DEPEW ADDRESSES MD LITERARY '•CONTRIBUTIONS. (UnrnpU Haui irljnnl ICtbraty 3 1924 024 334 389 ADDRESSES AND LITERARY CONTRIBUTIONS ON THE THRESHOLD OF EIQHTY-TWO BY CHAUNCEY M. DEPEW f £J "Keep A-Goin'" If you strike a thorn or rose, If it hails or if it snows. Keep a-goin'! 'Tain't no use to sit and whine When the fish ain't on your line. Bait your hook and keep a-tryin', Keep a-goin'! When the weather kills your crop, When you tumble from the top. Keep a-goin'! S'pose you're out o' evCry dime, Bein' so ain't any crime, Tell the world you're feelin' prime, Keep a-goin'! When it looks like all is up, Keep a-goin'! Drain the sweetness from the cup, Keep a-goin' ! See the wild birds on the wing. Hear the bells thai sweetly ring. When you feel like sighin', sing. Keep a-goin' ! By permission of the author, Mr. Frank L. Stanton. Cornell University Library The original of tliis bool< is in tlie Cornell University Library. There are no known copyright restrictions in the United States on the use of the text. http://www.archive.org/details/cu31924024334389 «l ... vf^' SPEECH^ BY THE HON. CHAUNCEY M. DEPEW on His Eightieth Birthday at the Montauk Club of Brooklyn, April 25, 1914, being the Twenty-third Annual Birthday Dinner given Him by this Club. Mr. President and Gentlemen of the Montauk Club : It is self-evident that these celebrations must find me eighty. That period has arrived and as they reckoned in the ancient times on the twenty-third day of April in the year of our Lord one thousand nine hundred and fourteen (this is an incident) and the twenty-third of the annual dinners by the Montauk Club in honor of his birthday (this is important) — Chauncey M. Depew became eighty years of age. The club chronicler will record that he was in all respect in as good condition as on the first of these happy events nearly a quarter of a century ago. There is only one minor note in our joy, and that is the absence of so many who were in that original charming company. But their places have been taken by their sons, and to me the first of these remarkable gatherings is so recreated that I seem to be greeted and welcomed by the same good fellows and cordial friends. Eighty seems to be universally regarded as a sort of almost impossible climacteric. In all countries and among all peoples it is an event, and as everybody is hoping to reach the same age, the days of the man of eighty are shortened by everybody anxiously asking, "How did you do it? Give us the combination." The Psalmist gave distinction to this age by his decla- ration in the ninetieth psalm, "The days of our age are three score and ten and though men be so strong that they come to four score years, yet is their strength then but labor and sorrow; so soon passeth it away and we are gone." But 4 times were far different when the Psalmist wrote. The sanita- tion of to-day, the methods for preserving health, the wonder- ful discoveries in medicine and surgery, the elimination of per- ils to life and eugenics were then unknown. It is a trib- ute to their outdoor life that any of them lived to seventy. No one, even with all the knowledge and skill in our day, could hope to reach eighty if he enjoyed all the pleasures of David, nor would we even at seventy be improved by the remedy King David's physicians devised to keep him warm. John Bigelow writing his memoirs at ninety-two was as cheerful, hopeful, charming and inspiring a man as I knew of any age, and for ten years showed no sign that beyond eighty "his strength was but labor and sorrow." Neither did Gladstone whom I met in the flush of his great victory at eighty-three. The German Ambassador records that Thiers at eighty-four in his discussions with him, which saved France, was the liveliest and ablest Frenchman whom he had met. I found Lord Halsbury, ex-Lord Chancellor of England, one of the most active and interesting of men at eighty-five, and now at eighty-seven he is writing a monumental work, the revision and codification of the laws of England. Lord Palmerston, when Prime Minister at eighty-three, said that the prime of life was seventy-nine, and Sir William Crooks, the scientist, says he has at eighty-one been so absorbed in the marvels of science and its possibilities that age has never occurred to him and he has laid out work which will require fifty years to complete. As an example from the industrial world, I was associated as an Attorney with Commodore Vanderbilt during the later years of his life. He was more alert, wise and effi- cient at eighty than at any period and the acknowledged leader in the railway enterprises of that time. A few years ago gray hairs were a fatal handicap to em- ployment. Professor Osier did a good service for the un- employed when he declared that at sixty we should be chloro- formed. It led to wide and universal discussion and developed the fact that the best work in every department of human endeavor is done by men over fifty. Our Presidents are vigorous illust^^ations. Taft was never so active as now, Colonel Roosevelt is hailed as the most active and resourceful man of our time, and Wilson- leads his Party and Congress, with the same obedience from both, as Napoleon had from the Old Guard. Edison told me twenty-odd years ago that he intended to bring grand opera within the reach and enjoy- ment of the masses in city and country. The cinematograph would put upon the film the moving picture of Melba, Patti or Caruso in action, while the phonograph would at the moment record the voice. He thought he could make the illusion so perfect that there would be no difference in expression, ges- ture, action and voice between the living presentation at the opera and its mimic reproduction on the village stage. Since that conversation the great wizard has given to the world many inventions of inestimable value, but always working on his original idea, he celebrated his sixty-seventh birthday last month by laboring in his laboratory to perfect this marvel. The Supreme Court of the United States is the most powerful judicial body in the world. Its Judges were never worked so hard nor more efficient than now. Chief Justice White is brilliantly meeting the responsibilities and performing the duties of his great office at sixty-seven, and the Associate Justices illustrate the value of maturity with wisdom, discretion and fearless patience. The seven wonders of the world which engrossed the admiration of the ancients, and the seven wonders of the Renaissance period seem trivial compared with the achieve- ments of the period in which it has been my privilege to live and work. I was thirteen years old when the Hudson River Railroad completed its fir.st forty miles from New York to Peekskill. I remember as if it were yesterday the great crowds from fifty miles around, the wild excitement of the people as the train rolled into the station grounds and the shouts and screams as the whistle blew, while drivers could not control their horses. In describing the scene at a dinner in Europe last summer, I said that the last seen or -heard of a prosperous farmer whose blooded team bolted when the whistle of the locomotive blew was his hair flying in the wind as his horses were running away oyer the hill, and they doubtless were running still. "That is impossible, sir," said a grave banker. "That happened sixty-six years ago." That forty-four miles of railroad has expanded into a system of twenty thousand, and that boy became and was for thirteen years its President. It was one of t)ie first of the network of rails which ties the West, the Northwest and the Pacific to New York, and which have developed the wilderness into pop- ulous and prosperous communities and made the City of New York the metropolis of the western hemisphere and a finan- cial and industrial center second to none in the world. We have become so familiar with the telephone and it has become such a necessity in our family, social and business life, that we seem always to have had it, but Graham Bell's invention was made only thirty-seven years ago, and the phonograph was revealed to the world by Edison one year later in 1877. Roentgen discovered the X-rays in 1895, only seventeen years ago, and their use in surgery has been one of the blessings of the age. It is only recently that we have photographs of daring operators, who are encountering perils unknown to the hunter or explorer, in revealing to the world wild beasts at rest and in attack, volcanoes in eruption, and shells exploding on battlefields with the photographer on the firing line. It is reported that Villa is accompanied by a cine- matograph operator with whom he is in partnership, and that the charge may be halted with men dropping dead or wounded all about if the films need adjustment. It is onfy within ten years that Marconi has perfected the most beneficent in- vention of all time — the wireless telegraph. Within the same short period radium has revolutionized science, and added in- calculable resources to the equipment of the physician in com- bating diseases which have heretofore baffled his skill. Dr. Carrel, within the year at the Rockefeller Institute by demon- strating that tissues can be kept alive almost indefinitely and successfully grafted, has proved that there is certainty in the speculations of the possibility of prolonging life. In Febru- ary of this year President Wilson pressed the button of the electric wire which blew up the Gamboa dam and united the waters of the Atlantic and Pacific oceans. The aspirations of Columbus had been attained, the dream of Charles the Fifth of Spain realized, but not under the Spanish flag. In the month of February four hundred and ninety years before, Balboa saw the Pacific from the heights of Darien. He de- scended to the shore, and wading into the sea raised his sword, proclaiming that the Pacific ocean and all lands ad- joining were annexed to Spain. Eight years after, Magellan found and added to the crown of Spain the Philippine Is- lands. Now, this achievement of the greatest of enterprises by a new people with institutions and liberties which Charles the Fifth and Kis successors fought for five hundred years, and with a world power and prestige far surpassing that of this mighty monarch, and that same people governing and preparing the Philippines for self-government, makes us rev- erently repeat what Morse sjiid on the success of the telegraph, "What God hath wrought." Times have greatly changed during my recollections of seventy and intense activities of sixty years. We are not happier, but have more opportunities for happiness. Unrest has kept pace with progress. The atmosphere of the village in those earlier days was ideal. There were no very rich or very poor. Church-going was universal and there was a genuine Christian democracy. There was much more admi- ration than envy of the prosperous. Most of the families had lived in the village for generations and knowledge of family origin and history was destructive of snobbery. The repro- ductions of family traits in children and grandchildren culti- vated respect for heredity, and the bracing influence of honest and enterprising ancestors was recognized. One hundred thousand dollars was the limit of the hopes of the most successful. There was neither complaint nor discussion of the high cost of living, for there was no high living. The Lyceum lecture brought to appreciative audiences the best writers and thinkers. While I was a youth on the lecture committee, we had Ralph Waldo Emerson, Oliver Wendell Holmes, Theodore Parker, Henry Ward Beecher, Dr. Storrs, Dr. Chapin, Wendell Phillips and nearly every famous writer and orator in the country. Literary a.nd dramatic societies flourished among the young people, and an excellent circulat- ing library was universally patronized. There was little read- ing or interest on sociological questions, and the subject of sex was not permitted in literature or conversation. But the 8 classic authors of the Elizabethan and Queen Anne periods, now unknown to the general reader, were eagerly devoured. Sir Walter Scott, Fenimore Cooper and Hawthorne were favorites, while the oncoming volumes of Dickens and Thackeray were eagerly welcomed. The girls could not tango or turkey trot, but were graceful in square dances and the waltz, and in the intervals on the piazza, the staircase or the conservatory were equally charming to the college graduate or the village swain. They were experts as well in the art of the cook, the skill of the dressmaker and the milliner, and the economies which get much out of little in comfort and show in the early struggling and rising days of the young married professional or business man. When he had won his way as so many did, she was equal to the responsibihties of the wife of the statesman or millionaire, and her husband gratefully acknowledged the large measure of his success which was due to his wife. Samuel Woodworth's famous song: "The old oaken bucket, the iron-bound bucket. The moss-covered bucket which hangs in the well" was true then in poetry and fact. It was common all over West- chester County. Its cool waters had refreshed Washington and Rochambeau as well as the British soldiers. Its vitaUzing properties have carried to vigorous old age multitudes of men and women. Driving home after a hot day in Court, I have often jumped over a farmer's fence, swung the long pole, dipped the old bucket into the well, drew it out and drank from the brim. I have never since had a draught of any fluid of any kind from anywhere so good and refreshing. Now both well and bucket are condemned by the Board of Health, and the bucket is found only in the museum with this label on, "An antique microbe breeder." I heard Dickens lecture, or rather recite his novels. The characters were as living realities and as close friends of mine as the members of my family. Dickens had rare talents both as a speaker and actor. Micawber, Captain Cuttle, Dick Sawyer, you saw all in his inimitable impersonations. I had for my companion a young lady, a leader of the fashionable set. "How did you like it ?" I said, entranced and delighted. "Oh, she remarked coldly, such common people are not in my set, and I never expect to meet them." Three husbands, a scandal and a divorce were her contributions to a novel of society. When a dinner was given to Dickens at the Fifth Avenue Hotel, Horace Greeley presided. As he rose to toast the g'uest, he was the personification of Pickwick, and the crowd, including Dickens, shouted with joy. I heard Thackeray de- liver his lectures — The Four Georges. His big head and mas- sive figure were very impressive. To hear him was an intel- lectual treat, and at the clubs he became one of the most popular of visitors. He wanted to do everything Americans did, and when his host had a plate of saddle rock oysters each as large as his hand put before him, Thackeray asked, "What am I to do with these?" "Swallow them whole in our way," said his host. Thackeray closed his eyes, and wheii the bivalve disappeared, remarked, "I feel as if I had swal- lowed a baby." One remarkable change in popular opinion since fifty or sixty years ago is the attitude toward rich men. The first State Convention I attended as a delegate was in 1858. Ed- win D. -Morgan was nominated for Governor, because he was the wealthiest merchant in New York. It was considered most commendable that he was willing to devote to the service pf the public the talents which had made him suc- cessful in business, and he was triumphantly elected. There were few millionaires. They were w^ll known and could be enumerated on the fingers on one hand. Then they were public-spirited citizens, now they are malefactors of great wealth. Then the people wanted railroads and the building of railroads was a hazardous speculation. They wanted more and finer steamboats. They wanted factories in their towns and offered every inducement to secure them. They wanted water powers improved and natural resources developed. They were totally unwilling to tax themselves for these objects, but vigorously applauded the men of wealth and enterprise who were willing to take the risks. Many failed and lost every- thing. Success was an illustration of the survival of the fittest. They were held to be entitled to their wealth and became popular idols. There has been no greater change in this half century than in the attitude of government to business. Business is the methods by which the individual alone or in combination with others secures the means for the support of himself and his family, provides for his old age and its infirmities, and ac- cumulates the property which will care for those dependent upon him when he is incapacitated or dies. According as he is gifted in the use of the money he makes, he adds in various degrees wealth to independence. Every step of his advance requires help of more people and adds to the amount of em- ployment available for their support of other members of the community. That there were limitless opportunities for the individual has been the pride of our people. Our institutions were founded on the individual and the genius of our govern- ment was to give him liberty and encouragement. He organ- ized and engineered the peopling and development of new territories and developed them into sovereign States of the American Union. He carried with him the church and the schoolhouse. Under his inspiration the units of the State, its