Democratic Sentinel, Volume 18, Number 44, Rensselaer, Jasper County, 16 November 1894 — REVIVAL OF BUSINESS [ARTICLE]

REVIVAL OF BUSINESS

CALAMITY CROAKERS NOW OUT OF A JOB. Prosperity Follows Close Upon the Heels of the New Tariff—Censn. Figures that Talk In Thunderous Tones WheatGrowers Are Benettted. Facts that Are Facts. Calamity croakers will have to take a back seat. Prosperity is following closer upon the heels of the new tariff bill than the greatest optimist dared to hope. Business of all kinds is starting up and prospects for the future are unusually bright As an answer to those who insist that the new tariff law is destructive to business, the Syracuse. N. Y., Courier publishes the following list of concerns that have resumed, are making additions, etc. These facts relate to tims prior to Sept. 15: The Providence worsted mills are now running full time and full capacity. The woolen mill at Manleo. R. L, is to be reopened after a shut down of several years. The Gregory woolen mill of Wickford, K. L.'ls once more running full time. The Stonewall Cotton Mill Company. Stonewall, Mass., is putting in new machinery. The Ruddy Thread Company, Worcester, Mast, will erect a 100x00 foot dye house, two storle3, with boiler house attached. Bliss, Taft & Co., of Norwich, Conn, woolen waste manufacturers, have ar-

ranged to locate a branch office at Niagara Falls. The new Billing cotton mills. King’s Mountain, N. G, will bo. in operation in about two or three weeks. The Baltic Mills Company, Enfield, N. Q, has enlarged Its plant. J ho East Pond Manufacturing Company. Newport, Me., Is to add ten more looms to the woolen mills, which will glvo an output of one-third more capacity than now. The Nemadji woolen mills, a new corporation at Superior, Wls., Is capitalized j at 520,000. .The machinery of the Elvorside Woolen I Company at Lobanon, N. Y., Is being Increased. At a recent mooting of the stockholders of tho Modena cotton mills. Gastonia, N. G, it was decided to put on TO more looms and 3,000 spindles. Hurst & Rogors. manufacturers of tapestry carpets at Philadelphia, contemplate putting In additional looms The erection of a cotton mill Is contemplated at Tifton, Ga. Tho Hartwell woolen mill. Old Town, Me., will be improved and new machinery added. An addition of 20x12 and another story aro being built. The Lowell. Mass., machine shop has orders on hand for 300 ring spinning frames from the Tremont and Suffolk, and one for like machinery for tho Duffle mills of Fall Elver. Enlargements are being made to Rhodes Brothers’ factory at Ashton Mill, Pa. The Edgemount Company of Omaha, Neh., Is building a woolen mill at Edgemount, Nob. and will begin production in three months. The Linden Manufacturing Company, Davidson, N. C., Is making plans for enlarging ltwmilis bv the addition of more looms and other machinery. A company has, been organized at Sauk Center, Minn., to manufacture woolen goods. The Nonotuck Silk Company Intends building an addition to Its mill at Hartford, Coon. The woolen mill at East Lyon, E. 1., which has been idle for several years, has orders ahead for a year, and will start up. Tho Plnovllle cotton mills, Plnevllle, N. G, have been sold to Siephen A. Jencks. of Pawtucket, It I. The mills will bo doubled in size. Tho Globe Mill. Clark & Co., proprietors, Augusta, Ga, manufacturers of yarns, have lately put in four looms, and will manufacture drills, sheeting, etc. They expect to commence operation In three weeks. A new mill, tho Tuckapahaw. Is being built near Wellford, S. C. It will be five stories high, 300 feet long and 100 feet wide, with a capacity of 30.000 spindles. Nearly all the stock (51.000.000) In the new Melrose cotton mill at Raleigh, N. G. has been taken, and the work on tho factory will probably be commenced tills fail. The new addition now being built to Odell Manufacturing Company’s mill at Concord. N. G, Is to bo a cloth and slasher building, two stories high, 65x30 feet. Fifty-four Wbittln looms will bo put In and 1,800 more spindles for manufacturin'' white cloth. Hertzer fc Donjes are building a new hosiery at Meterstonn. Pa. J. W. Wagley Is about to start a small knit goods factory at Hannibal. Mo, A new company has Incorporated at Barnesville. Ga. to manufacture knit underwear. They commenced manufacturing Sept L New hosiery mills are reported as about to be built at Reading and Wonielsdorf Pa Tho Nazareth Manufacturing Company of Nazareth, Pa, has let the contract for additional buildings. The Globe Knitting Mills. Norristown. Pa, have completed a Ibree-story building. About 525,000 are being expended by the Kllburn Knitting Macblno Company in enlarging Its plant at Martlnsburg. XV. Va , and erecting a dyeing plant. , The Forsyth Dyeing Company, of New Haven, Conn., Is adding knitting machinery fur the manufacture of hosiery, Kelley & Elspr Is the name of a new concern running a knitting mill at Wakefield street, Germantown. Pa. ho Roxford Knitting Company, manufacturers of men and women’s underwear. has been incorporated at Philadelphia. with a capital stock of 550,000. A movement for the establishment of a knitting mill at Madison, Ga.. has been Inaugurated. The Patent Knitting Mill Is a now concern just started at Towanda. Pa. J. Taylor, of No. 835 Arch street, Philadelphia. reports the sale of knitting machinery to James A. Parr, of Amsterdam, N. Y.; A. Boyle & Bro.; John Melr, of Valdese. N. G; Joseph W. Durbin; the Patent Knitting Mill of Towanda, Pa. ; the Forsythe Dyeing Company, of New Haven, Conn.; Kelly & Elser. of Germantown, Pa.; and Pfeiffer’s Mill, of Riverside. N. J. The Star Knitting Company and H. Strauss Knitting Works. Chicago, have put In a full line of Nye & Tredick automatic knitting machines for ladles and men’s ribbed underwear. James A. P trr Is starting a new mill at Amsterdam, N. Y., for the manufacture of hosiery. Farmers' Gains. The additions to the free list in the new tariff will save the people of this country many millions of dollars. It will save them directly more than 111,-

