Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1878-12-24

lsrsolAL DrrArcurs TO ru 0oLD HnI
DAHL Naval
FoREFArHERs' DAY.
How Il Was Celebrated In New FORK
and Other Places-A Speech BY
Secretary Sherman.

How IL Was Celebrated In New YORK
and Other Places-A Speech BY
Secretary Sherman.
NEW YoRx, Dec. 23.-At the seventy.
third annual dinner OF the New England
Society. tonight, many distinguished
persons were present. among them Sec
Rotary Sherman, Secretary Evarts, Rev.
DR.. Storrs, Governor Van Zandt, Senator
Blaine. DIR. McCash aud DIR. Potter.
After the cloth was removed President
Appleton gave the toast. 1.-THE Day We
Celebrate" which was responded to by
Hon. William n. Esarts. After refer.
ring to New England and her institu.
tons, he said: with our hardihood.
skill and industry, we are a formidable
opponsnt in tho worlds competition. II
we wish TO build ships, let US build
them. II We wish to buy ships, let US
buy them. Let us enter into the harvest
and reap il; but let us understand that
none Of these processes are to be carried
ON except by the same courage aud self.
denial which made out OF the outcasts OF
tho old world the great nation that we
are"
Secretary Sherman. responding TO the
toast "The National Faith ; to be
Guarded M watchinlly as tho National
Life" said /: "The public faith OF a ma.
ton Is like courage to a man or chastity
to q woman-it must be beyond suspi.
cion. The nation that will not observe
its public faith when pledged is dishon.
ored and ought to DO stricken from the
roll Of nations. Nothing can excuse n
violation OF the public faith except
overwhelming necessity, which knows
no law. All Of us will agree to this
axiom, but, as our Puritan preachers
would say. the difficulty is in the nppli.
cation. Questions have arisen upon the
construction OF laws relating to public
obligations upon which men have hon.
estly differed /; but n thing was always
clear and u~udisputed. that the national
faith was pledged to the payment OF
United States notes In coin. The time
when Il should DO done. and this only.
was q question Of public policy. The
public faith was pledged with tho issue
Of the first notes In March, 1862. II has
been repeated by Congress, by both
political parties, and vas made def.
mite a. TO timo by the lie.
sumption Act. l rejoice with you
that the time Is near ut hand when
this pledge Is to be fulfilled and when
all our money will be kept equal In pur-
chasing power with the best gold coin
issued from the mint. II has been a
hard road TO travel. but when we were
driven from the specie standard by the
necessities OF war 1t was certain that we
must return, and that when we did 1t
would be with difficulty and suffering.
We delayed too long the voyage. We
wasted our in unproductive
enterprises aud riotous living. before
our people could be induced to attempt
the task but now that II IL nearly ac-
complished Its maintenance will DO easy
or difficult, precisely as the business
men Of this country, and chiefly Of this
city, make IL. Congress, hitherto doubt.
ing. waits In hopeful expectancy the
maintenance OF resumption. The Su-
preme Court il. / believe, unanimously
In favor OF retaining coin as the Consti.
tutional standard OF money. The Presi.
dent OF the United States will not only
enfore the Resumption Act, but has an
abiding faith In its easy execution. The
powers invested In the Treasury Dc.
partment are ample TO meet even nn OK.
IRENE emergency. but | do not antici.
pate any necessity for their full cxer.
else. Coin will not be largely used in
tho ordinary transaction Of business,
but other forms Of money. strictly
limited In amount 10 the sum that
can safely DO maintained ut par
with coin, will DO freely paid and nc
ceptsd as money in all transactions aud
for all demands. The necessary conf
dcncs that will make this easy will dc.
pend very much upon men who like you
In the great works Of trade handle the
productions OF our whole country. IL
you. guided by the public good Us well
as enlightened self.intersst, will support
the policy Of resumption. the notes OF
the United States. like Its bonds, will
travel with increasing credit the circuit
Of the world. These notes should be
regarded not az heretofore AS irrcdeem.
able and deprecated money, but ns the
| coin certificates Of q great nation. rich
In mines, workshops and broad fields,
and richer still in untarnished honor.
Every man should feel that to aid in
this Is q matter Of pride. and to obstruct
II q Just cause Of %reproach. You may
be sure that the Executive branch OF the
Government will do its full duty in
maintaining resumption. II will rest
| with tho business men OF this country
TO make II the beginning OF hopeful
prosperity"
The toast "The Clergy OF New Eng.
land" was responded to by Rev. DIR.
Storrs. and Senator Blaine spoke in re.
Spouse to tho toast 1.-THE Pilgrim
Fathers" In tho curse Of his remarks
no said New England ought TO consider
what the West had done for her. lthas
moulded and changed and developed
| New England, aud just as New England
reacted upon Old England the sons OF
New England who 80 West react upon
| New England, and its idcas have become
more potent by the fact that the original
source has been acted upon by streams
| which return 10 Ii.
SAN FRAScIsoo, Dec. 23.-Tho New
- II. l. H.