Phillipsburg herald. [volume] (Phillipsburg, Kan.) 1882-1905, 1896-06-18

stated that all the great measures con-
corning the tariff and the currency
originated with the republican party,
Mr., Fairbanks proceeded to criticise
the Wilson bill and said:
This important law was wanting in the pr,-
mary purpose Of revenue measures for it
| failed to provide adequate revenue to meet the
| requirements of the government The dehci-
| ency thus far amounts to some $50 0OO,00l The
end Is not yet, for the deficiency grows day by
| day This leaves the treasury and the public
| credit in constant peril Our foreign credit is
impaired and domestic capital feels insecure
The bill struck down reciprocity, one OF the
highest achievements in American statesman
ship. No measure was ever enacted which
more directly advanced the interests OF the
American farmers and manufacturers than
reciprocity With its destruction fell advan-
tagcouS commercial agreements, under which
their products were surely finding larger and
profitable markets, and without the surrender
ofthcr own
TO meet the monthly deficits and protect our
credit and save the government from protest,
the president has been forced to sell bonds; in
other words, he has been obliged to mortgage
the future in n time OF peace to meet the cur
rent obligations Of the government
Mr.. Fairbanks then said that the
democratic party, having attempted to
reverse the tariff policy of the United
States, proposed now to reverse the cur
rency policy, and then stated;
The republican party has not been unfricnd-
ly to the proper use Of silver 1t has always
favored and favors to-day the use Of silver as
n part Of our circulating medium. But IL IA
I,ot ,tcn M mt
guards as shall not Imperi our present ma
tional standard. The policy Of the republican
party is to retain both gold and silver rs u par
Of our circulating medium, while the policy of
free coinage Of silver leads to certain silver
mOnOmetaliSm
Those who profess to believe that this gov
eminent can independently of the other great
commercial powers open It's minis to the free
and Independent coinage Of silver at a ratio Of
sixteen to one when the commercial ratio in
all the great markets is thirty to one, and NJ
the same time not drive every dollar Of gold
out of circulation, but deceive themselves.
The speaker then said the republican
party ought to accomplish what Blaine
had conceived-a pan-American con-
gress; that the Monroe doctrine must
be upheld; that the party believed in
lllG uCNtlOpulCnb VI Jul nav anu lllOi
chant marine; that the struggle in
Cuba enlisted the ardent sympathy of
the party, and wound up by saying:
NV friends the convention Of 1895 Is upon us
The great questions for debate in the august
forum Of the United States are free trade and
free silver against protective tariff and sound
money. AS we regard our homes and our
honor, our happiness and prosperity and the
future power and majesty Of the republic, let
us dedicate ourselves to the restoration Of n
protective tariff which shall be genuinely
American and to the maintenance Of an honest
standard Of value with which to measure the
exchanges Of the people A distinguished re-
publican has said that the supreme desire OF
the American people is for an honest currency
and a chance to earn IL by honest toll
After Mr.. Fairbanks address came
the announcements of the minor officers
selected by the national committee for
the vention-secretary sergeant
alarms and others which were con-
Cured in by the convention.
The temporary officers were selected,
the usual committees appointed and
the convention adjourned until 10
o'clock Wednesday morning.
Another Erief Session.
ST.. LOUIS, June 1s-The republican
convention re-assembled at ten o'clock
yesterday morning and after the invo-
cation the committee on permanent or
ganization reported Hon. John NJ.
Thurston, of Nebraska, as permanent
chairman, together with other officers,
including Col. Charles w. Johnson, Of
Indiana, as permanent secretary.
When Chairman Thurston was intrQ-
duced to the convention he spoke as
follows:
Gentlemen Of the Convention: The happy
memory Of your kindness and confidence will
abide in my grateful heart forever, Ny sole