The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1884-10-14
GRAND OPENING.
THE DALLAS TEMPLE OF TRADE,
magnificent Holiday of Merchandising
elimination of Hope-Speeches and
Banquet-visitors - Historic
Ends with % Ball.

formally inaugurated yesterday, and
one of the most magnificent palaces Of
trede in the south was opened to the
commercial world. The opening oc-
Cured at p. M, and the hall, or OK
change room, was flied with the bust
moss and representative men of the
city and visitors and merchants
from the surrounding towns TO
witness the ceremony attending the
most memorable event i'm the
history of Dallas, the Queen City Of
Texas. Moine Bros full band was in
attendance and after it had discoursed
several airs, Mr. Il. c. Caller, the presi-
dent OF the exchange, introduced MIR. H..
p. Toole, of the HERALD, who delivered
the opening address. IL was Frequently
applauded and was followed by adj
dresses from Messrs. II. G. Caller, ~. +.
McGnnis,J John Henry Brown, Dr.C ussey,
Of Connecticut, Mayor Cabell, and
Col, William S. Everett of Chicago.
The inauguration of temple Of com
merce Is an era in Dallas history, and
awakes not only the profoundest inter
est, but the liveliest enthusiasm. 1t was
remarked by the leading men of the
demonstration that the speech of Mr..
Toolo was replete with information, elo-
oquent in its delivery, and both practl-
cal and appreciated. No finer effort
could have been made TO suit so grand
an occasion.
Mr.. Toole, who delivered
THE OPENING ADDRESS.
spoke substantially as follows
When enterprise has accomplished re-
suits II naturally desires to erect its
Ebenezer. From tho first beginnings of
history this has been the custom. Philo-
sophy in Athens, Panthesm 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
Ephosus, and multitude of sthors. All
representing one thing, controlling,
central idea, and that was tho success
of the theory back OF them.
Grand meetings are being held now
throughout the United States from
either border to the other of the country
to decide II possible the great political
issues at stake. Men naturally tako an
unbOunded interest in such matters. II
il proper that they should, for to all of
us II Is serious concern who controls
our political destinies. But such meet
ings nowhere carry with them the sig
nlicance OF a gathering like this. Poll
tics, both state and nationally, NAV
vitality interest us, but the efforts
OF the wealth and intelli-
gence OF community to
give shape and fashion to the
trade of that community more init
mately concern us rs citizens than all
the political, or religious, or social gath
erings of the day.
meeting such as this Is an clement
OF no small character In the best realiza-
tion OF all the commercial aspirations of
TINS community. IL is 4 source of salts
faction hat II is so largely attended, and
that here are found the representative
men of north Texas. 1t Is "A presapo of
the iact that tho formal opening of this
magnificent temple of trade is but the
beginning of such commercial suprem-
acy for Dallas, as over Its most enthusi-
astlc and hopeful. citizens have not dared
anticipate.
We are within the walls of n temple.
Ihe solid masonry, the artistic finish.
the general elegance aud beauty of both
design and accomplishment which we
see here -o-day are not oqualed i'm any
similar structure in Texas or the south.
IL Is indeed an EbenezOr, 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 i'm
the state but the entire southwest.
. The history of cities Is very much like
"a "a L.. Il
nings grow grand results. The poor
youth, just starting upon his career. is
glad to get n bed OF straw in an out Of
tho-way place for his local habitation.
by and by as he accumulates riches,
he desires more commOdious quarters.
Finally, In the full truition Of his sue
cess, n palace is required to bound his
domiciliary desires. So with a city like
ours. While yet n Village any room
was good enough to transact
the limited operations of sen.
nrate produce and cotton OK.
changes. In time something hrt,,t
Will be required, and the business OF the
city will OutgrOw tho traffic of the vii
laye. IL will come 10 pass after sum.
oicnt season that nothing less than d
trade palace will accommodate or Ill
ungly represent the commercial status
W Nit WV Tie
No town In America moro slrikinpl,
illustrates this development than iai.
las. But u hamlet u few years since
now IL can with reason lay claim To IA,
proud distinction of being tho mctrnpn
lis of North Texas and the Queen CITY
OF the state. From small boginnngi
have grown unnnticipated results!
The struggling trade OF the country
town, where every man, both buyer ant
seller, Is u law unto himself, mus
eventually give way 10 the Crganize,
traffic of the city where uniformity o
prices and u common market must con
troll all sales. Such has been the result
here. II isa law of traffic as immuta
bic and universal rs the laws of doyol
opmont of the human body.
An exchange is just what its namt
imports, a general place for traffic. 1t /,
not only. n point to handle cotton, oI
dry goods, or grain, but quarter
where all classes of seller,
and buyers can meet and swell
tho volume of days or wcots oi
years business. IL ii the concentration
ol trade in given aud known quarter
IL Is u universal market house for d
city. IL IL point whore any man WHIT
desires to purchase raw products, ant
any man who wants 10 sell such pro
duets, can ut once repair In hope o
meeting the men and things they dc
sire. IL Is under such circumstances
both u convenience TO the buyer an,
soller. IL IL an organization OF traffic
and therefore the chiefost element I'm tn
growth and ultimate success aud oxpan
sion of trade in any developing city.
Organization il a necessity In all groa
undertakings, IL IN the foundation
stone In all political, social, physical
financial and trade movements, Tn
trade of a city unorganized, is left upol
n bed of shifting sands. II IL 80 spaciou
garden, filled With towering woods" |
means loss, Inconvenience, confusion
and ultimately decay.
But Dallas in its upward, onward
rapid growth, has fortunately had faI
seeing business mon, who appreciate,
The necessity FOR combining, ConVeu,ral
ing, organizing the business aud trad
ofthe city, and the result Is before u
10 day.
On January 81, 1879. certain onternris