The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-07-28
GREAT BANQUET GIVEN GAGE.
PrsJNEss MEN OF BOSTON THE
sECRETARY's HOSTS.


tbusiastic One and His Address
closely Listened to.
Boston. Mass, July 27.-Lyman ]. Gage,
Secretary of the Treasury, was the guest
.of the business men of Boston at din
ner in The Tuilleries this afternoon. Mon
ev was talked almost exclusively and
number of gold democrats were among
those who contributed to the symposium.
Mr.. Cages reception was a very en-
thusiastlc one and his address was closely
listened to. The passage of the tariff bill
was touched upon as Incidental to what
was called the greatest problem nom
confronting the country.
Among those present were William c.
Lowering. who presided; Gov. Wolcott,
Mayor Quincy, Hon. Charles S. Hamlin,
ex-Assistant Secretary of the Treasury;
T. ]. Coolidge, ex-United States ambas
sador to France; Hon. J. r. Lesson. Will
ian &. Rice, Jr., and many others.
Secretary Gage held a reception before
the banquet Congressman William C.
Lowering of Massachusetts presided at
the feast, briefly stating why Boston
business men felt so keen an interest in
national financial affairs.
T. j. Coolidge, gave the welcome to
Secretary Gage with a tribute to the lat
ter's position in financial circles.
Secretary Gage was then introduced and
said in part:
I'VE have met here in a period frought
with its own interests. Opposing forces
met in November last and contended Bit
terly over the most vital of economic
questions While the issue was pending
the profitable arts of Industry came to
nearly a standstill. Trade and commerce
declined to the narrowest limits, and in
a breathless suspense those who could
comprehend the deep import of the issue
waited for its determination That issue
is now decided. The ballot, magic eX
ponent of the popular will, has recorded
its imperative voice for honest money
and for liberty regulated by law 1t now
remains to be seen whether from that
decision there is to be any successful
appeal. 1t is this that gives interest,
anxious interest, to the prospective action
of those who, clothed with legislative and
executive functions, have it in their
power to make secure the fruits of
victory, or who, by failing
to comprehend their high responsibility
may let slip the advantages so hardly won.
Upon the possible doubts involved in this
question:, men Oh uleIpIlSe sun hesitate
and the columns of industry march slowly
with ranks not yet completely filed. Is
there room for doubt on so plain prop
osidon? There out to be none. There
would be none except for the working of
the principle of human nature which
coaXes us to ease after effort-which in
duces us to contemplate rather than act
that spirit of inactivity which on more
than one occasion Kept the army of the
union from annihilating the enemy, and
on another occasion so paralyzed the con-
federate columns as to turn their army
back from the easy capture Of our capt.
tai
Logical as the duty of the government
seems to be. do not yourselves supinely
rest upon the conclusion that 10 will GER
tainly be performed. We have passed
through wearisome storm. The loss and
cost OF it has been enormous, but to-day
the skies are fair, the breeze Of prosper
lJy brings comfort and restoration. Shall
we not be permitted to rest and enjoy it?
No that would be too foolish, to wait for
II not 10 invite further disaster in the fu-
ture. The final answer must depend upon
the urgency or the Indifference of the peo-
PIE Inc administrative branch of the
government Will not stop or rest inact-
I've. Its influence has been and will be
Tor prompt and judicious action. The evil
uehce OF this fact is fresh at hand in the
--N'oN just uOW submitted TO congress
uy the President" Mr. Gage here quoted
several paragraphs from the message.
continuing, he said: But the admins
udlloh cannot make laws. 1t can only
execute them after they are made. 1t is
tleh 70 the legislative body that your
.loushiul attention Is to be given, If
YOU desire financial reform. Your sena-
tofs ana representatives will not antago-
ME your well considered desires. But
lhey must be Informed and constantly re-
Hilued OF what it is that you demand
anu now what Is IL that ought to be done
10 give security and protection to the fu-
tuIe 10 this there are many answers,
anu 10 every answer many directors. We
nave indeed delicate and difficult prob
ZEN 10 solve the difficulty being aggra-
Ed'eu by the fact that ignorance, preju-
ulee and passion enter In to complicats
ana veX the solution. This Is one OF the
penalties which popular government must
pay IN return for its multifarious and
eminent benefits. With these drawbacks
we can nevertheless, with patience, find
our way
The recommendation Of the President
Tor commission was admirable in that II
suggested a way by which a body of we'll
framed and thoughtful men could be pro-
Nuea 10 consider at leisure without dis
traction from other pressing themes, the
Important subjects Of currency and bank
ms IL at the same time opened
forum to which could be admitted every
eoutnbuuve suggestion from all classes
anu conditions of men. That the bill,
"uieh passed the House with promptness.
tlHea or recognition in the Senate, may
matter OF regret, but not one for
management
=, What might have been accomplished
--tpush commission. may be achieved
,ti,nout one. Nor ought we TO speak or
i,.uA unkndly OF a body which has so
ALL luously tolled In the work OF a new
ees Oh law concerning matter 50
a.sed with conflicting opinions and op-
..1Ys interests as is any tariff act.
q, tHe TWO questions before the country
t'r3 ,ie last political campaign were the
si.u ana the currency. One Of them Is
d.g setued. Whatever the merits or
trni.'s OF the new measure In its par.
M, 'II Items II has become the law OF
Mn 'osN Inc revenues derived from Il
n b. ouyet a possible brief interregnuun.
a t'qllple Tor proper government expen-
WIZ we have also reached a point
mfrr,' WIN absolute data furnished. com
a., 1ua manufactures can make cor
MI. Inmates and go on their respective
5s,." OF exchange and production win
my sense OF security.
ige, iesponsible party In power bav,ns,
hs iHily covered this ono t,,,,,cr,,.s