The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1900-04-26

ment of the law without bloodshed-
He has earned the gratitude of his party
by his adherence 10 principles OF SOUND
and honest government. and at the end or
his term he will retire from official life
with the respect and confidence of the peo-
pie or the entire State, without regard 10
their party affiliations. Upon his admins
tration we may safely go to the people and
ask a continuance of our trusS. He has
demonstrated that high and faithful serv-
Ice 20 the country Is the best service that
can be rendered TO the party. and that good
government is the surest guarantee TO the
continuance of political power.
HAS KEPT FAITH.
Gentlemen. of the convention. the ad-
ministration at Washington has kept faith
with the people of the Republic. Perform
ance has not Jagged behind. but on the
contrary, has swiftly followed, the heels
of promise. Surrounded constantly by new
and strange difficulties: confronted day by
day with problems complex and grave;
moving hourly amidst events of vast ana
far-reaching import, the President and the
Congress have calmly and steadily pursued
the highway of craftsmanship; and. amid 1T
sII. have found time 10 give to the plat
form pledges of 1896. the vitality OF puphc
law
Think. a minute. Ten days after the
inauguration Of the President the Con-
gress, convened in extraordinary session,
was considering the enactment of a new
tariff measure: ninety days later the Ding
ley law received the Presidents approval;
the pledge made to the American working
man was redeemed; and the Wilson law,
child of 'perfidy and dishonor,' the bastard
offspring of an unhOly liaison. was wiped
from the statute books of the Nation.
Not content with removing the cause or
commercial and industrial disaster, the
Congress framed and passed, and the
President approved, a uniform bankruptcy
law, under which the victims of Democra-
tic NAL administration have been able to
efface the failures of the past and begin
life anew, under conditf0hs which promise
successful career.
In 1895. the Dingley law was rapidly
replenishing the depleted treasury left to
US by a Democratic administration. The
revenue created by its provisions would
have been adequate TO the needs OF the
government, but for the unexpected and
extraordinary expenditures incident to the
conduct of a foreign war. This Few con-
dition was promptly met by a revenue
measure framed and passed in the face or
bitter and partisan opposition waged by the
minority In Congress. Under 1T the rev.
enues of the government have been more
,han sufficient to defray the expenses OF
the war with Spain and in the Philippines.
A surplus again appears in the treasury,
sufficient in sum to promise an early and
substantial reSduction of the special taxes
levied under the provisions of the law. thus
assuring relief to a generous and patriotic
DCODIc- All tllSOUlu VI Il aiAN
standard of questionable value, comes near
being the root of all commercial evil. For
this reason one of the highest duties de-
volved upon the President and the Con-
gress was the adoption of a sound and
stable monetary systematic creation OF a
standard which would be the same when
contracts matured as when they were
made.
enactment of a law, the provisions of which
establish the single gold standard, and
commit the country to its maintenance.
by this act we have written a new and
brilliant chapter in the history of the Re-
publican party, and have minimized the
evil effect of another free-silver campaign
upon the business interests of the country.
I'm the work of monetary reform, lndi-
ana justly takes a special pride. We were
among the first TO assume an avowed and
u~nequivocal position in favor of the gold
standard A gentleman OF this city, a pri-
vate citizen OF exalted motive and great
ability, was one of the most faithful advo-
Gates of the principles involved in that
measure. To him much of the credit for
ultimate success is due. Here the monetary
commission held its sittings. And when at
length the Congress was ready to act upon
the question, a representative or Indiana
became sponsor for the measure on the
floor of the House, and by his clear and
forcible argument, and his mastery tact
and management, did much TO secure its
enactment. The measure received at all
times the support of our nine Republican
l0Dlt aAd NiCl ~ I1o(AACa tAAC
Senate another distinguished Indiana
statesman, the senior senator, became its
friend and advocate, and the junior sena-
tor its sincere supporter. The triumph Of
sound money was a victory for Indiana
Republicans in a special and peculiar
sense. 1t was also a victory for the gold
Democrats of Indiana, and they should be
given a share in the glory. In 1896 thou
sands of them sacrificed party affiliations
rather than surrender their principles upon
this question.
81 submit. however, that they ought not
to desert us now, because the victory has
been won. Free coinage OF silver at the
false and fictitious ratio of 16 to L will be
reaffirmed by the Democratic convention,
and Mr.. Bryan will be renominated. He Is
no better now that he was in 1896. The
heresies he advocates are no less danger
Gus now than they were then. He ought
not to receive the support of any man who
That the Republican party has made IL
difficult for him, in case of his election to
the presidency, to put the country upon a
free-silver basis, Is an insufficient defense
for voting for him. We ought not to a X
a known craftsman into our employ, SIM
ply because we have a new safe, the COM
bination of which he does not know.
MY countrymen. these things are fin
ished. They are secure. They are history.
In doing them the administration has kept
the faith and filled the bond. 1t is entitled
to your approval and commentator.
OTHER MEASURES.
"Other measures are still pending and
are receiving the best thought of the
President. his constitutional advisers and
of the Congress. All the work could not
be done in a day. Many Of the questions
involved are delicate and difficult of So
luton. Haste, or inconsiderate action.
liz such matters would work irreparable
injury to the country. We are a great
Nation, with varied, complex and some
times conflicting interests. Under such
conditions irretrievable ruin TO some of
these interests would not be difficult of
accomplishment. Safety lies only in con-
sentative action. This is true of the
trust question. involving. as 1t does. on
the one hand the right of individual en-
terprise, cooperation and combination
of capital: and on the other, the dangers
of industrial and commercial concentra-
ton, the placing of unlimited control of
the useful and necessary commodities of
life in the hands of the few and the
consequent disregard of the rights of the
many.
A men and all parties admit the evils
of and deplore the danger and peril Incl
dent to centralized Industrial and COM
mercial authority. But to admit the ex-
prescribing an adequate remedy.
Conscious of it's duties in the premises
the Republican party has not been idle.
II Is seriously considering whether We
ought not TO choose Capitalization of gov
ernmental authority rather than to sub
nit to the abuse and perils incident to
centralized industrial and commercial
power. This means a constitutional
amendment, giving the Congress full pow
- - H. ia rhn 81. .-A