The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1901-09-24
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Rico by cable and he was able through
the military telegraph to stop his army
on the firing line with the message that
the United States and Spain had sign
ed a protocol suspending hostilties. We
knew almost instantly of the first shots
fired at Santiago, and the subsequent
surrender of the Spanish forces was
known at Washington within less than
an hour of it's consummat!on. The first
ship of Cervera'S fleet had hardly emery
ed from that historic harbor when the
fact was flashed to our capital and the
swift destruction that followed was an
nounced Immediately through the won
derful medium of telegraphy. So accus-
toned are we to safe and easy commun-
ication with distant lands, that its tenn
porary interruption even in ordinary
times results in loss and inconvenience.
We shall never forget the DAYS of anx-
ious waiting and awful suspense when
no information was permitted to be sent
from Pekin, and the diplomatic repre-
Sentatives of the nations in China, cut
off from all communication, inside and
outside of the walled capital, We're sur
rounded by an angry and misguided mob
that threatened their lives; nor the joy
that thrilled the world when a single
message from the government of the
United States brought through our min
besieged diplomats.
At the beginning of the nineteenth
century there was not a mile of steam
railroad on the globe. Now there are
enough miles to make its circuit many
times. Then there was not a line of cleo
trio telegraph; now we have a vast mile
age traVers:ng all lands and all seas.
God and man have linked the nations
together. No nation can longer be in
| IA
brought more and more in touch with
each other the less occasion is there for
misunderstanding, and the stronger the
disposition, when We have differences, to
adjust them in the court of arbitration,
which is the noblest form for the settle
ment of international disputes.
UNEXAMPLED PROSPERITY.
My Fellow Citizens: Trade statistics
indicate that this country is in a state
of unexampled prosperity. The figures
are almost appalling. They show that
we are utilizing our fields, and forests,
and mines, and that we are furnishing
profitable employment to the millions Of
workingmen throughout the United
| States, bringing comfort and happiness
! to their homes, and making it possible
to lay up savings for old age and dis
ability. That all the people are partici-
|
| in every American community, and
shown by the enormous and unprecedent-
| ed deposits in our savings banks. Our
| duty is the care and security of these
deposits, and their safe investment de-
mands the highest integrity, and the best
| possible capacity of those in charge of
these repositories of the peoples earn
ings.
| We have a vast and intricate business.
/ built up through years of toll and strug-
! gle, In which every part of the country
! has its stake, which will not permit of
either neglect, or of undue sellshness.
No narrow, sordfd policy will subserve
| it. The greatest skill and wisdom on
the part of manufacturers and produc-
ers will be required to hold and increase
| it. Our industrial enterprises, which
| have grown to such great proportions
| affect the homes and occupations of the
people, and the welfare of the country
! Our capacity to produce has developed
so enormously and our products have so
multiplied that the problem of more
markets requires our urgent and imme-
date attention. Only a broad and en-
| lightened policy will keep what we have.
No other policy will get more. In these
times of marvellous business energy and
gain, We ought to be looking to the fu-
ture. strengthening the weak places in
our industrial and commercial systems,
that We may be ready for any form of
strain.
By sensible trade arrangements which
will not interrupt our home production,
we shall extend the outlets of our in
creasing surplus.
| MUTUAL EXCHANGE.
| A system which provides a mutual ex-
change of commodities is manifestly es-
sential to the continued and healthful
growth of our export trade. We must
not repose in fancied security that we
can forever sell everything and buy
| little or nothing. IF such thing were
possible it would not be best for us or
for those with whom we deal. We
should take from our customers such of
their products as we can use without