The Bolivar bulletin. [volume] (Bolivar, Hardeman County, Tenn.) 1865-1888, 1885-01-08


OF Pennsylvania by the Business Men Oi
Louisville, Ky.-WelcOme Change
Dined BY the Pendennis Club-AIeeting
at LeiderINranz Hall.
LOUISVILLE, KY, December so.
Hon. Samuel J. Randall, on his Southern
tour, reached this city Sunday evening at
7:30 O'Clock, He spent the night quietly
at the suburban home of the Hon. Oscar
Turner. Yesterday morning he break
tasted at the residence of John f. Green,
President of the Board of Trade, in COM
pany with Episcopal Bishop Dudley, Com
missioner Albert Fink, General Basil
Duke and others.
Mr.. Randall was expected at the Board
of Trade Building at noon, and half an
hour earlier the place was packed. The
crowd cheered and chaffed away more
than an hour before Mr.. Randall climbed,
as was necessary on account of the jam,
through window of the commttee-room
to the Speakers stand. He was accom-
panied by President Green, Congressman
McAdoo and others.
Mr.. Green read an address of welcome
Mr.. Randall, in answering, said he had
come to study the business relations of
the South. Speaking of the present
business depression, ne pointed out that
unlike the panics of 1887, 1857 and 1873,
all of which were preceded by from seven
to ten years of balance of trade against
US, this had been preceded by nine years
of great prosperity with the balance of
trade in our favor, aggregating 81, $780,,
0O0, 600. The cause, he said, is over
exhaustive taxation, and to some extent
trade restrictions which ought to be swept
away.
'sThe Government" he continued,
"should be administered economically,
and there ought not be collected a dollar
of revenue from the people of the United
States in excess of that which is neces-
sary to economically administer the Gov
ernment of the people," CCheers.1
He urged that Government could not
be run on theory. Business principles
must be applied. He was glad to see the
South competing with the North in manu-
factures, and unwilling to see both sec
tions the victims of foreign low labor and
foreign low interest.
He was followed in short speech by
Mr.. McAdOo.
After dinner at the Pendennis Club,
Mr.. Randall received few friends quite
informally.
At eight O'Clock Liederkranz Hall, with
a seating capacity of about $500, was
crowded to suffOcation, and hundreds
were turned away. The meeting was a
Crane ovation. Ex-Governor Blackburn
called it to order. Vice-Presidents, in
Guiding the wealthiest and most progress
sive citizens, were chosen.
AS MIR. Randall came in on the arm of
Mayor Jacob, he was greeted with a roar
OF applause. A brief welcome by eX-GOv-,
ernor Blackburn was followed by a fifty
minutes speech by Mr.. Randall and
fifteen minutes by Mr.. McAdoo. .f
Mr.. Randall insisted that the $3.50, ,O00,-
600 locked up in the Treasury without
any claim against it should be put into
the business channels of the country, and
all laws repealed that produce this excess
sive revenue. Internal taxation, odious
in Eng land, whence it comes, is much
more SO under a free Government
All taxes for Government expenses
should be collected by import
duties. There could be no free trade be-
tween this and another country which
would not lower wages and bring disaster
and shrinkage. The doctrine that internal
revenue should cease to be levied after
the war needs are met, is Democratic
from the times of Jefferson and Monroe.