, 1879-08-02

''Wl,at il tie fact, 70 far as you know, about
ihcro being
LACK or EMPLOYMENT
for tic 1oi,ortng classes OF .hc eountrYl''
"so far q. We arc concerned. we arc having
sone difficulty IN getting men enough to uu tllu
work that we havo to offcr."
"1s II skilled labor tfIat you hare difficulty in
procuring, or common ]Aborcrs 10 tlo TINT which
almost any 1aborIng man could ptrfotma''
"o9r greatest difficulty Is in getting common
"Stato what difficulty there Il, 10 far ~ you
know, In commanding sufficient money to do
the olsnrss Of the country"
"Juat now there doesn't sec.n to be ans lack
arc concesncdh
"5o Jou know Of any business, v hero there Is
my prudent Investment belng made, or any
ticna,,J, wi,crc there Isn't sufficient amount ii
mnncv to carry It on successf1lls1"
"Wo have had no such cxpeslnncc, anl knnw
OF none. Men tint arc managing their business
economically, and Whose hal,itE N slclr l!ne ct
dent. sar, eet all tha money they want to con-
"If you think Of anything else that pertains
10 tl,eao questions that have been propo'andea
" don't know that hare anything In par
ticular tllnt desire 10 sny."
~ would sug9est," put In sir. sherwin,
"tkAt+ II nc mas any VIEWS On
TIE CONDITION or THE IAnontso cLAssxs,
he t,c invited TO givo them 10 u.s."
In our own particular linc Of business" re-
turned Mr. Potter, "fu the Inst four Or Ave
years NC have had very strong c0npe.itln,,, and
th.ro hasn't been work enough TO keep the
laborI1g men emp!oyed' al Of them. Prices
tluccsl corsespondIngly, until they arc NOW re-
3uced to tlmt point That, with the, IN.
crease of business, the luborera hare
Hot to be paid more wages. This :, ta
our lnbor not only ought to get more, but TINT
| our business will huVe to bc 30 managed that
VIC cat give them more. There must bo an ap-
precatlon Of prlccs. ! feel that tue laborlnE
classes for tic 1ast two years III our own par.
tfc,t!ar business have been reduced to thelowest
cbb at wtc!, they could possibly live, and that
II IL our duty Us employers 10 sec that they get
hctscs pay from thls time ! uto1"aFa'-certainly II
"Wolld, In your Judgment, thc prospects OF
the business Of tho country generally warrant
|. On inercase Of tho pay OF the lahorcrl''
~ thing there ia everything to Indicate that
tho common lnborcTs cau aud ought to be better
pa!d; that tl1e business and general condition Of
the country will warrant It; and tia. they will
get It, too.''
ncss-the dema.,d for the Tatoua kinds Of
| manufactures and business of almost every
liinl-fs such t'lat It will create competl-
tl99qby ,y Increase e. tc prices paid the ln00rert'
"lu your Judgment can The condition Of tho
country, ia respect TO those things We hnvc been
talking about, be benefited by my legislation
that you think Oft Can Congress, in other
words, enact any law tint wll' bring mole, pros.
pcstty, give more life to business, t,,l more en,-
p1o,t to the latoscfs Of tlle coubtry, than
there would be without anS legislation upon the
subject"
~ think that one great evil ne l,ayc had to
1 4f,s 1S.S has t,,,t
THIS kxTENs1vE CREDIT sYsTcM
on which our business has been donc, and by
which men have traded anl lived beyond their
! means, a,itl tntuk VIC arc getting t0 that poiut
now wncrc snen who arc getting So month
will learu =, to eoo live on mi, s&' those ,,,. who M
sso5}; }'i s,! tlat those silo gro etSt!ng s5co5
gear won't spend $1,000, I tlluk the majority
Of the middle better classcs-and the poorer
classes too-havc been ltvIng beyond thcls
certainly hayu vot themselves In tsoublc, And
with this Bankruptcy law rcpesleh think thls
will mako II great difference too. But II the
working cIasses uud alI glasses would learn te
bo troubled as much rs We hsve bccn with hard
titurs. think there Inns been an era OF ex
trnyagnncc that re aro gcttlsig out u. canno'
sec, 80 fur MS our own particular bust
tha, Congress Gun enact' auy laws now tint vii
matte arly Ercat difference. Our businessts ia 60
Inn on apprceattn. constantly. anu tlrre sce.ni
to be better condition Of thnEs inamgurate'l
! which, in my Judgment, Will conttnuo."
sir. Potter was Invited to express any furthc
ideas lie might hare OH the general subjects cot
ucctcd with the inquiry.
ii feel" said BIZ 'sthat there ia QUO thint
that hos been wrong. nild that Is
OUR EMIGRATION LAWS,
bv which our doors have been thrown wide opel
| to recelyc paupcrs nnd cfHinhls, to an extem
that has certninly inale great deal OF troub
III this country; md It is ttlne hat Congrcs
should draw tlis lfno somewhere as to cMigra
| tIun to this country mud tie AMOUNT Of eliigra
ton. believe crln'inala md paupcrs shoult
| he kent In t!leiy own countries to a yrry grta
extent, mud TINT, II nny determination is posi-
tic, It should be IN the direction Ut tilcn tim
cutnulated u little, as,d hare habits oI cc0uonl!
and Industry; AMI, II they desire to CONF, II J.
lie duty OF The Government 10 do something +
pet tilcin hero, and leave tic others, WHO arc
hume. believe there Is a,sothcr thug WRONG
come Into competition With other classes o
labor. This idea Of letting men to contractot
tryins to nake an honest living ulid keep out o
prison TO entsr into competition with them, l
perfectly Infamous"
"Yuu are right" calculated atr. Martin.
HCouurcss passed a law restricting TIC etEt
grafton II lie Chlnesu to this country" r.
tsnarksd III. nckcy, "but 1t was vetoed BY th'
President. ilays you ever given any attention
to that question:"
dent did lust right In vetoliG tt'at thing as h'
| did, i Inv ought 10 be passed Tint would ire
ycut Chinese emigration 10 thus country"
..You justify tic veto Oh What ground'
"Tbc way the thug was brought up,-that /
vas violation Of the trcatr stipulatsons. Gu
der t!ae circumstances, | believe tho PEestden
was Eight tn vetung IT," A..