The Portland daily press., 1899-11-22
Gold Standard Former Portland
Mans Subject.
Open Door in the Philip
pines.
Whitelaw Reid Tells How 1t
Can Be Maintained.

New York, November 21.-The lSlst
annual banquet OF the Chamter Of Com
meroe was held at Delmonioo's tonight
and brought together coo representative
business men OF New York. There were
also n number of distinguished guests,
including Gov. Roosevelt, senstor Thom-
ss G. Pistt, senator Chaunosy n. Depew,
former Speaker OF this House, Hon. i.
b. Heed, Hon. Whitslaw Reid, President
Seth Low Of Columbia university. Presi-
dent Hadley of Yale university, Major
General Wesley Merritt. and Hon. John
Barrett, former minister to SIAN.
The introd ucsory remarks Of President
Jesup were brief. After ooueratulAtina
the mem bars Of the chamber upon the
prosperous condition Of the country, hs
said;
81 now ask yo1 to MI your glassss and
drink In silence to che toast will Civ,
you. We have met with . national loss
and am sure tust our beloved President
has met with an individual loss and
we're he here, he would ask you to drink
to the toast that shall now give you
in silenoe: 'The President Of she United
States. -
The toast was drunk standing. Next,
President Jssup proposed toast 10 Queen
Victoria, while the orchestra played
"God save the Queen"
Gov. Roossvelt spoke 10 the toast, "rhe
State OIL New York" His reception was
most fisttsrins.
The next speaker was Hon Thomas b.
Reed. He was - warmly recsive I As
was the Governor He responded to the
toast, "Ths Gold Standard"
Mr.. Reed spoke In part As follows:
New York Is the Acknowledged financial
centre Of the republic. While this high
position 10 not without Its jsalousies and
snviss. yet 1t Is the great power for good
which ought to be exercised for the bsne-
fit Of the whole country. When, however,
you 90 beyond your immediate sphere
in this grent city, you labor under dis
advantage which. however, can be made
| less by knowing 1t. The country In so
large that 1t 10 only In the central place
| where representative every where meet,
that men can get real idea OF the vari
ous hopes and fears or the nation. The
greatest struggle which any statesman
has today, In any matter affecting the
whole Union. II to reconcile differences
| OF opinion, which are honestly enter
tained by men who are pursuing liberty
and happiness In states which are thous-
ands OF miles apart.
| When you undertake to adjust your
laws to the whole i5 states and do 1t by
processes OF party government, you ought
TO bs very much astonished II ths law
you can actually put on the statute books
comes any where near within sight of the
law you dreamed Of when you started.
| All things are finally settled Dy dis
cussion and 1t takes great deal Of time
to settle anything among q people so
widely scat .ered. But discussion In time
does settle great questions and when they
are settled they should be nailed down.
| Is Ia no wonder that the currency ques-
tion has taken so long time to settle It,
self, even as to the fundamental basis.
We have approached 1t from different
points of view. Men in newly settled
parts of the country have been In u very
different position from ours. We have
been all through the experiences of a
false currency and havs established our
selves at last upon the basis taught by
that suffering which renders experience
the best master. We have our resords and
do not wish to havs history repeat itself.
4 The next speaker was President Had
| ley of Yale, who responded to she toast,
"Eduoation Of Modern business Respon-
sibiliites."
At the conclusion Of President Hadley's 8
speech, Senator Plat. who It was
| thought would address the ohambe', In
formally, left the banquet hall.
The next speaker was the Hon. Whits
Law Reid. who spoke to ths toast: "rhe
| existing friendly relations between the
United States and Great Britain."
Mr.. Reid, In part said: Long ago
Thomas Jeif arson remarked that Of ali
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