The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1895-06-06
TIN CITY OF WHEELING.

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Tho city Of Wheeling 10 n manufac.
turing city. II Is true there arc othor
largo commercial interests, but II our
manufacturing industries aro depressed
or lag Tor want OF capital to carry them
on %protltably, then all other interests
arc affected aud wo say times ara slow.
You gcntlcmon arc tho people who can
lubricato tho wheels OF commerce and
mako thcmgo round. and We. like lIolon's
Babies, always want to 500 tho wheels
go round. withhold your aid and wo
fail: to you we look for the aid that will
develop our great state; to you will boz
long largely tho honor OF carrying on
tho great developments that arc sure 10
como within this state in tho near fu-
turc, in coal, lumber, oil and manu-
features. indocd. the development is
now VOL under way. for | am
told that our state stands to-day fourth
In tho production OF coal. Tho city OF
Wheeling is proud OF hor banks, they
have already boon liberal with our poo.
plc aud they stand to-day second TO
none throughout tho country. l DO.
love | voice the sentiments OF our PEG.
pie, when | say. wo believe in
banks and We arc glad to have m op.
p%ortunity to praise tho bridge that hu,
80 often carried VI orer. | have decided
views as to the currency. but this is not
tho time, neither is it tho place. to OK.
pross ,hon; | know that whatever
policy the government onacts, You
gentlemen will havo to moot tho condl-
tons. Wo have tho hopo that
it will bc in tho future rs
it has been in the past IS years or bettor
il possible. Aud now 10 tho gentlemen
who are hero from other cities who rep
bGuiiny-I take pleasure in extending
10 you ono and ull on behalf oil our city,
q cordial welcome within III gates.
Not only will you find the latch string
out, as OF old. among our people, but |
have no doubt that you will find our
bankers with their vault doo.s open for
your inspection. Certainly our wish is
that you may find it was not only pleas
ant. but profitable, to have been here,
and whom you return to your homes VIC
trust you will remember this meeting
WIN plChShlCs
Mr.. r e. DaIzell, on behalf Of the
Wheeling bankers, welcomed tho visit.
ing delegates heartily in n few romarks,
in tho course OF which no said that the
spiri: Of genuine hospitality is nowhere
seen to better advantage than here in
West Virginia.
Governor MacCorkle who was e1-
pected to attend the meeting was to
replied to the addresses OF well
come, but unfortunately tho governor
was unable to bo prescn. and the fol.
letter was read from His Ex.
celleRcy:
STATE OF WEST VIRGINIA.,
EXECUTIVE CHAMBER,
CHARLESTON, May 81, 1881
P. B. DoJ5inJ. Sew. dc:
Ny DEAR Mn. DoBBISs:-I regret most
exceedingly that l will not be at your
banquet and that l cannot attend your
meeting. No one feels more than | the
conservative and powerful influence OF
the Banking Fraternity. l think West
Virginia can look with q vast deal OF
pride upon the career Of her bankers
and banking. In the last panic when
in every state in the Union banks were
on every side, or il they we're
going into bankruptcy, they were
those to whom they had loaned
money TO ruinous curtailments, but 4
bank in West Virginia Jailed. and those
who borrowed from the banks were not
TO ~ruinous sacrifices in order to
curtail loans. l believe that in no state |
the Union arc there 80 many good
carefully managed banks as arc in the
state Of West Virginia Their influence
in n rapidly developing state such rs
West Virginia cannot be overcstimated.
By u wild eating" and n~on-conserva
tive course banks can produce untold
but acting in the conservative
manner in which our banks have acted,
i'll all OF Theses rapidly develop
ing and newly created mining
districts, tho tendency for a good
cauno. be considered too
The very fra. outcome OF this
tendency ia TO produce consorva-
tive business men. and conservative
business men in a short time have their
influence shown in all tho affairs OF the
Tho banking outlook IN West
Virginia is most suspicious, because tho
banklu: capital OF the state Is founded
upon the material interest OF the state
and the material interest OF tho state OF
West Virginia chunot be ovorestiina,ed.
| think no state in the union affords
such n splendid future for banking rs
does West Virginia. IIcr coal il unaur-