The San Francisco call., 1897-09-24
COMPTROLLER of Currency
a Guest of DenVer'S
Moneyed Men.
Says Fights of PartiSanS Can't
Weaken the Foundation of
the Republic.
Glowing Tribute Paid to the Re-
sources of Colorado, Particu-
IarIy the Mines.

DENVER, CoLo., Sept. 23.-Comptroller
OF the Currency James H. Eckels was the
guest of honor at a banquet given this
evening at the Brown Palace Hotel by the
Denver Clearinghouse Association. Over
100 distinguished citizens OF Colorado,
bankers, statesmen and others, whose
names are associated with the upbuilding
OF this city and the State, were present.
Comptroller Eckels made an atter-din
ner speech, to which close attention was
paid 6y his hearers, ana at its close he was
warmly applauded. Mr.. Eckels began by
emphasizing the fact tha: citizens OF all
parts of the country are actuated by the
same spirit, desire for the good OF the
whole country and that no matter how
fierce the light between partsans may be
waged there Is no danger OF its weaken
ing the foundations OF the republic.
After pleading for tinuation OF the
feeling OF mutual confidence SO long
maintained between the East and the
West he said:
1t will not do for the Eas TO boast of its pos
session of the surplus capital of the country
which has come with age and thrift and OPP
portunities, or the West to point with over
weening pride to its stupendous resources and
its wonderful advancement The wealth OF the
one but continues 10 dlmlnlsh II not employed,
the other is of no avail ii not developed. The
advancement OF both follows the same path
way and centers in the same interests. 1haYe
tonight no plea TO make for the country's ac-
cumuated capital upon the one hand, nor for
its undeveioped ricnes on the other, except
the plea that at a time when we are entering
upon an era OF better times they may be
brought nearer together and not driven wider
apart II is Il plea consOnant with tue die
taIes of business judgment and accords with
commou-sense. 1t is a protest that may well
be uttered by citizens every Where, no matter
what the measure OF their Interests or the
financial tenets to which they bear allegi ance.
lam not unmindful of the fact that large
m jority Of the citizens OF this State feel that
they have in the economy of commerce been
sorely jured in one OF their great wealth
producing Industries. II such a result has
followed they have not been lett wholly with
out compensating benefits nor have they SUI
fered more keenly than at various times in
the Country'S history have others who nave
EN- barked IN other lines OF undertaking. The
law OF the CONNER cial world through all its
history is proved to be q law OF continuous
change. More than once New England and
the East have been compelled to yield to other
sectious OF the country great industries which
their people had hoped to build up for the fu-
ture. And in the years to come doubt not
but that other and greater changes viii come
upon them. 1t is not without the range OF
posi- billties that the Carolinas may draw from
Massachusetts, the cotton mill, ana the States
OF Tenn essee and Colorado from Pennsylvania
the steel and iron industries. But II they do
following the line of economic truth, some
new development will be fostered which will
more than make adequate reparation for q
seeming irrepara bic loss.
II the citizen OF Colorado has suffered de-
spite that fact he can boast of territory more
nearly possessed OF all the things essential TO
the upport of people than any State within
the borders of the Union, The fields OF fruit
and grain to which he may well point with
pride here yield to the husbandman upon the
plain, the produce for the laborer upon the
mountain, while on a thousand hills are
grazing innumerable cattle and sheep. Her
gold will soon be greater in value than that of
any sister State. To-day within the narrow
confines of a single camp, and that OF recent
finding, is mined more Than one-twentieth of
the annual gold product of the world one
fifth of that found within the United States.
With no less prodigality iron, copper, silver,
lead coal, anthracite and bltuminous, and
petroleum have here found lodgment, guar
anteeing beyond peradventure OF a doubt
gre0 ter riches TO her people.
Mr.. Eckels closed with 4 prophecy that
the country is now entering upo.! an era
of renewed prosperity N which East