The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1880-10-30

Secretary and Director of the Wheeling
Iron anu Nail Works Company.


Secretary and Director OF the Wheeling
Iron ami Nail Works Company.
Our reporter had an interesting Conver
sation yesterday with Mr.. Hubbard in re
gard to the Registers interviews. He sale
that the question OF tariff was one o
wages, aud concerned the employees in thu
mills far more than it did the stockhold
efs, and for the reason that capital cal
take care ol itself, as all the world knows
and low prices for goods, continued fo
any length Of time, simply means low
wages. Therefore, a tariff that takel
away protection from the manufacturer
cODpels him 10 do one OF two thlngs
either to clOee his establishment or reduce
wages. AS matter OF course, manufuC
turing companies will not close their es
tabishments until they have exhausted
every means for keeping them open, aud
| in as much as labor is the main item oil
cost in production it must be upon labor
that the burden OF reduction will fall. No
fact IL better illustrated by universal ex.
perience than this, and therefore no class
OF men iu our midst are 30 deeply and vi
tally interested in the question OF pro,eo
ton as those who labor in manufacturing
establishments for livelihood"
"This being the case, Mr.. Hubbard,
what do you suppose would be the effect
Of the election OF Hancock fnr President
and Of Democratic Congress2"
"Undoubtedly the effect would be to at
once beget timidity on the part Of capital.
l,n al, nnI
manufacturer would beanxiously exercised
to know what he had to expect in the
future. The pocket. books OF capital would
be closed tightly"
"On the other hand, Mr.. Hubbard, what
would be the effect OF q decided Republi-
can success"
ut wouldbe tOconfrm and intensity the
present prevailing feeling OF confidence,
and in addition TO arouse spirit OF enter
prise all over the country. Money now
lying in bank awaiting the issue OF this
contest will cOmeOut in vast quantities
to irrigate all the channels OF trade. All
the advantages that the country now pos
sesses by virtue OF specie payments,
great crops and large importations OF gold
from Europe, will be utilized to the fullest
extent, and we will probably see an era Of
progress and prosperity such as this coun-
try has never known.
"You OF course read Mr.. Gilchrist's
views in this mornings Re9i.terS What
have you to say about themT
''Mr. Gilchrist does not represent our
company in the views that he expresses.
He owns less than per cent OF our capi-
tai stock. Out Of capital stock OF S4sa,.
QUO in our CONCERN over tOur.tiiths OF It
antagonize the views expressed by Mr.. Gill
christ. He and several other gentlemen
connected with the iron interests sf the
city were once Old Line Wings, and drift.
ed into the Democratic party because OF
their Southern sympathies, and having
Joined their fortunes with that party for
better or worse are now compelled, wheth.
er willingly or unwilingy, to support
its anti-taritr position. Some OF them will
perhaps claim that they are for a pro-
ieclive tariff, but no Intelligent man
among them will pretend TO say that their
position is the position OF the Democratic
purity. Hence 1t makes very little differ
ence what they claim for their views in
dividually. Tho world knows that the
Democratic party is Southern party with
Tree trade sympathies, and il an over
whelming Democratic success should oc.
cur in this country tho individual views OF
these men would not amount to the value
oi stray in the way OF resistance 10 the
free'trade procttyities Of the party.