counties and its towns became miniature commonwealths, ruled in their smaller dimensions by the town meeting and the more populous by representative government. All admit that this process has made the United States the most powerful, the freest, the happiest and the most prosperous nation the world has ever known. Now there is acute antagonism by the government to business. The calendars of the courts are crowded with suits under existing laws and the calendars of Congress and of the States Legislatures with bills for new laws against business. The assembling of legislative bodies is viewed with alarm, and the declaration of the President of the United States, in his recent message that he would be "kind to business," was hailed as a declaration of emancipation. The highly organized industrial nations are engaged in the fiercest rivalry in their competition for the world's mar- kets. This vast interchange has risen in value and volume from less than ten thousand millions of dollars fifty years ago II to twenty-five thousand millions ten years ago, and thirty-five thousand millions last year. Our m-ercantile marine fifty years ago had sixty-six per cent, of the tonnage of the ocean, and now in overseas or foreign freight trade it has less than nine per cent. Germany has increased her navy and mercantile marine by leaps and bounds to add to her foreign commerce and give employment to her people at home. The government through special rates on its State-owned railways, its subsidies and other favors, is practically a partner in its industrial develop- ment and exploitation. Great Britain and France are active rivals. They encourage big business at home and its exporta- tion abroad, and the commanders of their ships and their dip- lomatic and consular representatives are eager agents for the sale of the products of their factories and the penetration of their merchants with their merchandise into every com- petitive market in the world. The attitude of our government may not be hostile to American citizens and, enterprises in other lands, but it is not cordial. The doctrine of caveat emptor, or in other words at their own risk, is in the position of Americans who are thus courageous and enterprising, and some of us think also patriotic. But this wiU not last. Theo- ries yield to necessities. A congested population finding the home market insufficient for the consumption of the products of its industries, will invade other continents and force our government to respond to the needs of American enterprise. The exemption of our coastwise shipping from tolls on the Panama Canal was made under the pretext of a right which is denied by the statesmen and diplomats who made the treaty and most of our ablest lawyers who have studied it. The de- mand of the President for a repeal of the exemption is states- manlike and courageous. But the repeal was really a surrender by indirection to that governmental assistance by subsidy to our mercantile marine, which, if scientifically pursued, will once more put our flag on the seas and give us our place among mercantile nations. This conversion to old-fashioned protec- tion and subsidy under other names is of the Billy Sunday rather than the orthodox variety. It may not last, but it is progress and enlightenment. Its more recent manifestations 12 of twisting the tail of the British Lion and fighting over again the battles of Bunker Hill, Saratoga and Yorktown is the sugar-coating to the pill — the results are the same. When subsidy is denounced as a vice, but under another name is a virtue which wins votes, Pope's famous lines occur to me : "Vice is a monster of such hated mien As to be hated needs but to be seen, Yet seen too oft-familiar with her face, We first endure, then pity, then embrace." The statesmen who are using destructive, instead of constructive methods toward business are able and patriotic men. But few of them have ever been in touch with af- fairs or have any practical knowledge of the vast and com- plicated machinery which moves and controls modern credit, finance and industry. The two most used and most abused words in the language are "efficiency" and "privilege." The efficiency expert says to the harassed railway's official or manufacturer, "You do not require relief from intolerable burdens. If you understood your business, you would carry them with ease and profit." In other words, speed up labor, and this the efficiency fraud knows that labor unions very properly will not permit employers, especially corporations, to do. Though laws are equal and all have the same chance, yet in our new vocabulary prosperity becomes "privilege" and dangerous to the public welfare. Secretary Lamar of the Cabinet of Mr. Cleveland made a speech at a famous dinner in New York. The speeches were long and serious. I came on last, and to relieve the situation, indulged in some fun at the expense of those who had preceded me, including Mr. Lamar. He was much worried for fear my forced construction would be taken seriously and ■ complained that a Cabinet Minister speaks for his Administra- tion and for the time is the mouthpiece of his President. Mr. Cleveland enforced this view and told me that one of his Cabinet^ who was to orate on a patriotic occasion in the South, submitted to him the manuscript in advance. The President said to him : "It is all right, but will take three hours, 13 and no New York audience would stand that." To which the Minister answered, "In South Carolina an audience wants five hours and insists on three." That rule of the responsibility of the Cabinet was in force long before Mr. Cleveland, but does not prevail with the New Freedom. The Postmaster-General advocates the taking over by the government of the telegraphs and the telephones. Since this was done in England, the telephone service has become so bad. that churches complain of the increase of profanity, and in Paris the service is so im- possible that they are in despair of the Republic. The deficiencies in operations in both countries are so great that they embarrass the finance ministers and the squeeze draws another groan of. anguish from the taxpayers. It is a step in centralization which makes Jefferson a myth and Hamilton -the guide of our policies. It is not believed that the Presi- dent is in sympathy with this far-reaching scheme, but its advocacy from such a source adds to uncertainty, and un- certainty is the mother of unrest. The newspapers reported the Secretary of Labor as pre- senting in a speech a new doctrine on property. It was in effect that a man's or a woman's title to property depends upon the will of the community. If the neighbors do not think the owner makes a use of it which a majority approves, they will vote it away. Attach to this doctrine the progressive idea of the recall of Judges and decisions and the situation is both novel and entertaining. The crowd votes that the unpopular man shall be deprived of his home. He appeals to the courts, which would decide a man cannot be deprived of his property without due compensation. The same crowd which voted to take the poor fellow's house or farm vote to recall the decision, and it then becomes law. Every expres- sion and action of the President is against any such doctrine. But it gives a boost to uncertainty and more nerves to unrest. I was always fond of the theatre, and the clown at the circus is still a delight. I have never seen the equals of the early comedians, like John Brougham and Joseph Jefferson. The plays which Wallack presented were clean, healthy and virile and admirably acted. Daly opened a new vista of en- 14 tertainment in his society dramas, with the young actors whom he trained and who did such credit to their teacher. It would ■ not be possible to find enough people who could have such loyalty to their favorite and hostility to his rival as those who created the riot in Astor Place over the merits of Forest or Macready. I doubt if the stage ever presented such per-; fection in the art as Edwin Booth in Richelieu or Hamlet. The assassination of President Lincoln by his brother, Wilkes Booth, drove Edwin into retirement for some years. We formed a strong committee to bring him back. The theatre was so ticketed that trouble was impossible and his genius made the house wild with enthusiasm. The press took it up, and after that he had no trouble. Mrs. Astor, the acknowl- edged leader of society, a very brilliant woman, gave a large dinner to Booth for help and welcome. At the dinner oc- curred a startling example of the things better left unsaid. The conversation ran upon when it was best for his reputation for an eminent man to die. Illustrations were given of men who lost their reputations by living too long. A diplomat present said, "The most distinguished example of a man dying at the right time was Lincoln. If he had lived out his term, he would have become most unpopular." Booth near- ly fainted and only the tact of the hostess in quickly changing the subject saved the situation. Dramas to illustrate sex problems or the white slave traffic would neither have been permitted nor submitted to by any audience. The "Black Crook" at Niblos was the first of the "leg dramas," and for a long time only men attended. The moving pictures have their merits, but nothing we now possess equals the pleasure which Barnum gave. I came as a boy from my home at Peekskill to see at his museum, which was at the corner of Ann Street and Broadway, the Pawnee and Sioux chiefs whom he had secured after a massacre that had shocked the whole country. Nobody could imagine how he got them and no one doubted that he had them. Their war dance was blood-curdling and their yells hair-raising. In the fury of their play they were kept from rushing among and scalping the audience only by a guard of soldiers. I was so entranced and absorbed that I lingered long after the audience had IS departed. That August day was insufferably hot. The In- dians were in buffalo robes, feathers and paint. I was re- stored to consciousness when the Pawnee chief said to the Sioux chief, in the richest brogue, "Mike, do ye mind, if it gets any hotter I'll melt sure." An Englishman of high rank came with letters to me, and to my question whom he would like to meet, answered, "Barnurp, the great and only Barnum." I told Barnum, who said, "An English gentleman knows how to meet an American gentleman." My friend was delighted, had Barnum to dinner and this wonderful showman was at his best explaining his methods. "But," said his host, "you will be found out and your career closed." "Never," said Barnum, "fools are born every second and they love to be fooled." One of the principal sources of healthy longevity and the pleasure of living is a sense of humor and keen enjoyment of it. People who laugh easily and often never have appendi- citis. American humor and its cultivation were accelerated during the administration of President Lincoln. No Presi- dent ever had presented to him so /many and such vexing problems or from men so important and difficult. He rarely argued, but illustrated his position and confused his questioner by an apt story admirably told. He told me eleven of them to show how each story had confounded his questioner or critic and ended the discussion. These anecdotes spread through Washington and all over the country, and we became a nation of story-tellers. When I was Secretary of State and living in Albany fifty years ago, Artemus Ward, whose fame as a humorist was world-wide, came there to lecture. The audience was made up of the bluest blood of the old colonial Dutch aristocracy. They did not crack a smile until the even- ing was half over, when Ward came to the front of the plat- form, and looking whimsically over the crowd for five minutes without a word, finally said, "That last remark of mine was a joke." The Vans after this laughed immoderately at every- thing. The next night Artemus Ward was at Troy. The Trojans had heard of the Albany density, and to show that they knew a joke when they saw it, and that they saw it at once, they began to laugh when the lecturer began and soon •i6 were in violent hysterics whether Ward was speaking or looking at them. Oliver Wendell Holmes, Mark Twain, Bret Harte and an innumerable company have contributed to the happiness of the people and the gayety of nations. The increasing intensity of our lives, the craze for money, and the craze for new and bizarre amusements among those who have money have limited conversation to the stock market, the shop and the afifairs of society. I fear it is rapidly de- stroying American humor. The venerable witticisms of the camp among the Philippine veterans who had formed the Caraboa society delighted Roosevelt while President, and Taft's laughter made the country join. But after the recent re- hearsal, the most distinguished officers of the Army and Navy were reprimanded and only saved from court martial by the protest of the people. Within a few weeks the Ameri- can Ambassador to Great Britain ventured in an after-dinner speech to follow Lowell and Phelps, Lincoln and Hay, Choate and Reid in those pleasantries which add to the interest of the occasion and contribute to international peace and good fellow- ship. But the United States Senate called him down with un- usual unanimity and one Senator solemnly declared that a joke or humor in an after-dinner speech was an unpardonable offence. T'he Gridiron Club of Washington has always been privileged to put officials from the President down upon its grill, and the victims have enjoyed the roast. But it is reported that the fun at the last entertainment of these merry gentlemen was indignantly resented as coarse, personal and abusive. As Lincoln's stories made us a nation of jokers and story- tellers, possibly these stern rebukes from the highest official authorities may make us a nation of bores-. Let us hope not. I have found the best insurance policy is the abiUty to say no. Many of my friends have died before their time, because they could not resist the appetites which destroyed them. Ab- stinence is hard at first, requires will power and self denial, but abstinence soon conquers desire. Ever after is the joy of victory and confidence in that mainspring of life — ^the will. Horace Greeley once said to me after the payment of notes he had endorsed had swept away years of savings, "Chauncey, I want you to have a law passed making it a 17 felony, punishable with life imprisonment, for a man to put his name on the back of another man's paper." As I lament about one quarter of my earnings gone that way because of my inability to say no, and without any benefit to my friends, I sympathize with Mr. Greeley. It seems to me that the agnostic and the iconoclast lose much of the restfulness, content and satisfaction which come from faith. Better be often deceived than lose faith in friends. Faith in our church or political party grows by work. The Richmond colored preacher said, "My brethren and sisters, faith can move mountains, but whar's de faith?" It is behind the strength which is constantly moving mountains of dif- ficulty, troubles and worry. I have tried, or known others who have tried, allopathy, homeopathy, osteopathy. Christian science, faith cures, Swe- dish exercise, massage, famous healing springs, Turkish baths, chasing climates and other famed preventives and cures for relief from ills, or to prevent their recurrence . or preserve long and healthy life. All have merits. But mind governs matter and to laugh with our friends, to contribute to their cheerfulness, to find out and enjoy the inexhaustible good fellowship which can be found in everybody, have done more than all else to keep me healthy and happy. The fated four- score years have gone by. The past has had its full share of accidents, mistakes, errors, misfortune and hard luck, but its compensations are so many and so great, that each knock- down seems in the retrospect just the punishment and dis- cipline needed to learn the lesson for a fruitful life and the enjoyment of its blessings. Speech by the HON. CHAUNCEY M. DEPEW on his Eighty-first Birthday at the Montauk Club of Brooklyn, May 1, 1915, being the Twenty-fourth Annual Birthday Dinner given him by this Club. Mr. President and Gentlemen : For nearly a quarter of a century you have honored me by an annual celebration of my birthday. Each anniversary has had in the year since the preceding one much of interest, National and State, and in politics, in social evolution, in rap- idly changing or crystallizing theories of life and government. But if these anniversaries ran back to the dawn of history there would be found no year like that through which we are passing, and if we could look forward through eternity it is not possible there should eVer be such another. The forecasts of statesmen are failures. The laudable and apparently successful efforts of the advocates of peace have become suddenly a ghastly farce. The higher ideals of Nations have been submerged in racial enmities and trade rivalries. Organized Christianity is questioned as to the re- sults of two thousand years' teaching, while millions of Christians are killing each other, and all the combatants call- ing upon God to help their just and righteous cause. Other millions of women and children rear rude shelters out of the ruins of their once happy homes and only relief supplies from neutral nations are saving them from