The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-05-09


facturcrs held yesterday afternoon at room No IL
House. the purpose Of discussing, IS stated IN
the CALL the present condition Of tho industry OF tho
country and TO advise upon the best and most practical
Of arousing public attention 10 the "backward
condition of the United States taking advantage OF
her Industrial resources"
Mr. Peter Cooper called upon TO preside Mcssrs.
williams and Reilly appointed secretaries After
calling the meeting TO order the chairman spoke ~ fol-
lows
GEsTIgMEs-while offer you my thanks for The honor
you have conferred allow mo TO say that this honor
would have been properly conferred on some other
ana ADLER man. had hoped TO have had Inc pleasure OF
meeting that social philosopher
and wise economist, Mr.. Cary. am informed THAI We
are to be deprived Of that pleasure He has however,
addressed to US letter. that viii read Our country
and the world more indebted TO Mr.. Cary than 10
any other man for the elaboration Of those great prnc
pies OF national policy the application OF which
our national prosperity must forever depend Thai
wise policy proclaimed by hm-a policy that aimed
Of our country its most convenient and profitable
market, and at the same time, to secure tho
10 utilize every good raw material produced IN our
country This must be done the only practicable and
efficient to promote highest welfare and at
tho time secure for countrya true industrial
independence Since 1t b your pleasure that should
efforts feeling assured OF my inability to do justice 70
the unmeasured importance of this occasion We have
We best tho
common country, whether they be agricultural, mer-
camille, mining, or manuacturing Tho time 10 hitting io
conference this All friends Of domestic industry
deeply concerned for the national prosperity, and
for the stability Of our country well then, that
should meet in earnest council TO deliberate 70 the
calculated TO revive dropping industry
and guard against the efforts being made-and re-
greet say successfully made, that trade commerce
and manufactures have been made by imitation OF
paper money and by the vaclatng policy Of the
ment more game OF chance than sure reward for
honest labor with national debt OF more than two
bllionsthe price we gladly paid 70 preserve the life
and unity OF nationand weakened by the loss Of
nearly ialt n m
war; with third of country PROSTATE and bankrupt
showing tho sorrowful results OF erroneous opinions
country having just passed through the erandest
and most wonderful revolution recorded in history
by which the Union has been preserved and sav-
now 10 perform delicate and difficult work OF recon
strncting States impoverished by war; who need help
and to enable them by honest efforts 70
devotion resources recuperate their strength ana
retrieve their losses. We meet here, gentlemen, ON
mote the productive energy the country Our objccs
IL in tho of the invitation we have addressed 70
The advancement OF any particular section, for The
universal enlightenment OF the people ana the commen
Welfare o. the sSsrs. oe % 9sye masrs sec
ing our Common interests as American pro-
ducers recognizing that al American p!cdacnons,
corn of the prairie, TO the most elaborate mechanism
OF the machine shop arc one IN harmonious interest.
remember that an effects OF which complain the
result Of causes equal their producton and that shs
tonai prosperity must be found wise well directed
aud Thoroughly diversified system, for the industry
wesltH Comfort and civilization Of q naioA IKE sys
tenn OF well directed labor. or0 u no cause thai van
hole neors IS the adoption Of iathery course Of leg
slation by the general government OF our country
| should De such . goyeFnmcnsai acsos a :
Justice and promote the general welfare Of ali
his children The proper business Of parecsl gov
eminent will always be TO gather the wisdom OF the ageB
in order to guide and guard tho nexperence Of youth
aud those who for lack Of knowledge are In danger Of
1S0f..
ire,y regardless OF evils that inevitably result.
There IL nothing that will eectually promote wise
and we'll arranged system OF labor az natiopa policy
that win render sure tbs rewards Of labor to she head
and hand honest industry and patient toll national
policy intended the proper rewards 10 labor
was provided for by the letter spirit OF
ton under which live IL was by both It's letter
o sps 70 Standard Of weights and
nut "to coin money and regulate the value there
Of" This was man'festly made the nrst and mess
to establish justice and promote the general welfare
without creating standard o. msssnrs Tor the sonvs-
the part Of the general government 70
s ss p AZ Uy x 70 c0n r. sss
measure, weigh and exchange al the products OF labor
this failure on tho part Of the general government
that which their individual capacity cannot fur
nsh themselves 1t was 10 the toleration BY ths
general government that allowed individual States, IN
violation OF the constitution issue In the shape OF
paper money that all inents purposes
o ols = 10 ,eSc in payment q their dsss il Z here
that we must look for the many Of the eyns
as rendered the high iaris indispensable % MAINTAIN
the interest and Of the nation that draws its
strength from The industries OF the people Tariff should
~ hs or low in proportion 70 the amount Of gold shas
required purchase days labor In our country,
COMPARED with the amount n Of gsld TIA. r porc.sss
high tariff grows out OF the fact that the imitation q
the currency by the Of paper money, and the ssr
rbc OF hayo increased the prices az al
| property, and that the markcts Of the world
literally closed against profitable sale OF Americas
nsst
ever may have occn the causes Of prcssus an
cutes and dangers, u our proper business - prs
circumstances, IL Is wise for 70 do Ne husS
that volume Of foreign goods flowing into the c0un-
s. % u s s %s the
imposed that the labor u the country " IN
dsranged and unnatural condition What most 70 be
regretted Is that wise and patriotic people seem
TO think that on buying foreign faJrics ana
leave our good raw material unused and our own
aDor unemployed It Is vain for 70 deny the possible
danger that NAV result from the unnatural state and
condition of all property and labor Il will be proper
for recommend such course ~ will arouse the
attention Of peorc the necessity for .ns aaopso.
Of that will guard AGAINST tho possibility Of
repudatng national debt by keeping alive and sctivs
ali energies OF the country s Tor this purpose lisa
| convened, aud will proceed 70 busincss.
facturerr and political cconomIsts expressing their
desire OF the movement being organized against Ire
The following gentlemen we're appointed as a commit
tee from the meeting 70 report ticket for
officers and plan Of reorganization Hon. d. J. Nor
y
| rcnzo sherwood and Morton McMichac
Representatives from Massachusetts New Hsmpshire
Vermont, Connecticut New York, New Jersey, Penn
syivana, Delaware. Maryland, Virginia, Georgia. ren-
nessee, Illinois, Michigan asd other States announced
4 theirsnames.
Governor Perpoint, Of Virginia, said he reprcsnnssd
che manufacturing interests OF tna state where the peo-
pie beginning to become alive TO their Interests IN
the promotion OF American industry. They alrsady
putting up rolling mill there, and no the GOOD
work would progress rapidly
Mr.. Archibald W. Campbell Of Wheeling West vr-
gnia made interesting remarks about thc condition
OF trade there and concluded by announcing that IN
| presence merely accidental
Resolutions were adopted recognizing protection a. a.
scna % the industrial interests Of she country in which
shc Manufacturer merchant mechanic and farmer are
alike Interested In reference 10 the existing conflicts OF
capital and labor the following resolution has special
bearing
That one % the objects OF the association shall be 10 pyes
s'c INTO we existing relations OF capital labor and
rro scn as may seem best calculated prevent