The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1897-09-29

Inat E@Nehso W
NEUTRALITY-SUSPICIOUS. Things That should
Not Cause People to Boast Wealth and
Resources Dependent on Each Other
Denver, Sept. 24.-Comptroller Of the
Currency James ii. Eckels was the
guest Of honor at the banquet given
last evening at the Brown Palace hotel
by the Denver Clearing House associa-
ton One hundred distinguished citizens
OF Colorado-bankers state senators and
others whose names are associated with
the upbuildng Of this city and state,
were present Comptroller Eckels made
an after-dinner speech to which close
attention was paid by his auditors, and
at its close he was warmly applauded.
Ecl1les began by emphasizing the fact
that citizens Of all parts OF the country
are actuated by the same spirit-a de-
sire for the good Of the whole country
and that no matter how fierce the fight
between partisans might be waged there
is no danger of its weakening the foun-
datiOn Of the republic. After pleading
for a continuation of the feeling Of mu-
tual confidence 50 long maintained be-
tween the east and the west. he said:
sections Had Better Not Boast.
1T 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 and opportunities or the west
TO point with oVerweening pride to its
stupendous resources and its wonderful
advancement The wealth Of the one
but continues to diminish if not en-
ployed, and that of the other is Of no
avail if not developed The advance Of
both follows the same pathway and cen
ters in the same interests. l have tonight
no plea 10 make for the cOuntry's accu-
mulated capital upon the one hand, nor
for it's undeveloped riches on the other
except 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. II is a plea
consonant with the dictates Of business
judgment and acCOrds with the common
sense. IT is a protest that may well be
uttered by citizens everywhere, no mat
ter what the measure Of their interests
or the financial tenets to which they
bear allegiance.
Makes an Allusion To silver.
II am not unmindful OF the fact that
a large majority of the citizens Of this
state feel that they have, in the econ
omy Of the commerce. been sorely in
jured i'm ere Of their great wealth-pro-
sducing industries If such result has
followed they have not been left wholly
without compensating benefits nor have
they suffered more keenly than at vari-
Gus times in the countrys history have
others who have embarked in other lires
Of undertaking. The law Of the COM
mercial world through all it's history. is
proven 20 be law Of continual change
More than once New England and the
east have been compelled to yield to 9TH
er sections of the country great indus
tries which their people had hoped to
build upon for the future. and in the
years to come I doubt not but that other
and greater changes will come upon
them.
within the Range of Possibility.
ut is not without the range Of posi-
bility that the Carolinas may draw from
Massachusetts the cotton mill and the
states of Tennessee and Colorado from
Pennsylvania the steel and iron indus
tries. But If they do following the line
Of economic truth some new develop
ment will be fostered which will more
than make adequate reparation for a
seeming irreparable loss II the citizen
OF Colorado has suffered despite the fact.
he can boast a territory more nearly
possessed 81 all the things essentialto the
support Of people than any state with
in the borders Of the Union"
Eckels closed with a prophecy that the
country is now entering upon an era Of
renewed prosperity i'm which east. west,
north and south will alike participate