The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-09-24
THE NATIONS KINDRED INrEnEs rs
Controller EckcIs Addresses the
Business Men of Denver.


Denver, Coll Sept. 23.-Controller of the
Currency James H. Ecl1els was the guest
Of honor at banquet given
this evening at the Brown
Palace hotel by the Denver Clear
ing House Association. One hundred dis
tngulshed citizens of Colorado, bankers,
state senator's and others whose names
are associated with the upbuilding Of the
city and the state were present. Con-
troller Eckels made an after dinner
speech, to which close attention was paid
by his auditors, ana at its close he was
warmly applauded.
After pleading for continuation Of the
feeling of mutual confidence, so long
maintained between the east and the
west Mr.. Gckels said:
ut will not do for the east to boast of
its possession of the surplus capital OF
the country, which has come with age and
thrift aud opportunities or the west TO
point with oVerweenng pride to its stu
pendous resources and its wonderful adj
vancement. The wealth of the one but
continues to diminish if not employed, and
that of the other Is of no avail If not de-
Veloped. The advancement of both fol-
lows the same pathway, and centers in
the same interests. / have tonight no
plea to make for the country's accumu-
lated capital upon the one hand nor for
its undeveloped riches on the other. eX-
cept the plea that at a time when we are
entering upon an era of better things they
may be brought nearer together and not
driven wider apart. 1t Is a plea consOnant
with the dictates of business judgment
and accords with the common sense. 1t
Is a protest that may well be uttered by
citizens everywhere no matter what the
mo f,f hot int ta Of "a
tenets TO which they bear allegiance.
II am not unmindfu of the fact that
large majority OF the citizens of the state
feel that they have, in the economy Of
commerce, been sorey injured in one of
their great wealth-producng industries
IL such result has followed they have
not been left wholly without compensat-
ing benefits, nor have they suffered more
keenly than at various times in the coun-
try's history have others who have em-
barked in other lines of undertaking. The
law of the commercial world, through all
its history, has proven to be law Of con-
tinual change. More than once New Eng
land and the east have been compelled to
yield to other sections of the country for
the industries which their people had hop
ed to build for the future, and in the years
to come, 1 doubt not but that other and
greater changes will come upon them IT
| is not without the range OF possibility that
! tne Oaroiiuds may urdW lFoul Mdssdchu-
setts the cotton mill, and the states of
| Tennessee and Colorado from Pennsylva-
| MIA the iron and steel industries. But II
| they do, following the line of economic
| truth some new development will be fos-
tered which viii more than made adequate
| reparation for a seeming irreparable loss
| IF the citizen of Colorado has suffered
| he suffers despite the fact that he can
| boast territory more nearly possessed
| of all the things essential to the support
of a people than any state within the
| borders Of the union"
Mr.. EclCels closed with a prophesy That
| the country is now entering upon an era
of renewed prosperity, in which east, west,
| north and south win alike participate.