Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1896-06-16

D.
they mad ever beer. Fotrigu balance
were largely In our favO, European
gold was Il wing toward uH. Butsli
VI this Ia changed. The cause is not
hard to Geek. A reaction BEGAN when
II was kuOwn that the legislative and
executive branches Of tie government
were to be- Democratic. Tho Demo.
cratic party had Of Chicago con.
demned the protuctlvetntll principle o.
utc0ustitutlonhl aud tOlUmnly pledged
Itself to the overthrow and .uifucil1n
OF the Mckinley law anu t0 tue adOp.
ton OF Tree trade ne the Policy VI the
United States. This b1ln, aggressive
attack upon this long sttuui policy Of
the Hepu ulloan party bore no natural
ituit In shaken conndeuc0, untettici
business, aud were soUI dfitinr
sgaiust the rock OF desirugtiou. BE.
orc the work Vt demolition had acluai.
~ begun, run was stariuI upon the
treasury reserve bich thp Republican
rarty had wisely accumulated Tor the
protection OF the government credit
The dfaiu upon tue reserve 1f the re-
dUmption Of gfeonbacks uuI treasury
notes greatly surpassed = Iri1r expo.
ricuco nnd emphasized iHu liacrelit
Into which the Democratic aimiuistra.
ton had fallen. An utter want OF con.
fidenoe 10 the administrator POSSESSED
the people.
The Democratic party vEs hafmoul.
ous upon One subject and that was the
destruction VI the Mckinley law. But
when they came to tue eAHfciso %; tnc
creative faculty, the enactment Of \
great revenue measure iu ita stead,
"A al al 40
inteftata " the country watched and
waited through long nrd anxiou.
months Tor some settlement. OF tho i'm.
portaut qucstious. They wanted an
und o. uncertainty. At length tue
Wilson bill was adopted, aud 1t was
characterized ~ Dtmocfalic pfcsi.
dent ~ the child Of "prfrI y ami dis.
hUnof.n 10 was W bad that be would
not cOutamiuato his hand by signirg
u. a bill that was too ilsu for Mr.
Cleveland 10 approve Il i.1 rotten Tor
the approval Of the American people,
This important law was wanting 10
tho primary purpose Of revenue
measure, for II failed 10 provide ado.
quaie revenue TO meet tho require.
wents Of the government Tue dc.
nCiency thus iar amounts 10 some one
hundred and h,,y millions Of dollars.
The eud IN not yet, tor Tue deficiency
treasury and the public credit In
peril Our foreign Gre 40 ~ Impaired
aud domestic capital feels Insecure.
The sectional iavorigism Of the VII.
son law was one OF IT, marked IUalufus.
Ito blow NJ sheen hustandfy
was an objectionable tilcnu, II
was "A haumnt wr3" u thu
farmers VI The Uni'eI -tAioa. This
great Industry hal doyol1,eI an
grown under Republican protective
laws until II was ons ~ uut greatest.
We are now sending nbfoai millions
OF dollars fvt wool winch were pAii to
our farmers under the Mckinley law.
THIS bill struck dowa reciprocity,
one Of the Highest achievements IN
American stntrsmanship. No measure
was ever enacted which moe directly
advanced the Interests Of the Amufic n
farmer and manufacturers than reel.
procity, With It, destruction tell
advantageous commercial agreements,
under which their products were surely
finding larger anu profitable foreign
markets, anu without the surrender Of
their own.
Tho substitution oi nd vAlorom for
tprcino duties has opened the way for
syslemAtlo wholesale frauds upon the
treasury aud producers aud employee
Of the country. By meana Of under.
valuations, foreign goods pass through
the custom houses without paying
their Just tribute 10 tho treasury OF the
United Staies. Thus We have lost
millions Of dollars In revenue, anu tue
al - 4 .
unfairly possess our home markets.
Neither time nor place will permit
further reference 10 the unfortunate
legislation OF the Democratic party nor
u thr huttful, dom0TAlizing effects Of
II. Suffice II 10 cay that II has been
tho great and original factor Ia break.
Ing down confidence, checking prog.
fess, emplying the tIoasury, causing
continued deticlts And enioTcsd idle.
nes5 among millions Of willing work.
ore.
To meet the monthly deficit and
protect our credit ana save the gov.
efnment from protest, tho President
has been forced 10 soll bands; In other
words he has been obliged 10 mortgage
ihp future IN n time Of peace 10 meet
tho current obligations Of tho govern.
ment.
Thi1 10 In sharp contrast with the
Republican record. Our tATin laws
not only raised revenue, but they pro.
ieolsd our domestic industries; they
impurlislly protected tue farmer anu
manufacturer both north anu touth.
Not only that, but they also
raised sufficient revenue 20 grad.
unlly reduce tue public debt,
ana without Imposing gTiev0us
burden upon tho people. DurIng tbs
administration Of Harrison $3.50, 600.
600 VI obligations Wets paid, while
Cleveland during the last three years
nas added 10 our Understanding Debt
S202, OOO,0O0. Against such Demo.
cratic nnAnoirTug the Republican
party enters iIs emphatic protest.
HAvir x attempted 10 reverse the
tarin policy VI thB u liitl States with
such lAmontsble results, the Demo
cratic party now proposes TO evsIse
the currency policy,
IL tufns 10 tho currency as the parent
OF our Ills. It, etiJrt TO amin tho 10.
sponsibllity Will deceive no one. Its
attsok uron tho ttrin, It's record OF
intficiency aud insluceTlty,is n part Of
the unfortunate history Of tno republic.
Tho present currency system 10 tue
lruit OF Republican Wisdom, IL has
Dten adequate to oil our past nects-
stiles ana n interrupted will meet cur
future requirements, Oar greatest
was attained when RepuOli.
eau currency laws were Ia iuil opera
ton, when the Republican uEfy |
was In power our currency was good, |
IL was mulo AZ UODu A. the laEf nm fIr |