Publisher's Synopsis
This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1911 edition. Excerpt: ...following year, causing an estimated loss of $4,500,000 in wages. Work was resumed following a conference in January with Governor Douglas at the state house between representatives of the manufacturers and the operatives, at which he agreed to investigate business conditions in the industry and report a margin between cotton and cloth on which an increase in the scale of wages should be paid. On his subsequent report a system of wage dividends based on the margin between the quotations for specified quantities of cotton and cloth went into effect, and continued until July 2, 1906, when the wage scale prevailing before the strike was restored. Approximately 7,000 persons removed from the city during the strike which, however, had been marked by uniform good order. The census in the spring of 1904 had shown a population of 113,602. That of 1905 revealed but 106,645, and it was not until 1908 that the city regained the ground it had lost. Important changes in the local banks had taken place in 1903, following a state law which forbade national and savings banks to occupy the same offices. In February of that year the Second National, which had rooms with the Five Cents Savings, was purchased by the Metacomet National, and in July the Pocasset National, which occupied an office with the Citizens Savings, and the National Union, which had been associated with the Union Savings, merged with the Massasoit to form a new bank know as the MassasoitPocasset National, which occupied the enlarged banking rooms of the old Massasoit National Bank. In the same year, 1903, a beginning was made in the laying of granolithic sidewalks, under a betterment system, which has become very popular, and has done much to improve the appearance of the city. The...
