enterprise. 



The first consequence would be, to derange the operation 

 of all those lefser manufacturers who fhall have been so un- 

 cautious as to sell their white goods, for the sake of the 

 tempting price offered, — to throw many of their hands 

 out of employment, and to render uselefs much of that 

 machinery they had erected at a great expence. Their best 

 hands will thus be dispersed, and will not be easily collected 

 together again, (hould they ever be wanted •, nor will they 

 return to such persons, who will be considered as unsteady 

 employers, without additional wages ; their machinery 

 will also go to wreck, so that if they (hall ever think of 

 beginning their businefs anew, they must do it at a great 

 additional expence to what they could have gone on with 

 if no such interruption had taken place. 



The second consequence is, that the price of printed goods 

 must rise considerably j and if the company (hall have 

 succeeded in securing a great quantity ©f wrought cloth, 

 and (hall at the same time speculate in cotton wool, (which 

 «e cannot suppose wiU be gverlooked.) it is hard to say 



