New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-09-12
THE PRESIDENTS TOUR.
A VISIT TO THE CINCINNATI CHAMBER OF CON-
MERGE a CHEERING SPEECH BY TIE
pprSIDEST

A VISIT TO THE CINCINNATI CHAMBER OF CON-
MERCE--A CHEERING SPEECH TIE
PRESIDENT.
CINCINNATI, Sept. 11.-President Hayes.
Generals Sherman sheridan and Attorney General
Devens visited the Chamber of Commerce this noon,
escorted by the Reception Committee The President
o. the Chamber welcomed the President and his
party in short speech IL response the President
said:
FRIENDS (: lam very glad TO meet this large assem-
blaze OF the business OF Cincinnati. AS business
men you do not want your time wasted, and IL So
happens that the committee which has charge OF IL
composed Of business men. and they have marked
the of my visit such way that must act by
business principles and business methods during my
stay IN YOU In the position which hold, II been
my desire 10 Try 10 do something To bring II about that
the Government should be administered upon business
principles and by business methods.
plainly, as you do, ana all my friendly aud un-
friendly critics do, the Shortcomings ana failures,
and perhaps / them clearly than
others dol but my steady purpose has been
10 20 forward the nxht direction Though the
movement has been slow. st / say my friends
in Cincinnati, have honestly tried 10 keep face
the right direction lAppiause.l One year ago took
"A trip the Northwestern states 1hls month pro-
pose TO do niue NSns' ioi recreation ana Health, IN
the Western States. A year ago found people gloomy
and despOndent There were Few who were hopeful
and very WHO were confident OF the speedy coming
OF better II seemed 10 me last year. under those
cheering. M, hopeful thng-j that whatever
differences OF opinion there might be- as To- legislation
lnuhng tn. RESUMPTION al rpceIe payment the Wise
thing were sita ed. waste lei well enough alone.
A. -.lned stop cgslating, quit
prrfng with the currency let the business of
country have fair cuance WIN ne great resources
pu~scsscr, Its buundicss
eryy merican business men Dcst work ont their
owl soiutI0n Fortunately the country adopted that
general view. The cuisines, men OF lie country lis
ged further Legislation on the subject OF the cur
rruc, ana We are where without claiming any
credit for his that Secretary Tor tis COnIIero or
tle other Il doe happen that specie payments have
come. and COCA lines ure coming with them.
Coming West hgt4I what H. the thing 10 be said to-
dar IL seems that dose Vi tue same medicine
WHOM brought times should be gwen to prolOng
evltable period when hard times shall come again.
PROMINENT English writer on political economy has
stated there Is regular p-IOd!clty ~ tLs cur
renee h8id times that In England they return in
nbout ten years, aud In ths country once In about
twenty years The desirable thing j. H. Keep good
tunes as long poesible. and whcu under these In
eyltnhle laws hard times must come, to the
calamity bear upon Us IA lightly as possible Wei,
now, To this end IL seems 10 ne the very plain and
" 80 naxms Of DR.. Franklin should be applied.
Where debts are least aud whore they are most
spread out, aud where there l. the least over
produrtion there they Will r. bes,l times the least.
link his las exempfied ts history of Cncin-
natl In last four OF depression, while every
city IN the country has sunerd less, aud
of them very severely, Cincinnati, with It's seady-gOing
business men, felt lees Than other city OF the
yae affairs dligent Ia it that when hard times
do come sc are mol weighted by debts But am de-
parting from business pTiuci pies ana am making a
sueecu. thank you for your kind reception.