Worcester daily spy. [volume] (Worcester [Mass.]) 1850-1888, 1871-01-03
..14s s1,l79,86l 3O,877 s9,OS5, lls


First Nat bank of Worcester. 100000
Safe Deposit and Trust Co.. 100000
Total. .s65O,oOO 81, 900
INSURANCE.
Peoples Fire Insurance Co.. $4,000 100000
Bay State Fire Insurance Co. 104, 800
First Nat. Fire Insurance Co. 100000
Total. $4,000 1904, 800
The premium, over and above par, upon the bank
stock held in 1870, exceeds the whole bank stock
held in 1850, and the premium upon the insurance
stock held in 1870 exceeds more than three times
the whole insurance stock which held in 1850.
The state assesses corporations for stocks aud de-
posis. owned by residents of the city, upon nearly
So, ,000 and government bonds held by our citi-
zens amount probably to several millions more,
which added to the assessors valuation, will make
the total valuation nearly quite $40 100000.
Now hesitate not to say, that for city situated
i'll the centre Ofthe commonwealth of Massachusetts,
away from the marts Of trade which draw their
sustenance from the ocean which washes their har-
bors with large river which often seems to have
the power to build up cities along its COURSE with
no peculiar facilities which originally gave i'm
position which we now hold, in wealth, population
and intellectual and moral culture, Is one of the
most remarkable events in the history of ciyiliza
ton.
We must remember that Worcester, in popuIa-
ton, is the second city In the commonwealth, that
her numbers and resources have increased during
the last twenty years with unexampled rapidity,
and that to-day she is pronounced by men, whose
Judgment entities them to entire respect, as the
to say this and yet it is the truth. We have, in
deed, fair soil in neighborhOod where the fields
are not especially productive; we have about water
enough to put out fires and cleanse our fabrics;
we have good railroad facilities but in this respect
we not specially blest more than others. What
is the true secret of success? What hidden In
fuence moves this busy people, and marks our hills
and valleys with such nmistakable evidences of
thrift and prosperity My answer is 1t exists in
the cultivated brains and the skilled hands of our
people. We may be blessed more than some others
with certain outward facilities, but the moving pow
er the main spring of our success Is to be found
the who have given their intellectual abil.
titles to the development of our resources and who
when they had been successful in accommodating
wealth, were willing to invest IL at home and build
up here free, industrious, and happy community
where the sound of free and contented labor is
music to our ears, and our eyes are gaddened by
the sight OF homes Independent and happy. Our
power Is in our men, To this city may be applied,
with telling emphasis, the splendid utterances Of
the poet
What constitutes state!
Not high raised battlement, or labored mound,
Thick wall, or mOated gate;
Not cities proud, with spires and turrets crowned
Not bays and broad-armed ports
Where, laughing at the storm, rich nayies ride
Not stained and spangled courts
Where low-brOwed baseness watts perfume to pride
No! Men, high minded men,
Men who their duties know,
But know their rights and knowing dare maintain,
These constitute a state"
Passing by those who nave held municipal office.
our professional men, editors, merchants and those
who may not be considered as directly connected
with the peculiar pursuits of the city,-although
we are free to say that they would not suffer in
comparison with those of any other municipality
let us refer to those who have devoted their skill
and energy to the development of the industrial in
terests of the city, and have made it what ii has
been so often and apty called, 'HThe paradise of
mechanics" We have been blest by class of men
OF rare mechanical skill and business energy who
have generally been inhabitants of the civ and
have been ready to make their investments here.
We have had the benefit of a great variety of me-
ehanlcal ana manufacturing business, SO that mo-
mentary depression of one interest has been hardly
perceptible We have been able to gather here class
of mechanics so skillful and well trained that by
their enlightened industry they have enabled our
business to overcome the disadvantage under which
we labor in the matte of freights, and, as it has
been well expressed by another, tO keep the inside
track by means of your skill" Much of our employ
ment has required the exercise of a high order of
6raln and its result is SEEM not only in the excel
lence OF our productions but in the fact that almost
every list fpatents exhibits Worcester inven-
ton. We have had men of the wisdom of forecast,
and lrmness of nerve which has induced them to
furnish shoproom and DoWer for those whose
means would not allow them to build up establish
ments OF their own and the city to-day Is of the
busiest hives of workers which can be found upon
the continent. 1t will continue to grow, so long as
we possess the class of men VINO are willing to de-
vote their rare abilities to make it the home of well
PAID labor, ana the spot where the best workmen
and the most intellectual mechanics of the country
shall love to congregate.
In view of this hope and expectation you assume
the responsibility Of your various offices. This
rapid growth demands increased improvements and
expenses. Your late lamented mayor devoted him
self TO the interests of the city with the most
selfish spirit, and with the earnest wish to do what
in his judgment, tended most to its ultimate honor
and progress, and most to the happiness and we'll
being of its inhabitants. He may have made mis-
takes in his policy, but he substantially correct
In my opinion the time has not come for change
i'll the policy until his contemplated improvements
are substantially carried out. The irving hour
may come, when the sewer assessments shall be
made, and the betterment law shall be carried
TDV hut E,aIN
cheerfully meet the burdens which are the legiti-
mate results of what they, by their petitions have
asked the city government to do Grateful to God
that our lot has been cast in pleasant places let us
eheerfully assume the burden which the day lays
upon u.s. never forgetting for one moment that we
are building here city which contains within its
future, aud that building, not only for our
selves but for those who are to come after us.
The deaf blind, and those who suffer from any
malady of the throat, lungs, chest, and catarrh,
should remember that they have now the opportu-
nifty of being treated by Prof. Won Moschzisker,
whose success in perfectng radical cures of these
maladies has never been surpassed. Testimonials
of the most prominent citizens who have been
cured by him can be duly examined at his rooms,
Bay State house, fully verifying his statement
Mr. James A. Smith of Cherry Valley gave an en-.
tertainment TO all persons in his employ and their
friends on New Years eve After disposing of the
good things provided for the inner man, Mr. A. Z.
Smith, agent of the company In behalf of the
weayers, presented Mr. A. ~ Laraway, oVerseer Of
the weaving ROOM with beautiful silver watch, as
token of their regard for him. Mr.. Laraway then
surprised Mr.. Smith by presenting him lin behalf Of
all the employees of the milD an elegant bronze
clock and statuettes, valued at one hundred and
five dollars, as a mark of the regard and affection
entertained for him both an agent and friend.
Dir. 5. was much overcome but responded In a few
fitting words, after which the younger portion trip
ped the eight fantastic" till 1870 bid them good
bye, when exchanging Happy New Years greet
ings, each repaired 10 their homes. It viii long be
remembered by all. NJ
Improved Lung Protectors, the best article Of the