McCook weekly tribune. (McCook, Neb.) 188?-1886, 1885-01-08

Tie 10 Cordially Welcomed to Louisville 6y
the Board of Trade Of that City.


He Is Cordially Welcomed to Louisville 1y
the Board of Trade Of that City.
In his trip through the south Samuel ]. RAN
dall made the first stop at Louisville, where
he was given u cordial reception by the board
Of trade. The president of the board OF trade
In welcoming Mr.. Randall; said that the Wis
itor was engaged in an honorable and com
mendable task OF working TO secure the best
interests of the business men and laborers
everywhere: that IL WAS his mission in the
south to acquaint himself with the business In
its prosperity and depression that he might be
the better qualified To assist in national legs
lation and advance measures in relation to
the important question of the tariff that
would adequately and satisfactorily meet the
wants of the people. Yr. randall replied as
follows:
Mr. President and Gentlemen of the Board
of Trade of Louisville: Reared, as / have
been, in mercantile life, like most OF those
around me, you can understand why appre-
ciate more than might be under different rela-
tons the honor which this body of men ten
der, and say tn IL IL proper in the outstart
that you, being q body of men composed of
persons of every political party. should be
given to understand that | am here present
to-day without any personal political motive.
/ come among you to witness for myself, TO
study the details that prevail in the great
south in the business relations that it bears
to the country. We are PASSING through
period of great depression. and think can
show that this depression is phenomenal In its
character and unlike all others hat have pre-
ceded 1t in the United States. What is known
rs the panic OF lS31-which i know of only
perhaps from reading and hearsay-there
was an antecedent to that period for seven
wears OF balance of trade again"t the United
States, aggregating Sl5O,UOOO in value.
Again, in 1857, the panic OF that yeer was pre-
ceded by eight years of adverse trade against
the United States in foreign countries, aggre-
eating S350,GO,OO0, and the NOR recent panic
of 1873 came upon us after ten years of bal
ance of trade against the United States, aggre
eating Sl,OOO,0UiOG in value, and yet to-day we
are in the midst of depression when the last
nine years OF trade in the United States
has been in favor of the United States
to the extent of SI.3O0.0OO0OO. and, there
fore. we cannot measure our present de-
preston by those rules of trade which
the panics of prior years. 1t is due to your
intelligence that j should give you reasons
which think have contributed to bring us to
our present trade condition. / consider hat
it is over and ybaustive taxation and to some
degree, trade restrictions, which ought to be
swept aside. [Cheers.l The government
should be admin stored economically, and
there ought not to be collected a dollar OF
in excess of that which is necessary to
economically administer the government of
this people ICheerS. 1t is IL trite' saying.
and some of us have realized the truth of it,
makes will become embarrassed, and / say.
nc, Ording to my judgment, that the country
which imports more than it exports must be-
come EN- embarrassed, and the great object of the
government 10 free people like ours is to
have such laws enacted and honestly and in
teligcntly administered as will best promote
the great objects of the trade and commerce
of the country. lCheers.l