New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-05-22
by geographical division it will bring results in the 20.

must appeal II ial in this the situation Is nope
less. ,,.,
We also consider the organic laws which underlie all
these questions. The noety ana revenue laws are us
time labor ana agitation must be spent IN try ing TO
the symptoms instead OF searching OUT .ne causo
and the currency are sined The system under
which have been living for u years. esne IT, hs
its results look In vain Tor that one OF ta
croup which has gained by the system. Each one OF
them wnen charged with obtaining dement, from ~, ~
the truth The system is issued in pure waste. 1t
much to be regretted that VIC no ha sed nor
tne former Investigators of the Commission OF
Internal Revenue had been kept up But ~ seems as
though DieOtry this subject must al iast give way
Tie i1ea that Government give what II cannot
take at least the sanction o. sacred ttaa''lo lor
any one who attacks 1t Is met with suspicion ana de
In1ciation The argument that we have immense re-
sources, with every form OF production; SURPRISING
those every other nation ana therefore tnat we ought
10 nav more for everything than anybody else IN the
world VIII itself ut last In the circumstances OF
this country to-day the aerlcutura interest
is the one upon watch any economic error
must finally fall II Is not the Go eount re i. d at ,Se
present time crushed The bonus gwen TO the creation
OF unnatural forms Of industry taken from the egt
mate sources Of our national wealth ~ cannot DC de-
MED thai il IL IN transportation that this error comes
home the agriculturrst ihe system Oh wastoiu TAX
alton comes IL to them to Illustrate their hopes and
from their hands that for which hey nave strug
ged In the country AT IuSe tl,S s's I , mas
OF political economy which follow legiimately
from the protective system Inc most generally re-
celyed notion In political economy seems TO DC hat the
way 10 production consists IN Knowing how
10 limit production. The market Is controlled by com
was the Government to make work has been
scourged TO death We have now tue new one that IL u
not the business OF 10 make all lie can, and he
lives IN fear lest lie should create 100 nucD WORK. III i
strange that labor also has taken up TINS notion,
and applied II TO It's own case lac Iao market Is as
;racted by efforts lessen the hours OF labor and earn
without WORKING. Ii man can get an me things he
wants by working only esht hours let nh ue happ!'
lie ought to be happy, TOR ne Ia an eAccpiohdl man
Another thing seems to be born OF tne interference
svsem THIS applies present especl9y TO the South.
There is cotton aud power, and 1t IS Immediately
inferred that manufactures ought to be introduced to
the water power aud manufacture tno cotton Like,
wise homIes addressed 20 the south 10 raise food
there so az be independent OF the West. Here We
the doctrine OF local Independence Drought down
to its lowest limit. the form OF production at any
given place VIII be that one which at that place gives
the best return to labor ana capital II All the nDOr III
south Carolina he best placed IN the production OF
cotton then nothing but cotton will be produced there.
and nothing else ought TO be- II tney snOud starVe be
cause they raised rice also, the only true in
ference Is that they ought TO have improved thelr
means of communication with the rlcegrOWlng district
have thought proper 20 call attention TO these false
notions arising from the pcrnicous interference system
because they bear on the l"por question ah on inc
South. Scarcely thing THAI body OF men is called
upon to do requires more balance ot nina ana lnte
gencc than to perceive ana correct mistakes Our mis-
fortunes from our mistakes. The war left load
of mistaken notions difficult Problems and some disor
dered enthusiasts and deeply rooted pfeJuilces We
have got deal with these with passion pride to
nei through. The protective system was taken up
again. after long rest for the purpose or revenue. ana
applied blndly that 1t destroyed shipping and
agriculture, crippled manufactures, and lessened the
production OF capital IL has grievously hndered
rpcuperation and produced political and mercantile
ISLANDERS which make us blush Tor National reputa-
ton The LpgaTend act has delivered Us 10 the
mlseres which always follow rredeepahe currency.
