Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1884-07-22

ards, and as long as the just and wise pol
lev of the Republican party is continued
there can be no impairment of national
credit Therefore, under the present laws
relating thereto, it will be impossible for
any man to lose penny in bonds or in
bills of the United States, or in bills of
National banks. The advantage of having
a bank note in the house which will be as
good in the morning as ii was the night
before will be appreciated by all. The
convertible currency should be MAIN
tanned intact, and the establishment OF an
international standard among all CONNER
cial nations, fixing the relative values of
gold and silver coinage, would be meas
ure of peculiar advantage.
INTERSTATE FOREIGN COMMERCE AND FOR
EIGN RELATIONS.
The subjects embraced in the resolutions
respectively looking to promoting our in
terstate and foreign commerce and to the
matter of our foreign relations, are fraught
with great importance to our people. In re
spect to interstate commerce there is much
to be desired in the way ofequitabler rates and
facilities of transportation, that commerce
may flow freely to the States themselves,
a diversity of industries and employment
to be promoted in all sect ions of the coun-
v,
featuring establishments of the interior
may be enabled to send their products to
the seaboard for shipment to foreign coun-
tries, relieved of vexatious restrictions and
determinations, in matters ofwhich it may
emphatically be said Time is money,
and also of unjust charges upon articles
destined to meet close competition 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 re-
duire that immediate and effective means
may be taken through peaceful, orderly
| and conservative methods to open markets
which have been and are now monopollZed
| largely by other nations. This more par
ticularly relates to our sister republics OF
Spanish America and also, too 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 a similarity of institutions and
government, common aspirations and
| mutual hopes. The Great Republic, as
| thew proudly term the United States,
| is looked upon by their people
with affectionate admiration, and as a
model for them to build upon, and we
should cultivate between them and our
selves closer commercial relations, which
vii bind all together by ties of friendly in
| tercourse and mutual advantage. Farther
than this, being small commonwealth IN
military and naval sense, they look to us
as at least moral defender against sys-
! tenn of territorial and other encroach-
ments which, aggressive in the past, has
not been abandoned at this day.
Diplomacy and intrigue have done much
| more to wrest the commerce of Spanish
America from the United States than has
legitimate commercial competition. Politi-
| cally, we should be bound to the republics
our own continent by the closest ties,
and communication by ships and rail
roads should be encouraged to the
fullest possible extent consistent with wise
and conservative public policy.