starvation. But they are enduring sufferings and death with martyr spirit which would not recall, if it was possible, the bread-winner fathers, sons and husbands fighting in the field. The agreements of the Hague Tribunal solemnly ratified by the contracting govern- ments are shelved for the curiosity of the future historian. The warring powers repudiate these compacts, and neutral nations dare not protest, because protest means action and action means war. The Hague Peace Palace is to let. There never were preparations for war of such vast mag- 20 nitude in order to preserve peace, and the perfection of the preparations made wai^ inevitable. The irony of the situation is that the line is invisible between the size of armies and navies necessary for the national defence, and militarism which provokes war. After exhaustion has brought the belligerents on one side to seek terms of surrender, in the wisdom of that settlement will be either the seeds of another and more sanguinary war, or a peace which so saves the pride and dignity of the van- quished that the peace of the world may be assured for all the future. Recent history furnishes two wonderful examples. After the Franco-Prussian war victory was followed by ven- geance. France was impoverished by an indemnity so large that it was expected to pauperize her people for ever and despoiled of her fairest provinces. Hate and revenge grew with the unexpected and marvelous recovery and prosperity of France, and her sons inheriting the feelings of their fathers are cheerfully and enthusiastically battling to right the wrongs of 1870. In nations as with individuals, the spoiler waxes strong, arrogant and reckless. The spoiled nurses his wounds and bides his time. The second example is our Civil War, North and South, each believing they were right, battled as our race will until by force of superior numbers, wealth and equipment, th-e Union won and the Confederates were ex- hausted. Here in civil strife, with its passion and vindictive- ness, were the possibilities of endless revolts and revolutions. But the rebel States were welcomed back into the Union with the same rights, powers and liberties under a common Con- stitution as the loyal States. The only exaction was the aboli- tion of slavery which had been the cause of the war. Union and Confederate veterans fight over their battles in memory only at happy re-unions, and their children, knowing no North, no South, no East, no West, are proud citizens of the United States. For the second time in half a century since the close of the Civil War, the South and its economic theories are in absolute control of the government. With militarism elimi- nated and peace preserved by an international police on land and sea, the greatest of wars may prove for mankind the most marvelous of blessings. 2J This year is remarkable for its centenaries. One hun- dred years ago Napoleon was crushed at Waterloo by the timely arrival of the Prussian army under Blucher to the assistance of the English under -Wellington. Now the French are saved from annihilation liy the cordial support of the whole naval and military power of the British Empire. We take too little into account in estimating the causes of the alignment of nations at one period in alliance, at another in liostility, of the changing ideals which govern the minds and action of peoples. One hundred years ago Bismarck was born. It is astonishing how few men there are in recorded history whose genius and constructive ability have influenced the; world in all succeeding centiiries. Caesar kept Rome alive for four hundred years and until Roman law had become the ground work of the jurisprudence of all modern nations. Washington won the independence of his country, and then as President of the Convention which framed the Constitu- tion, by his influence in securing its adoption by the States and his wisdom in the inauguration and practical working of the new government, created and placed upon enduring foun- dations the Republic of the United States. It is an axiom that the influence of these institutions have been world wide. Na- poleon represented the military energies of the French Revo- lution. The greatest soldier of the ages, he shattered the faith of Europe in the Divine Right of Kings and placing manikins upon the emptied thrones dissipated by the sunlight of pub- licity the ideas of royal anointment from Heaven. Bismarck by his diplomacy and his victorious policy of blood and iron, organized military autocracy as the dominating power of the twentieth century and apparently checked and rendered help- less the fast penetrating liberal ideas of the French Revolu- tion. But these ideas made France a Republic, with a presi- dent without authority, and changed the autocratic and oli- garchic government of George the Third to the responsive democracy of George V. So when King Edward VII, prince of good fellows and most tactful of diplomats, and Delcasse, the French foreign minister, came together they settled the threatening war over Marchand and Fashoda by the discov- ery that centuries of bitter, enmity between the French and 22 the English had passed away by both peoples having evoluted into the same ideals and the same responsibilities for demo- cratic development and social justice. So keenly did the Ger- man Foreign Office, w^hich had hoped for war between the two countries, resent this change that they said peremptorily to France, "Either dismiss Delcasse or Germany declares war." No such imperious demand was ever made upon a sovereign state. But France was cowed and Delcasse was dismissed. But his work survives in the trenches of France and Belgium and the mastery of the seas for the Allied forces. To-day, after a hundred years, Napoleon and Bismarck upon the old field of Waterloo are leading millions of soldiers under new alignments in bloody battles for mastery in the affairs of the world of the ideas for which they stand. The event of this century which in future years will be re- garded as the most important and significant of them all is the hundredth year of peace between the United States and Great Britain. The subject of international peace is to be the engross- ing topic, when this terrible war ends, with statesmen, publicists, educators and the people. The incontestable fact that these two powerful nations, with frequent and graver causes for war than many which have plunged other governments into life and death battles, have settled all their difficulties by diplomacy during all these generations, and have kept a boundary line of three thousand miles without a fort, and inland seas washing all their interior shores without a battleship, is a monumental argument for the peace of the world. It will grow in the minds and imagination of other nations as time rolls on. The American Peace Commissioners at Ghent were" the brilliant Henry Clay, the finely equipped John Quincy Adams, Albert Gallatin, a trained diplomatist, James A. Bayard and Jonathan Russell. To meet them the British Government sent inferior men without power or decision except as instructed from the home office. It is an interesting fact that as the negotiations were about breaking off, the mighty authority and dominating will of the Duke of Wellington brushed aside all obstacles and forced an agreement. The City authorities of Ghent celebratedl the event with a banquet at which the emotional and coruscating eloquence of 23 Henry Clay found opportunity to introduce to the' time-hoii- ored and well known speeches of Europe of that period, and still common, a flavor of the boundless West and the imagery of the setting sun which lingers in the letters of those present. John Quincy Adams closed the evening by proposing this toast, "Ghent, the city of peace, may the gates of the Temple of Janus here closed not be opened again for a century." It was an inspiration in which those there had little faith, but its realization makes it a rare prophecy. President Madison formally proclaimed peace between the United States and Great Britain in a document as vital and in as full force to- day as when it was issued one hundred years ago on the 17th day of February, 181 5. Among these celebrations of events of the older time, it will not be thought frivolous in an after-dinner speech, which permits anything fit to print, providing it is interesting, that a hundred years ago trousers were first worn by suifering men. The tailor who appeared in them in Bond street, Lon- don, was assaulted by the mob and arrested by the police for indecency. The Duke of Wellington next tried the fashion, but was turned away from the most important ball of the season at AUwich. His fresh laurels of Waterloo could not save him from the indignation of the British matron. The governor of the ball said, "your grace cannot enter here. The guest at this ball must be dressed." The significance of trousers is that it marks the change which came in with the' nineteenth century of nerve-racking habits of hurry and haste. Rest and repose no longer prolong and beautify our lives. The otium cum dignitate of Cicero has ceased to be a happy habit. The utilitarian says it cost Cicero his life, for he could have escaped Antony's assassins if he had hurried. The spirit of the age has cheapened literature. It is not that there are no great writers, but there are no patient readers. The pot- boiler drives out the classics. The clipper ship reduced the voyage to Europe from three months to six weeks, the steam- ship to ten days, and the Mauritania to five, while the cable annihilated distance. The stage coach and canal boat were superseded by the railroad, and the ten-mile-an-hour train evoluted into the Twentieth Century Limited which made Chi- 24 cago, a thousand miles away, a shopping suburb of New York. The mail is too slow for the present competition in business and the night letter by telegraph carries orders from New York which are executed the next morning in all the markets of America and Europe. In 1876 Professor Graham Bell dem- onstrated the practicability of the telephone for short dis- tances, and in 1915 he talked easily three thousand miles across the continent with San Francisco. The Allies have cut the cables to Germany, but the air encircling the globe can neither be cornered nor cut and Berlin by wireless communicates daily with New York. In 1877 I had an option on a sixth of the Bell Telephone for some days for ten thousand dollars. I ccm- sulted the most famous telegraphic expert in the country and he advised me to drop it. "It is a toy and commercially a fake," he said. Had I followed my strong faith in the enter- prise I would to-day (if alive, which is doubtful) be a hun- dred millionaire. I have always lost money when following the advice of experts. They are governed by their data and lack imagination, and without imagination all things not demonstrated are to them worthless. But to return again to trousers. The old paraphernalia of man's nether garments, with its shoes, buckles, stockings, breeches and flaps required ten minutes to put on. ' Trousers thirty seconds. Time is everything. A century of ten minutes saved each day by countless millions invents machinery, engineers' enterprises ac- 'cumulate fortunes and fills libraries. When Emma Willard appeared before the New York Legislature in 1815 and petitioned for a charter for a Female College the Solons were thrown into a panic. They saw more evils to the church, the home and society in higher education for women than the antis do now in female suffrage. Her speech was a clear and prophetic outline of the girl college as it has developed and exists to-day. But the Legislature unanimously rejected her petition and saved society. That brave and wonderful woman enlisted friends in her project, and without a charter established the first institution to place the opportunities for girls on an equality with these for boys one hundred years ago at Troy. Twenty-one years after Mary Lyon found that the success of Miss Willard's idea had pene- 25 trated the Great and General Court of Massachusetts under the sacred codfish in Boston and secured a charter for Mount Hol- yoke. Then slowly came, after titanic struggle, co-education at Oberliii and other colleges. Matthew Vassar, seeking the best use of his fortune for humanity, was advised to build and endow a college for women. He crossed the ocean to consult William Chambers, the most famous educator of his time. That hard-headed and conservative Scot said to Vassar, "A safer investment than a college for girls would be a seminary for the blind and dumb or the weak in intellect." The burn- ing contempt of Chambers's opinion for woman's intellect reacted on the philanthropist, and Vassar College was founded to bless the country in unparalleled measure in its half cen- tury with its trained and cultured graduates and the impetus given to university opportunities for girls, which have resulted in Wellesley, Smith, Barnard and RadcHffe, and the opening to women of the State universities. I can remember as a boy that "bluestocking" was a term of reproach. In the limited education granted to girls in that period few had ever seen her. In the popular imagination, she was a living skeleton animated by unnatural views of the duties of wife and mother- hood. Through her spectacles the world to her looked sour and discontented, and by her perversive views she added to its biliousness and dissatisfaction. The highly educated woman of the early part of the nineteenth century in village and rural communities carefully concealed her accomplishments. If known, she was to her generation what the witch was to her Puritan grandfather. The colleges for girls have been made possible by en- dowment, legacies and gifts from individuals. Many reform- ers are now strenuously opposed to the acceptance of large sums by old institutions of learning or permission for the creation and endowment of new ones by people of large wealth. They claim that the donors control the education of youth according to their ideas, which are generally reactionary and hostile to progressive development. This movement is born of ignorance and prejudice. Its sponsors have become so saturated with the baleful words "interests and privilege" that they see in everything the influence and ultimate triumph of 26 "interests and privilege," meaning that a few favored citizens will receive benefits or powers dangerous to the public and denied to others. I was a Regent of the University of the State of New York for thirty-four years, and for twelve years a member of the Corporation of^ Yale. I made a study of State and endowed colleges. There is no endowed college with whose instruction or instructors or its traditional spirit, its benefac- tors have either voice or influence. The benefactor dies, but the income from his gift goes on with the college forever. His generosity in its beneficence is a memorial which lives long after all else about him is buried with his bones. Yale, Harvard, Princeton and Columbia retain the ideals which are the inspiration of their students and alumni. Professor Sum- ner taught successive generations of Yale students the most advanced free trade doctrines. His genius and impressiveness as a teacher converted thousands of them. Connecticut was one of the strongest of protection States, and if Yale had been a State university Sumner would have been dismissed. The largest donors to Yale during Professor Sumner's career were protectionists and opposed to Sumner's teaching, but they had no voice, and there was never a thought of disturbing him. The same is true with the German professors at Harvard and Columbia now. But with State universities there is always a panic when the State administration changes in politics. The situation to-day in the University of Utah, with part of its professors arbitrarily dismissed and most of the others re- signing, and conditions in the University of Wisconsin are current examples. When addressing State universities, the Faculty have told me, "Our academic independence is always in peril. We are dependent for our income on annual appro- priations by the Legislature and the party in power for the moment starves us, if it disapproves our general policy or the views of probably our most distinguished professors. We have to maintain a lobby at the Capitol and the lobbyist is the most useful member of our Faculty." The centenary which ought to have touched us New Yorkers with more sentiment than any of the others of this remarkable year is the one which closed the three hundredth 27 year of chartered commerce in New York. It passed with little public notice or from our citizens. Three hundred years in the origin and growth of an American city is an event and an epoch. It antedates the landing of the Pilgrims on Ply- mouth Rock, which has inspired the best brains of the country and filled the libraries with history, eloquence and poetry. And yet this small spot of earth has nearly as large popu- lation, wealth, business, children in the schools, and more students in its colleges than all the New England States together. The careful New Englander has so nourished and celebrated his traditions that they are the teachings of our schools and the literature of our homes. The care- less New Yorker believes that the location of his city, its superb harbor, the unequaled gifts which nature has be- stowed upon it have so assured its