3,000 Workers at Cone Mills Have Wages Cut 25%, Jan. 3, 1921

Greensboro, N.C., Jan. 3—Cotton mills of the Cone interest, employing 3,000 workers, today announced a wage reduction of 25 per cent. The company also announced a reduction of 25 per cent in the prices of merchandise handled in its stores to supply the employes. The cause of the reduction was assigned to lack of orders. (From the Hickory Daily Record, Monday evening, Jan. 3, 1921)