The Washington herald., 1907-11-22
DINERSTALKFINANCE
New York Chamber of Com
merce Hears Views.
NOTED MEN THE SPEAKERS
One Hundred and Thirty-ninth An
nuaI Banquet EnIivened by Words
atOrs SpOOner and HOar, and Leslie
VI. ShRw-Three Hundred Present.

New York, Nov. 21.-The chamber Of
commerce dined for the one hundred and
thirty-ninth time IN that many years to-
night at the Waldorf-Astoria, in high ex-
pectation OF having some soothing words
on the financial situation after dinner
from Secretary Cortelyou- He was unable
to be there. however. and sent letter
Of regret which pointed out that his du-
ties In Washington required his attention.
AS one who might know about Treas
ury matters. Leslie NJ Shaw. formerly
Secretary Of the Treasury. talked in Mr..
Cortelyou's place. The dinner was ex-
pected 70 have international flavor. be-
cause NJ. Jusserand, the French Ambas-
sador; Baron Speck Won Sternburg, the
German Ambassador, and Baron Rosen.
the Russian Ambassador, were down 10
answer to the toasts, but Baron Won
stern6urg sent a letter, being unable to
attend
There were more than 800 persons who
sat down to the dinner. On the platform
at the Presidents table were ]. Edward
Simmons. president Of the Chamber OF
Commerce: NJ. Jusserand, Baron Rosen,
Maj. Gen. Frederick Grant, L. s. A:
Rear Admiral Caspar +. Goodrich, L. S
n; ex-senator John G. SpOoner. Senator
ChaUncey NJ. Depew, William Butler
Duncan, Charles Smith. William Barrett
Ridgely, Lucieu Bonzom, acting consul
general of France, in New York. and
Nicholas de Ladygensky. consul general
OF Russia in this city.
There was a cheer when some one
Jumped up. waived his arms violently,
and called out: "Chree cheers for Presi-
dent Roosevelt" The resultant noise al
most drowned out an orchestra which
was playing the national air, and was
quite as loud as subsequent cheers for
the President Of France. the German
Emperor, and the Car of Russia.
French Ambassador Speaks.
NJ. Jusserand spoke of the cordial rela-
tiOns between the French and the Amerl-
cans, and voiced a hope that they would
continue He likened the financial situa-
ton to a storm at sea. and said that
the steadiness Of the crew should win
praise abroad He also gave It as his
opinion that the storm was "a fancy
storm, a maSe-believe."
"The shadows being dispelled," he con-
tinued. the most timorous have to recog-
nize that the railroads of America con-
tinue to exist and to persist in carrying
passengers and freight; that mines have
not sunk TO the center Of the earth; that
the cotton plants continue TO produce cot
ton and the cornfelds TO produce corn.
Doubling Thomases Will find that the de-
preston has resulted in an increase Of
S24o,0O0,oOO in the foreign trade of the
United States"
lie spoke further of the fact that bad
politics spoil good trade, and said that it
was being prophesied that the tariffs
would be remodeled some day. NJ Jus
serand gave Il as his opinion that ad
valorem taxes and the many formaIties
that have to be gone through with are
worse than the tariff, and said that trade
could be made moro direct and to the
point. He said that Mr.. Shaw and AIr
Cortelyou had done much in this di1ec-
ton.
Letters Of regret wer read then from
Baron Won Sternberg and James Bryce
the British Ambassador. Baron Rosen
then arose TO speak. He told q story of
the blizzard Of 1SSS, when he was in this
city On a snowbank in Broadway. boys
had posted a sign. Keep of the grass"
The safest way of keeping off any ora
torical grass. he said, would be to prac-
tice the teaching Of that Oriental sage.
who held that speech was silver, but 81
lence was golden; sI. therefore, feel
tempted now to put myself on a gold
basis"
But the honor of addressing the men
who. with those who have preceded them,
as members of this ancient and venerable
body, were so greatly instrumental in
making the city what II is to-day. and
who are going TO make 1t what it is des-
tined TO be, the center of the worlds
commerce and finance, I cannot resist the
temptation to register a claim to a mod
est share-not, indeed. in their achieve
ments, but in their civic pride and IN the
growth of their city
Baron Rosen based part Of this state
ment on the fact that he had spent his
honeymoon here, and he was heartily
MessrS. c, G.. Sloan c Co