The New York Herald Newspaper, November 13, 1873, Page 4

»courage is manifested there and that the dull 4 BREAD WINNING. The Struggle Between De- mand and Supply. The Prospects for Industrial Pursuits Improving a Little. MIXED ACCOUNTS FROM FIVE STATES, MAINE. PEL General Prosperity=Lumbering Opera- tions and Manufacturing—Prospects for the Next Season—Operations of the A. & W. Sprague Manufacturing Company. Aveusta, Noy, 10, 1873, Maine {s so far removed from the centre of dis- turbing influences in the financial world that she has been the last State to feel the “panic.” And it never would come, to any great extent, to her staid and industrious citizens had they not heard that a panic was abroad in the land and had pre- determined that it shouldn't slight Maine, Its vis- itation is just beginning to be felt in the avenues Of trade that have their natural outlet in the large commercial centres. But no people are better pre- pared than ours for a general suppression of busi- ness should that calamity come. The earch has yielded abundantly. More hay will be shipped from the State this year than ever belore in one season, From the large surplus for sale our farm- ers will piie up walls ofdefiauce to hard times in the shape of greenbacks, and draw rich revenues from their well-stocked larders. Individuals having & surplus of sympathy had better expend it now on the thousands oi unemployed in the great cities. All classes here are weil enough off and can stand a winter of business inactivity without flinching. THE LUMBERING INTEREST has, until a few years, been the chief industrial in- terest in the State, ahd even now, notwithstand- ing the great depletion of our forests, stands among the foremost of our activities. He who says that in haifa century more the forests of Maine will be levelled, and that people will have to go elsewhere for their lumber, knows but very little of our resources, and bas never heard of the hun- dreds of acres of thick woods on our northern bor- der, the silence of which has never been broken Save by the wild beasts. Business men, especially those having building contracts or interested in building, would naturally desire to know the effect of the panic upon the lumbering interests. I have conversed with the agent of the heaviest lumber- ing corporation in the State, the Coburn Land NEW YORK HERALD, THURSDAY, NOVEMBER 13, 1873--TRIPLE SHEET, Lewiston. There are about 300,000 spindles in this city, all of which are now running, save about 50,000 spindies in 4 new mill, not yet in ranning order, THE EFFECT OF THE PANIO in the money market has been very lightly felt in this community as yet, The Maine Yankee is still confidently fattening his Thanksgiving turkey, ¢x- pecting assuredly to have a day in which to eat it, as ever before, In this connection a word or two of the history of manufacturing and the city will enable one the better to understand the situation here now. In 1847 there was incor- porated a company of Boston capitalists, which purchased almost the entire area now occupied by the business and residences of the city, together with the land on both sides the river in the vicinity of the falls, They proceeded to the construction ofacanal, now about half a mile in length and sixty-four feet wide, with two intersecting cross canals forty feet broad. The fall of fifty feet en- ables them by the aid of these secondary canals to use the same water twice in the moving of ma- chinery, Since the organization of the Water Power Company the city has been rapidly pros- until to-day there ppering and growing, are seven and @ half millions of capital interested in the manufacture of various fabrics of cotton and wool in this city, in fifteen colossal mills, built of brick, With the view of ascertaining the situation here your correspond. ent has mingled freely with the manulacturers of this city and subjoins the results of his inquiries. ‘The agent of one of the heaviest miils is directing some improvements on his corporation, but readily consents to discuss THE ALL ABSORBING QUESTIONS. “To tell the truth,” said he, “1 have not thought it advisable to borrow any trouble respecting this crisia, Our people are inclined to run just as usual, and take advantage of the state of the cotton market. We think the low price of the staple is a good offset to the duiness of the times, and we feel that goods must be convertible into greenbacks by aud by, if not to-day. We shall run as long as it ts safe to do 80, We are fortunate in having plenty of funds. The capital stock of our Lewiston corporations generally is larger than that of most manulacturing corporations in other cities, and that enables us to hold out longer in a tight money market. I think it is sate to pile up goods now. See how low cotton is, Why, if lL had plenty of spare change l'd as lief put it into cotton as any- thing. Our people argue that the demand for staple goods will be heavy on the return oO! con- fidence. I'm looking for LIGHT TO BREAK SHORTLY. I don’t believe this uncertain state of affairs will last long.”? “What about the cotton speculators?” “Well, they've gone to the wail, and manufac- turers think that’s one good end gained by the panic. We've alllight stocks of cotton now, but when we enter the market again it will be on prices governed by laws of legitimate trade, not on the fictitious values ‘cornered’ by the sharks ofthe ton trafic.” Vhat about your stocks of goods?"’ “Well, as for that we haven"; got any piles that scare us. We'd much rather pile them three months more than to sell to firms that cannot pay except iu promises, We're pretty fortunate in having plenty o! funds. Only the day before the crisis opened a Capitalist came Lo our treasurer and said, ‘LT wish you'd take $180,000 of me and give me your note.’ The treasnrer said he didn't particularly | need the money, but the gentleman was willing to | put the rate ofanterestso very low that the treas- urer consented to take it. The next day Jay Cooke & Co. collapsed, and naturally the coffers of our | corporation, previously quite generously supplied, Company, and also with the President of the Ken- nebec Land and Lumber Company, second in in- terest, and they represent that there will be the usual amount of lumber floated down our rivers | when the ice breaks up next spring for the use of the mills. This will apply specialiy to the Kenne- bec and Androscoggin rivers, but it may have a | general application to the oters, The number of ams and men to be put into the woods will not be so great as in former years, because the market has been overstocked with logs the past year, and not only are ‘the wvods full of 'em,” but the rivers and booms also. There are more than can be taken care of, ‘This winter, therefore, there will be less than the average amount of logs cut in the woods; but the logs carried over from last year’s overstock, with what will be cut the | coming Winter, will give the average supply tor nextseason. Labor will be cheap in the woods, | aud teams can be bought up cheap, the summer's | work being closed up and “ready money’’ being a most desirable commodity. The crews for the ‘woods are mostly made up ofthe men who have been at work in the saw mills during the summer and of farmers, who have thus “two strings to | their bow,’ enabling them to “make both ends meet.” THE COBURN LAND COMPANY, | of which the Spragues, of Rhode Island, are the | principal corporators, OWN @ Vast tract of laad in bomerset county, on which they will operate this | ‘winter, with the curtailment I have suggested | above. This land is on a mortgage to ex-Governor have not been any the worse for it.”” “What about the matter of labor ?’ “That’s quite important, and we haven't yet made apy reduction either in price or time, and we don’t intend to forestall the natural results of the laws which govern these things." came ther: then, wnat do you think of the situ- ation 1” “Our position is that of armed neutrality. We belong to no rings or combinations to ‘bear’ or ‘vull’ the market. We are doing A LEGITIMATE BUSINESS IN A LEGITIMATE WAY, We see no reason yet for curtailing production. We manufacture goods that are as good as gold, and certainly will be convertible into greenbacks, ‘The mills of Lewiston have always had the reputa- tion of running through thick and thin. There never was but the present crisis that hadn't an end, and I rather think this one will.”” Shortly your correspondent mects a plausible looking Frenchman, near one of the mills, and accosts him— “Do you work in the mill “Ou, Monsieur; dat is just vat I does do." “Do you get on any better here than you did in Canada‘? “Oui, oul,” with a shrug of the shoulders; ‘me does get de tres good wage. Dey does say dat de winter is comin’ tres mauvais, but mine over- seer Says me do have much to do." ‘There are 2,000 of these French people at work Abner Coburn for $1,000,000, and is therefore en- tirely safe trom attachment for any of the liabilities | ofthe Spragues. Neither will the business of the | company be greatly affected Dy, the Sprague em- | barrassment. The Kennebec Land aud Lumber Company, who have steam saw mills in | Augusta and Gardiner, have extensive tracts of | timber lands at the headwaters of the Kennebec, | and at the meeting of the directors, just held, it | was decided to continue the usual operations in | the woods this winter. Ira D. Sturgis, who 1s build- | ing a large steam muil at Wiscasset; Colonel H, A. De Witt and J. Manchester Haynes, are largely in- terested in this company, that nas for years done | @ prosperous business. From a leading lumber- | man on the Penobscot waters I learn that good | times will not prevent running down in the spring thawings the usualamount. Abner, Toothaker & Co., the large operators on the Sandy River, will { put the usual number of teams and men into tie wooas. So there will be logs enough for the mills | that are situated upon the MORE THAN FIVE THOUSAND STREAMS in our State, upon the running of which depends | in large measure the business prosperity of the | State. Notuing but the continued tightness of the | money market can cripple this important business. A loosening of the purse strings, a little courage, an increase of confidence in the business integrity of individuais and corporations will make the next season 4 busy and @ prosperous one in the lumber manulacturing business in Maine, What about the Sprague manufacturing interest in Augusta? may be inquired. IJtis known by most business men that several years since this city, wisiing to improve its magnificent water ; yah es on the Kennebec, gave the A. & W. Sprague | Manufacturing Company a monetary consideration 01 $250,000, besides other privileges in the shape of exemption of certain property from taxation, to induce them to make the purchase here. They came, and shortly after the dam was swept away by one of the most disastrous freshets tnat ever Swept down the river, carrying along on its troubled bosom mills that had stood jor half a century on its rapids, and bridges that bad grown old in service, This dam was rebuilt at an expense papain 3 two-thirds of the amount of the original gift of the city to the Messrs, Sprague. Then came the permanent foundation work, the building of a new cotton jactory and the enlargement and renovation of the old one, and the furnishing of both with modern and the most improved machinery; the building o! saw mils and the various prelimi- nary and foundation work, preparatory to the erec- tion of extensive manulacturing establishments in | the future, In this condition, with these mills in operation, empioying some 700 hands, the panic found the Messrs. Sprague and Augusta. ‘This property here is valued at ahout $1,500,000, and their investments have been so largely in foundation Work thatit is fair to say that their property here has brought them but liitie if any revenue. They have here a water power of 2,000 horse power, only 600 of which is atthe present time used; run 82,000 spindles, annually use 1,300,000 pounds ot cotton, valued at $300,000, and produce 7,000,000 yards of print cloths valued at $500,000. ‘This is besides their industries here in other directions ta the line of manufacturing. When THE PRESSURE OF THE PANIC came upon the Spragues to embarrass them there Was a good deal of anxiety as to the fate of their works here. But the arrangement that has been made with the affairs of the company at the creditors’ meeting is satisfactory in the extreme. The cotton mills are obliged to run on halt time for the time being, as there is no sale for the goods of thelr manulacture; but this, it is thought, will be onl; tt and that matters will soon go on in the old ehannels. the emergence of the Sprague Company from their present embarrassment seems to be identical with the growth and interest of this locality. Jt seems to be the universal opinion | here, and among the leading gentiemen who at- | tended the creditors’ mecting at Providence, that the tego will come out all right at last. it will be rid of many encumbrances that have loaded it down, To use @ Western phrase, the company have had too many “wildcat” sehemes outside of the legitimate business of manufacturing. They have dabbled in too many diverse enterprises, and this last experience and “shaking up” will teach them and others not to attempt to have “too many irons in the fire,” or to lug along too many enterprises and Jail when the pinch comes, in the milis of this city, and they can feast where a Yankee* would starve. Given bouillon, blood pudding, black bread and coffee, and they are happy. It is estimated that they can live for twenty cents a day per head. The popu- lar discourse on the extravagance of the times is thrown away on these people. They send money back to Canada to pay debts or pay the ex- penses of friends there. Evidently there is no hard winter in store for people who are so far out of the popular current of extravagance, let what will happen. ‘Bonjour,”’ says the Frenchman, and 1s off. A stalwart, (reeborn American citizen is at hand, his coat bearing the unmistakable pen-ieatber ex- terior which belongs to the operatives in cotton milis, and your reporter euters into conversation, “How do your people in the mill feel avout these times?" “Cheerful!” says he. “Idon't believe the world’s goin’ to the devil jest now. My corporation has plenty of money, and I'm happy ’s loug as they dis- tribute it. Iget my $2 a day every working day. They pay me every month reg'lar’s clockwork, and if anybody finds tanit at that and goes around crying hard times, then he’s made upof more growl than J am, that’s all.” “How do the operatives feel about it ?”” “Well, once in a while you see one who's bilious, but most of ’em say they think the mills will run full time all winter. For my part, I think it’s full worse to borrow trouble than it is to borrow money, and I DON’T SEE WHY 'TAINT ‘0. K.’ ANYWAY." Two girls are passing, and one of them says to the other, ‘They say the mills is goin’ to keep on a- runnin’, and I declare 1 believe next pay day Di o and have that new brilliantine.”” That is as Tilliant as the average political economy we get. Proceeding to a mull further down the canal, your reporter meets another agent, who says, “One of our heaviest Boston owners was here last week, and he wouldn’t hear of shutting down any way. He thinks ‘twill shortly blow over, and so do I. ‘We can't aiford to let our help scatter by shut- ting down or curtailing production. It costs too much painstaking to get help that is skilled to let them slide on every pretext; and I think that aa cold weather approaches the domestic goods, which are those chiety made in Lewiston, will be in de- Inand. Wuy, Lee by this morning's New York de- Spatches that domestic dry goods are quite active, Oar ie Gre still forwarded to selling agents as usual.” “When does pay day come?’ “This week, and the money is all ready to pay every nan, woman and child of ‘em. This dog-in- the-manger style of managing business,” he con- tiuues, “won't pay, aud I believe in legiumate | Manufacturing.’ “Is all your machinery RAG TA reporter asks the agent of the Androscoggin Mills. “Yes, and within @ Jew weeks we've started thirty new looms. 1t seems to me that it is SAFE TO MANUFACTURK GOODS NOW. A falling market will fMd a bottom, and consider- ing the tremendous shrinkage in values of the past two months ana the correspondingly heavy reduc- Uon in the volume of business done in the country, it seems to me that the immense stores of green- backs to be let loose as soon as confidence returns will make things lively in manulacturing,.” “What about wages?’’ “Well ‘tisn’t just the time now for us to talk about that question. Alli can say ts there hasn't been any reduction yet in any of the mills of this city, Indeed, the past three years there has been an increase in wages in this city.” ‘The fact 1s, all that Lewiston knows about the monetary crisis is what people read about it. Not 4 single cotton or woollen mtil has shut down or shortened Lours as yet because of the crisis, RHODE ISLAND. The Factions Stilt Fighting—The Sprague Deed of Trast Not Ready— Bankruptcy Probable=Deeeption and Fraud Charged—The Coburn Land Company in Maine Alarmed. PROVIDENCE, Nov. 12, 1973, It was expected that the Sprague deed of trust Would be issued to-day, but the execution of it is The Lowell of Maine Neither Dead Nor Slecping—French Canadian and Yan- kee Workmen Not WDiscouraged—The Prospects Good, LEWISTON, NOV. 10, 1873. Tall chimneys puffing with volumes of smoke, torrents dashing over wheels’ and through siuice- ways, the hum of moving machinery, the morning, noontide and evening bells, are sensible signs to the cursory observer that the Lowell of Maine— the city from which this letter is mailed—is neither «lead nor sleeping. Indeed, it seems that the fur- ther removed from the panicky pulse of Wall street the less the financial gust is feit, Twenty miles Jrom tidewater, on the Androscoggin River, is the most picturesque and powerful waterfall to be found in New England. That is the power which has planted in what was Wilderness, a score ol years ago, @ city Of More than 20,000 innabi- #onta—the cottou and woollen mhawacturing ty Lag) we Sm@Oth ox barnpNioUd al The moniuae Of tue . still delayed, the trustees being exceedingly anx- ious to have @ full examination and a Satisiactory construction of it by their counsel, Judge Curtis, of Boston. Mr. Thurston says to-day that it ts quite impossible to issue the deed until this is done, Notwithstanding, however, all the assurances that the deed will be made satistactory, 1 find there is yet talk that it will be impossible to so construct it ag to satisfy all the creditors and alyescape from bankruptcy is not as yet considered avsulutely cor. tain, There are still indications of MURMURING AND DISCONTENT, and the continued delay in the execution of the deed bas only the effect of increasing this state of feeling. It is now nearly 4 week since the credi- tors’ meeting took place, and the deed, it is said, should be out ere this. tional counsel gives rise to stories of fresh efivar- rassments, It is now currently stated that all was The engagement of aadi- | ¢ Sprague creditors as was at first given out, and certain dark doings are hinted at which make it apparent that ‘or ways that are dark and tricks that are vain’ the political factions or rival houses of Rhode Island are noted. What was frankly stated to your reporter by Mr. Thurston on Satur- day about these secret doings and the trap which @ few designing persons in vain attempted to spring upon the meeting is now confirmed by the Sprague orgap, Which makes 59 4 HOME THRUST at the organ of the Brown and Ives faction by say- ing, in reference to the exposé hinted at and which has become the general topic of conversation, that “‘a political cabal was created, and held its sessions during the exciting daya of last week, looking to a crushing process unless their fullest demands were met, irrespective of the interests of thousands of our traders, bankers and capitalists; but their minority of one on a certain committee did not act with the shrewdness required.” The Brown and Ives organ in erroneously singling out ex-Governor Smyth as the person hinted at as the author of these efforts to defeat the plans of the committee thus evades the real issue and thinly remarks in to- day’s issue :— Although the name of Governor Smyth was originally proposed ior one of tho trustees and he did not decline, Yet tis understood thas a majority of the comuitice al Arst tavored his appointment, but yielded to the reasous advanced against it And ven if it could be supposed that a man of ex-Covernor Smyth’s many and tmportant engagements would desire so onerous and vexatious a Te- sponsibility, it is quite out of the question to suppose that he would lay any trap to defeat the arrangemeat which received the unanimous assent of the creditors. The reasons advanced against ex-Governor Smyth were, lam informed, not on account of bis many important engagements, but trom a known and deeply-rooted personal dislike and hostllity on the part of some persons towards the Governor, and it is useless for the paper quoted from to at- tempt to explain away this lact. THR POLITICAL CABAL which held secret sessions during the Sprague crisis to lay their plans for the meeting are, as I learn from good authority, no others than some of the faction which has worried the Spragues for ae time, and the sessions were held in the well known Office or back room where the plans of that party are always hatched, The organ of Brown & lves hastened in the first days of the cri- sis to send one o! its labored editorials over the wires to contradict the statement, viz, that the banks here confessed their inability to afford the needed temporary relief; but the Organ to-day is condemned out of its own moutb, and that statement about the banks is unmistaka- bly couflrmed by the same paper, when it says:—“The banks, on application, appointed a committee to examine into the Sprague affairs, and