The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-05-15


IT, Indications OF returning prosperity are every
where around and about Already We have
ton OF all our business affairs. To-day the grecnback
dollar which was born out OF the neccssites
OF The Republic, has practically 100 , GEMS
has We are back 10 the very noint from
which We started seventeen years ago on our
OF aud imitation. The spring OF 1878 mas US
where wo were in the early sping Of 1861, when
tho drum nrst sounded In this land, mar
shalling tic patriotism its valor 10 The defence
OF a nations honor and a nations life. We were
prosperous then, why should We not DO prosperous
now The national government has paid OF us IN
dcbtedness since The closed upward oil
thereby demonstrating 10 the nations creditors,
whether at homo or abroad that America IS MS Jealous
In peace OF her national credit as she was brave IN
war IN defence OF her national life.
Then again, some OF the causes which led TO these
people Economy is taking the place OF exlrava.
gancc prudence and tho place OF Wild ana insane
speculation. Capitalists are seeking surer' 'noosh
sin alicr returns for their Investments.
Our people beginning 10 live within tneir means.
They ara beginning 10 10 brave enough 10 look eacn
scuarsly IN the lace and say ~ m poor: can
afford IL, Ana This Is the healthiost. sign OF inc
timeA. They are beginning 10 recognize that gfaoo
iact true prosperity nSds rs anchorage
In tho intelligence, Tho Industry ana the economy u
There is another sign OF e,urrag prosperity.
II is found In the tact that tho VIII OF the people
is Mt last making itsell fet IN tho management OF
our public affairs. No matter how much wo may
differ politically; no matter how severely We may
critic,se public measures aud men; yet IN snis
think We arc agreed, that the Underlying sentiment
that there shall DO honest ana economical admins
tratlon Of tho AFFAIRS OF tho CITY, the State ana the
nation. Tho battle for purity In poIi.cs ana honesty
The cry OF ''stop tibet" has at last been sehced IN
America. We have no further use Tor public plum
dcrers, no matter 10 which political party they be-
long.
Tnero Is another sign prophesc Of better day
which l must not fail to mention It's sign not
made by mans device. It's a gift voncnsaicd BY
Him who holds the seasons in HIS hands and parks
The pathway OF The spheres. 1t is the spring OF
1
The East aud scattered the land with perfume and
with 1owcrs-whosc early showers and later rains,
whose balmy air and sunny skies are pledge and
promise 10 husbandman and TO people that tho
autumn OF 1878 will be richer in fruitful fields and
havvests than was the unprecedented autumn OF
1871 II this shall be soil this shall DO the rich
realization OF the propheses OF to-day, thcn indeed
VIII prosperity have come to ms people ana 10 tns
nation. Then labor will have It's reward, and plenty
shah MI the OF the howell and the palace alike.
Then, with labor and capital working hand IN hand
together, with specie payments resumed, with hon.
csiy aud fidelity in every place OF pubic trust,
with peace aUl tranquility throughout our borders
With 4 firm reliance on that kind Providence which
has guided ana protected thus far a nation wo
will the future with unbended brow and with un-
fuiering hearts, while upon our lips shall linger the
words, Peace Is at ast within my gates AmericsI
and prosperity within thy palaces
uyIr.D STATES DISTRICT ATTORNEY WOODWORK.
The Chairman next gave the toast, The National
government hard government to fight against but
tS,od government 10 live undcr''-to which Stewart
l. Woodford responded. saying that, with the honesty
and iran kncss always characterized tho ucr,
chants New York. The president has said that alter
the reception that somo OF the nigh officials OF the
govern ent met with hero year ago, there wcrc
none OF them in attendance this evening, but no
begged leave remind hun ttat tho government was
sbiy represent ted BY It's District Attorney. aughter
Continuing no aid:-Within the last fifteen
months during which ! have been the legal
representative OF the national government In this city,
have found class OF its Inhabitants more ready
to further the interest OF the government Dy carry
ing out its laws and paying It's revenues than the
The reaI ative OF the purpose govern
mcnl the hand and OF toe people on tho other
Since tpc war new day has dawned on The people
All the land we see encouraging signs OF revv.
ing prosperity, and tho day cannot be lar distant
when our mercantile marine will be restored and when
vessels sailing from Now York shall carry the Amer-
can flag ana American products over all the seas.
Does any man ask that American interests shall DO
protected In the East n OF IL 'ns "es. New 1 ,Sa
american commerce shall be restored in any
part OF the country? New YORK says
pass no law benefit North or South, East
Of West, but New York is proudol the improvement
and will profit with the rest"
TRUTH TRADE.
The Chairman then gave the sentiment, Truth
and Trade; those whom God nath joined together lot
no mao put asunder," TO which Rev. Dr. Scnenck,
OF Brooklyn, responded. Tho gentleman CON-
menccd By alluding 10 tho popular impress
men In The world, and projected to Route this BY
stating that thcrc was no class OF men who got
through ME on such SINAI, incomes ana
OF bankruptcy In regard 10 "Truth ana Trade" no
said truth was ETERNAL wh,c trade. he was afraid was
his bread by the sweat OF his face the amount Of
lodging from this decree has been simply wonderful.
N ost men prefer TO have others sweat while they
cat the bread. Trade whenever prosperous has had
truth for its hand maden not that honesty Is the
bcst policy, for honesty Is not policy nj ALL Wo
will proceed TO contemplate the hahcr subject, and
claim that the only successful mon IN any nation are
those who have bought tho truth and sold It not.
Men who have made honesty subsequent 70 policy
are who, notwithstanding thcir apparent pros
perity, must have always proved signal failures.
Coccre,am.n WHITE snoke n tbe mint of sCor
rress." He ID bcisve that the nations honor
menI When that is done We shall dispose Of the IN
qulsitorial war measure known as the income tax
(applausc)-and the tax tobacco, ana In thc
latter respect don't boleve that while looking ut
some OF my friends here docking nj General Han
cock) that much damage will be dono to tho army.
The chief evil that you have to confront Is
that the nation is barricaded; that 1t Is cut
on; that Its products lind no foreign
markets. because We are oppressed by a tariff, tho
only object OF which seems to be to make the fow
rich At the expense Of tho many. 1t tramplcs on
Gods law. by prohibiting each msn TO sell mo pro-
ducts OF his Industry TO the greatest advantage
GENERAL nAScock's SPEECH
General Hancock, In responding 10 the toast OF tho
army, said that no would not take up the timo
OF The meeting very long with that subject,
as Il was q branch OF tho service that occupied
ut the present time very little public attention. Tho
army In The past had rendered good account Of
ITSELF and IL called upon in tho future he
would respond with aIacrity.
Other speeches were made by Commodore
Nicholson. OF the navy who spoke Tor that
arm OF tho service. General Horace Porter, who
made humorous rosponhe TO tho toast
OF rapid transit, ana cxMayor Hunter, OF Brooklyn,
VINO at tho request Of the president delivered lew