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Editorial
October 12, 1852
Meigs County Telegraph
Pomeroy, Meigs County, Ohio
What is this article about?
Editorial criticizes the Tariff of 1846 for causing forced sales of iron furnaces in Clarion County, PA, at massive losses, warning of broader economic desolation if the policy persists.
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Results of the Tariff of 1846.
We copy the following from the Clarion (Penn.) Democratic Register of the 11th instant:
"Clarion County Sold Off."—The above is the title of a paragraph, which is going the rounds of the press. It is almost true. A great portion of our county has recently been disposed of by the Sheriff. The following properties, among others, were sold, with the prices annexed:
Hemlock Furnace, $2,300
Licking Furnace, with usual appurtenances, and two Farms, 1,805
Washington Furnace and property attached, 605
Clinton Furnace, 50
These are but few—and behold the awful sacrifice! Compare the immense cost of these establishments with the prices for which they were sold. Washington Furnace was sold for the paltry sum of $650—cost $30,000. Clinton Furnace, which brought the neat sum of $50, actually cost $10,000.
This is one of the results of the Tariff of 1846. Let Locofoco presses continue their arguments in favor of this suicidal policy, and our fair country will soon present a wide-spread picture of desolation and ruin.
Comment is unnecessary.
We copy the following from the Clarion (Penn.) Democratic Register of the 11th instant:
"Clarion County Sold Off."—The above is the title of a paragraph, which is going the rounds of the press. It is almost true. A great portion of our county has recently been disposed of by the Sheriff. The following properties, among others, were sold, with the prices annexed:
Hemlock Furnace, $2,300
Licking Furnace, with usual appurtenances, and two Farms, 1,805
Washington Furnace and property attached, 605
Clinton Furnace, 50
These are but few—and behold the awful sacrifice! Compare the immense cost of these establishments with the prices for which they were sold. Washington Furnace was sold for the paltry sum of $650—cost $30,000. Clinton Furnace, which brought the neat sum of $50, actually cost $10,000.
This is one of the results of the Tariff of 1846. Let Locofoco presses continue their arguments in favor of this suicidal policy, and our fair country will soon present a wide-spread picture of desolation and ruin.
Comment is unnecessary.
What sub-type of article is it?
Economic Policy
Taxation
What keywords are associated?
Tariff 1846
Economic Ruin
Clarion County
Furnace Sales
Locofoco Policy
What entities or persons were involved?
Tariff Of 1846
Locofoco Presses
Clarion County
Sheriff
Editorial Details
Primary Topic
Critique Of The Tariff Of 1846's Impact On Local Industry
Stance / Tone
Strongly Critical Of The Tariff As Suicidal Policy Leading To Ruin
Key Figures
Tariff Of 1846
Locofoco Presses
Clarion County
Sheriff
Key Arguments
Great Portion Of Clarion County Properties Sold By Sheriff At Huge Losses
Hemlock Furnace Sold For $2,300
Licking Furnace And Farms For $1,805
Washington Furnace For $605 (Cost $30,000)
Clinton Furnace For $50 (Cost $10,000)
These Sales Result From The Tariff Of 1846
Continued Support For Tariff Will Lead To Widespread Desolation And Ruin