New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-11-18
DINER At DELM0NIC0'S.


November q. and Il viii then be out or the
question for TO get away.
The Chamber of Commerce OF the state OF
New-York occupies a unique position. IL Is dis
tnguished not only by its long history aha bg
the vast Importance OF the business interests
which il represents. but also Tor The hlgh type
80 public and business morality which II repre-
SCENTS I pay YOU nc idle compliment The rec
ORD ~ the men YOU have chosen as preSloei ,
the record Of the in which the Nhaiiioet
a. Commerce has from time 20 time been ioe .r
aifed. and. above all the standard OF business
Integrity which the Chamber Of Commerce ms
consistently represented. and which IL mas oe-
rnanded among those for whom II mas N any
way stood sponsor shows the truth OF what say
j. is surely unnecessary to add that no ooGy OF
men render a greater service. not only 70
the American business world hut 70 the Amer,
can body polite, than has thus been rehoefeI
nv the Chamber of Commerce Inc true locet
q This country IS that hand in hand WIN Us
seat material development there shaIi go q ne,
nd fine sense OF responsibility TO the pubic %
the part OF those whose power ana aoAI ., 81 -
bic them 10 take the led IN inns mo
,elopnnent- II Is the good fortune not ohig "a
she state Of New-YorlS. but OF an our people'
that We can conscientiously say Of the CHAMBER
a Commerce that among its members We nav
FOUND 10 an unusually high degree tlls
zion Of great business ability with the Spill
which pracIises and demands integrity III PuN''N
and private affairs alike. . - 49,,
l35th anniversary Of the Chambers foundation
emo profoundly regret my inaDhhy 10 oe i"es
ent with you. Sincerely yours, -,-,-r-,
THEODORE ROOSEVELT
toast 10 The President was drunk stand
snE. amid great cheering. and was followed oy
one 20 His Majesty. Edward VII" a; which the
orchestra played God Save the King
SECRETARY sHAws SPEECH
President Jesup then introduced Secretary
shaw. whose speech WAS followed with muoh
interest Secretary Shaw said;
The only unprotected American industry IS us
,-,err5a1t marine An act of Congress, approved
Nv George Washington. and never repealed th9I8h
&c Ens4Esn shIpwrieht the American shipowner
and the american flag monopoiy ln our S sint
wise trade and We have not only the most ~ tb
service but the cheapest coastWlse rates IN ne
30 frspScontinertsl railways have been granted
liberal subsidies Of moneys and lan9s p'l md he
cheapest rates enjoyed by any people, ho - IL
s-ozeTnn5ert Through government encouragement
and protection our factories turn oul nlore nl ~
~ man bv mo- than SSoo0OcaOoo year. by
w., and Nv government encoura cement through
subsidized trsnscontnental railways ana sunsiis
mo- 1 , ,I5,5t ~ our 0e5 900 farms exceeds
nc anna 49, .,,,,-,.nf ~ olI- mining in
dustries has been encourages by many dlrec No or
Eressonal enactments. and because th'[eo. e
because Of the unequaed railW'y and coaS1N ls
facilities to which have referred our mineral OUT
put has passed the billion dollar line C9as wise
vessels unload upon the shores o. sIIgle So
Without attempting 70 give the reasons therefor.
content myself with sJatipg the taG5 ,, c4 foreign
commerce 10 transport as We have now yet We
ego. three times as much foreign commerce as We
carry to-day. These conditions may oe satlsfas-
rorv to vou They seem 10 be Satisfactory 70
many T5ut they are satisfactory 10 me.
,afr,s s' are wiling to subzidize ships carry
our freight, it inures TO our aayanJsge. IBIS rs
ference Il there were no other consideration IN
se sl the1 aea ner n times 81 peace tnfortunatey
however. there are many other and weighuer con-
siderations.
o1-R WEAK POINT IN WAR.
E,urinC the Spanish War. which lasted less than
- DAYS. purchased or chertSea IoFJy stIafIl
an5 t;IIw coasts war apprehensive of an unwaTned
s!taeSk sne s5S Mont, e00T Christi maeinsd they
could hear firing or TO the southwost =, II Wal
powers q EuroPe our forsign oqmm 6e w Te.
absenoe-@f available colliers and transports were
The proudest navy in the world Is utterly worth
As certain As the world -evclves the time VIII
when our people VIII give more neee 20 e Sc
american republics south Africa. the islands south
Pacise Ocean And there are no such agents o.
oommerce IS represe1tatEes 81 l Ii,s ~
steamship communication between our ports ano
raving the loss until our trade snouio De eSlap-
fshed. what would be the result: represent
tory in the land begging for the production OF
desires and whims Of the countries for which they
were intended A2d mark YOU seteI1e1, a LOT
means domestic market for at least SsoV" o.
Nor would this be all. The establishment Of trade
su Nosp COLI
warehouses the American 9Tanch o1ces alI VI,
American banks. The conflict between the giea'
powers Of the world is longer military. but com
stations IN the direction have indicated but she
and out Of these are liable TO rise Goupica 1oi.s
fully intricate and vastly more delicate. fort-
unately the Venezuelan matter Is being settled b!
arbitration Cod grant that all difficulties OF this
charac,er that may hereafter arise the Western
heTnisphere may be solved IL the same way. II We
had share OF the commerce 10 the south and
west OF instead OF palty ~ per cent We would
he IN = position 10 insist that they should be 50
settled.
We arr going TO build the Panama Canal. We
shink Il win be a great thing for Did You ever
stop TO fhnk every other country viii have the
heneat Of "a? We going spend the money tC
built "a. and will police h. and then we will
shrow a. open 60 the commerce OF the world an
yealous Of the hour when We shall begin 20 shove
dirt. We not going 90 let the time 20 waste
in carrying this canal project. We must have
she trade with countries the south Of Dc
sou know IL takes ship longer 70 20 from New-forl
10 San Francisco by way Of Cape Horn than from
liverpool San Francisco: DO you know safinE
vessels go quicker from London 90 san francisco
through Canal than from New-EOrk 60 Ssr
frsncisoo by way Of Cape Horn@ Once let US build
she Panama Canal and this condition VIII he don'
sway with. We have outlet for trade
Otherwlse resources might well be on tb'
isand of Martinique
am not contendinr tor ship subsidies. II an.
more feasible course can be devised But II shiI
am for chip subsidies. II some other measure vii
insure MERCHANT marine. then am for some othe1
merchant marine then ] am fer AL such meas
ures.
SENATOR ALLISON'S SPEECH.
Senator Allison. introduced as the Nestor q
the United States Senate Was the next speaker
Bis toast was The Senate Of the United
States and he explained how the Senate did
not represent the people Of the States. but the
States themselves He told Of the working OF
the Senate When ne declared that all disputes