The evening herald. [volume] (Shenandoah, Pa.) 1891-1966, 1893-09-15
BAD POLICY

BAD POLICY.
Some daily papers are systematic
ally trying to restore prosperity by
continually repeating day after day, in
parrot fashion, that everything is all
right again. This is a very poor policy
to follow now that the financial scare
itself is over and men are once more
in their sober senses and are doiug
their own thinking.
While the panic itself is apparently
over The effects of it are still with US,
and are likely to be felt for some :time.
The great shrinktge in values has
caused economy and retrenchment,
and there must be a season of liquida-
ton before we settle dowl to bedrock
conditions again. That is the plain
truth Of the situation, aud there is no
good in fooling the people aud dis
appointing them.
Business will not improve through
this childish practice of feeding the
public mind with fairy tales about q
"great reaction" and 'sndden revival
Of trade"
We shall be lucky tbis winter if we
can prevent the r"isary and distress
which the Working population always
suffer aE,er these panics are over, and
while employers are readjusting their
affairs to new conditions and awaiting
the slow process of recovery.
We have it on the authority of WELL
Informed men in the KensingtOn dis
trict that there are now in that district
and it's vicinity nearly 1000 men,
women and children who are either
out of employment or whO,are'work-
Ing on half time or less. 1t is the same
In other parts of the city which are
largely inhabited by workingmen.
The true condition of things in most of
our industrial establish ments or wher-
ever many persons are employed was
clearly put last week by one of the
managers of the Baldwin Locomotive
Works, in explaining the troubles at
that great concern, when he said:
IAN idea of how we stand can be
gathered from the fact that from pre-
viously turning out from IS to 20 en-.
gines a week, we are now turning out
about half that number and the prob.
ability is that we shall have to come
down to four and six a week. Ifso, 1t
isimpo-sible to see how all our men
can be retained. We are getting little
or no domestic work. The big rail.
road companies of the states seem tC
be boarding their savings and are
conservative with their orders. And
were it not that just now we have
several orders to fill for Japan and
South America, we sholld be com
PEELED to lay off men wholesale"
Now this is just the situation il
which two-thirds Of the big producer
or manufacturers find themselves; il
fact, every man and every corporation
employing labor on large scale. 1
is illustrated, for example, in the re
ductions, and economies by which th'
Pennsylvania Railroad is cutting t,
the bone, and with the uncertainty
over tariff legislation, which ought Il
be indicted this year as national nui-
sance, it means that we will have NOR
unemployed people this winter thai
we have had for the past fifteen years
Instead of all this gassy poppycocl
and rainbow chasing about good time
having come back again all al once, i
would be wiser and better to quietly
face the facts, and, now that we shal
be on the eve of winter, to take pre-
caution to ward of distress, to relieve
the unemployed and to look after thu
hungry Taggorts' Times,