The Providence news. (Providence [R.I.]) 1891-1906, 1892-09-06
Mr.. HARRISON'S
A Mastery Presentation Of the
Campaign Issues.
STATE AND NATIONAL BANKS.
American Shipping and It's Enemies
Blaine and Reciprocity-The Tariff
and the Attacks Upon American Pros
pcrity by Americans.

WAsHrNGToN, Sept. e.--President Har-
rison's acceptance of the Republican
nomination for tho presidency has been
forwarded to the committee. The letter
opens as follows:
~ now avail myself of the first period
of relief from public duties to respond to
the notification which you brought to
mo on June 20, OF my nomination for the
Office of President of the United States
by the Republican national convention
recently held at Minneapolis. / accept
the nomination and am grateful for the
approval expressed by the convention OF
the acts OF the administration.
i have endeavored without wavering or
weariness, so far as the direction OF pub
lie affairs was committed to me, to carry
out the pledges made to the people In
1854. II the policies OF the administra-
tion have not beer distinctivcly and pro-
gressively American and Republican
policies, the fault has not been in the
purpose, but in the execution.
I shall speak frankly of tho legislation
utive departments, for the credit Of any
successes that have been attained 10 In
such measure due to others, senators and
representatives and to the efficient heads
Of the several executive departments that
I may do 80 without impropriety. A
vote OF want OF confidence Is asked BY
our adversaries; and this challenge to .
review OF what has been done we prompt
ly and gladly accept.
The great work OF the Fifty First Con-
gress has heen subjected to the revision
OF Democratic House Of Representa-
tivee and the acts OF the executive de-
partment to its scrutiny and investiga-
tior.
A Democratic national administration
was succeeded by Republican admins
tration, and the freshness OF the event
gives unusual facilities for fair COMPARE
son and judgment. There has seldom
been q time, thiak, when achange from
the declared policies OF the Republican
to the declared policies OF the Democrat
ic party involved such serious results to
the business interests OF the country.
brief review OF what has been done and
OF what the Democratic party proposes TO
undo, will justify this opinion.
The Republican party, during the OWL
war devised a national currency, consist.
ing OF United States notes, issued and
redeemable by the government, and OF
national bank notes, based upon the se-
curity OF United States bonds. tax
was levied upon the issues oi state banks
and the intended result, and all such is
sues should bs withdrawn, was realised.
There are men among as now VINO
never saw a state bank note. The notes
furnished directly by the United States
have been the only and the safe and ac-
ceptable paper currency OF the people.
The Dem ocratic party, tho letter says,
is pledged to repeal the tax on state bank
issues and to put into circulation again
a food OF local bank issues. Only those
who. in the years before the war ex-
perienced the Inconvenience and losses
attendant upon the uss OF such money
can appreciate what return to that sys-
TEN involves.
After referring to the various WAYS and
channels In which this currency affected
the people and trade the reference to the
topic concludes: Changes may become
necessary, but q natural system OF cur
rency-safe and acceptable throughout
the whole country, 10 the good fruit OF
bitter experience and am sure our peo-
pie will not consent to the reactionary
proposal made by the Democratic party:
The pext topic considered is that o., Oh
appropriate share OF the ocean carrying
trade.
This subject touches not only our
pockets but our national pride. Pract1-
cally all the freights for transporting to
Europe, the enormous annual supplies OF
provisions furnished by this country ana
for the large return OF manufactured pro-
ducts have for many years been paid to
foreign ship-owners. Thousands OF I'M
migrants annually seeking homes under
our flag have been denied the sight OF 1t
until they entered Sandy Hook while In
creasing thousands OF American citizens,
bent on European travel, have each year
stepped into a foreign jurisdiction q the
New York docks.
II the United States Is to have lines OF
ships, similar to those OF foreign powers
IL must do as they do. Foreign nations
make their merchant vessels into war
ships. The great steamship lines OF Eu-
rope were built and are now In part sus.
tanned by direct or indirect government
aid.
1t was plain to every intelligent Ameri-
can that IL the United States would have
such lines, a sim ar policy must be en-
tered upon. The Fifty-First Congress
enacted such q law; and under its benefi'
cent influence, sixteen American steam
ships OF an aggregate ,on Tonnage nna & o. obs hSt
built or contracted TO be built in Ameri-
can ship yards. In addition to this, 1t ID
now practically certain that we shall
soon have, under the American flag, one
OF the finest steamship lines sailing out
of New York for any European port. This
contract will result in the construction
In American yards of four new passenger
steamships OF ten thousand tons each,
costing about IS, ,00o,0 aud will add to
our naval reserve six steamships, the
fastest upon the sea.
The Democratic party, says the Presi-
dent, has found no place in Its platform
for any reference to this subject and las
| shown its hostility to the general policy
| by refusing to expend an appropriation
| made during the last administration fol
ocean mall contracts with American
| lines. =.
On the reciprocity clause OF tho tarif
bill the letter says: Another related
measure, as furnishing an Increased ocear
traffic for our ships, and OF great anc
permanent benefit to the farmers anc
manufacturers as well is the reciprocity
policy declared by section OF the tariff
| act OF 1890 and now In practical operation
with five OF the nations OF Central ane
South America, San Domingo and th'
Spanish and British West Indian Island
and with Germany and Austria, unde
special trade arrangements with each.
Reference 10 next made to the great re-
lief afforded by tho removal OF the dut.
on sugar and the continuancs Of coffe
and tea on the free list.
Great credit Is due to Mr.. Blaine 70
| the vigor with which be pressed thi
view upon the country. We have onl,
1