The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1889-05-25
yleys their industry is doomed, and in
a few years only special nails will be
OTHER EXPRESSIONS,
Various Views on the subject Of the MAI
Depression.

Various Views ON the subject Of the Nail
Depression.
Theviews heard yesterday were almost
ps varied as the people who talked were
numerous, One man said the de-
preston now was but temporary, and
the much talk about it sprang
from the agitation Of alarmists.
Said he, "There is somewhat OF an
oVerproduCtion. Let the nlanufac-
turers stop increasing their capac-
ity, maintain their prices and keep
up their association with the forfeit In
force, and things will right themselves"
A prominent hardware dealer said (;
''The wire nail is the whole cause otthe
stagnRtion OF the nail business, The
wire nail costs only about % cents per
key higher than the others, No other
nail Is used in the East, All the mills in
this valley will have TO make them inside
OF two years. They can change over to
tue wire nail, make them by using
attachments and buy the wire rod as
all the wire nail mills arc doing, They
can buy this as cheap Us they could
make 1t, 0urmills Cap'tmake nails any
cheaper and there Is no use talking
about this, The men won't work any
lower, don't keep any wire nails, but
will when the local mills make them.
More building Is being done in the
country this year than ever and the
cause Of the depression is not lack Of
demand for nails"
Another gentleman whose business
requires the use OF large quantities oil
nails, spoke thus; " think there Il
lots OF good common sense In the edi'
torial In the INTRLLIdRNcRR this morn
ing. We have not begun using the
wire nail yet but 1t Is certainly preiera
BILE to tho cut nail, and is the coming
nail, All tho doors and sash We get are
made with wire nails, and they are be
coming immensely popular, Takea wirl
nail and throw 1t down there and 1t will
lie In the rain for a week and 1t won
rust. An iron nail will rust II out In TIT
rain one night, Wire nails do not spill
the wood Ike iron nails, and they arr
surely better. They appear to be uset
more In the West than here, This mai
is the cause Of the depression In the Gu
nail industry, and our mills will have Il
turn their attention to them sooner o.
later"
Here was another suggestion as to I
remedy for the depression:
~ believe in Blaines theory-built
up a trade with Australia and Soutl
Amerlcs, We want to subsidize ou
vessels and they will garry t9 thesl
ports. There are too many nail mill
and that Is the trouble with our othe
: manufacturing establishments. lie
them sell the surplus at cost to ioreigl
countries, keep the mills in operation
and give employment to all the men
This will cause an interchange and tn
nail industry will improve
A shoe.dealer said 1.-THE only way 70
the nail makers TO do Is as ! do in IN,
} busine5s=-get what the market demands
II l know there Is sale for 0 shoe
haven't Iiys nt, ret ! buy it, Let them max
: A prominent architect and oontracto
said: III | had my way the mills woul,
, go back to the old iron nail, the best eve
3 made. They can be broken II they turn
t and the steel nail won't do that, YoI
have to cut them, and this hurts the aT
pearance OF the work. For fine insid
t work give me tho old nail ip preference
to the steel or wire nail"