New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-04-28
THE u1Dp1FsEx CLUE OBSERVES THE DAY
ELOQUENT ADDRESS OF HENRY CABOT LoDCE AT
ITS BANQUET IN BOSTON.

poston April n tSpedal.-The Middlesex Club
that sturdy Incorporating Republican orgnniIauoh'
gave IT, annual banquet IA honor OF "ehcia "i""'
birthday M YOungs Hotel tonight The attehu"ho'
WINS unusually large; nbout 200 gentlemen represent
Inc The business and political HE Of old MiddeseN
County gathered around the banquet tables. Among
the prominent men present were Ex-Governor Brackctt
cv N.vor Thomas II. Hart, Colonel Daniel Needhnm'
4 : Pinkerton president Of the Senate; senator
Frank Raymond, cx Senator Thomas Wi1ship' JON"
than A. Lane. Henry f. mepke, NsiuhS hh"ue
island Republican; State Treasurer George a. Nhiuen'
Colonel H. s,earns Major =. f. byar ana othefS.
Haskell Butler president Of the club, presided ana
made a pointed and eloquent speech introducing lno
dprcr exercises. The speakers Of the evening
o,.r. CONGRESSMAN Henry Cabot Lodge, senator r. L.
warren II wyoming; General John h. s"lil, ana state
Treasurer Mhrueh'
Arcr summarizing the history Of the silver pnes-
ton down To and including the act oil lo'o' N''
Lodge said 49, -.
ID nP depression threw The silver currency bh'h
mo The Treasury, We were able 10 carry III" ~.
'Iv.r becausc we had large annual surplus, Ihat
hnner me- longer exsts and If the inflow VI silver
Durr.ncy which has thus far been chech,n Dy S'al
20 uni,.ial pros penty begins again We haNc no sur
VI ,op and our gold reserve IN peril. Those
r,serv,s are In danger now. Ihey nave sum Hol'
,,,Nnoo oro Ia 10 900 900. a large foreign demand
l0VV I,,, manic and the Treasury wOu!u either b.
1S,c,s 10 let gold 80 or 10 suspend Bplu pa! i"cn,s
Eithrr event would mean business troubles ana COM
IDrh believe TO be the situation. The question
Is how ~ meet 1t. nak'd, instantaneous repeal, NI,n
no cnuseuucnt cessation OF additions To our 'uii'S
and n sudden further lowering of the price ol slNrr
bullion from the stOppagc OF our purchases WOMB oiS
s.1inus commercial troubles. lnttOduced Dll P'1
yding that when an International rnto wa nslrc11
mon with other nations our mlnts should 1e opcIu
~, ,,oe coinage because free coinage Woulu turh 10
i.rmlcss and until that time the operation Oh ''e
"t nf 800 should be suspended Ihls act shoniu o'
"ado If passed to take effect at some tnturc dat'
im orIcr 10 give time for adjustment Ihc clause r.
Iatng TO international ratio wa drawn Ds ,o' "'
iin,tnn who has been employed by our 6OVeThhch'
I'm nh negotiations on TINT subject ana VINO Is an ,n
pcrt upon IT, The second clause is mere pFoViao o
Tor suspenson The details OF the bil nay "' ,hn
criticised, but care nothing about the det;I1 u -,
princIplc Is right. as believe II l.. MINK s1me
means should he taken at once to suspend the o' n
lions of the act OF lo9O ~ thar the aduonS ~ o
rrrcncy can be, If not wholly checked, III
least brought wei within the danger line The aelna ~
live l. provision 10 increase our gold reserves ~ "
io secure The Treasury notes In the same proportion
The greenbac5s but selling bonds to get goa !, u" If
cXpclient open to many objections MOI pih..s
business confidence and likely 10 disorder exc
rency De- carried onl II must be carried on ~ ,,%
party There Is no other political instrument w VIII
which TO deal with IT, Individual emort - sre,,ni
enough. but II Is TO one Of the two great parry oEih
zations that must look for the settlement :" VIC
question The only party which can eT nna nm
The Republican party u would De mnnir hmu n NV
generous II were 10 attempt to brn,ue wii' ANA n>
Democratic COLLEAGUES IRON -, a. nN' How
IN this respect ~ have no de,lre U, w 80. IN
| ever we may differ TO mcth0is they are souhd III
P End An this Mr. Andrews votes have always been
right aud he and Mr. i"ms ana nr. loaF and tn' "
nsso.ates have fought the battle OF sOlnI money III
III cnngeSs with ali their strength But whom were
| tney fighting An overwhelming majority OF H,'lr
,y1 Marty | would not detia"t an iota from he
praise they have Justly eaned but II ,o nSS , a
~ oniv or the chief champions OF sound money. To
ry 10 deceive the p pie Of Massac h,e'is rs 10 the
dude OF the two great parties on this question Is n
| uortcmntlbe business unless newspaper sets party
success ab,ve the maintenance of sound currency.
seycn-eghths 81 the Republicans NweN against ir,c
o,raee TwOthrts OF the Democratic party were It's
friends and supporters. They may urn ana twist as
much as they please they cannot argue 5he iaet away
n he currency is saved party must do IT, 1t can