New-York tribune., 1884-01-24
THE FALL RIVER R'CorTON MILLS
HOW TO RELIEVE GLUTTED MARKET-TnE MANU-
FACTURERs NOT AGREED.
TpY TELEGRAPH 10 THE TRIBUNE.

FACTURERs NOT AGREED.
[pY TELEGRAPH TO THE TRIBUNE.
FALL RIVER, Jan. 23.-The result OF the
meeting of the Cotton Manufacturers Board OF Trade
yesterday had become generally known TO the cotton
operatives until this morning. Tho dissatisfaction ana
indignation OF the latter inexpressibe The amont
of the reduction however has yet been decided upon
but good authority IT is stated that it wi.be per
cent Several manufacturers who were nterrogated to-
day. assert that the reduction not the better course
adopt relieve gutted market that 1t Is, however,
useless produce cloth at the old rates. and to expect 10
find market after Lowell and Lawrence reduced; but
curta production and increase prices by working
half tlme suspending work few weeks, would have
the desired effect
Another manufactures said: Fall River manufactur
claim that they suspended operations without the
cooperation Of other cities in the movement they would
be suppanted In their markets by those mills that
should continue running Just look at the faacy OF that
system of reasoning II they cant make any money
now as they assert the face OF regular dividends is 1t
rational to suppose that mills IN operation could de
rive any benefit when they could find no
demand for the output Can they reconcile
their theory with their own praeticef There
few leading spirits in that Board OF Trade who
always prescribe course of procedure for others You
take my word for IT, the stockholders won't hear
about any reduction In the salaries of the officials; but
economy should commence at the top"
A sPINNER's VIEW OF THE SITUATION.
Secretary Howard Of the Spnners Union stated that
everything in connection with the reduction is vague
it Is hard to say anything.
In conversation with mill agent this morning he
learned that the chief ground for disagreement at the
meeting of the Board the action TO be taken
the wages of the spnners. In some
Of the mills, 4" he said. there allow
OF various made for Old mules
bad machinery and poor maeral which were secured by
the Union without any strike protest The establish
men OF uniform rate what the agents paying these
demanded. will most decidedly advocate resist
ing the reduction in the Spnners Uni0n unless these re-
ductiOns resisted now
country, will never be bettered except by revolution
Is toward further degradation for them Don't think me
too rash in this expression; for | sincerely be
lieve that it Will come TO that yet Fail
River manufacturers never have increased wages but
once. and then the increase Immediately taken on.
II a per reduction is made 1t will make the total
since 1873 fully fOrtyye cent, or nearly one hal
what was paid then. Weavers in tnat year received
thirty three they viii only get eighteen
cents. The mills all making money, and what more
do they wantl There is the WampanCag paying three
per cent quarter twelve per cent year, on the
stock invested. heard treasurer say once that he
would be content with six per cent profit Cloth Is firm,
II the agents waited until spring think they would
ride out in safety from this fictitious depression. have
decided to call meeting of the Union for Saturday
night, when IS quite probable that will ballot on the
question Of submission resistance. The call VIII be
issued tomorrow"