, 1881-06-12

fear of stranding, from tho Mississippi to the
Atlantic Ocean. 1t is my desire, too. 10 see the
rent viii furnish commotlious, and TT the same
time Il cheap, waterway to the Inkes and inc
ocean, with the Henrcpfn Canal IL cnnnectnng
link between the two systems, thus pertcctinE
the water transportation from the "cSe, A'ln
rendering it Impossible for capital TO combine IN
m%"po1y Sy rai Applau:c a
The rapid growth ct Chtcngo nnd the North
west Is one Of the wonders nf our tltnc. Ineie
commercial Importance in the future: me
growth und prosperity of ths whole country
within tho past four years especially
HAVE BEEN ALMOST uSboGSDED.
Within rhe last year or so 10000. .000 Of gold
have been imported from abroad. while from
SSUOOUUN to S1DOUOO.0lD more hnyc been aug
out of the bowels Of tne eaft6 Kn1M to, r n''r
present cru Of prosperity would be followed oy
d financial crisis und business paric, out !
condition Of things will continue for Il long
time, TApplausc.1 1t is exceedingly improba-
bic that such disaster should occqr II VI unaer 1de
ant that every man is trying to puy MS. depts:
there can be little reason to fenr coinmcfela'
crisis unless OF course, tho entire people t,ch nG
Another evidence Of onr increasing prosperity
is the high credit of our Gover"n1t,nt J. To-Day
among the nutions Of the world We have re-
funded the public debt lapptau5eJ, anu ~ iH re-
funding 1t We reduced the annual 1nteres. ,;.o
% ~ npon ~ 1i bas's Of ~ per cent. The Govern.
ment his sold within sixty days <55o.0oo, goo OF
at M per cent WILD IT TIE m 1v nE m o.
| frou now OF these bonds, less than $5,UU.W0
were held abroad SO that the great bulk OF tne
iesfGec has Iecn said that plenty Of money can be
| obtained in New York on call ut 3 per cent; ana
that the country ought ut l9aHf @ G t 1e r. a!o shou
| fj, remembered that it makes Il great ulue1e1cc
| WITH WHOM THE CALL RESTS.
tt is usually the creditor who fixes tue rate but
| in this matter the Government or the oeptos
t1xcJ it. The call practically rests win the pot
rover in The ease Of tho public dcot; while II, II
! tho other case 1t rests with the lender. When a
makes considerable dttloremce, f3ndct, ttG ' its
debt as unusually favorable. and tnlnK We h;n mmf
| consider them an accur'ite Enu$e OF tne n.En
estimate in which Our credit IS oela. no. Only
| tho United Suites, but throughout the WORLD
In Conclusion. gentlemen, allow me; to again
| thank you for tho very cordial reception WHICH
you hnve given me, and tue Kind attcnuon sou
| have shown INC.
MAYOR HARRISON.
When the applause had died away, Mayor
Harrison was called out ana 1GapGnmer w. Ea"e !,
by saying that. looking at the sea OF human
frccs before Him, he thought ne saw mort
Intellect congregated there lAan ne llaq ~, Gsel
seen OH any occasion on the 1lo3r u tn1r
Eress. At the last Presidential Conven,tloi s,
There was one State that went ten solid f2l
Windom. and, if the Secretary would only
carry out the policy outlined IL the speecl
he had Just made. and prepare Inc way lor
Thorough fepe'fys n[ inr WSx"b M"id by one ote
State SS in the Union that would SOME day &
fen soliu for Window. lie felt inspired Z
say this, although at the same time lie re Te
minded his audience In; tnaa i,rsc ni Mas ol 'A'
il was now very near adjournin! time, am
amidst cheers for Window the visitors re