The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-01-07
ST. PAUL'S GOOD YEAR
PROSPERITY OFF PAST TwELyE
MONTHS THE TOPIC AT CHAM
BIER OF COMMERCE
THIS YEAR WILL BE BETTER
Wholesale Trade shows Every Indi-
cation of EcIfpsing All Past
RecOrds-U. s. Leading
the World

The Chamber of Commerce celebrated
the first meeting of the new year with
a short programme of addresses yester
! day morning in the Chamber of Com
merce rooms President Doran presided.
| There was a good attendance at the meet
| ing, and much interest was manifested
in the addresses, which reviewed the i'm
| portant events of. the city and country.
! H. p. Hall spoke on what the Past
Year Has Done for st. Paul People" lie
| said the wholesale trade of st. Paul in
| 1901 had surpassed that of any preceding
Year. For many years, 1892, the year be-
! fore the panic,E hadaabeen referred to as
the. banner year In the wholesale trade
| of the city, but in 1900 merchants claimed
that all ill effeets Of. the panic had pass
| ed away, and that the trade Of that year
surpassed thatRof 1882. They were equal
] ly unanimous ir saying that the trade of
1901 surpassed That of $780, and there was
| every present Indication that 1902 would
| take no step backward
From Aug. 4 1901, the beginning Of
the crop year, to Jan. 1. 1902 said Mr.
! Hall, there has besn marketed S5,O00,92o
| more bushels Of wheat at Minneapolis
and Duluth than in the corresponding
| period of the previous year. This means.
/ at moderate estimate, 17,500O00 more
dollars placed fiji the hands of producers
in five months than during the same Pc
! Rod the previous year, and it is having
| a marked effect upon business
/ Every one of the large wholesale
| houses, the speaker stated, had during
the past year enlarged it's facilities in
1 some rmanner,- either by removing entire
4 ly into larger buildings, occupying adj
i joining buildings or securing additional
storage room. More buildings were
/ erected in 1901 than in any year for twelve
i years past, and most of them rented rs
soon as the architects plans were COM
p1eted.- Not one wasfvaeant today.
! Is t'There is nothing connected with the
! business affairs and progress of st. Paul
concluded Mr. Hall. (which is not Of the
most cheerful and encouraging eharac-
/ ter 54
Standing OF the United states.
Thomas Cochran, in speaking of the
! Worlds Standing. of the United States
stated that it had been greatly influenced
| by three events which had happened
within the last five Yeas. Of these the
first was the Spanish war. When
that war began it was stated, and proba-
/ bly, believed by the nations of Europe,
| that when the navies of this country and
] Spain came into conflict, it would end in
our own nations defeat. The conduct
| and result of that war sufficiently proved
the military. andssnaval efficiency of the
|
rank in these respects among the great
I powers of the worldsi5 The second event
was the skill and 6rnness displayed in
our diplomatic relations with China
| There were represented in China at the
time Great Britain, Germany, Russia
| France, Japan, Italy and the United
| States 1t is now Cun iversally conceded
that our own secretary of state was able
not only to preserve the parity of this ma
ton with others, but was influential in
molding the final disposition to which all
came, and did this While preserving more
cordial relations. with the Chinese gov
ernment than any other power.
The third event is the acknowledged
commercial and Industrial supremacy 81
| this country, in Europe. In the last five
years we have sold to foreign nations an
avera ge of $600i0Q0,0O0 worth more than
we have bought. L The exports of manu-
| factured articIessinl 1900 amounted to $444,-
000,990 st. PauF stands at the gateway
/ of the long road over Land and sea-
/ through which must pass the commerce
which is sure to result from the eXpan~
sion of the Oriental trade of the world
which America can control if she will
The lesson to the business men of ST.
Paul may be summed UP in a single
| question:: Are we alive to our oppor
| tu1ities, which all these momentous fig
ures SO wildly portray, and are We to
be bold enough and enterprising enough
to take advantage of then?" .
President Doran reviewed the history
| of the Chamber of Commerce, and upon
the conclusion of his remarks John Espy
| offered resolution which provided that
! since Sept. % 1905, was the day Lieut..
/ Pike, with his command, arrived at the
| head waters of the Mississippi, the anni-
! versary of this important historical event
be celebrated with appropriate cere-
monies. The resolution was referred 10
the next meeting of the board