New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-07-13
LEATHER TRADE AROUSED.
ACTION TAKEN AGAINST TIE SIN Eh LAW
AZ ADDRESS TO THE MEN IN THE lNp' SILKY
ALL OVER THE COUNTRY. AKIN" Ii'fi"
nm N r\VOE OF TIE EFFF'Nh'

49, .onrrcc. tn THE MEN IL THE md STRY
ar ovrr THE COUNTRY. A'KING THEIR
AID IN FAVOR or THE REPEAL.
The. hide. leather and shoe trad" h'il m'r' u,
Yesterday fin the Hide and Leather club NO - "o"
. ., ..a,n, IN address and resolutions urging upon
copcro.s tho sucdy repeal OF the IL" WHICH o''PN
~, cov.rpmont 70 purchase 4,jOo,O0o ounces vi
silver each month The men present l''rN ''P'
.entod the Industry. \. A. li"ay Wa '""'' man
Eugene H. Conkin secretary. AmohI INV "'"''
prominent men OF the tra1" th'r" W.T. "'''
Vaughan ". J.. IIazcton James Moor'' H. !" ''" ~
r. Kerrc,ey. Charles IanSclt. Richard YOUNG H. J.
s,,o,s Emm,pucl Phillips 4. X. Vail. Isaac H.
Eoncv ,hr,hnm stein. VI. J. Drck"r. I" bihg"''
II W,IIers,ein William Barbour f. ID. lurt ana Jam :
g. DcwsOn.
Mr.. IIcaly urged the men TO grasp III" Importance
OF the subject before them. "Thcrc Is "''H CIV
opinion In the leather trade rs TO the '"n>" I" NV
paralysis of business all over the conh'N' Nv :" =, -
and that is the sherman silver act. 1t Is ab'o'nrN
necessary I'm this crisis that this miNche'"u' ''''
ton be- at once and uncondilionAllY rPa'u
Mr. Wallcrstcin said 1T would BE- unwi'r I"
attrbnte everything the compulsory monthly 'hN'r
purchase IN, there seems no donD' iha' '"' INV
purchase, are the cause primarily OF the 'ro'''"'
NJ ucalv then appointed H. Walcr>'cin Isaac H.
Dailrv Edward Il. Laiew and John H. l'"h"h "
| committee TO communicate to the trade thr"'eh'"'
rho country the following statement
A. a meeting held this 10Th day Of July. Of tanners.
,,,oor dealers shoe manufacturer and others intrf">d
+, ;hc trade it was deemed advisable to address our
friend, and customers, both South and west uPo" Wv
ahsolute ncce sty their exercising all thrr cnofN io
renal OF the present silver purchasing law Thee" j.
nm cause for the stacnation OF anar trou-'
M entire county nor reason for the money strinscAcy
hut di.trust created by an unstable currency ""''
tho putrhasrs Of silver continue then general pi' must
orcuc among all classes OF merchant. which VIII NhaAe
NJ olip
viii follow upon disaster our banks hcr' nave do' "I
in their power alleviate the present money stR'"H
they have millions Of dollars a. far a u' -"
occ,, in order TO give help where il needed They
will continue TO help whore aid j. required We WI"
continue 70 offer all our friends ample accommodation
You should understand that your Interests are our III
tfrcsts; tina: all "a closely 'ohh"c"u ''Hc"'' ~
thu Atlantic TO the Pacific and M1nc to Texas that
what benefits one benefits all, and what mju's one III
lure, ALL With the silver purchas" d'u'e 'reac' '"''e
,,n h removed confidence everywhere money VIII become
plentiful the work in mills and factories VIII o. "'""
trade will become active again. and we VIII reap NV
benefits OF our industries II yoi VIII every" .,
legitimate influence to bear on your members VI "o'"
uo,.cs Of Concrcs, Immediately 10 stop the coUin-"N
purchase Of silver by the Govefnn"nt prosper" anu
hapuinoss will again be in yo'r midst 10 fe'''i" '
for many years. You will therefore n"d ho'o-'u "''""
which pleas, have signed by al hu ness men III your
community and forward them when 20 signed 10 your
members Of Congress. and to your senators.
This statement will be printed and sent - every
body in the niied states connected with the l''n'r
trade tn" following resolutions offered bN MI
Yonrc unanimously adopted
Whereas 4 dcpre sod stat of financial ana oo""r ia
affair. has existed for several months. art! cauS oY
the fear that the panty OF silver and gold cannon VI"
p,n,oed II the compulsory purcha under the S'rIh'h
law recurring the Govcram"at TO buy four anu nan
millions Of silver monthly. continues. ana
Whereas In consequence Of The ensuing UNA '"'''
capt,l il being withdrawn from VS. COLL l. being WIZ
hId from cir,ulaon> and interest a,' Tor money nav
been hugely advanced, u,
pool,od That the hide leather and shoe trades OF
Xewyork hereby urge the prompt repeal ~ inc Nhrha
,., recurring the compulsory purchase OF SILVER
Resolved That this meeting recoinmrho inc aPF'""
mcnt Of committee at the special session VI o"t
q, ncnare suitable financial measures which snaI' rfoNu'
%, tho rarty q, all money issued by the Government ana
such other measures viii contribnt" to the rrso
of financial anl commercial business 10 h'aitnE o'H
and nrc sent tie at the regular se-sioh Vi 'os