The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-01-28

had before. You want to extend. not your
notes, but your business. | sympathiZed with
your purposes then; | am in full accord with
your intentions now.
l ventured to say, at the gathering referred
10, as reported in your published proceedings.
speaking both for your encouragement and
from profound conviction:
This great country cannot be permanently
kept in a state of relapse. l believe we will
reoccupy the field temporarily lost to US, and
go out to the peaceful conquest of new and
greater fields of trade and commerce. The
recovery will come slowly perhaps but il
steadier and will better know how to avoid
exposure hereafter" l have abated none of
the faith then expressed, and you seem to
have regained yours.
POWER TO PROMOTE.
National policies can encourage industry
and commerce. but it remains for the peo-
pie to project and carry them on. II these
policies stimulate industrial development and
energy, the people can be safely trusted to
do the rest The government however is
rstricted in its power to promote industry
1t can aid commerce, but not create it, 1t
can widen and deepen it's rivers, improve
us harporS and develop its great national
waterways; but the ships to sail and the
traffic to carry, the people must supply The
government can raise revenues by taxation in
such way as will discriminate in favor of
them. 1t can make commercial treaties OPEN
ing to our manufacturers and agriculturists
reciprocal arrangements to 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
enterprise to unite the two oceans with a
great canal. 1t do all these things and
ought to do them; but with all this accom-
plished the result will still be Intellectual
unless supplemented by the energy, enter
prise and industry of the people 1t is they
that must build and operate the factories,
fnr 4In
the rivers and the seas. 1t is they who must
find the consumers and obtain trade by 60
ing forth to win it.
Much profitable trade Is still unenjoyed
by our people because of their present in
sufficient facilities for reaching desirable mar
kets. Much of it is lost because of a lack
or information and ignorance of the condi-
tions 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 least ex-
pense and If we would enter into the most
advantageous business relations with them.
The ship requires the shipper; but the ship
pei, per must nave assured promise that his goods
VIII nave sale when they reach their destin-
alton.
1t is good rule, If buyers will not come
10 US, for us to go to them. 1t is our duty
10 make American enterprise and industrial
amDltlon as well as achievement terms of
respect and praise, not only at home, but
among the family of nations, the world over
MONEY VALUES.
There is another duty resting upon the
national government-'"To coin money and
regulate the value thereof This duty re-
qulres that our government shall regulate the
Value Of its money by the highest standards,
or commercial honesty and national honor
me money of the United States, is and must
forever De, unquestioned and unassailable. If
doubts remain, they must be removed If
weak places are discovered they must be
strengthened Nothing should ever tempt
us-nothlng ever will tempt us-to scale down
the sacred debt of the nation through a legal
tecnn1cality. Whatever may be the language
OF the contract, the United States will dis
charge all Its obligations in the currency
recognized as the best throughout the civi lied
world at the times of payment. Nor will
we ever consent that the wages of labor
or It's frugal savings shall be scaled down.
by permitting payment in dollars of less
value than the dollars accepted as the best
IN every enlightened nation of the earth
Under existing conditions our citizens can
not be excused If they do not redouble their
eH0rts to secure such financial legislation as
VIII place their honorable intentions beyond
dispute. All those who represent as YOU do.
the great conservative and the progressive
business interests of the country owe IT
nS.t not only to themelves but to the people, to
question now or else 10 face the alternative
that 1t must be again submitted for arbi-
tration at the polls
This Is plain duty to more than O01 o7O
voters who fifteen months ago, won a great
political battle on the issue among others
that the United States government would not
permit doubt to exist anywhere concerning
the stability and integrity of its currency
or the involability of It's obligations of every
KIND. That is my Interpretation of that vic
tory. Whatever Efforts therefore, is required
to make the settlement of this vital question
clear and conclusive for all time. we are
D. pound IN good conscience to undertake, and,
II possible, realize. That is our commission
our present charter from the people
1t will not suffice for citizens NOWADAYS IN
say simply M that they are in favor of sound
money. That is not enough. The peopIe' :
purpose must be given the vitality of public
law. Better an honest effort with failure than
the avoiding of so plain and commanding a
duty.
OBSTACLES IN THE WAY.
The difficulties in the path of satisfactory
reform are, it must be admitted. neither few
in number no slight in degree: but progress
cannot fail to be made with a fair and
thorough trial. An honest attempt will be the
cannot hurt it will only help the cause Lei
US have full and free discussion We are
the last to avoid of evade it. Intelligent
discussion will strengthen the Indifferent and
| encourage the friends Of a stable system Of
| finance
Half-heartedness never won battle. Ma
TONS and parties without abiding princi
! pies and stern resolution to enforce them
! even If 1t costs a continuous struggle to dc
SO, and temporary sacrifice are never in the
! highest degree successful leaders in The
progress of mankind. For us to attempt moth.
| Ing In the face Of the present fallacies and
the constant effort to spread them, is to LOSE
| NdludDle ground alreaQy won ana practically
| to weaken the forces of sound money fol
! their battles Of the future.
The financial plank OF the st. Louis plat
! form is still commanding upon Republi
cans and those who served with them IL
| the last campaign on the day 1t was adopt
| ed and promulgated Happily, the tariff par
| of the platform has already been engraftet
| into public statute. But that other plank
| not already builded into our constitution, Il
| Of binding force upon all of us. What is It?
THE Republican party is unreservedly fol
| sound money. 1t caused the enactment O
| the law providing for the resumption of speci,
! payments in 1879; since then every dollar ha.
| been as good as gold.
I'VE unalterably opposed to every
measure calculated to debase our currenc!
or impair the credit Of our country. We arr
| therefore opposed to the free coinage Of sill
yer, except by international agreement will
| the leading commercial nations of the world
which We pledge ourselves to promote an(
! until such agreement can be obtained the
existing gold standard must be preserved
| All our silver and paper currency must bt
| maintained at parity with gold, and we favor
| all measures designed to maintain inviolably
! the obligations of the United States and al
| our money, whether coin or paper at the
! present standard, the standard of the mos
| enlightened nations of the earth"
| This is in reality command from the
| people who gave the administration to the
ly waiting for tfg >-xecution Of their free