New-York tribune., 1872-05-22

tho onoration of the blast furnace placed upon
settled foundations and two continents nave Deeh nu
his debtor n debt which you will gladly join with me IN
recognizing on the first suitable puDhc oecasloh MS WIN
has 9rcrred since tho completion of his great worh
Having thus briefly traced out the mission OF scehce n
our day TO bring capital INTO pIOuucuNc ,hr NOT
eainst eanita but against its ignorant administration,
and to make commodities cheap LOT @ Ino IN con.
cnsioD sketch the picture which viii be at tae
beginning OF the next century, when our inp
with tho area OF the country and tne extent Al w. o
resources. AS VIII DC inc eTno d ,eI @ indSsry
will II be the initial point of our iron anu % seea @ f IsRe
ON the shores of the Hudson River, the ores Vi 81 Tie
hampsn OF the Valleys yG,t ., and SewJerscy viii meet
the anthracite Goals Of Pennsylvania upon he ~
great metaurgeal center Thence the Gs Gh nj of the
tending across NewJerscy and follow ing the pan DSAI 90 mo
by the margin Of the coal fields along e bic extend
magnetic hematte, and fOssiferons ores "hSn i
g gaTona TeSnSssee Georgia and Alabama, nearly
20 Gulf that the light OF IuinaSe % liz 81 oxer
Geo ,Siles Hence turning the West, Mssour Ken,
tucky, Western Tennessee ONO, lhGsha, & anu d NILS
fed by the admirable fuel OF the lheAhaust@iUio @
coal fields of the West ana the & suIelG Iaters Oi Of
the great lakes VIII reflect the hames rI WnSi, tSe
M ig5a up ros rns Pacc the coal
and iron of that hitherto trackess region, VIII ioIi s
bnsy cities and teemng farms The west coast WIZ not
be behind in the but an IRON industry uolc W a.,
bic than its mines of gold and silver will yet supply us
Which modern civilization rests. The growth OF thls
vast Industry win be accompanied by the sehoomaSter
the preacher, and the physician. Homes OF wheh
human nature may be proud WIN DO hd IN hand ~
wake labor and Christianity Will lnarch hahu III @
binding all interests and all classes so haImohl9usE anu
ndssoubly together, that peace eh9 gOOu WI tb ne
tween capital and labor shall prevail tbrOnghout lhe
land forever. Gentlemen you are welcome 10 No" ioIA
At the conclusion Of the address Mr. Raymond also ex
tended cordial welcome TO the members. We are al
ways sure said he of pleasant company wherever Wego
because we are so glad each other At the same
md r,riy 4
words that hay been spoken TO us on behalf OF the
CITY Of New-York could not have fallen from hitter
lips than those winch gave them ulterahee'
The glory Of New-York lies, not In Wealth
and power but in the uses OF wealth az"
power, and in their influence upon civilization, eduea
ton and manhood. These thoughts arc not foreign
either to the in which we aye engaged or 10 the
place in which we are gathered only need 10 lnen'4n 3
Peter C..cer's wise benevOence, which reared inc
Cooper Union in aid OF scientific and practical edueaton,
TO gain your ready assent to my statement HGsG iip
before you leave town you will take occasion 10 s
every part Of this Cooper Union which mas hoV I'S
Ian free to say that in my opinion II do nothing
than to make perpetual eonrloutons 10 @
shall set in motion FORCES tne result oI 1ed IN
| the indirect though important, lnnuchce "HlOu VI.
papers and debates must necessarily In the course OF
time exert upon the general public and the laDorns
and reioiced that the Society had been in the habit
of spreading its proceedings before the public we 90
not gather here like ring OF specuIators IN "
make pOol" OF knowledge, as they say down mere
i'm Walst aughter and then and operate Wlthlt 70
our own exclusive benefit We 40 not e4oIude Lo.n or @
DToeson either those VINO have not yet come into our
ranks or the public at large We are not jealous Oh te
benefits we may be accidentally conierrns upon our le
| low tApplalse.I . . A.. 1,,oi,
| Mr Raymond then read the report OF the Council,
showing the number and The nature OF the papers read
at the four previous meetings ana that tnefe is a
in the Treasury of $40, exclusive OF ices pau l1I
tho coming year. The report was UNANIMOUSLY auOpteu
Raymond also read letter OF thanks ioIn tne lae
President for the KIND expressions OF regret by the mem
bers that he is compelled 10 resign his position through
| failing health and advancing years. - -,
Thirty three new members ana associIies WY tea
| proposed and elected unanimously. Tie following
| papers were then read: ~, ,., 8,
By p Prime IT,, Of lafayette College Eson Pa Ige Mes1s &
@ Value the Lgne the Far Nest by Anton Eers oi s
civ Block Coal and RyA Fuels By j. Alexander
/ oi Philadelphia --,-.- -. ~
Tomorrow informing the members will visit the Institute
OF Technology at HObokengoing IN the afternoon 10 Caso
/ Point Friday morning tney will make excursion 10
aetts Point to see the excavations, and the workings
of the diamond dnn. They will also visit during the
| wees the bridge caissOn on the New-YOrk side.