Daily tobacco leaf-chronicle. (Clarksville, Tenn.) 1890-1895, 1892-09-07
LENGTHY
President Harrison's Letter Of
Acceptance.
Republlcanism Defended In
Every Paragraph.

Wool-s'The Markets of the World"
Elections Civil service-Foreign Com
merce-Etc.
WksHIEoToN, Sept. 6.-The following
Is President Harrison's letter accepting
the Republican nomination for the
Office of president of the United States:
WASHINGTON, Sept. 8.
Hon. William Mckinley, Jr., and Others,
Committee, Etc:
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 20, OF my nomina.
ton for the Office Of president OF the United
States by the Republican national conven-
ton recently held at Minneapolis. ac+
cept the nomination and am grateful Tor
the approval expressed by the convention
of the acts of the administration.
/ have endeavored without wavering or
WEAKNESS so far as the direction of public
affairs was committed to me, to carry out
the pledges made to the people in 1883 Ii
the policies of the administration have not
been distinctively and progressively
American and Republican policies, the
fault has not been In the purpose, out In
the execution.
shall speak frankly of the legislation of
congress and of the work Of the executive
departments--for the credit OF any sue
cesses that have been attained Is IL s':cii
measures due to Others--senatorS and
representatives, and to the efficient heads
of the several executive departments-that
/ may do so without improperly. A vote of
want of confidence is asked by our adver-
saries; and this challenge to review OF
what has been done we promptly and
gladly accept.
The general work of the Fifty-first con.
gress has been subjected to the revision OF
n Democratic house of representatives, and
the acts of the executive department to its
scrutiny and investigation. A Democratic
national administration was succeeded by
a Republican administration, and the
freshness of events gives unusual facilities
for fair comparison and judgment There
has seldom been a time, think, when q
change from the declared policies of the
Republican to the declared policies of the
Democratic party involved such serious re
suits to the business interests OF the coun
try.
and Of what the Democratic party propose
to undo, will justify this opinion. The
Republican party during the civil war, de
vised national currency consisting OF
United States notes, issued and redeemabl'
by the government, 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 re
suit that all such issues should be with
drawn, was realized.
There are men among us now who neve
saw a state bank note. The notes fur
nished, directly or indirectly, by the Unitet
States have been the only safe and accept
able paper currency of the people. Banl
failures have brought no fright, delay o
loss to the bill holders The note of an in
4 Il. l.. .n1.. wnI ar ,,Kr.- anti 40
treasury note-for the credit OF the Unite'
States il behind it,
Our money is all national money.
might say international. for these bill
are not only usually and indiscrimin
ately accepted at par in all the states bu
Ia some foreign countries The Democratic
party, il entrusted with the control of tn
government, is now pledged to repeal tn
tax on state bank issues, with view =
putting into circulation again, under sue
diverse legislation as the states may adopt
a flood of local bank issues. Only thos
who in the years before the war, exper
enced the Inconvenience and losses attenc
Ant upon the use of such money, can al
preciate what return to that system II
wolves. $50,
The denomination of bill was the
often-no indication of its value The ban
detector Of yesterday was not safe guio
TODAY rs to credit or values. Merchant
deDORlteu several uliueS
lest the hour of bank closing should sho
a depreciation of the money taken in tf
morning The traveller could not use IN
tourney to the east the issues of the mo-
solvent banks Of the west, and in cons
ouence money-changer' office was IL
familiar neighbor of the ticket Office an
the lunch counter.
The farmer and the laborer found I'll
money received for their products or the
labor deprecated when they came to max
their purchases, and the whole business
the country was hindered and burdene
Changes may become necessary but n
tionai system of currency-safe and accel
able throughout the whole country-is Il
good fruit of bitter experiences, and l n
Sure our people will not consent to the |
dictionary proposal made by the Democrat
party.
American shipping.
Few subjects have ELECTED more discussi'
or excited more general interest than Tn
of the recovery by the United States of
appropriate share of the ocean carryi
trade.
ats. but our national pride. Practically
the freights for transporting to Europe t
enormous annual supplies of provlsio
furnished by this country and for the lar
return of manufactured products have
many years been paid to foreign 81
owners.
Thousands of immigrants annually sec
ing homes under our flag have been deni
the sight of it until they entered san
Hook, while increasing thousands OF Am
lean citizens, bent on European tray
have each year stepped into foreign Jul
diction at the New York docks. The m
chandise balance of trade, which the tire
ury books show, is largely reduced by
annual tribute which we pay for frels
and passage moneys. The great ships
fastest upon the sea-which are now
peace proiiting by our trade, are, III
ondary sense, warships of their respect
governments, and in time Of war won
under existing contracts with those COVE
ments, speedily take on the guns, for WIN
their decks are already prepared, and en-
with terrible efficiency npon the work
DESTROYING our commerce. The un'
puted fact is. that the great sites
chip lines of Europe were built up and
now In part sustained by direct or indlr
government aid-the latter taking the to
81 a liberal pay for carrying the mails,
OF nm annual bonus given in considerat
OF agreements to construct the ships so
to adapt thelh for carrying an armam
and he turn them over to the governm
on demand uoon specified terms
II was plain to every Intelligent An
can that II the United states w3uiu n
such lines, a similar policy must be entt
upon. The Fifty-first congress ena'
such a law; and under its beneficent
Auence, sixteen American steamsl
having an aggregate tonnage OF o.
tons, and costing S1,400O00 have |
built or contracted TO be built
American shipyards, In addition
this, IL is now practically certain
we shall soon have under the Amer
flag one of the finest steamship lines
ing out Of New York for any EuroT
mort, This contract will result in the
struction in American yards OF four
messenger steamships OF 10000 tons e
costinr about $1,000 900, and will add