, 1879-07-26
LABOR AND INDUSTRY.
The Causes Which Have Led to
Their Depression.
Arrival Of tho Congressional Oommitto
Which Will Examine Thom.
nt. Wrjghts Statement Of The Intentions of
Himself and Ills Colleagues.
PROMINENT Chicagoanu Who Intend to
Address Them.

Prominent Chicagoanu Who Intend to
Address Them.
The Congressional Committee specially hp-
noutcd to Inquire into the catscs Of the dcpres-
s,on OF Industries nntl1abor Is to begin Its work
III this city Alondny norn!uE. All except two
of tho tnonlbcrs arrived hero YESTERDAY, and arc
etopptng at tho fremont. Tllcse ato 1lentrsck
n. Wright, OF pcnnsy'yanla. who Is Chairman;
NJ, r. O'Connor, Charleston. $. c.; j. j. Mar.
TN, OF Wiliatnston, N. c.; Henry l.. D!ckcy, OF
Ohio, and j. c. shcrwin, Of Geneva, III. Ac-
cornpanynE them nro c. l., Ffanoean' sergeant
a,.arms; Dyer D. Linn, clerk; mid II.
q. ltaycs, stenosrapher. The aoscntsea
nro Cnlyiu CowzIll, Of 1nlianA, wno
will bo iorc Monday, mud Thompson .. Murcu'
the stouc-cutter, who defeated Eugene HAZE
rbe lottcr'o wife met with at accident t'1e other
div. aud, in consequence lie Will not como
1t all. ...u
vns originally male up ny tho Forty-1'sih Con
1.ess, Abram lIcwItt, OF New YORK; pohs
Chairman. They sui during the rcccse, ana
TOOK lot, OF testimony, but. for sotne reason,
nevcr wrote out d report, thohRh OIL inc testl'
mony was printed. Tie forty-sixth con9feSS
r.created tho Committee, with Wright 80
M.
to,c. and add,nt to Its duties MI investigation
~ I'm Chinese question. Chicago Is tho FIRST
n,oco whoro il,cy will hold q session. From
hc-o they 20 to San Francisco, stop
rtn,r. nerhopp, OH the way. Tho Committee
IL mt a par,tsau one being made up OF Demo-
cr,fs. Republicans md 0rcehnnekors. Mr..
Wright, a lawyer and niue owner, who Is 80
vcors of age though In aeton about 80, is DEM
ocrnt- -Grccubacker, mid Is special friend OF tho
wo.klne-elnsscs, representing The mtncs Of Lu-
xrrno County. Mr. Dickey is Il Democrat. Mr..
r, O,Conner, though Al cx-CnnfedeEate, is
conservative Democrat. ]. j. Martin 's Ro-
publican, from Democratic district, haTE u. ae
rrres. Alcssrs. Sllcrw!n and Cowgirl arc also
Renubllcans, while Mr. Murcl, Is represents
live Of tic laboFing-clnss, coming from Tic fanKs
himself.
,,s WHAT TIE CoMM1rrKE rUnposE DOING
In this city, q reporter asked Mr.. Wright to
throw sotnc light on thu subject.
AThe duty we arc charged with.' said he,
tis 10 inquire into the call.es OF the depression
Of the Industries Of the country, md especially
OF iabor. 70 do tl.at-wc want the opinions OF
tho best intelligence wo can fla$ In the city.
We want men who have practtcaN knowledge TO
give III eis powsr, ne s,a Ieasn,s lor @ VI re, ue
stand criticism, hut oplnlous that Will be emil,
tied TO rcbrcct nttcr they are given, because the
work We do ia to DO Judged ny another
tribunnl.h "a,
aIiow do you propose 10 get such ooin!onsan
awe should like TO have Dcfore lis hnl
dozen or more PERSONS who are eu9aGe1 III !nreo
operntnns,-tt,e grain, cattle, md lumber busi-
ness; also ono or two substantial bankers, to
eivo us nn idea about banking, tho rates Of In.
tcrcst, their loaus, etc, comnared With the Inst
eight or ten years; n1so Ave or six practical
We don't caro- much about thu opinions OF poll
ticlaus rs polittcians. We want reliable iniorHn-
tton. II wo cunt get thu we don't want T. any nt
nll, for any other Rlnunnts to nothing. Tie laea
has gone out that the COMMITTEES was In a
measure packed tor All inquiry into particular
subject, bit It hanamplo scopc to talSe iu the
great n,,d important question OF Inc ttdustrles
Of S sp'umtsy; mt y G n.a we want f'''a0's
r11s Elnur.1IouR QUESTION:"
"1 am an advocate OF the movement, and Tho
question 1nav comv IN Incidentally; but it hardly
bclovrs to municipality. Thcrn ts United
ssatts law On tle subject T. Is H n9t likely t!as
tone TESTIMONY on tho subject, but not much.
1t is not properly n subject which NO arc
charged 10 examine fnton
"Il0Y long do sou PROPOSE staying hcroT'
ave wifi stay four or five days II facilities
are furnished for getting the bust Information
obtainablc. Probably IN four DAYS we can mako
all the examination We want to-
HYou 10 l!ct>cc to Ca1lfornnW
"Ycs, 10 examine Into thu Chineto question,
which is a matter Of more Importance to tho
people out there than anything, clsc."
"What is your individual opinion as to
TIE CAUSES or THE DErnKsstoNln
"Ovcr-pgoluction and iulnt!on, but above
nil tie wans Of sutllcicnt currency to carry on
tho orltnnry business OF the country"
"Don't you thtnk there Is money enough
nowl" .z.u. =.
curry on the business as the busincsA Is now,
but hone tIms thu business Is not going TO Ian.
guish,-tlat It Is going to nssllllc rs old stnna
aa; a"d In that event We must add t" our cur
~ IN what wny1"
~ am not au tulalIontst. I think that the
1cCnltendcre af.!l banking currency ought 70 b
$l,0oo,0D W9 There arc noo,ss ~ SI'W,0 ~ Nv Noo
During the War thcnmount wis 81 ,Su0, ,oU0, ,000.
don't see any cause for 20 constaht contrhe
lion. thiuR large int!ation Of the currency
would he vrry INJURIOUS to tito general wefars
qe1y Di s TN" ssn1;fT 9c a9. sS think VIC want moro cur
,..,W'y do 10Y say in'la!lon is ono Of the canse
"There was degree Of Imitation created bv III,
War, anu tint has something to do with It
Perlaps wo Ind more currency than Was al
solutcty necessary. II We Ind, Tint would b.
lnilatton. But understand Iue distinctly will
regard to tlat. mnlnta!n % an individual tia
cessfufly tha industries 0f tho country, nllu Il
pay labor the wages that lahor ought to have"
"no you think there Is u remedy in legtsa
hon3n
"Yes.n
"lVhat measure would sou proposc1"
would prorosV atttli'Iy to tho currcnc
. esOO, 0OD, ,HG0 Of lrga-tcnllers; and would go
step further. would Iayur The retirement o
bans-notrs, and making utl tho currency lega
tenders think this country would bs bette
OIL with ouc currency than with twu."
"WItAT DO YOU THINK or NEsuMpTloN1s
g. don't sGs thai 1t bas doue any good.''
Business l. not as bad as 1t was before r.
AVAIL, tako Pennsylvania, l tlink wo or