The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-01-28
M'k|NLEY SPEAKS
ON GOOD TINES.



o. yen here than there were az your FRS,
meeting. Distances are. OF course. the
same. but travelling has been resumed.
Your speeches and resolutions at that
first convention were directed mainly 10
the question az Row 10 regain what You had
los; IN the previous year; or. If that was
found impossible. then how 10 stop farsner
loss. BIZ; your object now. as gather X,
IS 70 20 oar and possess wat you have
never had before. You want 10 extend, not
yea notes. bat your business / syEslpa-
thzed with your purposes then: ! am N
full accord with your intentions now.
The Country Recovering Its LOSSES
az ventured TO say AT the gathering re-
ferred TO- as reported in your puolfshed
] proceedings. speaking both for your en-
coura cement and from n profound coaTic-
ton. that this great country cannot be
permanently kept IN a state Of relapse.
believe We will occupy the Held Temporarily
lest TO as. and 60 oat 10 the peaceful con-
quest of new and greater 0eids Of trade
and commerce.
The recovery will seem slow. perhaps,
bu, IL will come. and when II does we VII!
be steadier and viii better Know now 10
avoid exposure hereafter
Il have anated none OF the faith t-ien
expressed. and you seem 10 have regained
yours. National policies can encourage in
dustry and commerce. but IL remains for
the people 10 project and carry them on.
If these policies stimulate Industrial de-
velspment and energy, the people can be
safely trusted to do the rest.
The government. however. Is restricted
In its power 10 promote industry. Ii can
aid commerce but not create IL. 1t can
widen and deepen its rivers. improve its
harbors and develop its great national
waterways, but the ships TO sail and the
traffic TO carry the psoply must supply.
The government can raise revenues by
mill IA
ate in favor Of domestic enterprises. but
II cannot establish them. II can make
commercial treaties, opening 10 our man
ufactugers and agr.cui:urists the ports Of
other nations. II can enter into reciprocal
arrangements 10 exchange our products
with those OF other countries. 1t can aid
our merchant marine by encouraging our
people to build ships of commerce. It can
assist in every lawful manner private en-
terprise 10 unite the two oceans with
great canal. II can do all these things,
and ought to do them; but with all this
accomplished. the result will still be in
effectual unless supplemented By the
energy. enterprise and industry of the peo-
pie Ii is they that must build and operate
the factories furnish ships and cargoss
for the canal and the rivers and the seas.
II is they who must find the consumers
and obtain trade by going forth TO win 1t.
such profitable trade is still uneDjoyed
by our people because of their present in
sufficient facilities for reaching desirable
markets. Much OF it Is lost because Of a
lack of information and ignorance of the
conditions and needs of other nations We
must know just what other people want
before we can supply their wants. We
must understand exactly how TO reach
them with the least expense. IL We would
enter into the most advantageous business
relations with them. The ship requires the
shipper: but the shipper must have as
sured promise that his goods will have a
sale when they reach their destina ton. 1t
is good rule. IL buyers will not come 10
US. for us to go TO them 1t is our duty 10
make American enterprise and industrial
ambition as well as achievement terms OF
respect and praise. not only at home. but
among the family of nations the world
over.
Money Problem should he Settled.
There is another duty resting upon the
national government-to coin money and
regulate the value thereof. This duty re-
Quires that cur government shall regulate
the value of its money by the highest
standards Of commercial honesty ard ma
tionai honor. The money of the United
States Is, and forever must be, unouestion-
ed and unassailable. II doubts remain.
they must be removed. If weak places are
discovered. they must be strengthened.
ever tempt Us to scale down
the sacred debt of the nation through a
legal technieality. Whatever may be the
language of the contract. the United
States win discharge all its obligations in
currency recognized as the best through
out the civilized world a the time OF pay
ment.
Nor will we ever consent that the
wages OF labor or it's frugal savings be
scaled down by permitting payment in
dollars of less value than the dollars
cepted as the best in every enlightened
nation OF the earth. Under existing con-
diions our citizens cannot be excused If
they do not rsdouble their efforts 10 SCI
cure such financial legislation as viii
place their honorable intentions beyond
dispute
"Au those who represent, you DO
the great conservative and the great pro-
gressive business interests OF The coun-
try, owe Il not only to themselves. but TO
the people, 20 insist upon the settlement
of this great question now, or else to face
the alternative that II must be again sub
mitted for arbitration at the polls. This
Is our plain duty to more than 100000
voters. who a few months ago a
great battle on the issue. among others.
that the United States government would
not permit double standard TO exist
anyw here concerning the stability of its
currency or the inviolability Of its obli-
Cations Of every kind
This IL my Interpretation OF that VIC
tory Whatever effort. therefore, Is -
CURED 70 make the settlement of this
vital question clear and conclusive for all
tirne, we are bound la good conscience 20
undertake ard II possible realize. That
Is our commiss!ou-our present charter
from the people.
1T will not suffice for citizens now
adays 10 say simply that they are In favor
Of sound money. That Is not enough. The
peoples purpose must 90 given the vital
ity Of public law. Better an honest effort
with failure than the avoiding of 20 plain
and commanding a duty. The difficulties
In the path % satisfactory reform are
il mus, DC admitted. neither FEW in num-
Der nor slight in degree. but progress
REE0RE 1 1i1I.a with @S : .st:: ,. Ss: