| Show HONOR GUEST AT lUNCHEON Senator Aldrich of Rhode Isi Island Island and Entertained by the Bankers and Business Men of Omaha in Western Style STATESMAN INVESTED WITH COWBOY REGALIA Address Addres on the Need of Mone Monetary Monetary Monetary tary Reform in Which His Hearers Were Advised to Study the Serious Problem PROGRESS OF GREAT WEST Omaha Nov 10 That Senator Aldrich Is becoming rapidly westernized his friends will wilt be convinced when he ho returns to New York and Washington if lC he wears his new clothes The principal recent ad addition addition addition to his senatorial is isa Isa isa a pair of ot leather chaps such as cow boys wear waar They The were presented to him here today toda by former United States Son Sen Senator ator Manderson and the presentation formed the merriest if not the most im important Important important feature of a noonday luncheon tendered the senator at the Omaha club clubby clubby clubby by Luther Drake a banker of ot this city Mr Aldrich did not know what to call the trousers nor did he h make explicit r promise to wear them but he accepted them with evident pleasure and in doing so made a speech which showed that it itis itIs itis is possible after all for tor him to give at attention attention attention to other than financial questions Mr Aldrich arrived here early today on his tour In Jn the interest of monetary re reform reform reform form and In addition to t his informal speech at the Omaha club he delivered an address tonight before the Commercial club Adverse Criticism Unheeded The coming of Senator Aldrich had been anticipated with much interest He had been advised that here he would be in the very vet heart of ot the country In addition he had been preceded here by b Congressman Fowler of ot New Jersey un until until until til recently chairman of ot the house com corn committee committee on banking and currency who was represented presented r to have severely criticised criticised what are supposed to be some of ot the Rhode Island senators banking Ideas The hope hopp had been that Mr Aldrich would give some attention to these opposing ele elements elements ments but hut those who entertained such hopes were disappointed He THe did take occasion to refute the idea that his ef efforts efforts efforts forts as a legislator are purely In the In Interest Interest interest terest of eastern states but he lie did not mention any of his critics by name hame He asserted that his efforts had ever eer been to serve the interests of all sections and andall andall andall all classes At the night meeting Senator Aldrich again went over the work of the commis commission commission commission sion to date and outlined the labor before it appealing as at previous meetings meeting to bankers and business men to study the th question of banking and currency reform Whole Country Interested I He dwelt upon the national character gf tha n th nh n the T Int t re ret iC f th el entire coun country country I Itry try Indeed he declared It would be al aJ almost almost most If It not Quite Impossible to formu formulate formulate late a banking bankin law that would work wholly for tor the benefit of any anyone one section In this connection he spoke of the rapid development of ot the west and at the after afternoon afternoon afternoon noon gathering said saidI I made a trip through southern Kan Kansas Kansas sas in 1881 1581 and I then gave careful at attention attention to the country I would not have given 50 cents for tor the whole territory after I left Kansas City It was marked in my mind and In the old geographies as the great American desert and it looked it But now that country Is flourishing like lI Uh e a It green bay tree They told me in Kansas City a story of oC a man who came Into a II bank about the time of ot which I speak and wanted to borrow a thousand dollars to put a roof on his barn The Theother Theother Theother other day this same man came into the bank and asked the officials about se securities securities securities and mortgages When asked what he wanted he replied Well I have hae havea haea a little sum I would like to Invest They said How much Well he said I think perhaps I can spare fifty thousand dollars now Farmers Capitalists Here Hero In the brief span of ot a genera generation generation generation tion is a man who started out by bor borrowing borrowing borrowing rowing a thousand dollars to repair his roof and who now has become a II capital capitalist And as nearly as I can make out every farmer In Nebraska and Kansas and all through this territory Is a cap capitalist capitalist A voice right This Is the capitalistic section of at the country We shall have to look out for tor our laurels In the east cast We used to loan money to this section of the country those of at us that had money mone to loan But I expect that in order to develop our little farms I J being a n farmer myself very soon if It we need any repairs to our roofs we shall have to come to Omaha or to Kansas get it Really Reali it Is a very serious condition There is more or less embarrassment of riches about It We e have thousand banks and soon will have hae fifty thousand We are going to have the greatest surplus capital of ot the world in inthe Inthe inthe the United States soon We Ve have a great many things to think about I am go going goIng ing lag to ask you bye and bye to help me meto meto meto to think about it It Is very important that somebody should do a great grent deal of thinking It Is your duty as well as mine mineto to take such steps as you can to perpetuate perpetuate perpetuate the present prosperity of ot the coun country country country try Senator Aldrich has received many pressing invitations to visit a number of other western cities but has been com corn compelled compelled to decline all because be ause present en engagements enI I take him up to the meeting lof I of the commission on ot Nov 20 |
