Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1898-02-05
A GREAT BANQUET
OF MANUFACTURERS
One Of the Most Elaborate Affairs
Of the Kind Ever Held in the
City of New York.
ROOM HANDSOMELY DECORATED
President Mckinley Is the Principal
Speaker OF the Evening---Sug-
Restive Remarks on the
Money Question.

New York, Jan. 29.--The third an
nual banquet Of the National Associa-
ton Of Manufacturers of the United
States, which took place last night at
the Waldorf-Astoria hotel, was one of
the most elaborate affairs of the kind
ever given in this city. One thousand
guests were seated at the tables.
The fact that President Mckinley
would be present caused a rush for
tickets. President Mckinley was
driven to the Waldorf-Astoria hotel at
$3.50 p. M, where he held n levee for
more than an hour in the reception
room.
The banquet room was magnificent
ly decorated, the tiers of boxes being
draped with silken banners. The presi-
dents flag was suspended over the
head Of the table from the presidents
box.
The fifty-six tables were deliberately
decorated with flowers and potted
plants.
At 1920 o'clock Warner Miller
raped for order. He referred TO the
youth Of the association and said the
meeting would be productive of more
good than anything that had been held
in this country for some time. He
said there was nothing political in the
organization. It's chief end, he de-
clared, was to extend the commerce OF
the United States abroad.
Mr.. Miller then introduced Theodore
{, Search, president of the association,
who spoke briefly.
President McKinIey's Address.
The widest enthusiasm prevailed
when President Mckinley was intro
duced. Men stood in their seats,
women in the boxes waved their hand
kerchiefs and the uproar drowned the
speakers voice. The cheering and
clapping Of hands were %redoubled
when a toast was drunk to the presi-
dent.
President Mckinley spoke slowly
and VA plainly heard in every por-
ton of the hall.
After returning his thanks for the
cordial character of the greeting ac-
corded him, the president recalled the
pleasure he felt when he, as governor
of Ohio, welcomed the association at
it's initial meeting at Cincinnati in
1895. He briefly reviewed the objects
sought to be accomplished at that
gathering, with which, he said, he was
then in sympathy, and expressed him
self as still being in full accord with
the associations purposes at the pres
ent time-that of extending its bust
ness. Continuing, he said:
National policies can encourage in
dustry and commerce, but it remains
for the people to project and carry
them on. II these policies stimulate
industrial development and energy the
people can be safely trusted to do the
rest. The government, however, is re-
stricted in it's power to promote in
dustry. 1t can aid commerce, but not
create it. 1t can widen and deepen it's
rivers, improve it's harbors and develop
it's great national waterways; it can
raise revenues by taxation in such a
way as will discriminate in favor of
domestic enterprises; it can make
commercial treaties, opening to III
manufacturers and agriculturists the
ports of other nations. 1t can enter
into reciprocal arrangements to en-
change our products with those of 9TH
err countries. 1t can aid our merchant
marine by encouraging our people to
build ships of commerce. 1t can as
sist in every lawful manner private
enterprise to unite the two oceans
with n great canal. 1t can do all these
things and ought to do them, but with
all this accomplished the result will
still be Intellectual unless supplement-
ed by the energy, the enterprise and
industry Of the people.
"Much profitable trade is still unen-
joyed by our people because Of their
present inefficient facilities for reach
ing desirable markets. Much Of il is
lost because Of a lack Of information
and ignorance of the conditions and
needs Of other nations. We must know
just what other people want before
we can supply their wants. 1t is II
good rule, II buyers will not come to
us for us to go to them. 1t is our
duty to make American enterprise and
industrial ambition, as well as achieve
ment, terms Of respect and praise, not
only at home, but among the family OF
nations, the world, over.
For Action on Currency Question
There is another duty resting upon the
national government-'to coin money
and regulate the value thereof" This
duty requires that our government shall
regulate the value Of its money by the
highest standards OF commercial hon
esty and national honor. The money Of
the United States is and must forever
be unquestioned and unassailable. II
doubts remain, they must be removed.
IL weak places are discovered they must
be strengthened. Nothing should ever
tarork tc-nnthtn1 ava, xr,;1I to.ox. ,o
to scale down the sacred debt Of the ma
ton through a legal t~echnicality. What
ever may be the language OF the con-
tract, the United States will discharge
all its obligations In currency recognized
as the best throughout the civilized
world at the time Of payment. Nor will
We ever consent that the wages Of labor
or Its frugal savings shall be scaled
down by permitting payment in dollars
Of less value than the dollars accepted
as the best in every nation Of the earth.
Under existing conditions our citizens
cannot be excused IL they do not re-
double their efforts to secure such lnan-
cial legislation as will place their hon
orable intentions beyond dispute. All
those who represent, as you do, the
great conservative and progressive bust
ness interests Of the country, owe 1t not
only to themselves, but to the people, to
insist upon the settlement Of this great
question now or else to face the a~lterna-
tive that II must be again submitted for
arbitration at the polls. This is our plan
arbitration at the polls. This is u
plain duty to more than 1000, 900 voters
who fifteen months ago won a great po-
litical battle on the issue, among others,
that the United States government