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Mckinley Answered

Mckinley Answered image
Parent Issue
Day
2
Month
October
Year
1894
Copyright
Public Domain
OCR Text

In a recent speech at Bangor, Maine, Gov. McKinley made cornparisons between the new tariff act and the one that bears his name, and asked the following questions and made these assertions: Better in which particular? Whose factories will it set to work ? It will not increase the demand for labor at home. It will not start a single new factory. The industries of the country are responding to these questions and statements in a manner most satisfactory to all except those who would have the business depression continue for the political effect. The Textile World, a trade publication, shows who are set to work by the Wil son tariff. The woolen raill at Niantic, R. I., is soon to be operated after a shutdown af several years. It has been leased for the manufacture of yarns. The Baltic Mili Company, Enfield, N. H., has enlarged its plant. The machinery of the Riverside Woolen Company, at Lebanon, N. H., is being increased. At a recent meeting of the stockholders of the Modena Cotton Mills, Gastonia, N. C, it was decided to put on 70 more looms and 3,000 spindles. Enlargements are being made to Rhodes Brothers' factory at Aston Mili, Pa. The vvoolen mili at East Lyon, R. I., which has been idle for several years, has been leased to Alfred Burdick and George Lawton, who will manufacture yarns. Itisunderstood that they have orders ahead for a year and that they will start up the mili as soon as possible. The Globe Mili, Clarke & Co., Augusta, Ga., manufacturers of yarns, have lately put in forty looms, and will manufacture drills, sheetng, etc. They expect to commence operation in three weeks. The new Dilling Cotton Mills, Kings Mountain, N. C, will be in operation in about two or three weeks. The East Pond Manufacturing Company, Newport, Me., is to add ten more looms to the woolen milis, which will give an output of onethird more capacity than now. A new company has been incorporated at Barnesville, Ga., to manufacture underwear. They commenced manufacturing September i. These are but a few of the many similar items which are given from north, south, east and west, but they indícate that the textile industry is entering upon an era of unwonted business revival. And what is true in the textile industry seems to be equally true in other industrial enterprises. All these facts go to prove that the industries of the country are in no danger from the changes in the tariff, and that those who assert the contrary will soon be compelled to cease their disquieting talk or make themselves supremely rediculous.

Article

Subjects
Ann Arbor Argus
Old News