The Roanoke times. (Roanoke, Va.) 1897-1977, 1898-02-06
M'KINLEY PROSPERITY"
Gold Standard Doing Great Work
in Opening the Peoples Eyes.

Il,
Massachusetts, in the S,nate January 26,
1893,
While Senators Lodge and Hour Of our
State, writes Levi K. Pierce, OF Lynn,
Mass, are eXtolling the beauties of the
gold standard on the floor of the Senate,
and castigating the silver men, for the
edification of their plutocratic masters,
it is interesting TO observe from day to
day how beautifully the gold stan lard
continues its work among the business
men and workingmen of their own State.
The annexed clippings from our two
local papers, published almost within
sight of Mr.. Lodges home, are worth
neutrality-suspicious. he has not seen them:
y, "Mark j. Worthley, shoe manufac-
turer, Alley street, has made reduction
in wages in several departments in his
factory" Gays the Lynn, Mass, Evening
Item, of Wednesday, January 20. "This
reduction is said to amount to nearly 20
per cent. in some departments. The help
in this factory, it is said. is nnt affiliated
with any labor organization, and ON that
account no resistance will be offered to
the cutdown, which has already been ac-
cepted."
The following is from the Lynn, Mass
Evening News, Il gold standard paper of
the sanie date:
-Four failures within n com 9aratively
briet P-riod of time by some OF Lynp's
heretofore most successful business men,
the abandonment of business by two
others Tor reasons that are apparent, aud
the rumOrs of more to come, is The situu-
ton which confronts the people of this
city to-day, and makes the future.of the
local merchant look anything but bright
The News is not going to howl calam-
ity. 1t will leave that work to be per-
formed by other agencies, but in the car
rying out of its mission, to present the
news accurately and inpaILlally, it is
forced to declare after talking with many
OF the local traaesmen, that the latter are
experiencing considerable difficulty in
tidinu over their affairs until the prom
ised wave of prosperity shall have ar
rived.
"M. Butman, the clothier in Central
square, who has been engaged in business
in this city for period of thirty-fiv
years, yesterday made. an assignment for
the benefit of his creditors.
IF. l.. Barnard, the Union street lew
eler, recently made an assignment OF his
business for the benefit of mis- creditors
rhe Arthur Shoe Company, Central
avenue, OF which John FL oar is manager
yesterday filed voluntary petition in
insolvency at Salem. This concern has
been established in business in this city
about three years. and carried 1, fine grade
of retail shoes.
Carroll A. Dwinell, gents furnish
lngs, Union street, has made an ASSN
ment.
James j. Lemon, who for twenty years
or more has been established in the retail
shoe business on Market street, has Gle sed
up his affairs and abandoned business for
an Indefinite time. Mr.. Lemon took this
action as precautionary measure against
the inevitable result Of doing business
under present trying conditions of trade.
This information will be news to a large
number of people, who have always re-
garded Mr.. Lemon, and justly so, too, as
clean, able, and progressive business
man.and thi- fact illustrates all the more
terrible strain under which many. Others,
who have not yet succumed, are strug.
Cling.
"Harry, the clothier who formerly con-
Quoted IA clothing store at the col ner sof
Washington and Munroe streets, has
closed up business in this city.
''Not since the panic of 1893 have the
business conditions predicted II darker
future than they do al the present time
prominent shoe manufacturer told
the writer day or two ago that there
were comparatively few shoe manufac-
tur'rs ii this city to-day who would not
find it far more profitable To close their
factories and cease doing business for the
present time tnan to continue under
present hard conditions. They haze kept
their factories open III the hope that the
tidal wave of prosperity that has been
predicted aud pror ised would arrive
ut has not yet come, however and
what is more To be feared, there lis little
evidence that it is on the 6ay.''
YES NEWCASTLE, DEL
Almost half the people in the little town
of Newcastle are on the briuk of starva-
ton. Newcastle has G,000 inhabiGsnts,
nearly three fourths Of whom depend on
the Delaware ircn in ills for living. Two
weeks previous to- Christmas the works
shut do vn, leaving the families of 800
men without employment. The situation
is becoming alarming, as the idle men
are becoming desperate.
WAGES CUT TWENTY PER CENT.
The Seneca Glass Company, at Nor
gantown, w. Va, Monday, reduced the
wages OF its $50 hands from Is to 90 per
cent. The men are still at work, but
threa te'Iing to strike The company de.
clared % per cent. dividend just before
the first of the year. The management
says pool of other manufacturers of
tumblers which the Seneca refused to
join. has cut prices to drive it out of the
market, and TO meet this competition
wages were cut.
IT, is not often that physician recon-
mends patent medicine; when he does,
you may know that it is a good one Dr.
j. p. Cleveland, Glasgow,Va writes: 81
have used Chamberlains Collie, Cholera
and Diarrhoea Remed, in my practice