the committee reported that the aid asked for could not be safely rendered.” This journal- istic champion of the Brown & Ives house turther says that the house was deceived, or, in other words, Was incorrectly advised by the Sprague’s when the said Brown & Ives advanced a certain loan, but, be it borne in mind, that loan was not given until THE TEMPTING OFFER OF TWENTY PER CENT was made, and yet we are unblushingly told that in this great twenty per cent loan generosity the parties to the responsibility were Robert H, Ives, William Goddard, Royal C, Taft, Thomas P. J. God- dard and Rufus Waterman, ail of the Brown & lves lamily. Thus with cries of DECEPTION, FRAUD and political trickery, it will be seen that all is not so healthy, sound and harmonious as certain zeal- ous devotees would have the people at first be- lieve. Gradually the facts are coming to light, and the showing is anything but favorable to the in- corruptible (God save the mark!) parties of the State of Rhode Island and Providence Plantations, THE WAR BETWEEN THE RIVAL ORGANS here continues, and the notorious personal and po- litical hostility of tne two houses is well illustrated in the opposite positions of these two papers. By special advices from Augusta, Me., it is learned that the affairsof the Coburn Land Com- pany in which the Messrs. Sprague are largely in- terested, have been transferred to the manage- ment of Ira D, Sturges and Colonel H. A. Dewitt of that city, and Mr. Sturges to be the general mana- ger and Colonel Dewitt the financial agent. The new board have already taken possession of the omice and are examining the books of the concern. it will be remembered that the company was in- corporated by the last Uy elton with @ capital not to exceed $2,500,000, It was vast timner land in the nortuern part of the State, purchased of ex- Governor Coburn and his brother. Among the ofticers of the Kennebec Land Company chosen on the evening of the 10th inst., are Amasa and William Sprague, and this company is hereafter to run the saw milis of Augusta, formerly run by the Coburn Land Company. The property of the latter com- pany isso situated, being under a mortgage for $1,000,000 to A. & P, Coburn, that itis pronounced ant from attachment for any of the Sprague lia- bilities. CONNECTICUT. In the Naugatuck Valley—Factories Stopped at Derby—Sound Puritan Ad- vice to the Operatives. THOMASTON, Novy. 10, 1873, This is a prominent town in the Naugatagk Val- ley. It 1s called Plymouth on the railroad, and has a population of about 6,000, solely given to Manusactures here or inthe neighborhood. The Thomas’ clock factory, which employed 150 hands, shut down for two weeks, but has just started again, The Plume, Atwood Company, makers of sheet metal and pin wire, employing from sixty to seventy hands, have been running full time, The Plymouth Granite Company have a large force en- gaged in quarrying stone for paving streets in Brooklyn, They have made no reduction. Lower down, at Union City, Tuttle & Whittemore, patent railway springs, have reduced their help to about thirty hands, The Lewis Manufacturing Company, making cassimeres, are running fall time at Naugatuck, with a moderate force of help, and at Beacon Falls the home Woollen Com- pany, employing 170 hands, are on three- quarter time. This company was straightened b: having it# money locked up in a suspende: bank. Tne Fowler Nail Company and the New York Beach Paper Manufacturing Company are running full time at Seymour, The New Haven Copper Company, employing 150 hands at Seymour, and the Douglas Manufacturing Company (tools aud hardware) are running nine hours a day, PACTORIES STOPPED AT DERBY. Derby has had the worst strain to bear of any place in the vailey. It has an extensive collection of manufacturing interests grouped around tt. All Op-rations, it is to be feared for the rest of the sea- son, have ceased at the following factories: Sharon, Bassett & Co., makers of carriage clips and axles; R. N. Bassett, boop skirts; the Iron and Steel Works, the Birmingham Bleachery and the C, A, Sterling Organ Company, RUNNING ON HALF TIME. The Birmingham Carriage Axle Company is run- ning on half time and may have to shut down al- together, Tbe Shelton Company, engaged in the manufacture of tacks, makes the same report, RUNNING ON FULL TIME are Somers & Lewis Manulacturing Company, makers of furniture, extension tables, 4c; Bir+ mingham Iron Foundry, Star Pin Company, Howe Pin Company, Wilkins Bros., paper; Derby Build- ing and Lumber Company, D. Bradley & Son, Som- ers & Howe aud W. H,&C.D. Sawyer. Though pte 4 on full time several of these establisn- ments have reduced the wages of their heip twenty per cent, The operatives of Derby are not as thrifty as in other parts of Connecticut, The local organ has this much to say on the sitaation:—‘‘For the most part our factories feel the hard times and some have discharged their hands, but we must be careful and not overstate facts. If our laboring people can so understand the times as to accept of a fair reduction of wages, and then stop wastin: hall of what they do get in guzzling bad beer ani Worse whiskey and smoking still worse tonace that wilt do no harm. Wages must come down, but work need not all stop.” This 18 pretty sound advice, and tf the English Operatives, who are so fond of their beer, and the Germans, who are such slaves to tovacco, will only practise the self-denial of their Yaukee exemplars they may manage to pull through the winter on their limited earnings. The Saving of Gas and Fucl in Running Halt Time—An Operative and his Fam- ily om $13 a Month, JEWETT CiTy, Nov. 10, 1873, There {s one large item of expenditure saved by the mills thatrun on half time, and that is the gas, At this season of the year miils running on fuil time have to light up before five o'clock and a3 early as four along in December. There 1s also the item of fuel, on which there is necessarily a con- siderable saving when the mill stands {die for three days out of the seven in the week. A crisis of the present character is taken advantage of by many of the factories to make repairs in the ma- chinery and clean up generally. There is a mili near here called the Griswold Paper Company Mill, Which manufactures book paper, and on full running time works twenty-four bours a day for 8ix days of the week. It produces 100,000 pounds of paper per month and ordinarily employs twenty hands. It is now running only one-tiird time, Which 18 attributed by the oMcers of the company i eee ip the reservoir and to the duiness of ie oa, FULL TIME AND HALF TIME. The Ashland Cotton Company of this place em- Ploys 275 hands and has @ payroll of $7,500 per month, The mill produces 2,200,000 yards of cotton cloth yearly, and has 350 looms and 20,000 spindles, It has been running on halftime since October 20, and the estunate of reduction in the expe! in the payroll is put at $3,600, The company cannot cs Say how long they may have to continue at this rate. If no worse befaila them they think they Will have no cause to complain, Ki ve convected with: this mill, I Tearaea that hie Monthly wages, running halt lime, amounted to He said he was married, but his wife had been sick for along time. His two children were too young to be of any assistance to him, and his Zz Wages, even at the uli figure, were barely able to OVER KS UMMICLE Wd Wa