[ 92 3 
wool it has paid 35 per cent, upon the first cost.^ 
When manufactured, the clothier purchases it, sells 
it to the merchant—it must be packed to send 
and transported to London, or Liverpool, or Bris» 
tol ; it pays a duty of 2 per cent, on exportation to 
America, tho’ not elsewhere ; freight, insurance, 
must be charged and commission paid by our mer¬ 
chant to his London correspondent of 5 per cent. 
When it enters our port it pays 10 per cent, to the 
government.—-12 per cent, is the smallest profit 
our merchants charge ; all these articles taken to¬ 
gether, will add one hundred per cent, to the price 
of a pound of fine wool, manufactured into cloth, 
before it comes into the hands of one of our 
shopkeepers ; and yet, this is but a small propor¬ 
tion of the charge, for the commissions, duty, 
freight, &c. are not merely paid upon the original 
price of the wool, but upon every previous duty and 
charge, and upon every expense that attends the 
manufacturing of it. Thus a pound of fine wool, 
worked into superfine cloth, is worth, as it comes 
out of the loom, E 6. The commission thus is up¬ 
on the E 6, and not upon one the original price of 
the wool : If;thcn we pay 100 per cent, on the price 
of the wool, before it reaches us, we pay in mere 
charges, independent of the price of labor, upwards 
of 600 per cent, beyond the price of labor upon the 
value of the raw material: But the price of labor here 
does not double that of England ; of course then, 
it is not the price of labor, but the want of line 
wool that has hitherto prevented our manufacturing. 
