, 1874-03-25
Meeting Of New Fork Business nIen to
Consider tho Finance
Question.
Resolutions Adopted Protesting
Against Initiation.
Letter from the Hon. Charles
Francis Adams.
Congress Transcribed Its Authority in
Issuing frredeemable Paper
Currency.

Special Disuateh to The Chicaa0 Tribune.
New YonK, March 24.-Tho meeting at
Cooper Institute this evening to consider Tie
national finances and the questions arising
thorefrom waB largely attended, and would
tlavo boon oron larger If Ito incilcioucy had not
bcen exposed by yostorday'a voto iii tho Houao.
All the seats IN the auditorium wore talsen, md
tho aiHlcs near tho stago we1o partly filled.
William Cullen Bryant presided over tho meet
lug. Among tho Bponkcrs wcro AIR. Bryant, A.
A. Low, Elliott q. Cow1in, s. D. Chittcnden,
Edward Atkinson Of Boston, George Opdyko,
md William Wood. Nearly ali tho spealscrs
strenuously denounced imitation, and as warmly
advocated speedy return 10 specie payments
Theso views Of tho subject wero accepted, mud
appauded by lilo majority Of those present, and
only fow Indications OF dissent from thom
woro observable. Resolutions similar in tono
to the speeches wero offered by aEr. Cowtl1n, and
unanimonsly adopted.
those Of tue OTHER spoakers. He said 80 long as
tho currency Was inflated to no greater extent
than Saoo, 100000. ho thought thero would bo no
great danger.
NR. ATKNsoN's SPEECH
WIS tho strongest otle of the evening. He WINS
londoat i'll denonncing initiation. and in approv-
ing Of Bpecle payments. He denounced Butler.
in the rountlost terms aa the originator of tlo
Sanborn a1,u JaylIe swindies, md characterized
those loEal methods OF stealing from the nation
a8 among tic most dangerous lOGoAeA that have
over fastened OH the Treasury.
f1b Tie 4isSociated {yeas.1
NEW YonE, h1alch "A naaea-neeting Of
business mon Of this city WIS held tonight ut
OF national fuance. George Opdyke called the
meeting to order, and Wil!insa Cullen Bryant
presided. Resolutions were adopted protesting
against any imitation OF tho currency, and insist
authorized further 1ssuo Of National Bank notes
the Bystom be based OH d solid foundation, and
guarded by stringent Restrictions TINT tho Inv
requiring banking roserye Of 25 per cent bo
maintained, nnd tint one Of its fundamental and
rreyocable provisions shall bo an efficient mode
Of redemption in con.
a letter waB read from
CHARLES FRANCIS ADAMS,
! in which 1lo Hay6 1t appears very unfortunate
that tho administration Of the national finances
should ever have boon permitted to become en-
tangled with business having no proper con-
ncctlon therewlth. Tho collection Of revenue
and precise disbursement Of tue funds thus
received being tho legitimate duties Of tho
tho subject ia limited to tito establishment Of
tho form Of coiuago aud regulating tho value
| thereof.
CONGRESS- TRANSCRIBED ITS AUTHORITY
| when it assumed the right to isHue promises
to pay money which it did not at the same timo
| provide any means to pay. Tile Congressional
! illumination Of lcgal~te1iders waa 10 more than
| rank absurdity. II d syntematic effort to return
to specie baBls il Henily carried out by my per-
| nlanont measures, buBinoss will soon begin to
asBrmo n steadnoH. Of support which it las not
known for years. and Which oqlllsocating or false
| promises meyer can supply.
Col Ethan Allan reau a list Of Vice. Presidents,
| comprising largo number Of the most prominent
| blsinass-nlen of the city.
| Addresses were nude By Edward Atkinson, Of
Boston s.. 3. Chlttonden, Georgo opdyko, and
| William Wood.