Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-08-19
BOARD OF TRADE.
AUSPTCIoUs OPENING OF THE NEW
COMMERCIAL ORGANIZATION.

Interesting and Instructive Address by
President Baraen---Col Davidson Pain
in Rosy Hues The Empyrsan Destiny
of st. PauI---Brlef Addresse by Nu-
merous Prominent Ciizens---A Good
send OF For Very Important En-
terp,ise.
The new st. Paul Board of Trade was form
ally opened for business yesterday, the
rooms of the Chamber, 1l2 East Third street.
being occupied for the first time. There
was good attendance to witness the opening
exercises and at a few moments past 10 Pres-
dent R. Barden called the board to order and
delivered the following inaugural address
which was greeted with hearty applause:
Fellow Citizens of the Board of Trade and Of the
City Of st. Paul:
We meet to-day under bright auspices and cheer
ing prospects, to inaugurae The regular meetings OF
the ard of trade of this city The duties involved
upon this boarc aud its members, and the ultimate
uccess If its plans are by light task. II
has for its jet the full development of the COM
mercia aud agri utura interests of the city OF St
Paul; the cultivation and control of the commercial
int IS Tributary thereto, and the cultivation of
just aud quitable principles of fair dealing, not only
rs b-tweeu its members, but with all with
st. Paul, in poipt of commerce, is most favorably
located havi tributary to it one of the most beau
tifu aud fertile countries this continent, surpass
ed IN exent of territory and fertility of soil by
city in the West. Through her gates must pass the
products of this glorious and golden Northwest.
To cultivate aud couttol, in broader sense, and
more legitimate way than heretofore the great and
growing commerce of this Northwest Is the aim and
object of this board of trade
TO accomplish this end is no small task, and will
require the unite energy OF all its members, well
oivo
on who II must lean for substantial aid and en-
couragement.
Organic ltips of this kind do not live and pros per
without he united effort of each of its members,
and substantial Endorsement and co-operai, IN of
the community in w1ich it exst1 and in order to &C
comptish this it must be made both beneficial to its
| members aud the community. Members, very many
times, may be Gale upon to sacrifice the own per-
al interests in its support Yet the benefits result
ing from it to the who le will more than Compensate.
The railway system of ST. Pau, the trans porters of
this commerce rapidly extending their lines and
weaving toer net work over this ground to aid US In
this terprise This is being done with that energy
aud rapidity which characerzes he age in which we
live.
Ia the present age of business there Is place for
the sluggari his day has passed. We move think,
and act, and transact business with the aid and
rapidly of Lightning aud, if tuis body is to keep
pace with the times in which We live, 1t will become
them to educate themselves to rapid thought, quick
2 ton, as we'll as true PRINCIPLES of honor
Mr. Barden said me Der of the board of trade
handled in st. Paul one NIL ion bushe of oats
and two million bushels of corn From wagons alone
there 100000 bushels of wheat marketed in ST.
| Paul and $3.50 loads sold here for this
market. This does not refer what was handled in
| At Paul for ranshipment. The figures on barley
he said had not been obtained accurately but they
apnroximated 6 iO,000 bushels
We have. gent enlen, glorious field and future
before us: let go and occupy 1t. There is great
encouragement aud bright prospects for the young
men of The age: encourage them to push forward In
fold n
members of this body shall, one by one. drop out
by the call of time their places may be filed by
young of energy ability and integrity, and this
body be astng institution credit to its founders,
au aid aud credit to the city, and benefit to the
| whole commercial interest Of our Northwest.
Mr. Barden then called upon Col. James H
| Davidson to deliver an address, and upon being
| introduced. he said:
| Gentlemen of the st. Paul Board of Trade:
Your secretary last evening invited me to attend
this gathering, and suggested that might possibly
b called upon to remark. He further said might
rem lrk upon any subject under the sun. conclude.
gentlemen, that this organic alton has for its object
the promotion of the general prosperity of this city
and commonwealth, and the acquisition of gain for
| It's indivdual members believe the desire to &C
qure property has been implanted in man for wi-e
and benefcent purpose, and what have to say will
| be in reference to some OF the opportunities nov
!
and in so doing for each Of US to get our share of
| filthy ucre.
| There are three great sources of wealth agricul
| ture, manufactures aud commerce. Agriculture
plants the seed, and hs processes of nature and the
smiles of an omnlpotent God mutpies 1t many fold
| Little than MIN ty days ago bushel of grain
uaced in the fruitful soil, by dew and rain and sun
shine aud that mysterious but Ut known and incom-
| preheusble process called life aud growth, has de-
| veloped to twenty bu-hels. The seed iu Mime
! sofa in April has matured in Augu.t into over ~,
| 1900 of bushels of golden grain. Out Of the gen
| soil, from darkness aud obscurity and mould,
has been lifted $50 U0U, 600 worth of property
that actually mad no existence 100 days ago. doubt
whether California and the golden slopes of the Pa
cifc have ever in single year lifted so much of the
| yellow metal from out their mines. This S3 ,000H
Is to be Increased by manufacture aud distributed by
| commerce. Isee gentlemen that you are preparing
TO do your share in distributing all this wealth
congratulate you that have struck rich lead, and
the stock that hold in this erprse is ION the
BOOM" Every year this mine, richer now than the
miues of Gocomda, will grow richer and richer and
the yield will increase with the increased acreage
Drought und cultivation We stand at the fountain
head of all the g eat The convergirg rivers
The western entrepot to the gr at chain of northern
lases the very heart and center OF the railroad sys
tenn of the west the trans continental trade of In
dia China and Japan, are all pouring, or prep ing
i'll The near future to pour confident streams of
! wealth at our feet.
Look at the bstoy Of all great seats of wealth and
power, they have seized and held with an iron grip
some port on of the worlds commerce aud FROM Its
| Ii by our business enterprise seize and mold
| and control the grain trade Of Minnesota and the
vast and fruitful fields lying West and North of u.s.
it will make all rich. If We have the wisdom and
courage to turn the volume of this great river
mill VIII els and factory gearing from where it begins
its descent at The very crest OF the Falls and utZe
very horse power tn is In it, II it reaches the
smooth flow of its calm descent to the sea- there Is
| untold millions of wealth, to build manufacturing
center surprising in extent Birmingham, Leeds, Lo
| well, or London
TT wa are wise enouph To maintain and perfect this
natural artery of commerce. the Mississippi rver the
the world the commerce and the trade that will
flow and reow through it to dual cities, the very
art and brain Of The northwestern world, will build
here metropolis comparing favorably with London
| Paris, Pekin, Moscow or New York.
The vast area of rich SOIL the frutfull climate ani
the favorable location we occupy places within oul
grasp all the wealth that arises from agriculture un
der the most favo ed circnm stances. We have at
our feet the great motive power to pursue manufac
turning in competition with all the world, and ma!
derive from 1t wealth enough to build city rich auo
beautiful Palmyra or Tyre, Venice, Genoa or Con
stantinople.
We have commercial facilities that should make
usone the foremost marts in all the western world
| Along the Euxine and Mediterranean seas, tn
trade of India and the East has in past centuries
built metropolis after metropolis, VIII ,se wealth
glory aud beauty have filled all history with the rec
ord of their power and luxury.
The construction of the great Pacific railway,
within the past few years, has opened new routt
from the far East and now ts streams of wealth au(
aaence shimm ng with rarest silks, spa king will
diamonds and precious stones, aud Iedolent with tn,
perfumes of Arauia's spices and China's teas il