, 1866-02-23
should prospe.-th.t al, the .rt. which .dosn ana

bhould prospe7-thst an the srts which edotn md
beauttiy lIe shu1ld flourish there.
One word nose-for do not Ntsn 20 Ia. 1sn'n f9n
in regard to tbt doctrines utdc1 "0A6n LAa u
eouch, 10 be prrtsed upon the Ames1ean pcGnIe.
Why asu you 10 over1hrov yonT oMn systcsn! Why
srs ySn e Spen pfs Bsa,s yea wl 5
sblc 10 cct your goods cheaper BY 20 dong. That
!. III. 1besr /. ILLUSION here want You to IN
dcrefsnd Ii. and briefly. and In a. few words a.
can, want get ibis idea into your mnds before
II 1Sis idea Of chcapne.s l. confusion and osen
uttaSe IL meme minds from moi understanding
What really eouslitutca cheapaeas. a thing rnay
% cheap according to the money staDdard. when
ii il really de1r9 becanse money Is merely the rep-
me ilinttr1te by one example, suppo4e th.t coi.
ton goods ase selling II fssy csu.s per yard, ana
tuppoaS at the same time tnat corn - felsne at
a. that stale Of the market buys a Jsrd Of cloth,
FOODS oos.ha'i, % = to 6rine down The psiee to
'Ss pf'ce oi ssn' corn ''s and aa&a ths,
10 nhy cents. Thea .be ts1,ner Who's Whose Labor d md
capital consists in what be raireE has to give pre-
for yard Of cloth With cotton al IS ccuu1 7ard
thai he doer 1t 80 cents yard. Then Won v1i{ fac
II once be is 70 richer for the fall ia goods--the
gone down one bali according to The money stand.
ard, because at the came time the acr1cuturaI pro.
ducte which constitute his real wralth-tnc pro
ratio md be gets no more thsn be rot befose. @ Ia
order to make = hing desre. or caeaper, II
depends On whether the things We raise
value or not, while The olhr thing e being reduced
What Is the effect Of repeal md trre trader To
haeak down yonr manufacturing eystcm-to lower
one quarter Of The people were engaged in msou-
featuring. and you break down that manufacturing
e,stsn. and that quarter thai now eat up the corn,
market ior The tarme1s, should a. once tusn and
become producers. and TIL the soil Il lust reeort;
then you have increased the number Of those who
4 trms Of mechanical employ mcnt, and lie prcc Of
aRriculfural products must come down.
TheIcfose, bile apparenty The price Of yonr mar
IN reality you wond b poorc1 for TIE III. he inev.
liable effc1 and result OF the destruction Of your
industrial yrtem. The reenit would be an enc1.
The country, which would terminate IN a faii Of
prlec and hrn,ess instead Of becoming richer,
would become poorer ever, day. That Is The
which ias followed every time |. has been r,ed IN
this county. Don't let us mike anothc1 fr1al We
hsve been eaiely carried through this great was,
becn carried shronch Il by tie labor, by the work
by the genius and skill OF thoee American mechan-
ics who have forged the arms and provtd-
10 70 on With the struggle. In Gods name when
these mechanics have furnished nil theae means 10
The country to casJ On 1hss wal, don't let At the
acroee The watcE, that well afford to spread usit
th co)d IN all directions II II get market here
10 break down and destroy aud tuln these very me-
chaulcs- the 1ndnstria: population tbst has constu
TED The very bone and s,new Of the country during
this great conflict. {Grcat appiause.)
Col. Dan,els then submitted the following:
Reso!sed, That we do hereby organize ourselves
into society to be styled The industrial Union Of
Chicnco," with the following otfcers:
Preside9t, Joseph Medlll !; First Vice President
4 c. Hestnc Corresponding Secretary, E.
DanIelf; Recording Secretary. Col. jacobson
1fea:urcr: James Il. Bowen.
Rk1otned. That this meeiin. adjourn subject 10
the call OF the PEc6lncni.
The resolutions were adopted, and the meeting
then Adjourned.