The Somerset herald. [volume] (Somerset, Pa.) 1870-1936, 1884-07-30

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i ing elsewhere. The Republican par
E ty aims to elevate and dignity labol
mot to degrade it.
;, As substitute for the industrial
system, which under Republican
administrations has developed such
: extraordinary prosperity, our oppo-
i nents offer policy which is but q
! series of experiments upon our sys.
: tenn Of revenue-a policy whose end
must be harm to our manufacturers
land great harm to our labor. Ex-
pertinent in the industrial and fin
nancial system is the country's great
: est dread, as stability is its greatest
, boon. Even the uncertainty resulting
. from the recent Tariff agitation iQ
Congress has hurtfully affected the
business of the entire country. Who
can measure the harm TO our shops
and our farms and our commerce,
if the uncertainty of perpetual Tariff
agitation is to be inflicted upon the
country +? We are in the midst OF an
abundant harvest We are on the
eve ola revival of general prosperity.
| Nothing stands in our way but the
dread of change in the industrial
system which has wrought such
wonders in the last twenty years,
and which, with the power of in
creased capital, will work still great
er marvels Of prosperity in the TWEEN
lty years to come.
OUR FOREIGN POLICY.
Our foreign relations favor our
domestic development. We are at
peace with the world-at peace upon
a sound basis, with no unsettled
Iquestions of sufficient magnitude to
embarrass or distruct us. Happily
removed by our geographical posi-
ton from participation or interest
in those questions of dynasty or
boundary which so frequently dis
lturb the peace of Europe, we are
left to cultivate friendly relations
with all, and are free from possible
entanglement5 in the quarrels ofany.
The United States hos no cause and
no desire to engage in conflict with
any power on earth, and we may
rest in assured confidence that no
power desires to attack TIE United
States.
With the nations of the Western
Hemisphere we should cultivate
closer relations, and for our common
prosperity and advancement we
should invite them all to join with
us in an agreement that for the fu-
ture all international troubles in
North or South America shall be
adjusted by impartial arbitration
and not by arms. This project was
part of the fixed policy Of President
Garfei's administration, and it
should, in my Judgment, be renew
ed. It's accomplishment on this
continent would favorably affect the
nations beyond the sea. and thus
powerfully contribute at no distant
day to the universal acceptance
of the philanthropic and Christian
principle of arbitration. The effect
even of suggesting it for the Spanish
American States has been most hap
py, and has increased the confidence
of those people in our friendly dis
position. 1t fell to my lot as Secre-
tary of State in June 1881, to quiet
apprehension in the Republic of
Mexico, by giving the assurance in
an official dispatch that there is
not the faintest desire in the United
| States for territorial extension south
of the Rio Grande. The boundaries
of the two republics have been estab-
lished in conformity with the best
iurisdictional interests of both. The
/ line of demarkation is not merely
conventional. 1t is more. 1t sepa-
rates Spanish-American people
| from a Saxon-Ameriean people. 1t
divides one great nation from anoth
er with distinct and natural final
ity."
We seek the conquests of peace.
We desire to extend our commerce,
and in an especial degree with our
friends and neighbors on this con-
tinent. We have not improved our
relations with Spanish-America as
wisely and as persistently as we
might haye done. For more than a
generation the sympathy of those
countries has been allowed to
drift away from US. We should
now make every effort to gain their
friendship. Our trade with them is
already large. During the last year
our exchanges in the Western Hem
isphere amounted to three hundred
and fifty millions OF dollars-nearly
one-fourth of the entire foreign com
merce. To those who may be dis
posed to underrate the value of our
trade with the countries OF North
and South America, it may be well
to state that their population is
nearly or quite fifty millions, apd
that, in proportion to aggregate num-
bers, we import nearly double as
much from them as we do from
Europe. But the result Of the whole
American trade is in hign degree
unsatisfactory. The imports during
the past year exceeded two hundred
and twenty-five millions, while the
exports Were less than one hundred
and twenty-five millions. showing a
I balance against US OF more than one
hundred millions of dollars. But
the money does not go to Spanish
America. We send large sums to
Europe in coin or its equivalent. to
pay European manufacturers for the
goods which they send to Spanish
America. We are but paymasters
for this enormous amount annually
to European factors-an amount
which is a serious draft, in every
financial depression, upon our re-
sources OF specie.
Cannot this condition OF trade in
great part be changed? Cannot the
market for products be greatly en-
larged? ? We have made a beginning
in our effort to improve oNr trade
relations with Mexico, and weshould
not be content until similar and mu-
tually advantageous arrangements
haye been successfully made with
every nation of North and South
America. While the great powers