Portsmouth, NH: Portsmouth Journal, February, 1850. First Edition. Editorial composed in the wake of the repeal of the 1842 tariff and the substitution of the 1846 tariff, which the author argues has crippled the finer manufactories and precluded further development. Young additionally provides a comprehensive examination of the advantages of English mill owners over American due to easy and cheap availability of capital, including several figures for the Lowell and Lawrence mills. Not separately catalogued in OCLC, nor does the record for the serial make mention of the issuance of Extras. Oversized tabloid broadsheet circular (60x37.50cm.); text printed in triple columns. Some splitting to previous folds affecting a couple of words with brief loss of meaning, light dust-soil to upper and lower margins, else a Very Good, still quite fresh example.