Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-03-27

was a province of Great Britain; but we
welcome you not less warmly as an old and
valued friend. We recognize in you one
who long ago saw behind the crudity which
Dickens made fun of in Martin Chuzzle-
witt the earnestness which gave a Lincoln
to the world In time of stress. We welcome
you as one who, having seen this vision
himself. has tried to make it clear to
others"
Bryce on New York's Growth.
Mr.. Bryce, after expressing his apprecia-
ton Of the greeting he had received. said
in part:
mo one can visit New York without be-
ing struck by the amazing progress which
has been made. There is not in the whole
world any gate through which so much
commerce passes in and out. there Is no
place from which the products of a whole
continent go forth from one port into what
Homer called the wide waved sea- from
which they are scattered to the farthest
lands, as the port of New York. There is
no port through which so many articles
enter from every part of the earth. Indeed,
it is becoming the greatest Of civilized
marts.
I'm fact. there is no limit that can be
set to the growth of your city. All things,
some one has said, come to an end: even
sensational trials. I suppose, will have to
end some day; but there are two things
to which there seems to be no end. One
is the growth of the size OF the great At
lantic liners, and the other is the growth
of the city of New York That is a salts
factory thing, not only because 1t wit
nesses to the immense prosperity of the
country behind New York, through which
the commerce comes which you handle,
but also because this increasing COM
merce is one of the most important of all
the ties that bind each country TO an
other.
Il look forward to the continual growth
Of commerce as being means of ,ecur-
ing the sense of peace and that sense of
security by which alone commerce can
prosper. No wise man wants to quarrel
to get commerce. Two countries which
take from one another what each needs
are obliged to feel an interest in one an
others welfare; they are obliged to desire
to maintain peace with one another. Trade
needs peace and trade needs security, and
1 look upon the unprecedented growth Of
trade between you and Great Britain.
trade which 1 believe has reached now a
higher point than ever before-I look upon
1t with the utmost satisfaction and pleas
ure as being a guarantees substantial,
material guarantee-that the relations OF
peace and goodwill rest upon material
as well a sentimental basis.
THE more trade countries have with
one another the better. 1t is in the order
of nature that every country should pro-
duce that which it can produce best and
produce most cheaply. and should
send 1t to every other country. 1t is in
the order of nature that international trade
should exist. and it is also in the order of
civilization. 1t is also in the interest of
peace. 1t is in the interest of confidence.
The more each takes and the more each
gives, the better it is for both and the bet
ter it is for the confidence of the world.
You do business here, gentlemen, in a
very bold and dashing way. You have
now become one of the two greatest finan-
cial centers of the world. But that sug-
gests another reflection.
Our Prosperity Assured.
Trade must, under modern conditions.
go on as it goes on In such a country as
this. Oscillations in trade, oscillations in
stock securities-they are as inevitable as
changes in the temperature and changes in
the barometer in our atmosphere All that
we can do is to meet them with serenity
All that we can do is to know-and happily
you can know that-that they do not neces-
sarily represent any decline in the condi-
lions which make for real prosperity.
venture to believe, although I speak 1t with
great difidence to an audience who know
far more about these things than | could
possibly claim to know-I do believe that
those oscillations which occasionally occur
here. and I might say the same in less
degree about the similar oscillations which
occur in England, do not affect the perma-
nent prosperity and the stability of great
undertakings or of commerce at home
(Applause)
They do not. I believe, reveal anything
that is unsound in the material condition
of the country So far as 1 can venture
to form an opinion, the industries and the
commerce of the whole continent of the
United States and of Canada also which
is advancing with rapid strides, are in a
state of stable and assured prosperity No
contingency can arise which your trade in
general is not fit to grapple WITH and with
your practically inexhaustible natural re-
sources and with the energy and capacity
of your people it could not be otherwise
This Is ground for satisfaction, gentle
men, to all of us in England, as l think 1t