Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1900-09-14
on N. public debt. In 1899 We expended


amounted to si4O, ,316. The net increase
OF interest on the public debt of 1900 over
1899. required by the war loan was szos.-
408. .25. While congress authorized the gov
ernment to make a war loan of 100000
600 at the beginnnng S n Of hmds the war Sers wi.h
sued, bearing three per cent. interest,
which were promptly and patrioticaily
taken by our citizens. - ..
Unless something unforeseen occurs TO
reduce our revenues or increase our ex-
penditures the congress at Its next ses-
sion should reduce taxation very mate
rally. ,,, -
Five years ago we were selling govern
ment bonds bearing as high as ilVe per
cent. interest. Now we & are r,r TedSem,mg tSa ney
cent interest We are selling our sur
plus products and lending our surplus
money to Europe. One result OF our sell
ing to other nations so much more than
we have bought from them during the
past three years. Is radical I'm Ihlproee aroet
amount of capital which has been Dor
rowed of Europe for our rapid mate
rial development have ra remalne19 o. ,oter- So.
est and dividend and made our money
markets liable to constant disturbances
by calls for payment or heavy safes OF
! our securities whenever money stringen-
| cies or panic occurred abroad. we nave
| now been paying these debts anu 5 pIiiis ~
| ing home many of our securities anu es
| tablishing countervailing credits ABROAD
| by our loans and placing ourselves upon
| a sure foundation of financial indepeho-
| ence.
Regarding the BOer WAR
Tn the unfortunate contest between
| Great Britain and the Boer states OF
South Africa, the United States has main
cordance with its well-known traditional
| policy. It did not hesitate, however,
when requested by the governments ,oa oa
the South African republics. to exercise
its good offices for a cessation of hostil-
| tiles 1t Is to be observed that whlle tne
South African republics MAGE fa,1fted iis States
was the only one which complied The
British government declined TO accept
| the Intervention of any power.
Ninety-one per cent. OF our exports, and
imports are now carried Jy foreign SHIPS
For ocean transportation we pay annual mn aac
ly to foreign ship owners over Sloo ooO,voo
we ought to own the ships for our car.
| rying trade with the world. and we ough,
to build them in American ship yards an, anu
own citizens should receive the transpor'
tation charges now paid to foreigners
The Canal Question.
subject of immediate Importance e
: our country is the completion OF a grea
waterway of commerce between the At
: lantic and acific. The construction OF
maritime canal is now more than eve
. | indispensable to that intimate and readl
| communication between our eastern ant
! western seaports demanded by the annex
3 alton OF the Hawaiian ISLANDS and IN
2 | expansion of our influence and trade II
5 our national policy more imperativel'
|
control by this government; and II J
believed that the next session of congress
/ after receiving the full report OF onn tne com
i March g. 1899. will make provision for q, IN
o sure accomplishment of this great worl
u Capital and Labor.
I Combinations of capital which contrt
e the market in commodities necessary I
e the general use of the people, by SUI
( pressing natural and ordinary compet
: ton, thus enhancing prices TO the ger
r. mon law and the public welfare. The
i are dangerous conspiracies against tI
e public good and should be made the SUI
II 1ect OF prohibitory or penal Legislation
? Publicity will be a helpful influence
i check this evil. Uniformity of legislato
= in the several states should be secures
d DISCRIMINATION between what is injuriot
ie and what is useful and necessary IN ous
d ness operations is, essential TO the WI
d and effective treatment of this subJec
ID Honest cooperation of capital Is necessai
I to meet new business conditions ana e;
tend our rapidly increasing toreign trad
but consoiracies and combinations u
tended TO restrict business, create m
10 nopolies and control prices should
n | effectively restrained.
" The best service which can be render'
ir TO labor Is to AFFORD 1t an opportunity 4
II steady and remunerative employment az
to ! give IL every encouragement for advanc
r | ment The policy which subserVes this ci
to Is the true American policy The pa
s. | three years have been more satisfactory
IN | American workingmen than many prece
OF ing years. Any change of the present !
c dustrial or financial policy OF the cover
ment would be disastrous to their hight
D. interests. With prosperity at home a
en- an increasing foreign market for Anne
he lean products employment should co
yo tinue 10 wait upon labor, and with I
n present gold standard the workingman
ic secured against payments for his labor
mt n deprecated currency. For LABOR, sht
Nv day is better than a short dollar; one "
M tighten the burdens; the other lessen I
in rewards OF toll inc one %i ,b nfSer S, e,
he ury and want The wages of labor shol
ls- be adequate to keep the home in comic
'th educate the children and, with thrift a
m economy lay something up for the da
ed of intirmity and old age.
in Practical civil service reform mas
se- ways had the support and encouragem,
of the republican party. The future OF
merit system is safe in it's hands.
IS Ine made e the BASS ofr appointments ar G n to of
,,,r in our new territory.
las The Army and Navy.
! SE The American people are profoun
@ ',So | grateful to the soldiers, sailors and
Fines who have in every Sd time I'd Of desnn s9nt
VA its honor. The survivors and the "
al, ows and orphans of those who have fal
@ @lui are Justly entitled to receive the gener
ave and considerate care of the nation.
SO SO Referring to what has been accomplis
nv. in Cuba, the president says, says long
seimi s,,m sacred guarantees to the people Of the
nr III. land.
rely ments incident to a change of national c
ent. ditions, Porto Rico is rapidly showing
tos tos good effects of her new relations to
'.eu '. nation.
this The Philippine Question.
are The power of the government has b
,rk- used for the liberty. the peace ana
ave prosperity of the Philippine people.
force has been employed only against II
which stood in the way of the realiza
of these ends.
.ory After reciting the events of imports
OF leading up to the present situation
lose show what has been done and is b
of done to bring the benefits OF liberty
for good government to these wards OF
ums nation" the letter continues:
ter Every effort has been directed to
an peace and prosperity. their advancer
orts and well-belng not for our aggrant
in ment nor for pride of might, not for I
the or commerce, not for exploitation, bu
noes humanity and civilization; and for
the protection of the vast majority OF
sold population who welcome our soverei
than against the designing minority whose
and demand after the surrender of Manil
hree the Spanish army was to enter the
r of that they might loot II and destroy
ance not in sympathy with their selfish
sriod treacherous designs.