Savannah morning news. [volume] (Savannah) 1868-1887, 1884-12-30
RANDALL AT LOUISVILLE

RANDALL AT LOUISVILLE
THE PRESENT DEPRESSION DIS
CUSSED IN A SPEECH.
An Excess of Imports Which Usually
FOreruns Mercantile Misfortunes
Lacking in the Present Instance-Ths
Relations of the Administration and
Business Community Set Forth.
LOUISVILLE, KY, Dec. 29.-Hon. Samuel
Randall arrived here on a special train at
O'Clock last night. he was immediately
! driven to the residence of Hon. Oscar Turner
A committee composed of Judge W. B. Hoke
DR.. w. Il. Wattren, Col. e. E. Sears, Col. J
;. Miller and w. Reed met the train at Win
chester, and accompanied Mr.. RandalPs party
to the city. Mr.. Randall is accompanied by
Mrs. Randall. and Congressman McAdoo. O.
New Jersey. The tram was delayed a couple
OF hours at Buckner, a station Is miles out
by the engine breaking down.
THE FORMAL RECEPTION.
This morning Congressman Randall break
tasted at the residence of John +. Green OF
Fourth avenue. At breakfast were present
by invitation Congressman McAdOO, BIshOI
Dudley, Maj. j. NJ. Wright, Col. c.. +. Sears
Albert Fink and Gen. Basil W. Duke. 1t haC
been announced that Mr. Randall would ar
rive at the Board of Trade rooms promptly al
y O'Clock. Half an hour before the appointed
hour the room in which the reception was tC
/ take pace was perfect jam. Among the
large crowd Of representative business mer
gathered TO greet Mr.. Randall were the fol-
lowing Well known gentlemen:
Capt. Silas Il. Miller. Col J. +. Faulkner
Col James W. Buckner, Jr., Capt. NJ. f
tlshDack, ID. l.. Graves. Gen. Green Clay
Smith, John G. Roach. Judge Harlan, Mai
Clint McCleary. eX-GOy. Luke p. Blackburn
Senator Rodney Haggard. of Clark county;
Lewis BarkhOuse, Henry Il. jefferson, j. b.
Richardson, George Gaulbert, j. A. Mum,
Judge Flanagan. of Clark county; DIR. w
B. Caldwell, John Brannn. Jacob Kaiser
John Byrne, John DOdd, John d. Taggart
John Il. Moore and Rev. DIR. Humphrey. Mr.
RandalPs arrival was delayed, and it was
l2:45 O'Clock when he appeared. The room
was so thrOnged that it was difficult to force
an entrance through the doorway, and Mr..
Randall found II necessary to enter through a
window from the committee room to the plat
form, which had been arranged for the
speaker. Close behind Mr.. Randall, who
walked beside Mr.. Green, was Congressman
McAdOo.
MR.. GREEN'S WELCOME.
The party was accorded hearty reception.
In his words of welcome, Mr.. Green was very
complimentary to Mr.. Randall. He said that
the visitor was engaged in an honorable and
cOmmendable task of working to secure the
best interests of business men and labOrers
everywhere, and that it was his mission in the
South to acquaint himself with business in its
prosperity and depression that he might
be better qualified to assist in national
legislation and advance measures in relation
to the important question of the tariff that
would adequately and satisfactorily meet the
pts of the people.
the conclusion of his remarks Mr.. Green
Auced Mr.. Randall. There was wild
ng of hands, and. after the excitement
Dated, Mr.. Randall advanced to the
the platform and in slow and meas
PIce spoke for twenty minutes.
MIR. RANDALL'S SPEECH.
andall said:
q DENT AND GENTLEMEN OF THE BOARD
DE OF LOUISVILLE: Reared as l have
h In mercantile life, like most of those
" me, you can understand why ap-
tie more than might be under different
~ bns the honor which this body of men
and l say that it is proper in the out
sot hat you, being body Of men composed
6f sons of every political party, should be
& ito understand that am here present
t. without any personal political motive.
l.. e among you to witness for myself, to
sge the details that prevail in the
Cd South IN the business relations
IL it bears to the country.
" are passing through a period OF
gr depression, and think / can show that
tn Repression is phenomenal in its character
an Mike al others that have preceded it in
tn, United States.
TT kNTECEDENTS OF PREVIOUS PANICS.
