New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-09-11
SPEECH OF JAMES W. Hustled.

Mr.. CHAIRMAN AND MERCHANTS OF NEW
YORK presume that the honor of the invitation tnat
was extended to me TO meet the financial and intel
Iectual power, the commercial and the mercantile
wealth Of NcYork City, tonight, is due TO the TACT
that through q brief legislative career have en-
deayored lay in power to represent on be-
hafOf the City of EewYork those bills In connection
with the canal policy OF tins State. Highly h0nored as
felt i'm receiving that invitation, still shrank from
making any address, as the major portion OF this
audience are certainly far familiar with the ques-
tion to be discussed here tonight than hope 20 be-
Although the OF a merchant, am not a merchant
myself You will pardon me, Therefore, II ] avoid all
statistics in the br1ef remarks L kaye TO make VIII
conne myself strictly to the question OF cheap trans
pOrtatiOn
The problem Of cheap transportation s the great prob
lem Of the hour It's Importance Is felt throughout the
length and breadth OF this land II strikes the capitalist
and the aborRg man. the merchant and the farmer.
The war and its issues settled the financial wheels,
except as they occasionally boekedby rev money
gamblers in Wall ST., run along slowly steadily, and
surely the internal revenue and tarh nave aoOusbeu
themselves TO the times; Protection and Free Trade
have cried quits" at last ami gwen up the nglorous
battle fought SO long. And there is only one question OF
general interest which urges itself forward and that is
this question Of cheap transportation. The question
is eliminated from politics and should be, except
so far as that word signifies craftsmanship would
first demand that dOube-track railroad should be built
from the City OF NewYOrk to the Far west; ana that
double track should he reserved for freight exclusively
confined almost exclusively 10 through freight. II
should be double track running upon narrow gauge.
and so controlled and managed that society, no cor
porauon should interfere with s free and unrestricted
movements ouch road be built. and mue,, NC
built and will be built IApplause.l Already you hear
from the farmers Of the West that voice which in
trumpet tones announces that the monopolists can
no longer crush them out Of existence; that
their exactons on freight which have rendered
the products of the soil as ashes in their hands shall
cease fAppause And that voice is only the echo Of
the voice the merchants raised against monopoes
years ago-against the mOnoposts OF this State who
sreve TO obstruct the interests OF the Eric Canal
their life they beautiful and In death the two
did work in connection with Canal Ring, There Is
way In which this railroad con be built 30 az 20
compete with the moDop0ists who now control the
lines and fight them their ground and that is by
the .opeettion OF the merchants of NewYork. Zap
pause,l
THE FUNDING BILL
Beeoudly, would urge. and do now urge that the
merchants OF New-York 10 II that when the Lgsla-
re Of this State convenes again the hrst measure that
shall receive their consideration shall be the Fdndng
Hill enacted by thu Legislature. Ny friend Mouiton
says You are robbed of the results of that measure by
the trcery of the politicians" Now it is time 10 eacn
II only the politicians. but the statesmen that the
merchants and consumers represent the great mass OF
the people, and that TO tner nat every man must bow
say there 'is more important question
for the merchants TO take mp than the gues-
lion with reference TO the funding Of the canal debt
Lei them see that soon as this LEGISLATURE SHAH
meet and frame the measure and II goes before
the peOpe for ratification in the Fall, that the people
VIII vote for it, II imperative I'm view OF the results
OF the trickery which has cheated us Is Incumbent on
HeYork to see that these ballots az every poll in
the State OF New-York 1t is measure approved by
most OF the west mon in the state snd every friend OF
the canal; aud every friend OF cheap transportation
ought 10 give iJ noe 0y his udorsement and approval
but the weight OF his pee sOnal influence IL the en-
ing wedge IN this great struggle which Is now demand
ing attention.
Thirdly that EewYOrk presents advantages suner4or
all the States Ia view, then, OF these TACT all
these merchants should Tonight select their anes1 aud
hest men 70 90 before the conttees OF the nation aad
the state aud present the tue state OF tue ostsc and
give them the information which Is treasured up al their
minds.