Democratic Sentinel, Volume 16, Number 51, Rensselaer, Jasper County, 6 January 1893 — Iron Business Booming. [ARTICLE]

Iron Business Booming.

Wo commend to the “prophets cjf ruin" the interesting collection off exact information about tho Iron industry of Pennsylvania and Ohio which we publish elsewhere in a letter from Pittsburg. It, is a gloomy .talc if they approach it from the point of view of their predictions, but an exceeding cheering ono if they approach it from the opposite direction. It shows no “ruin" anywhere, but increased activity in mills already in operation, purchases of new property with a view to enlarged facilities and the employment of more labor by many establishments, the reopening of .-mills which have for u long time been idle, and the building of entirely new plants employing many thousand'of pew hands. All this information is specific and exact, and is set forth with a fullness of names and localities, amounts of capital and numbersof laborers which makes it very different reading from the “ruin” intelligence which is put forfih from time to time In the Republican press. The latter, like tho erstwhile news about the American tin works, is always very general, and the persons who are responsible for it are never able to get down to particulars.— N. Y. Evening Post.