The new dominion. [volume] (Morgantown, W. Va.) 1876-1904, 1895-08-03
The Hum Of Industry.

Great Significance attaches to the
figures printed in "The Post" yes
terday of the increase of business in
the Pennsylvania railroad system
east and west Of Pittsburg. As the
most extended railroad system oper-
ated under one head in the country
it is telling barometer of the i'm
proving business conditions. Listen
to the figures: For the six months
ending with June
The increase Of gross earnings
has been. ................. %, ZIG. SIG
The increase of expenses has
been ..-....-- .....-....... 3, 5b0, 3le
The increase of net earnings
has been .................. 1893, 49e
We question if any railroad in
America, or any part of the world,
has ever been able to make an exhi-
bit of such an astonishing increase
of its business in the same length OF
time. The increase of gross earn
ings on the Pennsylvania system dur
ing the month of June was $l,374,
l55, or at the rate of sixteen and a
half millions of dollars year, should
business continue on its present oas
is, and the fact is it is likely to
largely increase, with the movement
Of the great crops of this year, the
coming fall and winter months.
In measure these figures reflect
the great improvement that has been
going on for the last four or five
months in the industries and com
merce Of Pittsburg and of Western
Pennsylvania. Everything in and
about Pittsburg-coveringt that great
industrial area known as the Pitts
burg districts on the jump. Not
only are all the mills and factories
that withstood the stress Of the pan
ic taxed to their utmost, running
day and night, with orders far ahead
of their capacities, but old and par
TALLY dismantled mills are being put
in working order, as the advance in
prices enables them to be operated
with advantage, even if they lack the
greater facilities of the big plants
for cheap production. Prices are GO
ing up to the level of their opportu
mites.
Pittsburg has never presented to a
greater degree than it does to- day
evidences of prosperity and progress
sive business The great mills are
so taxed with orders that the sum
mer shut. down for repairs, and to re-
lieve the men for the torrid season.
has been passed over. In furnace and
mill our sturdy mechanics are fac
ing the hot blast during the heated
term to meet the demand for pro
ducts. Good workmen are in de-
mand, and in some branches the sup
ply of first class labor is not equal to
the wants of the mills. This is shown
by the voluntary advance of wages
that has been generally going on.
And all this, men and brethren,
under the Wilson tariff A year age
it was assailed as the certain fore
runner of universal industrial bank
ruptcy, idle workmen and starvation
wages. To day it is the guarantee
of prosperity, progress and advances
in wages in ali departments of indus
try that has never had its parallel in
the same period of time in the indus.
trial history of the Union. To day
we are reaping the harvest that has
followed the wise and sagaeioas pol
icy of the Cleveland administration,
whose chief mission it has been to
restore business confidence and plant
our great industries on a solid basis
of prosperity, cheering and encour-
aging capital and labor alike
Pjttsburg Post.