The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1897-06-02
GAGE SPEAKS.
Secretary of the Treasury Has Con-
ndence In the Future.

secretary of the Treasury Has Com
ndence In the Future.
Cincinnati. May e9.-The browning
event of the visit of the commercial
clubs was the banquet Friday night at
the Clifton mansion OF Alexander Nc
Donald, who was host for the Cincin-
matt club. The dinner was most be-
fitting the dignity of such clubs. Luz
Glen Wulsin. president of the Cincinnati
club, opened the speaking with an adj
dress of welcome. The first response
was by Jerome Jones. president of the
Boston club. He was followed by Presi-
dents Glessner. of the Chicago club, and
West. of the ST. Louis club.
Secretary Gage was vociferously APP
plauded as he rose TO speak. He said
in beginning his remarks that before
coming he had called on the president
and asked permission to say for the
administration that there must be
proper revenue raised and there must
be sound system of currency estab-
lished. The president said: That is
exactly what want you to say" Sec
rotary Gage said in part:
"As I listen to the words passing from
lip to lip of the members of the CONNER
cial clubs gathered here. I discover two
particular themes which have a first place
IN the thoughts of all. These two themes
are the tariff and the public finances Upon
the settlement of these two questions en-
terprise waits and industry languishes
Over fifty times have been asked: When
will the tariff discussion end and the
measure proposed receive the final vote
which will formulate the measure into
law?' Over fifty times more have been
asked: Have the financial reforms. for
which the people struggled In November
last, been forgottenT Now. it is not to be
wondered at that you who have so long
borne the burden OF anxiety and fear, who
have so long waited and watched for the
restoration of conditions upon which some
secure estimate of tomorrow can be made,
should grow nervous and impatient over
every act, or word. which seems to suggest
doubt or delay in the establishment of
such conditions.
IT have thought that on this occa aston I
could do no better service than to give you
needed reinsurance and hope. As to the
great fabric now before congress, known
as the tariff bill. have nothing to say In
detail / want to bear testimony, however.
to the zeal and good faith of those in both
houses who have that measure in charge.
They are fully conscious of their great re-
sponsibilities, and are working faithfully
to discharge them. Nor do think that the
opponents of these measures are likely to
oppose with willful and unjust obstruc-
tons the course of legislation Protest,
there will be more or less: fencing for posi-
ton must be expected, but having now
come into contact with many of the repre-
sentatives of the people in both houses OF
congress, I deem it my duty to bear wit
ness, so far as it may have value, to the
honorable and patriotic motives that in
spire the minds of the great majority.
whether upon one side of the house or the
other. and prophesy an early result in the
national councils to which this great COM
mercial question is now committed.
las to the financial question to which ]
have already referred. + want to content
myself with few words. / am glad that
they may be words Of assurance. If any
of you harbor the suspicion that the ad-
ministration, but just now installed into
the responsibilities of high Office, has for
gotten, or is likely to forget, the mandate
of the people, whose voice in behalf of
honest money and sound finances rang out
loud and clear in November last, put that
suspicion aside. 1t is unjust and unbound
ed. In good time and in proper order the
affirmative evidences OF my declaration
will appear. In the meantime, my friends,
do your part to help those charged with
legislative and administrative duties. Do
not let the inertia engendered by fear and
distrust creep over you.
I'VE have been passing through a period
of great trial, and nobly have we endured
the strain. The future is not dark with
forebodings. 1t is Illuminated with ra-
tional hope. The revival of industry is
near, and with the establishment of a rev.
enue law sufficient to bring into the treas
ury an amount adequate TO meet the rea-
sonable 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 for
ward movement along the lines Of material
advancement and social progress, which
we may humbly trust is in the benevolent
mind Of God to bestow upon the American
people"
Mr. Elihu Thompson, of Boston, I'M
dertook the severe task of talking after
dinner on scientific subject - the
recent advance in electrical science.
An address by Franklin MacVeagh, of
Chicago, was followed by number of
impromptu speeches. The banquet
closed at midnight. when the special
trains were in waiting to carry the
guests to Boston, Chicago and st. Louis.
The Queens Birthday.