The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-10-15
An Almost Continuous Ovation from
the Time He Entered the City I'm
til He Left for Terre Haute.
SCENES At THE COLISEUM
WHERE HE SPOKE in HIS USUAL
HAPPY, PATRIOTIC STRAIN.
Reference Made to the Bond Issue, OBJ
liberation of Sectional Feeling and
Present Duty of the People.

A
ST. LOUIS, Oct. H.-President Mckinley
was to-day the guest of st. Louis the city
in which two years ago he received the NOM
ination to his present high office. From the
time of his arrival until II p. rn., when the
President left the city, he was accorded an
almost continuous ovation Escorted to the
Southern Hotel by civic bodies and regular
and volunteer troops, among which were two
commands that had gained distinction at FL
Caney. President Mckinley was met by the
cheers of thousands of people lining both
sides of all the thoroughfares through which
he passed. At the Southern Hotel where
the President was entertained, he stopped
and reviewed the parade given in his honor
and later held a reception in the parlors.
There ne met many prominent st. Louisans.
At noon the chief executive addressed about
5000 people on the floor of the Merchants
Exchange and afterwards sat down to an
elaborate luncheon at which seventy-five
persons were present A drive through the
fashionable West-end streets and parks of
the city completed the daylight programme
of entertainment A feature Of the drive
was the stop made at the Memorial Home.
where President Mckinley met and shook
hands with Jack Haynes. aged Ill years.
said to be the oldest soldier i'll the United
States.
Tonight at the Coliseum In the exposition
building the greatest throng of people ad-
dressed by President Mckinley under cover
thus far during his present trip gave him a
magnificent greeting. AS he entered the
Coliseum q, ,eee1sse sePssaaeese- -to1shsixsEeet and
cheered for several minutes. 1t was some
time before quiet could be restored and the
President could begin his Speech which was
interrupted repeatedly with applause. The
President said:
MY Fellow-citizens-My former visits to
ST. Louis are full of pleasant memories My
first was in 1883, and then again in 1892. both
OF which afforded me an opportunity of be-
coming acquainted with your people and of
observing the substantial character of your
cnterpriseing city. omitted my quadrennial
visit in 1896 for reason which were obvious
to you, and have always been thankful that
my absence seemed to have created no pref
udces in your minds.
Il remember on the occasion of a former
visit. in company with Governor Francis
and other citizens. to have witnessed the
assembled pupils OF the schools of the city
at your great fair. 1t was an inspiring
sight, and it has never been effaced from my
Of young faces of the boys and the girls
preparing themselves for citizenship. / had
my faith confirmed in the stability of our
institutions. To the youth of the country
trained in the schools. which happily are
open to all. must we look to carry forward
the fabric of government.
..It is fortunate for us that our Republic
appeals to the best and noblest aspirations
of its citizens and makes all things possible
to the worthy and industrious youth The
personal interest and participation of our
citizenship in the conduct of the government
makes its condition always an absorbing
and interesting one.
s.It must be a matter of great qualification
10 the people of the United States to know
that the national credit was never better
than now; that for the first time in the
country's history the government is floating
a three-per-cent. bond, every dollar of which
was sold at par and are now at permium
of five cents ON the dollar, and that this
. profit has gone to the people The loan was
a popular one and it has been source of
much satisfaction that the people with their
surplus savings were able to buy the bonds.
IT is an interesting fact that while we
offered but two hundred millions of bonds
for sale. over fourteen hundred millions
try. and by the terms of sale no one was
ahle to receive bonds in excess of five thou
sand dollars.
.sIt is not without significance, too, that
the government has not been required since
1896 to borrow any money for its current
obligations until the war with SPAIN while
its available balance Oct. l. 1898, was up
wards OF $307 900. 900. of which over
s2a2, 100000 was in gold. Nothing more i'm
pressed the nations of the world than the
appropriation OF 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 gov
ernment have improved the business condi-
tion Of the people have also happily i'm
proved. Both government and citizen have
shared in the general prosperity. The money
circulation of the country was larger on the
1st of July. 1885, than il 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 char
acterized the soldiers who enlisted to fight
the country's battles. We have not only
prospered in every material sense. but we
have established a sentiment OF good feel
ing and a spirit of brotherhood such as the
Nation has not enjoyed since the earlier
years Of its history Not since the begin
ming OF the agitation OF the question OF
slavery have there been such a common
bond in name and purpose; such genuine
affections; such unity OF the sections:
such obliteration OF party and geographical
divisions. National pride has been again en-
throned; national patriotism has been re-
stored; the national union cemented clos