To the 10,000 New Englanders who work in the great Amoskeag cotton, wool and rayon mills at Manchester, N. H., came last week two welcome announcements: 1) All disputes about last winter's 5% bonus have been adjusted; 2) The company will assume responsibility for its employes' deposits in the $11,000,000 Merrimac River Savings Bank which recently closed its doors (TIME, June 23).
It was amazing, not that the bonus dispute should be settled, but that a bonus should be paid at all. For many years
New England textiles have been notoriously ailing, unable...
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