The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-09-24
Two Sides to Silver Question.
Eckels Speaks to the Bankers
of Colorado on Sound
Finance.

DENVER, Col, Sept. 23.-Comptroller
Eckels was the guest of honor at g,
banquet this evening at the Brown
Palace hotel given by the Denver
Clearing House association. One hum
dred distinguished citizens of Colorado,
bankers, state senators and othe1s
whose names are associated with the
building of this city and state, were
present. Comptroller Eckels made an
after-dinner speech, to which close at
tention was paid by his auditors, and,
at its close, he was warmly applauded.
Mr.. Eckels began by emphasizing the
fact that the citizens of all parts of
the country are actuated by the same
spirit-a desire for the good of the
whole country, and that, no matter
how fierce the fight between partisaES
might be, there is no danger of it's
weakening the foundation of the re-
public. After pleading for continua-
ton of the feeling of mutual conf
dence so long maintained between the
East and the West, he said:
1t will not do for the East to boast OF
its possessions of the surplus capital Of the
country, which has come with grand thrift
and opportunities, or the West to point, with
overweening pride, to it's stupendous re-
sources and its wonderful advancement. The
wealth of the but continues to diminish
If not employed and that of the other is
of no ava if not developed. The advancement
of both follows the same pathway and centers
in the same interests l have tonight no plea
to make for the countrys accumulated capital
upon the one hand nor for its undeveioped
riches on the other, except the plea that at
q time when We are entering upon an era OF
better things, they may be brought nearer
together and not driven wider apart. 1t Is
plea consistent with the dictates OF business
judgment and accords with the common sense
1t is a protest that may we'll be uttered by
citizens everywhere, no matter what the
measure of their interests or the financial
tenets to which they bear allegiance.
1 am not unmindful of the fact that
large majority of the citizens of this state
feel that they have in the economy of the
commerce been sorely injured in one of their
great wealth-producing industries. If such
a result has followed they have not been lett
wholly without compensating benefits nor have
times in the country's history have others
who have embarked in other lines of under
taking. The law of the commercial world
through all i history orp Is pr9xen fsI onee TO Ps S
England and the East have been compelled
to yield to other sections of the country great
industries which their people had hoped to
build upon for the future and in the years
to come. | doubt not but that other and
greater changes will come upon them: 1t is
not without the range of possibility that the
Cdr0l1naS may draw from AaSSdcHuSeelo llS
cotton mill and the states of Tennessee and
Colorado from Pennsylvania the steel and
iron industries. But if they do, following the
line of economic truth, some development
will be fostered which will more than make
adequate reparation for seeming lrreparaple
loss
If the citizen of Colorado has suffered, de
spite the fact he can boast territory, more
nearly possessed of all the things and sent
to the support of people than any state
within the borders of the union.
Nr. Eckels closed with prophecy that the
country is now entering upon an era OF re-
newed prosperity in which East, West, North
and South will alike participate.