The midland journal. (Rising Sun, Md.) 1885-1947, 1896-10-09
The Mccullough Iron Mills.

The Mccullough Iron Works at Nortl
| East shut down last week, in all probabil
| ity to start up no more. The works have
been in the hands of a receiver for som
| time and running in a partial way. Thu
Rowlandville works have been standing
idle for long time. Neither of thes
works are likely ever to start again. They
have persisted under the great competition
forced by the fall in prices which ha
been going on for the last twenty years
or since the British gold standard fnancia
system has begun to be felt on the in
dustry and labor of the country. Tha
policy has been fixed on the country
partly by bribery of the leading men who
have been entrusted with the manage
ment of public affairs and partly by the
general ignorance of the public O.
economic questions The same blightine
causes have reduced every farm in the
county-and in the entire United States
for that maternity per cent in value
Business has been strangled by the con,
stricting power of the inefficient quantity
of money with which to conduct it and a
stagnation and blight has fallen upon the
manufacturing industry of the country il
never before felt Had there been a full
volume of money to conduct the ever ex-
panding business of the country as popu-
lation grows, the Mccullough Iron Works
i'll this county would now be running and
doing prosperous business. The low
price of raw material, forced down by
the demonstration of silver, has been the
means of supplying England with her
food and other raw material at prices be-
low their cost in this country. By this
means the manufactured goods of that
and other Old World countries were
placed on the market at such prices as
proved ruinous in competition with the
high priced labor of the United States
The consequence has been that tens Of
thousands of the best business establish
ments in this country have been utterly
ruined, and among them is numbered one
of the best which this county boosted of.
Notwithstanding these palpable facts
many of the men who have suffered, and
are suffering from the "gold standard
financial, business blight, are, through
partial ignorance which they continue tc
hug, and party bigotry, which is one of the
most blind infatuations that aff1ict masses
of people in this country, persisting in
lending their aid by influence and votes
to continue and more firmly fasten this
blighting system on themselves and the
country permanently.
Idle mills, with grass growing where
busy feet ought to be moving, farm prop
erty that has fallen so low as to be with
out selling price, people whose sole de
pendence is upon employment, out Of
work and no work for them in sight, deb
covering the industrial masses like a
! dark pail over the dead, is the condition
which confronts the people of this coun
try to-day aud will continue to deepen
and darken until in their might they
arise and throw off the English gold stan
dard policy which has crushed the life ou
of business. The way the Mccullough
Iron Company has gone, and from the
same cause ever farm and every branch o
business are going, and the appropriate
epitaph over the tomb of so many buried
hopes is: Persisted by the Englisf
gold standard"