, 1879-08-01

"Nell, think 10. 1 think TINT tile rcmedv,
would be better than the evils now complalncu
off,
BUSINESS MAN.
Mr.. T. W. Baxter, manager o! tho E'a'n
Watch Factory, who hnd been called upon 70 ap-
pear botorc tho Committee, mado the following
nnswcrs TO questions BY tic Committee. Nit.
Shcrwin bcenn tho queries: .,........
"What Ia the condltion Of -FOUR business as
compared with other tfmcsf"
"vory prosperous, sir. Prices arc very much
lover"
ullow docs tho volume Of business compare
with that Of previous ycarslh
"As compared with three yeara ago It is as
four to onc.''
"Anl tho prospects Of the futurc3"
"The prospects OF tile future are such as TO
lead us to bclieyc that our difficulty would bo
to supply tic demand Instead Of difficulty to
scll.''
"Hss there been any difficulty or complaint
With regard TO the depression Of laboei"
"Wcl, can't say tint there has not, sir,
from the fact that IN order to produce The gools
at q price ut which they could be sold It wns
necessary to reduce the WAGES. We uottced
that whcFc there was ,nrgc increase Ia tho
proportion Of labor there hns been rery slight
QEEIEll6U Ill LllG "uAGb GhtHEA NY operatives"
"What would bo tho vuluo Of the wages OBJ
tafucd now os compared With the value 0f wages
three or four years agoi"
"rrobably operatives, on m average tago
had their wages, reduced within three years
about 10 per cent"
uuw IN this city7''
"Ishould think, as compared with other cities,
1t Was very prosperous"
"Do yosl know Of any thing that could bc tono
prosperity OF lnlorng mcuf''
"That fs pretty broad question, SIR. don't
know na I am prepared 10 answer II without re-
Election. Nothing occurs to me- now bY way of
teEisIatlon.n
ain the matter Of currency, do you thlnk
thcrs ts ANYTHING nreas doctor!nE1''
"so for ~ my personal Judgment goes. I
should cay not. l tlIink thu great want Is lack
OF coIlatcrals.. There is money enough. The
man WHO needs u,uncy nrd hasn't got the col
laigrala will discover there Is 4 very materful
difference between plenty Of money md plenty
Mr.. Wrleht--"Tllcn you think the busine.s
ai[atrs Of thfs city arc III prosperous cotl-
Mr.. Daxtcr-Yes, sir.
Mr. Wricht-And promise to bo In better
Mr. Baxtcr-Yes, sir.
Mr. Wrieht-Notwithstan tic fact tl.at
they have been in n depressed condition for the
last three Or four ycnrsi
Mr. Daxler-What Is my opinion,
Alr. SherwIn-Can you form any Judgment Of
the sofvcncy oF tic pcuple YOU have been uo,ur
business With. rs co,npaTcd with wl4at IL was
two or thrre ycars ugo9
Mr. Baxter-l should say OF tho condition Of
trade tlut, who capital Inns been dNtnisbed,
business men better Understand their condition.
/ think men know more nearly their condition
now than tlipy did formerly.
"a tfas your attention been called 10 tho
un,. ,,,os 49, .,'es,..
o,u A"A1N'' ""'e '"ousht eooa aeal
o'; :, ,v,,, ..,,. ,,... A. 81. .,...
m " W. y, }oa u s; eaneo r. s"e Commitee your opin-
U rs rs ~ ~ III I"nr ~ n.t u @ he M .eas,on Ok .ne
n, s,I a9nt Nv "nI.u W !asgcS governed by
cnnrr"! iahor il conror,a5 tna',, Ma lar na
possible, or coul bu enforced: neither do ns a.
icvc largo proportion OF thu workiuruIcu de-
sire IT,
~ MEAN eam VI im', ts utsHlea 's annor"
4H sH&[hsF%Hk 1AUQI+ 4NEIG l8 q YGtF