Press and daily Dakotaian. (Yankton, Dakota Territory [S.D.]) 1880-1889, 1884-07-25

Ous basis should be extended.
No one realizes more fully than myself
the great delicacy and difficulty of ad-
iustlng tariff so nicely and equitatly
as to protect every home industry, sus.
tain every class of American labor, pro-
mote to the highest point our great
agricultural interests, and at the same
time to give to one and all the advan.
tages pertaining to foreign productions
not in competition with our own, thus
not only building up our foreign com.
merce, but taking measures to carry il IN
our own bottoms
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 as to
those of the republican party.
The republican party is the indisputa-
BILE author of financial and monetary
system which it is safe to say has never
before 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 q 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 CONSTANT
ly increasing premium, are eagerly
sought after by investors in all parts of
the world.
Our system of currency is most admir-
able in construction. While all the con-
veniences of bill circulation attach to
it. every dollar of paper represents
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 ma.
tional credit. Therefore, under present
laws relating thereto, it will be impossi-
BILE 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 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 es-
tablishment of an international standard
among all commercial nations, fixing the
relative values of gold and silver coinage,
would be measure of peculiar advant.
age.
The subjects embraced in the resolu.
/, tions respectively looking to the promo
ton of our Interstate and foreign COM
merce and to the matter of our foreign
f, relations, are fraught With the greatest
: importance to our people.
In respect to interstate commerce,
there is much to be desired in the way
of equitable rates and facilities of trans.
4 portation, that commerce may flow
r freely between the states themselves
t diversity of industries and employ.
, meDts be promoted in all sections of oul
country, and that the great granerleE
r and manufacturing establishments of the
: interior may be enabled to send thei
! to foreign countries, relieved of vexa
! tious restrictions and determinations ir
J matters Of which it may emphatically b,
. said, "tlme is money" and also of unjus
! charges upon articles destined to NEE
}, close competition from the products o
}. other parts OF the world.
u AS to our foreign commerce, the encr
s nous growth of our industries, and ou
II surprising production of cereals anG
= other necessities OF lille. imperatively re
quire that immediate and cffectiy
) means be taken through peaceful, order
7, " and conservative methods to ope
J markets, which have been and are no,
J. monopolized largely by other nation:
J. This more particularly relates to ou
g sister republic of Spanish America, a
l. also 10 our friends the people of til
a Brazilian empire.
ef The republics of Spanish America ar
r. allied to us by the very closest an.
o. warmest feelings. based upon similarlt
le OF institutions and government, commo
a. aspirations, and mutual hopes. Th
v "Great Republic" as they proudly tern
the United States, is looked upon b
their people with affectionate admira
10 ton, and as the model for them to bull
l. upon, and we should cultivate betwee
N them and ourselves closer commercil
al relations, which will bind all togethe
lr by the ties Of friendly intercourse an
"a mutual advantage. Further than thi!
:. beng small commonwealth, in the mi
I'd ltary and naval sense of the Europea
& powers, they look to us as, at least,
g. moral defender against system of terr
e, torial and other encroachments which
th aggressive in the past, has not bee
C. abandoned at this day. Diplomacy an
~ intrigue have done much more to wre
the commerce of Spanish America frol
es the United States than has legitimat
E. commercial competition.
ne Politically we should be bound to IL
lls republics of our continent by the close
ne ties, and communication by ships ar
pit railroads should be encouraged to IL
or fullest possible extent consistent with
o. wise and conservative public polio
De Above all, we should be upon such tern
ne of friendship as to preclude the poss
es bllity of national MISUNDERSTANDING
= tween ourselves and any OF the membe
o. of the American republican family. II
OF best method to promote uninterrupt,
ee peace between one and all would lie
" the meeting of general conference
I" congress, whereby an agreement to su
ne nit all international differences to t
,st peaceful decision of friendly arbltrati
le- might be reached.
on An agreement of this kind would gi
ur to our sister republics confidence in ea
or other and in us, closer communicate
re- would at once ensue, reciprocally alva
ne tageous commercial treaties might
7e, made, whereby much of the CONNER
ed which now flows across the Atlant
", would seek its legitimate channels, q
raj inure to the grenter prosperity of all t
er. American commonwealths. The full
na vantages of policy of this nature COT
IN not be stated in brief discussion Ii
ne the present.
III! The United States has grown to b
OF government representing more than f
EN- million people, and in every sense,
oW cepting that of mere naval power, is {
of of the first nations of the world.
er' such, its citizenship should be valuat
ke' emitting its possessor to protection
ne, every quarter of the globe. I do