The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-12-19

There has bsss great fsInE Oh !. ~ vhoesale traAs,
estimated = sixty Pu cen. me r.s.n .s.ds !: ssviyDs.
s TOR ss ss us % for snsnc vS sh.
business has rarely ben batter They say they have
so Is many costly dresses this season - ever Stew
Art eays women extravagant than In for
ner years He thinks the present strngsncy IN the
money marhet win great decline in ths amount
Of dissertations the next spring, and consequent I'm
crease in the consumption Of home man ufacsures
We have received reports Of q like tenor from thu
jewellers, piano nsAsrs billiard table makers, cabinet
makers, manufacturers Of hardware picture frames,
looking glasses clocks and artificial flower Makers and
boot and fhoemakers. All concur in stating that times
were never wore with them; many have discharged
large numbers Of people, and reduced the hours Of
labor Of the others.
soap and candle nahers are said to have been less
affected BY the Z" hard times than almost any other
business probably from the fact that the major part Of
the work in this trade is performed in the winter and
spring months
Organ builders are also exempt from the general
preston probably owing to the length Of time for which
II is web known that upon many Of the steamships
sailing from this port the wages Of nremen and coal
sa have been eSs 70
duce the rates OF compensation upon all Of them
The Erie Railroad Company has reduced the wages Of
aborers employed In loading freight and repairing the
track from u to eighty cents per day, wch Is the
rate Of wages paid TO the same class OF employees last
Of compensation than TO throw any OF the entirely
out Of employment II Is not likely that the men win
through the winter would be hazardous experiment.
THE DEPRESSION Observation-Disclosures TRADES.
From different parts Of the country the prevailing cry
Of hard times is echoed and echoed far and
In Detroit Michigan, several hundred in iron
have recently been thrown ont Of employment.
In Buffalo between 400 and 400 men in the iron bust
have been thrown out OF work. In Albany, provi
sions cheap and distress yet manifested
ITSELF The Saratoga and Sacketts Harbor Railroad,
after $50 has been expended upon It, and debts
the amount Of $3.50 600 been contracted has dis
continued, throwing out Of work some 5000 laborers
derness The snowis upon them, it feared that
many particularly women and children, win die Of cold
In New Jersey the same stagnasion il apparent The
large proportion Of the hands at Cooper's rolling
consequence Of the propretors turning their attention
another branch Of iron work. On Saturday last
exhaustion caused by hunger He had tasted food
for three days. At Newark the manufacturers
planning ane at Plainaei where hundreds Of thousands
but little doing We understand that the shoe trade 10
ALSO suffering II is well known that at least tenth
faoture Of ladies' Shoes and of thousands Of
dsArs are paid out in the course of the to binders
abundant than it was q few months since
Psnnsylvana suffers less than her sister States.
The Reading Gazette says:-
taken the iron tradeso during the last two
yearsi sorry 70 say having it's elect upon the
Leespor Iron Company and the Ecker have coun
fernandez orders for considerable quantity Of machi
capacty Of their works. and are making for
considerable reduction Of their business to meet the
hard times which stare them in the face We greatly
fear that shall shortly be compelled 10 notice the dis
charge Of many worAmen from our manufactures.
In Philadelphia great numbers Of workmen have been
disnsfed the Messrs Norris alone discharged six hum
dred from their locomotive works.
The Germantown Telegraph, speaking upon the same
Even in the iron business, in which the proprietors
Of Of the principal establishments threatened
with the crime Of becoming milhonaires in few days.
In TAN tvunA on1f has~
than they bear. Some OF the largest have either
failed suspended work. reduced the number Of their
to twenty-five per cent. The result Of this is that
thousands Of first rate artisans thrown Of en-
ploy%ent on the approach Of winter With families de-
workers in iron who snfcrn nearly all the manufac
turing branches trades not sparing the merchant who
lists. Even the printing busness-sedom scnsibfy az
fected BY the times-is in most depressed condi-
The Telegraph asks what are tho eau YES that pro
duce these hard timesf and replies t Is because we
great buyers abroad instead Of bang great buyers
1t home We send all money to Europe to pay for
goods that we should manufacture ourselves"
The Wilmington Republicans says" One HUNDRED
city, twenty by another. and few By others The dini
eAy q procuring funds to make payment is assigned
woylnen in Norristown, on Monday morning last 1,
Meskrs. Thomas Corson West reduced the wages of
those in their employ ~ per cent The swede Iron Com
hike amount At Woodstock, Vt. the Arm Of Daniel Taft
h Cons, manufacturers Of iron TOOLS &C.. have been
Their liabilities are stated at $40 600 but their assets
must be much larger. At White River Junction,
Lebanon, Messrs b. Latham Co., iron founders and
manufacturers Of hinery also Of cars and steam
engines have been compelled to close their establish
ment The RU:lspd and Washington Railroad compans
present They employed between sevsnty-hye and one
pect. The Boston Traveller has the following
During the sumwo11echanics and day laborers have
Guilty that contractors and master workmen could get
and keep sufficient aborers at any price But for some
weeks there has been general falling of in the demand
for men, for the simple reason that there has been
falling of OF orders for work. Some manufactures have
been compelled to discharge large numbers Of hands,
that where there have been hundreds employed during
the summer there now few but the forcmen
D which, SaVs no. s hand hands
understand also that in Worcester Of the large
chine arc rapidly sing the number
of their hands, and also the number Of hours during
which they employ those who remain.
FROM WESTERN VIRGINIA.
correspondent OF the Tribune az Parkcrsburg sends
bar to the further construction of the Nortw
Virginia Railroad important to the prosperity OF this
required BY their contracts Is being given to the con-
tractors the whole line tocease work This will de-
stroy the hopes Of our town for time and prove
exceedingly disastrous to the poor laborers who
thus suddenly deprived Of the means Of subsistence at
this most inc'ement season. God pity them The con-
IN bonds Of the
enormously high for this region. Less than eighteen
months ago -four sold ut So IS per barre now u
So co. and all other things in proportion II a. much
as people do to live at alb
[Argument Of the Tribune philosophers concerning the
causes for this general depression:-l
THE JERRMAID OF INDUSTRY.
We publish, to-day, collation. OF facts obtained cx
pressy for the Tribune from the classes Of rne
chanics and tradesmen Of this city regarding the me-
daty dreary and prospectvely desperate condition Of
ind try md
added extracts from various Journals in different uar-
tiers Of the Union, which, with hardly exception exhibit
kindred distresses These all have the and nvul
ncrablencss fathmetcal details They prove that the
chief Industries necessary the life Of the nation are
partially wholly collapsed armies OF toilers are
hurled from the factory the shop into the street.
awakipg in the morning to the prospect OF stealth Tor
subsistence or starving outright. This may be matter
Of indifference 10 the slave drivers who have shaped the
national legislation OF this country from the start but
to the workmen Of the North who yet on chain
gangs, II is question Of wild extremees-of life or