New-York tribune., 1876-05-05

trade away tell you here tonight that under the sys
ment from which this city has, suffered and and
from which my friend here ana myseiI 'riSo ISo
nG ago relieve 5 relieve M 90 ra an ar we the here
that can ship box OF goods to Cmcago anu oPc nv =,
cheaper than yo9 can do it in UnSns4qare hg AZ R yGI
more, that 1t goes TO other places, when you nave nave
spent your time and your thought anu yOHr cos
ornaments TO which this city will not grow up III oo
years. instead of attending to those things Which i'or
have tried to show you that know all the means
of prosperity Why we not prosperous The reason
is very simple 1t lies plainly here There is no proper
relation established between capital and credi and be-
tween capital and labor Why is there no proper rela
confidence has departed And why has confidence de-
P@ed m Because S man Tn8 % mas MAI kR0M @
happen next he dS know Will 'not no
worthless paper. Why is it that you wallst. have
money there lying idle which you say you will loan at
2i9 per year government securtesi Why Is 1t
you are not able to borrow money IN any enter Sy
e Considerable timei The simple reason is that men
are not certain about the future; that we III nano we
certain what it will be year from this time II 1t were
fixed. established, and you knew what was to happen 90
you suppose that would not loan their money IN en-
terprses at high rate of interest when now they won't
loan it at all 1t is simply because that conn
dence is lacking; and that confidence VII never CONE
until there is system established that VIII SATISFY
the people that it is 10 be lasting 1tdEiisSnJ Ss
coincidence will return, and men will be eager
loan their money at higher rates and labor and the
industrial enterprises will revive and labor VIII DC wen
paid, and the millions of willing hands now without any
again in tnat prosperity to which it Is entitled -
Now, have only one more word 10 say n0u ought lo
have great influence on that contest Wnch rs apo, %
coming. In very short time you are 10 deca9 VINO %
ia to be nominated for the President OF thc
United states-who VIII Deeeced a9u nave G With
with it with your money aud influence, aIa Mc,n N
those powers which intelligent men always exert 10"
If you turn your selection TO some man Oh en & Thai
of an experience IN public analrs anu ,,isr .asr
broad knowledge which fits him to hdi'nis,er hd s,r
you selected him. the country will pass ON again IN
that prosperity which belongs to it, and which VIII DC
grander than has been known before.
GOV. TuDEN's SPEECH.
The President then said: "The second toast on the
programme is The State OF New-York,' and have
great pleasure in presenting TO you in response 10 ts
toast Gov. Tden, who IGreat applause the audience
rising and choeringl-whO, say has come down from
Albany be with this evening" lRenewed applauSeJ
Gov Tilden then said
II must be but word though. thlnk the wisdom o he
commercial community is concentrated ana Pefsonled
in your presiding officer. lApplausel shall not theie-
fore dare dlsobey his injunction or to trcSpass upon
your time beyond the limit OF his permSs.3h;
You account of the melancholy and deploTaG3l99
chair [Laughter.l confess, as look round me- see
that the statement appears TO have depressed several
evening for have just Albany go bills that are
10 become laws and which have To pass IN tht next
twentyodd days But when think Of the several nun
dred bills that not passed, my inelnchOy luihS
into Joy Laughter and applauseI do not Know
rs add anything 10 what mas been already sau ~
respect 10 our commercial troubles Nothing 80 much
interests this audience but lnasnuah as the At2Ie! o
the Federal Government has come n,IG ana put IN fog
loru | do not that anything remains bui
TO enter mp Judgment Great anghier ana atpauirh ~
Undoubtedly wnen my friend jsHcd What IS ,t tno
matter with you, and then answered REORGANIZATION
aud abuses IN en- h Pu' @ yinn S V bnt tIr
evil. But ne seemed 20 naNc an III ', ,
principal OF the difficulty was municipal govern
