New-York tribune., 1898-01-28
PRICE THREE CENTS.
THE PRESIDENTS SPEECH.
NECESSITY OF FINANCIAL LEGISLATION
EMPHASIZED.
EVERY EFFORT REQUIRED TO Mako THE SET
TLEMENr OF THE QUESTION CLEAR AND
CONCLUSIVE FOR ALI. TIME-A PLAIN
AID OOMMANDING DLTY.


CONCLUSIVE FOR ALL TIME-A PLAIN
AND COMMANDING DUTY
When the President introduced every
man leaped to his feet and the air was full OF
cheers and napkins for at least minute. When
the cheers had subsided they burst out again
and again. Finally ex-Mayor Strong rose from
his place at the guests table and shouted:
Three cheers for the President-hip. hip" and
with this final burst the guests were content
The enthusiasm broke out again from time TO
time as the President proceeded with his speech.
Those portions that We're particularly applauded
voiced the Presidents approval Of the plan for
building the Nicaragua Canal. for the extension
OF the merchant marine. for currency reform
and for the maintenance OF every pledge the
Republican party gave the voters Of the coun-
try at the last election. President Mckinley
read most OF his address from manuscript
which ne held in his hand. lie spoke In full
as follows:
Mr.. Toastmaster. Members Of the National
Association # Manufacturers and Guests For
the coriial character Of this greeting | return
my grateful thanks The genuineness Of your
welcome is full compensation for having left
Washington at an unusually busy season In
order to participate In this interesting meeting.
| scarcely need remind you that DO not
meet strangers Neither your business or
ganiZaton nor your social reunions are alto
geiher unfamiliar to me. have been with You
before. not guest as now, but rather IN the
capacity Of host. | recall that a. Governor OF
the state OF Ohio i was my pleasure to well
come you to the city of Cincinnati On January
22. 1895. at the initial convention of the Manu-
facturers' Association | well remember the oc-
casion. 1t a cold day You had lost every
thing but your pluck. or thought you had
Courage was the only friend your grief could
call its own NaughterJ | note with satislac-
tion your improved appearance now. utsne"ed
laughter) You more cheerful In c"unte-
nance more buoyant in spirit more hopeful in
manner and more confident In purpose Then
too. there are more Of you here than there we're
at your first meeting. Distances are. OF course.
the same. but travelling has been resumed
Your speeches and resolutions at that first con-
vention were directed mainly 10 the question OF
how 10 regain what you had lost In the pre-
vious years or II that found Impossible.
then how to stop further loss. But your ob)eca
now as gather IL. is to 20 out and possess
what you have never had before You want 70 s1-
tend not your notes. but your business
sympathized with your purposes them am M
full accord with your intentions now. (Ap-
pause)
ventured 10 say at the gathering referred
TO- as reported in your published proceedings
speaking both for your announcement and from
a profound conviction:
This great country cannot be permanently kept
I'm a state OF relapse. ! believe we sill reoccupy
nff IN a
peaceful conquest OF and greater fields OF trads
and commerce The recovery viii come slowly
perhaps but it will come. and when # does We VIII
he steader and will better know how 20 avoid ex-
posure hereafter.
have abated none Of the faith then ex-
pressed and you seem 70 have regalned yourA
Applauso)
THE GOVERNMENT AND THE PEOPLE.
National policies can encourage industry and
commerce but II remains FOR the people to
project and carry them on. II these policies
stimulate Industrial development and energy,
the people can be safely trusted 10 do the rest
The Government. however. is restricted In It's
power TO promote industry. II can aid COM
rnerce but not create II. II can widen ana
deepen It's rivers. Improve its harbors ana de-
velop its great National waterways but the
ships to sail and the traffic To carry. ne people
u.
q state OF collapse long I said 50 three years
ago in this city and what said then has come
to pass The country has not only passed over
the state Of collapse but IS going on and making
further progress The Government can raise reve-
nues bv taxation In such a way as VIII dis
criminate I'm favor OF domestic enterprises. but
II cannot establish them. 1t can make CONNER
cial treaties opening to our manufacturers ana
agricuturists the ports of other nations. IL
can enter into reciprocal arrangements 70 ex-
change our products with those Of other coun-
tries II can aid our merchant marine by en-
couraging our people to build ships Of COM
merce Ii can assist In every lawful manner
private enterprise 10 unite the two oceans with
a great canal. II can do all these things ana
ought TO do them; but with all this accom-
pllshed the result will stll be Intellectual unless
by the energy. enterprise and
Industry cf the people. II is they who must
build and operate the factories. furnish the
shlps and cargoes for the canal and the rivers
and the seas II IL they who must md the con-
suners and obtain trade by going forth TO
win IT, Applause)
MUST 90 TO THE BUYERS
Much profitable trade is still unenjoyed by our
people because Of their present insufficient ia
c,lities for reaching 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 peo-
pie want before We supply tter wants We
must understand exactly how 10 reach them
with least expense IL we would enter into the
most advantageous business relations with
hem. The ship requires the shipper; but the
shipper must have assured promise that his
goods will have a sale when they reach their
destination. 1t is a good rule II buyers viii not
,ome to u.s. for US 10 go TO them. IL is our
luty TO make American enterprise and indus
rial ambition, as well as achievement terms
II respect and praise not only at home. but
among the family Of nations the world over