Connecticut western news., 1892-09-08
HARRISON ACCEPTS.
HIS CAMPAIGN LETTER ISSUED TO
 THE REPUBLICAN PARTY.


 Protection to American Industries, '"a
 Free Ballot and n Fair Count" Bi-
 metallism and the Administration's For
 eign Policy the Chief Issues Discussed.
 WASHINGTON, Sept. 6-The following is President Harrison's letter accepting the Republican nomination for the office of president of the United States:
 wAsHINGToN, Sept. 3 1892. Hon. William Mckinley, Jr., and Others:
 GENTLEMEN-I now avail myself of the first period of relief from public duties to respond to the notification which you brought to me on June 2O of my nomination for the office of presi dent of the United States by the Republican national convention recently held at Minne- spolis. accept the nomination, and am grate ful for the approval expressed by the conven tion of the acts of the administration. have endeavored without wavering weariness, so far as the direction of public affairs was com mitted to me, to carry out the pledges made to the people in 1888. If the policies of the admin istration have not been distinctively and pro gressively American and Republican policies, the fault has not been in the purpose, but in the execution.
 I shall speak frankly of the legislation of con gress and of the work of the executive depart ments, for the credit of any successes that nave been AtIalneu IS m sucn measure que 10 others-senators and representatives, and to the efficient heads of the several executive de partments-that 1 may do without impro priety. A vote of want of confidence is asked by our adversaries and this challenge to re- view of what has been done we promptly and gladly accept.
 The great work of the Fifty-hrst congress has been subjected to the revision of a Demo cratic house of representatives, and the acts of the executive department to its scrutiny and investigation. A Democratic national admin. istration succeeded by Republican ad- ministration, and the freshness of the event gives unusual facilities 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 poll. cies of the Democratic party involved such serious results to the business interests of the country. A brief review of what has been done and of what the Democratic party proposes to undo will justify this opinion.
 The Financial Policy.
 The Republican party during the civil war devised national currency consisting of United States notes issued and redeemable by the gov. ernment, and of national bank notes based upon the security of United States bonds. A tax was levied upon the issues of state banks, and the intended result, that all such issues should be withdrawn, was realized There are men among us now who never saw 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 no fright delay loss to the bill holders. The note of an insolvent bank Is good and as current a treasury note fol the credit of the United States is behind it.
 Our money is all national money-I might almost say international, for those bills are not only equally and indiscriminately accepted at par in all the states, but in some foreign coun- tries. The Democratic party, if intrusted with the control of the government, Is now pledged to repeal the tax on state bank issues with view to putting into circulation again, under such diverse legislation as the states may adopt & flood of local bank issues Only those who, in the years before the war; ex- perienced the inconvenience and losses attend ant upon the use of such money can appre- ciate what return to that system involves.
 The president then reviewed the legisla- tion enacted by the Fifty-first congress to recover to the United States the ocean car rying trade and the successful results that attended it, and argued that the policy of reciprocity was also a large factor in such results. Of reciprocity itself the president says.
 Reciprocity.
 Great credit is due to Mir Blaine for the vigor with which he pressed this upon the country We have only begun to realize the benefit of these trade arrangements. The work of cre- ating new agencies and of adapting our goods to new markets has necessarily taken time, but the results already attained such, I am sure. as to establish in popular favor the policy of reciprocal trade, based upon the free impor- tation of such articles do not injuriously compete with the products of our own farms, mines or factories, in exchange for the free or favored introduction of our products into other countries. The obvious efficacy of this policy in increasing the foreign trade of the United States at once attracted the alarmed attention of European trade journals and boards of trade. n,1AT TalN ,aft tN~aA Aa hna NAI NxN that government memorial asking for the ap- pointment of a commission to consider the best means of counteracting what is called 'the commercial crusade of the United States"
 At meeting held in March last of the asso- ciated chambers of commerce of Great Britain the president reported that the exports from Great Britain to the Latin American countries during the last year had decreased S23, 750 GOO, and that this was not due to temporary causes, but directly to the reciprocity policy of the United States.
 The letter then gives in detail the in. creases in our trade under this policy and adds:
 The Democratic platform promises a repeal of the tariff law containing this provision, and especially denounces as a sham reciprocity that section of the law under which these trade arrangements have been made. If no other issue were involved in the campaign this alone would give it momentous importance. Are the farmers of the great grain growing states will. ing to surrender these new, large and increas- ing markets for their surplus? Are we to have nothing in exchange for the free importation of sugar and coffee, and at the same time to destroy the sugar planters of the south and the beet sugar industry of the northwest and of the Pacific coast, or are we to have the taxed sugar and coffee, which tariff for revenue only'' necessarily involves, with the added loss of the new markets which have been openedf As I have shown, our commercial rivals in Europe do not regard this reciprocity policy as sham" but as a serious threat to 8 trade su- premacy they have long enjoyed. They would rejoice-and if prudence did not restrain would Illuminate their depressed manufacturing cities over the news that the United States had abandoned it's system of protection and reef procity They see very clearly that restric- tion of American production and trade and a l corresponding increase of European production | and trade would follow, and will not believe that what is so plain to them can be hidden from our own people.
 The Doctrine of Protection. The declaration of the platform in favor of | the "the American doctrine of protection" | meets my most hearty approval The conven' | ton did not accept a schedule, but principle | that is to control all tariff schedules There | may be differences of opinion among protec- | honists as to the rate upon particular articles | necessary to effect an equalization between | wages abroad and at home
 l In some not remote national campaigns the | issue has been-or more correctly, has been | made to appear to be-between a high and a low protective tariff, both parties expressing | some solicitous regard for the wages of our working people and for the prosperity of our domestic industries; but, under a more cour' | ageous leadership, the Democratic party has now declared that, if given power, it will enact I tariff law without any regard to its effect | upon wages or upon the capital invested in our | great industries. The majority report of the | committee on platform to the Democratic na I tional convention at Chicago contains this clause:
 | That when custom house taxation is levied 1 upon articles of any kind produced in this coun 1 try the difference between the cost of labor l Aere and labor abroad when such difference,
 exists, fully measures any possible benefits t 1 labor and the enormous additional imposition