New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-01-28
THE DINNER AND THE SPEECHES.


THE DINNER AND THE SPEECHES.
About eighty guests and members of the
Bullion Club down dine last evening in the
of the Club, at No. 10 West Twenty fouthst, and from
hapast until 10 devoted themselves to matters
easy to digest than discussions or the wealth
of the country That the speeches might begin at the
proper end the first toast after dinner that Of
" The Old Forty Miners" TO which Prentice milford
spOnded Matter ofac references TO Thorough and ready
methods OF the early pioneers received loud evidences
OF appreciation from his civilized hearers This
especially true OF his remark that the Forty miner
always frat found where gold and silver we're; after
which the scientific came aud told them where
they ought 10 be found.
Ex-Governor Fuller of Utah, spoke Of the funding OF
the bond of the mining and Presidents Ives
and Stafford OF the Stock Exchange and the Mining Ex
change OF NewYork spoke OF the relation OF the nsu
tons they represented to the mining interest of the
country Other speeches were made by ex-GOv. Latham
OF California. the Hon. ]. W Gerard, John swinton,
Richard J. Hinton and others.
Among those present were;
The Hon. j. W. Gerard General Arson Stager, Bray
ton Ives, James w. SimontOn, Noah Brooks, Professor
j. g. New berry, Rufus Hatch Captain II. L. Lubbock. OF
Utah. David G. Croly Ex-Governor Fuller Senator Alex
ander Mcdonald, ex-Commssioner Richard c. McCor
mick, ID. B. Stafford, ex-Lieutenant-GOvenor DORIS
heiner, Drake DeKay. H. b. Laidlaw, Colenel
W. +. schaffcr, Prentice Milford, Professor j..
IT, McChesney, Milton S. Latham, the Hon. John
Fitch, Professor Henry Roseur, Louis Janmin, II. c.
Bldwe b. b. Minor Frederick q. Eldridge OF Calcutta;
L. G. Crano, Thomas Manning Professor Anderson. w.
b. S0mervllle, Professor Jacobs, George B. Satteree
General Thomas JOrdOD.
Letters OF regret were received from Secretary Sher
man, Governor Cornell Mayor Cooper Roscoe Conkling
Ctauucey NJ Depew DR.. william A. Hammond Hugh
McCuloch. Norvin Creep. DR.. Rossiter w. Raymond,
Benjamin b. sherman. Robt b. Roosevelt, j. A. Huboel
and X. A. p. barnard.
RESPONSES TO THE ToAsTs.
In responding for The Old Forty Miners" Prentice
Milford said;
Unfortunately was born in 1856. and could not
have been Fortyniner. But I have been with them
In many things, especially q fluid State. The
Caorniaus OF fortynnehave been depicted by some as
boorsh aud coarse. BY another class the classical
argonauts The Californian went there to get all the
money he could possible and then he left as
soon as possible The State there before he went
there and respects the State was better OF than
when he left fact the State had gold before his
advent than after Tie fOrtyniner Is proud OF many
thiugs lie was proud when whskey was 90
cents drink but when the price fell 10 % cents, whis-
KEY los, usre and wnen the price fell TO cents ITS
his Vigilance Committee who hung man first aud tried
him aftcrward, and then On reflection. said II was
warning to the rgnt one, who would be more
careful III future. lie prided himself IN saltlng
and thus ndded cyphers wealth of the country
cypbers nothing, you know. He was proud OF MS
Of his SHIRT. Which was iIaabted BY more
%opa.out pants patched with a salt sack or
-four sack, and you could read as he strobe ahead OF
YOU the sign Genesee Flour which he carried Inc
Fory-nlners aud all honest miners had the facility OF
finding gold and silver first ana leaving sciepInc men
to aud 1t afterwards They believed In the old aGoln
: Gold ana silver are a0ont when you nnd them''
Ex-Governor Fuller, Of Utah. spoke in rcsror the
next toast He said - invited 20 the dinner OF
tins club year ago. asked an old NEWCOMER If he
charity? Ana 90 1t ia. IL Is soup-nouse
Bouillon club surely the stated OK ana
| at home. The Stock Board on the mninI coast DID
have share and tGSt b Thh 600 u
! / sold at $1,000 because supposed the bottom
ous OF mining. TO dig gold and silver
just legitimate to dig potatoes. with The differ
Wnen was sent to Utah in 1861, President Lincoln
much intere.ted in the mining industry and sand
the Rocky Mountain region was destined TO become the
treasury OF the world a. he was thst t9e Western
praies were to be the granaries OF the woru lie aso
gave ideas concerning the probable value OF
mining property near Sat Lake Ciay and wneh sot
Uut there investigated tnat ana WFOte hlhl tn"t 20
solve the Mormon problem lie should send
| who rush things, and 20 about, and 1000
| OF them would make II warm Tor men who had
told BrigSan Young that II letters THE TRIBUNE and
other papers would accomplish 1t would Jet Inc word
loose upon bin. and he begged would not suggested
| to President Lincoln thai tue depre9stohs ~ IN.
Indians and the peril 10 the mails would make 10 Wei
% a .
| aud one OF artillery for Their protection. This
doue, the enlstments beng among ITO Canioinla
| gold was discovered. believe all the mining In Utah
dates from that The neycr-failing resources OF the
| and you who seek 10 make mining not speculation,
but matter OF production will succeed, because you
are IN The problem Is simple To dig out what
contains and into the gen raj treasures
Braytou ives IN tho course OF his remarks said II
know better place tnan Stock Exchange to teach
| rvgifh n br1y
| feathers down. sadder but wiser man; ana have
come TO rense na' n Stoc eT whea thew reore
sent popular feeling. | know OF nothing that shows
A. naincr In The last few years few years ago there
was a great re bound-everythn went mp; then every
thing went down. IL msde no din renee " o stepped
taken as quick rs anotaer man's-and people began to
realize last that the debt paid STOCK Exchanges
| are Mn indication OF popular feeling" - ,.
| d. e. Stafford inc president OF the Hew-York Mining
Exchange said that the East had peculiar views about
| mining matters, and looked upon them rather as a
means 10 turn the small dollars than mere digging ln
dustry. II was prime necessity that inc pusLess
should be thoroughly understood Tor al frauds crew
ouI OF n lack OF knowledge. The operations IN the
Mining Exchange were now either or OF or
trial, aud they treated The Exchange as Sindergar.ea
for object lessons. With greater knowledge they would
| speculate with better UNDERSTANDING
| MINING AND BANKING on THE PACIFIC COAST.
| Ex-Governor Latham. of California spoke Of the
mining and banking the Pacific Coast, and claimed
for the mining products much credit the rapid
OF country, with It's increase In thirty wears
| from 5000 miles Of railroads TO $4,000 miles, with
$500 900, 900 Of capital invested In them; and pre-
dcted great results from the future He approved OF an
organized authority for examining mining matters such
| rs the Bullion Grub. , 49,
| The Hon. J. W. Gerard said "There Is in the West
bu lion and IN the East pta and enterprise Here we
have enterprise lead 10 the West TO reveal the bull
| lion that has lain there for ages. Here Is
the great centre OF intelligence, here We cen get our
information In regard TO mining fhe responsibility OF
mining associations Is very great put
| new laws are needed. We have the law OF lS4S by
which we can recognize nythng. even peanut stand
| ii this city Is to be great mining centre
! there should DO something TO protect tue
! iaborer and the capitalist, and proper
! law snould be passed ut once remember, IN 1868
when great company was organize IN California, the
president drank champagne and the company went uh
der" ,-u ar ,ero 4,
John swuton spoke briefly as follows IN lsoS