The Cheyenne daily leader. [volume] (Cheyenne, Wyo.) 1870-1884, 1879-09-19
PRESIDENT HAYES
AT THE MICHIGAN STATE FAIR
A Hearty Welcome in Detroit-His
Speech in Response-Sherman
and Chandler also Speak
At the Fair.

Detroit, Sept. 18.-The president and
party were met this morning and wei
coined in an appropriate address, to
which the president responded, as fol-
lows:
am glad to have an opportunity to
visit Detroit and Michigan, and 1 am
further glad that this city and state
will share In common with other cities
and states the return of business pros
perity. The prosperity and business of
the country should always be independ-
ent.,of the action of the government and
Its officers, and its officers cannot be
held responsible for any gloom or busi-
ness depression which falls upon the
country. If there was such condition
of things at present / would press this
point more forcibly; yet, although the
opposite is the case, the officials of the
country can claim no credit; but be-
lieye that the business prosperity of
this country is due to the inherent
energies of its people, and if the govern
ment only let's you alone, your contin-
ued prosperity is assured. Thanking you
for your hearty welcome and your prof
fered reception, l win make way for
Gen. Sherman.
ten. Sherman then advanced, and in
substance said:
Mr.. Mayor and gentlemen Of the re-
ception Thanking you for
the honor you have conferred upon me,
mentioning my name in connection
with that of President Hayes, l will
only say that I accept with thanks
your invitation to attend the reception
OF President Hayes tonight. Gentle
men, am at your service.
At 1890 the entire party assembled
ut ex-Gov. Baldwin's. and at II a. M,
the procession, headed by bands, the
state militia, citizens and veteran SOL
diers, was formed and started for the
fair grounds. Upon arriving at the
grounds, the president was introduced
to the vast assembly. He congratulated
the people of Michigan upon her prom
inence In manufacture and industry
among the other states of the union;
alluded to his predictions of last year
Of coming prosperity. and read from
tables showing an increase of exports
over imports of various articles to have
been immense, both as to percentages
and amounts. AS means Of keeping
up this wonderful prosperity, he ad-
vised the study Of Franklfn's maxims:
spay as you go'' and "never live be-
yond your means.n He referred in
this connection to the local indebted
ness throughout the country, and to
the pernicious practice of reputation
in some parts of the country. To il
lustrate the amount Of local indebted
ness, he referred to an article of Robt.
p. Porter, of Chicago. in which figures
are given showing that the local debt
of 13o principal cities of the country in
1855. was 1921, 900, 900, and in 1876 it
was s644, ,000,00O, an increase far be-
yond the increase in population. He
suggested the radical remedy of abol-
ishing debts and preventing them from
being contracted, by suitable legisla-
tion.
The national policy was sound; create
no debts in time of peace, and pay off
war debts as soon as possible. This
government has paid off the debt of
three wars, and is rapidly paying off
the only remaining debt. This honesty
has rendered our credit the very best.
The same will hold good Of cities and
towns.
At the close of his speech Gen. Sher-
man and Senator Chandler were intro
duced, and each made short speech.