ladall, however, was only $6 a month, but } agreed with him that it required considerable ingenuity to manage for the necessaries of existence on the remaining seven. Slater's Mill, containing 350 looms and producing 4,600,000 yards of ticks and denims in the year, em- ao about 300 hands and has a monthly payroll of $8,500, Last August the mill was stopped for the purpose of puttingin a new wheel and since then on! 4 about half the looms have been in opera- tion, @ payroll has been diminished $4,000 a month and there is no likelihood that the mill will be in full running time this season, The Reade Paper Company, having large con- tracts to execute, have both their miils—one in Canterbury and the other in Sprague—running day avd night, The materia! they make is for eee ‘and they employ about forty hands. The Allen Woollen Mills, at Lisbon, stopped en- tirely last Monday, throwing sixty-three hands out of employment. - The mills of the Messrs. Sayles, at Dayville, Me- chanicsville aud Versailles, are all running on full Ame. At Voluntown I learn that the two lower mills of Ira G. Briggs & Co. are stopped, an’ a hondred hands thrown out of work. They both make cotton yarn warps, and will not stare again until the weaving mills at Lisbon are in operation. Tae upper mill ac Beachdale is running on three-quar- ters time, which means five days in the week, and has discharged about twenty hands. The Fitchvilie Manuiacturing Company, running 250 looms, 12,000 spindles, and employing 250 hands, ts at fulltime. The company have as yet indicated no intention of making & change. Along the Canal Road. Cugsurre, Nov. 9, 1873. Along the ronte of the Canal road from New Haven to Northampton the variety of manufactur- ing industries ls quite marked. Tne panic has not touched them seriously as yet, their business being of akind thatis not very sensitive to monetary disturbances. The Cheshire Brass Company runs on full time and no reduction of force or wages. The American Braid and Button Company makes the same report; the Mix gimlet factory the same; Jeralds & Lawton, ferules and sewing machine needles, the same; Ives & Judd, matches. better than ever before; Cheshire Manufacturing Com- pany are running three days in the week: lves, Voodruff & Co., malleable iron, half time; F, Ives & Co., carriage axies, eight hours. AtSouthington all the leading factories have closed and there are 300 hands out oremployment. At Plantsville quite @ number are also out of work. Retrenchment 18 the order of the day along the Canal road, other- wise the New Haven and Northampton Railroad, Wherever a chance presents itself to save @ dollar the saving is made. Passenger and freight tramc has Jallen off twenty-five per cent. Among the Woollen Factories—One of the Worst Anticipated Results of the Pantc—Demoralization Among the Fe- male Opcratives—Ihe Woollen Busi- ness at Westerly, Conn. WESTERLY, Nov, 10, 1873. Should the effect of the panic assume any worse phase than it now exhibits, and the mills which are running on reduced time be compelled to close altogether, the evil results to the large class of female operatives employed can hardly be meas- ured in dollars and cents, I heard a Baptist divine in Hartford deploring the advent of the panic at this season of the year, not because of the distress it is likely to entail in the matter of bread and but- ter and board, but on the score of the demoraliza- tion 1f 1s most apt to produce among the working girls and women. Three or four hundred young and thoughtless girls thrown entirely out of work in a city like New Haven or Hartford, and trusting to their own bands for a living, make an easy prey to the tempter. In the cotton manufacturing dis- tricts female labor predominates. In such places the stranger is struck by the MULTITUDES OF YOUNG GIRLS, ranging in age from fourteen to twenty, and almost invariably clad in flaring scarlet woollen shawls, that fill the streets after dark. In Fall River 1 met them at every turn in twos and threes, singing and cutting up like boys, in the most inno- cently wanton way. This sort of relaxation alter the day's dreary confinement within the gloomy walls of the factory is natural enough. Home, probably, has littie attraction for them. The board- ing house is but little relief irom the workshop, and consequently you find them in the street, where the noises of life are heard, and in which they seem to finda delightiul change from the toil of the factory. So long as these young girls are in the receipt of monthly wages, so long as they can pay their board bills and gratify their simple tastes in dress, taking a0 thought of the morrow, they are more or less contented and out of harm’s way. But the case is very different when they are thrown on the charity ol the world, when employment of no kind what ever is offered them and when THE WINTER'S COLD brings them a sharp reminder of thelr poverty and helplessness. That many are demoralized and barter their virtue for their board is not surpris- ing; but a better organized form of society would provide against contingencies of this kind. It is pitiable enough to see a strong man willing to work and unable to get the chance, but it is much more painful to see these young girls in @ factory town, away from their relatives and friends, per- haps without any in the world, penniless and out of employment, and subjected at every turn to the criminal snares of temptation. Every factory town snould have a protective asylum for cases of this kind, where girls thrown out of work by the vicissitudes of trade might find shelter until betver times returned, RESULTS AROUND WESTERLY. Somewhere near 1,000 hands were employed in this place and its vicinity up to the occurrence of the panic. The woolien milis at Mantic, owned by John E. Weden, employ 125 hands and eight sets of machinery. At the present writing they are run- ning on seven-eightis time, and the expectation is that this will be reduced to three-fourths time before very long. The Moss ANAC REE. Com- pany are enlarging aud refitting their establish- ment, but doing no work at present. They expect to start avout April next, with 150 hands and 10,000 spindies. R. F. Latimer’s woollen mill at Laurel Glen is running on full time and expects to keep on through the winter. It Geld forty men ana two and a half sets of woollen machinery. Still- man Bros’, mill been closed for over a year. The Stillman Manufacturing Company have been shut up since October 25, undergoing repairs osten- sibly, but actually on account of the pressure of the times. They expect to open in four or five weeks, They employ 200 hands and eight sets of woollen machinery, There is a mill over the way at White Rock, R. I, owned by Knight Bros., of Providence, which is running on fulltime. It is not quite certain that it will hold so during the winter. The number of hands is 150, and of spindles 10,000, At Stillmanville there is a woollen mill running on full-time, It employs over 100 hands, and has cut down their wages twenty per cent. THE ONE COMPLAINT ALL ROUND. The complaint offered by the woollen manufac- turers is much the same as the one generaily ad- vanced—that the trade in the cities has fallen of. People have begun to hoard their money, and when the circulation falls off business falls off. The only safe man in business during a panic would appear to be the undertaker