Rockingham Mills to Cut Pay by 15%, Nov. 24, 1920

With fully half the cotton mills of the United States shut down, many of the remainder running on short time, with greatly reduced wages, it is refreshing, and speaks volumes, for the management of the cotton mills surrounding Rockingham that they have maintained full time. They have continued operation on full time, even though by doing so they operated at a big loss. Effective next Monday these nine mills will inaugurate a 15% reduction in wages, but will continue full operation unless perchance business conditions should later become worse. (From the front page of the Rockingham Post-Dispatch, Nov. 24, 1920)