The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1884-07-24


An-a,,o, ~, 'a. .,l tl' IInn. John
milIyv3
GTNTLrN accepting the nomi-
nation for the Presidency, tvudvrci iuv
hy the Republican National convention,
beg L. express u deep ~'NN' a. tHn
honor which Is conferred, a"d 81 thr
duty which i imposed, | venture 1"
ACCOMPANY the acceptance with som"
observations upon questions involved
ia the contested questions,
whose settlement may effect
tho future ut the nation,
iaV0rlh.Y ur Uu.uyorAhly for a lon,
scrly, III wears. In cuumCu,n. the
issues upon which the Republican party
appeal, Tor popular support, nc r"nEcn
ton has h,cn SiugUlnT,N eSplln!t and ic-
ll,.rg~, II has properly given IN" lead
iu.. position to the Industrial inurcst,
~ Tie country rs affected Icy the tarii.
nu Imports, On TINT question the Two
parties age radically IN conflict. NJ
inu.t the Grst act ut the Republican,
when they came in power IN Eel was ~"
establishment ot ihc principle ui pTutuc-
ton To- American lluur and To- American
"mutal. This principle IT," Republican
lar.v has ever siaru steadily maintain
ru, while on the other hand tho hoEp
uraJi' party in Congress hiss tor MY
years pcrsiStently warrcd uppu.' Iwi"o
within that period our opponent" have
destroyed tariffs arranged for protection
and since the close OF the civil war,
whenever they have controlled the
House OF Representatives., hostile lcgiS-
lntion has been attempted, never more
couspicuoTsly than in their princil q
measure at the late session of Congress.
THE TARIFF QUESTION.
Revenue laws in their very nature are
subject 10 frequent revision, in order
that thcy may Ice adjusted 10 the
changes and mUdi!icHtiuUSoi trade. Vhc
Republican party ! not contchding for
The periuU'rucy of any particular stat
does not have reference ton specific law.
Il is far broader and far deeper.
IL involves a principle of wide
application and bCnct"cnt Influence
. .nin.t u theory which We believe to ice
unsuurd in conception and Inevitably
hurtful. In the many tariff rcVisiOnS
which have been necessary for the past
twcn:y-threc years, or which may here
after become necessary, ,thc.Rcpuh!iran
party has maintained and will itnintliu
the policy of the protection Of american
II luslry, while our opponents insist
upou a revision which practically de-
stroys that policy. The issue is thus dis
iinct. well defined and unavoidable. Tho
pending election may determine
The tate OF protection for
n generation. the overthrow
of policy, large reduction in the wages
of the American laborcr, besides involv
ing the loss of vast amounts of Amcri-
can capital invested in manufacturing
enterprises. The value of the present
revenue system TO the people of the
United States is not n matter of theory,
and / shall submit no argument to sus-
tain it. l only invite attention To GER
t.,,, IsfG If
which seems to constitute n
demonstration. In the census
Of 1870 an effort was
made for the first time in our history to
obtain n valuation of all the property in
the United States. The attempt was in
Il large degree unsuccessful, partly from
the lack of time, partly from the preiu'
dice among many who thought the in
ouir:es forcshadowed Nero scheme Of
taxation. The returns were incomplete
and unsatisfactory. Little more was
done than to consolidate local val
nation used in the States for the
purposes of assessment, and that,
as every one knows, differs
widely from a complete exhibit of all
ever, the work was done with great
tlloroughness, the distinction between
"assesSed value" and "true value" be.
ing carefully observed. The grand re-
snlt was that the true value Of all the
property III the United States and terri
torres, excluding slaves, amounted to
sl4.10,G0,0o0. This aggregate was
the grand result of the labor and savings
IN all the people within the area of the
United States from the time the first
British colonist landed in 1907 down to
the wear leo. 1t represented the first Of
n term OF 80 years. After $3.50 the bust
ness of the country was encouraged and
developed by q protective tariff. At the
end of twenty years the total property
Of the United States as returned by cen
sus of 1850 amounted to the cnor-
nous aggregate of SH,WJ,HU,ur0.
This great result was attained, notwith-
standing the fact that countless millions
had been, in the interval, wasted in the
progress of a bloody war. 1t thus aD.
bears that while our population between
1850 and 1850, increased 60 per cent, the
aggregate property of the country in
creased PA per cent, showing a vastly
enhanced wealth per capita
among the people; $4,000, ooQ,ooo,
had been added during these
twenty years to the permanent
wealth of the nation. These results are
regarded by older nations OF the world
Us phenomenal. That our country
should surmount the peril and cast Oft II
gigantic war, and for an entire period of
tWcIlN years, IluEt an gam 10
its wealth of $l25,90O.tOO per month, sur
passed the experience of all other ma.
lions, ancient or modern. Even
the opponents of the present
revenue system do not pre-
tend that in the whole history
II civilization any parallel can be found
to the material progress of the United
States since accession of the Republican
party to power. The period between
isGO and to-day has not alone been one
Of material prosperity. At no time in
the history of the United States has
there been such progress in the moral
and philanthropic field; religious and
charitable institutions, school seminaries
and colleges have been founded and en-
dOwed more generously than at any
previous time in our history; greater
and more varied relief has been ex-
tended to human suffering. and the
entire progress of the country in wealth
has been accompanied and dignified by
the broadening elevation of our national
character as a people. Our oppopents
find fault that our revenue system pro
duces a surplus, but they should not
forget that 18th the law has mas
s SSieh all Spe OF the purpose Surplus
is profitably and honorably applied
reduction Of the public debt and the con-
sequent relief of the burden of taxation.
Not dollar has been wasted, and the
only extravaganza with which the party
stands charged Is the generous pension
ing OF soldiers, sailors and their families,
;sn extravaganza which embodies the
ofjustice in the recognition
and payment of sacred debt. When
reduction OF taxation is 10 be made the |
Republican party can be trusted to ac-
oo1nplish it in such form as will mostly
be an aid to the industries of the Nation. |
OUR FOREIGN COMMERCE.
A frequent accusation by our oppo-
nents is that the foreign commerce of
he country has steadily decreased under