The sun. [volume] (New York [N.Y.]) 1833-1916, 1897-07-28
SPEAKS IN BOSTON.
rHU sEoRRrARYTAEKs or THB QUIZ
LOOK TO BUsINBSs lrEN.

TntleH, hut says Ihoro - btenty OF Tt0o 70
Considsr the financial a~aestien-Pieassa
mat the TariH h 0ut ef the WAY.
BOSTON,, July ga company Of about $50
leading business mon Of Massachusetts, re-
rardless of party affiliations, entertained the
Hon. LymanJ. Gage, Secretary Of the Troas-
ury, at a dinner at the Tuilorios this afternoon.
1t was expected that Mr.. Cages speech would
bo of great Importance 80 defining the financial
policy Of the Administration, or at least out
lining IL TO some extent. But In this his hear
ors wore disappointed, for the Secretary re- |
marks were confined almost entirely TO gen-
~cralitiea. Mr.. Cage quoted from the Proa-
dents message 70 Congress In thu olosing hours
Of the last session, and deplorod the failure Of
the Senate to pass upon the measure appointing
a commission 10 consider our financial prob
lens. He spoke of tho popular demand for TO
form In tho currency, but did not prescribe
any romedy. Ho said thero was no pressing
need for haste in settling tho financial question
and NO immo dtaso oooasion to worry.
Congressman w. r. Lowering presided as tho
banquet. Tho Hon. I. Jefferson Coolidge made
tho address Of welcome. Gov. Wolcott spoke
for the State and Mayor Quincy for tho city.
Other speakers wore II. L Higginson, William
A. Russell, ]. r. Leeson, W. B. Roo. Moses
Williams, and Charles s. Hamlin. Tho burden
ofsthe speeches was one Of rejoicing that proc
pority was at hand because the tariff question
had bean settled, with incidental e-xprosSons
of hone that something would DO done to
better our financial system under the Admints-
tration. Mr.. Gage said:
ITO every American youth. wherever born,
n educated even In the rudest of our common
schools, Boston becomes tho shrine of patriotic
devotion. My own earliest Impressions. were
associated with tho celebrated tea party and
tho baltic of Bunker Hill, and my heart still
boats in quicker rhythm as / think or read Of the
'WRihp When I cnomber however t%S nth that q certain Den Gen:
eral bearing my family name was on the Eng
%noxious TO Boston people, and gesterod the boys
for ooasting down beacon Hill; / wonder III
hsgS sHs Jus, svs s9' a or S siaim IN uS Sl your SUu El2Ss dSpi.
tHlii IL. wo cannot 1.-Two on tho history of tho
ments. but equally influential i may b upon
fraught with it's own interests. Opposing forces
met in November last and contcnded bitterly
S While 'h me % issSs w yasH pending nd se1 the prof SaSSsie arts
OF ihn S1sn;1, came Ss., 10 1ef ~ ia = s 1SrSaMa., , TrSse
and and i fo% a Sressh Gss,'n Suspense 90 seo t hSss0W who n eouidi
for It's REORGANIZATION, That issue e now do
lar will. has recorded its imperative voice for
honest money and for liberty Iegulated by Law.
"we have passed through n wearisome storm.
today II the skies are fair. the breeze Of prosperity
brings comfort and restoration. Shall We not
BE sodRi sF% Ss ts fod 81 5sss 1 saS fso os. L ~ no. S SS ln Thss
further disaster In the future. The final an
swer, however; must st depend p Tpon The The ur g;
trative branch of the Government will not sleep
nor rest Inactive. Its influence has been and
snide ee eU Of P this fecs i Is frsss Ia, at hand in al the mes:
sage just now submitted to Congress by the
"But the administration cannot mako laws.
It can only execute them after they are made
tSouehtfui attention Is to 30 sivsn Il You desire
financial reform. Your Senators and Repre-
;saisaSss sss not ses sGe:et SSs ish sSs1 Sast s. ,' IN
fSn1 Sau a dsm s%nl'A wy h bs%.n fnde 81 s . aalic Il ].
s BEING ai aeerava esS't BY the &c fact seasi that att isnorsaes
prejudice and passion enter In TO ocmPdeat;
ties which popular government must pay In re
turn for its multifarious and eminent 6enefts
With these df SnL we can nevertheless
With 1t TR Rss TsaSSn nns Sst ns q the President for
sested a way By which . body Of wef.trsincs
and thepshtfui men eou da DO pro provided sIsa, to Icon con
rency and banking reforms It ct the same tim,
opened a forum to which could DO HdIittes
moral advantages may be added the reasonable
C4pCStdkioh thnt Il wouN. he
ZION. and finally to formulate wise recommends
winter. That the bill which passed the Hous
Senate may DO a matter OF regret, but not on
for encouragement.
o commission may be achieved without one
Nor ought we to speak OF think unkindly Of
body which has so assiduouSly toiled IN III
IN eh intsTest si as is amy tarlf, g Sot,' The s two 0 SSS'
esmpa Seao we're III The c tsrPm and n thu sss eu lnss SSn'otS On
Of them is already settled. Whatever the merit
e ficui GsI issms. # IL h tne become 9sM I The iaW Of = the &c lana an!
The revenues derived from 1t win. after a poss
sln@ S5ist i snesndiE%Fe:! be ana ample II tho 1877 ID RfG aoSo GG,
be true that the revenue OF the state Is %
s fss s;, we may say EissGut e1Ase'rati0n tina
c~essfully covered this one Important issue, ma
other. On the financial side there IL really n
pressing need for haste. There is certainly 2
reserves in the public treasury; with nnancii
centres in q full supply Of loanable funds; wit
i moss p1on 1Rsnsins AND iG q good s' ms SiCR l GTHsRsSsii
assured; with new mineral resources comm
into yisw with with a nd teT5Itta1rtSl m AREA t sS5,si emit
piled; nth a people adysneinS In The els%SnpI
many wounds to be cured, excited passions I
be Gained, and many misundsrstandings to b
composed. Within the limits OF half n hfetin
Industrial methods and processes have been re
olutionized. combinations In labor. in trade.
manufactures have superseded to a degree Il
former processes Of individual movement. It
philosophical to believe that they are oil evol
uonary, tending to a final aud q higher goneri
good, but In their immediate effects they pr
duce incidental injury in many directions. Pc
ceiving the injury, the hurt cry out, and cam,
be persuaded that any good can como out Of
great an evil. Time will do much to restor
and the natural laws, everywhere ~operatin
will bring in at last their compensation.
I'm the mean time our statute lawmake
must learn-not, to reprcss the operation of
natural law which Is supreme over mamma.
laws-but they must learn TO Justly check al
punish those who, ~graspinR the new elements
power, pervert Thorn into agencies Of injusti
and oppression. The problems OF . democrat
society rapidly, developing in all directions o
many and troublesome. They must be met wi
patience. We must not lose faith nor abate
courage. With malice toward none, wi
charity for ALL each unit In the mighty orgs