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"Of the above owners, one thousand work in their own machines, and enter into the class of journeymen as well as that of masters in operating on the rate of wages. If they reduce the price of their goods in the market, they reduce their own wages first; and, of course, eventually the rate of wages throughout the trade. It is a very lamentable fact, that one-half, or more, of the one thousand one hundred persons specified in the list as owning one, two, and three machines, have been compelled to mortgage their machines for more than their worth in the market, and are in many cases totally insolvent. Their machines are principally narrow and making short pieces, while the absurd system of bleaching at so much a piece goods of all lengths and widths, and dressing at