The Mount Holly news. [volume] (Mount Holly, Burlington Co., N.J.) 1891-1942, 1897-08-10
NOTES AND OPINIONS.

Instead of being welded to wheat silver
seems to be welded to McGinty. -Teyye
HaNte Express.
At last accounts w. 7. BRYAN was still
hanging around the outskirts of Western
civilization, afraid to venture in for fear of
being compelled to join the procession of
prosperity that is moving across the land
--Pgsfla. Press.
The Republican party is the party which
does things. In vigor, intelligence, cour-
age and general constructive ability the
Republican party far surpasses any other
political organization which the country
has known.-.St. LoafS Globe Democrat.
F. l. Smith, the ''Borax King" will es-
tablish million-dollar refinery near New
York, to employ 200 men. The Dingley
Tariff bill placed duty of Sc ton upon
imported borax, giving Mr.. Smith an OPP
portunity to compete in New York with
borax imported from Turkey and South
America. The new refinery will be the
principal one operated by Mr. Smith. The
borax will be shipped from Southern Cali
fornia in raw state.
Latest advices tell about the resumption
of work on full time of several large roll
ing mill and nail establishments in Cleve-
land, where several thousand men are en-
ployed the resumption of work at the
Reading Iron Works at Danville, Pa,
which have been idle since June 30 ; the
settlement of the trouble between the IL
linois Steel Company and the Amalgamat-
ed Association at the works at Bay View,
and the resumption of work there and the
starting up of the extensive Birmingham
Rolling Mills, which have been shut
down since last June.
The Carnegie Steel Company has Just
booked orders for 200, 900 tons of steel
rails for export. The orders came through
Colonel Millard Hunsicker, the London
representative of the company. One hun
bred thousand tons are for England, 5o,-
600 tons for Russia and so, 600 tons for
China The rails are worth more than
81, ooo, 600. The company has more ton
mage on its books now than ever before
Jones 8, Laughlin, Park Brothers & Co.
and all the other large steel manufacture
ing firms are also busy Week before last
the bank deposits in Pittsburg reached
high-water mark.
There was great rejoicing on Wednes-
day among the 2 1000 mill operatives who
constitute about two-thirds of the popu-
lation of the little town of Raritan. With
the passage of the Wilson Tariff bill four
years ago, the wages of all operatives in
the Raritan and Somerset Wooden Mills
were reduced 10 per cent. Ever since the
operatives have continued to work at re-
duced wages and on short time In hon
or to the new tariff law the Raritan and
Somerset Mills, on Wednesday, posted no
tees informing the operatives that their
wages would be increased 10 per cent
and that the mills would be run on full
time.
Here are three items of news publish
ed separately but simultaneously Each
is interesting in itself Taken altogether
they form most impressive postlude to
the political campaign of 1896. One is
that the price of silver, steadily falling,
reached on Wednesday 56A cents an
ounce, making the bullion value of
standard dollar only 1888 cents. Another
is that the price of wheat, steadily rising,
reached that same day Sc cents bushel
for futures and o2h cents for cash wheat.
The third is that during the year ending
June 80 last, the number of savings bank
depositors in New York increased by 60
o36, and the amount of deposits by $40
44I, o47, the total number of depositors