The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1894-02-11

Pacific ocean.
1T may be the result of q conspiracy,
but the American influence has been
felt in the Sandwich islands. Whether or
not the handful Of people will be able to
resist the Vaccinations OF the queen
| can not cay.
''But when they turn to outside help,
if old England ever hoists her flag in
those islands to protect property and
life she will never haul down that flag.
Long and continued applause.
Butt might pause to ask, Mr.. Presi-
dent, what this has to do with Chicago.
Laughter
''But, gentlemen, the prosperity of
your city is linked with that of Chicago,
She has sent to you her sons and daught-
ere, and she will never try to stamp out
your civilization. Chicago has fur
nished you capital. She will furnish
you more capital to develop your Undue
tries. She has sent men to delve in
your soil and che will send you some
more. She has made you a market for
your vines and trees.
"Mr. President, | have already done
something for this city. l have sent
Mrs. Beverigde and my con here and they
will remain. Within few DAYS | shall
go to Chicago, but with the hope that |
may return to remain also, such is my
belief in the prosperity OF California"
[Applause.l
On suggestion of Mr.. Cooper everyone
arose and drank the health of Governor
Beveridge, uinging For He's Jolly Good
Fellow.
There were loud cries for "Cudahy of
Chicago" but the gentleman did not
respond.
Mr.. K. H. Wade. general manager OF
the Southern California railroad, was to
have. replied to Railways, Their Inhu-
ence on Commerce. but as he was not
present Mr.. H. y. Osborne, editor of the
Express, read his paper:
Mr.. PRECEDENT AND GENTLEMEN The
greatest idea OF the business world to-
day is the idea OF fraternity and Coop
Grafton. We have reached a stage in
the evolution of the business world in
which the fierce and deadly strife for
supremacy called competition, in which
the stronger builds up prosperity on the
ruins OF the weaker, and that next nat
ural development, the substitution of
gigantic combinations for competitive
strife, are giving place to third adj
vance, the one of all destined to be en-
during, the stage of co operation.
In view of his prospective crop, the
producer secures credit from the coun-
try store, which in turn ia ommodated
by the banker. The grain exchange
enables dealers to compare prices and
provide markets in all parts of the
world, and in connection with the mer-
chants and railways by cooperation
have made commerce success.
You gentlemen of commerce and
finance are encountering the evils of
monetary legislation, and you are sp-
prehensive of more; we of transporta-
ton are undergoing even more crndities.
and in some instances the unfriendli-
ness of national legislation. The rail-
way charges OF the United States average
for swifter service and larger carrying
liabilities, not two-thirds Of those OF
European countries, and England in
stituted advanced rates last year. We
pay greatly more for railway labor than
any other country. Taxation is increas-
ing. There is but one source from which
we can derive the revenues therefor,
the pu blic, and that public through leg
islators who misapprehend both the
situation and justice, are increasing the
peoples privileges, and the railway ex-
penditures and responsibilities. The
real exponent of both transportation
and commerce in one person is the
peddler and his pack, and he ia and
should remain, as should his successors,
unrestricted in any state or by any ma
ton, whether he crosses state line or
not, when engaged in just purposes and
while making just charges.
Your location and condition, go far aa
railways are concerned. is certainly a
matter for congratulation. The markets
of the world are brought to your doors,
facilities are fully adequate for present
business requirements, and will I'M
doubtedly increase as traffic grows. |
would again refer to this supreme and
all-controlling principle operation
which, sooner or later, will bring the
whole business world into condition
not only of thorough organization but of
thorough and friendly relations.
The development of electricity by
water power will, in my judgment. be-
come an important factor in transporta-
ton in Southern California in the near
future. The use of oil as fuel for loco
motives ia also among the possibilities !;
either condition would result in retain
ing large volumes OF money at home
and confidence should be our watch
words. Encourage new capital by fair
treatment and protection of that already
invested, and the relations between the
RAILWAYS and commerce will soon be-
come permanent bond OF good will and
mutual interests.
Letters OF regret were read from @. P.
Huntington and Charles F. Crocker.
Mr.. J. NJ. Crawley, assistant freight
and ticket agent of the Southern Pacific
railway, spoke in response to numerous
calls.
Judge John Bcknell. the local at
torney of the company. also spoke BRIEF
ly, giving some "reminiscences of his
fret trip to California and the growth
of the section.
W. 9. Patterson, ex-president of the
board of trade, replied to the toast, Los
Angeles, the Metropolis of the South
west.
Mr.. ToAsTMAsrER AND GENTLEMEN /:
The subject which has been asigned
me is so comprehensive that were | to
attempt to treat it in extenso you would
be justified in beginning the refrain,
1--WE won't go home till morning." l
shall therefore con6ne myself to the
merest outline.
Los Angeles is so situated as to be-
readily and easily approached from
nearly every direction. Lines of trans
porteton reach towards almost everv
ooint nf tho c0DnOaaa Otharo 50