New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-08-03

Thomas S. Goodwin thought much evil was oc-
casioned by the locking up and the accumulation OF
money.
PROCEEDINGS OF THE COMMITTEE.
The meeting of the Congressional Committee
on Business Depression at the Post Ohiee yes
terday was more formal and apparently excited
moro interest than the day before. The tables
were placed the form OF a T. Chairman Hewitt, Mr.
Thompson Mr.. Rice and Mr. Boyd sat at the long table
forming the top The witness or complainant sat at the
foot of the STEM The intervening space filled with
workngmeu various sorts who manifested much In
terest in all that was said. Mr. schwab with the Social
iso Labor Committee, consisting OF Messrs. sparda,
Palda, BarthOlmee and Isaac Bennett, were present
promptly at IL o'clock Adolph Doua and A. Jonas ae-
companied them as alternates."
Robert II. Barthomes took the stand. He answered
nearly all questions promptly. He wanted Govern
mental cooperation and an eght-hour law Isaac Ben
nett, who spoke last Sunday TO crowd OF Socialists
about their misery when they all well dressed ana
decorated with ornaments of gold and silver also had
much 10 say He favored the committee with much wild
defamation to which Mr. Hewitt put stop with few
questions. When he had finished, AdOlph Douai took
the stand. He is German of somewhat Wild appear
anee who wishes reform the world-no this country
alone His argument seemed TO be an endless one ana
as varied as 1t was long. Even the suggestion OF Mr.
Hewitt that he had fully explained his viewsto the
committee" was without effect and he continued in his
address until was taken.
After recess, James Connolly, painter representing
himself alone, volunteered his views He was evidently
very nervous when he began TO talk but at last found
courage say that the Government bond system was
one cause OF distress TO the poorer classes Becoming
boder he entered into long argument, and Mr. Hewitt
was frequently Obliged TO call him back to the subject
before the committee. He returned repeatedly 10 his
| complaint regarding the bond system OF the Govern
ment, and finally touched upon the eight-hour law,
which he would not have repealed, but enforced. Mr..
Hewitt remarked that the discussion was becoming
repetition Of views already expressed, and Mr. Connolly
took his seat
man. who wished to withhold his name, expressed
desire TO make a suggestion 20 the committee. Mr..
Hewitt told him that the testimony taken matter
OF record and the committee must know who appeared
before IT, The OF William Hastings, capitalist, OF
Brooklyn, was given with some reluctance. Mr. Hewitt
expressed pleasure at the attendance OF Mr.. Hastings,
as ne was he said the first capitalist TO appear before
| the committee. Everybody smiled, ana the smile be-
came a laugh when the witness asked II he would be
obliged to state the amount Of his capital He depre-
Gated the system OF locking up In banks money belong
ing 20 bankrupt firms, and when Mr. Hewitt suggested
that the money was locke up while used by the bank
Mr. Hastings said that he would send bis views TO the
committee In writing. Thomas s. Goodwin protested, in
almost inaudible tones against the accumulation OF
capital I'm n few hands. His argument was short He
commended that capital was like bloOd-healthy when
circulation, unhealthy when stagnant.
Mr. Goodwin was the last witness, and the commit
tee seemed glad Of the opportunity to put aside the
investigation until this morning Previous TO adjourn
ment resolution was passed inviting employers, en-
ployes and others interested In the subject before
the committee, send In their names and addressen
when a day would DO set for meeting them. During
the afternoon. several Of these applications were re-
ceived j. r. O'Grady, shoemaker, OF Grnnd-st, Thomas
A. Dwyer one the editors Of The I1sh World and f.
Brunner tailor Of Houstonst asked TO be heard upon
the labor question generally and George W. NOrtledge
upon the claims of disabled and INDECENT soldiers.
Throughout the loug session the well filled
with representatives OF the different Socialist Com
munst, aud Labor organizations and much attention
was paid TO the proceedings. Some Of the witnesses
seemed aruid that they would not be fully heard In
their arguments and the members Of the
mittee were constantly engaged In conversation by
those attending the hearing. Mr. Bartholmee caught
Mr. Hewitt. and they surrounded by an
earnest crowd OF listeners, among them schwab
| and Bennett Bartholm6e reverted 70 cooperative
societies, OF tho they would accom-
| plish. "suppose," said Mr.. Hewitt /" that
| man has earned $4,000; should he not DO paid that
amounti Certainly" replied Bartholmee Then"
continued Mr. Hewitt, "snpposing that he only spends
$1,000 OF that amount; what is 70 be done with tho
other SGO00p divide It up between the different
cooperative societies." answered Bartholm6e Them"
said Mr. Hewitt, if he has give up $4,000, what
the use OF his earning lOOOO" To this question there
was no answer. You would a little money II you
could, wouldn't youi" said the speaker TO Bennett.
Not II by doing some else oppressed" was
the reply. We dissatisfied with the state OF the
country In every way" You are dissatisfied
than we are o. manufacturers" continued Mr. Hewitt
" For five years have kept mp my factory and given
a comfortable living to my employees, but at loss Of
100000 year. We Just anxious for a change
"a you. Show remedy and we viii take care that
there shall proper legislation. We want TO remedy
this state Of affairs, and not suggest changes that
may not DO reached before the millennium"
Every around had a suggestion to make, and the
ten minutes had expired before Mr. Hewitt had
been able TO the Again, after adjournment,
the members were waylaid In the lobby Of the Post
Office but, determined upon evening at Coney Island
they declined further discussion and hurried from the
building Colonel McAfee, custodian Of the Post once
looks nervously upon the witnesses and their friends
and very emphahcay reminded one or two that they
were not in beer saloon and that the heavy tapestry
carpet was not intended receptacle for tobacco
| Juice and stumps Of cigars.