The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-05-13
FRISCO GREETS ROOSEVELT.
warm WELCOME FROM THE CITY
OF THE GOLDEN GATE.
President Discusses National Issues, Al
vocating Greater Elasticity In Our
Currency-His Tarin Views-faraoo
and Dedication Of y. NJ. &. A. buiidihs'

I'll
| ana Dedication OF Y. NJ. &. A. Building.
SAN Francisco, May l2.-Ths big city OF
the Coast made President Roosevelts well
| come this afternoon as hearty ana impress.
siye az a city Of four hundred thousand
souls should From the moment his train
rolled into the Southern Pacific station
until he was safe In his rooms at the Palace
! Hotel at o clock this evening the Presiaent
| has hardly been able to hear himself thihk'
The programme arranged for the fresi-
| dent here calls for nearly every hour OF his
f, waking time and gives him about seven
| hours day in which to sleep and dress
The President had approached 1t with his
teeth eritted together, but he has frequently
referred to the week which ended to-day
| AZ the picnic before the real work Of his trip
began.
As soon as the President arrived he was
taken through tightly packed streets 10
Van Ness avenue, where he reviewed par
AIDE of United States and California troops
from his carriage. General Macarthur led
the parade There are several foreign ships
in the harbor.
The officers and men of the British cruiser
Grafton were very anxious to get into the
parade. but did not succeed in getting per-
mission from London in time. The Cleve-
land Grays and their contingent from the
New York Old Guard (mysteriously in
creased from four to five in number) were
there, however.
After the parade the President assisted
in the burning OF the slo4 900 mort gage on
the Y NJ. C. A. Building, and in 6edicating
the place.
H. a, ,.is ,al ba Tl,h md eiUned
the register. The entertainment COM
mittee incosed with their invitation to
what most of them speak of reverentialy
"as the golden banquet" Of tonight,
card telling the President how it would be
proper for him to dress.
To quote the language of the card, 1t
said that guests must wear full Evening
Dress Suits, white vest and white tie
The Presidents wardrobe was apparently
short on white waistcoats as when he APP
peared at the banquet he was dressed as
he has been at all the other dinners which
he has attended on this trip. But he had
the white tie, anyway.
The principal table was spread with
cloth of gold. The walls were hung with
great garands as big around as mans
body. made of golden fruits. The tables
were banked with the golden California
iris and golden roses.
Besides the President, the speakers were
Chairman NJ H. De Young, Gov. Pardee,
Mayor Schmitz. Secretary Moody. Gen.
Macarthur and Fairfax Wheelan.
Market street was made into a wonderful
spectacle tonight by an electric illumina-
ton, for which the committee has been
stringing wires for week or more
The President said in his speech
Il thank the citizens Of the Golden State
for their greeting. | rejoice with you on
the prosperity Of California, and that pros
perity is but part Of the prosperity of the
whole Union. Speaking broadly, pros
perity must Of necessity come to all OF
us or to none of us; of course there are
sporadic exceptions, individual and local.
This Golde State has future Of even
brighter promise than most of her older
sisters and yet the future ia bright for all
of u.s. California, still in her youth, can
look forward to such growth for all our
other.
In this growth, in keeping and increasing
our prosperity, the most important factor
must be the character of our citizenship.
Nothing can take the place of the average
quality OF energy, thrift. business enter
y
whole. Unless the average individual in
our nation has to high degree the qualities
that command success we cannot expect to
deserve it or to keep what it brings; and
from the very fact that there is this high
quality Of character in the average American
citizen.
wise legisla ton and upright and honest
enforcement of the La ws. We have at
v,al nf nY1iN
well being and Of economic lea dership
in the information business world under
a tariff policy in which l think that our
people, as a whole, have acquiesced as es-
sentially wise, al like from the standpoint
of the manufa cturer, the merchant, the
farmer and the wage worker. and doubtless
as our needs shift it will be necessary
to reapply in its details this system. so
as to meet these shifting needs; but 1t would
certainly seem, from the standpoint Of our
business interests, most unwise to abandon
the general policy Of the system under
! which our success has been 80 signal.
I'm financial matters we are to be con-
graduated upon having definitely deter
upon gold basis; for to follow any other
course would have meant disaster so wide
! spread that 1t would he difficult to overes-
! innate it. There is, however, unque~-
tionably need Of enacting further financial
| legislation so as to provide for greater elias
I
/ AT present there are certain seasons
| during which the rigidity Of our currency
system causesa stringency, which is very
| unfortunate In its effects.
1The last Congress. in its wisdom, took up
and disposed Of matters OF vital moment,
such az those dealing with the regulation
and supervision Of the great corporations
| commonly known as trusts, with securing
| in effective fashion the abolition OF rebates
| by transportation companies, that is with
securing fair play as between the big man
| and the little man in getting their products
to market, and in initiating the national
system Of irrigation.
$50, in my judgment, the Congress- that
| Ia to assemble next fall should take up and
dispose Of the pressing questions relating
| to banking and currency. / believe that
| such action will be taken. and l am sure
that it ought to be taken. 1t is needed
| in the interests of the business world and
! II is needed even more in the interests of
the world of producers, OF earth tillers,
| Of men who make their living by the product
| OF the farm and ranch. Such action would
| supplement in fitting style the excellent
| work that has already been done Of recent
years az regards our monetary system"
| The President visited Leland Stanford,
Jr., University at Palo Alto this morning.
He went into the regular biweeklv assem-
| bly, of the students and was received with
| tremendous cheers for himself, for Harvard
! and for President David Starr Jordan.
| He made q speech in which he elaborated
the argument for the preservation Of Cali
| fornia's big trees which he made yesterday
| os,l anita roAlt