The times. [volume] (Washington [D.C.]) 1897-1901, 1900-07-13

Inc national credit. Whlch mas mus IaV
fortunately resisted every assault upon 1t,
must and will be upheld and strengthened.
If sufficient revenues are provided for the
support of the Government. there will be
no necessity for borrowing money and in
creasng the public ds bt.
The Gold Standard.
Three and one-half years of legislation
and administration have been concluded
Since these words were spoken Have those
to whom WAS confided the direction of the
Government kept their pledges? The rec
ord is made up. The people are not unfa-
miliar with what has been accomplished
The gold standard has been reafiirmed and
strengthened. The endless chain has been
broken and the drain upon our gold reserve
no longer frets us. TIL, credit of the cOun-
try has been advanced to the highest place
among all nations. We are refunding our
bonded debt bearing and 4 and per cent
interest at per cent. lower rate than
that of any other country. and already
more than $500, 600. GOO have been 50 funded
with gain to the Government of many
millions of dollars. Instead of is to ], for
which our opponents contended four years
ago, legislation has been enacted which,
while utilizing all forms of our money, Sc
cures one fixed value for every dollar and
that the best known to the civilized
world.
"a tariff which protects American labor
and industry and provides ample revenues
has been written in public law. We have
lower interest and higher wages; more
money and fewer mortgages. The worlds
markets have been opened to American
products, which go now where they have
never gone before. We have passed from
a bond-issuing to a bond paying nation:
from a nation of borrowers to a nation of
lenders; from q deficiency in the revenue
TO a surplus: from fear 10 confidence: from
enforced idleness to profitable employment.
The public faith has been held public or
der has been maintained. We have pros
perity at home and prestige abroad I'm
fortunately. the threat Of 1896 has just
been renewed by the allied parties without
abatement or modification. The gold bill
has been denounced and its repeal demand
ed The menace of 16 to therefore still
hangs over Us with ali its dire conse-
quences to credit and confidence, to busi-
ness and industry. The enemies of sound
currency are rallying their scattered
forces. The people must once more unite
and overcome the advocates of Reputation
and must not relax their energy until the
battle for public honor and honest money
shall again triumph in a Congress which
will sustain. and. II need be. strengthen
the present law and prevent financial ca
tastrophe which every lover OF the Repu5-
lie is interested to avert
Not satisfied with assaulting the cur
rency and credit of the. Government, our
political adversaries coudemn the tariff
law enacted at the extra session IN 1897,
known as the Dingley act, passed in obe-
dience to the Will OF the people expressed
at the election in the preceding November
a law which at once stimulated our indus
tries. opened the idle factories and mines,
and gave to the laborer and to the farm
er fair returns for their toll and invest
ment. Shall We go back to a tariff which
brings>defciency in our revenues and de-
struction to our Industrial enterprises?
Faithful to Its pledges in these inter.
nal affairs, how has the Government cis-
charged its international duties? Our plat
form of 1896 declared: The Hawaiian ISL
ands should be controlled by the United
States and no foreign power should be
permitted TO interfere with them
This purpose has been fully accom-
pIished by annexation. and delegates from
these beautiful islands participated in The
Convention for which you speak today.
lin The great conference of nations at
The Hague. We reaffirmed before the world
hc Monroe Doctrine and our adherence to
it. and our determination not to partici
pate in the complications Of Europe. We
have happily ended the European alliance
In Samoa. securing TO ourselves one Of the
most valuable harbors in the Pacific Ocean,
while the open door in China gives 10 us
fair and equal competition in the vast
trade OF the Orient.
The Colonial Policy.
Some things have happened shich were
not promised. nor even foreseen and our
purposes in relation 10 them must not be
left in doubt. A just war has besn waged
for humanity and with it have come new
problems and responsibilities. Spain has
been elected from the Western Hemisphere,
and our flag floats over her former terri
tory. Cuba has been liberated and our
guarantees to her people will be sacredly
executed beneficent government has
been provided for Porto Rico The Philip
mines are ours and American authority
mus. be supreme throughout the archipel-
ago. There will be amnesty broad and
liberal, but no abatement OF our rights.
no abandonment of our duty. There must
he no scuttle- policy. We will fulfill in
the Philippines the obligations imposed by
the triumphs OF our army and by The treaty
of peace; by international law; by the
nations sense OF honor and more than all
by the rights, interests and conditions of
the Philippine people themselves.
NO outside interference blocks the way
TO peace and a stable government. Tho
are here. not elsewhere.
They may postpone but they cannot de-
feat the realization Of the high purpose OF
this nation to restore order to the islands
and establish just and generous govern
ment. in which the inhabitants shall have
the largest participation for which they are
capable The organized forces which have
been misled into rebellion have been dis
persed by our faithful soldiers and sailors.
and the people OF the Islands, delivered
from anarchy. pillsse. and oppression.
recognize American sovereignty as the
symbol and pledge Of peace justice law.
religious freedom. education. the security
of life and property and the welfare and
prosperity of their several communities.
1--WE reassert the early principle CT the
Republican party sustained by unbrolen
judicial precedent, that the representa-
tives OF the people in Congress assembled
have full legislative power over territory
belonging to the United States. subject 10
the fundamental safeguards o: liberty jus-
tice, and personal rights and are vested
with ample authority to act for the high
est interests Of our nation and people en-
trusted TO its care
This doctrine. first proclaimed in the
cause of freedom. will never be used as n
weapon for oppression. | am glad TO be
assured by you that what we have done in
the Far East has the approval OF the coun-
try
The sudden and terrible crisis in China
calls for the gravest consideration and
you win not expect from re now any fur
ther expression than to say that ny best
efforts shall be given 10 the immediate
purpose of protecting the lives of our citi-
z,ns WIN arc in Dprii with tho Intimate