The herald., 1898-10-09
EXPOSITION MANAGERS
DEVOTE A DAY TO VISITORS
FROM NEW YORK
DEPEW DELIVERS A SPEECH
Full of Bright Promises Of the In
crease of Prosperity in the
Far West


OMAHA, Oct. S-If New York had had
a day made to order 1t would not have Sc
cured more delightful weather for its cele-
bration at the exposition. There is q large
crowd in attendance, with fine delegation
OF New Workers, representative citizens,
including Chauncey NJ. Depew, chairman,
of the State Committee. and other promin-
ont citizens. Senator Warner Miller pre-
sided at the formal exercises at the Au-
d,torium at which Mr.. Depew was the
principal orator.
Mr. Depew spoke of the far-reaching
benefits the nation received from the
Worlds fair and said:
1.-The great benefits which the WORLDS
fair at Chicago conferred upon the United
States IN acquisition from foreign coun-
tries and Information to foreign govern
ments this exposition at Omaha is to vastly
enhance in bringing nearer together. in bet
ter understanding Of each other. the differ
ent sections of cur own country.
"New York has been too content with be-
ing the Empire state and with having its
CHI, eff city the metropolis of the continent;
the west too eager for empire independent
of the east; the south living too much upon
its traditions and IN its past. and the Pacific
slope resting too severely upon its bound
less possibilities and great expectations.
The war with Spain has superby restored
the sentiment of nationality and eliminated
sectional jealousies. But this exp sition is
a healthy educator for commercial uni IN.
1.-THE concentrated capital of the east IS
the fruit of 300 years of settlement and
trade 1t is needed in the west for railroads.
irrigation, mines, water power, furnaces
and mills But capital is bcth selfish and
intelligent. 1t never deserts a territory
because the investment has ia lied through
bad Judgment. II seeks other sources fer
profitable employment and finds its re-
in other ard needed work for
the development Of the country The
honest investor believes in legislation
which extends the supervision of the gov
eminent over the corporation and the trust
He knows that his safety as well as the
public interests require publicity. 1t IS
only when a community foolishly thinks
that by having contiscated today non
resident perma nent investment it has
gained without effort the capital for its
future. that the investor withdraws and
stays away.
Money is both tmid and modest 1t
seeks to keep cut of sight; it hides N
in the ground. 1t requires high civilization
and great guarantees to bring it out. put it
in circu,at.on and make it useful. In times
and IN places of panic and 3trust It disap-
pears and increases the distress. With the
return of confidence it moves the machinery
Of society and makes possible varied in
dustries and prosperity. The state which
SO leg!slates as to take away all earning
hoe inv TAD
rowed soon learns that it has gained tenn
porary advantage and lost its credit, which
s the most fruitful source Of profit and
prosperity.
Education is the remedy for our trou-
bles The school is the preparatory depart
mont Of the college and the college fits
boys for the grea ter university II the world.
The school and the college teach-they can
not educate. The colleglan can become as
narrow as his village Playmate who grad
uated at the common school, If both re-
man for their life-work in the isolated en-
v.ronment Of these local conditions, pre-
judces and misconceptions. Both of them
come to this exposition. The encrcNng
horizon which makes confident their phys
ical and Intellectual vision expands with
their minds and embraces states and cities.
arts al industries, IHeS see the FdStneSS
and interdapendence of our internal COM
merce. They learn that the more intelli-
gently selfish any business may be the more
pa triot:cally it encourages every other in
dustry and contributes to the general veal.
The solution of the century-veXing problem
of capital and labor grows simpler. They
see that even a railroad resident may be
public-spirited citizen without betraying
the interests or lessen!ng the business Of
his company; that the money power is the
concentration Of the capital Of the many
at convenient centers Of financial opera
tons and contact with the world. where Il
lies idle ard useless in times Of distrust
but Is easily drawn to the benefcent pur-
poses and productive energies Of the COM
munity which can give it profitable en-
ployment.
"When Nebraska shall have reached the
age Of New York there VII be populatio
of over 200, 600, 900 IN the United States Our
domain Will be sufficient for their support
ard our institutions elastic enough for their
orderly government and their liberty. IL
tell.gence will be keen and high and the
state VIII be very close TO the daily lfe and
industrial activities Of the people. Co
operation Will be working to ar extent now
thought chimerical There will always be
differences Of conditions. as God has en-
Idowed his children with variant degrees #
gifts. but the much-a bused doctrine tina I
1.-THE world owes every man d living will be
CrTA TTDC