pre-eminence that neither effort nor civic pride is required from him. This town pays forty per cent of the income tax, collects sixty per cent of the revenues of the United States, is the greatest manufac- turing city in the country, with more capital and labor em- ployed. Its art collections rank with the best in the world. Twenty-five thousand students crowd its professional, tech- nological and art schools. On the map of the United States it is a speck requiring a microscope to discover it, and yet in all that constitutes a great commonwealth it surpasses nine- teen sovereign States of our Union. It has centered upon it the animosity or rather vindictive jealousy of the country, .increasing in intensity according to distance. This feeling produced an income tax so framed as to relieve the constit- uents of its authors and put as much as possible the burden on New York. It manipulated the new banking system to take away our natural advantages as a financial center, and discovers that the laws of trade are higher than statutes of Congress. The statesmen who thus thought they had dis- tributed money and credit regardless of conditions or needs find that, while thinking they had forever buried their pet horror, a Central Bank, have really created one of the strongest and most efficient in the world. In other lands and ages, on the spot where this municipal marvel began, would be erected a monument rivaling the wonders of the world, but instead 28 the city slumbers and individual enterprise rears on the site of the log hut, which was the trading post of three hundred years ago at 39 Broadway, a skyscraper whose fifty-odd stories rise above the architectural wonders of ancient and modern times. A conversation which I enjoyed with a group of gentle- men in Congress who were enthusiasts over the passage of the income tax measure and most optimistic of its results revealed a curious mixture of altruism and opportunism in the mind of statesmen. I said, "I agree with you that an income tax is fair because it imposes the support of government upon all according to their incomes. We all agree that every citizen who contributes ever so little towards carrying on the govern- ment is interested and watchful and that promotes better administration. Why then have you framed this bill to reach only a small proportion of the people, so small that they can have little influence? There are a hundred million people in this country. You have put the exemption . from the tax so high that only 357,598, or less than one-half of one per cent, are called upon to pay." The answer was prompt. "If we included, the rest or any large number of them we could never return here." But the concentration of centennaries in this year of events which are writ large in the history of the world are not its only distinctions. It has an immediate and vital interest to us in the culmination of efforts for larger powers in the government over the activities of the individual to reverse the rules which have prevailed since the founding of the Republic, in order to bring about a. social and industrial para- dise known according to its authors under various titles as the new freedom, social justice, the uplift or progress. That it is new is not doubted, but whether it is freedom or uplift social justice or progress is debatable. Years ago, in early studies of our development, I came to the conclusion that it is due, more than to anything else, to the principle laid down by the Pilgrims in their charter framed in the cabin of the Mayflower to form a government of "just and equal laws." This has been crystallized in our constitutions and laws. Na- tional and Slate, to make all equal before the law. It was a • 29 new idea of the relations of the people to their government. The autocrat, the oligarch and the beaurocrat were abolished and the individual was left untrammeled to work out his ca- reer. Thomas Jefferson's maxim "that government is best which governs least" became and has continued until- very recent years the settled policy of the United States. We de- veloped on broad and virile lines to be a nation of pioneers. With the Bible, the Declaration of Independence and the Con- stitution of the United States as their libraries and instructors they carried the church and the schoolhouse with them into the wilderness. They founded and builded forty-eight com- monwealths of the union with their marvelous advance in all that makes prosperous and happy States. Every group has its leader. The experience of sixty years of active work over a large and varied field has taught me that progress never originates or is systematically carried on by the mass. It always has its inception and development in the individual. In older civilizations the death of the leader was either fatal or his power was inherited by a bureaucracy which sooner or later failed. But under our system of devolv- ing responsibility upon the individual the leader of supreme ability is surrounded with capable and independent under- studies who can take up and carry on the work. The creative influence of Washington and Lincoln is not questioned. The ideas of Hamilton and Jefferson have dominated our great parties and moulded our national poHcies. Jackson's leader- ship was so masterful that in rage at a financier he was able to change the financial system of the country. Though ig- norant of either the principles or practice of banking, he forced the adoption of a system which was a perennial peril to our credit and involved us in disastrous panics in spite of our ■ development. His dead hand held our financial policy, our banks, our currency by the throat for over half a century, and until partially released last year. Congress for two years has been in continuous session at the demand and to register the decrees of President Wilson because for the first time in a generation the Democratic Party has a leader. ■ Union labor, after many organizations and reorganiza- tions, has, imder the intelligent and masterful leadership of 30 . Samuel Gompers, secured a Department in the Government, a Cabinet Minister, and enacts or defeats legislation as it wills. It requires no effort of the imagination to see dn this most savage and destructive war of all time the influence of Fred- erick the Great and Jean Jacques Rousseau, of Napoleon and Bismarck, of Nietzsche and Gladstone. In other fields are still Loyola and Lifther, Wesley and Wilberforce. The same rule prevails in: material affairs in the great Captains of In- dustry who have revolutionized trade and commerce, transpor- tation and manufactures, and in literature and thei pulpit. Journalism and the law give their unbroken and unanimous testimony to gifts which sway multitudes and leave indelible impressions upon the times. The new idea is to reverse the laws of nature by acts of Congress. It repudiates the old system of the "equality of all men before the law," and seeks to secure the equality of all despite differences in character, ability, initiation, energy, in- dustry and thrift. It tries to do away with competition, be- cause under comlpetitive conditions the best man wins, and then to so control competition which does survive that the lame and the lazy may divide with the strong, capable and sober. A national commission of well-meaning gentlemen to whom business is a mysteryare given unlimited power over business to help the weak and check the strong. The wise, experienced and able management of the railroads of the country is as necessary to the public as to the corporations, and yet another law when it goes into effect, if it is enforced according to its letter and spirit, will make it impossible for any one who has demonstrated his judgment and ability by accumulating property to be a director of a railroad company. The Hotel de Gink is to be our industrial university and the hobo our ideal of efficiency. The statesmen who enact these grotesque laws are men of brains, conscience and pariotism. They have not been in contact with business, big or little, and spurn the lessons of experience. They believe that the faults or evils which are found in the transaction of business are to be remedied by unhatched theories. Nothing disturbs their cocksuredness. Up to forty I thought that a sign of strength and wisdom. At 31 eighty-one I doubt. A study of the lives of the men in Con- gress and in every depailment of the government who are most active in these experiments, of the size, importance and in- dustries of the places where they reside, of their contact with business, or of their opportunities to know practically its needs, •is most instructive. Three members of Congress, who more than any others are the authors of legislation regulating busi- ness, hail from rural towns whose peaceful and primitive slumbers have not been disturbed by factories and whose joint populations are 20,000. An industrious commission is trying to find out the causes of the present unrest, unemploy- ment and timidity of capital to invest in new enterprises or the expansion of old ones. It requires no investigation to dis- cover that the business experience and success of the country are on one side but without power, and the theorists are on the other side clothed with all the might, majesty and au- thority of the United States. The characteristic of our people is their ability for quickly adjusting themselves to conditions. Give them the rules of the game and they will speedily learn to play it. This faculty is an inheritance from the men and women who settled the wilderness and subdued it, who out of hostile surroundings built up prosperous States. They have never more clearly demonstrated these qualities than at present. The resistless energy, the progressive individualism, the invincible optimism of the American .people is rescuing business from its official handicaps and promoting prosperity. It is a significant development of the twentieth century that men who by supremely grasping the opportunities of the nineteenth and twentieth have accumulated great wealth are devoting it to public uses, instead of the old idea of founding a family. The almost incredible sum of six hundred millions of dollars has already been so donated by John D. Rockefeller and Andrew Carnegie. But another phenomenon of the times is that these gifts and the schemes to perpetuate them have aroused bitter criticism and fierce opposition. The Rockefeller Foundation saved Wellesley College after its disastrous fire, gave Yale the help required in completing a great medical school, sent a million dollars' worth of food to Belgium, when 32 other sources were inadequate to save the starving millions of that unfortunate country. Its contributions organized boys' ckibs on the farms and has increased them from nothing a short time ago to 10,343 in 1908, and they had grown in 1913 to 91,000. They are necessarily under the control of the Department of Agriculture, which pays the organizers' and instructors one dollar a year, and all the rest of the ex- penses is borne by the Foundation. Similar conditions exist in the fight against the Boll Weevil. These clubs, under competent teachers, are raising on their little tracts three times as much corn and wheat as their fathers on the same farms. The Foun- dation has furnished the funds to investigate and stamp out the curse pellagra and save the cotton crop' from the Boll Weevil. Yet, a United States Senator stirred that august body and won popularity amiong great masses of people by declaring that he would see the cotton plants destroyed and the industry ruined rather than they should be saved by the money of this Founda- tion. God would provide, he said, other means of living for these unfortunate millions of farmers and give them substi- tutes for cotton. I say it reverently, God leaves to his people the largest liberty in making their careers and conducting their affairs. The foel reaps the fruit of his follies and sadly learns by experience that no supernatural power reverses the rules of production or the laws of trade. The trouble with the interpreters of the Almighty is that they are densely ignorant of the Divine purposes. The foolish virgins cry to Heaven for oil and none drops, while the wise ones have a torchlight procession to the wedding feast. Our ancestors knew all about tyranny and determined to found a government in which their descendants would be for- ever free. The tyrant, the dictator, the mob and the majority are equally ruthless of human rights if they check their desires or ambitions. So for the first time in government these in- spired men of the Revolution imposed limitations upon them- selves. They placed constitutional barriers around "life, liberty and the pursuit of happiness'' which neither the Presi- dents nor Congress, nor the courts nor all combined could overstep. It is these safeguards which impatient reformers so vigorously and viciously assail to be themselves ultimately 33 victims of license if they should succeed. I recognize the use- fulness of extreme radicalism. While it would bring on anarchy or revolution, if unchecked, yet the violence of its advocacy moves the mass slowly to a sane and safe realization of its best objects. I read the most radical journals, but while fiery, they are dull. They discuss brilliantly all the problems of the day, but wind up each article with their remedy as the panacea for all the ills of society and government.- They are much like the able essay or charming story which ends by recommending a patent medicine. Even in climbing Parnassus Pegassus cannot get out of the rut and runs around the base of the mountain. Either in exclusive and intense concentra- tion on one subject, the mind loses its grasp and enjoyment of all questions or the advocates believe that constant drop- ping wears away the stone. Perhaps it may, but it promotes sleep. It is a gift of healthy old age that you cease to be alarmed or worried. My philosophic friend, who had made and lost several fortunes, put his hat on the back of his head when down on his luck and cheerfully remarked, "The world always has gone around, and I believe it will keep going around.'' Galileo, when bored by the sermon, looked up at the chandelier and saw it swing backwards and forwards with the movement of the earth. This suggested to him the pendulum and the law of gravitation and the mathematical accuracy of the move- ments of the sun, moon and stars. The pendulum is on its return swing. Politicians are discovering it. Progressives and stand patters are joining in the chorus of the brotherhood of man and there is harmony in the choir. Finding that dis- tress both with capital and labor has followed and industrial paralysis resulted from their hilarious crusade against busi- ness, they are eagerly assuring business that the Industrial Commission is to put the government behind business as soon as it is informed how it can help, and that they have happily discovered that strangulation is not the mission of regulation. Mr. Lincoln, in telling me in his quizzical way of some of his troubles, said, "I have a friend quite as able as I am, but every- thing has always been against him. He is a failure and very poor. When I became President I decided that among my first 34 acts would be to reverse the bad fortune of my friend. I said to him I will give you the marshalship of the District of Columbia. The salary is ample and I want you near me. He refused and demanded Minister to Brazil.' I told him that position had been given to General Webb; that 'he knew nothing of Brazil and was not fit or equipped for the position. What you require, I said to him, for your family and future is money, and you can have the place of naval officer in the New York Custom House, which is an honorable position and will make you independent for life beyond your wildest dreams." He said, "If our positions were reversed I would give you anything you asked, and if I am denied Brazil I will take nothing." It is amazing how large a class that man repre- sents. Eugenics is a good thing, but its advocates reach an extreme which threatens ai setback, for their efforts when among the bills its professors are pressing in a legislature is one that all knock-kneed men shall be compelled to marry bowlegged women. The peril of old age is the general acceptance of its ex- cuses. Youth and middle life are held to strict accountability for laziness, intemperance, neglect, indifference or any failure to meet the requiremients of personal health or duty to society. But the septuagenarian or still more the octogenarian finds friends who tell him that exertion depletes his vitality. Work exhausts his strength and whiskey is a tonic for failing powers. If he succumbs to the voice of the siren feebleness, decay and death are charged to age. Martin Luther summed up the philosophy of healthy and vigorous , age in five memorable words, "when I rest I rust." A few days ago was the fiftieth anniversary of Appo- mattox. Those of us who were in full vigor on that eventful ninth of April, 1865, can never forget the eflfect of the an- nouncement of the surrender of General Lee and his army, the generous terms" conceded by General Grant and the end of Civil War. Stanton, Secretary of War ; Senator Wade and Thaddeus Stevens, representing the radicals, demanded the repudiation of Grant's agreement with Lee and vindictive pun- ishment of Confederate soldiers and statesmen. Only the prestige of Grant and the policy of Lincoln prevented guerilla 35 war for a generation. General Grant's cry "let us have peace" rang through the land as few utterances ever have. With slavery, the cause of the war, abolished, after a few rash ex- periments of military control, the seceded States were wel- comed to all the rights under the Constitution and the Union enjoyed by their victorious brethren. On Decoration Day the Blue and the Gray intermingle the flowers strewn upon the graves of their heroes, and peace and prosperity have united North and South, East and West. The victory at Sedan accomplished the object of the war which was the federation of the German States into the Ger- man Empire. France was only a means to the end. But the con- queror declared, "I will bleed France white." For -forty-four years the patriots of Alsace and Lorraine have been ruthlessly, punished for aspirations expressed in action or speech to be reunited to their country with the usual legacy of hatred, and the annual visit of the tax collector to gather the huge sums from the people of the French Republic necessary to meet the interest on the five thousand million of francs exacted as an indemnity from France has kept brightly burning the fires of revenge. This terrible war must end by exhaustion. Exces- sive and challenging militarism made the conflict. The peace of the world for the future depends upon the nations sub- stituting arbitration for militarism and heeding in the terms of settlement exacted and accepted the lesson of Appomattox rather than Sedan. Speech of HON. CHAUNCEY M. DEPEW at the Dinner Given Him by his Railroad Associates in Honor of his Eightieth Birthday at the University Club, New York, May 5, 1914. Mr. Chairman and Friends : All the celebrations which have been given in honor of my eightieth birthday have been most gratifying. Each one had its own peculiar significance, but this tonight from you, gentlemen, differs widely from the rest. There is an intimacy, brotherhood, both of time and conditions, which rarely exist. I became connected with our New York Central Company forty-eight years ago. January, 1916, rounds out my half century. There is no one living in any capacity who was in the service of the Company when I began. There is no execu- tive officer oj any railroad in the United States who is still active, who was one when I became President thirty years ago. All these are distinctions. It is hard to define precisely what constitutes a distinction. Methuselah was the oldest man who ever lived and that was his distinction. He might have claimed and probably did that his age was due to a well-spent life. The man who set fire to the Temple of Ephesus, at that time the architectural wonder of the world, accomplished his purpose which was to immortalize his name. It is idle to enumerate examples, when there are so many among poets and historians, conquerors and philosophers, philanthropists and inventors, boy prodigies and old age won- ders. Nevertheless, it is a distinction to be the longest of your line in any profession, pursuit or vocation, because there are many competitors and there is always a "bomb" with the fuse lighted under your official chair. There is one word frequently used whose significance has never been properly understood and appreciated. That word is "association." It has no limit in confidential relations or time. It is difficult, after the lapse of so many years, after the crossing over to the other side of such a vast majority of 38 your associates, after recalling their merits, their virtues, their good works, your love for them and their loyalty to you, to speak of the past without almost uncontrollable emotion. My policy and practice during all these years have been one of confidence and intimacy with all my associates in every grade of the service. I think when active in the operation of the Company, I had a wider personal acquaintance with the thousands who were connected with the corporation than anybody. This was because my habit of speaking at the anniversaries and celebrations of the different Orders in the railway service, led to familiar acquaintance with locomotive engineers, firemen, conductors, brakemen and those in the shops, in the yards and on the track. I may say, always be- lieving in the virtue of reciprocity, I have never in my long career had my confidence abused. To have been in close and active participation with the railway development of the last half century is in itself a life of extraordinary education and opportunity. To have had in a large measure the confidence of those great . constructive minds who were the pioneers in the creation of this network of rails which have developed our country and made it what it is, was a rare privilege. The attorney and counsel in my early days saw much of the president. He was generally a part of the executive staff, always on the car in the tours of inspection, always present at the frequent meetings, so diflScult, so controversial, with the executives of rival corporations and always present when difficult questions in any of the departments had reached thp executive for decision. When I became President, on account of this training, the operating department, the freight and pas- senger departments were to me as if I had been trained in each and all. And yet one of the most interesting of my duties was to stand between the public and the Company when hostility to the railroads was most acute. Agitators fanned this feeling into a flame, and the press generally, and Chambers of Commerce and Boards of Trade were most un- friendly. Hostile legislation threatened both the efficiency and solvency of the railways. I recall as one of the most satisfac- tory of the events of the part I had in settling those troubles, 39 removing antagonism and establishing harmonious relations between the people and the railroads. The most striking proof of this change from bitter enmity to cordial friendship was when the delegates from the State of New York to the National Republican Convention in 1888 unanimously pre- sented me as their candidate for President of the United States. Those shrewd, able and wonderfully equipped men would never have advocated a candidate unless they firmly believed he would have, at the election, the support ©f the people. It seems like the history of early times for me to stand before you and say that in my early days in the service Com- modore \''anderbilt had the Hudson River and Harlem and afterwards, as you know, the New York Central and Lake Shore; Colonel Scott the Pennsylvania and John W. Garrett the Baltimore and Ohio. These men were giants in their day and of extraordinary genius for affairs. As an attorney I saw Commodore \^anderbilt every day at his office, in his house, during the last ten years of his life. I had, or prior to that time, been twice a Member of the Legislature and Secretary of State of New York. I had come in close contact with Presi- dent Lincoln, General Grant, General Sherman, General Sheri- dan and all public men of that wonderful period of original and distinguished captains. It had made me a student, deeply interested in the mental qualities and characteristics which had made these men great. I came to the conclusion that the quality of greatness can neither be analyzed nor defined. I have often found what would be a weakness in an or- dinary man is the principal element of power in a great one. Commodore Variderbilt was an enigma to his closest asso- ciates. How he arrived at conclusions they could not tell. They could only wonder that his conclusions were almost in- variably correct and his decisions rendered almost immediately after the question was given. Some called it intuition, some luck. There was much of the former and very little of the latter. That the Commodore went from the steamboat to the steamship, in both of which he had been a leader, for the rail- road, in which he became the leader, leaving the one and enter- ing the other, at the right time in the industrial development 40 of the country, was neither luck nor intuition, but marvelous perception of conditions, accuracy of judgment and resistless quickness in following judgment by action. It would take all night to recall and differentiate those leaders in the other systems. A few of our own people. Most of you can remember Tousey, our General Manager. He was a capital officer who, like most of those who had come up from the ranks, had no use for the products of the schools. When we needed a super- intendent, he said to one of the candidates, "Are you a grad- uate of the Troy Polytechnic, of the Stevens or the Massa- chusetts Tech?" "No," said the candidate. "What is your career?" "I began as a telegraph operator, then assistant to the division superintendent, then division superintendent, then general superintendent." "That's enough," said Tousey, "you are appointed." One of the original characters was Major Zenus Priest, who was for fifty years, most of the time as division superin- tendent, with our Company. He always joined me in my re- peated trips over the line. He was an excellent officer, kept his division in good condition, got along well with his men but always predicted a strike before I came over the road again. It was a time when the railway men were forming new labor organizations, and old Major Priest thought every new organization was a nucleus of a strike. Another superintendent long with us was Burroughs, an original man, who said very little, except to himself, with whom he was always talking. I remember going over the line with him on the pony engine, and I will say for those of my friends here who are not familiar with that machine that it is a cabin built over the boiler of the locomotive, with chairs on each side, so that you- can sit in front and watch the track as the locomotive speeds along. Burroughs would sit on one side looking out. I, as President, on the other. Burroughs talking to himself would comment on the track, roadbed, grading rails and say what he would do by way of compliment or punishment to the man in charge. On one trip, without changing voice. Burroughs said, "That switch is open, — in less than a minute we will be in hell." The locomotive jumped 41 thjE switch and landed on the track all right, and the next com- ment was, "That switchman is discharged." The most remarkable revolution in the last fifty years has been the relations between government. National and State, and the railroads. As a new country we wanted railroads, and settlements, farms, villages and cities followed along the lines of their construction. Building them was a huge gamble for the promoters. Some paid largely, some after years of strug- gle yielded a small return, while many went bankrupt and through several reorganizations ruined the original and suc- ceeding investors. A railroad never goes out of business, its rails are not torn up. It becomes indispensable to the communities it has created or made prosperous. And so making no returns to those who have put their money into it as stockholders or loaned it their savings as bondholders and sometimes not even earning taxes, it continues to run under the Court and through a receiver. But -the time came in railway development when government regulation was indispensable. The success of the Massachusetts Railroad Commission, which was purely ad- visory, impressed the country. As an attorney, I opposed the movement at first, but soon became convinced that regulation was a necessity for the public, the shippers, railroad invest- ment and operations. William H. Vanderbilt was then President as well as the owner of a majority of the stock of the New York, Central Railroad. He was a broad-minded man of great abiHty, but handicapped to a certain extent, as many an exceedingly capable son has been, by the fame of his father. After care- ful consideration he accepted that view and welcomed the Commission. The first idea of the Railroad Commissioners was that to secure equitable rates they must encourage cut- throat competition. They soon learned that this policy bank- rupted weaker lines and also business in the territory which they served. These lines could not give their people a service which would enable them to compete with their more for- tunate competitors on the stronger lines. The true principle of transportation was uhimately solved, that is equal rates to all and reasonable rates which will provide for maintenance 42 and iinprovements and a fair return to the investors. But the rapid evolution of railway control has produced unex- pected results. It has given us in the Inter State Commerce Commission the most powerful bureau in the country. There are nearly two millions on the payrolls of- the rail- roads, and with their families they number ten millions or one- tenth of the population of the country. There are nearly as many dependent largely on the railroa4s in the coal and iron mines, the steel rail mills and the manufacture of railway sup- plies. There are ten million depositors in the savings banks, and the largest investment of those banks is in railroad securi- ties. So here are nearly two-thirds of the people directly or indirectly dependent upon the prosperity of the railroads, and the railroads entirely dependent for their prosperity and effi- ciency upon the Inter State Commerce Commission. The situa- tion is without a parallel. The responsibility is paralyzing. . The Commission has far more power than the Supreme Court of the United States. It more intimately affects the family and the home. It should have equal dignity in extended terms of offices and in salaries to attract the greatest ability and independence. The following statistics are eloquent of the situation: Of earnings of the railroads of the United States in 1913 amounting to $3,1 18,929,318 there was paid to employees 1,439,000,000 for taxes 129,052,922 for materials and supplies 320,823,000 in dividends 217,000,000 in interest or indebtedness , 407,000,000 Reduced to percentages they exhibit this remarkable re- sult : Percentage from gross earnings paid to employees 44.00 Percentage from gross earnings paid for materials and supplies 23.10 Percentage from gross earnings paid for interest 13.04 Percentage from gross earnings paid for taxes 4.14 Percentage from gross earnings paid for dividends 4.09 43 Railway management is a profession requiring study, preparation, training, practical experience and high abilities. The government in the Inter State Commerce Commission should be able by reason of the honor and permanence of the position to attract to this service the most tried, proved and expert talent and character there is among the people. There is no vocation where there is so much camaraderie and good fellowship as among railroad men. We have a difficult task to perform, the most difficult of any profession. The whole public uses the instrumentalities which we control, manage and work. Therefore, we have to satisfy the public of the United States, and at the .same time satisfy the in- vestors. This requires an unusual degree of character, intelli- gence, experience and devotion to duty. It is a tribute to the two million men who are engaged in- the railway service that so few drop out by the way, so few render themselves liable to the criminal courts or the adverse judgment of superior officers in the discharge of the difficult functions, which in every branch they are called upon to perform. There is and always has been in our Central System an unusual degree of brotherhood. When I entered service the Central System consisted of the Harlem railroad, running from New York to Chatham, orre-hundred and twenty-eight miles. To-day it has twenty thousand miles and is, if you take into consideration all that it is and does, probably the most important railway system in the world. It is a wonderful and grateful experience to have been so closely associated in the same company with the men, distinguished for their ability and achievements, who have come and gone in these last fifty years and to find myself in cordial intimacy and almost as one of the youngest among those who are still active. Commodore Vanderbilt said to me one morning over forty years ago, not long before he died : "I would like, if I could be assured, that some Vanderbilt would be in the management of the New York Central road for many generations to come, but I do not hope that the Vanderbilt influence will extend beyond the sons of my son William IT." If in the other world those who have passed the Great Divide are conscious 44 of what is happening here, as I believe they are, then the Com- modore must be pleased when he sees and knows that in the official ranks of the New York Central are two Vanderbdlts of a still younger generation, William K., Jr., and Harold, both efficient, both able, both promising, both with long lives of usefulness before them, and I am glad that we can welcome them among us here tonight. My friends, four-score years seem wonderful in prospect. I remember when I thought that forty was old, when fifty ought to be the time to retire, when sixty was past consid- eration. But when one has passed that great climacteric of eighty, then the past seems to have been a preparation for the future, and the future he looks forward to with hopefulness, optimism, thanks and profound appreciation of the greetings, the welcome, the hail and hope which you give. I thank you, gentlemen. Speech by HON. CHAUNCEY M. DEPEW at a Reception Given by the Union League Club of New York in Honor of his Eightieth Birthday on May 8, 1914. The reception at the Union League Club in honor of Mr. Depew's eightieth year was one of the largest in the history of the Club. Samuel W. Fairchild, the President, was in the chair. Speeches were made by former Presidents of the Club, Gen- eral Horace Porter and George R. Sheldon, and also by William D. Guthrie, George T. Wilson and William D. Mur- phy. The venerable General Benjamin F. Tracy, who was Secretary of the Navy in the Cabinet of President Harrison, gave interesting reminiscences and among them said that as a member of President Harrison's official family, he knew that the President had twice invited Mr. Depew to become a member of his Cabinet, the last time as Secretary of State. Mr. President and Fellow-Members of the Union League Club : It is most thoughtful of you and grateful to me that you thus celebrate my eightieth birthday. To have rounded out and passed the fateful four-score is an achieve- ment, if accomplished with the retention of unimpaired health and vigor. It starts one hopefully on the last lap, but one, for the century mark. So many friends and organizations are paying me this compliment that it is impossible for more than one to have their celebration on the natal day. The result is that my birth- days have been celebrated so often on different dates this year, that I have almost lost recollection of the "real" day. I am afraid that I may be like St. Patrick in this respect. That revered Saint had among his followers certain partisans who claimed that he was born on the 6th of March attd others who insisted upon the nth. Peace was finally restored by combin- ing the two, so that now we all especially revere St. Patrick on the 17th of March. 46 I have been forty-six years a member of this Club and seven times its President, a record as to the Presidency which I may say, at my time of life and reminiscently, has not been equalled in successive terms of service by any other of the distinguished gentlemen who have filled this great office. To have belonged to the Union League Club and been active in its affairs for nearly half a century is to have been brought in contact with the most evolutionary and beneficial history of the United States, of the State and City of New York, and with the eminent men who made that history. There are very few members of the Club who are familiar with its origin and who can go back successfully in memory to the times of the Civil War when this Club was organized. It may not- be inappropriate to present a picture of our inspir- ing beginnings. The Union League Club grew out of the United States Sanitary Commission. At the time of the Civil War there were no agencies known to alleviate the sufferings of the wounded and to help the families of the killed, like the Red Cross of to-day. The United States Sanitary Com- mission filled that function in a remarkable way. It raised millions of dollars and through its branches all over the North furnished millions of dollars worth of clothes and hospital sup- plies to the Union Armies. Its members in New York City felt that they needed a social home like a Club to increase the efficiency of their work. They were tireless laborers in col- lecting money and in forwarding supplies to the hospitals, to the field and to the soldiers' homes. In the debate over the selection of a name, they first chose "Loyal," then "National," and finally decided upon The Union League. The only requirement, beyond character, was loyalty to the Union, regardless of party affiliations. It was meant to be a League of those who would devote themselves to the carrying out and perfecting in government ^^'ebster's immortal phrase, "Liberty and Union, One and Inseparable, Now and Forever." The first great work of the Club was to raise a regfiment of colored men. In a short time there were 1,020 enrolled in the first regiment and 600 recruited for the second. New York, at that time, was a disloyal city. Its trade had been 47 seriously injured. It doubted the success of the Union cause. A large majority were in favor of peace at any price, and it had emphasized its bitterness by killing negroes and burn- ing the Negro Orphan Asylum. The threat was openly made that the regiment would never be permitted to march through the city. The wives of the members of the Club presented it with the regimental colors, and the members of the Club, in a body, accompanied by their wives, marched at the head of the regiment to the pier, where they embarked for the field. That event, witnessed not only by the citizens of the city but by thousands who came in from the country, changed public sentiment, and thereafter, the Club raised two more regiments and also three regiments of white soldiers. The first public reception, which has been followed by so many other memorable ones, was given to that splendid soldier and magnificent looking specimen of a man. General Winfield Scott Hancock, who had come to New York to recruit the second corps of the Army of the Potomac. The Club raised for him two hundred and fifty thousand dollars and through its direct efforts three thousand men. It may be well to record here that there were, at that time, in the City of New York, six thousand negroes capable of military duty, and of that number three regiments of one thousand were raised, armed and equipped by the Club and one thousand volunteers in other organizations. In propor- tion to their number, a splendid evidence of their loyalty and patriotism- A feature of the Club life has been the receptions which followed that to General Hancock in 1864. I remember well the one tendered to General Grant, the year after the close of the War. He was far way the most distinguished figure in American public life. He had won sixty-three battles and. ended the Civil War at Appomattox. The enthusiasm was boundless, but the hero of the occasion modest, embarrassed and speechless. When he returned to New York, after his presidency, to reside, he was the honored guest at all of our public banquets. I came in late to one of these, while the General was painfully trying to speak. He stopped and said, "If I could stand in Chauncey Depew's shoes and he in mine. 48 I'd be happy instead of a miserable man to-night." It fur- nished me an opportunity, speaking later, to dwell upon who could ever stand in Grant's shoes. The General became sub- sequently an excellent public speaker and when he generously, after his defeat at Chicago, took the stump for the successful candidate. General Garfield, his addresses were most effective. We have received every President, with the exception of Cleveland, and each occasion was memorable, because each of these Chief Magistrates recognized that in his own nom- ination and election this Club had rendered most valuable and effective support. The most genial of Presidents, Mr. McKinley, loved beyond all the receptions given him in vari- ous parts of the country the cordiality and enthusiasm, the friendship and brotherliness with which he was treated here. Of course, the receptions to our member, Colonel Roosevelt and to President Taft are within all of your recollections. At the supper following the reception to Mr. Taft, I noticed that the elderly guests had serious limitations upon their ability to indulge in the feast. My own ability in that line being unimpaired, I called attention to the fact and derided them upon these evidences of "old days." Whereupon the always delightful and witty Choate convulsed the crowd by shout- ing,' "Who is your plumber?" The distinction of our Club has been the public measures which it has advocated by resolutions and pamphlets. In stress and distress, financial and industrial, which followed the Civil War, there was an active effort in behalf of repudia- tion of the public debt. It then amounted to' about five thou- sand millions of dollars and seemed intolerable. The Club's resolutions formed the basis of opposition to this movement all over the country. Its clarion note was: "America can admit no distinction between public and private faith and on ques- tions of fina!nce will follow her old rule of honesty as the only one v/orthy of the intelligence and dignity of a free people." The greenback had become a fetish, and patriotism and good finance seemed to be wedded to fiat money. But in the fight to defeat unsecured paper and the subsequent right to debase our currency with unlimited silver and the great final and crucial struggle for the gold basis, the Club 49 was foremost of all organizations for national faith and honest money. There is necessarily a brief note of sadness in an occasion like this, btit it does not impair the harmony of the occasion, but rather is in accord with it. It i? the reminiscences of the good fellows, of the splendid characters, of the honest, old school and generous men who have" departed. We mourn their loss as we rejoice that there came into our lives the inestimable privilege of knowing them in tlie intimacy of the family life of the Club. It is the alleviation of sorrow which makes it finally a blessing that it inspires with the mellowing of age recollections of. all that was best and most lovable in those who have departed. Of the large membership of the Club, for it is one of the largest in the country, there are only twenty-five men living who were here when I became a member. It is the special merit of our organization that it is one of the few which has been able to unite efficiency in public affairs with the highest development on the social side. No club, organized purely for social purposes, attracts within its walls such a large and frequent attendance of members. I feel that I cannot better close my tribute to the Club and my thanks to you than by narrating an incident concern- ing General Washington, which I heard from the late Dtike d'Aumale, one of the sons of Louis Philippe. The Duke said that his father, at the time of the revolution in France, was an exile in this country. He was a guest for a long time of Gen- eral Washington at Mount Vernon. Louis Philippe said to the General one day, that in the course of his long career as a soldier, a statesman and President of the United States, there must occur to him many things which would have been better if he had done or said otherwise. To which General Wash- ington answered, "I have never in my whole life done any- thing which I regret or said anything which I care to recall." The Duke said that often his father, then King of France, was urged to make declarations or to take positions and that his answer frequently was, "If I do that, I cannot say after- wards what General Washington said to me." So, my friends, in looking back over the history of our 50 Club, from its organization until to-night, we can proudly say it never made a mistake. It never took any action which in the retrospect it regrets, and never in its public utterances has said anything which it wishes to recall. Address by HON. CHAUNCEY M. DEPEW as Presiding Officer at the Meeting of the Building of the Railroad Branch, Young Men's Christian Association on the Occasion of Closing the Old Building for Removal to the New, May 28, 1914. Ladies and Gentlemen :' In the life of every beneficent association there are interesting periods. This is particularly so if the life has been one of growth and expansion. This organization, which started in a very small way thirty-five years ago, has now become one of the greatest agencies for good among the employees of the railways of the country. It has demonstrated its usefulness in so many ways that no one, either among the officers or the employees, has a word of criticism and only approval. Fifty-eight years ago I graduated from Yale and returned to my native village of Peekskill on the Hudson. Edward Wells, a distinguished lawyer of Westchester County, had in his offices a number of young men and conducted a fair law school. Mr. Wells was more than a good lawyer, he was an active citizen in the church, in politics, in local improvements and in everything which would benefit the community. The young men in the office decided, with others in the village, _to form an association for mutual improvement under the presidency of Mr. Wells, ^^'e met in the Sunday school room of the First Presbyterian Church. It was decided that each member should present a paper and then there would be gen- eral discussion of it and weekly meetings. I read the first paper, which was on Paul's sermon at Athens on Mars Hill. The paper led to an interesting discussion, and the meetings continued for about two years, when the association died. The cause of its demise was that its platform had only one plank, and that was too narrow for many to stand on. It appealed only to the intellectual side of the young men who became members. The success of the Young Men's Christian Association has demonstrated that young men must be appealed to on many 52 sides and attractions presented for their physical welfare, for the working off of surplus vitality, for social enjoyment and for physical comfort. In other words, to prepare a healthy body for a healthy soul and active mind. In 1858, the year that this Peekskill infant died, some very wise and far-sighted gentlemen formed a Young Men's Christian Association. This speedily grew and expanded, until now it is founded and appreciated in nearly every country in the world. It ap- pealed to the best instincts of human nature, and especially during the period of growth and formation of character. Libraries could not describe the momentous results to society and the State which have come from the work of the Young Men's Christian Association. Its organization and career em- phatically confirm what has so often been demonstrated, that God raises up instrumentalities to meet the requirements of crises in the affairs of men. It was about this time that there was stimulated the rush of the youth of the land from the country to the city which has continued with increasing volume ever since. The rapid growth of manufacturing enterprises and the attractiveness- of the larger opportunities of community life created indus- trial centers everywhere and added to the population of vil- lages and cities. These young men were beset with perils of every kind. Liquor saloons increased in number and pool rooms abounded. The appetite for stimulants and gambling, always present, was abnormally excited. The loneliness of the country boy was his danger and his temptation. The saloon was a club, always inviting him. The more promising the young man, the greater his attractions, the larger his capacity for friendship^ the more all-embracing his nature in good will for others, the more he was liable to yield to those, who, because of his popularity, wanted his society. The saloon recognized that in him they had a lode-star to attract others. The anchorage of youth is the will. The village and the city, under these conditions, weakened the will and ruined the makings of a man. The Young Men's Christian Association ofifered to these young men counter attractions. It welcomed them to health, moral, mental and physical. It had its ^m- 53 nasium and other methods of healthy exercise, it had its library, its lectures on useful topics, its educational branches fitting the untrained for careers, it had its games and recre- ations, it had its baths, always demonstrating that "Cleanli- ness is next to Godliness." The business men of the country began to find out that there was in the membership of the Young Men's Christian Association insurance policies against dissipation, poor service and peculation. As an instance, I remember when I was on a Western trip over the roads of our system, receiving an urgent request by wire to stop off at Rochester to address a meeting of busi- ness men on the question of the erection and equipment of a building for the Young Men's Christian Association. I had an important engagement in New York in the morning, but I accepted the invitation. I arranged to have a locomotive and a sleeping car immediately after the meeting and overtake my train so that I could arrive in New York on time. The meet- ing was a wonderful success. Among the audience were mem- bers of every church in the city, including many prominent Jews. The appeal I made was to them as business men for efficiency and honesty in their service. Sufficient funds were subscribed that night for land and a building. I took my train very happy, but in the night found myself flying along the roof of the car and landing in the aisle with the car on one side. The negro porter, who laid along side of me, said, "Boss, we have struck soinething." Happily we were near Syracuse. An engine came to my assistance, I overtook my train and arrived at my meeting on time. I could not have been in the air, awakened from my sleep, more than a few seconds, but in that time this went through my head, "I am in a railroad smash-up and in a minute more will be killed. The train on which I was will arrive in New York in safety, and if I had not gotten off to make that speech for the Y. M. C. A., I would not have been killed. What excuse will those young Christians offer to explain this tragedy to me?" I have been very happy ever since that such a difficult question was not put to them. Friends, these Associations, of which this Railroad Branch is one, are devoted to character building and character saving. 