Mr. WILSON, of Iowa. The better way for the gentleman to inform us would be to tell us how much they have made or how much they have lost perton on the iron manufactured by them. If they have been able heretofore barely to pay their way, they ought to be satisfied now. As I have already shown by the testimony of gentlemen interested in the Cambria Iron Works, we have relieved them of an internal duty of $8 40 per ton. And yet they ask us now to place an additional duty of 6 dollars in gold perton upon all iron imported, in order to give them the protection they say they need. Now, sir, that is a fact that we can all understand; we have already relieved them of that amount of duty perton. There is no answer to that; no gentleman has attempted to answer it. Let gentlemen come down to these details and tell us how much these manufacturers have made or lost perton, and then we can judge of this question. We have been asked to increase the duty on this article; and not only on this article, but upon every article embraced in this bill, because of the high price ofeverything. The Gentfrom Vermont, the chairman of the Committee of We s and Means, [Mr. MORRILI.] commence his speech the other day by deprecating the amount of currenc which we now have in circulation. And he desires a reduction of the currency in order that we may reduce the prices, and thereby afford protection to American manufactures. NOw, are you to reduce prices by increasing the amonntof protection given I0 manufacturers? if it is because of high prices that they are not now making as much as they desire to make, will you reduce those high rices by affording them a margin of increase 0 price on all their manufactures? Every one knows that so far as you increase the marginal profits to them by this protection, you hold out tot he workman the prospect of getting the manufacturer to accede to a demand for an increase of his wages. And where is it to stop? The truth of the whole matter is, that this legislation is simply legislation in favor of keeping up the high priccs that now prevail in this country‘ it will have and can have no other effect. And I say to the Gentfrom NewYork [Mr. GRISWOLI)] that I am not strikingat this interest merely. I desire to reduce all the duties ro vided for by this bill, and let them stand where they now stand under existing legisfion. I am free to say that I will not vote for this bill, for I believe it to be extrava nut in its demands and in its provisions. An I will remark here, as I remarked yesterday, that those who are asking for this legislation are making the greatest legislative mistake that has ever been made in connection with the interests of the manufacturers of this country. They will, by legislating so as to keep up the high prices which now prevail in this country, place such a burden upon the people as will bring about a reaction which will swing back the rates of duty far below where they are now. [Here the hammer fell.]