The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1900-11-03

locality a fitting field in which to put
Mr.. Blyans assertion to the test, and
proceeded to do so.
A letter. of which the following is a
! copy, was sent out to a number of
the city's largest industrial concerns,
Thursday:
Scranton Tribune.
Office OF the Editor
Scranton, Pa, Nov. l, 1900
Dear Sir: Tile Tribune would esteem il a
great favor if you would kindly furnish. for use
in an article being prepared for Saturdays ISSUE
some statistics comparing business conditions at
Your works during the Cleveland and Mckinley
administrations. The editorial, "Facts G,,sh, !"
in today's issue OF The Tribune will indicate
TO You the scope and purpose of the article.
Respectfully.
The Tribune.
The fact that some of the COM
panies do not deem it prudent to make
public the details of their business af-
fairs, and the further fact that others
We're so hard pressed for time by rush
of business that they could not spare
enough to comply with the request,
resulted in our securing only general
sort of statement in some instances,
but whether general or detailed, the
how we'll founded is the Republican
claim of Mckinley times" and Pros
perity" going hand in hand.
MIR. ZEHNDER's STATEMENT.
w. d. Zehnder president Scranton
Bolt and Nut works:
"As an illustration of the caution
exercised by financial men in launch
Ing new enterprises, permit me to say
that had it not been for the free silver
craze. and Organism during the year
of 1895, our company would have been
organized and established during that
year, I had practically 75 per cent.
of the stock subscribed at the time
Bryan appeared upon the scene and
1t was not As hours afterwards every
man called halt and they We're not
all Republicans, either, 1t was not un-
til the country's financial policy was
assured and the little unpleasant
ness of '9S' was over that confidence
WAS again established.
with the appearance of prosperity
in the spring of '99 it was a compar-
9tiVely easy task to float an industry
as was our case. We built our plant
in six months and have run continu-
ously since January ], 1900. Our vol-
ume OF business has far exceeded our
expectations and our employees double
our calculations. We have had all
year and have now 300 employees earn
ing over Sl5o,OoO per annum.
During my II years experience in
this business I have seen the effect
of opposite administrations upon our
business life. The ono was construc-
tive the other Destructive, We can all
recall industrial wrecks and half time
brought about either by acts of the
Democratic party or In fear of ii.
WAGES INCREASED.
During the year OF 1899 under the
confidence OF Republican administra-
tion rolling mill wages east OF Ale-
ghcny mountains were advanced from
March until August 10 over 50 per cent.
These rates have been continued until
only recently when on account Of gem
eral apathy reduction of 20 to %
per cent. was made.
II am firmly convinced the election
of William J. Bryan would unsettle |
all values and cause general stagns,-
tion and would very soon place wages |
in the iron business back to where |
they We're in '96 to '9S On the other |
hand l conclude from information |
gathered during the past four weeks, |
that the iron business is now waiting |
for the reelection of that magnificent
type of an American, William Me-
Kinley and when he is reelected we
snail again enter more substantial |
period of prosperity than we had