The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-05-29
REVENUE LAW
ALONE IS NEEDED
ALL PAST LOSSES WILL SOON BE
REPAIRED.
Inauguration of a New Forward
Movement Along the Lines of
Material and Social Progress Can
not Be Much Longer Delayed
Administration viii Garry It Out,
But It Will Take Time.

Cincinnati. May 2S.-The programme
of the closing days of the union meet
ing of the commercial clubs of Boston,
Chicago. st. Louis and Cincinnati was
interrupted some by Indictment wealth
er. Still the electric cars started early
for the Kentucky highlands with over
200 prominent business men aboard
for the outing. At noon luncheon was
served at the clubhouse on Latonia
race track. With the exception of the
evening banquet the entertainments of
the day were all on the Kentucky side
Of the river.
The GROWING event was the banquet
at the Clifton mansion of Alexander
Mcdonald, who was host for the Gin
cinnati club.
rhe brief speech of Lyman ]. Gage,
secretary of the treasury. was perhaps
the feature of the banquet. He was
vigorously applauded when he Arrest
TO speak. Secretary Gage prefaced his
remarks with the statement that be-
fore coming he called upon the presi-
dent and asked permission to say for
the administration that there must be
proper revenue raised. and that there
must be a sound system of currency
established. The president. ne said,
replied: THAT is exactly what I want
YOU 20 say
Continuing, the secretary remarked
that ne had discovered that TWO par
ticular themes held first place in the
thoughts of all business men. These
were the tariff and the public finances
He then said in part:
Upon the settlement of these two
questions enterprise waits and indus
try languishes. and 1 have thought
that on this occasion ! could do n
better service than 10 give you assur-
ance and hope. AS to the great fab
ric now before congress. known as the
tariff bill, | have nothing TO say.
want to bear testimony, however, tc
the good faith of those in boch houses
who have that measure in charge.
They are fully conscious of their re-
sponsibility, and are working faithfully
to discharge 1t. Nor do l think our
opponents of these measures are likely
to oppose with wilful and unjust 90
Structions the course of legislation.
Protest there viii be; more or less
fencing for position must be expected.
but having now come into contact with
many of the representatives of the peo-
pie in both houses of congress. 1 deem
il my duty TO bear witness, so far as
1t may have value. to the honorable
and patriotic motives that inzDire the
upon one side of the house or the 9th
er, and 1 prophesy an early result in
the national councils to which this
great question is now committed.
make these remarks, not to defend q
body for which I hold no commission
to speak, but to correct in one direc-
ton, il / may, the operation of an in
furious sentiment sentiment which
is sowing its seeds in many directions
&c di--id ol ~
and breeding hatred. The one Word
for that is 'distrust. Faith and cour-
age lead to conquest and victory. Dis
trust paralyZes and DESTROYS.
AS to the financial question to
which / have already referred, I must
content myself with few words. ] am
glad that they may be words of as
surance. If any of you harbor the sus-
picion that the administration but just
now installed into the responsibilities
of high office has forgotten. or is likely
to forget, the mandate of the people,
whose vote in behalf of honest money
and sound finances rang out loud and
clear in November last, put that sus-
picion aside. 1t was unjust and I'M
founded. In good time and in proper
order, the affirmative evidences of my
time, my friends, do your part TO help
those charged with legislative and adj
duties. Do not let
the inertia engendered by fear
and distrust creep over you. We
have been passing through a per
iod of great trial, and nobly
we have endured the strain The
future is not dark with forebodings, it
is illumined with rational hope The
revival of industry is near, and with
the establishment of a levenue law
sufficient to bring into the treasury ~
adequate to meet the reason
able needs of our government, and with
the establishment of our finances on a
sound and enduring basis, nothing now
foreseen can delay the recovery of past
losses and the Inauguration of a new
movement along the lines of
material advancement and social prog
ress, which we may humbly trust is In
the benevolent mind of God to bestow
upon the American people"
Among the other speakers were
Franklin McVeagh, of Chicago; Lucian
Wolsein. president of the Cincinnati
club; Jerome Jones, president of the
Boston club; Mr.. West, president of
the st. Louis club; Elihu Thompson, of
Boston, and John G. Glessner, president
Of the Chicago club.
At midnight special trains were in
waiting to convey the guests to Boston,
Chicago and st. Louis