The Providence news. (Providence [R.I.]) 1891-1906, 1900-09-17

the currency of this country must be
based upon the gold dollar worth 100
cents.
The stability Of our currency has been
greatly increased by the excellent fnan-,
cial act passed by the last Congress.
But no law can secure our finances
against the effect OF unwise and dlsas
trous management in the hands of I'M
friendly administrators. No party can
safely be entrusted with the manage
ment OF our national affairs unless IL ac-
cepts as automatic the truths recognized
i'm all progressive countries as essential
TO a sound and proper system of finance.
In their essence these must be the same
for all great civilized peoples.
Speaking OF trusts Gov. Roosevelt SAYS
No good whatever is subserved by in
discriminate denunciation of corporations
generally. and OF all forms of industrial
combination In particular: and when this
public denunciation is accompanied by
private membership i'm the great corpora
tions denounced. the effect Is. of course
TO give an air of insincerity TO the whole
movement.
Nevertheless there are real abuses. and
there is ample reason for striving TO rem
edy these abuses. A crude or ilI-consider-
ed effort to remedy them would either he
absolutely without effect or else would
simply do damage.
PARALLEL CASES.
Taking up the question of expansion the
governor says:
'The parallel between what Jefferson
did with Louisiana and what is now be-
ing done in the Philippines is exact JEFF
ferson, the author of the Declaration of
independence. and the consent of the
governed" doctrine. saw no incongruity
between this and the establishment of a
government on common sense grounds I'm
the new territory: and he rallied at
the sticklers for an impossible application
OF his principle. saying, in language which
at the present day applies. To the situa-
ton I'm the Philippines without the
change OF a word, Though it is acknowl-
edged that our new fellow-citizens are as
yet as incapable OF self-government as
children. yet some cannot bring them
selves to suspend It's principles for sin
gle moment"
lie intended that ultimately self-gov-
ernment should be introduced throughout
the territory. but only as the different
parts became fit for II. and no sooner
This Is just the policy that has been pur-
sued. In no part OF the Louisiana pur-
chase was complete self-government in
troduced for number OF years; I'm one
part OF IL, the Indian territory, IL has not
yet been introduced, although nearly a
century has elapsed.
The governor then passes In rapid re-
view the acquisition OF Florida Texas.
Alaska and the Hawaiian islands and
says:
NO IMPERIALISM.
''The simple truth Is that there is moth
ing even remotely resembling "Imper-
ialism' or Miiitarism' involved I'm the
present development OF that policy OF ex-
papsion which has been part OF the his
tory OF America from the day when she
became a nation.
"The words mean absolutely nothing az
applied 20 our present policy In the Phil
ippines. for this policy r. only imperial
istic In the sense that Jeffersons policy
I'm Louisiana was imperialistic: only mill
itary I'm the sense that Jackson's policy
toward the Seminoles or Clusters toward
the Sioux embodied militarism: and there
Is no more danger OF it's producing evil
results al home now than there was "
its interfering with freedom under Jeffer-