Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1895-09-13
Republican Achievements.
Senator John Sherman's IncisIve SUM
mary and Comparison In Opening the
Ohio state Campaign.

Ohio state Campaign.
We glory in the names of Abraham Lin
coin, Ulysses S. Grant, Rutherford b.
Hayes, James A. Garfield and Benjamin
Harrison, and of the great men who were
their cabinet counselors, but still more in
the fact that the Republican party was the
agent of divine providence in saving our
country from destruction, that it placed
our great republic on secure foundations,
that it converted confederacy of states
inLo a nation stronger than any other, that
it raised the torch of liberty to enlighten
and encircle the world. These are the
great achievements of the Republican
party.
But these are not the only benefits con-
ferred upon the people of tie United States
by the Republican party. At the close of
the war it adopted and steadily pursued
the policy of honestly paying every debt
and fulfilling every obligation contracted
during and since the war. First, and most
important of the promises of Abraham
Lincoln, made in his second inaugural ad-
dress, it provided the most liberal pension
laws ever enacted by any government. The
amount already paid approaches the entire
cost of the war, and $4,000, 600 is still
paid yearly to the survivors of the war and
the widows and orphans of the dead.
Every debt contracted has been promptly
met, and every promise made has been full
filed The great debt existing at the close
of the war, which aroused the fears of the
timid, has been constantly diminished, and
the whole of it would be paid before due if
the Republican party had been continued
in power. The striking contrast between
the two great parties in our country when
in, ic fhn Rannhliaan ri "
steadily reduced the debt and the Demo-
cratic party constantly increases it day by
day, so that during the present administra-
tion it has increased over $165, 900, 900,
and that increase will continue while that
party is in power.
The Republican party has constantly
maintained the policy of protecting Amer
lean Industries by tariff duties on imported
goods, and thus has built up and diversi-
fled American industries so that they have
increased four-fold since the beginning of
the war. The first act of the Democratic
party when in power was TO reverse this
policy. The result is not only insufficient
revenue, but a large reduction in important
domestic industries and increased importa-
tions of foreign procucts.
The Republican party, during 30 years OF
power, furnished for the first time truly
American currency. 1t swept from the
field the entire system of state bank paper,
and produced national currency composed
of notes issued by the United States, grad
uaily lifted TO par in gold, and notes of ma
tional banks secured by the deposit in the
treasury of United States bonds, so well Sc
| cured that not a dollar has been lost by the
holders of these notes. 1t has coined, and
maintained at par with gold, silver coins
| amounting to $500, 900, 900, several times
as much as were in circulation at any for
mer period. Though silver has declined in
market value compared with gold, yet both
silver and gold and all kinds of paper
money issued by the government or by the
national banks have been maintained at
par with each other. All this benehcent
policy is now threatened by the Demo
cratic party, and we have the sorry spec
tacle of the employment by the administra-
tion of syndicate of foreign and domestic
bankers buying bonds of the United States
at less than their market value upon con-
dition that they would protect the govern
ment of the United States from demands
for gold for United States notes.
This administration came into power by
| the deusive cry for reform. The alleged
reforms they have attempted are the repea
of the Mckinley tariff and the enactment
of the Wilson tariff. This measure came
to the Senate in such form that it was de-
nounced by Democratic senators and radi
cally changed in the Senate. 1t was il
such form that the president refused tC
sign it, and it became a law without his sig
nature. Its first fruit was insufficient rev
enues. Its most important provision wa
held by the supreme court to be unconsti
| tutional. 1t sacrificed at one blow the chic
industry of the United States. Coal ant
iron ore are raw materials and were by tn,
House bill admitted free, but these raw
materials were being developed in tn
South, and by the vote of the Southern
Democrats protective duty was put upol
them by the Senate bill But wool, chief
the product of Northern farmers, was mad
duty free. Any Democratic senator coul
have prevented this injustice. Whe
pressed with their inconsistency they sal
they must make some raw material dut
free to represent Democratic principles an
selected wool for that purpose. The whol
bill as it became law was bundle of il
consistencies.
What we Republicans mean to do, an
will do when we have the power, is to pre-
vide tariff and tax bill that will yield SUI
ficent revenue to support the governmer
and at the same time protect all home il
dustries impartially and effectively. Th
Mckinley law, with such changes as tim
may make necessary, will accomplish tn
purpose. The anticipation of such a mea'
ure already brightens the times, and til
election next year of Mckinley, or an
good Republican, as president of the Unite
States will make assurance dOubly sure.