The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1903-04-29
OUT OF IOWA.
President Makes His Last Stop
at keokuk.
Gov. Cummins Surrenders Him
to Gov. DOckery.
GREETED BY 10000.
Speech Ten Minutes Long Was
Heartily Applauded.
Receives a Fac Simile of First
American Flag.

Keokuk. Ia, April 29.-The president
left Iowa at 10 o'clock this morning over
the Burlington en- route to Quincy and
St Louis. At the station in this city
Governor Cummins of Iowa bid him
good by and Governor Dockery of Mis-
souri, welcomed him to the state of Mis-
souri, The party arrived at $3.50 over
the Rock Island from Ottumwa and
was met by the reception committee,
consisting of city officials and prominent
citizens, who escorted them to carriages.
In the carriage with the president was
Mayor Andrew J. Dimond and John n.
Irwin. ex-governor of Arizona, and
United States minister to Portugal un-
der Mckinley. Escorted by the old Fifth
band and six companies of the Iowa
National Guard. the procession moved
along Main street. which was lavishly
decorated with flags and banners and
thronged with fully 10000 people.
At Rand park the president. standing
in the pit Of a natural amphitheater,
made a 1O-minute speech. which was
heartily applauded The grave of the
Indian chief Keokuk, from whom this
city gets it's name, is located here and
the carriages were halted for a few mo-
ments beside his monument. The party
departed southwark at 10 O'Clock. The
president while here was given minia-
ture fac simile of the first American
flag made by Betsey Ross. This banner
was of silk with the thirteen stars and
was made by Mrs. Rachael Albright of
Fort Madison, Ia, who is the 81 year
old great granddaughter OF Betsey
Ross.
President Roosevelt today received a
telegram from Frank T. DeyO. the state
tax commissioner Of New York. inform
ing him that the court of appeals oil
that state had handed down a decision
declaring constitutional the franchise
tax law. The president is heartily
grateful over the outcome of the case
TOUCHES ON MONEY AT QUINCY.
Quincy. Ill, April 29.-President
Roosevelt stopped here for about a
minutes this morning. A large crowu
was on hand TO greet him. and amid
cheers he was driven to Court House
park. where he delivered a short ad-
dress He discussed the question OF
currency. and said in substance:
Our currency laws have been recent
" improved by specific declarations in
tended to secure permanency of values
But this does not imply that these laws
may not be Stifl further improved and
strengthened. 1t is well nigh univer-
sally admitted that our currency sys-
tenn is wanting in elasticity; that is. the
volume does not respond to the varyine
needs Of the country as a whole. nor to
the varying needs of different localities
Our people scarcely need to be remind
ed that grain raising communities re-
quire larger volume of currency az
4 harvest time than during the summer
months The same principle applies t.
every industry. to every community.
/ Our currency laws need such modif1ca-
ton as will insure the parity of every
dollar coined or issued by the govern
ment. and such EXPANSION and contrac-
ton of our currency as will promptly
and automa tically respond to the vary
! ing demands of commerce. Permanen~
( increases would be dangerous. perman-
ent contraction rBinous; but the needed
elasticity must be brought about by
provisions which will permit both con,
traction and expansion as the varying
needs of the several communities and
business interests may require"