Evening star. [volume] (Washington, D.C.) 1854-1972, 1878-09-06

1t is not necessary that I SHOULD dwell
upon the Importance Of this favorahsa state of
The balance OF trade. Balances must De set
tieu III GASP, IN the money OF The world. The
enter i>ss OF our business men reach out To
all Parts Of tie world. Oar agricultural and
mah'siaciured products more aud more seek
40 hfu their market in foreign countries.
, ne commerce OF all parts of the world. bound
.oeether more than ever by steamships. rail
r"auS ana telegraph, is so connected that II
h =, Dt conducted on the same principles ami
us .ne same Observation-Disclosures by all who take
patt 10 II. We cannot il We would, We should
Of the vouia, isolate ourselves from the rest
~ M t an cur measures for the Improvement of
. our nnahcial condition all should remember
and with the Old World requires RI tonr 49,
c1al system shall be based on principles whose
soundneSs and wisdom are sanctianed hy The
ment of all mankind. With diminishes anS
still diminishing public burdens of debt ex.
pen9itures and interest; with an Improved
may well hope that we are on the Threshold oi
better times. But We must not forget thai The
surest foundation OF restored financial pros
perity is a sound constitutional CURRENCY and
unstained national credit.
I'll here is another interesting subject that is
worth giving attention to, and thin k il is en-
couraglng and full OF hope. The surplus popu-
ing their Way. as they never have done before.
TO the beautiful states and territories at the
west tAppiause.I And what does that mean
IL
latiOn that goes OFF gives a better opportunity
for employment of labor and industry there
aid hele i'll the new states they are making
heir homes and they are furnishing them a
market for the supplies from the old states.
But il has more than double advantage.
There are three advantages. Ii relieves the
states lt furnishes market 10 the old states.
and with their products in the new states they
help 10 swell The tide OF exports TO the Old
countries
That is what this change of population
means, tON Know mnPh mora ahont IL than 1
do. You have lived here and seen it. And
now this movement OF populaiion-whati is il
DONG? We see the great states. one in the
distant south, one i'll the center, and the other
here. There is Texas, an empire in itself, re.
ceiving larger numbers of population, perhaps,
present decade, having sugar, cotton and
wheat and cattle. There is the state of Kan
sas the pioneer i'll the great struggle which
dedIcated an America TO freedom, and the
stars and stripes forever. GBolsterouS and
prolonged applause.l She is having her share
of this prosperity. And MinneSota-I need
not say, God bless Minnesota. He is bless
ing her," tReDewed applause
And here let US remember what great
DRESSINGS We have. 1t Is not merely material
prosperity, 1t Is not merely great crops OF
wheat and corn and great numbers of cattle,
but the faces L see around me show that no
shadow OF pestilence is upon this community,
or perhaps ever can be, while down your noble
river af1ilcliOn is spread over all that country.
We admire and SympathiZe with the noble
men and women who, as physicians and
nurses, are carry ing succor to Grenada and
Memphis and New Orleans, and the other
cities aiillcted: aud am told that you of Min
neSota of your abundance propose TO day to
do something of your share towards giving
fehef TO those stricken communities. Zap
Now, my friends, with this picture, as
think, so full OF hope for the future for you
and as individuals, do not venture with
confidence upon predictions of prosperity re-
viving. have no spirit of prophecy, but rea
Sonihg. Let us see how it sands. The debt
is great burden upon labor and capital Ii is
greatly DIMINISHED, and is still diminishing
Taxation is a great burden upon labor and
capital and 1t Is greatly diminished and is
still diminishing. 30, too, as to the expenses
OF the government, and then with that which
helpS us, a sound currency coming, and i'm
migration coming, may not confidently say
that these are indications, at least, that We
are marching to the threshold of reviving gen
And now shall we look around for a new
way to pay old debts or shall we march in the
paths marked out by the fathers, the paths OF
honesty, OF industry, of economy? Shall We
do what Washington and Franklin would ad-
wise? That is the question before the people
today. My friends, enter upon no question
ion-we may be mistaken, all of us-but be-
lleve that restored financial condition de
pends largely upon an honest currency.
T Sseat applaus Sc And why do say this2
now In which We are taking part, and that is
the same thing the globe around. We have
WIN US To-Day bhe gentleman who Is at
the head of the Signal service of the United
States; he is known popularity as Old Prob
abilities. He Is not old and fear he is not
always probable, Ilaughter,1 but certainly in
the science of meteorOlOgy he has gone further
than any other, and what he does he tells us
de says that this atmosphere OF ours, this cir
cumambrent air that surrounds the globe is
one as unit, aud that they have discovered
by observations all over the globe that a great
commotion great disturbance on any sea or
any continent, sooner or later, Is felt In every
other sea and every other continent, and SO
the commerce of the world is one. Where there
Is very hard times i'll one great nation, sooner
or later IL goes around. We should then use
our financial system on principles, and by in
StfumentailtieS that are sanctioned aud ap-
proved by the best judgment of the whole com
merclal world. Then, repeat, if we want our
standard OF financial prosperity TO be uased
upon sure and safe foundations let us remem-
Der, let us all remember, hat its best security is
an untarnished national credit and a scum
constitutional currency" tGreat and pro-
lOnged applause
AT the conclusion of the Presidents speech
there were loud and frequent calls for General
Myer, chief signal officer of the army. Presi-
dent Hayes introduced him. General Myer
then made brief but felicitous speech At
tOrney General Devens followed, making a
fine address.