Daily Iowa State Democrat. [volume] (Davenport, Iowa) 1856-1859, 1857-10-09

where EUAAASSO -
IN. failure of the great manufacturing
ho,,se Of Lawrence. Stone 4 Co.. in Massa-
cbuset,. has come like the victorious a.
saul, Of All invading army upon the two ci
ties of Lawrence and Of Lowell. Those
towns have eentered the manufacturing in
terests Of Massachusetts, They have liter
ally lived by the .pindles The mills of,he
Mcrrimae, which have ground out gold for
the grea, capitalists by whom they were
built have ground out bread for thousands
OF laboring men and women To check the
revolution Of their busy engines. Is TO touch
the heart strings Of hundreds Of human
heiuga, and to paralyze whole communities.
The unseen and undescribed consequence Of
such failure. can only be lik.ned 10 the
work OF :. conilagratioc OF boInbardment
Nay. "A confagration OF bombarlment might
be less ,.isastrous For then there would
be th. work Of reconstruction 20 be com
mencoI rs soon A. the worst ot the calamity
was over BIZ, upon tho crash oi these
goat mills follows Il silence Of stagnation,
and stagnation in such a case means starva
tor Not metaphorical starvation Lot
-Ich star, alton a. Marie hntoinette dreamed
OF when she wondered why the wan. q
bread couli not ho made good with cake
bu, literal starry atiun,--s,ch starvation ~
the son Of Marie Antoine,te knew when he
died by inches ia III. clutch OF the villa .
Samson.
The distress col sequcnt upon the special
catastrophes of Massachusetts, erterprisa
viii be felt with peculiar bitterness in the
two cities We have Lamed For these cit 3
have subsls,ei upon one specific industry
They have pro-pered upon spinning, Just 3
,he people Of Ireland formerly fed then
selves upon the potato and like the peo-
Die OF ireland they must now reap the coz
.quence Of social economy SO mistaken
snd so dangerous. These Consequences
viii doubtless be but temporary in one ease
as they have been in the other nor should
we anticipate for Nek England population
anything like the postration which iu 1877
made ireland the Niobe Of nations But
they will be very hard to bear, and the hear
approaching Of winter makes the contein
plation OF theH more sombre.
Non will Massachusetts be alone In her
torrow The shock has been felt in Rhode
Island with tremendous force while from
Pennsylvania we hear Of the disch; &c ami
dispersion of whole villages of manuiaetur
ing operatives
Ia this City, also, quiet large number
Of publishing houses. foundries, and Other
manufacturing concerns have greatly eur
tailcd their business operations, and hun-
,lrrd- and thousands OF laborer. lose the en-
ployflent from which they have hitherto
derived tbcir inppolt
These iaets show precisely whore those
frequent failures, the report OF which ere,.
'es 90 mach public excitement. are r-4 y
frlt II ~ mo- the great merchant Or In..i..'
e,ur,r. whose difficulty cxcitce 50 ipae
v.lhlic ,ympat!ly that really feels the W. +.
ii the catastrophe which has overtaken
II Is doubtcss q grityou5 .hing To lose Ia.
ne standing social position, and the latlr
81 being u prosprrou, and wealthy man.
brl may things yet remain to such re
on- IN spite q the seyore>' aud most dis..
trou4 rcYsrscs They viii still have the
comforts oi home and very few among them.
v!i experience my serious deprivation OF
the inxuIcs 20 which they have been accu
toned Business failures seldom sadden the
.,urth-tone of the business man. But when
L.boliug men lose their employment they
lo~. evevlbiug. They lose what has given
tieIn rul ;heir fiinili. iood and clothing.
stopping e 'h.n. more than the sIa-
;...i.-,ou Of payment it is the supply Of
tops 4 40, simply question oi rera
ta'ion - Il standing, but 81 lie itself Few
4 those among thrn who hr,o families
p ". ben abb to save from their earnings
aliythin. for -,ich contingencies, and so gen
cral and Widespread. financial whirlwind
rs now sweeps over the country Is for them
u bias'le simoom bearing death upon is
wing
The prospects "f the winter for the labor
ing classes are indeed gloomy enough For
,unntely the price of provisions is quite Ger
tain to fall aud 1t will not cost as much to
live as il has done for two or three years
past But whore ore has no money at all
ii matters little what the price of the neces
@arics pf lie may be they are as really
beyond his reach when low as when they
are h.h Aud Of the hundreds or thou
and- whom he distress of the times will
throw out of employment, the great MAORI
" have nothing whatever to fall back upon,
and must inevitably suffer beyond estimate
during the coming Winter
II j. not easy to suggest any remedy for
such !. state OF things. nor is it easy to say
that any can be found But whenever a
large manufacturing establishment can 90
on By f,d,,cina rages, it should be done II
IL TAT btttti tiial u tiiousstH'l ueH sHouli
continue a, work at even half pay. than that
half Of them should he sent adrift aud de
priye1 al all resources A general reduc-
tion ii Tie psice of wages would be- prefera-
bic 90 the dismissal Of large portion of thc
lahorins classes from employment Thi-
,ua't,f deserves tho attention of the vari-
ou- lsai..s uioit+ winch. ..xjs, in the couu-
and which In, "a good deal oiiuiiuence
"e. IA, rat, 81 wages by a timely and
y"'uai.sry reduction Of the general scale,
,ncy may BE- able to save the great mass OF
those they represent iron absolute priva-