Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1898-10-15

| institutions. To the youth of the coun :
| try trained in the schools which arr
! happily open to all must we look
| carry forward the fabric of govern
ment. 1t is fortunate for us that OF :
republic appeals to the best an
| noblest aspiration Of it's citizens an
| makes all things possible to the
worthy and industrious youth. Tn
personal interest and participation { I
our friendship in the conduct of the
| government makes it's condition al
ways an absorbing and interesting one.
1t must be q matter of great gratit-
! cation to the people of the United
! States 10 know that the national cred :
was never better than now. For til +,
first time in the country's history, thu
government is floating a per cent.
bond. every dollar of which was soil
at par and the bonds are now al pre-
MUM of 5 cents on the dollar and this
profit has gone tothe people. The loa i
was popular one and it has been q
source of much satisfaction that tn
people with their surplus savings Were
able to buy the bonds. 1t is an inter
esting fact that While we offered but
200. 100000 cf bonds for sale. over 14o,-
900. 900 were subscribed by the the PEG
pie of the country, and by the terms G.
sale. no one was able to receive bond
in excess of $4,000.
1t is not without significance, to tha
the government had not been requested
since 1896. to borrow any money fo.
its current obligations until the war
with Spain, While its availab le balance.
(lC,t I 1908 ,ye. ,f
of which over $2a3,0000OO was in gold.
Nothing more impressed the nations
Of the world than the appropr:a ton of
large national defence fund, which
the treasury was able to pay from its
balances without resort to a loan
While the credit and finances of tha
government have improved the bus
ness conditions of the people have also
happily improved. Both government
and conditions have shared in the gen
eral prosperity. The money circula-
ton of the country was larger, July |.
1888 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 char
dNtCiiHtu Tie Stll!lcI VINO GnllStcu TO 1gNt
the country's battles. We have not only
prospered in every material sense, but
we have established a sentiment of good
feeling and spirit of brotherhood such
as the nation has not enjoyed since the
earlier years of its history Not since the
beginning of the agitation of the question
OF slavery have there been such a COM
mon band in name and purpose: such
genuine affection: such a unity of the sec
tons; such obliteration of party and geo.
graphical divisions. National pride has
been again enthroned; national patriotism
has been restored the national union ce-
mented closer and stronger, the love of
the old flag enshrined in all hearts North
and South have mingled their best blood
In common cause and today rejoice in
a common victory.
I'VE must guard this restored union
with a Jealous and sacred care. and while
awaiting the settlements of the war, and
meeting the problems which will follow
we must stand as one man, not in the
spirit of party but united in common
efort for that which will give to the ma
ton it's widest influence in the sphere of
activity and usefulness to which the war
has assigned it. Let nothing district us;
let no discordant voice intrude 10 ernhar-
rass us in the solution of mighty prob
lens which involve such vast conse-
qaences to ourselves and posterity Let
US remember that God bestows upon no
nation supreme opportunity which is not
ready TO respond to the call of supreme
duty
the address OF the President was re-
ceived by his 2oo90 auditors with the
widest cheering. and at it's conclusion
the demonstration was simply indescrib-
able: For short lime after his speech
me President viewed tne sights of the St.
Louis exposition. after winch he left the
city. at II O'Clock. over the Vandalia road
Tired out with his day s experience. the
President and party left at II O'Clock for
Terre Haute. Ind, the next stopping
place. During his stay here eli the Pres
dents movements We're carefully guard
ed by st. Louis police and detectives TO
prevent his being subjected to the slight
est Inconvenience or discomfort