Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1900-07-13

Is an expression of regard and a pledge
VI continued confidence for which it is
uiincult to make adequate acknowl-
edgement.
II anything exceeds the honor of the
oflce of President of the United States
IS the responsibility which attaches
TO 1t. Having been invested with both
90 not under-appreciate either. ANY
ohe VINO has borne the anxieties and
ouruens of the Presidential office, es-
pecialy In time of national trial, can
iio' contemplate assuming it second
'ifme without profoundly realizing the
severe exactions and the solemn obli-
sations which it imposes, and this
leeilng Is accumulated by the momen-
tous problems which now press for set
tiement. If my countrymen shall con-
nrm the action of the convention at our
national election in November,
shail, craving Divine guidance. under
take the exalted trust to administer it
Tor the interest and honor of the cOun-
try and the well-being of the new pie
pie who have become the objects of
our care. The declaration of principles
adopted by the convention has my
hearty approval. At some future date l
will by letter communicate to our
chairman a more formal acceptance of
the nomination. On a like occasion,
four years ago. said:
THE party that supplied by legisla-
ton the vast revenues for the conduct
of our greatest war, that promptly re-
stored the credit of the country at it's
close: that from its abundant revenues
paid off large share of the debt in
CURED by this war. and that resumed
specie payments and placed our paper
currency upon a sound and enduring
basis. can safely be trusted to preserve
both our credit and currency, with
honor. stability and inviolability. The
American people hold the financial
honor of our government as sacred as
out flag and can be relied upon to
guard it with the same sleepless vigi-
lance. They hold it's preservation
above party feality. and have often
demonstrated that party ties avail
nothing when the spotless credit of our
country is threatened.
THE dollar paid to the farmer, the
wage Garner and the pensioner must
continue forever equal in purchasing
and debt-paying power to the dollar
paid To any government creditor
our industrial supremacy. our pro-
ductive capacity. our business and
commercial prosperity. our labor and
its rewards. our national credit and
currency. our proud financial honor,
and our splendid free citizenship. the
birthright of every American. are all
involved in the pending campaign and
la
and intimately connected with their
proper settlement. Our domestic trade
must be won back and our idle work
ing people employed in gaining occu-
pations at American wages. Our home
market must be restored to it's proud
rank of first in the world. and our for
eign trade 50 perceptibly cut off by
adverse national legislation. re-opened
on fair and equitable terms for our
surplus agricultural and manufactured
products.
Public confidence must be resum-
ed and the skill. energy and the CAPT
tai of our country find ample employ
ment at home The government of the
United States must raise money
enough to meet both its current eX-
penses and increasing needs. Its reve-
nues should be so raised as to protect
the material interests OF our people,
with the highest possible drain upon
their resources and maintaining the
high standard of civilization which has
distinguished our country for more
than century of its existence. The
national credit which has thus far for
tunately resisted every assault upon
it. 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 increasing
the public debt
Three and one-half years of legisla-
ton and administration have been con-
cluded since these words We're spoken.
Have those to whom We're confided the
direction of the government kept their
pledges? The record is made up. The
people are not unfamiliar 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. The
credit of the country has been advanc-
ed to the highest place among all ma
tons. We are refunding our bonded
debt bearing 3 and and per cent.
interest at per cent. lower rate
than that of any other country, and
already more than 5000. 900 have
been funded with gain to the govern
ment of many millions of dollars. In
stead of 16 to 1 for which our oppon-
ents contended, four years ago, legis-
lation 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 civil
lied world.
The tariff which protects American
labor and industry and provides ample
revenues has been written in public
laws. 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
bond-issuing to a bond-paying nation;
from a nation of borrowers to a ma
ton of lenders: from a deficiency in
revenue to a surplus: from fear to con-
fidence; from enforced idleness to
profitable employment. The public
faith has been upheld public order
has been maintained. We have pros
perity at home and prestige abroad.