New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-11-19
DEPRESSION IN PENNSYLVANIA.
NEARLY $4,000 wogKMEN lDLE-MiLLs AN
FACTORIES SHUTTING DOWN.

Pun, ,prIPHIA. Nov. 1S-The industrial
,,op In This city, and in fact the State offers no
encouraging features The trades are dull In fhl'a-
sba alone there are according estimates regarded
ss trustworthy, nearly $4,000 idle working people
These are not confined TO any one OF the INDUSTRIES o
rcnresept carpet weavers yarn workers, employees OF
cation wooden and stocking factories. rolling mils'
foundries ship yards and numerous other industries
These figures represent only PEOPLE who are apSouey
ont Of employment while many more are WORRYING at
reduced wages that many instances do not represent
more than one-half OF what they would receive under
favorable trade conditions. feature OF this trade de
presson which is not often witnessed is that the lde
ness II entails the result entirely OF strikes OF oeA
outs as the strikes existing are few. Laoorhg men
seem TO recognize fully and appreciate that trade Is
abnormally quiet that investments arc aot being maze
md that orders are few. This knowledge has resulted
IN cheerful acauesccnce reduced wages, and many
mills are working under such conditions with the hope
that new life may impaired TO trade and full Time
work resumed at an early day II must be confessed
however that there is nothing substantial III the stua
ton 20 base these hopes uron.
All of the leading manufacturers who have been
spoken TO on subject state that there is glui OF man
uactured materials that the purchasing classes are I'M
able TO buy and that the introduction OF new admins
tration is not likely inspire contdence that lis pohcy
T. AN uptred quanty that at best the country Is pass
methods OF administration have been discovered
and allowed to work Themselves on, there Is oateS u
further say that the pronounced free trade views so
Democratic party must act as menace 10 Tue INDUSTRIES
of country which has prospecd for more than quarter
OF "A century under the protective policy iho hI!nu-
yciurcr- represent millions OF Invested capital ana they
do not hesitate say that investments IN raw htcins
conteuplntcn and Improvements 70 10 hlHuc ~ iHc
event o "A continuance of Republican Governments nave
now been cnunteunandrd because there II an uhcer,
tntntv rs 10 what FOLEY the new administration VIII
rir.ic There are who mold out the more thal
There NAV bc revival in business after inc tilSthas
HOLIDAYS; hut should such he the case u s proNe u"
/, nil be temporary aud only consequent upon a'Nu
fot The suuulV of the absolute necessities OF uhuc
The situation AZ present could not De more uhSals,
factory because not alone Is labor Affected n every
branch of business feels IL kceny, and the circulation oI
millions Of dollars Is stOI ped. There Is certainly II
prospect OF any immediate Improvement but ON the con-
ira~g everything points To slow markets.. Ih!ouSiuui
The state there complaint of dull trade. Furnaces ana
mills working upon pail tlhie
aud an other Industries seriously anccirh VIC IRON
has heeu oVerprOduccd. and It's manufacturers are en-
harrassed by the appearance OF better qudN OF pro-
duct from the south In this market at much power
fsure- than they sell Coal has been largely over
produced and many mines idle While others are
WORKING under "a rcsri tive policy. ore miners are
working for seventy day and the shops OF the
railroad companies employing only quarter OF their
usual forces