The Providence news. (Providence [R.I.]) 1891-1906, 1899-11-22
Proposed by President Jsssup and Drunk
Standing and In Silence.
FORMER SPEAKER REEOS ADDRESS.
Ia Response 10 ha Toast :" The Gold Standard
President Hadey cf Yale and pou HhIisaw
Reid Aso Made Remarks

New York, Nov. 22.-The l3lst annual
banquet OF the Chamber Of Commerce
was held at Delmonico's last night and
brought together 800 representative
business men Of New York. There were
also a number of distinguished guests,
including Gov. Roosevelt Senator
Thomas G. Plat, Senator Chauncey NJ.
Derew, former Speaker of the House OF
Repres .ntatives. Hon. Thomas Il. Reed
Hon. Nlhitelaw Reid. President Seth
Low OF Columbia University. President
\. Il. Hadley of Yale University. Maj.
en-. Wesley Merritt. L.. :. A., and Hon.
John Barrett former minister to Siam.
The Introductory remarks of Presi-
dent Jcssup were brief. After congratu-
lating the members OF THE Chamber up
on the prosperous condition of the
country he said:
II now ask you To fill your glasses
and drink i'm silence TO the toast | will
give you. We have met with a national
loss and l am sure that our beloved
President has met With an individual
loss. Were he here he would ask 10
drink TO the toast that i shall now give
you i'm silence: The president of the
United States. The toast was drunk
standing.
Next President Jessup proposed a
toast to Queen Victoria. f" while the or
chestra played God Save the Queen"
GOV. ROOSEVELT SPEAKS.
Gov Roosevelt spoke to the toast:
The State OF New York" His recep-
tion was most fiattering.
] wish TO say one word about the
statesman and the good citizen who has
passed AWAY. Vice President Hobart. OF
him 1t should be said. what ought TO be
the highest ambition OF every decent
man to have said OF him. that he single
minde1ly and disinterestedly did his
duty to the whole country entirely
without any regard 10 any credit or
glory accruing TO himself.
The next speaker was Hon. Thomas
il. Reed, former Speaker OF the House
of Representatives He was as warmly
received as was the governor. He re-
sponded to the toast, The Gold stand
ard"
Mr. Reed spoke in part as follows:
New York is the acknowledged finan-
cial centre of the great Republic The
greatest struggle which any statesman
has today in any matter affecting the
whole Union is to reconcile differences
OF opinion which are honestly entertain
ed by men who are pursuing liberty and
happiness i'm states which are thousands
OF miles apart.
Ii is no Wonder that the currency
question has taken SO long "A time to
settle itself. even as to the fundament-
al basis. We have approached it from
different points of view.
FOUNDATION OF PROSPERITY.
Men i'm newly settled parts OF the
country have been in a very, different
position from ours. This country. and
indeed all the world, is prosperous, but
in our rush for gain we must not forget
the founda ton of our prosperity. which
is "A consciousness thar the machine
with which we do business is sure and
steadfast.
The neNt speaker was President Had
ley of Yale who responded to the toast,
Education for Modern Business Re-
spOnsibiiities."
President Hadey said in part:
Ii is one Of the interesting things to
any one who looks at the catalogues OF
the colleges Of the country to see how
they are becoming year by year the ed
ucators of business men. a generation
ago the great majority of the college
graduates went into the professions. To-
day large part of them enter CONNER
cial life.
Modern business expanded itself
10 such a degree and has grown so
great that 1t Is impossible today for a
man To take at once the large leader
ship Of the whole and the, small over
sight of the details He must fc0ktose
which things are worth doing, must
know how TO measure rs power. know
the great things rIat he must do and
which are the small things that he
must leave TO others.
At the conclusion OF President Had
leys speech, Senator Platt. who IL was
thought would address the Chamber
informally. left the banquet hall.
The neXt speaker was the Hon.
Whitelaw Reid. who spoke to thetoast,
The Ex sting Friendly Relations Be
tween the United States and Great
Britain
MIR REID'S REMARKS.
Mr. Reid in part said: