Morning journal and courier., 1884-05-21

brave man, did not escape unscathsd (mods.
 rate applause) And when Hayes took
 the presidential chair (derisive laughter),
 when MT. Hayes was elected the
 country had been scoureed with the /! fires of war and needed a poultice and had i it. (Great laughter, which after teasing was
 renewed before MT. Beecher resumed
 see you do not appreciate the benefits of poultices. They allsy inflammation and
 give sleep and MT. Hayes did us good work and did it by doing nothing. We slept. he slept. Qaughter.) He is not dead-he
 sleepeth yet. (Renewed laughter We'll,
 continued the speaker, MT. Arthur has
 thus far. There has been less acri-
 mony. There has been agreeable sur-
 prise. He comes from good stock, Scotch
 Irish, crossed with Yankee. He was sduca-
 ted in our common schools and studied law,
 eftentimss 8 very honorable business.
 Laughter.) It was due to his singular ca-
 paeity for organization that New York went into the field in numbers and equipment sec- ond only to Massachusetts. In the custom house-whlch wish I might live to see abolished (applause)-he showed the same power of organization and wise sdnainis- tration and has shown it on larger plan in the presidential chair. Up to the time of New York politician loyal to his party and to his friendships (applause and cries of
 ''good.'O He has in but one instance, so far as I have observed, gone beyond the line of prudence, but honor a man whose imprudencss spring from the loyalty and integrity of his heart (applause). He has risen from being State politician to nationality and has adminis- tered his trust with wider horizon. When necessary to disappoint his bosom friend rather than involve the country in old trou-
 bles and bitterness he did so. Where is the
 bitterness now Between the Republican fac
 Gens? All healed. Why should we violate our custom and set him aside for an untried candidate. MT. Bsecher went on to say that he did not think it necessary to leave the party in order to be
 an independent. He favored free trade; Mr.
 Arthur favored protection. But the Presi- dent merely executes the laws. When the
 party gets enlightened and gives him free
 trade laws he will execute them toe. As to
 joining the Democratic party, it had no lead
 CTS that could contract it and no policy that
 it dared to stand up to when election time comes. MT. Beecher praised President Arthur as the originator, when
 collector, of civil service reform and
 said that while the country's
 prosperity was too we'll founded to be de-
 pendent on any one man yet it was the part
 of wisdom to retain one who had aided in establishing 8 sound commercial policy.
 Ex-Secretary Bristow on being introduced
 was received with cheers. In referring to
 the MacVeagh letter he pointedly remarked
 that if the postal service were so poor that
 letters had to be published instead ! be able to reform it without the necessity of employing great crowd of lawyers, eminent or otherwise, at large expense and with very 1 triRing results. He thought that Mr. Mao Veagh forgot that this was to be 8 meeting 1 of business men accustomed to think for | themselves, who were to utter their opinions as to what was the wisest course to pursue and not to revert to ancient history. He regretted MT. MacVeaghs references to the circumstances under which Mir. Arthur became President. He could only believe some se- cret smart betrayed his friehd into expres- sicns which his fine sense of honor would l under ordinary circumstances be first to con demn. The Malone alliance was legacy of the previous administration of which Mac Veagh was 8 member. If Mir. Arthur were so unworthy a man why did MT. MacVeagh support him for Vice President and become | adviser to the President After this brief reply to Mir. MacVeagh's letter MT. Bristow passed to an appreciative review of General | Arthur's administration, which he believed l justified his rsnomination.
 J. H. Herrick, president of the Produce Exchange, was the next speaker. He said | that as a merchant he was in favor of the l nomination of President Arthur and all over l the country merchants were organizing to aid public opinion in the selection of the next President. The merchants he said ap. preeiated the great worki of civil service reform and during the past three years never had such ar example of civil service been presented
 and the merchant world would give it's sup | port to the man who had carried the reforms so successfully. If the battle was to be | fought in New York State no man can b.
 nominated that would poll so many votes al General Arthur would.
 l Hon. Edwards Pierrepont said it was th' first time he had known the busi
 ness community of the city to tak'
 part in the reform of the country affairs He next spoke of the inconsistency
 of the electorial system and said with south
 ern votes of 153 it only needed 48 more ts l change the government and they must carrl l the State to retain the government. They 1 could and would carry New York if Presi- 1 dent Arthur was nominated.
 W. A. Gillatly, a merchant, closed the meeting by advocating the nomination oi General Arthur.
 Russell Sage's Loss By the Run. NEW YORK, May 2O.-Mr. Russell Sage i quoted as saying to friend that the run 0
 the past week has entailed upon him los l more than balancing his gains for the pas l two years.