New Ulm review., 1896-07-01


Element Tree from partisan prejudice and
passion, beneficial to ourselves and Sbefit-
ting the honor and grandeur Of the repul1-
sllc They touch every interest of our COM
mon country. Our industrial supremacy,
4 our productive capacity, our business and
commercial prosperity, our labor and Its
7 rewards our national credit and currency,
i our our proud financial honesty and our splen-
4 did Tree citizenship the bnthright of
/ every man---are all involved in the pend
ing campaign, and thus every home in the
land IS directly and Intimately connected
With their proper settlement. Great are
the issues inVolvedsin the coming election
I and eager and earnest the people for their
right ght determinatio
Domestic Trade Must be Won Back.
Our domestic trade must be won back
and our idle Workmen employed in gain
+ ful occupations at American wages. Our
home market must be restored to its
proud rank of first in the world, and our
foreign trade SO precipitately cut off by
/ adverse national legislation, reopened bn
1alr and equitable terms for our surplus
agricultural and manufac turing products.
protection and reciprocity, twin measures
OF true American policy, should again
command the earnest encouragement OF
the government at Washington Pubic,
confidence must be resumed, and the skill,
the energy and the capital Of our country
Ind ample employment at home, sus-
tanned, encouraged and defended against
the unequal competition and serious dis
advantages with which they are now con-
tending. The government of the United
states must raise enough money to meet
Doth It's current expenses and increasing
needs Its revenues should be SO raised as
TO protect the material interests Of our
people with the ightest possible drain
upon their resources, and maintain that
high standard of civilization which has
distinguished our country for more than
century OF it's existence. The income of
tne government, [ repeat, should equal
Its Necessary and Proper Expenditures.
A failure to pursue this policy has com
PEELED the government to borrow money
ID tlme OF peace to sustain it's credit and to
pay its daily expenses This policy should
De reversed, and that too, as speedily as
possible 1t must be apparent to all, re-
gardless Of past party ties, or affiliations,
that it is our paramount duty to provide
adequate revenue for the expenditures of
IDENTITY administered The Republican
party has heretofore done this and I con-
tldently believe it will do it in the future,
when the party again has been entrusted
with power in the executive and legisla-
tive branches Of our government. The
national credit which has thus far FORUM
ately resisted every assault upon it, must
and will beupheld and strengthened. If suf-
1Cl0nt revenues y,roryi1od fou tbo
port OF the government there will be no
necessity for borrowing money and in
creasing the public debt. ~
The Real Source of Complaint
The complaint of the people is not
against the administration for borrowing
money and issuing bonds to preserve the
credit OF the country, but against the ruin
GUS policy which has made this necessary.
1t is but an incident, and a necessary one,
to the policy which has been inaugurated.
aIhe inevitable effect of such policy is
seen IN the deficiency of the United States
treasury, except as it is replenished by
loans, and in the distress of the people
who are suffering because of the scant de-
mand for either their labor or the products
of their labor. Here is the fundamental
trouble, the remedy for which is Republi-
can opportunity and duty. During all the
years Of Republican control, follow
ing resumption there was a steady
reduction Of the public debt, while the
gold reserve was sacredly maintained, and
our currency and crehit preserved without
depreciation, taint or suspicion If we
would restore this policy, that brought us
unexampled prosperity for more than 80
years, under the most trying conditions
ever known in this country, the policy by
which we made and bought more goods at
home, and sold more abroad, the trade
balance would be quickly turned in our
favor and gold would come to us and not
go from us in the settlement of
all such balances in the future
The party that supplied by legisla-
tion the vast revenues for the conduct of
our greatest war, and promptly restored
the credit of the country at it's close, and
that from its abundant revenues paid a
large share of the debt incurred in this
war, and that resumed specie payments
and placed our paper currency upon
sound and enduring basis, can be safely
trusted to preserve both our credit and
currency with honor, stability and invio-
liability. The honor of our government is
as sacred as our flag, and we can be relied
upon to guard it with the same sleepless
vigilance. We hold it's safety above party
fealty, and have often demonstrated that
party ties avail nothing when the spotless
credit of our country is threatened
The Money of the United States
and every kind or. form of it, whether of
paper, silver or gold, must beas good as
the best in the world It must not only be
current at it's full face value at home but
it must be counted atpar in any and every
commercial center of the globe The saga
cious and far-seeing policy of the great
men who founded onr government; the
teachings andacts Of thewise financier at
every stage in our history the steadfast
faith and splendid achievements of the
great party to which we belong, and the.
genius and integrity of our people have
always demanded this, and will ever main
tain it, The dollar paid to the farmer,
the,wage Garner and the pensioner, must
continue forever equal in purchasing and
debt,paying power to the dollar paid to
any government creditor. The contest
this year will not be waged on lines of
theories and speculation, but in the light
Of severe practical experience and
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