The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1884-07-23

bottoms.
Difficult as this work appears, an,
really is, II is susceptible Of accomplish
ment by patient and Intelligent labor
ana to no hands can it be committe,
! with as great assurance of success as +
those of the Republican party.
OUR MONETARY SYSTEM
Ihe Republican party is the indisput
able author of q financial and monetar,
system which it is safe to say has neyel
before been equaled by that or any othe
nation.
Under the operation of our system OF
Inance the country was safely carried
through an extended and exponsiy,
war, with national credit which ha,
risen higher and higher with each sue.
ceedlng year, until now the credit of the
United states is surpassed by that of nc
other nation, ,whifnits securities,at a con.
stantly-increasing premium, are eagerly
sought after by investors in all parts OF
the world,
Our system of currency is most ad.
nilrable III construction. While all the
conveniences OF o bill circulation attach
70 y, every, dollar of paper represents a
dollar OF the Worlds money standards,
and as long as the just and wise policy
OF the Republican party Is continued,
there can be no impairment of the
national credit. Therefore, under
present laws relating thereto, il viii be
impossible for any man to lose Il penny
in the bonds or bills OF the United
states or in the bills OF the National
banks.
ne advantage Of having bank note
III the house which will be as good in the
morning as 1t was the night before,
should be appreciated by all.
The convertibility Of the currency
should be maintained intact, and the es-
tablishment of an International standard
among all commercial nations, fixing
the relative values of gold and silver
coinage, would be a measure of peculiar
advantage.
iNTER-srATE, FOREIGN COMMERCE. AND
FOREIGN RELATIONS.
inc SUBJECTS embraced in the resolu-
tions respectively looking TO the promo
tion of our Interstate and foreign com
nerce and To the matter of our foreign
relations are fraught with the greatest
Importance TO our people.
In respect to Interstate commerce,
there Is much to be desired in tho way of
equitable rates and facilities for trans.
portation, that commerce NAV flow
freely between the States themselves,
diversity of industries and employ.
lnents to he promoted in hll sections of
our country, and that the great grana.
res anu Manufacturing establishments
IN the interior may be enabled to send
their PRODUCTS to the seaboard for shin
nlent to foreign countries, relieved al
vexat'ous restrictions aud dscrimina-
tions In matters Of which Ii may eni.
phaticitily tie sad, ,F'time Is nioney,r and
also OF unjust chafges upon articles des-
Tuned to meet close competition from
the products {of other parts of the
world.
As 10 our foreign commerce, the enor-
nous growth. of our industries, and our
surprising production OF cereals and
other necessities Of life, impera.
lively require thai imlnrdiate ami
effectiye uteans be taken through peace
fiil, orddflyund conservative methods
toppef Iuarkots. which have been and
re noF monopolized largely by Other
Nations. This more particularly relates
70 our sister republics of Spanish Amer
Ca, as also to our friends the people OF
the brazilian empire.
The Republics Of Spanish America are
allied TO us by the very closest and
warmeSt feelings, based upon similarity
IQf hnsittruons and goyerpnleht, con,
't7,sh pi.afiVns, aud mutual hopes
|. t!,, 10 ~ RepubIic,,' AZ they proudIt
term tAs United States, Is looked upoT
py t,glr, people with atlectionate admira.
tion KFlu rs the model FOR them 10 build
upon, and we should cultivate between
them and ourselves closer commercial
relations, which will bind all together
| by the ties of friendly intercourse and
mutual advantage. Further than this
being small commonwealths, in the
military and naval sense of the Euro
pran powers. they look To us As, nj least
q moral defender against system OF
territorial and other encroachments,
which, aggressive ia the past, has moi
been abando led at this day. Diplomacy
and Intrigue have done much more L,
wrest the commerce or Spanish America
from the United States than has legiti-
mate commercial competition.
Politically wo should be bound to tho
kepublics OF our continent by the closest
Ties, and communication by ships aud
| railroads should be encouraged To Tho
fullest possible extent consistent with A
wise and conservative public policy.
Above all, We should be upon such terms
of friendship as TO preclude tho 10, II.
billty OF National misunderstanding be-
tween ourselves and any of the members
OIL tho American republican family. The
best method To promote uninterrupted
peace between one and all would lie I'm
the meeting OF general conference or
congress, whereby an agreement To sub
init Hll inferno tional differences to the
peaceful decision of friendly arbitration
might be reached.
An agreement of this kind would piyo
to our sister republics confidence I'm each
other and In us, closer communication
would at once ensue, ruciprocally adj.
yantageous commercial treaties might
be made whereby much of the com.
merco which now flows across the At
lanuc would seek ITS legitimate chan.
hels, ana ihure to the greater prosperity
Of all The American commonwealth.
The full advantages of policy of this
nature could not DO stated In brief dis.
cussion like the present.
FoRE.GN PuLlllCAL RELATIONS.
The United States has grown to he n
government representing more than 5O,-
WO,OM people, and In every sense, OK
cupting that OF mere naval power, ~ ono
OF the iirst nations of the world. As
such, It's citizenship should he valuable.
entiiling It's pOSseSsOr To protection IN
every quarter OF the globe. ] do not con
slider IL necessary that our Government
should construct enormous fleets of nm
proved iron-clads and maintain a COM
inensurate body OF seamen In order TO
place ourselves on war footing with the
military and naval powers Of Europe.
such course would not bo compatible
with the peaceful policy Of our country,
though IL seems absurd that wo have not
the effective means to repel a wanton i'm
yasion of our coast and give protection
to our coast towns and cities against any
power. The great moral force of our
country is 50 universally recognized as
to render an appeal to arms by
us, either IN protection of our
citizens abroad or In recognition
Of any just international right, quito i'm
probable. What we most need in this
direction Is a firm and vigorous assrr-
tlon of every right and privilege belong
ing TO our government or its citizens, as
well rs an equally firm assertion Of the
rights and privileges belonging to the
general family OF American Republics
situated upon this continent, when op-
posed, IL ever thew should he, hv the