54 Character building, under proper environment, will usually suc- ceed. It invariably succeeds when the environment has Chris- tian associations, but character saving is more difficult. It is a missionary work which never ceases. It is especially the work of this Association and millions of characters saved attest its efficiency. Statisticians attempt to estimate the value of a young man to the community in money. That means simply his working power, but the value of a young man to a com- munity in his citizenship is infinitely greater. In this I in- clude his place in the family and the church. The loss of that young man, not by death, but by dissipation, is not only his elimination, but it is the effect of his conduct and example upon the community when he goes wrong. Every enterprise before it reaches "easy street" has a difficult beginning and hard sledding over rough roads in its earlier years. Our Association is no exception to this rule. In 1875 the late Cornelius \''anderbilt asked me to meet in his office a locomotive engineer from Colling- wood, near. Cleveland. This engineer, an energetic, earnest and intense man, described his success in forming a Railroad Branch of the Young Men's Christian Association at the Terminal Yards at Collingwood. Fie said the conditions among the men, on account of drink, were bad. He could find no room and so he assembled the Associate Engineers and Fire- men in the Round House. They had induced some philan- thropic people in Cleveland t& give papers and books. The success had been so great among the men that he felt if the scheme was enlarged, its opportunities had no bounds. Mr. Vanderbilt's reputation for charity and philanthropy he well knew, and so he came down to make this effort. Mr. Vander- bilt said to me, "Chauncey, this scheme appeals to me, I will take it up." He called in Mr. Tousey, the General Superin- tendent, and after explaining the matter, asked if he could not arrange a room somewhere for a meeting. One of the lum- ber rooms in the old Grand Central Station in the basement was cleaned up, a desk and chairs were put in and the first meeting was held. Mr. Vanderbilt secured a most efficient Secretary in the person of Mr. Stockwell, and Mr. Vander- bilt paid his salary and all the expenses of the enterprise. 55 While the officers of the Company assisted, none of them, I think, were in sympathy with the movement. They believed in individual liberty of the employee to the limit, and if he went wrong, not try to save or reform him, but fire him. The effect of this initial movement upon the men coming in and who must remain at this Terminal was immediately evi- dent. The opposition of the saloons and the pool rooms was intense. They did everything they could to discourage and prevent men from the various departments of the service join- ing, but Mr. Stockwell, the Secretary, was an attractive, ener- getic and forceful missionary. The rooms soon had daily and weekly newspapers, monthly and quarterly magazines, a very fair library, tables for games without gambling, lectures and courses of religious instruction, but not so pressed as to be oppressive. Then Mr. Vanderbilt conceived the wonderful scheme of erecting and presenting to the Association this building. When finished, it was one of the most attractive club houses in New York City. Mr. Stockwell died, and then the Association was fortunate in securing one of the' best men who were born and trained in this work, in Mr. Warburton, who conducted it to eminent success for twenty-five years and retired at the end of a quarter of a century with the love and regret of everybody. I am glad that from the large place which he now fills he is present with us to-night. When the success of this work was demonstrated, Mr. Vanderbilt extended it over the New York Central Lines. As we went on railway trips to the West, the Northwest and the Pacific Coast, he invariably, when we reached the places where were the principal offices of the railroads, called upon their chief officers and urged them to introduce the system of Rail- road Branches of the Young Men's Christian Association with proper buildings and assistance from the railway treasury. In nine cases out of ten, tlTese railway officials had little or no confidence in the work, but the prestige of Mr. Vanderbilt was so great and his earnestness so intense that they did not care to disoblige him. Not one of them, after the experiment was tried, has ever advocated its discontinuance, on the contrary all have advocated its extension. You gentlemen, here to-night, can hardly appreciate the 56 conditions Avhich existed in the '70's at railway terminals. They were surrounded with liquor saloons and pool rooms. These places had runners, many of whom were in the service of the companies, to bring in recruits. The percentage of men dropped every month for drunkenness was very large. There were serious dangers to the public on account of intemperance among the employees. The social conditions at the terminals were bad because the saloon-keeper got about sixty per cent. of the man's earnings and his wife forty per cent. After these Associations had been established for a while, the wife got sixty per cent, and the saloon got none. The difference was evident immediately in the condition of the houses, the appear- ance of the family, the cleanliness and spirits of the children, the attendance at the schools and the prosperity of the churches. This farewell meeting to this building, which was erected, completed aad endowed by Mr. Cornelius Vanderbilt, would be incomplete without a tribute to the man. It was my good fortune and my happiness to be intimate with him from the time of his entrance into the railway service in his early life until his death. He was so modest and retiring, so shunned publicity that he was little understood. He was one of the most charitable, thoughtful, wisely philanthropic and courage- ous of men. As an instance of his courage, there was a re- form movement started at one time against the corruptions of the city government. Corruptionists were in control of every branch. Mr. Vanderbilt was asked to become one of the committee for the meeting. An influential member of the city government, whom Mr. Vanderbilt knew well, called upon him and said, "I come in your own interest and as a friend. You are one of the wealthiest men in town. Our people control the tax department as well as the police, the Board of Health, the streets and everything needful to your comfort. You do not want to incur the active hostility of those in power, who cannot be driven out by this or any other movement. If you become a member of this committee, they will regard it as an hostile act and you will become a conspicuous victim of their vengeance." When the man left his oiTice, Mr. Vanderbilt immediately called up the organizer of the meeting and said. 57 "I will not only act as one of your committee, but will serve at the meeting as one of your vice-presidents." This is an age of wonderful giving. The world knows who the large givers are and the amounts they contribute out of their surplus for educational, charitable and philanthropic purposes. There are members of Congress and sometimes a preacher who say the people ought not to accept these con- tributions, now amounting to nearly a thousand million of dollars, because the givers did not secure their vast fortunes in a way which these critics approve. It is the money which counts; its income from the investment will come long after the donor has been dead and forgotten; it will continue its work in the colleges, in the research institutions to prevent disease and to cure it, in the work to multiply the productive- ness of the farms and to save the vast annual loss from dis- temper and epidemics in live stock, and to create centers of education and recreation, and uplift by libraries and schools everywhere. Generations unborn to the end of time will be recipients of this money working for their benefit. There are other capitalists whose charities are unknown, the memory of whose gifts are only with the recipient and with themselves. I have known several of these anonymous givers, but the most persistent and generous of them was Mr Vanderbilt. Representatives of colleges, of churches, of bene- ficent institutions of all kinds, I have known come to his office in despair and leave it with hope and happiness. Families and individuals innumerable almost owe their existence to the con- tinued flow of these beneficent and secret gifts. No one but himself knew how large a proportion of his income every year was appropriated in this way. He was always in the many enterprises, church and charity, in which he was interested that most important member who makes up, no matter how much the deficiency, what the others have failed to do. If it had been possible to preserve this building, it would have re- mained his monument, but it had to yield to progress. It is a happy illustration of love for himself and his work that, when this building had to be abandoned on account of the great improvement necessary at this Terminal, his brothers, William K. and Frederick W. Vanderbilt, and his son, Alfred 58 G. Vanderbilt, have most liberally and generously contributed the money to erect a larger, a more complete and a more mod- ern structure for the present and future of this beneficent work. I love old landmarks. I recognize that many of them have to disappear because of the great needs of the newer time, nevertheless, it is most fortunate that when it is pos- sible, landmarks, which stand for much in the past by way of lesson and example for the future, can be preserved. It is most fortunate that in the march of civilization across the continent, Mount Vernon was left by the wayside and not in the path of progress. If the railway had not been built and the river Potomac had become, as Washington thought it \yould, a great commercial highway. Mount Vernon could not have been preserved but would have been the site of a thriv- ing industry and great hotels. But now in the hands of a society of patriotic ladies, it will remain a Mecca for all time for lovers of liberty from all over the world. I recently visited Bunker Hill. I noted how the city had surged around it and pressed upon it. If three-quarters of a century ago it had not been preserved, future generations would have lost the flower and fruit of the story of the Revo- lution. We rejoice in the growth of the railway with which we are connected and with which many of us have been so long. A year from next January will round out my half century in its service. This has been for me fifty years of marvelous experience, of wonderful opportunities to witness the expan- sion of the country and especially of its railway systems, and of exquisite pleasure in cherished associations with men in every branch of the New York Central, and in every capacity in each branch. Equally with executive officers have been men whom I highly value in the Operating Department, in the Freight and Passenger Departments, in the Law Depart- ment, in the shops, and in every activity of tliis great cor- poration. In yielding to the necessities of expansion of our System, this building is to be succeeded by one much larger and much better equipped for the present and for the future, which is erected, completed and will soon be dedicated, but we can to-night devote our thoughts to the past, we can think .59 of the work which has been done here, we can recall the thousands who have loved and passed through these rooms, we can rejoice in the young men who by, the opportunity here offered have risen from humble positions to the very highest in the service of the railways of the country. If a volume could be written of characters here formed, of characters here rescued, of opportunities here availed of, of ambitions here aroused, of careers here opened and of happiness which has come to thousands, in their own lives and that of their families, it would be one of the most helpful and instructive works in any library in the world. Speech of HON. CHAUNCEY M. DEPEW at the Grave of Lafayette in Paris, on the Morning of the Fourth of July, 1914. Ladies and Gentlemen : I have rarely participated in a more interesting ceremony than this. I did not know until yesterday afternoon the story of the last resting place of La- fayette and the history surrounding it. I am sure that few Americans know this story. It illustrates better than anything two conceptions of liberty. During the reign of terror those amiable representatives Robespierre, Danton and Marat de- cided to clean out the prisons, and they made a battue of the prisoners and guillotined in one day 1,306. Their bodies were thrown into carts which were driven out into what was then the country around Paris and thrown into a ditch. These victims had been guilty of no crime, many of them had never been tried, they were held because information had been filed with the Government against them by spies or enemies. The Government under the motto of Liberty, Equal- ity and Fraternity was so fearful of their power that they killed all who were opposed to or suspected by them of being hostile to their continuing in office. When the terror was over and orderly government and law was restored the fam- ilies of these victims purchased the ground in which they were buried and a large tract around it. They surrounded the ceme- tery with a high wall. They then in the adjoining ground built a convent and a chapel. They arranged with a sister- hood of nuns to give to them the convent building, the chapel and grounds, providing they would care for the grave of the 1,306 and would offer prayers continually forever. They also provided a fund sufficient to maintain the convent and its duties. For over two hundred years two of the nuns have •been day and night before the altar offering these prayers, the sisters being relieved every thirty minutes by others. This will continue for all time. When Lafayette died he directed that he should be buried in the convent grounds next to the wall which enclosed the grave of the martyrs of the revolu- 62 tion. Here we have two remarkable illustrations of liberty. On the one side of this wall that liberty of which Madatne Roland remarked when she stood at the foot of the guillotine, "O Liberty, how many crimes are committed in thy name!" On this side the grave of Lafayette represents all that he and Washington fought for and all that we Americans and French celebrate on the Fourth of July. It is a beautiful custom that the Americans in Paris should on every recurring^ of the birthday of their Republic place a wreath of flowers upon the tomb of Lafayette in per- petual commemoration of what he and the French did to se- cure our Independence. It means that as long as flowers blos- som and bloom so long will Lafayette's memory remain fresh and fragrant with the American people. Time eliminates celebrities. The heroes of one age are forgotten in the next. A man represents to the mass of the people the principles for which he fought and of which he was a leader. His associates are gradually forgotten and he alone remains to represent the idea. When I was a boy every American school boy and school girl could easily recall the story of a score of the great Ameri- can generals and French officers of the American Revolution. , To-day I doubt if the great mass of the children of the United States could do the same for any, except Washington and Lafayette. They have crystallized in their names all that was won for the people by the American Revolution and of the assistance rendered by the French. Lafayette represented a universal conception of liberty hitherto unknown. There had always been patriots who were willing to sacrifice everything for their own people and their own country, but Lafayette gave himself, his fortune and his future for the liberty of a people of whom he knew little personally and the country of which he knew less and which he had never seen. It was the beginning of that sympathy for the principle by one nation for another which was struggling, sacrificing and suffering to secure its rights or a people to win their liberties. Knight- errantry had been chivalric on many battlefields, but never before to secure or to win fundamental rights for others than those of theii- own race or religion. It was the birth of that 63 universal idea of liberty which made us sympathize and help Greece and which carried Lord Byron in his romantic gal- lantry to their assistance. It was the same principle which carried us into our neighboring island of Cuba for its deliv- erance. Right-minded people of all nationalities are laboring for universal peace. It will come when the world understands and is ready to act at any sacrifice upon the principles which actuated Lafayette and led him to enlist in the cause of Ameri- can Independence. speech by HON. CHAUNCEY M. DEPEW at the Fourth of July Banquet of the American Chamber of Commerce, Paris, on the Evening of the Fourth of July, 1914. Ladies and Gentlemen : It has been my pleasure and a very great one to attend a majority of the twenty Fourth of July banquets which have been given by the American Cham- ber of Commerce in Paris. All of them have been interesting and instructive with eloquence and humor. I miss the annual