4 bat is known the panic of 1887, which
L OF only perhaps from reading and
hea there was antecedent to that period
for j ~ years balance of trade against the
Until Rates aggregating S l50, 600, ,OO0 in value.
Again 1851 the panic of that year was pre-
ccdedlAlght years of adverse trade against
the UWA states in foreign countries
aggregS 350,O00,0O0, and the more
recent 2 1873 came on us after 10 years
of balanC e against the United States
aggregatlh AO 600 In value, and yet to-
day we are idst of depression when
the last yea< de in the United States
has been In IstS2 se United states to the
extent of 5000, OF ~ 1kerefore we can
not measure OF Rnnss in bus-
ness by those rui I've in
dicated as cOntrC mt, the
panics of prior yea,
CAUSE OF THE PI.r SION.
It is due to your inteil. should
give YOU the reasons Whit I've con
tributed to bring us to our ar lde con-
ditiOn. | consider it is Owihuv eXhaus-
tive taxation and, to some q to trade
restrictions, which ought to b. 1t aside.
Cheers. The government shIlO I'd admin
istered economically, and there 1t not to
be collected dollar of revenue the peO-
PIE of the United States in dl' of that
which is necessary to CcOnOmicT wadminis-
ter the government of this peOpL Cheers. I
some Of us have realized I ruth '~d Of
it, that the man who spends Il ~ money
than he makes Will become emba1 vsed, and
so according to my judgment tt country
WIN III imports more than 1t eXpOrt &pust be-
come embarrassed, and think \ n laws
should be made to protect this, ant Athere-
fore feel that when am here [ am s. q the
representatives of the energy and ellfyk prise
of the gateway to the South in her iiN Wrial
relations. IVA
NO PERSONAL OBJECT. -
am here as l said before without ~
sOnal object, and yet | have come to 81 y
great reawakening of the industrial energf,-
of the South.
You are without limit in resources. You
are to-day in many of the products of the soil
competing favorably with the North. and
have no earthly objection. | am free to say, to
see the Southern States, and many of them,
come into successful competition with the
Northern States, but l am unwilling TO see
both sections interfered with in their pro-
gress and career to destiny which God in
His infinite wisdom has endowed on this. the
greatest country on earth, by such
the victim OF foreign low labor and foreign
low interests Icheers, and do not speak this
to you in any partisan sense.
SPEAKING AS A STATESMAN.
speak it in the broader sense of statesman
ship. If l may be allowed to apply the term.
for we are all advised that atstatesmanship con-
sists in knowing the resources of a country,
and it is, in my Judgment, the duty of an in
telligent people to study out the details of her
condition as they relate to her exchange
that no harm may come to
invested capital and no lowering of the wages
OF American mechanics, and / say to You.
deliberately, that this can be done, and done
only, upon a business basis, about which you
perfectly well understand. When you attem pt
to run the country upon theory then | think
YOU belittle the subject. 1Ou must study out
for yourselves each individual and each COM
mercIal and trade interest, because the cOndi-
tions are never alike in two different countries,
and say. in conclusion, that that should be
the great object of our rulers at Washington
and the fulfllment of the duties required OF
such officials Is not wisely conducted unless
they give that impulse as far as the laws will
permit to the business interests of the coun-
try, for we all understand that the business
interests OF the country when prosperous in
dcate the success. comfort and happiness of
the entire people, and in like manner there
fore when the business interests of the coun-
try are neglected, or from one
cause or another are not aptly
looked after, then it is that
comes to the entire body of our citizens. 1t
is the duty of an administration, therefore, 10
look after the business and trade relations of
our country. Applause,
After Mr.. Randall had resumed his seat
there were loud calls for Mr.. McAdoo. In
response, that gentleman expressed thanks
for the honor that had been shown him, and
spoke briefly.
After the adjournment MIR. Randall shook
hands with number of friends. He was
then driven to the Pendennis club room,
where he dined with number of friends.
THE EVENINGS OUTPOURING.
Fifteen hundred people assembled in the
Liederkranz Hall tonight to listen to the ad-
dresses of Hon. Samuel j. Randall and Mr..
Nc AdOO. Most of the people came before S
O'Clock. and the hall was comfortably filled bv
that hour. The audience quietly awaited the
arrival of the distinguished party for awhile.
but they became impatient before they ar
rived. There were no decorations in the hall
or on the stage. Two rows of chairs were
n a latter lod Of