The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1884-10-30
THE VOICE OF TRADE.
Thirty Thousand New York
Business Men Indorse the
Republican Candidates.
A Procession Never Before
EquaIed in the History
of the City.
Able Addresses ON Live Issues by Secre-
tary Gresham, George s. Boutwell,
and Other Eminent Men.
New York telegram ]

New York telegram
IL has never been the good fortune of any
Presidential aspirant 70 receive such q h arty
and enthusiastic Endorsement Of his candidacy
by the business men OF this city AZ was given
James u. Blaine to-day. The me ting whi n
was held In Wall street this afternoon under the
au -pices or the various exchange cu',s was an
Immense success and as ample evidence that
the represen att q bus'n 'ss men and me chants
OF the metropolis are enthusiastically in favor
or the ell ction OF Mr.. Blaine TO the CHIEF Mag
tstracy OF the country. Those people who were
surprised at the III OF the gathering in Wall
street on the OCCASION OF the Democratic dem
onstration a few days ago, were utterly bewil-
dered This afternoon whe confronted by q solid
mass or people throng ny Wall street frJm
Broadway to Williams street and on Broad
street from the Sub reasury steps to the Gus
tom House. No COMPARISON between tae two
NEE fngs could he maze. ior, while tnere were
admittedly not over 800 people at the Demo-
cratic demonstration, fully $4,000 thronged the
streets name this afternoon.
1t was the original inten ion to have all the
spca >ers address the meeting from the Sub
Treasury steps, from the ,orner Of w II and Mas
sau stree y, but early this morning 1t was evil
dent that the crowd was too large, and IL was
decided o have three speaking stands, one from
the Sub-Treasury ST. -, ano her from the Gus
tom House st ,ps. and another from plato m
erected at the corner of William and Wall
streets. The list OF speakers included Secretary
Gresham, Senators Hale OF Maine and Hawley
OF Conneo lieut., Stewart L. Woodford. George
llivan, and State Senator Dennis p. Nc
Carthy
Ine l1st OF vice Prcsluents included the names
OF $50 leading merchants AMI bankers OF this
city, while the Secret ries were bout the same
number OF representatives OF similar interests.
All day long in commercial circles the usual
talk or business interests gave way o discussion
about the afternoons demonstrat In in
numei able trading houses along the line of
march flags and bunting were protnsely dis,
played, and immense portraits OF Blaine and
Logan were hung from the windows.
According to the programme the first or
ganization to prepare tor the dem nstration
W. a A. Dry Goods AssOciatiOn Whi IN IA
bled on Worth street, between Church and
Broadway, at o'clock. and then headed by the
Seventh Regiment Band marched $500 strong
down Broadway. At Rea le street the West
Side Merchants Association fell in line with
$40 men, and Mt Cham bers street 800 hardwa g
merchants joined. Two otner organizations
were added to the line before Bowling Green
was reached the jewellers. 700 strong, and the
Stock Exchange blaine and Log n Legion. The
latter body took the head of the procession with
its l,0Oo men. and ELECTED rounds ~ app ause
from the populace -darkened sidewalks. In fact
from Worth ST. Get down the crowds were dense,
and incre ,se in size unit at the Produce Ex-
change Building nothing but a mass OF black
could be seen wnere the reefs usually are
AT the Produce Exchange Building the organ
ization from that exchange took its place in
the parade, Grand NJ rshal Sabin leading 200
men. The delegations from the Petrolenm tx
change 500 strong, the Lower Wall Street Mer-
chants Cub strong, and the Cotton and
Metal Exchanges, counting 200 men, also fell
into the procession on b aver street.
The route WAS down Broadway TO Beaver.
lnTOugn DetNeT ~ DIOdO, anu up DIodu W Ilt
Sub Treasury As the process ion was seen I'D
vancing up Broad street by the assembled
multitude they broke into tumultuous applause.
The men IL lin lswered by shouting:
1000 -h-i-o.
"J-J-J-G-B-l-a-i-n
At 1870, the time for the meeting. the seats
around the three speaking stan Is were simply
one mass OF people. and the windows in the
palatial banking houses were radiant with the
wives and daughters or their own ers. Standing
on the steps of the Sub-Treasury one could
easily imagine that all New York was out en-
massc 10 Iatiiy the action of the bus ness COM
munity in indorsing Mr.. Blaines candidacy. for
the people were packed together like sardlnes,
and their enthusiasm emed to know no
bounds as the various clubs marched by with
banners flying an cfes of Blaine, Blaine,
James G. Blaine" filling the air.
| They all marched by the stands before the
speaking began and then scattered to take their
places among the immense throng and listen to
| the speakers. Secretary Gresham was the ora
tor of the occasion. lie spoke from the Sub
! Treasury steps, as follows:
! Mr.. Gresham CO filmed himself entirely to a
discussion OF the finances OF the country and a
| reputation OF the assertion of Mr.. Hendri, ks,
! that the balance OF money in the Treasury
should be paid out imm diately for the public
debt Honest, industrious, debt-payiuZ per-
cons" he said, do not favor currency of
| fuctuating and uncertain value. They wish
| that the Unitel States notes and the national
| bank notes should be kept up to coin
| standard. 1t Is wo thy of comment that many
who are clamorous aga INST keeping this
reserve for the redemption OF the United states
/
unauthorized by the Constitution, and that,
| too when the life OF the nation in i'm
mnent peril. Ii airing in mind the various
claims upon the fun Ia in the Treasury, what
becomes OF the charge made by the Democratic
| candidate for Vice President and others o i'm
posing taxation and the unnecessary holding of
$3.50 % 1900 or SOOOOD, 900? The real reserve is
/ less than one-third of the apparent balance on
| hand. l have too much respe t tor the intelli-
gence of Gov, Hendricks 20 believe he does not
/ know that this parent balance is not avail able
| for paying OF the Government debt or for gen
| eral purposes. The leaders of the Democra ic
party, with some exceptions, protested against
| the issue of United States not g.; and
when In the opin OF Congress the neces tiles
| of the war req lired them to be issued and
clothed with the legal-tender quality the utter
collapse of the public ere lit was predt ted In
stead OF the predictions be ng verified. the
greenbacks, through the wise and conservative
ma agement If Republican administrations, are
at ar wi n gold. Those who familiar
wi the action of the Democratic leaders during
and after the war on questions affecting the
public credit are not surprised to see them now
| at wOr by speech and vote TO get rid of the re-
serve without which we might be Obliged to
suspend payments The achievements of Re-
] our finances and the reduction OF the public
debt are perhaps without parallel in the histo "
| OF the wo Id. No one at home or alb Dad doubts
that our war debts will be fully and honestly
paid IL the Repub lcan party il continued in
| power. Cheers.l The issu, credit has been sc
! firmly established and the debts so largely re-
| duced that we can now safely reduce tax ton
within the demands of the law creating the
sinking fund.
Senator Hale, Stewart l.. Woodford, and
! Sherman S. ROGERS. OF Buffalo. addressed that
por ion of the multitude gathered around the
Court House steps, while the other speak ers
were divided between the platforms at Wall and
William streets.