speech of my venerable friend, Mr. Seligman. I think that my prosperity and longevity have been assisted by his Fourth of July advice to all of us to live within our incomes and be true to our families. I have celebrated the Fourth of July in many countries and several times on a steamer on the Atlantic ocean. The day is a sad one for an American on the Atlantic. He recalls, as I well remember, that sixty years ago the United States had sixty-one per cent of the tonnage of the ocean. To-day it has less than nine per cent. This is because practical men have been replaced in legislation by theorists. The theorists would be all right and successful, if the millenium had arrived and Gabriel's trumpet had sounded and all peoples of all nations were united in one brotherhood and singing the same hymns. Germany, in the meantime, within the last quarter of a cen- tury has abandoned her theorists, and her practical men of experience and wise statesmanship have made her from noth- ing the second maritime power of the world. Sixty years ago the Fourth of July orator was most eloquent on the flag of his country flying from American ships on every sea and in every port of the world. Now the Ameri- can circles the globe and never meets an American ship carry- ing the flag of his country. I love to recall the old Fourth of July of sixty and seventy years ago, when in every village the veterans at sunrise fired the old cannon, the church bells rang, the procession went round the streets with the old soldiers of previous wars in carriages, the people gathered in the grove and listened to the reading of the Declaration of Independence 66 and the inspiration of the oration. The small boy fired his pistol and his crackers, burned his fingers and his face with powder and was a recruit in the future at the call of his country. Now there is no sunrise gun, no procession, no oration, everybody goes on a picnic, the children eat too much cake, drink too much lemonade, fill up with ice cream and remember the Fourth of July as stomach-ache day. But under our new dispensation it is what the eugenics call a sane and safe Fourth of July. Americans can celebrate the Fourth of July and bring its spirit anywhere in the world. This year it will be significant in England because it is a part of the celebrations of the hun- dred years of peace between English speaking peoples. But it is celebrated with more sentiment and fervor by Americans away from home in France than in any country, for Lafayette and Rochambeau equally with Washington made the Fourth of July possible. French aid, French armies and French gal- lantry joining with the American army saved liberty for the United States and the world. So Americans can say of the French on the Fourth of July what my old friend, Colonel Somers of South Carolina, said in closing a hot discussion on the merits of religious sects. The Colonel said, "I admit that Catholics can go to Heaven, so can Baptists, Presbyterians, Unitarians and others, but if you wish to go to Heaven as a" gentleman with gentlemen, you must be an Episcopalian." To appreciate the spirit of this day, we must go back. We must think of what there is of the old which is worth preserving. Everything new is not better than the old because it is new, nor is reform always an improvement. The old athlete who regained his strength every time he fell on his mother earth typifies the American who gets new inspiration from the Constitution of the United States. It is fashionable now to ridicule these statesmen who one hundred and twenty- seven years ago, sitting in convention with their knee breeches, silver buckle shoes and silk coats framed the Constitution which Mr. Gladstone said was the greatest document ever prepared by men at one session. The fathers of the Republic in founding their govern- ment had sevetal distinct purposes. One was to form a Union 67 of the States which would be indestructable, the other that the people, instead of legislating in mass meetings, should elect from their own number competent men to be their law- makers. They then created a new department of government, the Supreme Court of the United States. The power of this great Court was to prevent the Congress from passing laws which were not permitted under the Constitution and to pro- tect the people from unconstitutional acts, which would impair their liberties or confiscate their property. This Government has existed unchanged for a hundred and twenty-seven years. It has added to the Union thirty-five great commonwealths or States ; peopled the continent and made our country the freest and happiest the world has ever known. The fathers' central ideas were to base their institu- tions on the individual. All governments the world over were built upon classes. The fathers abolished classes and gave power to the masses. They encouraged the individual by giv- ing him the largest liberty to work out his own career and destiny. Freed from the shackles of aristocracy and privilege created by law, the individual has superbly demonstrated the wisdom of this policy. He has built up cities and villages, he has turned the wilderness into farms and the waste places into gardens. He has scaled the Rocky Mountains and created an empire on the golden coast of the Pacific. He has built mills and manufactories, he has developed water power and natural resources, he has found and contributed to the world for its health, wealth and happiness mines of coal, gold, silver, copper and other minerals. He has carried with him every- where religiousi and civil freedom. He has carried with him the church, the schoolhouse and the free press. This process and system has permitted the ablest and the most resourceful to win great prizes, but in a measure the whole community has shared in the results of his genius. Now we have a new school. This school would destroy the safeguards of the Constitution and deprive the individual of the fruits of his ability, energy, resourcefulness and far- sightedness. The question is and it is an acute one, will we have better laws from the mob than from Congress? The new school demands that laws shall be initiated by a petition 68 of five or ten per cent, of the voters and passed by a plurality of a general election. 3o far in the States where it has been tried the busy people become confused by having so many questions to study and to act upon, that as a rule only twenty per cenL vote, and eleven per cent, or just a majority of the twenty per cent, constitute the government. The new school also would make the mob the court. It would recall the judge if a temporary majority did not like his decision and virtually destroy the court. I believe the best judgment of our country is convinced that the experience of our first century has dem- onstrated that the rights of the minority, the permanence of orderly liberty and the safety and , welfare of our people depend upon preserving the independence and integrity of the courts. Our country with two great leaders who founded two schools of political thought — Hamilton, who believed in a strong central government, in the regulation of everything possible by law and in providing every safeguard against hasty action by the people; Jefferson on the other hand believed that the States should be the stronger, that the central gov- ernment should have very little power and that there should be the fewest possible laws. His famous maxim was, "That government is best which governs least." The Republican Party retains the principles of Hamilton in the main. In the changes of a century The Democratic Party, which was founded by Jefferson, has repudiated Jefferson and adopted the principles of Hamilton. It believes in strengthening in every way the power of the central government. The Presi- dency has grown in power until our chief Magistrate exer- cises more authority than the Czar of Russia. He initiates laws, calls Congress together and tells the Senate and the House of Representatives that they must pass them, and the Senate and the House of Representatives with little hesitation obey. The people seem to like this change in the spirit of our institution but it makes our executives all powerful and our legislators rubber stamps. The new system, the new idea is rapidly developing into control by the government of all business. The railways are the arteries of production and commerce and their prosperity is the sure barometer of the prosperity of the country. The 69 control by the government of the railroads is now complete but without the government assuming any responsibility. With the government's approval the wages of the employees have been increased within the last two years sixty millions of dollars annually on the roads East of Chicago, and many more millions have been added to the expenses of the rail- roads by full crew laws which are foolish and unnecessary, -by regulation of the Interstate Commerce Commission and taxes. The railroads have no way of meeting these increased expenses except b}' increasing rates. The government has hesitated for many months to give relief which is so plainly needed that every business man in the United States thinks it ought to be done. A government official^ said to me, "When the prophet Elijah asked the widow for some breakfast, she said that she and her son were starving, that they had only enough meal in the barrel and oil in the can for one cake and that she and her son were going to eat that cake and then die. But Elijah said, "Keep taking meal out of the barrel and oil out of the can and they will never fail." The widow had faith, she fed Elijah, her son and herself and the whole neighborhood while the famine lasted. The more meal she took out of the barrel without any being put into it, and the more oil she brought out of the can without any fresh oils being added, the more meal there was. left in the barrel and the more oil in the can. "Now," said the official, "why cannot the railroads do that?" I said, "Because the government do not give us Elijah." I have been in active business for about sixty years and during the whole of that time general prosperity and good crops have gone hand in hand together. There never has been a time when the earth has brought out its abundance and the harvests have created new wealth that there did not follow an im- provement in every business and booming times in every de- partment of American investment, endeavor and employment. We are assured this year the largest crops in the history of our country, the wheat fields give two hundred and fifty mil- lions more bushels than ever before, and corn, barley, rye, oats and cotton show equal phenomenal increases. From all experience there should be brilliant markets and wonderful 70 prosperity, but instead neither the exchanges nor the factories nor the labor employment bureau responded. What is the matter? President Wilson is able and honest. He is the best educated and most cultivated of our Presidents. He is an eminent college president and professor, but never was in con- tact with business. He said to representatives of the 36,000 manufacturers from the West who complained to him that they were working on half time with half employment because of uncertainty as to legislation, that there was no reason why they should not be running their factories on full time and reemploy all their employees. "Gentlemen," he said in effect, "the trouble with you is not the laws which have been passed by this Congress or which we propose to pass; your trouble is purely psychological. Go home and think prosperity is here, and you will find it here." A lady said to the son of a neighbor, "Bobby, how is your father?" Bobby said, "He is very sick, madam, and we are afraid he will die." The lady said, "Bobby, tell your father to think that he is well, and he will be all right in a: few days." Some time afterwards the lady met Bobby again and said, "Bobby, how is your father?" "Well," said Bobby, "madam, he thinks he is dead and so we buried him." We have the new tariff law and the new currency law which most people approve and we can adjust our business to the new conditions they create. But Congress is now pass- ing laws called Anti-trust which give to the government the power to examine into every business whether by an individual or by a corporation and to ascertain all its secrets and reveal them. This legislation is said to have two objects, one to pro- mote competition, the other to prevent competition. The busi- ness world says to the President, to the Cabinet and to the Congress of all parties, "Give us a rest." I am an optimist by nature and more so by experience. The American people who have accomplished such wonders in the last century, in the last fifty years, in the last quarter of a century have still the same vigor, the same enterprise and the same hopeful audacity as of old. They cannot stand imcertainty. Give them the rules of the game whatever they are and they will play the game to the limit and as they have always done to 71 success. Their resourcefulness still exists. At Hammonds- pqrt, New York, the other day at a trial trip of the hydro- plane which is to cross the Atlantic, they had an American flag, but none of England or France which countries she is to visit. A citizen had two cancelled postage stamps, one English and the other French. He pasted one on one side of the hydroplane and the other on the other side, and then she went in the air carrying the emblems of the United States, France and England. The wonderful report of Admiral Fletcher detailing the gallantry of our sailors and soldiers at Vera Cruz shows that the spirit of the Revolution and of the Civil War on both sides, is still as brilliant and full of self-sacrifice and patriotism as ever. Liberty has now more oracles and priests than ever before. They interpret her teachings in many and diverse ways. They appeal to passion, to self-interest, to prejudice, to class hatred. But she is the' same pure spirit which guided the patriot armies from Bunker Hill to Yorktown, inspired the immortal Dec- laration of Independence and granted wisdom to the framers of the Constitution. To maintain in spirit, in legislation and in national life her beneficent principles is the glorious mission of our sister Republics, the United States and France. THE TERCENTENARY OF OUR CHARTERED COMMERCE Written by HON. CHAUNCEY M. DEPEW for the New York Times, November 1, 1914, Tell- ing its Story Since the Early Days of the Dutch and of the Lessons that May be Learned From it for the Future The first quarter of each century has been distinguished by events which have had a marked influence on the history of the world. In 13 14 the union was formed between France and Navarre which created a new and dominant power in Europe. In 1415, one hundred years later, was fought the battle of Agincourt which gave France to England for a long period of years. In 1610, two hundred years later, Henry IV. was murdered, the tendency toward liberalism was stopped, and France came under the baleful influence of Mary de Medici. After the brilliant government of Cardinal Richelieu, the Edict of Nantes was repealed, the Huguenots scattered over the world, to the great enrichment of other nations and the par- alysis of French industry. In 1814 the battle of Waterloo ended the career of Napo- leon and restored Europe for a time to Bourbon and autocracy. We turn to Germany and find the same fateful first quar- ter of the century; 1508 to 1517 saw the rise of Luther and the most significant revolution of the Middle Ages. In 1618 began the thirty years' war, which destroyed cities and wasted the country, and after awful horrors and slaughter left Ger- many seriously depopulated and impoverished. But in 1813 arose the Order of the Iron Cross, which drove Napoleon from Germany, aroused German patriotism, and regained Ger- man independence. Great Britain in her history singularly illustrates the same rule. In 1215 the Barons at Runnymede wrung from King 74 John Magna Charta, the genesis of our own liberties. In 1314, one hundred years later, the battle of Bannockburn united England and Scotland; 161 1 witnessed the completion of our authorized version of the Bible. Its influence has been incal- culable upon English and American history, upon literature in the English language and upon the language itself ; 1614 was the zenith of the activities of Shakespeare, and the battle of Waterloo in 181 5 gave to Great Britain her escape from the peril to her empire and her commerce and a commanding influence on the ocean and in the affairs of Europe, Asia, and Africa. The victory at Blenheim in 1704 was followed by the Treaty of Utrecht in 1713, which conceded the things necessary for the British Empire of the future. The year 1914 is one of the most fateful, not only to the United States but to the world. The most gigantic war of all the centuries is in progress. Eight hundred millions of people, one-half of the inhabitants of the earth, are in deadly conflict, with engines of destruction never imagined by the soldiers of the past. The destinies of dynasties, the bound- aries of empires, the liberties of peoples, the future of civiliza- tion, the influence of Christianity are all involved in this titanic conflict. But at the same time for, the United States 1914 is an era of the victories of peace. It witnesses the completion of a century of peace between the United States and