Mexico weekly ledger., 1896-07-02
M'KINLEY STATES HIS POSITION
Brief Extracts From His Letter OF
Acceptance.

Acceptance.
The letter of acceptance from Major
Mckinley, the republican nominee for
President of the United States, in brief
is as follows:
Great are the issues involved in the
coming election and eager and earnest
the people for their right determine
ton. Our domestic trade must be won
back and our idle workingmen en-
ployed in gainful occupations at Amer
lean wages. Our home market must
be restored to its proud rank OF first in
precipitately cut off by adverse legis-
lation, reopened on fair and equitable
terms for our surplus agricultural and
manufacturing products. Protection
and reciprocity, twin measures of true
American policy, should again COM
mand the earnest encouragement of
the government at Washington. Pub
lie confidence must be restored and
the skill, the energy and the capital of
our country find ample employment
at home, sustained, encouraged and
defended aginst the unequal eompeti-
ton and serious disadvantage with
which they are now contending.
The income of the government
should equal its necessary and proper
expenditures. A failure.to pursue this
policy has compelled the government
to borrow money in a time of peace to
sustain it's credit and pay it's daily ex-
penses. This policy should be reversed,
and that, too, as speedily as possible.
1t must be apparent to all, regardless
of past party ties or utilization, that it
is our paramount duty to provide ad-
equate revenue for the expenditures
of the government, economically and
prudently administered. The Repub-
lican party has heretofore done this
and confidently believe it will do SO
in the future when the party is again
intrusted with the power in the exec
utive and legislative branches of our
government.
The national credit, which has thus
far fortunately resisted every assault
upon it, must and will be upheld and
strengthened. If the sufficient reve-
nues r provided for the support of
the government there will be no
necessity for borrowing money and
increasing the public debt.
The complaint of the people is not
against the administration for bor-
rowing money and issuing bonds to
preserve the credit of the country,
but against the ruinous policy which
has made it necessary. 1t is but an
incident and a necessary one to the
policy which has been inaugurated.
The inevitable effect of such a policy is
in the deficiency of the United
States treasury, except as it is replen-
lshed by loans, and in the distress of
the people who are suffering because
of the scant demand for either their
labor or the products of their labor.
Here is the fundamental trouble, the
remedy for which is Republican OPP
portunity and duty.
The American people hold the finan-
cial honor of our government as sa-
cred as u flag and can be relied upon
to guard it with the same sleepless
vigilance. They hold its preservation
above party fealty and have often
demonstrated that the party ties avail
nothing when the spotless credit of our
country is threatened. The money of
United States, and every kind or
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 face value at home, but it must be
counted at par in any and every COM
mercial center of the globe. The sagac-
ious 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 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 maintain
it. The dollar paid to the farmer, the
wage earne and pensioner must con-
tinue forever equal in purchasing and
debt paying power of the dollar paid
to any government creditor.
The platform adopted by the Repub-
lican national convention has received
my careful consideration and has my
unqualified approval. 1t is a matter
of qualification to me, as / am sure it
must be to youand Republicans every
where, and to all u people, that the
expressions of it's declaration of prin-
pies are 80 direct, clear and emphatic.
They are too plain and positive to
leave any doubt or question as to their
purport and meaning.
TOM CTrDITENu Thy nVrn IMAM