Democratic Sentinel, Volume 19, Number 38, Rensselaer, Jasper County, 27 September 1895 — GOOD TIMES. [ARTICLE]
GOOD TIMES.
The Cranberry iron mines in western No.th Carolina, which have been shut down for three years, are to be reopened by a large force of men. Preparations are on foot frr putting the whole plant of the Maryland steel company, at bparrow’s Point, Md., into operation, it is expect d that the works will be in full blast by January next.
The philosophy s who are pointing out to the reading public tne benefits of the hard tunes have something of the wisdom of the schoolboy who averred that he did not mini a whipping because it felt so good after it quit hurting.— Washington Star. The good people c nnot be deluded into denying th? good times, nor into preferring politics to prosperity. They ask only an era of peace in which to improve to the utmost the opportunity that has come to them. And they intend to have it. —Saginaw News. The miners’ strike at lshpeming and Negauuee, Mich., was declared off Thursday. It was a question whether jhe strike should be end*, ed by desertions from -the ranks of the union, or whether the union would yield to the drift of the tide and end the strike in a manner that would preserve its integrity There was a conference in New •Bedford, Mass., recently between the manufacturers and spinners.— The manufacturers are hopeful of an improvement that will justify them in making an advance in wa» ges in the near future. It is not yet known whether the operatives will strike or wait for an advance. Under the new taiiff reform law the South has, this year, invesied $15,000,000 in new cotton mil's, with 800,000 newspindles. This is a half dozen times as i. uch as we havs done in two years under McKinlevism, and yet there are those foolish enough to talk about a return to McKinley foolishness. —Dayton Times
Three hundred of the iron m»>kU ers in Boston and vicinity, employed in eight of the eleven founilrias, struck I'hursday for an increase of wages, abolition of the piece system and r.cogmtion of the union working card. Three of the elev. en foundries involved in the con-
troversy have settled on a satiss factory basis and th.ir employes remained at work. At one time in 1894, after the McKinley law Lad been repealed only in part, eotton dropped to 5 91| 16 cents. The Wilson law went into effect too late in 1894 to effeot the crop of that ye ir, but its good effects on the price of cotton are beina; felt now, just as they were in 1846. The price has risen to 8£ cents, and it is very likely that it will go higher. -Wabash Tinies. Good times are not coming; they are here—Chicago Dispatch. Down in Alabama the coal and iron workers have had there wages advanced 21 per cent, since June 1. l'hes are some of theme i whom the Wilson bill was expected to “ruin” —Los Angeles Herald. There are more than a million operatives who are not only receiving better wages than ever before ,but are assured of work ever working day in the year, who can be relied uopn by the farmers and other producers to stand with them in the grat coraeing battle between prosperity and MoKiuby ism.—Sioux City Tribune.
We should count with reason upon larger shipments of wheat very soon and cotton should go out in considerable volume next month and *ne extraordinary spectacle of gold exports in tt e fall should therfore soou ceast. The situation is a mixed one, bur it nas a verv strong element in it in the exceptionally large corn crop and the fact that the coantry is bare of manufactured good 3. With high er prices for wheat there would be no quest ; on at all about a high degiee of prosperity.—Philadelphia Inquirer. They are both in the same boat, the free coinage men and the McKinley ite protectionists. Prospers itv is disastrous to both po'.ieies.— Bhermau and McKinley may talk as they please in Ohio as to the issues in the next presidential election being between the McKinley trriff and tho Wilson law, but if the business and industries of the country continue to progress as they have done for some months past aad as there is e /ei v prospect they will do in the future the party that raises the tariff issue next year will go under.—Pittsburg Post.
We are producing more pig iron than we ever did before Still we aie not able to keep up consumption. Stocks on hand have been gradually decreasing for several months |as stated by Bradstreet's, “what promises most for continuance of the pieseat activity is the wide diversity of the demand for all forms of iron and steel. While the railroads and allied interests are probably the most important consumers of iron and steel, the
revival in the trade began with lit* tie or no help from three factors. Th? railroads have since given powerful stimulus to the iron trade,|and are likely to figure even more largely among the buyer j; but it is nevertheless true and a gratifying fact that the support of the iron and steel industries now comes from many and varied Bouroes.” The Engineering and Minin" Jonrnal says that "instead of showing the reaotion which has been si persistently predicted in certain quarters, the iron market everywhere is in a moat active condition.” Its advices are that any addition to production made by the starting up of new mills and fu nnces will be readily absotbed without causing any reaction in prioes. —St. Louis Rapublio.
