New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-05-12
ADVANTAGES Of water carriage Upon the eonfsst
for supremacy compelled by this change the state was
ready to enter with spirit Of generous rivalry Justice
wi fhena auoka foilov .

onstcy no cottOu,
o tie @srsss for % World ss Siss1ssusSa
ever State or city wins it, secures 9 position
ss ssrf her Ai %. Ss Queen Of a Ss sst1ss
mercial glory. For this prize NewYork enters the
IS 3 se yn ss fss s 81 wss S
ss DOCKS oas ssa is Ss ms.a , . s %a wss
are doed out or wtthhed IN the excess OF ocers ana
tous charged upon commerce and in the most costly
misgovernment known TO Christian civilization Sir,
freedom Of trade among ourselves and our slater States
Is constitutional aud personal right and whatever un-
ss 10
due to this Chamber. Its moral influence supplemented
has done much to ause the Country with uss and
gatrlSY5S spirit & But In the S Msnonai c9unciis
having vastly less stake, how her action inaencs
oo Sss ses
@ The
calm qniet strength OF her Executive since aud now
sSERs dns Tx '1 Gs& & sna GO ssurs
Of the head she has given to the Naonal Who
ca history OF our county, and IN the roas bold
leader n 6s party IN the House, what contrasts have
Sir, NewYork is entitled to her LONGTIME prominence
sm0ngst her sister States She must maintain II New.
York s entitled to her ancient power IN the councils
and affairs OF the Nation. She must regain 1t.
MAYOR COoPER's ADDRESS.
To the third toast to the City Of NewYork. Mayor
Cooper replied as follows;
Mr.. PRESIDENT AND GENTLEMEN, From my expert
at other dinners OF the Chamber of Commerce,
know that the toast to which called upon to
respond will receive full justice from gentlemen
well equipped with statistics aud information
as valuable as interesting concerning
commerce, growth and prosperity. Your body be-
longs to New-York believes in New-York, and means
hat Yorla half m tta dos
greatest commercial city Of the world.
York to-day that he cannot answer for the CITY
city Government without deprecating his lack Of au
prove its public tratOn Under present judicial
CONSTRUCTIONS Of the laws I he s T. wsngh I'M power
have been found wanting and It has been discoyered
mat ocers whose term; nave thereby aS
only by their own yOton or BY death itself. He canf
remove fTOme Oce-the Courts put him under prOhib.
tioD. -
scentious and devoted public servants work stead:
due to their own merits and Is rather 70 spite Of than
in consequence Of the existing municipal system ,,,.
SE Ss 5 Bssia y %y .gs gs
with all earnesness that the members OF this Cham1
mere sphere earninine their several fortunes;
S worth Their while tS use use some o. the energy arg % dor
enterprise 10 preserve and advance its honor and
dignity.
The Chamber Of Commerce has. ] know. always been
acilve IN promoting good legislation and administration
upon subjects directly concerning the commercial inter-
individually to exert their influence in favor OF good
legislation end good administration in all those mat
ters IN which they have common interest with their
felow-cinzens.
SECRETARY sHERMAN's ADDRESS.
Secretary Sherman next the list, being called
on tn respond to this toast;
"The financial prosperity Of our country. sound
tha IN
lea of great commerce with foreign nations. and Will
greatly enlarge agriculture, shpbuildipg and
ufactures and make NewYork the centre of interna-
tional exchange"
His speech had been waited for with eager expecta
tlon The tribute to Mr Sherman paid by ChefJusttce
Davis had been received with the heartest cheering,
and when the Secretary rose to speak he was
cheered again and again. His opening sentences
enthusiastically applauded, and his speech fire.
quenty interrupted by demonstrations Of cordial ap
prevail He spoke as follows;
Mr. PRESIDENT AND GENTLEMEN, The late Governor
Corwin OF Ohio, once told me the best afterdinner
speech silence" Though great popular orator
and humorist he could rarely be prevailed upon tn
speak at social feast. cannot initiate his wit, and
would be glad to be silent; but your President has
been kind enough to call to respond to toast
am happy say that fully concur in the opinion
pressed IT, that country has entered upon period
of great prosperity.
This may be tested in any way By which prosperity is
indicated Production in all branches of industry is
greater than before. Our foreign commerce is In
creasiDg with the balance largely In our favor. Ineed
not give details Of this increase when addressing GENTLE
men whose enterprise has extended that commerce
throughout the civilized world. Our domestic com-
merce is so large that all modes OF transportation by
land and by water fully employed and means Of
transportation rapidly improving and increasing
that you receive In New-York within q week the
fruits and productions of every part OF our widely ex-
tended country. Labor Is fairly and probably en-
ployed; capital Is hopeful and confident add freely
seeks new adventures. Great crowds Of emigrants.
come to US to better their condition while contributing
to our wealth. Within the last ten years nearly three
million emigrans have come to our shores. Let them
come 1t is our boast aud glory that We welcome to
equal rights all men who will help US to develop our
resources. Our population approaches nfty million
people.
II now established that the Of
country are greater than widest maginngs OF few
wears ago. and that section which regarded as tho
American In boyish days s now or VIII soon
be- the greatest wheat feld and the broaest pasture OF
the world.
Taxes that three years ago yielded barely enough rev
enuc to meet current expenses in March last Yielded
without increase in rate, surplus revenue OF
S14OOOOOO; In April, $12 900 000 and will no doubt
SSrns fo%r tee cent higher
per cent bonds averaged for period Of several years
Surely under such conditions we may fairly c0ngratu
late each other in the language Of your toast ON "the
financial prosperity OF our country -.
also congratulate you that We have now the nearese
approach to q sound currency that We have ever had
sound currency Is OF the chief BLESSINGS OF any
country But what is o sound currency Is 10 one OK
COLA or IS It ono gold and silver or one OF either
or both metals supplemented by paper Loney issued
take 1t that you mean by sound currency mixea
currency both coin and paper But Few IN our Gay
would be willing dispense With paper money Nis as
Necessary modern commerce as bills OF and
drafts but tt must always DO redeemaDie and
promptly redeemed on demand In this sense
our paper money since January l. is7o' nas
haan a
der now s that the American people were content so
long to use a paper money at q discount In coin. am
one Of those WHO believe that portion Of this paper
money proDery and pronaOiy BE- issued ,, by the
amount and 80 guarded by coin reserves that u Will bee
without doubt question, always maintained nc par.
Hnd this paper dollar should have no false pretcnce
about it, Il should be what 1t purports to be- promise