The indicator., 1897-01-16

iial from Colorado 10 that state
Labor and capital must 81 necessity ,'n "n
rule should never he nhrugatcd. Injustice
| Will bring disaster to both. Their interests
| are mutual and each must have itS lusl re-
| ward. When friction comes Into TINS part,
ner'hp of labor aud capital. each should
manifest q spirit of liberation. comprnmls,,
and concllntion. In the furihcrancee on
these views, and as II bridge that may sphn
any probable contention between workmen
| and employer ! would recommend that
board OF arbitration he created,
While under our constitution you cannot
compel party to enter Into 9rhltratiinm,
| tary appeal can Ice made for adjustment OF
differences,
Expericncc in other states proves that.
very large per cent, of differences 9re Gladly
| submitted by both parties for adjudication
and settlement. y year and hall ago llll,
nois adopted nm arbitration law. The report
! OF It's operation for the first six months
shows forty disputes adjusted, only one nt
which came before board session, the
others being settled through the mediation
OF members of the board who visited the
! By the efforts 81 local board of arbllra.
tpn the pattrry trad" OF Great Britain has
had no strike In thirty years.
| Given an honest bunri and spirit of fair
ness aud patience, there can he no qmes'
! tlon of the result II Will not he long before
| every state will have such q honrh, and the
natural Inherent sense Of justice In every
| man, backed and encouraged by vigorous.
| healthy public opinion. viii send every labor
| and industrial contention to these tribunals
| for adjustment. To l,e effective. arbitration
must be prompt and cheap; the delay and
cost of obmlning justice often leads 10
strikes and violence. which wOuld be Pre-
vented by tn" assurance Of speedy and In
! expensive mediation. To men arbitration
/ promises higher conception of Justice and
| brotherhood md 10 nntinns the dawn Of that
| perfect day when all states will unite "in
| the parliament of man. the federation OF
! upon the eve of realization Is whitticr's
! prophecy Of arhitraiion between Great BRIT
ain and the United States;
u
| Till meet beneath salutng flags,
The lion Of our mother land,
The eagle Of our native crag7.
II nations with their conflicting interests
of commerce and ambition, can meet upon
the Christian ground Of arbitration, Ger;
| tnlnly capital and labor, whose hopes and
/ dostlnies are SO closely woven nnd allied,
should manifest an equal spirit Of fairness
| and concilation.
Co'oralo'- Militia.
| Colorado is Justly proud of its militia
which is surpassed In efficiency and charac-
/ ter by no militia in the United States' vet,
| in looking over the pay roll of the fend1ille
| expedition there arises the question MS TO
whether there is not surplus Of officers.
her To- isDG. S2S .0G7 %: paid enlisted men
during same period 37o5S.34.
Our military pyramid seems to be stand
ing on Its apcS-a little ton-hcnvy do
| fault finding. as |, with every citizen Of the
| state. appreciate fully the sacrifice and pa
trlotismn Of III" Young men who have made
| Colorado. ! simply mention the apparent
disproporinn between the cost of men and
! officers IN the hope that those In charge Of
| our military organization aud legislation
might devise some change. either by consol.
| idntIou Of ra,imeutg or otherwise whereby
| the cost of commanding might be reduced
without crippllug the effectiveness of the
service, A. the same time, the pay of pri-
| Yates should he increased. Thirteen dollars
per month while in active service is poor
/ compensation. when we consider the high
| character Of the young men who compose
personal and business interests when they
| obey the call Of the state.
Bank Examinations
| repeat the suggestion of Governor Nc.
| lutirc that you create tho office of bank
amner and that every individual or corpo-
ration doing a banking business must, upon
call at least four times year, make n full
report to the state treasurer This would he
no Intrusion upon private affairs. for when
any concern Invites the deposits of the peO-
pie II becomes n public institution and the
| state has no higher duty than to place every
barrier Of protection around the savings and
| earnings Of Its citizens No strong, solvent
| hnnk should object to an exhibit of its con
! difion.
Hack Of us there lie four years of disaster.
| and though lined with the wrecks Of broken
fortunes they viii prove but school of
| training and strength for the years Of ma
| torial and intellectual dominion that lie he,
| fore us.
II in the past ynu may read the future
and proud ns her most loyal son can desire.
In the history Of American common,
| wcnlths. not one can point to such record
| Of growth as marks the twenty years Of our
state life, II has been rich In material con
/ quest rich In manhood rich In all of those
elements that make civilization,
| Contrast the state Of 1876 with that of
| 1906; it Will make clear the marvellous
| growth Of which most of you have been
| part.
In 1876 there were y los children of school
| age. Now there are f2j. 800.
uA4pNsp1 81 la ,,us
! St3, 3,I53,9iG Now II is five times that
amount The total . vote in 1870 was ,ts2;
sage and all state reports made one volume
To-day there are but nine states in the
| Union that have IA greater per capita wealth
| than Colorado and four of those states are
west of Colorado. Nine Of the original thr-
| teen states have larger per capita debt
dncluding state. county. school and mu.
niclpaD than Colorado. There are seventeen
states with less assessment There Is NOT
state east of the Mississippi river that
| has not larger per cent of illiteracy. The
raw products from ield no 6S pasture and mine
largest per capita Of virgin wealth Of any
| commonwealth In the world,
! With many of the old states we can with
| confidence compare In all OF the elements Of
| statehood. yet they had garnered the
shenves Of hundred years Of achievement
before our state life began, Their fields are
| worn or fallow, ours almost untouched: their
Industrial opportunities fully developed, ours
| scarcely started.
| AS n rule We only value as an asset what
| can be weighed and measured, yet in our
climate and scenery are values beyond many
resources that have dimension and gravity.
VAN" of oar Climate.
Italy has little to attract the tourist but
| her climate, yet II brings millions of gold
| each year to her hungry treasury. Adam
Smith said: "a good climate Is the great
est resource country can have" In nd
ditlon to our granary Of other resources
| Colorado has n climate which for health
| vlgor and comfort. is not cqualcd by Italy
/ or amy other land Some day this climate
| VIII be recognized as an asset as real and
| tangible as the product of field or mine.
The true foundation Of our prosperity is
| our coal and Iron and our mines of gold md
| silver IT was gold and silver that gave
| Colorado to the world and they remain the
| dominating factor in our prosperity. Legit-
| innate mining Is not mn lllnslon 1t is not n
| business Of day. Its permancnce is Illus
| trnted IN our oldest mines In Gllpin aud
| Clear Creek counties. For thlrty-fi five years
the ilow Of gold and silver from these conn'
| ties has been continuous and stcndy. The
| product has been many times more certain
and regular thnn the cotton values from the
from the prnlTies of the Mississippi valley.
| At the same time the pay of those en-
plOyed In the mines has been double the
amOuut paid In the great agricultural states.
| no Industry, compete with one, harm no
one. Neither are the products OF our mines
consumed with the passing year, but the
| gold and silver become n permanent endur-
ing contribution to the wealth of the world.
| These metals are the true life blood In the
| arteries OF commerce. They are not the
agents Of . day. but through the centuries
| they perform their mission of happiness and
prosperity, Given tho yield and use Of the
precious metals, can read the clvillzat ation
Of the age. Israel was hut nation of wan.
dcrlng tribes until her kings gathered the
gold and silver Of ormuz and Ind We can
note cbb and flow Of Roman greatness by