, 1879-08-01

A BUSINESS MAN.
Mr.. T. ". Daxtcr, manager OF the Eleln
Watch Factory, who had been called upon to ap-
near bcforc tho Committee, made the following
alswcrs 10 questions by tlle COMMITTEE Mr'
Shcrwlu began the queries:
uWlat Is tic condition Of your business as
compared With OTHER ttmcsP
"ycry prosperous, sir. rriccs gro very much
lower" .........
allow docs tho volumn Of business comparo
With that OF previous yearsa'
"As compared with three years ago II Is as
four to ouc.'
"And the prospects OF the futurca'
"7'c prospects Of tic future arc such as to
lead us to believe TINT our difficulty would DO
to supply tho demand instead Of difficulty 10
SELL"
"fIas there bccn any difficulty or complaint
With regard to the depression Of lal,orl"
"WeII, cart say that there has not, slr,
from the fact TINT In order to produce the goods
ut o price at which they could be sold It was
necessary to reduce the wages. We pot!ccd
TINT whcro there was lnrgo increase IN the
proportion Of labor there hns been very slight
decrease In the wages earned by the operattvcs.n
"What would Do tho value Of tho wages OBJ
tatned now % compared with the value VI wages
three or four years agol"
"Probably operatives, on an average, havo
had tl,eir wages, reduced within three years
~, Whsss y 4! ts general condition Of business
1shoula think Is compared with other cities,
"Do yol know OF ANYTHING TINT could bc dono
by way Of legislation that would enhance tho
prosperity OF lnbOrnE Hguft
"That Is pretty broad question, cir. lou't
know as mn prepared 10 answer # without re-
Election: Nothlng occurs to me now By way OF
thcro is anything needs doctor!ngl'
"so far as my peraoual tudemcnt goes, ]
should gay not. ! tlltnk the great want Is ack
Of collatcrals., There is money enough. Tie
man who needs money md hasn't rot tho col
1aterais will discover. there ia n vcry material
difference between plenty Of money and plenty
Mr Wrlcht-"Thcn you think tho business
ailars Of thls city atc In prosperous coli
Mr.. l3axtcr-Yes, sir.
Mr: Wrght-And promise 10 DO IN better
Mr. Baxtcr--Yes. sir.
Mr.. MISUNDERSTANDING the fact that
they have brcn in depressed condition for the
last three or four ycnrsf
NJ. Daxter-What Is nv opinion.
Alr. Shtrwn--Can you form at,y Judgment OF
the solycnty Of the peuplc you have been doing
business with, Us coInpared with What it was
two or tlireG years aro3
Mr.. Daxtcr-l should aay Of thc condition nf
trado that, Whto capital has been diminished,
business men better understand their condition.
tfIiniS men know lHufo nearly their condition
now than thry did formerly.
" IIns your attention been called to tho
HOURS OF LADon3''
1T is matter have thought good deal
"Will you statc to the Committee YOUR optu
ion as 10 the feasibility 0f the reduction uf the
s,s nogs n iIs5 4 sd" to sE Il oan al the elect Of TINT
swell, sir, that would 10 1argcly governed by
the character Of the labor performed. As fur as
general lnbor is concerned, don't believe It Ia
possible. or could bo enforced; neither DO be-
lIeye large proportion OF tho workIngneu de-
sire T."
1 mean Intelligent labor. Thrrc Ia very
great distinction between skilled labor nm labor
skilled In ono particular employment. i under.
bis Inc" v"
IA good deal has been snid before tho Com
mittee by representatives Of labor organizations
would bt for the benefit OF tic laboser to iuin.
islI the hours Of labor to cfaht, mnlaIy On
account Of the strong competition, which has
.laa the Effect , o. deorislng many men Of work.
In the ilrst place, don't think It Is fcasi-
S"nnoso az, ,'T XII eaaa accomplish M T..
Surtn Of ,naei,nerv in aa y hnsa ,'a pns slo9o
tinn ~ a,t"ass ',s. :" ~. IT, oaso my ca!cun-
nom - sueeess UPON e employment Of tlut
i,n hnrds shtn III n san1p W. M9m would not
vi,Inr ,hn Il sh,H IL anoMu pass laW pro-
ninv 1nnm ~ ~, hara ~ ,,as toF ne 70 en-,
shcmi IL thnt ,rtt,; r. =, efun a. II eonld nnu
~ nn,,-aa y st ~ m,.aan ue ecpe OF leelsattoni
s,a,,t ssn,,, 10, =, i!.s,s lof man TO say Ito
Min, ~ r.ss sa' ~, .unss aay. "a conf
scnrn n cnntract a "tobt bpohos hs nas 10 tic az
tnto H..i. ,.i u,G.!' Ip"Fs hnai1 conss!'
,,oas ruas ,n uaS9 ,9 W9fS' think II bust
ness ne. hau moro confidence
raI,ao. ta 1e a'uSs business !hcn 10 what
ret liz atnr. ~ nmo,snr n. ha . tfles to
dlcIng wages. Capital invested iu mnn,,fac. N M
tures to-day Is by no mems proftabso. 1t AZ
1o,qs % g. n3st aaeGaate tstnrn."
=, Mr.. sherwln asked !hewitncss bis opntona On