or the rumseller, for every- body else has some complaint to offer. NEW YORK. Cheerfal Feeling in the Western Part of the State—Confidence Among Bankers and Large Capitalists=Resume of Sus- pensions. BUFFALO, Nov. 9, 1873, If the business men of this city are to be believed, the panic has, so far, done them but little injury, and if the wise men among them all who pretend to know just what is what in the present strin- gency and who are ablo with any degree of cer- tainty to forecast what the results of the present uncertain state of things may be, are to be be- lieved there is NO GREAT DANGER ANEAD for Buffalo during the comiag winter, The fact of the matter is that Buffalo 1s sound financially, The great bulk of its prosperity is made up of pusi- nesses and men of active pursuits, who care little or nothing for the speculative way in which the general business of New York is carried on. This city’s prosperity, it is true, depends in @ great degree upon the credit of its Eastern neighbors as well as upon its Western grain dealers, who pour into it yearly an amount of wealth that no New Yorker has any adequate idea of; but, taken as a whole, Buffalo is a sort of exclusive independency, where rich men and sound business men abound, who, not caring to profit by the general cry of “panic” in hard times, go along in their usual humdrum way day by day, and look to the morrow with no speculative views other than those which promise @ safe return. And yet there are but few people East who can be led to believe that Buffalo has not been badly affected by the panic; but, before arguing to show that she has not materially been injured by the crisis, I will go into particulars as to her powers of endurance in the way of her manufactures, &c., and 1 think tnat the showing I will give as to the ordinary working strength of them all and the comparative falling off of hands that has so far occurred by rea- son of the Onancial depression will be proof positive that Wall street derangements and wild- catisms cannot at all times shake solid nancial centres by speculative outbursts, A GREAT MANUFACTURING CENTRO, She has 823 manufactories, giving direct employ- ment to about 20,000 persons, The pig tron manu- facture alone employs 960 men, aud 620 men are en- gaged in the stove business, An establishment, engaged in the making of rolled iron and nails, has in its employ 750 men, and two general casting concerns give as a rule employment to 117 persons. THE PANIC OF NO ACCOUNT. So far the flnancial depression has had but little effect upon the general trade of the city, and the great majority of the bankers, grain men and mer- chants generally are of the opinion that the crisis has done its worst and that its effects for the Present are by no means damaging. ‘They confess realy Shae the stringency in the money market hi created & great deal of want of confidence amon; traders generally, but they assert that the sky 13 now clearer than ever, and that, instead of antict- pating worse storms 1m the near future than have already been suffered, uine-tenths of the business men are ready and prepared to go right straight ahead, just a8 though nothing had occurred to mar the general harmony of business prospects, Thad a long conversation to-day with Mr, Jewett, one of the most prominent bankers in town. and who is the head of one of the greatest stove works in the Union, all of whose shops are in the city—at least in its immediate neighborhood, He had just arrived from Chicago when I met him, and he said that out West the talk about the so called Panic was considered just so much buncombe and that the people didn’t seem really to pay any at- tention to it. He added that the crops out West were so large that there would be no danger of any panic there whatever. In allusion to affairs nearer home Mr, Jowett said that the banks of Buffalo had been, during all the New York panic fuss, as regular iv their business as they ever had been, and that bad it not been for the newspapers coming out every day with something about TUK “STRINGENCY OF THE MONEY MARKET” the people in Buffalo would have never known that there had been any financial diMculty. He added, moreover, that at the close of the naviga- tion the situation would be better than ever, and that, instead of a black outlook, the people of the city would have reason to congratulate themselves that they were as well off as they ever were, GENERAL GOOD FEELING. As Buffalo ts @ great manufacturing place and employs @ very large number of men in various departments, it cannot be denied that a certain amount of curtailing of labor, despite the general confidence, bas had to be enforced. I am happy to have it to say, however, that, thus far, there has been no serious disagreement between em- ployers and employés, despite the general necessity of a reduction, Brobenly the very best illustration I could give you of this fact is that sixty stone- cutters in the employ of the State on the Insane Asylum building, who had to be discharged a day or two because of the annual appropriation for the works Baving been exhausted, presented themselves in a body to their superintendent, and proposed that, instead of being discharged out- right, they should be allowed to work on piece work one quarter on orders and on one quarter day's pay, leaving the other half to be paid when the Legislature would make good the necessary appropriation. This shows conclusively that the working men understand perfectly well that it is now no time, by “unions” or other device of or- ganized opposition, to fight employers, and that a policy of general conciliation is the best under all circumstances, THE BUFFALO WORKINGHEN. In Buffalo proper over 5,000 men are employed in the iron trade, nearly 200 in the flour mills, 1,000 in the planing mills and over 2,000 in the breweries. Mr. Jewett and Mr. Joseph Warren and other prominent gentlemen, who ought to know of what they affirm, do not believe that during the winter over ten per cent of the skilled aud unskilled laborers will be left without work. Indeed, Mr. Warren believes that the total cutting off will not amount to over five per cent, which 1s certainly a good showing for the city’s prosperity. Now, to give you a good idea of the working strength of the city, 1 append the following table in round numbers derived from authoritative sources :— PERSONS EMPLOYED. Agricultural work..... 180 Artificial limbs, ari cial flowers,’ awis, brewerles, bakeries, Darrels, kegs and bar- rel stubs Bellows : Billiard tabi 650 boat and Iron castings... 