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

III 10 llOs OAiif O1AlA-.S ~ -
eign commerce, but taking measure
to carry it in our own bottoms.
Difficult as this work appears, an
really is, it is susceptible of accom-
plishment by patient and intelligen
labor, and to no hands can it b
committed with as grea. assuranc
OF success as to those of the Repub
lican party
OUR MONETARY SYSTEM.
The Republican party is the in
disputable author of a financla
and monetary system which 1t j
safe to say has never before beei
equaled by that of any other Ma
ton.
/ Under the operation of our sys
TEN of finance the country was safe
lly carried through an extended ant
expensive war, with National cred
it which has risen higher and high,
er with each succeeding year, unit
now the credit of the United States
is surpassed by that of no other ma
ton. while its securities, at con-
stantly increasing premium, are ca.
gerly sought after by investors in al
parts of the world.
Our system of currency is most
admirable in construction. While
all the conveniencies of bill circu-
lation attached 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
be impossible for any man to lose a
penny in the bonds or bills of the
United States or in the bills of the
National Banks.
The advantage of having a 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 curren-
cy should be maintained intact, and
the establishment of an international
standard among ali commercial ma
tons, fixing the relative values of
gold and silver coinage, would be a
measure of peculiar advantage.
INTER STATE, FOREIGN COMMERCE AND
FOREIGN RELATIONS.
The subjects embraced in the res
olutions respectively looking to the
promotion of our interstate and
foreign commerce and to the matter
of our foreign relations are fraught
with the greatest importance to our
people.
In respect to interstate com
merce, there is much to be desired
in the way of equitable rates and
facilities of transportation, that COM
merce may flow freely between the
States themselves, diversity of in
dustries and employments be pro-
noted in all sections of our country,
and that the great granaries and
manufacturing establishments Of the
may be enabled to send
their products to the seaboard for
shipment to foreign countries, re-
Iieved of vexatious restrictions and
in matters of which
t way emphatically be said, time |
IS money" and also of unjust charg- /
IS upon articles destined to meet
;lose competition from the products /
,f other parts of the world.
As to our foreign commerce, the |
enormous growth of our industries,
md our surprising production of ce-
eals and other necessities of life,
mperatively require that immediate !
md effective means DE taken !
through peaceful. orderly, and con-
ervative methods to open markets,
which have been and are now mo-
lopolized largely by other nations.
This more particularly relates to our
lister republics of Spanish America,
IS alse to our friends the people of
he Brazilian empire.
The republics of Spanish America
re allied to us bv the very closest
nd warmest feelings, based upon
imilarity of institutions and gov
rnment, common aspirations and
mutual hopes. The Great Repub-
ic," as they proudly term the United
states, is looked upon by their peo-
lie with affectionate admiration and
> the model for them to build upon,
nd we should cultivate between
hem and ourselves closer commer-
ial relations, which will bind all
oeether by the ties of friendly inter
curse and mutual advantage. Fur
her than this, being small common
in the military and naval
ense of the European powers, they
ook to US as, at least, moral de-
ender against system of territorial
nd other encroachments which, ag
ressive in the past, has not been
at this day. Diplomacy
nd intrigue have done much more
o wrest the commerce of Spanish
america from the United States
han has legitimate commercial COM
Politically we should be bound TO
he Republics of our continent by
he closest ties, and communication
" ships and railroads should be en-
to the fullest possible ex-
ent consistent with a wise and cor
ervative public policy. Above ali,
We should be upon such terms of
as to preclude the possi-
,ility Of national misunderstanding
between ourselves and any Of the
members of the American Republi-
AN family. The best method to
promote uninterrupted peace be-
ween one and all would lie in the
Meeting Of a general conference or
whereby an agreement to
submit all international differences
o the peaceful decision OF friendly
might be reached.
An agreement OF this kind would
1--WE to our sister republics conf
ience in each other and in US, closer
would at once en-
sue, reciprocally advantageous COM
mercial treaties might be made,
much of the commerce
which NOW flows across the Atlantic /