Rock Island daily Argus. (Rock Island, Ill.) 1886-1893, 1892-09-06
HARRISON'S VIEWS.
Letter of Acceptance of the Re-
publican Nominee.
THE PRINCIPAL ISSUES DISCUSSED
State Banks Tackled First and the
Democratic Position Commented
Upon and Assailed.

publican Idea of How to Get n Share of
It-Efects of the Mckinley Bill and
Reciprocity from the Republican Stand
point-A Tribute to BIaine-Som ething
About Tin Plate-The Workingmen EN-
and the Tarif-Free and Fair Elections
The Veteran of the War-Text of the
Document.
WASHINGTON, Sept. 6.-President Har-
rison's letter accepting the Republican
nomination for president of the United
States is given to the press today. 1t IS
dated Sept. 3, 1892, and addressed to Hon.
William Mckinley and others, commit
tee," etc. 1t is as follows:
GENTLEMEN now avail myself of the first
period of relief from public duties to respond
TO the notification which you brought TO me on
June 10 of my nomination for the Office of
president of the United States by the Republ1-
can national convention recently held at Min
neapolis. 1 accept the nomination, and am
grateful for the approval expressed by the con-
vention of the acts of the administration. L
have endeavored, without wavering or weari-
ness, far the direction of public affairs
was committed to me, to carry out the pledges
made to the people in 1888. If the policies Of
the administration have not been distinctively
and progressively American and Republican
policies. the fault has not been in the purpose,
but in the execution. l shall speak frankly of
the legislation of congress and of the work OF
the executive departments for the credit of any
successes that have been attained is in such
measure due to others-senators and repre-
sentatives and to the efficient heads of the
several executive departments-that may do
so without impropriety.
A Challenge Promptly Accepted.
A vote of want of confidence is asked by our
adversaries; and this challenge to a review Of
what has been done we promptly and gladly
accept The great work of the Fifty first con-
gress has been subjected to the revision of a
Democratic house of representatives, and the
acts of the executive department toits scrutiny
and Investigation. A Democratic national ad-
ministration was succeeded by Republican
administration, and the freshness of the events
gives unusual ia ilities for fair comparison
and Judgment. There has seldom been a time,
/ think, when a change from the declared poll
cies of the Republican to the declared policies
of the Democratic party involved such serious
results to the business interests OF the country.
The National Hank Currency
The Repu blican party, during the civil war,
devised national currency. consisting OF
United States notes issued d redeemable by
the government. and OF national bank notes
based upon the security OF Lifted States
bonds. A tax wrs levied upon the issues of
state banks and the intended result, that all
such issues should be withdrawn was real
lied. There are men among US now who never
saw n state bank note. The notes furnished
directly or indirectly by the United States
have been the only and the safe and acceptable
paper currency of the people Bank failures
have brought no fright, delay or loss to the
bill holders The note of an insolvent bank is
as good and current n treasury note, for
the credit of the United States is behind it
Our money is all national money! might al
most say international. for these bills are not
only equally and indiscriminately accepted at
par in all the states but in some foreign coun-
tries.
State Currency. as 1t was.
The Democratic party, if entrusted with the
control of the government, is now pledged to
repeal the tax ON the state bank issues, with
view to putting into circu ation again, under
such diverse legislation the statos may adopt,
Of loca hank ONLY those who.
| in the years before the war, experienced the
inconvenience and losses attendant upon the
use of such money can appreciate what re-
turn to that system involves The denomlna-
ton of a bill was then often indication of its
value The bank detector of yesterday was
not safe guide today as to credit or values.
Merchants deposited several times during the
| day. lest the hour of bank closing should
show a depreciation of the money taken in the
morning The traveller could not use in a
Journey to the east the issues of the most SOL
vent banks of the west; and in consequence a
money changers Office was the familiar neigh
Dor of the ticket office and the lunch counter.
The farmer and the laborer found the money
received for the products of their labor depre-
| ciated when they came to make their purchases
and the whole business of the country was
hindered and burdened. Changes may become
necessary: but a national system of currency
| safe and acceptable throughout the whole coun-
try is the good fruit of bitter experiences; and
! am sure people will not consent to the
reactionary proposal made by the Democratic
party
| The Ocean Carrying Trade.
| Few subjects have ELECTED more discussion
| or excited more general interest than that of
i a recovery by the United States of its appro-
| pirate share of the ocean carrying trade. This
| subject touches not only our pockets but our
| national pride. Practically all the freights
for transporting to Europe the enormous an
nual supplies of provisions furnished by this
| country and for the large return of manufac-
tured goods have for many years been paid to
foreign ship owners
/ IMr Harrison refers to the fact that the
ships which carry our commerce are built so
| that in case of need they become war ships Of
| the nation whose flag they carry, and to the
other fact that those nations in part sustain
the ship lines by subs dies in one form or other,
/ and declares that the United Stats must do
4 likewise if it desires TO have such lines. He
then proceeds:J
| Result OF the Mail Subsidy Law.
/ The Fifty-frst congress enacted such q law;
and under its benefcent influence, sixteen
American steamships of an aggregate tonnage
of 81 400 tons, and costing S7,4D0OOO, have beep
/ built or contracted to be built in American
/ ship yards. In addition to this it is now prac-
/ tically certain that we shall soon have under
/ the American flag one of the finest steamship
l lines sailing out of New York for any European
| port This contract Will result in the construc-
| tion in American yards of four new passenger
| steamships of 1000 tons each. costing about
| Ss,OOOOO, and will add to our naval reserve
| six steamships-the fastest upon the sea-
For the People tn Decide.
The Democratic party has found no place in
| it's platform for any reference to this subject,
| and has shown its hostility to the general pol
| icy by refusing to expend appropriation
| made during the last administration for ocean
| mail contracts with American lines The patri
| otic people, the workmen in our shops, the cap
italists seeking new enterpris. IS, must decide
| whether the great ships owned by Americans
| which have sought American registry shall
| again humbly ask a place in the English naval
| reserve; the great ships now on the designers
tables go to foreign shops for construction and
| the United States lose the now Frightening