Juniata sentinel and Republican. [volume] (Mifflintown, Juniata County, Pa.) 1873-1955, 1894-10-31
THE MENACE TO
az PROIECllON.
1ts Blighting Effect on Labor and
Capital.
TIE GREAT DECLINE IN BUSINESS.

Comprehensive Reports from All Sections
OF the Country-There Was As Per Cent.
Less Wages Earned This Year Than in
ls0s-No Work for 30 Per Cent. Of the
PeopIe-Th- Output Of the Factories de-
erea~ed by ~ Fer Cent.-Avesags Earn
ings Fell on 9.55 Per Head-Billions Of
Dollars Less Money In Circulation.
A great deal Of space is given in u recent
issue Of The American Economist to q re
port upon the business conditions of the
United States during the first six months
Of the present year as compared with sim
liar conditions existing between Jan. l
and June 30, 1882?
They have received reports from 80 diff
ferent employers Of labor who are able to
find work for 70, 800 fewer hands this year
than in 1892. They paid almost SS.DO,On
less money for wages and their output, OF
the amount of business which they trans
acted was nearly one half less than during
the first six months Of 1892.
The average earnings Of each wage
Garner between Jan. l and June ~, 1892,
were ESQ. The average earnings of each
wage Garner during the corresponding six
months Of this year were tl95. Thus there
was loss Of e15 to every one Of these indi-
viduals who Were employed
The analysis Of the reports. according to
sections Of the country, brings the facts
learned by the investigation more strik-
angly home, both to the employer OF labor
and the emplOye. The statements pre-
sentcd regarding the conditions that have
recently existed in the different sections Of
the country are also extremely interesting
The Mckinley census that was taken by
the American Protective Tariff league in
1sss. showed that over ~, ,OOO,OOO in money
had been invested In new or enlarged in
dustries within two years; also that work
haL been provided for 81 .22S5 additional
hands
Now We are under the necessity of show
ing that O,SOO people have been deprived
Of work In 40 different industries, says
The Economist; also that those who were
Ut work have received nearly =, ,OOO, 600 less
money within six months than they did
two years ago. 1t is further shown that
the amount of business was but 56 per
cent Of that transacted in 1St!
A year ago this month we published the
results of our industrial census. This
showed that there had been IL decrease i'll
business within twelve months Of 47.2 per
cent, a decrease in wages earned of ~ per
cent, and a decrease in the number of per
sons employed in factories of about COZ
per cent.
We now have to report a shrinkagc of 30
per cent. in the nuubcr of persons cnl-
ploycd, loss of 45 per cent. in the amount
of wages earned and of II per cent. in the
output Of industrial establishments. \
year ago the average decrease was r-cor,i,,.
rs $23 per week in the wages of c.:..l rii,-
ployc or Ssl.iO for the half years work.
We now record n loss of go for C;:.h per
son for the first six months work { his year
rs compared with the money which he
earned during the same period in 1892.
If we look back still further and COM
pare the present results with the census OF
lSsO, We find on the haiSis of the reports that
We have received that there were as many
as Alb, $50 idle persons in the country this
year who Were actively employed in iS.-J
We further find that there was mOr,' than
y ,OO, O,GU,UD less wages earned than in iS.:! 7.
We further find that the value Of ti:r IIro- :
duct of the factories has decreased ny i.or, /:
than S5,o0w0,rO; also that SI.H}0.D0J.OD0 !
less money has been paid for material to be .
used i'll manufactures.
We cannot but accept It's thoroughly rc-
liable the information we have received
and upon which we have based our cslcu-
lations. 1t is extremely painful to us to
record such IL diStrcssful condition of bust
ncss, which must involve pinching and
poverty i'll most American households.
After these facts have been carefully
studied by every reader and thinker in the
country We should hardly expect to find
one solitary individual to advocate IL pol
Icy of free trade against protection TO
American labor and American industries.
We trust that the verdict OF the people
next month will be an overwhelming ma
,ority against any approach to free trade
md for the restoration of proper and udc-
auate protection.
January to January to
Same industries. June. lsr.. June, 1895.
Hands employed....- ,a,sjG 4JN2i