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Commercial
October 12, 1852
Meigs County Telegraph
Pomeroy, Meigs County, Ohio
What is this article about?
Hartford Times reports Col. Colt sailing to England on 25th inst. to employ 400 men for European work, instead of 300 locally, reducing Hartford payroll from $50,000 to $28,000 monthly or nothing; critiques free trade theory's consistency.
Clipping
OCR Quality
98%
Excellent
Full Text
FREE TRADE.—The Hartford (Conn.) Times says:
"Col. Colt will sail for England on the 25th inst., where he will arrange to employ 400 men for European work. Had he succeeded here, so as to enlarge his works, he would have employed 300 of them in Hartford, and only 50 or 100 there. It will make a difference to our city whether his pay-roll is $50,000 a month, or $28,000—and quite a difference if nothing at all."
—So it seems that it would be better to have these 300 men employed in Hartford than in Europe. We have no doubt of the fact. It is for The Times to reconcile this position with the Free Trade Theory which its South Carolina alliance imposes on it the necessity of upholding.
"Col. Colt will sail for England on the 25th inst., where he will arrange to employ 400 men for European work. Had he succeeded here, so as to enlarge his works, he would have employed 300 of them in Hartford, and only 50 or 100 there. It will make a difference to our city whether his pay-roll is $50,000 a month, or $28,000—and quite a difference if nothing at all."
—So it seems that it would be better to have these 300 men employed in Hartford than in Europe. We have no doubt of the fact. It is for The Times to reconcile this position with the Free Trade Theory which its South Carolina alliance imposes on it the necessity of upholding.
What sub-type of article is it?
Manufacturing
Labor
Economic
What keywords are associated?
Free Trade
Colt Employment
Hartford Manufacturing
European Work
Pay Roll Impact
What entities or persons were involved?
Col. Colt
Hartford Times
Where did it happen?
Hartford, Conn.
Commercial Details
Location
Hartford, Conn.
Event Date
25th Inst.
Key Figures
Col. Colt
Hartford Times
Notable Details
- employ 400 men for european work
- would have employed 300 in hartford and 50 or 100 there
- pay-roll $50,000 a month vs $28,000 or nothing