San Antonio daily light. [volume] (San Antonio, Tex.) 1886-1907, 1896-06-29

raise enough revenue TO meet both its
current expenses and increasing needs
Its revenues should be so raised as to
protect the material interests of our
people, with their lighteSt possible
drain upon their resources, and main
tain that high standard of civilization
ON which has distinguished our coun-
try for more than century of its eX-
istence. The income of the govern
ment. / repeat, should equal its neces-
sary and proper expenditure. A fail
ure to pursue this policy has compelled
the government to borrow money in a
time of peace TO sustain its credits
and pay it's just daily expenses. The
policy should be reversed, and that,
too, as speedily as possible. 1t must
be apparent to all, regardless of past
party ties and affiliations, that it is our
paramount duty TO provide adequate
revenue for the expenses of the gov
eminent, economically and prudently
administered. This the Republican
party has heretofore done, and conf
IDENTIFY believe. il will do in the future,
when the pOrty is again trusted with
power in the executive and legislative
branches of our government. The ma
tional credit, which thus far has for
tunately resisted every assault upon
it. must and will be upheld and
strengthened. If sufficient revenue is
provided for tie support of the gov
eminent thepe will be no necessity for
borrowing money and increasing the
public debt The complait of the peo-
pie is not against the administration
for borrowing money and issuing
bonds to preserve the credit of the
country, but against the ruinous pol
isy which has made this necessary.
1t is but an incident and a necessary
one to the policy which has been in
augurated. The inevitable effect of
such policy is seen in the deficiency
of the United States treasury, except
as it is replenished by loans, and in
this distress of the people who are suf-
fering because 70 the scant demand
for either their labor or the products
of their labor. Here is the fundamen-
tai trouble, the remedy for which is
Republican opportunity and duty. I'm
der Republican control, following re-
sumption, there was a steady reduc
ton of the public debt, while the gold
reserve was sacredly maintained and
eur currency and credit preserved
without depreciation, faint or sus-
picion. If we would restore this
policy that brought us uneXampled
prosperity for more than thirty 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 quickly be
turned in our favor and gold would
turn to us and not 90 from us in the
settlement of all such balances in the
future The party that supplied by
legislation the vast revenues for the
conduct of our greatest war, and
promptly restored the credit of the
country ut it's close, and that from it's
abundant revenues paid off a large
share of the debt incurred in this
war, resumed specie payments and
placed our paper currency upon a
sound and enduring basis, can be
safely entrusted to preserve both our
credit and currency with honor, sta
bility and inviolability.
''The American people hold the finan-
cial policy of the government as sa-
cred as our flag, and can be relied
upon to guard it with sleepless vigi-
lance. They hold its preservation
above party fealty and have often
demonstrated that party ties avail
nothing when our credit is threat
ened. The money of the United
States and the kind and form of it,
whether of paper, silver or gold must
be as good as the best in the world.
1t must not only be current, at its full
face value at home, but it must be
counted at par at every and any
money center of the globe. The saga
cious and far seeing policy of the
great men who founded our govern
ment, the teachings and acts of the
wisest financiers at every stage in our
history, the steadfast faith and splen-
did achievements of the great party
to which we belong and the genius
and integrity of our people, have al
ways demanded this and will ever
maintain 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 gov
eminent creditor This contest this
year will not be waged upon lines of
theory and speculation, but upon the
lines and in the light of severe prac-
teal experience and new and dearly
acquired knowledge. The great body
of our citizens know what they want,
and that they intend to have. They
know for what the Republican party
stands and what it's return to power
means TO them They realize that the
Republican party believes that our
work should be done at home anu not
abroad. and everywhere proclaim
their devotion to the principles of
protective tariff, which, while supply
ing adequate revenues for the govern
ment, will restore American produc-
ton and serve the best interests of
American labor and development. Our
appeal therefore is not to be false