New-York tribune., 1872-07-05
THE POLITICAL OUTLOOK.
SPEECH BY VICE PRESIDENT COLFAX.
THE FERRIS OF THE REPUBLIC-A GLANCE INTO
THE FUTURE.
fBY TRLEGRApH TO THR TRIBuSR)

THE FUTURE.
fBY TBLEGRApH TO THB TRlBuNR)
KALAMAZOO, Mich, July AIT the Fourth
Of July celebration here to-day the ViccPresdent OF the
United States was the orator Of the day. ana
spoke I'm substance as follows: Mr. Colfax,
after aIludipr TO tho Fourth OF July as
our Jubilee dav when patriotism enables us
70 say that VIC are NIL Democrats and Republicans, re-
marked that orr thoughts naturally turned at such
time to the gores OF the rast and present OF our haoh
but that we should also improve the occasion 10 cone
pato and resolve TO guard against the possible pers OF
tee future He quoted the striking contrast Of the great
Spanish Republican, Castelar,, in which no
classes Asia as the continent OF the past
with its tbeocracies and caste; Europe as the
continent Of the present. with its conflict between
ancient modern ideas while he halls America as inc
continent OF the future, preserving an equhDriun e
tween liberty and progress and harmony pct"cen lio
erty and democracy, destined TO the grandest cVnza
fon OF ALL II t guards against danger and evil from
without and within.
Mr. Cofax enumerates as OF these possible perls
of the Republic -Oyerrading abroadno settled oy
Government State and railroad bonds, ultimately now
ever to he paid principal and interest In American goo
He inststed that nations. like Individuals, should Two
within their means. Second, building and gong
in debt abroad for too many railroads. IhiTo
increasing the national area, if 1t brings with it
unwilling people or natural hostllities and unless IKE
marriage, with hearty assent OF boh peoples ne sIdu
0na ncTils, but that depended on what the speaker
meant by rehabilitation; for himself DO peneyes
that the Government only wortp lts necessary
cost and burden governed, when 1t gnbed insured
protection and municipal reform, rendering local .A
ton far more than national notwithstand-
ing our heavy debt II FF
5SStfef Danger is t5 Increasing power of great cor
poratiOns which should be wisely limited, especially 10
watering stock except by express legislative authority,
10 renders higher charges on the pubic necessary 70
make dividends Corruption, whenever clearly discoS
cred in National, State, or munlclpal Governments,
should be sternly punished as greater CRIME
than private embezzement or theft Another danger ls
expansion; the people demand protection abroad ana
protection at home; protection OF existence from DID
domestic or foreign He closed by commenting Oh
the extraordinary developments and grave posslbhes
Of our nation extending from the capes OF
Florida TO the Behring's Straits and the Arctic sea-
and said the truest test of wise ana Denlhceht
legislation for our 100000 OF people was that gwen Dy
God himself bv Moses There shall be but one manner
of law for him that is born among you, ana rune
Mr Cofax seemed in excellent tspirts and aluded 10
the fact that he was not any more candidate IoI ot
giving the appearance OF who felt ms freedom anu
INDEPENDENCE after dinner. He was driven through te
mqrninciently shaded streets OF kaamazOO anu was
warmly welcomed.