The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-12-24

suck its wealth without destroying its flu
s sre Of wealth s.s to
of the ancient Romans in their wonderful
system Of colonization by which they annexed the
Qaughter)-that with them war stood for
tradc--Qaughter and applause) and by the con-
5fs s ah% ay % wealthy ahS
and power. The mischief OF that was found to be
that It but succession of brilliant achievements
wiser than they having secured the eggs pamper the
goo that it may continue to lay them for bene
it Applause and laughter)
Now North and South East and West there is a
determination to show the nations OF the world that
having thriven as well as We have after these
divided counses, and in spite of these discordant
and divided interests we are ready to try conclusions
with the rest of the world, and making
Applause No nation before has ever ap-
peared in the commercial system Of the
world preserving the remarkable features that this
now united nation presents. We produce the cereals
that can feed an army OF workers. We produce the
staples of manufacture that can feed wilderness Of
machinery that devours cotton and iron, and de-
pendent upon foreign nation for supplies for
either that which feeds the workman feeds
the machine. We are in the advanced stage
of that human industry which has changed the bowels
of nature into the service of man. and i'll po
sition to contend the markets the world fear
ing neither scarcity OF food nor scarcity of
NO MEAN COMPETITOR.
Against nation thus fully furnished with the
perience with the hardihood, with the skill and
with the industry OF our people, you may
in the great arena of the worlds competition: and
by the same token we shall be looked upon with
welcome feeling by the older and wiser nations that
have profited by folly and INDIGESTION in the
past. (Applausel 1t is for us to enter into the
harvest field and reap it. But we must not wait.
standing first on one leg and then on the other,
as to which foot we shall put forward in our
progress to that harvest field. II wish
to build ships let us build them--(applause);
if we wish to sell material let sell it.; il we
wish to sell the products Of our industry let us sell
of these great processes to be carried through by
in generation except by the same enterprise;
which made out of the poor. poor outcasts
from the Old World, the great nation that to-
day. tApplause.) 1t is easy to waste an in
hertance, however great and however noble
the ancestry from which it The
only absolute and memorable demand is if the
inheritance is to be improved and enlarged and
transmitted to descendants that it must be by
the maxims and conduct by which it was built up
from the beginning. Applause)
THE FUTURE AMERICA.
Now, as have said the whole country Is ready to
manufacture. The whole country is ready to engage
in commerce. The whole Mississippi Valley is
wide awake on the subject of direct trade to
Europe and with South America. Every distant
port. Gaughter) Wherever / shan travel in future
years. in the midst OF the prairies or halt way
up the sh a. ssss ne to
houses Q.aughter.) They intend. also, to have
factories and operatives north. south. east and
to be Americans. or the American system
Of doing with their might whatever their
hands ind to do and New York is not to be, be allowed
being seaport has given MS little advantage at
the start. but that can be overcome by
else they may deprive of i'll superiority there
is thing which is. perhaps more precious
en no and no good Fortune in the
rest of the country can deprive you Of and that is
they deprive you Of your proximity to New
England daughter and applause)
CHAUNCEY NJ. DEPEw.
Mr.. Depew said that when Governor Robinson
"depewted" him to represent him it was on account
of the singular similarity of their personal, APP
pearance and the identity Of their political convc
tions. The Governor said II MI. Depew's speech.st
benefit did Mr.. Depews efforts upon the stump he
would be perfectly satisfied with the result. The
become popular in New York was because New
York had become the centre of New England ideas
and the radating centre OF New England influences;
a Of freight from New York. N4aughter) Fore
fathers Day would be celebrated in New England
newspapers read not fifteen miles away and
would be remembered only in the indgcs-
But the celebration Of Forefathers' Day caused the
federal government to cease its functions while
the brightest and most progressive i've. sons in
had represented he said. in turn every nationality
in the city and had attended the dinners Of EACH He
made playful allusion TO the characteristics OF each.
Speaking OF the Irishman the speaker said that he
claimed two-thirds of the offices as his right
and the other tllrd as matter OK merit.
Uaughtcr.) The Scotchman ate his haggis aud
proclaimed that all mental and moral philosophy
and all intellectual development emanated from him.
land then he laughs over the jokes perpetrated at
the last years dinner and sercnely contemplates
those he will laugh at on the next OCCASION" n
SECRETARY sHERMANs SPEECH.
To the toast '.The National Honor to be Guarded
watchfully the National Life" Secretary Sherman
responded as follows:-
chastity to u woman-it must be beyond
picion. Applause.) A nation that has not OBJ
free people and unfit to live. tApplausel No heri-
tage is priceless, no property so valuable to
nation as public honor An honor that L
furnished, time erase it and good
conduct repair it. Now. these maxims which
suppose you will all agree to. but the difficulty is.
as our old New England Puritan creatures would say,
in the application Of the text. Qaughter.) Criticism
has arisen upon the construction relating to
public debt. in which honest men may differ;
ground Of difference there was doubt
but what the United states notes had to be paid in
prene Court had declared 1t and there
doubt. The question of doubt was to the time
issued. but was left to be settled after the events
to determine s when ,,,, they ,,u could; with is
debt in coin Ana upon that question there waA great
diversity Of opinion but that question , was fixed BY
back upon that pledge tApplausc)
THE WAY TO RESUMPTION.
The road to specie payments has been hard road
compelled by stress Of to depart from
the specie standard that when the nation
its way to recover from that pressure. that it
must undergo suffering aud difficulty.
believe myself the time too long post
poned. now believe that il tho policy indicated
by the gentleman who held the office now have the
honor to hold, now before INTERCHANGEABLE been
steadily pursued would arrived at
specie payment sooner. but the distress might
have been sharper and probably more suffering. That
question will not discuss Suffice 1t to say that the
people of the United States would never take up
that question until they passed through the
Inaelstrom of 1873, when every business man knew
that the only safety for himself, for his
property and tor his country TO return TO the
coin standard. Applausc.) Then IL was that
the Resumption act was passed. and although there
was much difference of opinion about it, and any
body might find fault with it. and myself. al
though l voted for ii. might admit that there
imperfectons in it; yet 1t is working out results
exactly anticipated, and every step In tho
progress has carried with IL improved credit and in
crcasing honor. (Applause
EASY PATHWAY AHEAD.
The road, il is true has been a hard one, but
now all the circumstances favorable for