Belmont chronicle. [volume] (St. Clairsville, Ohio) 1855-1973, 1884-07-31

Industry upon prosperous basis should
be extended.
| No one realizes more fully than myself
the great delicacy and difficulty of ad
justing tariff so nicely and equitably
as to protect every home industry, sus-
tain every class of American labor, pro
mote to the highest point our great agri-
cultural interests, and at the same time
TO give to one and all the advantages per-
7 tanning to foreign productions not IN
lcompetition with our own, thus not only
building up our foreign commerce, but
taking measures to carry it in our own
bottoms.
I Difficult as this work appears, and
really is, it is susceptible of accomplish
ment by patient and intelligent labor, and
! to no hands can it be committed with as
great assurance Of success to those of
the Republican party.
OUR MONETARY SYSTEM.
4 The Republican party is the indisputa-
BILE author of financial and monetary
system which is safe to say has never be-
fore been equaled by that of any other
nation.
Under the operation of our system of
| finance the country was safely carried
through an extended and expensive war,
with national credit which has risen
! higher and higher with each succeeding
year, until now the credit of the United
States is surpassed by that of no other
nation, while its securities, at a constant
/ ly increasing premium, are eagerly sought
after by investors in all parts of the
world.
Our system of currency is most admir-
rable in construction While all the con-
venienceS of bill circulation attach to
it, 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, it will he impossible for
any man to lose penny in the bonds or
bills OF the United States or in the bills
Of the National banks.
The advantage of having bank note
in the house which will be as good in the
morning as it was the night before, should
be appreciated by all.
The convertibility of the currency
should be maintained intact, and the esr
tablishment of an international standard
among all commercial nations, fixing the
relative values of gold and silver coinage.
would be measure of peculiar advan-
tage.
INTERSTATE, FOREIGN COMMERCE AND
FOREIGN RELATIONS.
The subjects embraced in the resolu-
tioDs respectively looking to the promo
tion of our Interstate and foreign COM
merce and to the matter of our foreign
relations are fraught with the greatest
Importance by our people.
La nrespect-te the inter- state commerce,
there is much to be desired in the way
of equitable rates and facilities of trans
portation, that commerce may flow freely
between the states themselves, diversity
of industries and employments.be pro-
NOTED in all sections Of our country, and
that the great granaries and manufac-
turing establishments of the interior may
be enabled to send their products to the
seaDo I'd for shipment to foreign coun1
tries, relieved of yexatious restrictions
and determinations in matters of which
it may emphatically be said, "time is
money" and also of unjust charges upon
articles destined to meet close competi-
tion from the products Of other parts of
the world.
AS to our foreign commerce, the
enormous growth of our industries, and
our surprising production of cereals and
other necessities of life, imperatively
require that immediate and effective
means be taken through peaceful, orderly
and conservative methods to open mar
diets which have been and are now NOR
nopoliZed largely by other nations. This
more particularly relates to our sister
republics of Spanish America, 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 warm
est feelings, based upon similarity of in
Stitutions and government. common as
iirations, and mutual hopes. The great
republic" as they proudly term the
United States, is looked upon by their
people with affectionate admiration and
as the model for them to build upon,
and we should cultivate between them
and ourselves closer commercial rela-
tions, which will bind all together by the
ties of friendly intercourse and mutual
advantage. Further than this, being
small common wealths, in the military
and naval sense of the European powers,
they look to US as, at least, moral de-
fender against system of territorial
and other encroaehments which, aggres-
siye in the past, has not been abandoned
at this day. Diplomacy and intrigue
have done much mere to wrest the cont
merce of Spanish America from the
United States than has legitimate CON-
mercial competition.
Politically we should be bound to the
republics of our continent by the closest
ties, and communication by ships and
railroads should be encouraged to the
fullest possible extent consistent with 4
wise and conservative public policy.
Above all we should be upon such terms
of friendship as to preclude the Possibil-
ity of national misunderstanding be-
tween ourselves and anv of the members
of the American republican family. The
best method to promote uninterrupted
peace between one and all would lie in
the meeting of general conference or
congress, whereby an agreement to sub
nit all international differences to the
peaceful decision of friendly arbitration
might be reached.
An agreeptht of this kind would give
to our sister republics confidence in each
other and in us, closer communication
would at once ensue, reciprocally advan-
tageous commercial treaties might be
made, whereby much of the commerce.
which now flows across the Atlantic,
would seek its legitimate channels, and
inure to the greater prosperity of all the
American commonwealths. The full
advantages of a policy of this nature
could not be stated in brief discussion
like the present.