2 167 ing. Linings and sheepskins, 150 Paper boxe Malt... 1 Cigar boxes, broom: boots and Plumbing, 99 Provisions, ryan s a Car shops.. Dress and mantles Druggists’ manutacto- Ties... . Engines and machine- Tai Besides these, in other trades, which employ as @ general rule a comparatively smaller number of hands, there are about 2,500 employés, So it will be seen that, striking the general average of abso- jute cuttings.oif for the winter at ten per cent at the utmost of the total number of laborers, Builalo Will not be very badly om, CONFIDENCE RESTORED, The feeling among the bankers and business men is one of great cheerfulness, and there 1s no sign whatever of a panicky sentiment among even tre most despondent. Indeed, the bankers and the commercial men generally say that the winter prospects do not look any worse for the poorer classes than during any previous winter, and that, 1 point of fact, in business circles the general feel- ing is fifty per cent better than it was two weeks ago. So it will be seen that Buffalo Is confident and of good heart, PENNSYLVANIA. Suspension of Large Woollen Mills—Axe Factories and Paper Mills Also Cease Operations For Want of Necessary Funds, New BriGHrton, Nov. 11, 1873. The section of country along the Beaver River, the Shenango and the Mahoning, beginning a littie West of Pittsburg, to Youngstown, in Ohio, and spoken of in a general way us the Shenango Val- ley, is one of the most interesting for manufac- turing industry throughout the country. New- castle, on the Shenango, is about the centre. Here at New Brighton and at Beaver Falls, just across the river, about thirty miles from Pittsburg, are a number of factories. The Keystone Woollen Mills employed some 200 hands, mostly females and boys, in making shawls, flannels and carpets. These are suspended in consequence of the finan- cial troubles of the time, The wire and rivet works of W. B. Townsend & Sons, at Fallston, em- ploying 100 hands, are running on half time. The file factory of Blake & Fessenden, at Beaver Falls, has between 200 and 300 workmen. This continues in full operation. This establishment is worthy of special notice for its superior work and the ad- mirable machinery, which turns out a perfect arti- cle, even to corrngating the file, by one process. The Beaver Falls Cutlery Manufactory, started and owned chiefly by the Economite Society, employs 200 Chinese and about fifty others. It 1s in full operation. The Chinese do the skilled labor and turn out very fine work. Perhaps no better cut- Jery 18 made in the United States or England, The Chinese were brought here afew years ago, and Proved most apt to learn and manipulate the work, They are spoken of highly for their skilland good conduct, They get $1 a day wages and some advantages which bring their earnings up to about $1 25aday. There was a good deal of opposition to them when they first came from among the Working people, aud they woula have been driven away but for the Economite Society, which had great capital and influence, and which threatened to close the manufacturing works generally in this locality, This Economite Society owns a large portion of the country, the property in the towns and manufacturing Poy around here for miles. it is said to be worth 1,000,000 though this seems to be an extraordinary amount. Germans, holding property in common, something like the Shakers. They either do not marry, or, if married, practise marital rights rarely—that is, once in seven years, They are pletists aad com- and perform their religious services quietly, as the Quakers do, They came here many years ago, when land was cheap, and bought a Jarge territory. This territory, then worth little, has become very valuable through settlement, the growth of towns and factories and the railroads Uhat run through it. Besides the jarge real estate property they have, it is said, a vast amount of realized capital ana ready money, ‘They bave, in fact, a8 Was said before, chief control of the indus: tries of this region, In consequence of marital or Sexual nou-intercourse the original colony hag dwindled down to some ten or twelve old men, or to about thirty men and women. Connected with them, however, there are about 160 Germans and others who came later to this country, but I do not know if these are co-proprietors in the enormous wealth of the society, They are plain people and live plainly, do not indulge in the lux- ury of carriages and magnificent residences or Vanities of the world, but they cultivate the grape, make good wine and whiskey, and drink plenty of these themselves, particularly of the wine. As they must soon die out, the question raised as to their vast property ts, “what wiil they do with it?” It is currently reported that it will be left to the United States or to some grand charity. Jn addition to the industries named there 14 the axe factory of Joseph Graff & Oo., employing 150 men. The work gocs on much as usual, ‘The saw- mills here, giving employment to 100 men, continue in operation, a8 also the Brighton Paper Mills of It is a society of AS a manufacturing city Buffaio Is certainly not WA Gis isha LO We Gi aed ALAS Nd AN UN aL a Aa Frazier & Oo., employing seventy men. A slovel factory that’ gave work to 100 men is stopped, The wages throughout aver. the Chinese, Some of the establishments are working shorter time, The suspension of labor, entirely and partially, (n this particular section, hardly amounts to over twenty-five per cent of what tt was beiore the crisis. There has been no recuction in the rate of wages. It is a curions tact that while there is a general lowering of prices for dry goods and other things, farm pean tm this part of the country has gone up, The farmers gee more for almost all their productions than previous to the financial disturbance, As @ matter of course, they feel jolly, assume acomplacent and satisfied air and stand with their hands well dow in their pockets. Nor do they let out the money they rake in, but walt to see what is to be the up- shot of the crisis, Throughout the Shenango Valley, embracing a large manufacturing region and the Lee. | towns of Newcastle, Sharon, Wheatland an Sharpsville, the workmen are mostly on eight hours labora day. While this partial suspension of industry is general, few establishments have suspended entirely or discharged many handa, The men are paid, however, only half their wagea in curren:y, The other half is paid in four month notes, whan pass in the stores for provisions and other things. Newcastle is the most prominent ma- nufacturing town ‘and has a population of 10,000 to 12,000, It has several roiling mills, large glass works and extensive planing milis. The eee mills of Crawford & Sons are very large. Some ol the largest iron works give employment to 500 or 700 hands, Though the manulacturers have kept thelr men partly employed and have endeavored to get over these ‘roublous times and money strin- gency by paying wiges in part by time’ notes, there is'a great deal of apprehension as to the future—that 1s, a9 to the near future, for every one believes. that when the crisis terminates all_kinds oi industry will be as flourishing as ever, Should the present trouble contanue long many of the es- SADT BADEN Fa 1 have reierred to would haye to stop work, There is a vast amount of coal mined all along from here to Newcastle and thence to Youngstown, in Ohio, and particularly in the neighborhood of these two places, At Canneiton and Clinton there 18 mined a fine quality of cannel coal, scarcely inferior, ifatall, to the famous English coal of that name. The painere, Renarally and unfor- tunately have aided the financial troubles and business diMculties by strikes, Many are still ‘out,’ to use the famillar term, though it is hoped the men throughout the Shenango Valley will, like those around and above Pitwourg, who also were “out,” soon see the futility of striking in these times and the necessity of resuming work. Perhaps before the diMiculties of the time are over both employers and men will sce the value of re- sorting more to the co-operative principle, or of graduating earnings according to the times and market price of