Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1900-06-28

are alike inscribed upon his banner Those
of us whose pleasure and whose duty have
called us from time to time into his presence
know how freely he has spent and Deen
spent in his country's service; but the same
vigorous manhood and clear and patriotic
vision animate him as of old, and give US
confidence and trust for the future OF our
republic, because his hand Will guide US ana
his genius direct.
Senator Wolcott reviewed at some
length the administration of President
Cleveland, declaring that 'No summary
of the unmerciful disasters Of those four
years can convey an idea of 1.-THE of
the ruin they wrought" Continuing to
the four years of McKinley's administra-
ton, he said:
The figures that illustrate the growing
prosperity of the four years of Republican
administration wel-nigh stagger belief.
There isn't an idle mill in the country to-
day. The mortgages on Western farms have
been paid by the tens of thousands and our
farmers are centented and prosperous. Our
exports have reached enormous figures; for
the last twelve months our exports of mer-
chandise will exceed our imports by $780,
,000 Our manufactured articles are find
ing a market all over the world and In con-
stantly increasing volume. We are rapidly
taking out place as one of the great credit
nations of the world.
Talks About Trusts.
The legislation of the last four years
was reviewed, the annexation OF Hawaii,
etc. Touching upon trusts, Senator VOL
colt said:
Whenever a Republican administration Is
in power there is constant talk of trusts.
The reason isn't far to seek. Aggregations
and combinations of capital find their only
encouragement in prosperous days and wild
ening commerce. Democratic administration
in this country has universally meant indus
trial stagnation and commercial depression,
when capital seeks a hiding place instead
of Investment. The Republican party has
always maintained that any combination
having for its purpose the cornering Of a
market or the raising or controlling Of the
price of the accessories of life was unlawful
and should be punished, and commission
appointed by the President under act of Con-
gress has made careful investigation and
will soon present full report of the best
method of dealing with this intricate ques-
ton. We shall meet 1t In some efficient way,
and, as a party, shall have the courage to
protect every class Of our citizens.
The campaign four years ago was fought
on the currency question. The populistic
democracy insisted that the United States
alone should embark on the free coinage of
silver at the ratio Of 16 to /, without wait
ing the concurrence of any other nation.
The Republican party insisted that the ques-
ton of bimetallism was international, and
that until it should be settled under agree
ment with the leading commercial nations
standard Of value in these United States.
Upon that issue we triumphed. In accord
ance with the pledge of the party an honest
effort was made to reach some international
solution of the question. The effort failed
OF accomplishment. Meanwhile we follow
the path of safety. AS we grow year by
year more firmly established creditor
nation the question concerns US less and
other countries more. No impairment of ma
tionai credit can be contemplated by an hon
orable nation. We have made advances
enough: this country can better afford than
any other to enter upon the contest for com
mercial supremacy with gold as its standard
and for us the time has come TO give fair no.
tice to the world that we, too make gold our
standard and redeem our obligations In that
metal For twelve years the platforms OF
the party have declared In favor of the use
OF gold and silver as money. The logic of
recent events. together with the attempt of
the Democracy to drag down the question
from its international character, to associate
1t with every vagary of populism and so
cialism and to drive this country to an
alliance with Mexico and China as an ex-
clusivelys silver-using country, has impelled
our people to this settlement of this problem
and the recent action of Congress has elm
mated the danger which its further agita
ton menaced.
There is more to follow this summary OF
Republican Congress and approved by Re
publican President Before the expiration
Of Mr. McKinley's first term we shall have
passed Law relieving certain articles from
portion ct least Of the burdens they now