New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-11-08

the others working with diminished force or on
short time. In two cases. for the benent OF the
workmen the very practical plan had been adopteu o
working only half the usual number. but allowing tue ID
TO alternate. oneha working one week the other na'
the next II is probable that fully onehalf the Working
people dependent upon brush-naking for a living VIII
be compelled 70 lie idle during tho winter.
There are two oilcoth factories In this town, whion
employ $50 men Their monthly pay-rols amount 10
$500 and they do business OF perhaps NOooo yearH.
Powers & Co. established In 1Si7, have discontinued
work but once during the WHILE and do not anticipate
any contingency that shall compel them to shut nown
this Winter They have another factory at Newburgh
and a warehouse In New-York City, T. C. Haskell has
run his factory without nermlsson since 1861 and VIII
not at All events lessen production before December In
both establishments sales have been somewhat less
during October than usual while heavier In the summer
months. the largo crackery bakery oil
Fox & Co.. have numbered the productive industries
OF ansingburgh so long as their consumers arc IN he
body there viii be sale for crackers and thus Tar the
ovens rcvolvo as frequently as ever.
several days OF dill gent inquiry among the most ex
tensiye OF this vicinity elected facts not
altogether encouraging. Taking into the account
merely the few larger industries with which Ihaye be-
come conversational not attempting to ennmcrate inc
hundreds dependent upon the smaller trades or inc
ptiable wretches who without trades drt about dong
ton in Troy and immediate surroundings for the
time being. 5000 men and women out OF employment
ming TO be asked, What will these people do
And unoss by assuming the early reViYai
Of business It is difficult question to an
sWer Without there shall be marked Improve,
mont very few OF the manufactures now closed WI
omen again this season, while others arc dlscharSlns
helm every day. There is nevertheless anothef sue "
NJ MANY of the wOrkmen enyiabo wages ana nave
very considerable sums safely invested others nave
moi drawn their pay IN full from their employers ~
some cases the empOye will have free rents WINE our
of work The Harmony Minis, for instance own f 70
uumber OF houses for which they charge no rem uon
the ,day the mills stop 10 the day they start h6a.n
Then too a large proportion OF the men arc uiesn
bers OF some one another OF the unions
the reserve funds OF which IN some cases are
very large These could be appropriated IN ~,
emsroeney In many instances toe employers VIII lend
thb worknen money. Thore Is good feeling among tne
manufacturers relation TO the future: LIP eApeo'
no trade tnis Fail. but dealers IN all branches aIo
lightly stocked, and must make purchases IN carry
spring. Moreover, they are mostly strong, anu oy 50
speedily curailing their OutgOcs VIII prevent any
personal embarrasSments. There - very little as
couragement indeed among business men mere. Ihey
expect the panic will work great revolution III ihe
prevailing customs OF banking institutions as wen a. III
our system Oh national finance. Less speculation VIII De
the result they say, and more Legitimate business.
The course tue banks have taken here Is warmly
praised They have been generous to their
dong anything reasonable 10 sustain them, ahd YET
using proper discretion TO keep their own aiars above
suspicion Tue result ~, they are regarded VAIN Nory
general and genuine confidence.