Year: 1874

/ VT 1ANhhOhNs


d the Mouse d Representative. Tsssaay IuMs o. is74


The House having under consideration


the bill TO incorporate the National IroT


moulders' Union, Mr.. Field said


Mr.. SPEAKER The COMMITTEES on Edu
cation and Labor having reported to the


House bill ITO incorporate the Nations


IrOn-mOulders' Union," and as that com.


mittee will not probably be called in the
regular order before the close Of the session
l propose at the first convenient oppor
tunity to ask q suspension of the rules for
the purpose of putting the bin upon its
passage.


? This course will preclude debate, and
desiring to call attention to the measure
Will now refer to some of the provisions OF
the bill


The first section provides for the incor-
poration of the Iron-molders Union there
in named, and it further provides that ''their
associates and successors be, and are hereby,
created an incorporation by the name and
title of the Iron -molders' National Union, -
and by such name and title they shall have
perpetual succession and shall be capable
" o"hAAS oHu DOiAB ouCUs PiOouAuS anu
being impleaded, and of granting and re-
ceiving in its corporate name property, real,
personal and mixed, and of using said
property and the proceeds and income
thereof for the objects of said corporation
The iron-molders named in the bill
are reputable and worthy men of the trade,
and they represent about nine thousand
mechanics connected with this useful in
dustry in the United States.


Local Unions have been organized in
nearly every State and Territory. and for
the purpose of carrying out more fully the
benevolent designs of the order, National
Union has been formed, and William SAT
nm, of Cincinnati, has been elected Presi-
dent.


In carrying out the objects of the asso-
ciation they have felt the need of charter,
not only 10 strengthen the the credit Of the
Union, but to facilitate the transaction of
business in the investment of funds in the
buying and selling of property, and the
general management of its business affairs
Without a charter the Investments and
business operations of the Union must
necessarily be carried on In the name of
agents and trustees, resulting sometimes
In needless expense and great incOn-
venlence, and liable through death and
other changes to complications, htigations
and losses. These results the iron-molders
desire to avoid, and by obtaining charter
the business transactions of the Union can
be conducted without the useless machinery
and expense which now embarrass their
operations.


1t Is the intention Of the Union, as we
are informed by its representatives, to
erect halls for the convenience of local or
auxiliary Unions, and to establish libraries
and lyceums for the moral and intellectual
Improvement of the craft.


Furthermore, as the interests and neces-
sitIes Of the iron-mOlders may from time
to time require new and enlarged fields for
employment, they propose to establish CO
operative shops and toundries for their
mutual benefit and advantage. They seek
in this orderly and practicable mode to
avoid contentious and conflicts with other
citizens, end they anticipate beneficent
results to grow out of the practical appli-
cation of a well-settled principle Of social
science, thereby securing to themselves
a better retcdrd for toll ~ the joint earnings
Of their otrR capital and labor


Tne Committee on Education and Labor
after careful consideration Of the measure,
have agreed upon this bill, and they have
directed me to report the same to the
House and recommend its passage.


| see no objection to the bill on the
contrary, 1t appears to me plain that the
iron molders Of the country should be sup
ported and encouraged in the laudable and
praiseworthy efforts now being made by
them to elevate and improve the condition
of the trade and it is to be hoped that they
may realize through association or co-Opera-
ton all the benefits the system is so well
calculated to secure, and 1 sincerely hope
they may be successful in the undertaking
not doubling myself that the tendency of
corporation will be to an elevated standard
of workmanship, greater skill and efficiency
in the work, and better reward for honest
and deserving toll


Mr., Speaker, | find a great many pre-
cedents in the acts Of Congress to sustain
the action which the committee recommend
upon this bill but | will refer only to a
few charters of a similar character which
have been granted since the close Of the
Thirty seventh Congress, as follows The
National Theological Institute The Ma
"AOhoi OoAO OOPOSAO NOHhpohy AhC va
tional Capitol Insurance Company The
National Life Insurance Company Of the
United States of America The National
Hotel Company The National Bolivian
Navigation Company The National Life
Insurance and Trust Company The Ma
tional Savings Bank.


And now, Mr.. Speaker, when nine thou
sand workingmen ask Congress to grant
charter simply to enable them to buy and
sell property, and transact the business
connected with their mechanical trade, /
feel satisfied that every gentleman here
with q disposition of fairness and consis-
tency will not hesitate in supporting this
bill. and hope it may become law before
the close of the session.


The iron-molders throughout the land
take deep interest in the matter, and
hope they may not be-disAppointed.