The daily morning journal and courier., 1897-07-28
CAGES OPTIMISTIC WORDS
HIS TALK iN BOSTON ON THE PRES-
 ENT AND FUTURE.


 of Both Parties Present-NIayor Quincy,
 Hon. Charles s. Hamiin, William A. Rus
 seil and Congressman Lowering Speak.
 Boston, July 27-A dinner notable for the personnel of those who enjoyed it, was tendered Hon. Lyman J. Gage, secretary of the treasury at The Tuil- leries on Commonwealth avenue this afternoon. The business men of Bos- ton were sponsors for the occasion and the defined object was to hear MT. Gage on finances Money was talked almost exclusively and a number of gold demo- crats were among those who contrib uted to the symposium. MT. Cages re- ception was very enthusiastic one and his address was keenly listened to. The tariff as a factor, and the passage of the tariff bill were chiefly touched upon as incideptal to what was called the greatest problem now confronting the country.
 Secretary Gage held a reception prior to the banquet. When finally this lat ter incident had been disposed of, Con- gressman William c. Lowering of Mas sachusetts, presided, briefly stating why Boston business men felt so keen an interest in financial affairs.
 Secretary Gage was then introduced.
 After referring to historic struggles of former times, Secretary Gage said: Opposing forces met in November last and contended bitterly over the most vital of economic questions. The bal lot, magic exponent of the popular will, recorded It's voice for honest money and for liberty regulated by law. It now remains to be seen whether from that decision there Is to be any successful appeal. It Is this that gives interest. anxious interest, to the prospective ac- ton of those who, clothed with legis- lative and executive functions, have 1t 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 6le possible doubts involved in this question men of enterprise still hesitate and the columns of industry march slowly with ranks not yet com pletely filled. Is there room for doubt on so plain a proposition? There ought to be none There would be none ex- cept for the working of that principle of human nature which coaxes us to ease after effort-which induces us to contemplate rather than act We have passed through a wearisome storm The loss and cost of 1t has been enor- h,,+ 4t. the breeze of prosperity brings comfort and restoration.
 The administrative branch of the gov- ernment has been and will be for prompt and judicious action. The evil dence of this fact is fresh at hand in the message just now submitted to con- gress by the president.
 Nothing was settled more clearly at the late national election than the de- termination upon the part of the peo- pie to keep their currency stable in value and equal to that of the most advanced nations of the world
 But the administration cannot make laws. It can only execute them after they are made. It is then to the legis- lative body that your thoughtful atten- tion is to be given, if you desire finan- cial reform. Your senators and repre- sentatives will not consciously antag- onize your we'll considered desires, but they must be informed and constantly reminded of what 1t is that you de- mand
 And now what is 1t tbat ought to be done to give security and protection to the future? To this there are many answers and to every answer many objectors. The recommendation of the president for 0 commission was admir- able In this, that 1t suggested a way by which body of well-trained and thoughtful men could be provided to consider, at leisure without distraction from other pressing themes, the im- portant subject of currency and bank ing reforms. It, at the same time, opened forum to which could be ad- mitted every contributive suggestion from all classes and conditions of men. And if there is anything dear to an American heart it is the privilege of having his say. To these incidental moral advantages may be added the reasonable expectation that the com mission would have been able to gather in most valuable information and fin- ally to formulate wise recommenda- tions worthy of early and favorable consideration by congress at the regu- lar session next winter. That the bill which passed the house with prompt ness failed of recognition in the senate may be a matter of regret, but not one for Encouragement. What might have been accomplished through a commits sion may be achieved without one. Nor ought we to speak or think un- kindly of a body which has so assidu- ously toiled in the work of new body of law, concerning a matter so charged with conflicting opinions and opposing interests as is any tariff act, The two questions before the country in the last political campaign were the tariff and the currency One of them Is already settled, Whatever the merits or de- merits of the new measure in it's par ticuIar items, 1t has become the law of the land. The revenues derived from fl will after a possible brief interreg- mum, be ample for proper government espenditures; ndifthe old aphorism be true that the revenue of the state is the state" we may say without exag- geration that the state is re-estab- | lished.
 We have also reached point where with absolute data furnished, commerce and manufacture can make correct es. inmates and go upon their respective