, 1874-02-21

! Nj, FABLE
then said few words in which be stated tha
| the manufacturers down in New England anG
| elsewhere would be glad OF some system tha
! would bring the producer and consumer in.e
business contact, without the imposition OF com
! mlssion-men, OF go-betWcens. One man il
| Lynn, AIass., had said to him not long ago that
| spcculators were the ruin OF the country. They
had the monoy, drawn from the farmer. the
manufacturer, and tho workingman, and with j.
they were enabled to food tho market with
! worthless goods. For example. he had shipped
cargo Of boots and shoes to the West, ut the
! order Of cash spectator. In two or three
weeks he Was notified by the Western firms that
| tho goods sent wcro Observation-Disclosures
worthless. $751; What was their comment ont
| West7 This:' "Tho thing a1l comes from.
| dealng with these woodcn-nutmeg Yankees u
| lLaughterl. Now, the fact Of tho matter is.
! that tho specu1ator would only pay so much to
| the manufactnrer and tho latter, to save him
! self, was compelled to put up "one-horse y
goods, while tho speculator sold tho stuff ut
iirst-c!aBs prices, thus killing tho business repu
tation Of the manufacturer, ind chcating the
! working consumer by deluding him into paying
Lis money for worthless stuff. That was how
things we're run. {"That's 80, mud applause. ]
1 CASH BASIS
Mr. EIIiott-I have to say another word. We
dcal only for cash. We have no credit system,
nnd find it tho best and safest policy.
not capitalists, Mr.. Elliott. Every workingnnn
nay not be in condition to pny for q barrel Of
-four, but he may want a smaller quantity. How
d. you propose to have that remcdicd7
Mr.. Eliott-By the establishment Of agencies.
OF course. The 8pb-agent" can deal direct with
the General Ageut, and, in TINT why, the con-
sumer can have lis goods stinatcost price. lap
p1ause.1
Mr.. Alleu-l move, az tho sense Of this meet
ing, TINT vote Of thinks be- returned to MessrB.
Earle and Elliott for their lucid explanations
here tonight.
/ Tie vote was put and carried unanimously.
Tho gentlemen 80 thanked then retired to IN
ante-room.
Mr. Moore-I movo you now, Sir, that we i'm
mediately proceed to form here =" Council Of
the Order known as ''The Sovereisns Of Indus
try" It is about timo wo began.
Somebody asked that tile Constitution OF tho
Order be read, which vas done.
Mr. Moore stated, conhdentiauy, that the tni-
tietion-fee WAS 81 for men aud 4l for women.
II they had fifty aale members, that would
Grand Council; Mr. Earle received, for Ills ser
ylces and to pay necessary travelling and hotel
expenses, not less than Sis and not over
s20, il the fund accumulated amounted
to $50, and the balance went to tho
local treasury II the fee amounted, after
sending SIS to tic Treasury Of the Grand Coun-
Gil, to loss than 515, Mr. Earlo still took half OF
that SUM for organizing expenses, and the rest
was retained by the Sub Council Treasurer. This
Was necessary for members to understand.
A member moved to postpone action for one
week, as many men Ind come unprepared to pay
the initiating fee.
Mr.. Allen stated that Mr. Earle would be- CON-
polled to leave town this evening and, If there
we're fifteen present willing to join, that would
do to start with. They could have, at least,
temporary organization.
After some discussion, q show OF hands was
called for, and lifteon persons appeared to be in
favor OF immediate organization.
ALI persons who did not desire to join were
then invited to leave, while Mr. Earle was called
in and gave "the secret work of tho Order to
the new members, who wero first duly sworn in.
Tho list OF officers WAS not completed last
evening, but tho chief men in the list arc Messrs
Barker, Allen, and Moore, Master, Secretary,
AID Treasurer,-only pro TEN. however.
A1r. Earle has left behind him deputies to per-
feet other organizations, and there can hardly be
a doubt that tho organization ia now under full
head~ av III Chicago.
Tie newly organized sub-Councn adjourned
to meetsagaln Quo week from last night.