The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1900-09-05


American credit at once beyond that Of any other
nation, as shown by the reiinding of the national
debt at two percentum; which heralded to the
world the faith OF the American people in their
own financial Institutions, which is in fact our
own American system, despite the effort Of Bry.
an and others to make the fact appear otherwise
and which secures to our people, now a creditor
nation, the payment 10 us OF our trade balances
in the hest currency known to the world, that
Of gold coin
A position which could and can only be main.
tanned as per the Republican party's platform to
maintain the purity of the standard This is
plain business proposition for all, and it renders
the free silver dogma untrnabe that even
Bryan and the Democratic press now devote
their time attempting to prove that silver is
no longer an issue, whereas the Kansas City
platform declared that it was.
RATIFY THE TARIFF.
We heartily ratify the tariff legislation Of con.
grcss as per the Dinglcy bill, and the policy Of
the Republican party to foster home industries
and to secure by reciprocal advantages markets
for our products in every cline To the protec.
tive policy, protecting and aiding new industries
is due the splendid industrial achievements Of
the United States now the wonder Of the world.
This was the policy of Alexander Hamilton
shifting the rock Of national resources that abun-
consistent American policy as good in the past
as well as now for all sections of the Union;
and the policy which, according to the authority
of President Gompers, of the American Fedora
ton Of Labor when reinstatcd in 1896, reduced
the army Of unemployed from over three mil
lions on Jan. l, 1893, to about 100000 in 1877.
This policy secures our own home markets and
goes out to capture the markets Of the world.
1t puts the balance of trade on the right side
lpUppr he m
docs not increase it S262, ,OOO0 900 in time OF peace.
1t employees our people ut American living wages,
making the full dinner pail reality and not
dream. Finally, with the restoration Of cont
dcnce to the American people by the return 90
that system in 1896, the foreign trade balance Of
the United States during the past four years was
greater than IN the previous one hundred and
seven years Of American history and admnstrl.
ton.
We are in accord with the administration in
its efforts to build mp American shipping trade
by means Of the subsidy bill. and we believe E
and take pride in the growth Of the protector
OF our commcrce-the navy.
We condemn the action Of the Democrats in
congress in opposing legislation tending to con-
troll trusts showing here their canine propensi
ties of "neitler eating the hay nor allowing
the OK to eat it. and we believe that the remedy
for these over capitalized forms OF industry will
come speedily and Gtfectually through the in.
strumentalty of the Republican party The sys.
TEN of trusts is not product of Republican
legislation, for they are to be found today in all
great commercial countries.
WHY THEY HAVE GROWN.
They have grown by the forces and require.
ments of business under abnormal competition
and they have been fostered and allowed to grow
unchallenged because Of the hustle of American
life and because little legislation has been taken
hitherto to regulate and control them. The
remedy against them will he provided by the
wise legislation outlined by the Republican plat.
form, which will control and regulate them,
without needlessly crppling industry or giving
setback to our industrial development, and
which will preserve and secure to all the desid.
eratum of all free goyernments--equal oppor.
tunty.
The Republican party is one Of live issues, 1t
builds its structures, not on the graves Of de.
parted "Old Ilicborys," but adjusts itself to the
new conditions ever confronting American life
and policy. 1t is proud OF the achievements
of the past. but looks with seadfast faith and
purpose to the new issues that confront and it
resolves to meet these in the past, in the
spirit OF our free institutions. 1t has had great
leaders in the past; it has great leaders now. 1t
has never consented to be the ballast Of the
ship or the balance wheel of the engine, but
with sails unfurled and flying TO the breeze, it
has gone forward the instrument and effective
weapon of progress. II goes forward now, and
its leaders are President william Mckinley ana
Governor Theodore Roosevelt.