Daily camera., 1898-08-24
ADAMS TO THE BANKERS.

Extracts from the Governors Address to
| tho National Bankers Association.
1t is to be regretted that the Camera
lacks space for the admirable address of
Governor Adams before the great con.
vention of bankers ar Denver this week,
but few bright paragraphs from this
notable and happy speech are here
gwen:
"The bankers last year held their COLI
vention at Detroit; convenient to for
eign land; today they give guarante e
that confidence has been restored by
meeting in the center of the nation.
eve welcome you to the land Of gold
and silver, and what you may call 6nan-
cial heresies. 1t is true we still believe
in the money theories of St. John, the
only saint on the past roll of your asso-
citation, but we will not do violence to the
rules of hospitality by interfering with
either your religion or politics. While
we may hope for your reformation. our
prayers will be silent and unspoken. but
our welcome will be as ardent and sim
cere as a great state can extend to the
most imposing financial convention of
the age.
"There are no tears in our greetings;
Colorado is playing no dead march from
Saul; we join every section of our coun-
try in an anthem OF prosperity and in
singing the Star Spangled Banner"
1--WE look upon the best year in our
history; more dollars for our products,
more mortgages cancelled, more glory
than was ever before garnered in a sim
gle year.
"As we welcome you to our hearts and
homes we ask neither references. en-
dorsers nor collateral. May you mani
fest living faith in reciprocity when we
return your visit.
Colorado is young in years, but it has
gathered many prizes from the fields of
achievement. While the skies of the fu
ture are purpled with the prophecies of
sublime destiny. our banking history is
in its infancy, our greatest banks and
business houses are still guided by those
who founded them. We cannot refer or
point to the institutions of our fathers for
they are our own; we did not fall heir to
them but built them. Others may have
more, 5ut our little has come with the
thrill of personal victory, the Joy that in
dustry feels when it masters the virgin
wealth of new lands.
"That there might be close financial
relationship between the nation and its
citizens, would, If we're czar, order the
immediate establishment of postal saw.
logs system. l would also make the
United States guarantee for the de
posts in national banks. To secure the
government against loss general in
demnity fund could be created by a
nominal tax against all banks.
Bankers are not now looking for
partners who furnish gray matter and
maps as offsets for cash. They are not
alchemlsts, not magicians, they can not
make coin. There may be something
supernatural about a lottery or a game
of craps. but in banking there is no ele-
ment of mystery, i, is founded on solid
ground. Integrity. industry. common
sense are the agencies of the bankers
power; when he departs from those
landmarks, when he hungers for busi-
ness and cashes the drafts made upon
hope and the prospective findings of
hazel-wood rod. he courts disaster. Letter
sought royal road to wealth, thank God
he did not find it. Better single wreck
than the poison and danger that would
come fiom the success of a colossal
gamble in human food.
From your ranks must come the tinan.
cial skill and genius that will shift the
money center of the globe from the old
to the new world; the seat of power is to
pass from the Orient to the Occident.
Before you a financial field as wide as
the horizon that bounded the dreams Of
Columbus. Like the British sovereign
we shall soon see the emblems upon
American coin symbols Of money through
Iso degrees of latitude and $50 degrees
of longitude. As ambassadors Of that
imperial industrial and financial destiny
" grsst the bankers Of America"