OCO.OfO, the amount of tax paid in 1803 on the principal articles now added to the list It will save them the much larger sum that the protected manufacturers and producers were enabled by the tariff to charge for the domestic articles. The duty on some of the articles now placed on the free lLt was prohibitory. For example, the duty on petroleum shut out all fore ; gn competition. The tax on binding-twine wu so large that it gave to the Cordage Tru-t the monopoly of the business and enabled it to fix its own price. It is evident, therefore, that the tax must have coat the farmers more than the $249.T9 which was the whole amount collected by the government on binding-twino in Is!*:?. The duty on hoop and bana iron manufactured wholly o • partially into ties was also nearly prohibitory. In 18911 the Government received only $12,211 from this tax, and this was paid by the farmers who grow cotton, it was not all that these farmers paid, however, for the tax of 40 per cent, permitted tho ironmasters or Pennsylvania to increase their prices to the point at which importation was too expensive to be profitable. Under the new law the cotton-planters will bo relieved of tho tax on tho iron ties for tholr ba'os. The wheat-growers will be benefited still more. Besides binding-twine, burlaps and bags for grain are made free. Tne tax paid on these articles amounted in to the very large sum of $2,02),331. The farmer did not pay all of this, but he paid a good deal of It. and he will find that tho removal of the tax will make his crops of grain more valuable to him. Another article which Is necessary to

the farmer is salt. In 1893 the tax col> looted on salt amounted to $102,000. For many years the fish-packers of Now England have had tliolr salt froe of duty, but the farmers have paid tho tax on the salt used by them for curing pork and feeding their cattle. Now both stand on an equal footing under the revenue law of the country.—Now York World.

Saying Nothin* Abont, McKlnleylsm. The most remarkable things abou the present Republican campaign are the things not discussed. Not only is the “hated" income tax treated with silent contempt, but noxt to nothing is said about what kind of a tariff we may expect when the Republicans again have full Bway. Even McKinloy is not promising that his “bravest and best tariff measure ever pa-sed,” as the New \ ork Tribune fondly stylod it, will be re-enforced when the Republicans are again in power. The most that he will say is that the country must have "protection" and will not survive without it. Harrison and Reed are, if possible, more unsatisfactory than McKinley upon this point. They confine their efforts mainly to the “hard times” that are the result of Democratic rule, neglecting to state that these hard times began while Republican laws wore still enforced by Republican officials, and that prosperity hai begun to return swiftly as soon as tho McKinley law was abolisho I. Tlius far only one Republican orator could be inveigled into making any definite statements as rogards tho prospects for fut lire tariff legislation under Republican sup omacy. In Illinois Senator Cullom was asked by Franklin MacVeagh, the Democratic candidate for Unit d States Senator, if tho McKinley law would bo re-enactod il the Republicans rogainod power. The Senator ha arded the prediction that the McKinley law would no. be re-enacted in its entirety. He said that after it had been in force four years it needed revising, and that if the Republicans had continued in power they would undoubtedly have revised it in aecordunco with their policy in tho past. Tne Senator did not explain his Delphic answer by stating if he meant a revision upwards or one downwards. The “policy” of Republicins, as stated in their platforms. is to roform downwards: their practice has boon to reform upwards. This leaves us still in tho dark—just where all shiewd Republicans intend to leave us. They don t dare say McKinley bill to us again, and of course they can t promise to do just what tho Democrats are doing. But it doesn't matter much, anyway. Kepublicans will never again make any tariff laws for us. There may be a /ow Hepublic n victories this fall, .but they are possib e only because the people know tho Republicans will be powerless to do harm. After one or two years of sober reflection under a Democratic tariff lsw, tho roople will conclude that they have no mere use for a party that stands for monopoly and nothing but monopoly.

By All Me«ns Inquire. An organ of the wealthy tax dodgers is urging voters to ask each candidate for the office of Representative in Congress: "Are you for or against the income tax?” This is a very proper inquiry. We trust that it may be made general and pointed. The votes in both the Rouse and Senate showed that an income tax was stronger in Congress than any other section.'of the revenue bill, it had 1.15 majoiity in the H use and 1(1 in the Senate. It has been indor-ed by every Demo ratio convention in the* South and We t, ant has been denounced by very few. if any, Uepublican conventions in those great sections of the country. Tom Reed is prudently silent about it in Maine. Tho Indiana Democratic Convention wa-> very emphatic in its approval of this most just measure for apportioning a part of the cost of government with special reference to benefits received and ability to pay. Perhaps as significant testimony to the strength of the income tax with the masses as has been given is found in the speech of Franklin MacVeagh, Democratic candidate for Senator in Illinois, at the opening of the campaign in that State. By all means catechise tho candidates.—New York World. A gkain of fine sand would cover one hundred of the minute scales of the human skin, and yet each of these scales in turn covers from 300 to 500 por»«