The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-02-07
THE LABOR OUTLOOK.
General Neeley Predicts Revival of Bus
ness Within Sixty Days.

General Neeley Predicts a Revival of Bust
ness Within Sixty Days.
New York Special.
General Negley, of Pittsburg who is well ac
quaintad with the labor question, which has been
made prominent by the recent Socialistic revela
tons, both In this city and in Pennsylvania,
said to me- at the Hoffman House. tonight:
II question the accuracy of the statement that
there is Large and turbulent element belonging
TO the Socalistic class in the city of Pittsburg.
In no city where there is so large number of
iaooring, meu will there be found better order,
more quiet and peaceful attention to social re-
quirements than there l determine this fact
from the failure of the efforts repeatedly made
TO organizes extreme workingmen's or
labor party. Inasmuch as l am personally
acquainted with the more prominent of the men
VINO command influence among the laborlng
classes of all nationalites, l acquit them of any
attempt to violate law, or to secure employment
through violence, or to acquire property or re-
venge through destructive agents.
Enforced idleness for a long period has
brought want and suffering to the homes of
thousands, and, while these complaints ill the
air, am sure they will not transgress the law"
What do you think of the general condition
OF labor as presented at this timel"
history is always repeating itself There
seems to be recurrence of the times of Louis
Philippe. The suspension of public works. great
shrinkages on the values of property aud the
tendency to accumulate capital in the banks,
has thrown thousands of people out of employ
ment, producing condition of affairs which
leads the more ignorant and brutal to acts of
violence Such condition OF affairs occurs
periodically, and necessarily becomes very dan
gerous In European countries, where one in every
five is a beneficiary of. some charity. But the
number of agitators who have reached our
shores and who are to-day here the organizers
of the depraved elements in our society are too
weak to accomplish much by violence, and as in
the case of the mob spirit exhibited at Concordia
Hall, Monday night. can he vanquished by the
clubs of few resolute policemen"
DO you think the worst of this trouble is
overl"
Yes, a reaction will certainly come, and there
Will De an improvement in the commercial and
financial market within sixty days"
What do you think is the reason for thsp
I'm my talks with number Of prominent
merchants and bankers discover more hopeful
tone in their opinion. A larger amount of bust
ness has been done during January than has
beer done in any two months previous for a
year. Investors seeking new investments
and many railroad enterprises are being resusci.
tated from bankruptcy. A morbid sentiment
which, for some time past, has pervaded all
classes, is quietly disappearing, and confidently
look for an active revival of business after the
adjournment of Congress-"
What is the condition of the coal miners in
the Pittsburg district?"
The coal market is greatly disturbed by the
introduction or natural gas, which has not only
cut off the trade from the mines, but has thrown
mills, as we'll as in the mines. This, with the
closing of the steel rail mills, has thrown great
many men into the labor market. thereby re-
duclng the rate of wages. Time alone can rem
edy these troubles, but believe those times are
not far away"