Worcester morning daily spy. (Worcester, Mass.) 1888-1898, 1898-01-28

then expressed, and you seem to have
regained yours.
National policies can encourage in
dustry and commerce, but 1t remains for
| the people to project and carry them on.
| If this policies stimulate industrial de-
velopment and energy the people can
be safely trusted to do the rest. The
government, however, is restricted in it's
power to promote industry. 1t can aid
commerce but not create it. 1t can
widen and deepen it's rivers, improve it's
harbors and develop it's great national
waterways; but the ships to sail and
| the traffic to carry the people must sup
| ply. The government can raise reven-
ues by taxation In such way as Will
discriminate in favor Of domestic enter
| prise, but it cannot establish them. 1t
can make commercial treaties, opening
to our manufacturers and agriculturists
the ports of other nations 1t can enter
into reciprocal arrangements to ex-
change our products with those Of other
countries. 1t can aid our merchant ma
rine by encouraging our people to build
ships of commerce. 1t cam assist in ev-
cry lawful manner private enterprises
to unite the two oceans with great
canal 1t can do all these things, and
ought to do them; but, with all this ac-
comphshed, the result will still be inef-
| fectual unless supplemented by the en-
ergy, enterprise and industry Of the
people. 1t is they who must build and
operate the factories, furnish ships and
cargoes for the canal and the rivers and
the seas. 1t is they who must find the
consumers and obtain trade by going
| forth to win it.
Much profitable trade is still unen-
joyed by our people, because Of their
| present insufficient facilities for reach
! ing 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 UNDER
stand exactly how to reach them with
the least expense, If we would enter into
the most advantageous business rela-
tons with them. The ship requires the
shipper; but the shipper must have as
sured promise that his goods will have
sale when they reach their deStina-
ton. 1t is a good rule, If buyers will
not come to us, for us to so to them
1t is our duty to make American enter
prise 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.
There is another duty resting upon
the national government-to coin money
and to regulate the value thereof. This
duty requires that our government shall
regulate the value of its money by the
| highest standards of commercial homes
ty and national honor. The money OF
the United States is and must forever
be unquestioned and unassailable. II
doubts remain, they must be removed
/ If weak places are discovered, they
must be strengthened Nothing should
ever tempt us-nothing ever will tempt
us-to scale down the sacred debt of the
nation through a legal technicality
Whatever may be the language of the
contract, the United States will dis.
charge all of its obligations in the cur.
rency recognized as the best throughout
the civilized world at the times of pay.
ment, Nor will we ever consent thai
| the wages Of labor or its frugal saving
SHAH be scaled down by permitting pay
ment in dollars OF less value than tht
dollars accepted as the best in every en-
llghtened nation Of the earth
Under existing conditions our citi
zens cannot be excused If they do no
redouble their efforts to secure sllcI
financial legislation as will place thei
honorable intention beyond dispute. AL
those who represent, as you do, thu
great conservative but progressive bust
ness interests Of the country, owe 1t
| not only to themselves, but to the peo
pie, to insist upon the settlement of thi.
| great question now, or else to face tn,
alternative that 1t must again be sub
| mitted for arbitration at the polls. Thi.
| Is our plain duty to more than sever
million voters, who fifteen months age
| won great political battle on the issue
| among others, that the United States
! government would not permit doubt Il
exist anywhere concerning the stability
and integrity of its currency, or the in
| volatility of its obligations of every
kind. That Is my Interpretation of that
! victory. Whatever effort, therefore, is
required to make the settlement of this
vital question clear, or conclusive fol
all time, we are bound in good con-
| science to undertake, and if possible
realize. That Is our commissioners
present charter from the people.
! 1t will not suffice for citizens now
adays TO say simply that they are in
favor of sound money. That is moi
enough-the peoples purpose must be
given the vitality of public law Better
an honest effort with failure than the
avoiding so plain and commanding q
duty.
The difficulties in the path of a sat
isfactory reform are, it must be admit
| ted, neither few in number nor slight in
| degree; but PROCESS cannot fail to be
made with fair and thorough trial An
| honest attempt will be the best proof OF
| sincerity of purpose. Discussion can
not hurt; it will only help the cause
Let us have full and free discussion. We
are the last to avoid or eYade it, intel
ligent discussion will strengthen the in
different and encourage the friends of u
! stable system of finance.
| Halfheartedness never won a battle.
| Nations and parties without abiding
principles and stern resolution to en-
force them. even if it costs a continuous
struggle to do so and temporary sacri-
flee, are never IN the highest degree sue
cessful leaders in the progress of man
kind. For us to attempt nothing in the
face of the prevalent fallacies, and the
| constant effort to spread them, is to lose
valuable ground already won, and prac-
tically to weaken the friends of sound
money for the battles of the future
| The financial plank of the St Louis
platform is still as commanding upon
republicans and those who served with
them in the last campaign, as on the
day it was adopted and promulgated
Happily the tariff part of that platform
| has already been engrafted into public
statute. But that other plank, not al
ready rebuilded into our legislation. is
| of binding force upon all of us What
is it?
! The republican party is unreservedly
| for sound money. 1t caused the enact
ment of the law providing for the re-
sumption Of specie payments in 1879;
since then every dollar has been as good
as gold.
| We are unalterably opposed to every
measure calculated to debase our cur
rency or impair the credit of our coun-
| try. We are, therefore, opposed TO the
| free coinage of silver. except by interna-
tional agreement, and with the leading
commercial nations of the world, which
we pledge ourselves to promote, and,
until such agreement can be obtained,
the existing gold standard must be pre-