New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-12-20
HISTORY OF THE JAY TREATY.

THE EARLY CRITICISM DIsPROvED BY CONNER
cIAL PROSPERITY WHICH 1T BROUGHT ABOUT.
The commercial treaty with Great Britain. which
was negotiated by John Jay OF New-York In No
vember. 17%. was not ratified until December H.
1885, when President Washington made the formal
announcement to the Senate So important have
been the results OF the treaty that the American
Commerce Dinner at Delmoncos last evening was
planned several months ago to celebrate the one
hundredth anniversary OF the treaty, In the nope
that December 10 might be known Commercial
Day" hereafter.
Jays treaty gave the United States business IN
place OF war, at a time when ii was langushng' anu
was in no condition to invite a new conflict. 1T Sc
cured peace with honor. the exalted statesmanship
of Its author perceiving that 1t was necessary "
grow in strength rather than in aggressivehess
The merchants of this country felt the stimulus
Of the new life at once Foreign trade Jumped from
sses725 in 1894 to Nl7i6i0 in 1875, and In 1876 II
reached Sl40OlO7s9 in amount. Shpbuiding IN
America saw It's first great boom. Though foreign
trade more than doubled from 1874 TO lIso the pro-
portion OF trade In American-built ships was o''s
So per of the whole In 1874, while IN l''' 1t "'
30 per OF the than doubly Increased "ho''
The selection of John Jay. OF New-York the Hrs'
Chief Justice of the United States Supreme Court
to negotiate the treaty was made known 10 ,ne
Senate by President Washington on April 10. i's4
in official communication. which showed a PaI ~
that this measure was iast resort oe1o'e e'''e
Mr. jaw was well received In London. and there
JOY among the merchants in Boston anu TeM
York in February, 1875. when II became known '""'
a treaty with Great Britain had been sigheu' .
Mr.. Jays popularity was such that ms ps src.
nominated him for Governor OF New-York 10 sue
coed Governor Clinton, and he was elected II M
absence on May q. 1906 Mr.. Jay landed IN New New
York and was welcomed by an immense cohcoul,se
Of citizens received and conducted him ainust
repea ted accamations. TO his house on brQauWay'
where Mr. jay addressed them. At O'Clock JOY.
full peal rung from the bells OF the CITY, aiu at
o'clock a Federal salute fred from the Dat
terry. .
WHEN CRITICISM BEGAN.
Up to that time the treaty had not been pun
lshed and as nothing was known definitely ABOUT
it, there was nothing for the opposition 10 critclse
The terms of the treaty fully made known III
July. and Immediately the storm burst Every
article was criticised. and the document Wa
branded with such epithets that IL has taken run
century for justice to be done IT. Town meetings
were called in Boston. NewY and Phiadeiphia
10 denounce IT, But the town needing heId IN
New-York passed vote of confidence In the Al
ministration ,,
Under the influence OF the leaders who ndorsed
the treaty guided by the conservative advice or the
business men In the different States, the Nation as
a whole ac1uesced, when. In December, ltso tne
President announced to the Senate that he mac as
scented to the terms of the proposed treaty win
the exception of one OF it's provisions. which was
left in allowance. The American people within two
years experienced revival OF business when
demonstrated the value them OF friendly rela-
tons with the most formidable mercantile Power IN