The Indianapolis journal., 1890-10-30
New Industries, with Millions of Capital,
Under Way asa Result of the Tariff.
Old Ones Spring Into Existence Again, Giving
Employment to Thousands of Working
men at Largely Increased Wages.
Linen-Mills to Be Established in Indiana
Backedby Wealthy Scotch Capitalists.
Indisputable Evidence that in Protection. and
Not by Free Trade, Lies the Continued
Success Of Americas Industries.
WHAT THE TARIFF HAS DONE.


Great Industries Established as a Result of
the Mckinley Law-Wages Increased.
Special to the Indianapolis journal
WASHINGTON, Oct. .29.-Immediately after
the new tariff bill passed clamorous ap-
peals came from all the free trade news
papers for information of a single new
industry started as the result of its pro-
visions or of single instance of increased
wages to workingmen. There was q tone OF
challenge in these demands-a sort of put
up-or-shut-u tone. 1t was undoubtedly
thought to be a safe challenge to make. for
business enterprises do not often spring
into existance overnight, but within
week after the new tariff rates were actu-
ally in operation answers began to ap-
pear in scores. of local newspapers
everywhere. The commercial agencies
reported general revival of business
all over the land, and more especially
in the South and West, where public feel
ing against the bill was said to be strong
est Almost every trade journal contained
columns concerning the extension of its
particular branch of industry. telling of
preparations here there and everywhere to
build new works and to enlarge old ones.
A classification of these new operations
was made last week by the Dry Goods
Chronicle in an article not intended to ex-
ercise q political influence but merely to
inform the trade in which it circulated.
In this classification no less than 15S new
enterprises are included. Thirty-one are
located south of Mason and Dixon's line,
and forty six west of the Ohio river. They
embrace all lines of dry goods manufact-
ure, and are calculated to give en-
ployment within another year to at
least thirty-fve thousand persons The
new cotton-mills number IS; woolen-mills,
Al; knitting and hosiery-mills. 90; worsted-
mills, 6; siik-mills. 5; lnen-mills, 2; carpet
factory /. and lace factory, l.
The fact that these factories are to be
started is we'll verified. Many reports have
reached this country showing that foreign
manufacturers. defeated by the Mckinley
bill IN their plans to import their products,
have decided now to import themselves and
their plant. Lester * Co., silk, plush firm
of Bradford, England, have already re-
organized into company, with capital
of SO 600. 600. with this end in view, and
two of their directors are now In the United
States looking for a site upon which to
erect mills capable of holding 5000 opera
tives.
Another splendid undertaking is being
now arranged for by Charles Barrez, the
senior member of great French corpora
tion, whose manufactures of wooden goods
have been largely sold here. Mr.. BarrezS
and his associates have determined to in
vest 81. 100000 in an American woolen mill,
and the only question they are now cOnsld-
ering is merely that of site. Z
INDIANA'S GREAT GAIN. n
Last week arrangements were completed
for the purchase of extensive grounds at.
Elwood, Ind, for the erection of linen
mills The greater part of large cap
ital to be invested is Scotch money.
which one may be sure would,
never have left home but for the
doctrine that those who share our advan-
tages should help to foot our bills.
Another important Western association
supplied from the East with capital is the
Kearney cotton mill, at Kearney, Neb. Five
hundred thousand dollars is to be expended
there in the manufacture of cotton cloth.
The recent visit of the English and Ger
man iron masters has resulted in large in
vestments in mining properties In Ken
tucky and Alabama, where iron manufactor-
les are to be presently erected. An OrganiZa-
tion of English and American capitalists
has been perfected whereby ten millions of
dollars are to be devoted to the manu-
facture of glassware at Irwin, Pa.
Work rs rapidly progressing at DeadwOOd
and Rapid City for the development of the
Black Hills ores, and the six millions of
capital, which has been so long waiting for
fair Opertunity to begin operations at the
Kearney Peak mines, is now, at last,
actively at work. At the same time ar
rangements are rapidly progressing for the
construction of factory at Pittsburg for
making tin plate. machinery, and at least
four corporations are organized-One in
Pittsburg-fOr the manufacture of tin
plate. In these various enterprises at least
S23, ,OO0, 900 are concerned.
The pearl-button industry has also un-
dergOne a revival as remarkable for its
quickness as for it's extent. The important
firm of Lazarus. Swartz q Upper. of Phil
adelphia. have not only made arrangements
for the enlargement of their works. but
they have increased the weekly wages of
their 800 employees from 10 to 20 per cent:
The Newark, n. j., button factories, of
which there were twenty-one a few years
since. but which had almost entirely ceased
TO operate, have already rekindled their
furnaces, and six thousand men lately out
of employment are assured of permanent
work.
These are but few of the hundreds of
new enterprises which have been created
by the Mckinley bill in one short month.
They are combined within no territorial
limits. They are as numerous and import
ant In the West as In the East When the
Democratic press began to call for the pro-
ductIon of these evidences of betterment
they little thought to be so quickly an
swered.