The sun. [volume] (New York [N.Y.]) 1833-1916, 1893-11-22
CARLISLE GUEST OF HONOR.
An sane ~THE BoE,RTn ar Tur
CHAMBER OF COMMERCE. DINNER

DR.. Patton on the Comfort OF n, Ho,..
Doiisr-Hs Has Oae Reuns with Oh. sr,r,
cf Htsrity - Congressr.. ou,hv-,,
Hear. from CoIuunbu.- Nyir,s-, waite,
Phelps on Changes In Newspaper Read
Ing aad Party spirit-One Remark thu
Mr.. Mn Missed aud One on "Nop.tp,er
ven"on" that Mr.. Cleveland Did NJ t Hear
Under countless incandescent lights who's,
brilliancy would have stupened the founder,
oil the Chamber OF Commerce. that ancient
body ate its l25th annual dinner in belmont
cos last evening. Had Pelatiah pert arisen
from his grave and stepped into this blaze oil
llRht and listened to the music and gazed al
the sparkling table decorations. he would
without doubt have thought that he had
missed connections and landed in some other
planet than the one he knew. The solid men
OF the modern chamber made themselves
solder with "Chapon a rAmphitryon" and
Timbales P6riRourdne." and slapped one
another on the back as reminder OF the
adaGe. between drinks. It's time that's long -
There were ga diners. President Charles s.
Smith OF the Chamber Of Commerce sat at the
middle OF the guests table, At his right sat
Secretary Carlisle. The others at this table
were William Il Hornhlower David NJ Stone,
bt Clair McKelway. Seth Low, samuel d. Bah
cock. Whitelaw Reid. William Walter Phelps.
Congressman Joseph H. Cultivate. Major
Gen. o. o. Howard, the Rev. DR.. Francis l.
Patton, Carl Sohurz, Murat Halstead. George
NJ Pullman James II. Eckels. Rear Admiral
Ghersrdi. and Florence oDrlscCll. M.P
One Of the features Of the Chamber OF Com
MERGE dinner for many years has been the de-
sign Of the menu card. Last night each guest
received box containing two heavy sheets OF
cardboard beautifully engraved and tied to-
all ar Be- iii -.
piece contains two steel enRravlngs. the first
representing tho meeting In 1910 Letween
Lieut-Gov Cadwallader Golden and delega-
ton OF merchants who wanted him to exert
his Influence to obtain charter for the Cham
Der. Tho second picture represents the feet
OF war vessels OF all nations escorted into the
harbor Of New York on April ~. this year.
Above these pictures are tho American and
British flags, in their proper colors. with n
laurel wreath in gold representing the success
OF tho Chamber Of Commerce under both Gov
ernments
Up to the last moment 1t was expected that
Senator Hill would be present. but to every
ones disappointment he did not come. Mayor
Gllroy also was unable to be present Iresi-
dent Cleveland. through his secretary. sent n
public duties. Secretary Heruert wrote that
he was going to the we ding OF Vice president
steNen.on's SON. ana Senator sherman had to
return to Ohio. Thomas b. Reed had public
duties the Gorernor-tie nernl OF Canada had
When cigars we're lii the entire assembiage
raised its voice In that great METROPOLITAN
song:
s,ent, lp mo-. concert r"oJ , hail .r
Just tho minute that sat down.
Girl began singing. "Ane dude In town"
got up and spnke out free.
Pr NE sP Soa%etl
The Bow'Tyl The Bow'Ty dc.
It was said on good authority that both Sec
Rotary Carlisle and the Rev. DR.. Patton. neither
heard humming ii with great enthusiasm.
After the tables had been cleared. President
things he said:
.do @s;S ". s.GS 81 sss @ s to
YOU and know sh.' they did ana We Know excspIinE
clearing House bans; q ms cty; tns inansls
and disastrous. The name. our members OF the
70 nS:. sy sSs ,ss Of the ssHS glad
shonId be placed hirh on the roll Of honor tor their
to the country from almost universal bankruptcy
While Mr.. Smith was speaking Mrs. John @;
Ssriisieh appeared IN she gallery sccompsnied
Of her presence. As soon as MIR, smith had
finished his speech heannounced the toast to
Commerce demands and the honor Of tho country
requires that the obligations OF the United States shall
and thai this question shall be settled for ali and
beyond controversy
Secretary Carlisle was received with great
applause. He said:
SPEECH OF SECRETARY CARLISLE.
Our commercial interests are not confined
to our own country: they extend to every quar- |
in nearly every mark ct OF tho civilized world. A
very large part Of our farmers. m eehanics and
bic employment In the production and trans |
portatlon OF commodities for sale and con-
OF many Of our most important prod. |
ucts are fixed IN foreign markets. With
out out exception these prices are liked n
standard or measure Of value either BY ex-
press provision Of law or by a public policy
legally established ratio, The value Of our
he last fiscal year was more than 81. 1oo.-.
100000. and more than sl.lOO.0OO;0OO OF
while with the whole OF Asia it am ounted to a
little over 500 900, and with all the coun-
trss q south Amerres oTeIgdpg Brazil
s4hO OU.OoO. While It would be unfair to at
tribute this unequal distribution OF our trade
their fiscal legislation, think It may be safely |
asserted that this country could not long
most conspicuous and important members 81
The great community OF commercial nations
ess we preserve monetary system Substan-
Tally. at least. in accord with the monetary
systems Of the other principal nations. Jap
There can be no international legal tender
without an International agreement but there
must, from the verv necessities OF the case, |
Always he common basis upon which bar
gains are made and a common currency In
which balances arc settled. No one nation
san determine for the others what that basis
shall be- or what that currency shall be. 1t
MAY estA dish a currency for itself and for the
use OF its own people In their domestic trade.
but the value Of thai currency will he ulti-
NJ lately measured and exclusively fixed hy
The International standard whatever that may
be, Tho STAMP n its coins attests their weight
and hpeness, but IL adds nothing whatever
10 their Intrinsic value, and nothing what
sver to their eNchalgeabe value In the mar
kets Of the world; so that a nations stock Of |
International money always consists OF its un-
lotne ed bullion and the bullion value Of ms coins
IL cannot augment It's stock ot such money
10 any extent whatever by Ovsryaluing either |
gold or silver in It's coinage laws. nor can IL |
finnish Its stock to any extent whatever DY |
1nderVal uing either metal While the number |
n its nominal dollars or shilltngs. or francs |
nay DO increased or diminished as the case |
nay be. the actual value OF the bullion or |
,oins will not be changed in the least fur no !
Iet OF Congress. or other legislative body can |
'epeal or alter the laws OF trade or the laws Of
nance; and every attempt o. DO So must re- |
Iult in disaster sooner or later. Applause
No matter, therefore. what our monetary |
system may be here at home as established by /
)ur own laws, We must either r"linpulsh
ATge part OF our share in the commerce Of the
a0Fld ar conduct tIur International trade uIOQ !