The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1878-09-20
THE PRESIDENT AT TOLEDO.
He Addresses the People on the Fair
Grounds. IlAyE
He Selzes the 0portune Moment and
Talks to the Changers Of their
'.'h, Material interests. ga
A Speech Happy in Its Illustrations
and Convincing in Argument.
A Plain Statement of the Financial
Question.

\ TOLEDO, O., September l0.- The Prcsi
dent and Mrs. Hayes and Webb Haye:
arrived from Fremont this morning, and
arc spending the day in attendance ut thu
Tri-State Fair. After lunch ut the Brady
House, at 1880, under tho escort OF Mayor
Jones and the Reception Committee and
the Sixteenth Regiment OF o. N. G!, they
proceeded to the, Fair Grounds, where'ful-
ly 5000 people had assembled. As the
head OF theproccssioh entered the grounds
the national salute was fired by the Fourth
Battery OF O. n. q. President Hayes was
welcomed in speeches by Mayor Jones
and President Cannigarder, OF the Tri.
State FairAASoCithibn!> ilEJ H16G
Tie President spoke Ms follows:
My FRIENDS AND FELLOW CITIZHSs:-The
three States Of Michigan, Indiana and
Ohio, Il il sate ID 'assGnd, are each nu-
mer0usly represented in the audience be-
fore me. These States are fortunate in
their history, in their geography, in their
soil, in their climate and in their people. A
part, and a very important part, Of the old
Northwestern territory, that beautiful re-
gion northwest OF the river Ohio,
given to the United States by the State OF
Virginiain 1857 was originally devoted
to freedom and free men for ever: Ap-
plause. And now YOU have to-day as
semblel to show what the productions oil
your farms, your shops and your mines
have to,e&hibitai ~ - IA ttk
Naturally one addressing an audience
assembled for such purpose is mainly
turned to the material interests OF an i'm:
portant part OF the United States, and
during the6very, few minutes thatlif Is
proper for iHe TO tlctaiuA you'll I propose to
call your attention only briefly to the
subject OF our material interests geograph-
ically. The future fortunes OF these three
States are alike and equally great. They
are in IN temperate zone; have q good
working climate at all seasons OF the year.
Men can work, standing under and in the
sun that shines on this land without in
Jury, and in the winter he can work.
Again we are midway between the
great East aud the great West and we are
midway between New York, Chicagoand
San Francisco, and between London and
China. It Is across this country that the
commerce of the world must travel. We
are fortunate in our soil. Every grcatand
valuable crop Of the temperate zone can
10 successfully cultivated here. Hay,
corn, wheat, cattle, and all the great in
terests OF agriculture in this zone can here
be successfully cultivated. The wealth OF
the,mities we haVclalsu, coal inabundance,
sufficient 10 supply the whole land, and
iron and copper. say, my friends, that
In material wealth We have u the essential
elements and yet 1t is in your thoughts, /
can almost read it in n-yonr ftIces, that for
five years past there has been q stngnation
In business md the depression still seems
to exist.
Now, the few plain words that desire
to say on this subject are: First, word or
two rs to the cause. One simple acknowl-
edged iaet, known to most mon, A. that the
war was ths.aauso OF it. Nowmy friends,
what Is the cause OF that extraordi mary and
remarkable event happening in 1873?
There is no mystery in 1t, it was bound to
be sooner or later; you could not escape 1t.
See this line OF soldiers marching along;
| was delighted to have them rs my escort
this morning, dressed in the old uniform.
There was no nonsense about them ior
holiday play; best OF ALL when You were
marching along and the time you took the
route stops and struck up the old songs,
then indeed you reminded me that
Tint portion OF our country that made
the war necessary CAUSED the hard times.
| fApplausc.1 Do l'make q mistaken Ayoice
no. This war made the haul tImOs US
war ALWAYS llloes.7 Why what is war?
We knowaboutitnow.- When that war be-
gan wn worn threatnnod with Its effects,
| It's results. ! remembera brilliant writer
In Cincinnati, where resided in 1850, who
said, L"why this. country cant 70 to war"
IIe sai,l that the people Of, Cinulnnati4 live
on thu business Of the South! Letiusgeto
war and IN SIX months the grass will grow
in our byways and streets. Did it? Why
nv friends the war had not been prosooU-
ted ninety days until every man saw what
A mistake 1t was, and that every street
was buster than before the war. A mill
ion OF men In the South should be taken
| from the ranks OF industry md instead OF
making property they became dostroyors
and consumers OF property, and so it was
In tho North, hut where 1t made
difference from what was expcotcdI was
this; every man who had wheat or corn
or coal or labor, found when the war
came that he had u better customer than
ever before; o customer who wanted all he
got and didn't want 10 harry customer,
who would not haggle about tho price.
Tint customer he had. injhe person. Of the
United States. business instead OF being
depressed began to revive: property which
had laid on the shelves OF the merchants
for d long time, increased in value day by
day. The result OF It then was We made
money fast, wo made Il. easy, we could
afford to borrow at high rates ottntercst,
because our Investments were sure 70 be
profitable. Our trading and last living
were tho results Of the war, lnced not
enlarge on It. Finally tho war ended, men
in the ranks returned to thQlr homes
and the material needs OF the Government
began to 30 down. You lost your best
customer, the United States. It did no,
want TO buy, Il wamtud to soil, Now every
wise man knows we should have day o.
settlement. Flush times, like times o
the war, arc 10 bq followed by hard time:
! like these We have lately knowHand these
: are the cauSccs Ai
Now, my friends, it is-sufticient to say
that it Is written in the laws Of pOhucN
economy that wars are followed by har
times ind panics. The only mystery III
the whole thing Is that the hard time!
did not come before they did. Now w
have got the cause, what is the effect
, The moment VIC beganto have hard time
wo began to, retrencb, every man to Gu
i his expenses down and to Curtail his OK
pcnditures. Each man, In little while
began to find himself little better Of
than he was. It may be u long time :
one wear, two years, tivo years-but wheI
It does get to the end and the majority 90
Il,nIr aSnnnSaI lals than thaiF Fannintg
t then we are all better off. i..LlJF 3.
The Government OF the United States
the people OF the United States. Whcl
You are all extravagant, tho Government
! will be extravagant; when you are all get
ting to watch yourselves, to watch eacl
+. particular point, you set your officers I
watching moro particularly, When tn
war ended we had a debt Of i2,400,001,0 90
:. on our shoulders, upon which wo wer
/ paying Z per cent interest. Our taxes ,wer
= 4 l..