St. Paul daily globe., 1893-06-13
CASTLES INAUGURAL.
The New President of the CHAM
Der Of. Commerce Assumes
Office.
Splendid Showing in Material
Things and Fine Prospects
Ahead. M

Capt. Henry Castle. the new presi5siis
of the chamber of commerce, torms%y y
assumed the-po sitlon at the meeting
yesterday morning. Extracts from his
ACKNOWLEDGMENT inaugural address
are given below. After thanking the
board Of directors for the honor -een-
ferred, heasaid; ;sq
!. In the face. Ofsintense competition,
near and temote. ST. Paul has advanced
within thirty years from frontier viz
lage TO recognized metropolis. and a
potent factor IN that advancement has
been. as if continues to be, this body of
.-n1efl voluntarily: and unselfishly de
|. voted toa bold championship OF public
Its record has been glorigas.
but the necessity for its existence ahd
activity has not diminished. No Amer
lean city has ever ceased to grow after
reaching population of 100000, sBut
the rapidity of growth, the maintenance
Of comparative prestige or relative
supremacy still depends on the energy
Of public-spirited citizens.
The splendid events of last week show
that ST. Paul has lost none OF her old
time enthusiasm. We are on the threSh-
old of new and very promising era of
metropolitan development; we recog
nRed it and celebrated it, ard pro-
claimed it in style that not only
awakens the nations of the world, but,
even more important, shakes away from
our-own heads the shadow of surround
ing depression and fills us with fresh
currents of electric courage and hope.
The past years progress OF the city
has not been fully chronicled, but will
be surprising revelation. Our financial
10 al iro 4 haaiy
business, and have passed through
severe crisis without failure or
strain. Our jobbing trade has been eX-
tended and enlarged. A dozen large
manufacturing enterprises and score
of smaller ones nave have been estab-
lished, employing in the aggregate
many thousand men. A second con-
tinental railway has been completed,
of which st. Paul is the head
quarters and fixed Eastern ter
minus. Our twenty-seven lines of rail-
way, radiating in every direction, have
each added new feeders or improve
ments which increase their value as
elements of prosperity. Our splendid
electric street car system OF nearly one
hundred miles has been extended and
perfected We have marched to third
place in the country as live stock mar
ket We have become the headquarters
of the greatest lumber concern in Amer
lea.
We have gone steadily onward through
depression and panic III the erection OF
needed business buildings and private
residences costing S5,000,000. Our pros
porous industrial suburbs have grown
without interruption. We have ex-
tended our water works and parks;
httiI ,1pu oh
We have secured a new capitol and
commenced new postoffice-b of
magnificent proportions. We have built
a temporary but adequate auditorium.
We have built an electric line to our
most popular lake resort, and are
now building one to our largest
suburban park. We have heartily wei
coined and Hospitality entertained
thousands of influential visitors and
sent them home tuneful with foud
praises of st. PauPs marvellous
growth and limitless enterprise. Our
postoffice revenue has increased Is per
cent. our school population 10 per cent,
our banking business IL per cent, our
intrinsic real estate values 20 per cent,
our self-contidence LOO per cent. ,0i
The outlook for the coming year is
even brighter. If the various orgauiza-
tions which are working healthfufiy
and harmoniously for st. Paul do their
full duty. the achievements of the year.
to come will be at least equally con-
spicuouS.
The executive committee and COM,
mittoe Oh membership and nominations
were announced as follows: .lat-
Executive Committee. ,sol
President, ex-otficIo, the, chairman;
John b. Sanborn, j. w. Bishop. G. w.
Hackett, w. p. Clough, E. V. Smaliey,
Thomas Cochran, Maurice Auerbach,
D. ID. Merrill, E. W. Peet, F. w. Ander-
son, A. S. Tallmadge. Cass Gilbert, l..
w. Lundlett, r. G. jefferson, A. d..
Lindeke.
Membership and Nominations-Cass
Gilbert, chairman; Ell. ID. Brown, G. &.
Andrews. Rush B. Wheeler, j. Fl. Bur
well, A. s. Tallmadge, w. II. Lightner.
Director Cochran offered the follow
ing resolution asking the repeal of the
Sherman act:
Whereas, 1t is the sentiment of this
chamber that the immediate repeal of
the so-called Sherman bill for the pur-
chase of A, $4,000 ounces of silver per
month would gOsfar tward relieving the
present financial depression, would tend
to restore confidence in the monetary
markets Of this country and attract tor
eign capital to American investments.
Resolved, That thei committee on
banks and banking be requested to pre-
pare petition addressed to the preSi-
dent of the United States praying that a
special session of congress be called for
this purpose, not later than Aug. next,
and that the committee take such ac :
ton for the circulation and signature OF
such petitions as shall gain for it the
widest publicity and Endorsement.
Resolved, That copy of this resolu-
ton be forwarded to the presid ent of
the United States.
The resolution was adopted.
L. d. Merwin offered the following
resolution, which was adopted:
Resolved, That the last report of t he city
comptroller be and the same is hereby re-
ferred to the committee on taxes. city and
county officers for their examination with
instructions to report to the-chamber the
financial condition of the city. and what, if
any, reduction in the Indebtedness has been
accomplished during the past year.
The election OF a secretary was de-
ferred for a week by the executive COM
mlttee.
For Hot Days
Wear our Unlined Suits. The Boston,