Daily globe., 1878-09-14

Arade ABUSED Dy POLITICAL Harangut
and Defense OF Pirate sherman-Othel
Incidents of the Humbug's Stump Speak.
ing Trip.
CHICAGO, Sert. 13.-The President and party
arrived from Lake Forest at IL o'clock this
morning, having made brief stop at Evans
ton, where the President made few remarks.
Upon his arrival here the President was met by
committee from the board of trade and was
! escorted to the chamber of commerce where
President Fairbank introduced him to an au:
dience that crowded the floor and galleries Of
the room, and that welcomed him with cheers
and clapping of hands. In present ting the
President Mr.. Fairbank spoke as follows
Mr.. President: After the hearty and enthu-
siastic welcome you have received from the
thousands who have greeted you, I feel that I
| can add but little to the expressions of pro-
| found respect and love which the people of the
Northwest feel for their chief magistrate.
! of the board of trade Of Chicago if failed to
express to you their qualification and thanks
| for the honor of this visit, nd to add their
| voices through me to the grand and universal
chorus of welcome. lam glad. sir, that it 30
! happened that you made your journey to the
Northwest before you honored US with this
! visit, as 1t has given you an opportunity to see
! something of the sources of our commerce, and
| what makes this board of trade one of the
largest commercial organizations in the world,
the daily transactions of which are un-
paralleled, and what makes the Chicago of
to-day possible and makes nothing impossible
to the Chicago of the future. 1t gave US an
opportunity to read your cheering and en-
| couraging speeches in relation to the financial
| condition of the government and country aud
| to thank you for your words of cheer and hope
| This is q purely commercial organization COM
posed Of men of all political parties, but we
| recognize the fact that commerce cannot exist
without law, aud do not hesitate to pledge to
| you the hearty support and cooperation of
| every member of this board in maintaining
| them.
| Mr.. Fairbank then formally introduced Pres
ident Hayes to the board who spoke as follows:
| Mr.. PRESIDENT AND GENTLEMEN: l need not
say that it is great qualification to meet and to
be so greeted by such an important assembly
of the business men of the United States;
such an important assembly may say of bust
| ness men of the world. It is not my pur-
pose to enter upon the discussion of
| any important questions or subjects
that interest you as business men, but few
plain words as to our present condition may
| perhaps be acceptable. We have passed
through period Of business depression during
the last five years. For more than a year past
it has been my impression that the causes of
that depression had gradually disappeared, and
that indications of better times could be seen.
and it is my impression to-day that that which
| bas postponed the restoration of business ac-
tivity in the country during the last year or
! year and half, has largely been not any real
cause for depression, but lack of confidence
| in the business community, in the stability Of
legislation, and that if a year ago there could
! have been among business men in this country
yIorn lox IT.
| policy of the government / think we should
| have had better times to-day. (Applarse.) }
Then, my friends, the few plain words wish
I! to say are these Let us now, let us for the
| coming, the immediate future, do all we can to
| secure and to inspire hope and confidence in
the business community, and if Instability of
legislation or the apprehension of instability
In our legislation is keeping us back, let us do
all we can to see that those who are charged
with legislation in this country have the wis
dom to let the business of the country alone.
(Applause.)
You and I, gentlemen, may not agree. We
probably do not agree. Hundreds of those
present do not agree with me as to the wisdom,
for example, of the resumption act. Many of
you would not have voted on that question as
l would vote. But it is now thing of the past.
We have gone through whatever of evil belongs
to that act. We have come to point where
coin and paper are abreast of each other. Let
| tion let well enough alone, and not by enter
ing anew upon schemes untried have another
| such period to go through. The gentleman
associated with me IN the government who
| has especial charge Of the matter-I allude
to the secretary of the treasury,
think to be square and frank and open with
the business men of the country. You may
not agree with him, but this merit it seems to
me may be claimed for him. He has had in
this matter no secrets Of what he was doing
He has endeavored to inform the country about
future, if understand my own wish in the
matter, it is that you may know exactly what
basis you upon. That's more than half the
battle. (Applause.)
But have detained you too long. 1 do not
propose to say a word in favor of any other
policy than this. Let us not undertake in this
important matter to regulate the currency. To
tinker too much with legislation on that SUBJ
ject as, indeed, on all others, is one of the
evils of our time in America. applause J
l leave off as I began. Let us see in the
gradual approach to the same standard of all
States signs of hope. The march of events if
undisturbed is plainly leading to better
times. (Cheers.) The President then intro
duced Gen. Meyer, of the signal service, who
| spoke pleasantly of the weather bureau for a
| few minutes, after which the President with
| ing.
After leaving the chamber of commerce the
| Presidential party became the guests of the
Chicago club and were driven to Lincoln
Park and the lake shore drive. Upon their
| return to the Grand Pacific hotel the general
ticket agents of the leading roads Of the
United States and Canada, who were in session,
sent committee to the President with re.
| quest for permission to call on him to pay
| their respects. The President met them in the
ladies' parlor, and after the usual preliminaries
addressed them for few minutes in a pleasant
| manner. on the relations of such officers of
| transportation lines to the people.
Later in the day the young Republicans
called on the President, and an informal talk
on finances was had.
At o'clock President and Mrs. Hayes were
escorted to the elegant rooms of the Chicago
club, where with select company of twenty
one other guests, they sat down to Dime,
served from to Z. From till nearly II
o'clock private reception was held. Five hun
dred invitations had been issued, and In re
sponse the most prominent gentlemen and
ladies of Chicago society thronged the ele
CANT and spacious room of tht
beyond description. The President and wifi,
received with great cordiality contributing b.
their easy, informal manners to the pleasure O
the occasion. Theroom were neatly decorated
and everything added to make the gatherin,
long to be remembered among the social event
of Chicago 1t was distinctively social an,
non-politic company. Among the guests wer
the following gentlemen, who were accompa
MED by their wives and ladies: L. 2. Leite,
John B. Drake, J.v Farwell, George W. Lyon
Fred Grave, w. F. Storey, P. E. Stude
baker, Joseph Medill, Clinton Locke
Alfred Bowles, G. Il. Fargo, s. M. Harvey, J
G. Seaman N. B. Judd, Potter Palmer, Wm
Hanrv Smith franklin MacNeauh TT Con
n. Sheridan, N. n. Fairbanks, N. B. Otis, Judg
Rlodnatt Iudne ROGERS and scores of other