New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-07-24
SHAW AT COLLEGE POINT.
TELLS PARTIES RECORDS.
Recalls Financial Measures at Re
publican Celebration.

The United Republican Associations of Queens
County celebrated the serni-centenniaI anniver-
sary OF the birth OF the party yesterday after
noon at DonneIIy's Park. College Point Not
less than four Thousand Republicans were pres
ent. Each of the five wards of Queens was rep
resented by one more big delegations. Most
of these delegations marched in with banners
flying. and preceded by brass bands. There
were also present many Republicans from Mas
sau and Suffolk counties. Among these latter
were noticed Assemblyman William W. Cocks
Of Nassau, and former State Senator William
NJ Mckinney. of Suffolk. who are rival as
pirants for the Congressional nomination from
that district: also John Lewis ChiIds of Floral
Park; County Treasurer Charles F. Lewis and
Sheriff Jerome B. Johnson. of Nassau Another
distinguished guest from out of the county was
United States District Attorney William J.
Youngs. from Brooklyn
The celebration proved successful even beyond
anticipations. and result the party in
Queens is probably more nearly a unit to-day
than IL has been at any time before since 1890
when the chairman Of the county committee was
accused OF selling out ex-Sherin Henry Doht.
The Republicans prior to that time hadl
every important office in the county-Borough
President County Judge. County Clerk and
Sheriff Now they have none. The rupture
which this breach caused. and the minor dis
u
sion last year, were pretty well healed yester-
day. and the outlook for RepubIicanism in
Queens this year is brighter than for some years
past
Leslie NJ Shaw. Secretary of the Treasury
who was the principal speaker OF the day. ar
rived at the park shortly after O'Clock He
came In automobile With him were Colonel
Charles NJ Treat. Lucien Knapp OF Long Island
City and John W Bennett, chairman of the
Queens Republican Committee. Secretary Shaw
after introductions and greetings. was escorted
to the pavilion where the speaking was to take
place. This was the signal for everything else
70 be abandoned, and all present thronged into
The pavilion Former County Judge Harrison
s Moore was the presiding officer. The Star
Spangled Banner was sung everybody stand
ing. The accompaniment was by Mitthauer's
military band. Clay Nj. Greene. OF Bayside
read. original poem on The Day We CeIe-
brate"
SECRETARY sHAW's SPEECH
Chairman Moore then formally introduced
Secretary Shaw. who spoke as follows:
have time refer TO the record Of the two prin-
epal parties on only one general subject TheTe is
no question so essential TO the prosperity and com
mercial advancement of a people sound financial
policies
s1 %P o e GS BsnR Of the m W asd r 5 5ns
when the charter was about TO expire. in 1911. a
~
10 renew its charter was vetoed by President Jack
son Upon this Veto more than upon any other
single act Of his administration within the ranks
patron saint of that party. Having killed what
Bank Of England and the Sank of France. it would
not have seemed Treguar = had ne recommended
mended nothing. In the absence of a recOmmenda-
prietv have evolved financial scheme. but it did
When the Republican party came into power IT
authorized large numoer OF national banks.
department. ana gave theIn authorlty 70 issue re
deemable currency under appropriate safeguards
sI@nsI It ong f af rom pSecog % think I tS WHY
unites in the verdict that il is the best system
known 20 man. For its existence the people are
of only three votes in the two houses OF Congress
clte tne Ia0t as ,Il 81 nc SJlssilS
currency is reasonably sound. and that the con-
on the same great question is both unsound and
There being authorized government bank dur
ing Democratic supremacy in which the revenues
became necessary 10 establish sub treasures which
was done IN 1872 SHSh creas1 as - eSe any one isr
segregation OF whatever revenues the government
TTS,s er er Sna' ma bv e SGa ia dn mo 9re
VS. oIsoe - fo- as nar discover no observation-disclosures
was ever submitted bv Democratic President to
or kiTd Of banks, In other words our opponents
develoned no plan rIaT whatevfr T but simply allowed
ing thus taken the funds out of circulation. kept
them Its strong ocN out OF reach or the peOnle-
RESULTS OF DEMOCRATIC NO POLICY.
The recollection OF the experiences of the people
under the Democratic no policy period still
10 be insurmOuntable objection within both
parties to the issuance even OF limited volume
Of credit currency by banks directly under the su-
pervision of the government. with every possible
and with ample provision for its
demptiOn IN gold safesuarded and guaranteed by
the government In other words. the experience
In those Democratic times appalling. and
the embargo upon commerce great. and the
chains which retarded development wer. 40
heavy. cruel and so unbreak0hle. thar the
American people. at this late date ST adder
AT the suggestion OF anything that recalls the past
The National Banking taxes out of existence
R State and private bank currency. IT levies a
20 per cent tax upon eVerythins except national
bank notes designed to circulate money. The
opposition in its atCorm Of 1892 demanded the re-
peal OF this 10 per cent tax. and the CONSEQUENT
return 20 the non-paternal policy of letting any
body and everybody issue anything and every thing
that the peoDle can be induced to accept. In har-
monS with this platform in 1900. pending bill to
establish the gold standard. the Democrats in tho
Senate proposed an amendment removing tnis tax
upon wildcat currency and supported Il - to /