Los Angeles daily herald. [microfilm reel] (Los Angeles [Calif.]) 1884-1890, 1884-12-30
Entertained by the Louis.
vile Board Of Trade.
FULL TEXT OF MS SPEECH
Dedication Of the Washington Mon-
ment-Ieasing Indian Lands.
Revenge on Logan.

aud the crowd expressed inpatlenco BY
tbumplng the noor with Canes and raising d
noisy disturbance with their feet. randall
aud his party appeared at i2;ls r. a The
passage about the doorway Wis
~ defIsly crowded that bfr. Randall found
i necessary % enter through a window
which hnd been arranged Tor the speakers.
Close behind Mr.. Randall We're Mi. Green
nnd Congressman McAdo9. The party were
accorded hearty reception In his words
lay 50 Mr. kEnlaiA he said STAT the visitor
/ was engaged Ia the honorable aud com
| niendaDie task OF working TO secure the best
intefestof business men and laborers every
whore thai II was his mifsiou In the South
| 20 anqnaiut himself with business Ii its
Prosperity and depression, IN order that he
| might be better qualified to assist la national
| legislation and advance measures in rela.
| tlup TO the Important question OF tariff
thtt wonld adequately aud satisiacto-
| flly meet the wants Of the peo-
1 pie. Mr.. Green said he felt ooEhient
tnat the incoming adminislrafiou would
cerned. Al the conclusion Mr. Green intro
duoed Mr.. Aanoall. There was " I'D clap
| plug OF hands both before and aitaf the
spsaking, When the excitement had died
away, Mr. Randall adyanoed 10 the front OF
the platform aud Ia slow measured voice
began speech Of twenty minutes In leneth
While he spoke his right hand explored the
depths of his paniaioons pockets. Mr.. kan-
dali said
"MR. kAesuEsf AND GKsrLEngx OF rHF
BOARD or teAhE 0F LoutsvlIi.R Reared, IS
hare iees. - .=ss;.stiss isfe like l1usi of
those around me, yo.t can understand way l
appreciate morr than I might under dlner
ent Relations, the honor which this body Of
men thus tender me, and | say that Il 10
proper Ia the oatstart that you, being q body
OF faen composed Of every political party,
sanhid be given 10 understand thar 1 am
here present t0-day, without amy personal
uaiftlr4lt ! Ia
witness fof myself. 10 study dstails that
prevail In the great south aud In the busl.
ness relations that Ii bears to the country.
ws 'l are Psssing through p period q great
that this depression is phenomenal in il
character. aud unlike all others that have
preceded It ~ the United ststes. What Il
Known AS the panic OF 1851 Wnieh know
Of oniy perhaps from reading and hssrsay,
there was an aniecedeut % that period for
seven years, the balance OF trade against the
United steiss agRfegatlng fl1e.O0c.u00 IN
Vaiues Again 10 1901, the panic o1 that year
trade against the United States in foreign
couatgiez, aggregating $3.50 200 600. aud the
more recent pAnic Of 1873 called upon us
alter nine OF ten years Of balance
aggregating Sta0,voo GOV In value, aud yet
today we are ia the midst OF = depression
when the last nine feats OF trade in The
United Staies have been tu its favor to the
btAlnt DI 4lt1JlftttNftf s+A4tI AIEftlOrCr We
caunot measure aar psese 4 depression iu
business by the falss o. trade which have
Indicated As c0etroiiius Ia my Judgment.
the panlck oi prior years. IL Is due 20 yonf
Intelligence tnat should give You the rea-
sons hien think have contributed 70
bring ps 10 the preseat condition OF Trade.
II consider thst thels ~ aD over and cx
lhaustive taxation aud " some degree trade
restrictions which ought 10 be swept aside.
(Cheers.i The government should bo adj
IL iniatered ocouUmicaiiy, aud there ongbt
not to De collected dollar OF rceenue frOnI
the people pi the Uniled states IN excess OF
tAat which Is necessary TO economl
cally administer the gnyernmcnf Of
this people. tCheefsl It Is trite
saying, aud some Of us have realized
the truth Of il. thai 4 man who spends more
mo.ley than he makes Will become tfnbar
rtssed hnd say according tony judgment
ports nus1 beeafne atnpaFfaased, aud TIE
great object Of Koyernnieui 10 frse renple
ike ours IL to have Jaws enacted anu hon
estly and inielligeltly admlnlslered as will
Commerce OF the country Cheers. And
/, therefore, feel that When ! ain here, am
among the Representatives OF the energy
aud enterprise Of the gateway 10 the soutn
said before, Without personal object. and
Jet I came to ser the great reaWa keria2 Cf
the ludustrlai energies OF the South. You
are without iilnit 10 your resources. You
A D
soil. competing fsyorably with the NosLh,
and hAye no earthly objection,
II an free 10 say 70 see the
southern States, aud MANY Of them, Come
into successlaI competition win tne North
ern, but | avn absolutely un~illing 70 see
both sections iuteflered With ia their prog.
