The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1897-06-03
SPEECH BY SECRETARY GAGE
SPOKE Ar THE CINCINNATI COM
MERCIAL CLUBS BANQUET
LAST NIGHT.
SOUND FINANCES WILL SURELY GONE
He Brought Assurances From Press
ident Mckinley That n Sound
system of Currency Would BE
Achieved In Due Time.

Cincinnati, o., May 2S.-The browning
event of the visit of the Commercial clubs
was the banquet tonight at the Clifton
mansion of Alexander Mcdonald, who
acted as host for the Cincinnati club.
Lucian Wulsin, president of the Cincin-
natl club, opened the speaking with an
address of welcome. Mr.. West of st.
Louis, Jerome Jones, president of the
Boston club, and John J. Glessner, pres
ident of the Chicago club, responded.
Secretary Gage was vociferously APP
plauded as he arose to speak. He said
that before he came to Cincinnati he had
called on the president and asked per-
mission to say for the administration that
there must be proper revenue raised and
there must be a sound system of cur
rency established. The president said:
"That is exactly what I want you to
say"
Mr.. GAGE further said, & :,
I'm the preceding remarks, discover
| two particular themes which have a first
place in the hearts of all. These two
themes are the tariff and the public
finances. Upon the settlement Of these
two questions, enterprise waits and in
dustry lahguishes. Oyer fifty times !
have been asked: When will the tariff
discussion end and the measures pro-
posed receive the final vote which will
formulate the measures into u lawY
Over fifty times more have been asked:
| Have the financial reforms for which
the people struggled in November last
been. forgottenT Now, it is not to be
wondered at that you who have so long
borne the burden of anxiety and fear, who
have so long waited and watched for
the restoration of conditions upon which
some secure estimate of tomorrow can
be made, should grow nervous and inn
| patient over every act or word which
seems to suggest doubt or delay In the
establishment of such conditions
| Il have thought that on this occasion
could do no better service than to give
you assurance and hope. AS to the
measure now before congress, known as
the tariff bill, | have nothing to say in
ldetail. do not think that the opponents
of these measures are likely to oppose
with wilful and unjust distractions the
course of legislation.
"As to the financial question, to which
have already referred, l must content
myself with u few words. / am glad
that they may be words Of reinsurance.
II any of you harbor the suspicion that
thC Jubt uUW lu5tulItu
the responsibilities Of the high office, has
forgotten or is likely to forget the man
date of the people, whose voice In behalf
of honest money and sound finances rang
out loud and clenr In November last, put
that suspicion aside. 1t was unjust and
unfounded. In good time and in proper
order the affirmative evidences Of my
declaration will appear In the mean
time, my friends, do your part to help
those charged with Legislative and adj
ministrative duties. Do not let the In
ertia engendered by fear and distrust
creep over you. We have been passing
through period of great trial and nobly
we have endured the strain. The future
g not dark with forebodings it is iliu-
minated with national hope. The revival
Iof industry is near and with the estab-
lishment of a revenue law sufficient to
bring into the treasury an amount ade-
lquate to meet the reasonable needs Of
our government and the establishment
of our finances on q sound and enduring
basis, nothing now foreseen can delay
the recovery of past losses and the in
lauguration of n new forward movement
along the lines of material advancement
and social progress, which we may
humbly trust is in the benevolent mind
of God to bestow upon the American
people"