To The Editor Of The Time...
Sir,-A paragraplt in 77Te Tzin of to-day states that " the re. turn of iron ore smelted at the works of a worthy Alderman, i9 esti. mated at 5,000 tons weekly, and that he has thereby derived am addition of the inrnmense sum of ,0Ml. to his annual Income from. this ceKse." Every body knows that the wortby Alderman alluded to is Alderrnan Thompson; and any body who knows pay thing about the iron trade also knows thst the story is ahtosethera fabrica3 tioni; and if the worthy Alderman has not (before 3;oa eceive this) contradic,ed the statement, pray obligeme byinsering thi letter. The adlditional profit to the iron Btioet, in consequence of t:C rxi" in price from 71. to 121. per ton (and not from 8!. to 131., as stated In your paper) is full 41. per ton; so that, if the Alderman's mriespro- duce 6,000 tons weekly, the profits would be 20,000' a week, or 1,0400p01. per annum. The following account of the produce of the five largest Erms in England will explain :- 'Wm. Crawshay, Esq., of Cyfiathfar nMineg (supposed to be all hiq own) . . . 23,00 tos rn J. and C. Bailey, of Nanty-Glo KW. IX,0 I d. Guest, Lewis, and Co. of' Lowlair .. . lh,00 do. Thiompson and Co., Penydarvon . . 14,000 do. Hill and Co., Plymouth Forge . . . 12onnD A,, XI iln your one!uent servant, a- IT * ,. m-ysu ru . IUIp-,fl It is ISn, h.s ratberb b?r thanon. thr 'o he conceem of which he sta-ads at the head, but not a half.... Oct. 22, 182C 4. I TO THEt EDITOR_ OF THE TIMES.