The Coeur d'Alene press. (Coeur d'Alene, Idaho) 1892-1907, 1896-06-20
Fatrhank-s Remark


NJ Fairbanks addressed the convention
as follows
Gentle Of the Coaven lion-i an p-o-
socnsly grateful fox th-s sNp-eSS3on o.
your generous cona1ence- A. e4t-.7ns a.
x.re never called upon 10 discharge 4
NOR. Important duty than that Saleh
rests upou u-the nomination o. ! pres
tdent and vice president Of the a-t-i
States This duty Is a peculiarly 4niETs-
siye one az the moment. Tor i - a-Fe~l!
written in the book Of fate that IL
choice Of this convention viii be the mex
president and vice president Of ms sre.ti
republic. Three years Of democratic Ai-
rnInistration have been three years o.
panic of wasted energy. OF anxiety ana
loss to the American people without
parallel in history.
To-day the people turn TO the repuo-
ucan party hopefully. confidently. ami
IL is for US 10 meet their expectations
II il for US to give them those candidates
upon whom their hearts have conferred
and TO give them a clear. stralShtloF-
ward emphatic expression OF our po'I-!-
cal faith. The republican party IS par
~ of convictions. and Il mas written =
convictions in the history Of the repu5-
lie with the pen and with the sword
With IL the supreme question always mas
been not what Is mercy polite, Dat what
Is right. The great men W nave gwen
TO the nation and 10 histort, the mighty
inspiration and our tower OF Strength II
we are but true to their exalted exam
Die we An not be false 10 our country
men
For a third Of century prior TO the
advent OF the present democratic Al
ninistration We operated under laws en-
acted by the republican party. AL great
measures concerning the tariH and the
currency original ted with IL T1rlT laws
were formed upon lines which protected
our laoorers and producers from IN
equal and unjust foreign competition,
and upon the theory that the best N 'r-
ket in the world is the home maEke;.
and that it should be enjoyed by our
own countrymen.
Currency Question.
Under the currency laws our currency
was made national. The wildcat state
bank money OF the democratic party was
wiped on, OF existence. The unprece-
dented demands growing out OF the wac
were met BY a paper currency wnlch III
timately became good as god. sine
the resumption OF specie payments, IN
1879, every dollar OF our money-pdper,
silver and gold has been o. equal p4c-
chasing power tine world over The pol
Icy of the party has been to make ana
keep our currency equal TO the best IN
the world.
Under the operation of these honest
tariff and honest money republican laws
the country grew in wealth and power
beyond precedent. We easily out
stripped all other powers in the CONNER
cial race. On November 8. 1892, there
was work for every hand and bread Tor
every mouth. We had reached the hiSa
water mark. Labor received higher
wages than ever. and capital was prof.
itably and securely employed. Tae IA
tional revenues were sufficient 70 meet
our obligations and leave a surplus in
the treasury. Foreign and domestic
trade were greater in volume and Ea.4e
than they had ever been Foreign bal
ances were largely in our favor. Euro
rean gold was flowing toward Us But
all Of this IS changed. The cause is not
hard TO seek. A reaction began when ii
was known that the legislative and ex-
ecutlve branches OF the government
were to be democratic. The democratic
party had at Chicago changed the pro-
tective tariff principle as uncon5tiiution
al. and solemnly pledged Itself 70 the
overthrow and destruction of the Mchln-
ley law. and the adoption OF free trade
the policy Of the United States. TAiS
bold aggressive attack upon the long
settled policy OF the republican party
bore It's natural fruit in unsettled bus
mess, and were soon drifting against
the rock of destruction. Before The work
of demolition had actually begun a run
was started upon the treasury reserF=,
which the republican party had wis-y
accumulated for the protection OF the
government credit. The drain upon the
reserve for the redemption Of gr=-l-
backs and treasury notes greatly sur
passed all PRIOR experience. and @UIPIa-
sized the discredit INTO which the I-ra >
cratic administration had fallen. An II
ter want OF confidence in the admins
tration possessed the people.
Destroyed the Mckinley Law
The democratic party vas al-nJh.J. -
i
struction Of the Mckinley la~. But VIM
they came TO the exercise OF he CT alive
faculty. the enactment Of a great r.5-
enue Measure in its stead, there WAS
d!scord. The imported interests Of the
country watched and waited through
long and anxious months for some SET
i.ement of the important question. Thy
wanted an end to the uncertainty. ~
length the Wilson bill was adopted. an !
IL was characterized by a democratic
president as the child OF 'perfiJJ and d -
honor. II was 50 bad that he wol..I not
contaminate his hand By signing it, a
bill that ~as TOO base for Mr. Cleveland
TO approve IS too rotten for the IpprO-It
OF the American people.
This Important law was wanting N |
the primary purpose of a revenue meas |
ure, for It failed TO provide adequate !
revenue 10 meet the requirements Of IN. !
government. The deficiency thus far |
amounts TO some $50 1pDG 90. The end = |
not yet, for the deficiency grows day ~ /
day. This leaves the pubic credit in |
constant peril Our foreign credit is I'm !
paired. and domestic capital feels insc-
cure.
The sectional rayorit!sm Of the W!lsla !
law was one Of its marked features Its |
do" at the sheep Industry vas an un-
pardonable onense. II was A fagr44, {
wrong to the farmers of the United |
states his great industry had de.-l-
oped and gTown under republican pr,-
tsctive laws until II Was one o. olr
greatest. We are nov sending af,r,,I
millions Of dollars for wool which we're
paid to our farmers under the Mck!aIsy
law.
The bill struck down reciprocity. on.
OF the highest achieve ments In AmcrIr "A |
craftsmanship. No measure was ever m
acted which more directly advanced the
interest OF the American farmer ana |
manufacturer than reciprocity. With IL, |
destruction fell advantageous c0.nmercial |
agreements under which our produces |
were surely finding larger and more pros-
table foreign markets. and without the |
surrender OF their own. The substitu- |
ton Of I'D valorem for specific duties has
opened the way for systematic and |
wholesale frauds upon the treasury ani '
producers and employers Of the country.