Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1897-01-08

we nave very much for which to be truly
thankful. Our people have been and are
To-Day signally blest with peace. plenty,
and general health and happiness. Dur
ing the past year the products of our
farms have been the most fruitful ever
KNOWN. The skies are already brighten
ing in our State and nation with the
promise Of greater coming industrial pros
perity. The clouds of depression and dis
trust. that have to great extent injured
and paralyzed our INDUSTRIES are we
hope, fast melting away, and we even
now perceive evidences of the daWning of
the day when we shall reap and enjoy
the beneficial effects. resulting from the
recent verdict Of the American people in
favor Of sound currency, protection and
good government. Certainly we have
escaped all immediate danger of partial
reputation of our public and private in
debtedness and practical confiscation of
the assets of the Industrious and saving.
1 have an abiding faith that with con-
fidence restored, prosperity and enter
prise will ere long once more return to
rule and bless bur land.
Maine during the past four years has
had steady, though not rapid growth,
and has been moving onward in the right
direction, building railroads. and develop
ing some of our vast resources, and be-
lieve that l may confidently predict that
AhC &iHuSuldtc lids Ill store LOT us
much better and greater progress than
We have ever before realized or enjoyed
Our young men have. very generally
ceased to emigrate to the far West as
soon as they are old enough to commence
life for themselves. They are beginning
to learn and realize the important truth
that at home are to be found more GER
tain inducements and advantages, with
much less of hardship suffering and pri-
walton.
Our people have learned. in the stern
school of experience to their sorrow and
cost, that a large part of the many mil
lions of money that have been sent west
ward to enrich and build up that section
and to be invested in all sorts of wild and
visionary schemes, will never be returned
to them again: and they will no longer
permit themselves to be deuded and de-
ceived by specious pretences and false
promises rarely ever to be realized. We
may therefore reasonably hope that their
savings, hereafter, will be largely en-
ployed in more fully developing the re-
sources of our own State.
1t Is sad to contemplate what vast
strides we might have made in material
prosperity wealth. and population, If the
large sums that have been sent abroad
and lost, had been kept at home and care
fully invested in legitimate enterprises
here. For there were. and are, ample op-
portunitieS to use this money in Maine
Factories and mills might now be using
our magnificent water powers which are
running to waste.
To check this tendency. and to induce
our savings banks to invest more largely
In Maine. the Legislature of 1893 enacted
a faw.-which action | cheerfully and
gladly upported.-providing for a lighter
tax on home investments thereafter made
At the time of its passage | believed the
discrimination to Be good poicy-but too
small. l am more firmly convinced of it
now then was then.
The promise of large interests or profits
is easily and often made by those who
can only repay either principal or interest
in case some deal or utopian scheme shall
succeed. and yet these fattering assur-
ances have TOO often found confding in
dfviduals and institutions who have been
induced to place faith in them. 1858
We can with confidence call the atten-
ton Of capital everywhere to the bright
prospects and many undeveloped re-
sources of onr State, and to the certainty
that all Investors and Investments will
not4suffer from unfriendly legislation, and
will be fairly and equitably treated and
protected by equal just. and wise laws H
We point with Just pride and gratifica-
tion to our State. to its position. past and
present. in the councils of the nation. We
have a. good, soil. healthy and invigor-
rating climate, an unrivaled seacoast, ex-
cellent harbofs, splendid scenery, beautf-
full lakes and rivers, extensive and mag
nifieent forests. and a general diffusion of
education and knowledge free to Al H. = In
none is the standard of excellence and in
tellfgehee higher efii'il' nS' 'sA'iets go
Every PERSON Within OUR borders enjoys
fully the blessings Of personal liberty and
individual security. a. a''es'
Our many miles Of seacoast, with its
cool brscing asr in midsummer, dotted
or with comfortable and often elegant
summer cottages and hotels .intlented
with numerous harbors. bays. and inlets.
presents'to the summer tourist or resident
unrivaled advantages and Attractions
Our vast forests abound with moose.
deer. caribou. and other game Our
streams. lakes. rivers and bays, well
stocked with many varieties Of fish. offer
10 spcrtsmen uriequaled attractions, and
bring. with each recurring year. large and
steadily increasing numbers, of people.
whose sojoiirn here is pleasant. healtflful
and beneficial to themselves and .profts
able to many of our own citizens. 4 SIS .
Certainly n, would seem that we have
ample Inducements 70 retain our owf, peo-
pie. and 70 draw those TO us from other
lands who are desirable and worthy 10
enjoy these advantages with us.