The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-03-31
THE CITY BUILDERS.
THE BUBBLE BLOWOUT.
10 FROM THE OLD TO THE NEW.

FROM THE OLD TO THE NEW.
THE "ExcHANGBv MEETING LAST NIGHT-A
LARGE ATTENDANCE OF MEMBERS AND VS.
IroRs-ADDRESsES BY GOV. HENDRICKS,
PROF. cox AND oTHERS-THE INTERESTS OF
THE CENTRAL CITY SET FORTH.
The manufacturers and real estate ex-
change assembled last evening in their new
room, in Brouse block, for the first time. In
honor of the occasion a number of gentlemen
not members of the exchange were invited to
be present and deliver speeches. There was
full attendance of membership, and sew
eral ladies honored the meeting by their
presence. The whole number present, in
Guiding members and visitors, all told, was
about one hundred and fifty, occupying the
entire seating capacity OF the room. The
new quarters of the exchange is in the cor
ner room on the first floor, and is very
neatly and conveniently fitted up. At the
usual nour Judge Roache, president of the
exchange. called the meeting to order, stat
ing the object of the meeting which was to
celebrate the opening of their new room.
Mr.. De Wolf proposed to the firm of Adams,
Mansur * Company, and the indianapolis
boot & shoe company for membership of the
exchange. On motion of Mr.. Kappes the
proposed membership was referred to COM
mittee consisting of Messrs. Kappes, Lord
and Cleveland, who reported favorably,
and were discharged, the proposed men,
bers being unanimously elected.
Mr.. Smock offered the following:
WHEREAS, Since the last meeting of this ex-
change, our city has been visited by fire, the
most destructive and extensive ever known In
members of this organization, with other citi-
zens, have suffered TO great extent, therefore
r.. solved, That, in their calamity, they have
our earnest sympathy and heartfelt wishes for
their success in the future, which shall soon
wipe out all evidences of the disaster.
The resolution was unanimously adopted
without discussion.
Professor Cox was then called for and came
forward. After making few remarks, con-
graduating the exchange on the prosperous
condition; and referring TO the decided i'm
provement in all manner of business in the
city, which in great measure have been
| brought about by their well directed
efforts, Prof. Cox proceeded to read a
| in indianapolis by Hugh Hartmann, of
Omaha, Nebraska, but formerly of Rhenish
Prussia where he was engaged in superin-
tending mines and blast furnaces. He is an
| iron master OF marked ability and high SCI
entlne of the earnest attention of ali
who are engaged In the manufacture OF lron'
The paper is given in full as follows;
vote of thanks was unanimously tend
cred Professor Cox for his interesting adj
dress after which Governor Hendricks, one
of the invited speakers was called for and
| came forward.
GOVERNOR HENDRICKS ADDRESS.
The governor said: Mr.. President and
gentlemen of the Exchanges: except for the
| YOU represent, would not be
here tonight. congratulate you
upon the success and strength OF
your organization. 1 congratulate you also
in having removed into this convenient ana
| commodious quarters where the transaction
of your business will be pleasant TO your
selves and convenient TO the public. L also
congratulate you upon what think you
have achieved in disseminating and wide the
resources and business facilities of our city
and state. 1 think l understand
the purposes of your organization.
yourselves, the manufacturers and real es-
tate men of indianapolis such rules and reg
ulations for theLransaction of your business
as will promote and establish fair business
relations among yourselves, so that no one Of
your association will be allowed to take adj
vantage of any other in your association or
outside of il. Anorher purpose suppose is
to exclude from honorable membership all
unworthy persons who will resort to fraud
or unfair means in the trasaction of business
II you accomplish this you will have
achieved for the city of Indianapolis great
deal When the men all over the state
of Indiana know that in coming here and
purchasing any manufactured article
in the city they may rely with
perfect confidence upon the state
ment that may be made In re.
spect to the fabric you propose to sell, or its
| value, or when men in the state of Indians
or outside of the state shall come to In
dianapols for the purpose of securing
homes, for the purpose of establishing a
business and known that among real estate
n IL l. III &luN 4.
shall be deceived in respect to suitable situa-
ton in respect to the value of surrounding
and adjoining property-when this shall be
established tor our city, you will have done
great deal 10 promote the prosperity oil
this growing city, 1 know an attempt has
been made to ridicule what is regarded as
the boastiDg of the citizens of Indianapolis
about her prospects. think there is
SUFFICIENT BEAsoN
to justify good deal of Boosting. When
an individual boasts of his achievements, il
is vanity, but on the part of a community, ii
is laudable pride; ON the part of state OF
nation, it is the expression of patriotism
and so, when we have sufficient cause to
be proud of our city, it is right and proper
that the whole people of Indianapolis shall
express that opinion, always and every
where. Why not? Since 1860 Indianapolis
has more than quadrupled her popu-
latien, and her wealth has increased
seven fold. She furnishes employ
ment 1 suppose for ten men where
she furnished employment tor two,
twelve years ago. She furnishes livelihood
for population that could not have sub
sisted here ten years ago, she furnishes en-
ployment for labor at generally very remu.
! nerative prices. And is this not much to
boast of? need not.speak of the great i'm
provements that have been made; of the
InI0 uNnlN1 eCl. e hat lnww 49,.
erected for the transaction of business.
can heartily express my regrets, and feel like
dropping tear of sadness over the recent
disaster by fire. Speaking thus much of the
present what have we to hope in the future
for this city. 1t is not q feeling Of hope
without foundation, as believe that we
all entertain. Indianapolis is the center OF
one OF the richest sections of country, in