manufactured productions, as ts the case with the puddiers in the iron works of Pittsburg. The surprising success of the Econo- mite Society, to which I have referred, shows what can be done without necessarily tunning into pietism or communism, by intelligent co-operative work and mutudi assistance in periods both of dis- tress and prosperity. The trouble in this section, as Oa arises from want of currency, the inabilify of manufacturers to collect their debts and the comparative suspension of ordars for goods, The farmers appear to be the only people who do not suffer, at least not here, and, indeea, as was said before, they are getting more for their pronuce and putting the money in their lockers. The time must come, and soon, I hope, when this hoarding of money by individuals, the banks and capitalists, will cease. Then, and not till then, will the country return to its normal activity of business and prosperity. THE CRISIS ELSEWHERE. ee SHIN PLASTERS IN ST. LOUIS, § The city corporation of St, Louis has issued $300,000, in $1, $2 and $3 shin plasters, to relieve the present money stringency, NOT SO BAD AFTER ALL, The Baldwin Locomotive Works in Philadelphia stl employ a force of 100 men, THE MONONGAHELA (PA.) COAT. MINES, The long strike (since July last) of the coal dig- gers along the Monongahela River having ter- minated, all the coal works are now running their full capacity, THE DISTILLERIES. As far as we have been able to learn all the dis- tilleries in New York State, and also those of the West and Southwest, are running full handed and on full time. THE RAILROADS. The railroad companies all over the country have adopted a vigorous system of economy—discharg- ing workmen where their services are not abso- lutely necessary, operating on halfand three-quar- ter time, closing up improvements for the winter and hanling off freight CS ees trains when- ever direct detriment would not ensue. WAGES CUT DOWN. The Sturtevant Manufacturing Company, of Leb- anon, N. H., employing 400 hands, have cut down wages twenty per cent, and expect to ruu throug the winter. MORE MEN DISCHARGED IN FALL RIVER, MASS. ‘The Fail River Coal Company have been obliged to discharge a number of their best hands owing to siack tines, GOOD NEWS, IF TRUE. The Hartford Zimes says:—“A number of sus- pended factories are to resume at once, and othera are prepared to increase their time of running.” DISTRESS IN THE LAKE SUPERIOR MINING TOWNS. It is reported that there are some 1,000 men out of employment in the Lake Superior mining towns, and more will be discharged, unless the present stringency of the money market im- proves. THE PANIC HAS NOT REACHED HALLOWELL, ME. In Hallowell there is no contraction in hours ot labor or curtailment in business enterprises. The cotton factory is working extra hours, and the stone a and quarries are in full blast; also the oilcloth factories and other manufacturing estab- Lshments, INCREASE OF IMPORTS FROM CANADA, Receipts for duties on imports at Ogdensburg, N. Y., during the month of Uctober, were $36,619, showing an increase of nearly $2,000 over the re- ceipts of the corresponding month of last year. CUTTING DOWN CONTRACTS. The Hazard Powder Company, of Hazardville, Conn., have notified all persons who have agreed to furnish them with wood (peeled alder, &c.,) that, owing to hard times, they shail take only seventy-five per cent of the amounts contracted for. art of the works, including ten “wheel mills,” are now standing idle, and a furtier suspen- sion 18 probable, A MANIFESTATION OF PLUCK. The @ocheco Manufacturing Company has issued a circular to its Dover (N. H.) operatives, staung that although “the times are out of joint” and the company can purchase goods for printing at con- siderably less rates than they themselves can manu- facture them, still they propose to stand by their help, keep their mills running on full time, pay the usual Wages, and only ask that they practise the strictest economy in their work, so that the loss, if apy, may be reduced to a minimum, FARMING MACHINE FACTORIES IN FULL OPERATION. The Aultman & Taylor thresher factory, of Mans- field, Ohio, will give employment during the winter to all their old hands and many new ones. Messrs. ‘Aultman, Miller & Uo,, at Akron, Ohio, manufacturers of the Buckeye Mower and Reaper, employ about 275 men—their usual number. No Action a8 regards cutting down wages or workmen has as yet been takens THE COOPERS’ STRIKE AT TITUSVILLE, PA, The Titusville Herald, of November 7, says:—The strike of the coopers still remains in sfatu quo. Mr. Cornelius Powers was visited by a delegation of his former employés, Mr. Powers was unable to offer them any better terms, and no arrangement could be made consequently. We are informed that at the price of material now the heading of each barrel costs forty-two cents; staves, ninety- SIX cents; hoops, rivets, &c., forty-eight cents; mak- ing, at the old price, filty cents; delivery, three cents, making $2 39 for every barrel made. He claims that even with the deduction made he ts still unable to make the barrels for the price set by the refiners. Many of the strikers have left town to seek employment elsewhere. MORE ABOUT THE KENSINGTON MILLS, IN POILADEL- PHIA. William Hogg, Jr., carpet manufacturer, em- ploys, when running full, 100 hands, and one-hait are now at work, Dornan, Maybin & Co., carpet manufacturers, have 108 jooms and employ 160 hands when full. One half the number are working at present in clearing up stock. Gillinder & Sous, glass works, employ 250 hands and are running on full time, They expect to con- tinue #0 through the wintet Irwin & Stinson, manufacturers of cotton and Woollen goods, have 244 looms, and employed, whem running, 260 hands, Shut down completely. Ivins, Diew, & Magee, carpet manufacturers, have 43 looms. When full employ 50 nds, Ten looms are now in operation and 16 persons are em- hoyed, 4 usselman, Sunstz & Lyons, carpet mannfac- turers, have ‘Oity looms and employ sixty hands When iui, They have at present Jiteea hands at work, D, Jackson, carpet Manufacturer, has nineteen looms, all working, with twenty-five hands. Nw reduction 10 hands, but reduciion in wages, as is the case generally in all carpet manufactories, Joseph D. McKee, manutacturer of knit goods, shawis and hosiery, employs 150 hands, working om three-qaarter time, Will continue to do so alk winter. Stinson Brothers, carpet manufacturers, have thirty-eight looms and employed forty-tive hands ‘They have shut down entirely, White & Co., manulactarers of cravats and shawls, have fifteen looms aud employ twenty-ive hands, Work suspended, Join Hamilton, manufacturer of carpets, has eighteen looms, and employs twenty-five hands tm running them on full time in working up stock, David Jameson, manulacturer of Venetian car- Pets, has twelve looms, five of which are running. About hands only are employed now. J. Slaniey Brunner, manuiacturer of cotton yarns, has 2,700 spindles, employs fifty hands, work- ing on three-quarter time, ‘orter & Dickey, cotton and woollen warp, have 500 looms and employ 400 hands Whea renning. Stopped completely. John Scanlan, manufactarer of cotton and woot. len goods, hus sixty looma and employed forty bands, Shutdown, Kobert Mairs & Oo., cotton and woollen manufac- turers, have 100 looms and Cmviaycd SLbly Lauda Bi ROR ITAL Weddle pur cuailedy