The Seattle Republican. [volume] (Seattle, Wash.) 1???-1915, 1900-09-14
MCKINLEY
ACCEPTS
Nomination for Presidency
rendered by Republicans.
COUNTY PROSPEROUS
During His Administration According
to Official Figures.
MANY FUSIONISTS FLOP
In Wyoming and Montana on Account of
Better Times Under NC
KinleyiSm.
COUNTY PROSPEROUS
During His Administration According
to Official Figures.
MANY FUSIONISTS FLOP

Believing the readers of The Re
publican would be much interested
IN that part Of President Mckinley
letter of acceptance which refers to
the prosperity the country has made
under his administration, it is here
with quoted in full:
"Our foreign trade shows a salts
factory and interesting growth The
amount OF our exports for the year
1900 over those OF the exceptionally
prosperous year of 1899 was about
nalf million dollars for every day
Or the year, and these sums have
gone into the homes and enterprises
Of the people There has been an
increase OF over $50,000,OO0 in the
exports of agricultural products;
SJ2, 2,692,22 in manufactures and in
the products of the mines over $1O,-
100000 Our trade balances cannot
fail to give satisfaction to the people
Of the country. In 1898 we sold
abroad $615, ,432, ,676 Of products
more than we bought abroad; in
1899, $529,874,813, and in 1900,
$544,471, ,701, making during the
three years a total balance in our fa-
yor Of 1859, ,779, ,190-nearly five
times the balance Of trade in our
favor for the whole period of 1O8
years from 1890 to June 80, 1897,
inclusive
-Four hundred and thirty-six mil
lion dollars Of gold have been added
to the gold stock Of the United
States since July l, 1896. The law
Of March IA, 1900, authorized the
rebuilding in 2 per cent. bonds Of
that part Of the public debt repre-
sented by the 3 per cents, due in
1908, the 4 per cents due in 1907
and the 5 per cents due in 1904, ag-
gregating S840,O0O,00O. More than
one-third of the sum Of these bonds
was refunded in the first three
months after the passage Of the act,
and on September l the sum had
been increased more than $33,00O,-
600, making in all 30,578,050, re-
sultlng IN net saving Of over 49,
379,520. The ordinary receipts of
the government for the fiscal year of
1900 were $79,527 900 in excess of
its expenditures.
"While our receipts, both from
customs and internal revenue, have
been greatly increased, our expendi-
lures have been decreasing. Civil
and miscellaneous expenses for the
fiscal year ending June 30, 1900,
were nearly $14,000,00O less than in
1899, while on the war account there
is a decrease of more than $95,OO0,-
600. There were required $8,0OO,-
600 less to support the navy this year
than last, and expenditures on ac-
count Of Indians were nearly two
and three-quarters million dollars
less than in 1899. The only two
items of increase in the public ex-
penses Of 1900 over 1899 are for pen
sions and interest on the public debt.
For 1899 we expended for pensions
S139, 1874, ,929 and for the fiscal year
1900 our payments on this account
amounted to $140,877,316. The net
increase Of interest on the public
debt Of 1900 over 1899 required by
the war loan was 1868, ,4O8.25. While
congress authorized the government
to make war loan Of $400,000,O00
at the beginning Of the war with
Spain, only $2OO,OOO,OOO of bonds
were issued, bearing 3 per cent. in
terest, which were promptly and
patriotically taken by our citizens.
Unless something unforeseen occurs
to reduce our revenues or increase
our expenditures, the congress at its
nexs session should reduce taxation
very materially.
''The Republican party remains
faithful to its principle of tariff
which supplies sufficient revenue for
the government and adequate pro-
lection to our enterprises and pro-
ducers; and reciprocity which opens
foreign markets to the fruits of
American labor and furnishes new
channels through which to market
the surplus Of American farms. The
time-honored principles Of protec-
ton and reciprocity were the first
pledges of Republican victory to be
written into public law.
''The present congress has given
to Alaska a territorial government
for which it had waited more than a
quarter of a century; has established
a representative government in Ha-
waii; has enacted bills for the mos
liberal treatment of the pensioner
and their widows; has revived tht
free homestead policy In its frs
financial law, it provided for the es
tablishment Of banks Of issue with
capital Of $4,000 for the benefit o.
villages and rural communities anC