The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1869-12-06
THE LATEST L4BoR NEWS.
Important Lnbor Meeting In Washing
ton-Idens on tho Currency.

important Lnbor Meeting in Wnshing-
ton-Idens on tho Currency.
1t is announced that following the Labor
Convention or Colorcd Men, TO meet in Washing
ton to-day, the Advisory Doard OF the Executive
Committee Of the National Labor Union will come
to Washington on the Sd OF January, anu remain
during the session OF Congress, with the view OF
influencing legislation upon financial questions
II Will bc remembered that the National Labor
Congress which assembled IN Philadelphia last
summer, adopted resolutions In favor or q paper
monetary I System and free banking. It is under.
stood TINT their Views were embodied, TO great
extent, In tho bill introduced by tile Hon. A. ].
Kuykcntlall, but have 8lnce been elaborated, and
to secure the more efficient working OF their sys.
tem. Tile committee having this measure i'm
cbharSc fb are enthusiastic in Its support and claim
that large majority OF the people Of the West ts
with them. They claim TINT II only needs discus.
siop to succeed. II is held that the central Idea
Congress the power TO control the rate OF Interest
on the national bonds, and by this means to rcnu-
iaie IN all business transactions, and this Is the
lated. The law declaring that 23I grains gold
shall bo a dollar does not regulate the loanabe
The rate OF interest it Is cIamed, determines : the
Valic OF money and gives It the power to accu-
he or ,hf OF n6O
OF inc flvctWenty honds In grecnbacks, &C.
cordng to the terms Of the original contract and
tional bank currency. Instead OF funding tho
debt according to the terms OF the Sllerman bill.
they would substitute General Butlcr's cOnycrti.
BILE bonds at low interest Which, IL is assumed,
would forever obvatc :arcity or money. In
support OF these Views the forces OF the new labor
movement will be marshaetl, and they are oil.
ready very powerful.
l. abor News In Brief.
Berlin has Wornan's Labor Congress in session
this week.
a meeting OF tho officers and members OF the
different trndcs organizations OF New York was
held Oh Thursday evening, and took action i'm
favor OF cooperation.
The Carpenters' and Joincrs' Union OF BROOKLYN
have Introduced new feature Into their associn-
tion, TO provide members and their families with
medical aid, and In casc OF death sum OF $50 to
be paid TO the members representatives.
During the thirteen working days ending
on the 30th nit, the Castle Garden Labor Ex.
changc found employ for cas- males and 4l2
females, Mt wages averaging $I2 90 q month for
the former, and 50 60 for the later. There were
1920 applicants for work, or los In excess OF the
t0tnl number OF orders received from cmploycrs
The report OF the Second Union CO.oucratIye
Building Society OF New York statas that the I'm.
come for the pnst twelve months amounted 10
S27,oGa OF which sum 81, 400 had been advanced
10 eleven members for building purpuscs. ana
$si4o had been returned to Withdrawing MON.
hers Tho balance In tho treasury Ia SSH. This
would give $3.50 as the incidental expenses of the
society. THIS amount seems high, and all bull-
Ing societies should carefully avoid petty en-
penses, since they reduce tho savings to an a.
most incredible degree.