When the meeting opened Thompson, who was evidently held in great esteem, assumed the position of presiding officer. He began with a brief statement of its purposes.

“Gentlemen,” said he, “this meeting is called for a purpose with which you are doubtless all familiar. Lest there should be persons among you, however, who are not fully informed, I deem it proper to make a brief statement at this time. The present business and financial depression, spreading as it does throughout most of Christendom, has produced a feeling of unrest among those classes of people who feel it most. This unrest is admitted by all who have eyes with which to observe, and minds with which to analyze, to be fraught with danger. It threatens our security, it threatens our homes, it threatens morals and religion, it threatens the stability of our institutions, the existence of the republic and the durability of Christian civilization.

“It is the protest of blind Samson against the exactions of the Philistines. It is the human heart overflowing with bitterness at the injustice of men and classes. Ere the pillars of the temple tremble and the walls of the temple fall upon us, we offer a remedy and ask that it be applied. In justice to ourselves, let me say, that we propose this remedy experimentally. We do not, by any means, know whether the human system is capable of receiving it, but we are absolutely certain that it can do no injury. We are also equally certain that the attempt to apply it will improve the condition of those who actively participate in our plan. I ought also to say that if our remedy is accepted and applied with earnestness and intelligence it will not fail.

“There are in the American states over 200,000 voters who believe that the true theory of economics is that the machinery of production belongs to the people in common. These are convinced that in the theory so expressed lies the remedy for those economic evils which produce the extremes of great poverty and great wealth. They are also ready to participate in some concerted movement which will enable them to establish a Co-operative Commonwealth in one of our American states. Our plan is to direct all those who believe in this system of economics into one state, enable them to establish themselves there in comparative comfort and ultimately, by colonizing a sufficient number of them, to take possession of the political machinery of that state, adopt a new constitution and through it establish the Co-operative Commonwealth.

“We who have enlisted in this enterprise believe that our own grand republic, with its system of interdependent yet sovereign states, offers the field for an experiment and an example which may enlighten the world. The example of Utah, although disapproved as to its purpose, presents an instance of a commonwealth developing under the influence of an idea.

“When the idea is pure and exalted, and at the same time furnishes hope to hungry and struggling millions, how much more likely is it to develop a masterpiece among states.

“The Co-operative Commonwealth is already organized.

“It even now numbers 3,000 votes, representing 15,000 people—men, women and children—in its membership.

“A fund of $100,000 has been accumulated and is now available to establish co-operative colonies and is rapidly increasing. No colonies, it is true, have been established, for the reason that we have not yet selected the state for that purpose. This selection is the special purpose of our meeting to-night.

“Let me express to you, my friends, the belief that we are now meeting in the most important convention which we have ever held, because our success depends undeniably upon the proper location of our Co-operative Commonwealth. Strong arguments can be produced in favor of the South and the West, and I have heard more favorable mention of Tennessee than of any of the states. I hope, gentlemen, that you will discuss this matter fully and deliberately as becomes the dignity and high purpose of men who, perhaps, are about to give to the world its most enduring and most beneficent commonwealth.”