ment. Now, my telowciuztns, the Federal Govern
meni draws from the i've millions of people IN the state
NewYOrk more far more OF taxes tiln te state GOV
together. [AppLIusc Mr.. Opdyke, In the Convention
1867, estimated the taxes OF Tue Federal GoNcfhnth
in the state of NewYurG at SsOOOOOoO but putting II
much that they exceed all local taNau0h ana
all state taxation And in that connection have tho
satisfaction announce to you that THIS session Ol me
Legislature wllcn has just closed has kept down the
tolls the Eric Canal provided for the improvement 0
that great work and Tcnittcd eight OF the sixteen NH
lions OF taxes drawn from the people OF TINS state TWO
Fhis leads us 10 consider tle not merely tho evil
but the remedy II Is idle to ialk abodt oEeI-thAatoh
unless we reduce taxation Ana ~ Is gdying 10 me 10
state Government RENTS TO the people OF Nt"ioIh
four millions Of taxes lAppansel qnie HsIoo WIN
the pOwcr-thiS body OF men can exercise over puDlc
opinion, and the dcStinies OF our country win
firm bold fearless and decisive hand you VIII srke at
these evils, prosperity VIII again return Jap
plause OF course 1 am not here tonight To- SPEAK "h
This subject; am simply making, as the Down Last
clergyman says, the Application O the very 'Aooo, g
mon have heard from my friend lGIcit appl'u'oJ
In the absence Of Mayor Wickham' Judge Brady was
called upon to respond The City of New-York" lie
made facetious and personal remarks which e1-
cited much laughter
SPEECH OF DIR. JOHN HALL.
The fourth toast Communicable outgrowth OF
freedom the ciyilzer OF nations the distributor OF
knowledge the haudmaid OF power" To hls the Rev.
Dr. John Hall replied in substance rs follows:
1t Is only necessary 1t TO me- for me 10 say few
the gentlemen who are here and who represent
Of this great city, ns expressive OF that
ought to be regarded by the noncommerclal classes
the lawyers and the medical men, and the cergymen OF
the city. | say here what have sometimes said from
the pulpit where It is my province to speak That all
OF us these Oiher classes are Dependant IN very
commerce this city, the character Oi the CONNER
cal Of this city, so In very great degree VIII be
our comfort IN community in which we are clii2rns.
said the other day to very intelligent friend Oi nc
this city "NOw, pray, what IL IT that strikes you
Characteristic OF me people Of NewI0rk here as dis
faniliarf Aud take great pleasure ~ repeating ms
answer, which think wa. given not only ,inel,Iscnty
thing that strikes me here Is That there IA snc large
number Of good people ScP o a s 6n1 Srn % o S
with such free an generous and opcn-hlhIed sprl'
think am bound 10 say that that testimony Is true
am bound 10 say that as a clergyman have never had
the opportunity 10 present anything 10 the conhcIcia
men OF this city in tnat nc-in which as minister
NAV be suppOs "a to be specially nerestcd-that had
foundation In good sense ana inherent IlSh that dd
not trrcciyc a generous and prompt. and may say
most truly Christian response. nave the great ~ salts
faction in bearing this testimony, because tuc
common impression among thosc who have not given
anv attention 10 the subject Is that the necessary
calculations and savings that must needs come In The
progress of a commercial life fctcr and restrain the
generous impulses OF the human heart have not fOund
II So IAppiausc And as long this u so there may
bo local disturbances and temporary da"Gacks ana m
conyencnces and occasional depression, but II Is im
possible that the prosperity Of this great city can be
permanently imledcd 10y any such local ana
occasional causes. lippauscl You have noticed
the variety OF phrases employed IN the
toast that has Just been read by the
President relation 10 Commerce. one o these phrases
describes Lcr as the handmad Of power Being maid
il is TO be expected that Commerce viii be snguary shy
reserved sensitive. Commerce does not give ef
confidence u monGh or in year, ana there must DE
thorough confidence in order that may have Com
merce on advantageous and friendly terms with US;