The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-11-24
THE INDUSTRIAL CONGRESS.
Second Day-Morning ssssioa.

o'clock DR. Yoang In the chair. The business transact
principally the conEid srasion of resolutions pre-
scented by the CON init ee, as follows
8 Resolved That all intermediate third parties or
20 etweens who thrust themselves between the pro.
Queer the consumer entirely nonesscntia TO the
Of the aborer and their interference shoad
be dispensed with as room "a practical ADOPTED.
Resolved, That the laborers and producers OF the
wealth q the world should form such ASSOC atoms ana or
carnations TO themselves exchange with each oher
the products Of their own labor. Adopted.
That ~ one of the principal means by which almost
the entire profits OF the Abore diverted into the
pockets OF the rich men-merchanu and speculators-m
the present system currency and banking, therefore
II should be Rbrogated, and Q method or medium q
exchange established baset upon the results or products
OF labor, and not upon gold and silver.
Mr.. DAVIS did not approve OF the condemnation of
pecie.
Mrs Rosu approved of the doing away with paper
ney but she considered gold and silver good currency
she thought the interchange OF products evil especial
ly in cities.
Mrs sYNEs considered the value placed on gold and
silver artificial.
Mr. SECRETARY THOMPSON explained the present banking
system, stating that they issued bills amount OF
specie supposed to be In the bank, but which was not
the cse and when wanted during panic no: forth
oming. This would be the In city he thought
before next Saturday. he could judge from Inc present
aspect Of the tmes and fsarea that there would be
refusal on the part Of the banks 70 pay specie for o
when presented.
Mr.. DAVIS was for doing away with bank paper en-
tlrey. at was OF heli's birh-inurous to all" Gold
and silver the product Of abor therefore the
change would be product for product. The metals ato
formed tie currency u the whole world. he would
therefore move an amendment, % follows
whereas, banking inastsons powers for mischief are
vastly increased by the authorities o. the state recog
nziDg paper money, whose uuhallo-ed expan.
employer, and sport wiki the property aud lives Of the
laborer; be u therefore
lawful currency be repealed that Ia future they shall
rest upon the same bass as other Institutions.
Some lengthy debate ensued, Ia which Mr. Phillips "a
hard working MANI ana Mr Williams took part Inc
matter laid TIL the in conseq aence OF
vote of adjournment being carried.
AFTERNOON sEssIos-THREE O'CLOCK.
Mr. DAVIS contended Tor hs sneo tment, and after o
short debate II was adopted.
The sixth resolution was ADD pied, as follows
Resolved, That by the term sDoreF mean all who
contribute to the welfare OF humanity either BY useful
mental or ply sicAl service
= The present system OF land tenure, by which CAPT
tasts and spccuators allowed to nonopoze and hold
large tracts of andthus depdsng ne poor isborer OF
me means not only Of povisns Tor his own sussnance
feniay and radically wrong, aud should be wholly AMI
entirely done away vita.
Mr. LAsGTos, OF Rutand, Vermont, proposed that the
taxation Should be taken Of from articles OF ptou
and be placed directly upon annhoders In graduating
rcaeon dollar per acre on the owners OF 70 acrcs one
and bali dollars on the owners Of ten acres two doas
per hundred acres under, Ave dollars per
acre on i've bundred acres or under and twenty I've dot
lara the OF larger estates This would
prevent the monopoly a the soil by capitalists as they
could not roy the taxes.
s. Tnst The public lands unaod should held FOR
tho of actual settlers only and that they should be
Client themselves and families they
held by them and their successors free from any
liability TO alienation by process Of law for the collection
81 de3t.
This resolution caused debate and the folio
amendment was offered and adopted
Resolved, That the unsoli national domain be
served for the Of actual settlers (lot possessed OF
other lanos) In limited qusntes free OF charge and the
came shai be exempt from sale o the collection Of deots
nc MIR Glpft 0~t EguAan al foil
Resolved That state homestead exemp on 10 should
be enact d, by which the homestead, together with suf
hceni quantity of and for the sustenance each fam
should he exempt rm any and al processes OF Law for
The collection OF debt
The tsnth r.outon r,rucE out after short debate
being repetition OF the last two
IL Resolved faet Of The undrNeual principles Ia
the government Of alt states and communit shod &C.
That 'n the rights aud immunitles OF the pco
pie, msn and women should be absolutely entirely
eqla and should have al equal voice In the enactmea
ADMINISTRATION AID execution 81 all 10 Va
etgihy debate lne rights Of iaed sni the
resolution was adopted by mesc majority several u
tie Congress not voting ut all
IA Resolved, That ali the Industrial Avooa. lous aad
pursuits OF o should % opened 10 womsi, fhe being
sole jaoge, NJ her brother s ~ 70 her reeren
qnancaNn and ability 70 engage 10 any inius.riI pur
sui snt that In all a,css rho snoGld receive al co
amount Il oompeDsa Ion her brother Tor
amount OF time aud service rendered. Adopisi
- That VITA equts ,lc system Of exchange am,us
PR ducefs Of food, artitaus and mcchani with eac1
other With just system Of currency aud bsnkos basel
upoa The pofucis OF LABOR With the right, OF ever h
man beng 10 The use OF Sufficient land fos tneir
enarce guaranteed and made iaalisnabe by any pro-
G, - of law for the collection Of debts. Adopted.
Ii Whereas, ths useful cafses sorciy taxed by 4
cas. Of men kuoSn sacsrds, employers traders an
bsIkers, be Il therefore resolved That this C1psrcs,
tAIpsfty recommend 70 the sorkng classics aud fronts
Of justice Ia mite with the Common cailn The simple
practical aud efficient method proposes for tue removal
o. the above aired superuo1s and offensive sppcr age
10 socety ADOPTED
IS whereas, municipal, State and national 90 ~
csp,aiss whoss cbes, aud supposed Interest IL is 70
make the laws partial Intricate and vcSaiious aud
whereas, zee present primary system presenting can
dicaies has bc,omo disgrace 10 chsra moral
and incliigen. people, De IL therefore resolved,
That ihe useful working ci~ses are hereby advised u
unite 10 political associations 20 a. To honestly seoc,
ddsles ard IN future officers from ,ser rsu q
who properly understand tho interest OF ,or will
Mrs srsses .ad D sss The csc Of N.
ce.y was for Advancing ,hs oo.ncl,i position Of The
pse shs Vas no. Of H. her name ssnesree
After some debate tho resolution was adopted IA,
meeting 40 burned tll seven o'clock p NJ
RvEsSa SESSION.
The session opened a, ha past seven O'clock Dr. saod
grass (presien) In the chair. Tao meeting vas vel
attended.
nr YorSG said that IN the prescnt stats Of society the
working stood in daily danger being thrust oui o,
employ ment By thous ands in consequ or capt ass
having for them The further consequences woli
then be- bad been before sha, those out d eanoy
would Wy . underbd iho.c 10 work, ant the rCsaft
quarrel Ike two dogs over csrcase Of deaf sheep u,oa
the prsirice"
Mr. Ro~nvxrr said that capitalists, by meanB OF the
present system Of banking the cause o. nacty.
seven ger sent OF tho merchasts falling such men 4,
andre.h, who had gained their money By ssIiog ps,
started bank. "a volce-"whch IL broken - Il
~ It'd not know IL, but there many others like a.
These banks BY expansion induced merchants mpor,
goods tmse 10 the injury OF the native proiacor
1hese GOODS became q drug the market Money u re
CURED 70 pay for them They apply for specie The bank
breaks then there panic The whole system rotten %
The core he had discussed the thioe pnbicly with
Greeley but he In bis usual scnse cf Iusticc s
ooue before the world In paper Then mpro,r r.s
OF machinery was 90 evil Goods made faster thaa
OF sumed: too much ieft on hand tails produced a
uagrator aud panic After further remarks he SAID:
"Choose honest men r. oil your legislative halls noa
mere sponterr. When men good for nothing else
they sere ether maize mini.cr, lAw3 cr, teacher or
esRlatorn After MAKING sone prop lsil,ous nd 4,
chstging the present monstsry system,
MI PHILLIPS rose and made very lengthy speech. He