Goldsboro weekly argus. [volume] (Goldsboro, N.C.) 1885-1909, 1895-05-02
BUSINESS IMPROVEMENT.

| Don't believe those who tel
you that the country is in {;
worse condition than it was
year ago and that the tendenc,
is downward instead of upward.
| Look at the facts fairly and in
telligently, and you will See how
the calamity howlers are misre
presenting them.
The New York Times says:
''It was predicted one weel
ago that the restoration of the
old rate Of wages at the Fal
River Iron works Hills (cotto1
goods by President M. G. D
Borden would soon be followed
by similar action on the part O.
the other manufacturers in the
same city. That prediction has
been fulfilled. On the 10th inst
there was meeting Of the Cot
ton Manufacturers Association
Of Fall River. and in six minutes
an order was passed restoring
the rate of wages paid before the
reduction of August 20, 1894. The
increase, which takes effect to-
day, is 121 per cent, and it af-
fects 25, 900 employees.
This action was followed the
next day by general restoration
of the wages paid before last Au-
gust by the cotton manufactur-
ers of New Bedford, and here, it
is reported, $4,000 operatives are
affected by the advance.
Thus in two days in these two
localities alone the wages of so,
900 employees were increased sub
stantially. The increase of
wages in the whole country since
the beginning of this year has
applied to hundreds of thousands
Of workingmen and women. In
nearly every instance the in
crease has been voluntary.
These facts prove that manu-
facturers and business are -four
ishing under the new tariff and
that the claim that the condition
of the cul ICY is unfavo able to
industrial deve opment is un-
founded.
From every business centre
comes cheering reports. The com.
mercial agei cies and TIE great
business houses declare that the
outlook is encouraging and thai
a great revival in trade has al
ready set in.
The st. Louis Republic says:
''The cou Try is full of favor
able business indications. The
long depression is at IN i'd an
every oody-except the politicia
lis AL Gus to rene regula
CONNIE C al activity.
If tie currency is not perfec
and it is not by a great deal
it is at least safe just now. Th
treasury, after travelling close
a monometallic silver redemp
ton for year, has abundant re
sources for maintaining it's Gil
, culating notes at their presen
; value. The country needs res
rather than alarms and tn
, alarms which will make doubt
! full again TIE ability of the secre
tary to kee } a gold reserve al
, those which are most dreaded
Prices are going up. The poll
ticians who repel all suggestion
Of moderation cannot be sur
that they would do better if the
controlled the whole governmer
, to-day. It takes less coin to pa
debts than it took four year
; ago. It takes less cotton than
year ago. Unless the political
; is very confident of his pow ers 6
, a benefactor of agriculture +
! cannot promise much MOI
: than is now going on Conside:
+ ing what politicians of all partie
: have failed to do in the past fe
years, they should be modest
their claims this off year, whic
should, anyhow, be their year {
silence.
). Raising alarms is not as goo
n as raising prices. Instead Of di
J. tracing the attention of a publ
d which would rather be at worl
q the politician should give the bl
o siness man a chance and shoul
: conduct his off year canvass in
q spirit of moderation.