The sun. [volume] (New York [N.Y.]) 1833-1916, 1898-01-09
DiSED ON yAoKsox,s DAr.
Asuual Celebrates ~ the Bus,pess luen's
Democratic Association.


The annual banquet Of the Business Men's
Democratic Association OF this city took place
last night at the Hotel Savoy. Every year the
association celebrates the Battle Of New Orleans
Jackson's Day. and In point Of attendance last
nights dinner was one Of the most success
full II has ever held. Tho President, cx-
Comptroller Theodore W. Myers, presided. and
among others present wero James II. Eustte.
Comptroller Color, Senator Jacob A. Cantor,
Senator Thomas f.. Grady. District Attorney
Gardiner. Perry Belmont, Robert B. Roosevelt,
John w. Keller. David Mcclure, Thomas f. Gil
roy, Jefferson VI. Levy, James J. Martin, and
Michael I. DAILY.
President Myers In his opening speech said:
Tho calender tells us that this Is Jackson's
bay, and l mako no doubt that IL Old Hickory
were reviviHed and with us tonight he would
say: 1T Is my day. by tho Eternalr For the
triumph of November last, 10 It moant anything
at all. meant tho vindication Of Jackson's
principles. The triumph. as Carlyle aptly puts
1t, was the triumph OF tho people against the
purple; the triumph OF a Democracy that grows
stronger by defeat against an enemy 10 whom a
temporary victory means q meritsd downfall"
Mr.. Myers paid q tribute to Richard Croker.
and said that the Democracy Of New York
owed him q debt Of gratitude for his work in
Mr.. Eustis. who spoke next. said. There is
an important event In the Administration OF
Gen. Jackron from which the Democratic party
may derive some instruction. At the last
Presidential election we hoard q great deal
about the money power trying to exercise n
controlling Influence In our Government. 1t
was this that caused an experimental alliance
between the South and the West to see II the
electoral. vote Of New York and tho rest Of the
East could not be dispensed with without loss.
/ needn't tell you the result
The truth Of tho matter 10, leaving out all OK.
aRReration and vehement donunciation. that II
we consult history We will find only two occa.
elons when the Democratic party has beon called
on to, fight the money power. properly speaking;
defeated the Bank of the United states. He
called on the Democratic party to stand by him
then, and every Democrat rallied to the stand
ard and helped to defeat that political financial
institution.
gotten wealth. went to Washington TO buy con-
Irol Of the legislation OF the country. and did
succeed to the extent OF having the Mckinley
bill passed. Again were the Democrats called
on to fight, and again, they rallied and fought
this attempt to establish q political aristocracy
founded on the money power.
Tho declaration OF war against wealth itself
is not the true Democratic doctrine. 1ndivid-
uRls or communities have u perfect right nnde
our democratic institutions to acquire honestly
MS much rs they can. and the wealth of the cap
italist. honestly acquired. is as much entitled to
protection as the wages of tho day laborer.
The Democratic party respects ali OF its
members and protects their rights. 1t extends
an equal welcome to rich and poor. But let it
be truly bel eyed tn Il the money power is trying
again to control tho country. and the Demo.
cratic hosts will surely rise again to fight and
vanQuish it."
Mr.. Belmont. Senator Grady, Senator Cantor.
and District Attorney Gardiner also spoke.