The Republican journal., 1900-08-16
THE REPUBLICAN, POLICY.

prosperity prepare for adversely. Times
are prosperous now. Never before in
our history has such an immense and
profitable volume of business been
handled. 1t cannot be expected that
all years will be like this year Crops
Will fail Speculation induced by pros
perlty may lead to unsafe investments
ana consequent hard times. But the
wise administrators of the Nation must
ana VIII provide as far as possible to so
| direct and diversity the industries of
the Nation that good degree of pros
perlty may be expected under all nor
MAJ conditions. As people we grow
! more than we can eat We dig from
GU: mines more than we can consume.
"espln, weave, forge, shape and make
more than we can use. Field, forest,
furnace and factory all produce more
| than enough to supply any possible do
mestic demand. This is condition,
not theory, which can be met in but
one OF two ways. Reduce the output
or increase the purchasers. The former
IS contraction. The latter is expansion.
1t Is impossible to stand still. We must
! go forward or backward. The channels
| OF the worlds commerce are never
stagnant. The struggles of the twentieth
century will be for markets. Business
knows no sentiment. The purchaser,
| whether Turk. Japanese. English or
Yankee, will buy where he can buy the
cheapest. The Nation that can under
sell the rest of the world will control
the commerce of the world 1t is the
settled policy of the Republican party
to protect our industries. encourage
manufacturing. and thus create con-
stant demand for labor This. how
ever, is only half of the problem.
| The nation or the individual that in
creases production. without enlarging
the demand and increasing consump-
ton, will come to grief, Goods stacked
up i'll warehouses represent dead capital
paid out both for material and labor.
Mckinley. not content with opening
sorb the output of loom. spindle, pick
and ploW.
The result is almost beyond belief
The exports of the United States for
the fiscal year 1900 amounted to the
enormous sum of 81 394 40 214. This
is divided among all classes of indus
tries. and the increase over the fiscal
year of 1899. the best the country had
ever before known under any admins.
tration. was as follows:
Fisheries. es.................S 1.0o0,ooo
Mining. 10.0W,n00
Forestry rN................. 1o.o0o.0oo
Agriculture: :............. 5o.ooo.ooo
Manufacturing .......... 10O.OlO.OOu
Now to keep up this record and pro
vide fora normal growth is the purpose
of the Republican party. 1t has recent
ly perfected a reciprocity treaty with
Germany. and another with Italy in
order to increase the sales of American
products III those lands, policy inau-
gurate by that matchless American
statesman. James &. Blaine.
The administration secured IAN open
door policy in the Orient SO that when
the Chinese troubles are over. without
the necessity of taking a foot of land
OF keeping single soldier i'll China
our products shall have every advan-
tage enjoyed by those of the most fav-
ored nations interested in the East
The Importance of this diplomatic tri-
umph may be to some extent realized
when it is remembered that one-third
of the products of all the looms of the
southern States finds a market in the
Orient.
1t is the pronounced policy of the
Republican party to stimulate trade
the world over 1t advocates a ship
subsidy bill. so that vessels may float
the American flag. transport American
goods. carry American mails. and open
new markets for American products
American banking Institutions are es-
tabished in both the East and West In
dies i'll order that exchange of money
may be effected without our business
having to pass through London, paying
a toll to British tinanciers.
The Republican party advocates the
laying of Pacific cable with landing
places on American territory, Hawaii,
Guam and the Philippines The lack of
such cable is felt more and more every
day and its operation would have sim
plitied very much the Chinese situation.
Close mail and telegraphic communica-
ton are better than armies to keep
nations at peace with each other.
The Republican party stands pledged
to encourage the building of an 18th
mlan canal, not as a fomenter of war,
but as d peace measure and a commerce
stimulator. because such a trans-oceanic
waterway would facilitate the trans
portation of American goods, and allow
this country to secure more trade in
foreign markets.
The mission of the party of prosperity
will not be over until there are no more
markets to conquer. 1t is charged that
this is not a noble mission, that it is
rank commercialism. But it is more
than that 1t is rank industrialsm. 1t
is providing work for factories, labor
for laborers, transportation for goods.
1t makes the payroll fatter. 1t is the
policy that cancels mortgages, builds
homes for working men, creates de-
mand for the grain of the field, the meat
of the pasture, and the iron and coal of
the mine. 1t is rational and national
prosperity founded on wisdom: not a
promised prosperity created by cutting
a dollar in two and calling each half a
whole.
A radical departure from this policy is
advocated by the Democrats in their
avowed purpose to destroy protection
and oppose expansion. The triumph of
their policy, if put upon the statute
books, would result in American fur
naces becoming cold and American shut
ties being silent. English looms would
weave for us and German mills would
do our forging. American labor would
find its occupation gone.
There is a difference between the two
political parties. The Republicans do
want to govern the markets of the world,