New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-07-15
MR. SHERMlY At PHILADELPHIA.
TIE SECRETARY TAKEN on A TRIP AROUND THE
BAFBoR-sPEECHEs BY NUMBER OF GENTLE
MFN-THE TRIP EASTWARD.

TIE SECRETARY TAKEN on TRIP AROUND THE
NEUTRALITY-SUSPICIOUS. BY A NUMBER OF GENTLE
MTN-THE TRIP EASTWARD.
PHILADELPHIA, July 14.-JOhn Sherman,
Secretary OF the Treasury accompanied by his secretary
aud the ptOn committee OF the Maritime Exchange
lett the Continental Hotel shortly beforenoon to-day ana
proceeded to the Wanutst. wharf whore they boarded
the revenue cutter Hamilton and started tour Of
inspection OF the Delaware River aud harbor. They were
attended by a large party Of invited guests, including
many railroad and bank presidents. Mayor stokley,
Collector Tutton and other city and Federal officers
Speaker Randall and Congressman Harmer, ONelH and
Bingham Tie Hamilton steamed down the river as
far as Chester ard also went some distance up
stream.
After the party witch numbered about sixty. had
nartaken OF rereshmont, Nj. william Brocde, presi
dent Of the Maritime Exchange, called meeting and
introduced secretary sherman. The Secretary saidI
GFNTtFMFNi Idid not cxrcct when received your
kind INVITATION thtt "puiu pe catu uro fi eo Here
speech. and do not understand tIat my ulehls nele
desire me 10 make spcechi but l. VIII commence Dy
returning thanks the pleasure that nave enjoyed
I'm nspccug the shores Of the Delaware and witnessing
the Immense progress and growth of the commerce Of
this great Guy OF Philadelphia IL presents communal
ron III trade and commerce that know of I'm no other
city i'm this country; but rs these points are quite
In Tqrard 10 the resumption experiment, my friend
has pad me compliments That entirely exaggerated
400 Thought was a great deal much abused by
great many. Now am praised Tor great many many
% an idea Wien assumed the once now hold that
il would be good thing to get PACK 10 the resnmp9h
horn about principles 1 hold 10, and that l
will carry out what L Degln. never mac any
douht about the ability 10 Tcsume-none at all great
many good men-sOme OF these, doubt. who hear me
thought not wise undertaking TO attempt 70
that we did not coin enough TO do IT. was the Judge
had the law on my side the power TO DrnS II aoouE
bappy and beneficial 10 all classes OF interests ana all
industries and 10 rich and to poOrthOse VINO a90r as
,I,O Cho "A
Now gentlemen / think have said all I need, I am
very bopeu the future progress Of country We
are happily situated compared with other countries. We
o a. broad uncultivated area Of land that has never
with the value OF which the Wanted mines OF
Peru were poor and scant. The Comstock lode ana
others are greater than any hing I'm the history OF the
world Two years ago labor suffering In the prnci-
Ua cities Of this country; men were AFRAID that our IN
sntutions could not stand the strain and would break
down, and that period OF depression gIealer tnan
that in England France or Germany had come
People were suffering and could not get WORK. ana uls,
content reigned supreme. Some went 10 uucuilINaeu
lands in the West, Others went away, ana hlgrauon
huHly equaized the demand and supply OF labor unul
now i'm Two years believe there is not any part OF the
United states where honest Labor CANNOT get an hoheSl
DAYS work, and honest money 10 pay for IT,
There are those who held that our currency never
could be maintained equal 10 com WIN aetau Iio
us OF eighty ninety millions OF dollars year, can
say to you now that We have the means. go
rarely do they care about goa OF s hnon
Tor money That only S7OOOOOO nave been
drawn notes and Rreenbacks THIS s the sLahgcst
thing about It. Now that god is so easy 70 g '
cares 10 the trouble Of carrying IT, IL iact that
in every month last year ahd the year DC 1Ic tnu
wear before that there gold pald from Ihe
Treasury than has now been demanded from the lst
of January OF this year 10 the present une Tor az pu
moses ana our notes instead OI beng al 10 or 10 per
cent below par that we have gold and silver To pay
them ON demand, are actually now al premium Tue
Treasury Department in san Francisco wanted
notes instead Of gold, and we refused 10 give
them greenbacks. III Newlork ana Philadelphia
no one wants gold When they couldn't get IL every
body wanted IT. when they can. nobody does Re
sumption 10 fixed fact, but we nave got 10 sanu
y and not let demagogues and rcksters cheat us out
oi W nat we have accomplished.
Secretary Sherman again thanked the gentlemen pres
ent for the courtesy shown, and resumed his seat
Remarks were also made by Collector Tuition, s. jerks
Smith president Of the Commercial Exchange, b. b.
Comegys, Congressman ONel, Congressman Ward, A.
Iowden snowden, Superintendent OF the Mint Postnas-
ter John L. Hartrauf James l.. Wright Of Peter Wright
4 Sons and Francis Wells After the party had landed
Secretary sherman remained on tho Hamilton, which
soon after departed for NewYork The Secretary will
breakfast at Cape May tomorrow morning. and will
uroba bly, dine at Long Branch az noon.