Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1898-02-14

| Imam. where the echo has full sway
and in the halls and rostums OF New
England. They are both anxious to be
heard. 1T matters not whether the ut
terance has rhyme or reason, so long
as they compel attention. And this.
/ Mr.. Chairman, should be a sufficient
extenuaton Of my oratory before this
presence. IT is not often that silver
advocates get the opportunity to crate
| outside of the Senate chamber, and |
understand that the recent gliding of
the Goddess of Liberty is likely to dis
courage that U.aughteD. But | am
| wandering from my text.
| "InYcStmentS East and Investments
West" Mr.. Chairman. that is a very
| dry theme. 1t is by nature sh"rn Of
all the inviting. Word-multiplying,
| windy surroundings of the subjects Of
| the preceding speakers. 1t is one thing
! to talk of our country and our state;
! uhicctS that should and do, thrill and
entertain Us all; it is quite another
thing to talk cntertainly upon a subject
| like the one assigned to me. However,
] will make 4 bluff at it and do the
! best | can. You of my hearers who are
! college-bred rcmemhcrin Greek mytho-
| Io%Y the building of the Argo and the
use to which il was put by those brave
| Ar%onauts. How they braVed every
| danger, and endured every privatiOn
! in quest of the Golden Fleece.
Ever since Jason and that little band
of followers sailed away over the
! Ituxne sea. the spirit of mankind has
undergone but little change. 1t is in
1 Of no al II the
| time of the Trojan wars With the
| fact. and the motive. that prompts us
! in our quest for gold and silver. | shall
not deaf with, tonight 1t will be my
! province simply to suggest To YOU rs
citizens and as Americans particularly
| that We look at this subject, not in
narrow. clannish, sectional spirit. that
can not see beyond our little horizon
but in the board common sense way.
| All honor 10 the MugWump invest
| monts. by that | mean. all honor to
the man who has SENSE enough to get
out Of the old ruts. out Of the savings
! banks. out Of the penny wise and
/ pound-fouliSh so-called home invest
ments. and place his dollars wherever
! in this broad land they will earn him
| the most dollars in return.
And | am saving nothing now detri-
mental to home investments. There
should be loyalty to the town or city
| in which you live even 10 the extent
Of sacrifice, and at times, the home in
! Vcstment may he the best. | WILL To-
day. gladly join in putting a good
| thrifty business Of some sort into our
city whether it pays or not. While |
! .,,, ~
subject. let me say. we in this city.
are not Yet up to the possibilities of a
! little Wtl directed concentration Of
capital tu a given end
This does not apply TO many Of the
gentlemen here. tonight. for some of
You / am aware have made heroic ef-
forts to multiply our industries and
put us in closer touch. by rail with the
outside world. Mir. Chairman. | hold
it to he the duty of the progressive
I citizens IF Watervillc. to constantly
insist, that We have right here within
ourselves the means to DO more If the
worlds business, profitably to the
world. and prniitahly tn ourselves.
may giN" utteranCeS to an assertion
| that Will shock the sensiblitieS Of some
but nevertheless | believe it-our say
/ ines banks have become a nuisance
Their deposits mean that your surplus.
over ana above IN. ha,.. n.,c..,.iti,... ne
life is scattered throupb sa.nnI ,n,l
third hands ID tha Fam winds ~
heaven tn ,ni,I,i,,rv ir.,,.a,, or l..;,,,r
invested here in local industry Let
Us take no stock in What we ar. told
about saving. 1t is your duty t. spend
a part of your earnings-and a large
part. for there can not he an inrroaS-
ing application of capital to industry
unless there rs an increasing demand /
Mir. Chairman. Ne are All Of us in
NcSturS. either of brain muScl. or
money. II investors of money. il is our
duty to take no narrow view d: This
subject Your field is the United
stat, s ana its prizes are for the Jasous
who nave nerve enough To push ont
Foreign capitaI has been, and is today
r.apiu@ tou many rewards in vaur
legitimate field. But | am asked. NOW
shall know where ana what to invest