The herald., 1898-10-15
Fly. I'm miaytss sppIsuss sell0vsA ~
Presidsat's a6drses. R

- S4AV AwUN&W W
Ono c< ,snS larseet crowd1 under cove
that the prestdent Aaecome IN contact With
issum tonishs o hess SiS sddssss. Pre6.
ably 1900 people were inside the building
when the address was delivered and twice
- many moro were unable to get anywhere
within tle soand Of his voice
After refexztng pleasantly to his previous
visits to st. Louis, the president sAid:
sIt must be matter Of great grakifica-
ton to the people of the United States to
know that the national credit was never
better than now; that for the first time IN
It's history the government n floating q
per cent bond, every dollar OF which was
SOLD at par and are now at . premium of
cents on the dollar. and that this profit
has gone to the people. The loan was a
much satisfac ton that the people with their
surplus savings we're able to buy the bonds.
It u an interesting fact that while we Of
fered but $2O0, ,000. 900 Of the bonds for sale.
over fourteen hundred milhons were sub
serlhed by the people Of the country and
by the terms of the sale no one was able
to receive bonds in excess OF 5000.
ut ds not without significance. too, that
the government has not been required since
1896 to borrow money for Its current obli-
cations until the war with Spain. while tts
available balance on October !. 1898, was
upwards OF $SO7 900, 900. Of which sum over
$24S 0O0, 900 was in gold Nothing more i'm
pressed the nations of the world than the
appropriation Of o large national defense
fund which the treasury was able to pay
from its balances without resort to a loan.
While the credit and finances of the govern
menN have improved the business condi-
tons Of the people have also improved.
Both government and citizens have shared
In the general prosperity. The money cir
- he tVVy In nm
first Of July, 1898. than it has ever been and
there has been no depreciation Of the value
Of our money.
'"The people have borne the additional
taxation made necessary by the war with
the same degree Of patriotism that charac-
terised the soldiers who enlisted to fight
the countryrs battles. We have not only
in every material sense, but we
have established q sentiment of good feel
Ing and a spirit OF brotherhood such as the
nation has not enjoyed since the earlier
days Of Its history. Not since the begin
ming Of the agitation Of the question OF
has there been such q common
bond In name and purpose; sucn genuine
affectio such q unity Of the sections; such
obhteration OF party and geographical d.
visions National pride has been again en-
throned. national patriotism has been re-
stored. the national union cemented closer
and stronger. the love Of the old nag en-
shrined in all our hearts Nortn ana south
have mingled their best blood in common
cause and today rejoice In common VIC
tory.
I'VE must guard thds restored union with
a Jealous and sacred care. and while await
Ing the settlements of the war and meet
ing the problems which will follow, we
mtset stand as one man. not In the spirit
of party, and unite In o common effort for
that which will give to the ma ton its widest
influence in the sphere Of activity and use
fulness to which the war has assigned 1t
Let nothing distract you; let no discordant
soice intrude to embarrass us In the solu-
ion Of the mighty problems which involve
such vast consequences to ourselves and
oosterity. Let us remeber that God be-
slows upon no nation such supreme oppor-
tunity which Is not ready to respond to the
call Of supreme duty"
Wild Cheering
The adtireeAof the president was received
~ his 10000 auditors with the widest
cheers. and at its conclusion the demon
stration was simply indescribable. For
short time the president then viewed the
sights of the st. Louis exposition. after
which he left for the train.