H. then calamity falls upon cannot look for the
cause elsewhere than in these mistakes the task Of
correcting them a tresOme one 10 ia, but here
are with this task before ana the most useful work
We do, at any rate to-day, Is to demollsh these
errors.
Carlton T. Lewis said that the great work, not only
for that Association for every one, ia consideration
OF the crisis through which they passing.
the education Of the voters on the great question Of
finance Tne masses OF mankind he said, have only a
indefinite conception OF the inter ests at stake Was IL
possible for the be made to how much their
interests were at stakei And so, by what practical
could the voters be instructed so mat they might
he made to understand that an irredeenabe
had not only the tendency 10 destroy prosperity but
the morals of tue country
David A. Wells said 1t necessary hack TO
1851 and follow The counlry history since that time, in
orde s to Ses th one D Or Ei mo- most severe h or any eT
country mad passed through ana yet IL left the
country IN healthy condition There had been he sand
talk OF increasing industry until reached the amount
of currency; but how could the industries he Increased
when everything was being done to destroy them. Inc
japanese Embassy cano 10 ms country WIN tue oesi OF
and this country has the advantages OF being
and cOons that would be required But the Japinese
now find that they buy cheaper III other coun-
and with VII the the com Sss OF Of hG 1I P
Germany last year sent % vessels with goods
with Canada mad been disappearing and that OF Japan
was passing away through the restrictive actions of
legislative bodies; ana the top all TINS
the evils of irredeemabe paper money! dollar the
value OF which could not be calculated upon from
end of TO the end of the next Could tho de-
posters in savings banks know whether the dol
lar they put IN TO-DAY would be worth the when
they draw 1t QUIT The country must make itself free,
aud when the shackes are taken on the country will
bound again All want Is an Executive TO lead the
way and the work would soon be done.
George Walker sad the evils Of labor restrictions had
been brought from Europe, ana resulted from trades
Onisuc 10 the American system lie ala not think tile
remarks IN tue paper on production exactly correct,
it question of supply and demand II there was
no demand there ought mott De an extra supply Otn-
the trade of the country would not be healthy.
Mr.. Moran spoke for some time In favor OF banks
ISSUING paper money, ana against Government issues.
e however asserted that trade transacted with money
only to per cent OF the whole, while from 81
per cent was transacted WIN exchanges checks, &c.;
and yet the currency blamed Tor the whole trouble.
George Bradford of Boston said he had met persons
VINO asserted that because the country got through the
war all right, they would in settle the
currency question. Holding meetings only Tho
way the settled The country went to the
school OF West PoinU and found Grant took
Vicksburg and Meade who won Gettysburg. As it
was impossible 10 make even That me- ting agree any
one point, how could 1t be expected that Congress
would agree on such question The country must get
a TO take the relns and drive.
:. b. Ruggies said he engaged in work OF Stats
tics TO the values OF products IN every country but
had measure Of valuel The value OF an American
dollar was "an unknown quantity" The issue II the
legaltender bill was like the drunkards rst glass, and
the nation was rushing into deluum tremens, when
Grant put a stop to the intemperance.
PROGRAMME FOR toby.
The order Of business for to-day follows: 10 a. m
Public conference OF the Boards or Health and Public
Charities In the parors adjoining the reading room
p H.. Report of the General Secretary the Work OF
Social Science in the United States, followed with dis
cussiou BY C. Barnard, ESQ., and others; p. m Report
on Paupersm IN the city OF New York by Rev John
Hall p. IN, paper 10y u. H. Brockwsy OF Detroit on
the Reformation OF Prisoners $50 paper by Gal
lgudet OF Washington the National Deaf Mute College,
y. IN, President whites paper on the Relations OF
National and State Governments TO Advanced Ednca.
ton r. paper by W. W Greenough OF Boston on
Free Libraries $3.50 M Report of Facts Concerning
Better iuc itiOn OF Women followed with discus
sion by Miss A C. Bracket and Others The sessions Will
close at 1890 p. IN
The FIRE RECORD