Los Angeles daily herald., 1888-10-03
THE VICE-PRESIDENCY.
My Partner Lewis Letter Of
Acceptance.
PROTECTION Is HIS HOBBY.
Thurman Not Certain Whether He
Will Issue a Letter = His
Views Well Known.

Associated Press Dispatches to the HERALD
New York, October 2.-The following
is Levi P. Morton's letter accepting the
nomination for Vice President:
RHINEoLIFF, N. Y, October 2, 1888.
Hon. M. NJ. Estee and others, Committee.
GENTLEMEN-In making formal &C.
ceptance of my nomination as the Re-
publican candidate for the Vice Presi-
dency, 1 desire to express my grateful ap-
probation of the confidence reposed in
me by the Convention. The duties de-
volving upon the Vice President as pre-
siding officer of the Senate, and in GER
tain contingencies participant in the leg
islation of Congress, makes it proper that
the people should know distinctly and
unreservedly the political views of the
candidate who may be presented for their
suffrages. 1t fortunately happens that this
duty for myself is easily discharged by
referring to the principles embodied in
the resolutions unanim ously adopted by
the National Convention. These resolu-
lions, unequivocal and comprehensive in
character reflect my personal convictions
and have my hearty approval.
1t is difficult, however, in a political
campaign to fix popular attention on
more than one issue, and in the pending
election every voter in the United States
clearly sees that the controlling question
is whether the protective tariff duties
now in force shall be so reduced as to
destroy their efficiency, or whether these
duties shall be retained, with such mod
ifcations and adjustments as shall better
adapt them to the great end of protect
ing the vast and important industries of
the whole country.
The Republican platform, while recog-
MIXING the necessity of reducing the rev.
enue, declares that this reduction must
not be made at the expense of these in
dustries and American labor. The
American people have now enjoyed the
protective system for a longer continuous
period than ever before in the history of
the National Government. The result is
that for more than quarter of century
they have realized a degree of
industrial and financial prosperity
unprecedented in our history, and never
equalled in any other country. The
pressing reason given for once again try
ing the old experiment of revenue tariff
without protection as motive or end, is
that the present tariff has produced and
is producing a surplus in the Treasury.
But is it not easily within the wisdom OF
Congress to adjust the National income
to the National expenditure without sac
rifcing or even imperiling the industrial
system which has brought untold advan-
tages to the entire country?
Admitting that the present tariff, if by
the lapse of time and the large expan-
sion of trade which it has stimulated.
needs revision, is it not wiser and more
patriotic to revise it with regard to the
interests of protection than with the pur-
pose of lessening it's protective features
These are some of the questions which
must be answered at the National polls
in November. For myself, as citizen
and candidate, do not hesitate to de-
clare that from long observation am an
tenn. In business life now extending
over forty years, have witnessed and
compared the effect upon the country of
a revenue tariff tending to free trade
with the protective tariff encouraging
home industries. Under the former the
development of the country has always
beeen arrested, while under the latter it
has been uniformly promoted. To the
men who earn their bread by the sweat
of their brow the difference between the
two systems is that of narrowing their
chances on the one hand and of extend
ing their opportunities on the other
Free trade would open America to COM
petition with the whole world. Protec-
ton reserves America for Americans, ma
tive and adopted.
The industrial system of the country is
rs sensitive as it's public credit. A
hostile movement creates distrust in the
public mind, and confidence, the only
basis of successful trade, becomes i'm
paired; new enterprises wither in the
bud capital grows timid, the field of
labor contracted and the pressure for
employment inevitably reduces the
wages of all workingmen.
With the views of the Convention so
frankly expressed in it's resolutions upon
all other questions of public interest l
find myseif in hearty accord. In relation
to silver and its important bearing upon
the National currency, as we'll as its con-
nection with and influence on the pros
perity of large sections of our common
country; in its advocacy of judicious
settlement of public lands; its policy in
urging the necessity for better coast
defenses, and the duty we owe the
shipping interest Of the country, the
platform but repeats the approved prin-
eipies of the Republican party.
The Republican platform proposes dis
tinctly that the American policy. is moi
one OF narrowness and bigotry, but one
of broad and philanthropic views-s
policy that best helps the whole world
by the example of great, growing
powerful Nation, founded upon the
equality of every man before the law.
1t is for the American people to de-
yelop and cultivate the continent tc
which, in the providence OF God, they
have fallen heirs; they should adopt
the policy which looks steadily to this
great end. With no spirit OF narrowness
toward other people, but rather in the
highest interest Of all, they should find
nnder their own flag a field of limitlest
advance in the direction of improvement
prosperity and the happiness of man.
Very respectfully yours,
LEVI P. MORTON.
steel Railway Cars.
L.