Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1900-06-20

duced than to coin silver at the ratio
OF 16 to I. The republican party, de-
nouncing this plan as sure TO pro
duce conditions even worse than these
| from which relief was sought, promised
to restore prosperity by means OF
| two legislative measures, protective
tariff and law making gold the stand
ards Of value. The people by great
majorities, issued to the republican
party commission to enact these
| laws. This commission has been exc
cuted and republican promises redeem
ed. Prosperity, more general and
more abundant than we have ever
| known has followed these enactments.
There is no longer any controversy as
to the value Of any government obli-
cations. Every American dollar is a
gold dollar, or its assured equivalent,
and American credit stands higher
than that OF any nation. Capital is
| fully employed, everywhere labor is
profltably occupied. No single fact
can more strikingly tell the story Of
what republican government means to
the country than this-that while dur
ing the whole period of ninety
seven years, from 1901 to 1897 there
was an excess of exports over imports
of only $3.50, ,02S, ,497, there has been in
the short three years of the present
republican administration an excess of
exports over imports in the enormous
sum of 81, ,483, ,738,094, and while the
American people, sustained by this
republican legislation, have been
achieving these splendid triumphs in
their commence, they have conducted
and in victory concluded a war for
liberty and, human rights, though ma
tional aggrandizement tarnished the
high purpose for which the American
standards were unfurled. 1t was war
unsought and patiently resisted, but
when it came the American govern
ment was ready. It's fleets were cheer
ed for action. Its armies were in the
field, and the quick and signal triumph
ofits forces on land and sea bore equal
tribute to the courage of American
soldiers and sailors, and to the skill
and foresight of republican statesman
ship. To ten millions of the human
race there was given a new birth of
freedom" and to the American people
new and noble responsibility"
We endorse the administration of
William Mckinley. Its acts have
been established in wisdom and in
militarism and at home and abroad
1t has distinctly elevated and extend
ell the influence of the American ma
tion. Walking untried paths and fac
ing unforeseen responsibilities Presi-
dent Mckinley has been in every sit
uation true American patriot and an
upright statesman, clear in vision,
strong in judgment, firm in action, al
ways inspiring and deserving of the
confidence Of his countrymen. In ask
ing the American people to endorse
this republican record and to renew.
their commission to the republican
party we remind them of the fact that
a menace to their prosperity has al
ways resided in democratic principles
and no less In the general incapacity
Of the democratic party to conduct
public affairs. The prime essential
Of business prosperity is the public
confidence in the good sense of the
government and its ability to deal in
tclIigently with all the new problems
Of administration and legislation. That
confidence the democratic party has
never esrned. 1t is hopeiessly made
quate and the reountry's prosperity
when democratic success at the polls
| Is announced, halts and ceases in mere
anticipation Of democratic blunders
| and failures
We renew our allegiance to the prin-
ciple OF the gold standard. and declare
our confidence in the wisdom of the
| legislation of the fifty-flfth congress
by which the parity of all our money
and the stability of our currency on
a gold basis have been secured. We
recognize that. interest rates are po-
tent factors in production and business
activity and for the purpose of further
| eQuali2ing and further lowering the
rates of Interest, we favor such none
tang legislation as will enable the
varying needs Of the season and all
sections to be properly met in order
i that trade may be evenly sustained
labor steadily employed and commerce
enlarged. The volume of money in
circulation was never so great per
capita as today. We declare our
steadfast opposition to free and unlim
/ tied coinage of silver. No measure
to that end could be considered whicS
was without the support of the lead
ing commercial countries of the world
However firmly republican legislation
may seem to have secured the country
against the peril of base and dis
credited currency, the election of {
i democratic president could not fai
to impair the country's credit and tt
bring once more into question the
intention of the American people tt
maintain upon the gold standard the
! parity of their money of circulation
The democratic party must be con-
vinced that the American people will
never tolerate the Chicago platform
II We recognize the necessity and pro
priety of the honest cooperation o
: capital to meet new business condi-
: tions, and especially to extend ou
} rapidly increasing foreign trade, bu
: we condemn all conspiracies and com
} binations intended to restrict business
to create monopolies, to limit produc
, tion, or to control prices and favo
; such legislation as will effectually re
7 strain and prevent all slkch abuses
! protect and promote competition, ans
secure their rights to producers, lab
} orers and all who are engaged in in
J dustry and commerce.
: We. renew our faith in the policy 0
1 protection to the American labor. Il
t that policy our industries have bee
established, diversified and maintain
: ed. BY protecting home market
+ competition has been stimulated an
production cheapened.
Il Opportunities for the inventive ger
ius Of our people have been secure
}. and wages in every department Q
labor maintained at high rates. highe
now than ever before, always distir
+ gushing our working people in thei
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