Iress and career 10 the des.ltiy when Go1 In
Hts iulinife wisdom has endowed upou this
as viii make both SECTIONS the victim Of
foreign low labor and foreign low inlerests.
lfCheers. And do not speak this 70 you IN
lany paytrsa sense, 1 speak IL Ia q broader
sense q statesmanshsp. q may ne allowed
to apply the term, for We are all ad yised that
statpemankhip c5nsistz In knowing the re
sources Of the country, and IL Il my judg
meat that the duty OF an Intelligent people
lis 10 study out he details oi her condi-
q products with foreign cuaIiries,
30 no harm may come TO invested capital
aud no lowering Of the wages Of American
mechanics, and say 10 you deliberately
that this can be done aid done only upon
business basis, which you perisctly under-
stand. When you attempt, Ia my Judgment,
TO tun country upon theory, ! think you
beltttle subject that gon must study out
com sasrcial aud trade interest because the
lcondllions are never alike in two different
countries, and say IN conclusion thst ID
should be the great object Of our rulers at
Washington. aud the fulhllment required OF
they give that impulse AS far a. the laws
lwill permit to the business interests oi
The country fer We all understand
/ that the business Interests Of the
the success. comfort and happiness OF the
entire people, and iu like manner, therefore,
when the business Interests OF the country
are neglected from one cause or another or
depression, discomfort and unh6ppineas
come 20 the entire body Of our ci fzens, The
duty OF an administration is, therefore. 20
look after the business and frade relations
Of 0ur country. and 1 may be permitted TO
indulge this Iar as my Distinguished
| friend who has nist spoken has 10 say. that
IN understand Alright the duties of the In
coming administration. II means 70 gives rs
a husinesH government. Applause.
| Alter Mr.. Randall had resumed his seat
there were loud calls for McAdoo. IN re-
sspcn,ss say yonag man sa... az drsssed 4
La member Of Congress. from The
lilule state that raised wafermeIona, and
Imlnufacturdd lightning In liquid form, took
tho fioor aud expressed thanks for the honor
thar ND Deen shown. Mr.. McAdoo said thai
in ie sncsess 81 the new South. NJ Nc.
| AdoO'e speech was beautiful rhetorical
effort, fun u sound logic aud sensibIy 10
the point, Aftes adjournment Mr.. Randall
| was driven to the Pendeunis Ciub Room,
where he enjoyed hearty meal with 4
aelent ooterio VI protective tarif disciples.
rAnfr sPEkca
I.ounviILs. Ky, bee 29--To.night sam.
ucl J K.neall Addressed large audience
10 Liederkranx Han. IN thespeeeh Randall
dwell upon the subject OF taxstion He
We shink We have q aright to say to all men
IN oiaelI stations lha. there shall be no
taxes collected in excess 81 the necessary re.
iquirements of public affairs, lcheers
dan = the cnnkfitl1ffnunl uutrpr III any ad.
lmlrlstration IN this country 20 collect one
dollar 10 excess OF thnt amount under any
lpfetense Whatever To-day we have -four
hundred and atty millions locked up IN the
Of thai amount is there without a
dollar 81 CLAIM against Il. What We
want. and think but voice the dcalre "a
the people of the United States which is to
have that Two hundred taken oui OF the
Treasury by tho purchase of The pnbllc debt,
80 that Il may nnd It's way through channels
Of rnde aud elmmeree. IDad1iuoD 20 this
the tnxation oi the United States IL annual
lly laking from the pcopte me hundred NIL
lions IN excess OF What Is there stored IN the
treasury. without necessity or 4 eonsfitu.
tiOnal right. Wa should repeal al those
law. Which produce this excessive amount
Of revenue, and i Is thaf ia which Ne differ
from our political opponents
Randall fhcreuron aItackcd biaine'f let
ter advocating the dislributlnn ~ the sur
plus revenue among the States There Waa
we're compelled to enact laws which did
not come Within what they deemed tobethe
constitutional requirements. for the uecet-
slticf os the occaslua. get we did submit bul
luhcn that wan over. We say nov that colldi.
ltion Of things nu@f cease. An economical
Administration ct the government a. Wash
inFtou can do Withaut this <I2n 900 iao0
pfmoney; that was collected last year and
tRln be collected next He would get rid OF
this nuount yearly by the levyiug of duty
upon Imports into the United States af The
agency ~ lafln Hc would 90 levy 0afl "a
Tint the difefence hnvcen foreign pfodtcl
and thu American article Whcn The Two art
herc IN competition, 10 thai the dfhcfenct
10 the foreign FHte ~ i'1iereat and ti,fl of
onr oe4 rnnnuy, nv difference III wages oi
lmtch4nirt aud lahofof4 abroad and the
laooter 81 the uniiet States shall pe equal
Iunly 10 MI th1t gap. Iuert CO I'D % 90
fsee Ernde tctucrr the lIniiV,i States anN
any country suorcAsiA l'y uherr tile bualnasa
raIt 81 Hltcrotf in 1nr IS ul4tftni iron the