New-York tribune., 1907-09-25
CORTELYOU AT OPENING
Praises Dir. Udndmakcr ana HIS
ENLARGED Store.

George b. Cortelyou. Secretary of the treasury
came on from Washington yesterday 70 De pres
"a, ae tho chief guest last evening at the forna'
opening of the enlarged Wanamaker store IN TINS
citv Nearly four hundred representative business
men in retail lines newspaper men, puoIC oiI'i".'
and educators. were guests with the 'ao"le' o'-
fcer
The auditorium in the new building was the
meeting place. and there MI Wanamaker greeted
his guests and bade them welcome Among other
things. he said:
could not excuse myself for calling about me
were IL not FOR the deep conviction nave @ ,ha'
you agree with me that the establishment OF ev.ty @
of civic pride and friendly interest. and that II
must add 20 the wealth. WONDER anu ,I6,'ss1ds
all the land ready to follow a marked copy.
/ cannot but add that with no more than aver
age normal conditions OF the public mind there IS
good reason TO eXpcCt-at least In the nIercaI.lIe
World-steady and permanent progress The nfT fh
main their earnings and capital have come To men;
slowly and most OF them through long couTSt cI i %.
years and by their own personal efforts, ana 'Tey &
have learned carcfulness and provldense. s lns
merchants lie Is not spasIl oGt a pauent, an,
steady growth There are no tidal waves; quiIkIy
Street and monetary conditions. yes, but never
seriously involved The merchant nowadays that
rule. and such failures are covered with irrecoV-
The ftandards of Integrity Of the mercantile
world at this time rank with the highest Of every
calling It is a great honor to be a merchant.
May ! add also that II Is my firm belief that there
is in sight to-day. through our cities solid. sub
stantal and steady prosperity for the United
states. The Christening and disaster Of overdone
mining and railroadins have not been N'IaoGt t
world. which has protted At small expense
by the schooling Of their brothers. The prosperity
of Americas manufacturing storckeeplng; ana lis a5
vast army Of work people, has never been so Wei
assured. as II is in the autumn OF 1901
Neither speculation nor Inc mistakes az man
agement OF great public interests. when such mis-
takes are not chronic nor irremediabe. shall turn
back the clock for long or s5lonsly ooStru't INC
onward march Of this the first nation on the race
at stake to stand either for the bad in business
life to surrender at any temporary dsc"urags age,
interests Of s0C0Uo OF people will not he suffered
to be set back by the gains of financial or bus-
Tonight we wheel into line all the buildings and
schnery We own ana an T., The b columns Of the
victorious army. With your good VIII any one
could win.
DR.. j. X Dixon gave an illustrated story OF the
store and the guests were then invited to inspect
the building and stock of goods. meeting in the
restaurant at I o'clock for the dinner. In additi-
tion To Mr. Wanamaker and Secretary cortelyou
the following were seated on the dais: Eloert Hun-
bard of East Aurora: Colonel William Jay. Oswald
Ci Willard William p. Tilden. Stewart l. Wood
ford James NJ Beck DR.. Talcott Williams, Colonel
George Harvey. Albert Shaw. st. Clair Mckelway.
job T.. Hedges. Herman F. Metz. Don {. Seitz.
S S Mcclure. William II. Porter Levi L. Rue,
Lincoln Godfrey and General Louis Wagner.
In introducing Secretary Cortelyou Mr wanna
maker referred to him, after briefly sketchng his
career as the kind that never stops the man
that doesn't talk. but does things. The Secretary
said no higher compliment could be paid to him
than to number him among the workers. He then
said
ma, - he present at the dedication of such n
building this so splendid In It's proportions and
VINO are at all times resident here but those whom
duty calls for time at least to other places VINO
realize most the deep slgnhcance attachinS to the
completion OF new inannoth i tt ~ o' te
eStb hGTs n mnnnfacturt in trade in buildings and
better still in those enterprises which have for
their the moral uplift of the citzenthat those
enough to note the tremendous changes may well
at the grit with Thieh 0nb yo1 1ery tbsn invade ,
a population under one roof that equals the aver
the world by its varied activities and achievements.
We have much to snow the world as evidence of
there is nothing in that respect that we should
With ha as @ nna aS the IN afs
ii made the American home. the American
school and the American savings bank the envy of
the world tempting thousands TO our shores every
day to share our prosperity and our, our contentment
life here am naturally proud of its commanding
and in the large part it has played and is stilI
playing in the development of our country. We
think Of city often money centre that
Snary we No other American citv in MANI s
spacts EQUALS it in manufactures it turns ' out =
billion and a half In manufactures each year and
pays out more than half a billion in wages in fac
tories alone The merchandise shipped from this
port i'm year ended June 30. 1907 valued
at 1921 9i9 S5T while the imports $3.50, ,696 952
In the banks and trust companies there de
posi,s of $3.i7S.0462l1. In another branch the
ssovernment~the Postofiice Department-in which
have especial interest, an interest which /
am sure is shared by my predecessor i'm that de-
the honored head of this great
the figures also enormous Your
postofice takes in than twenty-one million
dollars year and handles more than million
pieces of mail every day.
Mr. Wanamaker. | know well the story of your
4yentful life Ny grandfather Peter G. Corteyou.
Nas privileged TO know intimately that hghnfinded
and splendid ornament to the profess
sion of iourna ism. George w. Childs. who in
.arIv struggles in Philadelphia the possibilities |
1f YOUR future and stood by you Loyalty in times
If stress and storm You have vindiCated his judg
nent 1t is very happy coincidence that to-day |
which witnesses the inaugural inspection of this /
lofa BILE building. marking as II does so large de-
gree of accomplishment in the world of business |
rou should find among those grouped about you I,
nanv representatives of the profession which
hat odtime friend and supporter did so much |
o advance and whose example of honesty and |
ea lessness is so Worthily emulated by many and |
S so worthy of emulation by many more.
To you and others like you who build these great