The Irish standard. [volume] (Minneapolis, Minn. ;) 1886-1920, 1898-02-05
HAS FAITH N The FUTURE,
President Mckinley Speaks at the
Manufacturers Banquet Given
in New York City.
STRONGLY FAvORS CURRENCY REFORM.
Declares That the Republican Party
Must Stand by Itx PlntTorm-Na-
tionnl Policies Should Encourage
Industry and COmmercc-Thc Pco-
pie VIII DO the Rest.

tiOnal Policies Should Encourage
Industry and C0mmerce-'Tilc PcO-
pie VIII DO the Rest.
New York. Jan. 2S.-rhc third annual
banquet of the National Association of
Manufacturers of the United States,
which took place Thursday night at
the Waldorf-Astoril hotel, was one Of
the largest and most elaborate affairs
OF the kind ever given in this city.
The widest enthusiasm prevailed
when President Mckinley was intro
duced. lie spoke slowly and was plain
ly heard in every portion of the great
hall by the 1000 guests present. Prcsi-
dent Mckinley said in part:
The Presidents Address.
National policies can encourage indus
people to project and carry them on II
these policies stimulate Industrial develop
ment and energy. the people can be :afely
trusted to do the rest. The government.
however is restricted in It's power to pro
mote industry. 1t can aid commerce. but
not create 1t. 1t can widen and deepen Its
rivers, improve It's hurhurs ard develop Its
great national waterways. but the ships to
sail and the traffic to carry the people must
supply.
Must Know the Wants of Others.
Much profitable trade is still unenjoyed
by our people because Of their present
insufficient facilities for reaching desirable
markets. Mach OF 1t is lost because Of
lack Of Information and ignorance Of the
conditions and needs of other nations. We
must know just what other people want
before we supply their wants. We
must understand exactly how to reach
them with least expense II We would
enter into the most advantageous busi-
ness relations with them The ship re-
obi hut .k,l
have assured promise that his goods will
have a sale when they reach their des-
tinaton. 1t Is good rule. II buyers will
not come to us. for us to go to them. 1t
Is our duty to make American enterprise
and Industrial ambition as we'll as achieve
ment. terms OF respect and praise. not
only at home. but among tho family OF
nations. the world over.
Our Money Must lie una.saiiahie.
"There is another duty resting upon the
national government-'to coin urd regulate
the value thereof This duty requires that
our government shall regulate the value
OF Its money by the highest standards of
The money Of the United States Is and
must forever be unqucstioned and unas-
sailable; II doubts remain they must be
removed. II weak places are discovered
they must be strength ened Nothing should
ever tempt us-nothing ever will tempt us
to scale down the sacred debt Of the nation
through a legal techncnlity. Whatever
may be the language OF the contract, the
United States will discharge all Its obli-
cations In tho currency recognized as the
best throughout the civilized world at the
times OF payment. Nor will we ever con-
sent that the wages OF labor or its frugal
savings shall be scaled down by permits
ting payment In dollars Of less value than
the dollars accepted as the best In every
enlightened nation OF the earth.
Question Must he Settled Now.
"Under existing conditions our citizens
cannot be excused II they do not redouble
their efforts to secure such financial legIs-
lation al Will place their honorable inten-
tons beyond dispute All those who repre-
sent. Us you do the great conservative and
the progressive business interests of the
country. owe 1t not only to themselves hut
to the people TO insist upon the settle-
inent Of this great question now. or else
to face the alternative hat 1t must be again
submitted for arbitration at the polls.
This Is our plain duty to more than 7,0OO,-
600 voters who Is months ago won great
political battle on the Issue. among others,
that the United States government would
not permit a doubt to exist anywhere con-
corning the stability and integrity of It's
cations of every kind. That Is my inter-
probation OF that victory
still of binding Force.
''For us to atIempr nothing In the face of
the present fhllacies and the constant effort
to spread them Is to lose valuable ground
already won and practically to weaken tho
forces Of sound money for their battles Of
the future. The financial plank Of the st.
Louis platform Is stlll as commanding upon
republicans and those who served with
them In the last campaign on the day 1t
was adopted and promulgated. Happily
the tariff part of the platform has already
been engrafted into public statute. But
that other plank. not already huillcd into
all Of U.S. What is n7
The republican, party IS unreservcdly
OF the law providing for tho resumption OF
specie payments in 1870: since then every
dollar has been as good as gold.
1--WE are unalterably opposed to evory
measure calculated to debase our currency
or impair the credit of our country. We are
therefore opposed to the free coinage Of
silver except by international agreement
with tho leading commercial nations OF the
world. which we pledge ourselves to pro-
mote, and until such agreement can be
obtained the existing gold standard must
be preserved. All our silver and paper cur
rency must be maintained at parity with
gold, and we favor all measures designed
to maintain inviolaby the obligations Of
the United States and all our money.
whether coin or paper. at the present stand-
ard. the standard of the most enlightened
nations of the earth"
Faith in the Future.
''I have no fear OF the future Of our hs-
loved country. While discern In Its press
ent condition the necessity that always ex-
lists for the faithful devotion of Its citizens.
the history Of It's past Is assurance to mo
that this will be as It always has been
through every struggle and emergency,
etill onward and upward. 1t has never suf-
Tered from any trial or been unequal to any
test. Founded upon right principles. we
have nothing to fear from the vicissltudes
which may lie across our pathway. Tho
nation founded by the fathers upon prin-
cipes of virtue. education, freedom and
human rights: nodded by the great discuss
eions which established its sovereignty,
tried In the crucibe Of civil war. Its In
tegrity confirmed by the results Of a re-
construction. with n union stronger and
better than ever before. stands to-day not
upon shifting sands. but upon mmovubls
foundations.
LET us resolve by our laws and by our
administration OF them to maintain the
rights OF the citizens. to cement the union
by still closer bonds. to exalt tho stand-
ards of American civilization. encourage
the promotion Of thrift. industry and econ
ony and tho homely virtues which have
ennobled our people. uphold the stability
Of our currency and credit and illustrate
the purity of our national and municipal
government. and though the rain descendA
and the floods come and the winds blow.
the nation will stand. for 1t Is founded upon
Q rock"