New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-08-10
CORDAGE MEN IN SESSION.
THEY RESOLVE TO FORM A MUTUAL PRO
TECTIvE ASSOCIATION.
JOHN GOOD MAKES A SPEECH AND A COMMITTEE
IS APPoINTED-THE NATIONAL COM
PANY NOT REPRESENTED


PANY NOT REPRESENTED.
The meeting of cordage manufacturers which took
place yesterday in the Offices of the John Good
Cordage and Machine Company. in the Morris
Building at Beaver and Broad SITS. 1t is believed,
did not result in all that its promoters wished Tor
IT, II Is said that only about 40 per cent OF the
cordage manufacturing interests OF the united
States were represented, and one conspicuous fea-
ture of the meeting was the absence OF any repre-
sentative OF the National Cordage Company. The
officers of the latter company said that they were
not represented because they did not desire to
see the corage interests harmonized and the price
of rope put up. but that being In the hands OF the
court. they did not think IT was quite the proper
thing for them to participate in the meeting.
The meeting resulted in the appointment OF
committee Of five 10 devise plans for forming some
sort Of an association Of trust The names of the
members OF the committee were withheld
The following persons were present; Spencer NJ
Janney Harry g. Hammel. Frank Hammell Jo0h
Hopkins and Nathan d. Cartright. jr. of the Penn
sylvania Cordage Company; Thomas -. Harmed
and Henry A. Ingram. of the Bridgewater Cordage
Company: Henry G. Brown, New-York. of the Johh
Good Company; William y. eating, New-YorK rep
resenting James eating; Travers Brothers d CO.,
New-York: Frank S. Cannon Of the John Good
Company; W. B. Harrison. Of Hoover. Allison q"
Co.. Xenia, Ohio; s. D. Haowell, of the John Good
Company Bay State Cordage Company. Boston;
s. +. Hinckley. jr.: Peoria Cordage Company l.. =.
Heydrich; f. d. Metcalf and George Underwood, OF
the Columbian Cordage Company, Auburn John
Good and j. G. Jenkins, jr.. of the John GOOD com
pany: a representative OF the Miamisburg bilue'
Irvine and Cordage Company MiamisburS' oh'o'
Lewis A. Miller, Akron. Ohio. and 3 NJ Ahiso"'
Northwestern Cordage Company.
The meeting was in session nearly all day.
Spencer NJ Janney, of the Pennsylvania ooruaee
Company. chairman and Thomas d. hai"eu'
Of the Brdgewater Cordage Company was secie'
fary John Good made a long speech. urging 'he
necessity of harmonizng the interests OF the raue'
He ascrbes its present depressed condition 10
ruinous competition He. as a remedy tor the
existing evils outlined the following plan:
ID Let the manufacturers Of cordese form mutual
p,occtivo and incorporated association, with conNtu-
80, and bylaws: each member OF the association 10
file a suitable bond. make a deposit oil a certain
amount OF the OF his company ~ forfeit (>) Lev
this association appont board Of control eoHs>''s "
five members receiving salaries from the aS-ocatoh ech
member OF the board suitable bond TO the as
ISOLATION for the fsithul performance OF his dutes.
f8) This board OF control snail be empowered and IL sha
Ina its duty 10 have cogngancc Of and 70 regulate the
price and the Of purchase OF all fibre used oy
the manufacturers the United states belonging 10
this association. a. This board Of control shall nave
the power and shall be it duty u hN the prices vi
all manufactured proiuct@ and 20 provide such sys"
for the sale Of such products as VIII neoeSs'ry eA
clude cutting OF prices aud the giving OF feoaes III
the trade. ~ This board shall have the power anu
shall be duty to judge OF violations oil the eons'u
and penalties when necessary such violations 90 The
board shall the power 70 judge OF the quaE VI
ali raw material and Of ali manufactured products, I"
condemn or 10 approve aud to require ~ least
standard OF excellence required by foreign nations III
. ' - 80, r.nufoc,rred proiucts.
neither the board the association should nave ee
nover IN limit the product, 10 aid directly OF III
directly in the sale Of the products of any manufactures
lAyoud fixing the prices apd classifying the goods as
snec6ed above. Il 1t should be the duty OF 'he IS
social on to take into consideration ana 10 poNue "
,ae enacupent Of such measures and laws a. may Dc
necessary 70 meet the ends of this association TO pro-
mote its harmonious growth and welfare ana 70 'ure
The protectlon and prosperity OF the great coroa9e III
dustry this country.
Upon motion Of MT Good the fohowihs 'eso"
ton was unanimously carried:
Resolved That the eordage manufacturers present 70
day organize themselves into mutual pro'e0"'e W.
ISOLATION.
Nr Underwood presented the following 'e'"
,u,,on which was unanimously adopted:
poso,xo, That In view Of the dsoreanz"d CONDITION
NJ the cordarc trade is the sense oil TINS e''s '
.hou,d n. once be taken place the business upon
more stable and profitable basis. aid that WIN "a'
che trade a committee be appointed to devise plans !"
80 with concerns not here represented and to SUD.
nit the result OF their action at an Adjourned meeting au
.... ..td committee shall consist OF five, ana that they
be appointed by the chairman
The Chair appointed the committee put ue-
clined to give out the names
The cordage men will continue their meeting TO-
day.