The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1884-10-16
GRAND OPENING.
tps DALLAS TEMPLE or TRADE.
n%nsnine.n, Holiday ~ werchRnt.-Tb.
Culmina,iou ~ Hope-sreeohe- aud
Bsnauet-Nisitors - Historic
Ends with - Hall.

ness u representative Inen OF the
city and visitors aud merchants
from tho surrounding towns "a
witness tho ceremony attending the
most memorable event in the
history of Dallas, the Queen City ol
attendance and aftor IL had ~discoursed
several airs, MIR. +. g. Caller, the presl-
dent of the exchange, introduced Mr.. X.
=. To0le, of the HERALD, who delivered
the opening address. IL was frequently
applauded and was followed by adj
dresses from Messrs. L. g.. Caller, T. +.
McEnnis John Henry Brown, DR.. Cussey.
of Connecticut, Mayor Cabell, and
Col. William s.. Everett, of Chicago.
Tho Inauguration OF a temple of COM
merce is m era in Dallas history, and
awakes not only tho ~profoundest inter
est, but the liveliost enthusiasm. 10 was
remarked by tho leading mon of the
demonstration that the speech of Mr..
Toole was replete with information, elo-
oquent in its delivery, and both practi-
cal and appreciated. No finer effort
could have been made to suit so grand
an occasion.
Mr.. Toole, who delivered
OPENING ADDRESS.
spoke substantially as follows
When enterprise has accomplished re-
suits IL naturally desires 10 erect It's
Ebenezer. From the first beginnings OF
history this has been the custom. Philo-
sophy in Athens, Pantheism in India
and latterly religion in Greece, Rome
and Egypt expended its boarded
treasures aud choicest art on the erection
Of temples that should shine as their
eliminating successes. Many of these
works have been celebrated through
out the centuries. Among them may
be mentioned the Parthenon, of Athens,
the Tai Neahal, of upper India, the Pan
theon In Rome, the temple of Diana At
representing one thing, a controlling,
central idea, and thar was the success
of the theory back o! them.
Grand meetings are being held now
throughout the United States from
either border to the other of the country
to decide if possible the great political
issues at stake. Men naturally take an
unbounded interest I'm such matters, 1t
is proper that they should, for to all of
us it is IL serious concern who controls
our political destinies. But such meet
ings nowhere carry with them the sig
nificance of u gathering like this. Poll
ties, both state and nationally, may
vitality interest us, but the efforts
of the wealth and intelli-
gence of community to
| ITtIt vi Ibdb community llolC lIll-
mately concern us as citizens than all
the political, or religious, or social gath
erings of the day.
A meeting such as this is an element
of no small character in the best realiza-
ton of all the commercial aspirations of
this community. 1t is a source of salts
faction t hal it is so largely attended, and
that here are found the representative
men of north Texas. 1t is a presage of
| thn fnnf hof fhn formal nnaninp nE hin
magnificent temple of trade is but the
beginning of such acommercial suprem-
acy for Dallas, as ever its most enthusi-
astic aud hopefullcitizens have not dared
anticipate.
We are within the walls of a temple.
The solid masonry, the artistic finish,
the general elegance and beauty of both
design and accomplishment which we
| see here ,o-day are not equalled in any
| similar structure in Texas or the south.
1t Is indeed an Ebenezer, an indestruct-
ible monument to Dallas thrift and on
ergy and generosity, and for sighted
ness and enterprise that is not rivalled
by any other like structure not only in
the state but the entire southwest.
The history of cities is very much like
that of individuals. From feebl begin
nings grow grand results. The poor
youth, just starting upon his career, is
glad to get a bed of straw in an out-of-
the-way place for his local habitation.
BY and by, as he accumulates riches,
he desires more commodious quarters.
Finally, in the full fruition of his sue
cess, a palace is required to bound his
domiciliary desires. So with a city like
was good enough to transact
the limited operations Of sep
arate produce and cotton ex-
changes. In time something better
will be required, and the business of the
city will outgrow tho traffic of the vii
lage. 1t will come to pass after a sutf-
cient season that nothing less thai a
tingly represent the commercial status
of the town.
No town in America more strikingly
illustrates this development than Dal-
las. But a hamlet a few years since,
now il can with reason lay claim To the
proud distinction of being the metropo-
lis of North Texas and the Queen City
of the state. From small beginnings
have grown unanticipated results!
The struggling trade Of the country
town, where every man, both buyer and
seller, is a law unto himself, must
eventually give way to the organized
traffic of the city where a uniformity Of
prices and o common market must cor.
troll all sales. Such has been the result
here. 1t is a law of traffic as immuta-
BILE and universal IS the laws of devel-
opment of the human body.
An exchange Is just what It's name
imports, a general place for traffic. 1t is
not only q point to handle cotton, or
dry goods, or grain, but q quarter
where all classes Of sellers
and buyers can meet and swell
theovolume of a days or weeks or
years business. 1t is the concentration
80 troIn ~ an ,viNyan a,,1 knnxyn nInrfar.
It is a universal market house for a
city. 1t is a point where any man who
desires to purchase raw products, and
any man who wants to sell uch pro-
ducts, can at once repair in hope of
meeting the men and things they de-
sire. 1t is under such circumstances,
both a convenience to the buyer and
and therefore the chiefest element in the
growth and ultimate success and eXpan.
sion Of trade in any developing city.
Organization is q necessity in all great
undertakings. II is the foundation
stone in all political, social, physical,
financial and trade movements. The
trade of a city u~norganized, Is left upon
garden, filled with towering weeds" IL
means loss, Inconvenience, confusion
and ultimately decay.
But Dallas in its upward, onward,
rapid growth, has fortunately had far,
seeing business men, who appreciated
the necessity for combining, c~oncentrat-
ing, organizing the business and trade
of the city, and the result is before us
to-day.
On January 81. 1882, certain enterpris
ing business gentlemen interested in the
cotton trade of Dallas, prominent among
whom may be mentioned A.. Open
heimer, +. G. Caller, w. White, =.
Sanger, j. Il. Schneider, Waid Hill,
John Cochran, and others met for the
purpose of organizing the Dallas Cotton
Exr.hnnnn- Mr.. Waid Hill was made