The Republican. [volume] (Oakland, Md.) 1877-current, 1900-10-18
McKinIey's Achievements.


The Treasury Bureau of Statistics
has just issued bulletin showing the
imports of manufacturers materials
and the exports of manufactured
goods for the eight months ending
August l. By this report it is shown
that during that period American
manufacturers imported for use in
their factories raw materials to the
value of $200,000,0O0, as against about
$10O,000,0O0 during the same period
in 1896. As for the exports of the
manufactured goods, the product of
American industry and genius, they
amounted to more than 1904, 900, 900.
During the same period in 1896 we
made and sold abroad but $163, 000,-
900 of manufactured goods. This
simple statement shows that the bal
ance of trade in our favor on single
class has increased from $63,000,0OO
in the first eight months of 1896, to
more than $200,00O,0OO in the first
eight months of 1900. This is but one
of the achievements of President Nc
Kinley's administration.
Among other things accomplished
since the nation has been under the
direction of President Mckinley are
the following, as summarized by the
Washington Post:
We have passed from the state of
national debtor to that of a creditor
nation. Instead of borrowing from
Europe, we lend Europe. We have
funded debt of $685., 000,0 900, bearing
and Al per cent. interest, into bonds
bearing per cent.-a less rate than
was ever before realized by any coun-
try in time of war-and our new bonds
now command premium of 4 per
cent, being quoted higher in proper
ton than the securities of any Euro
pean government. We have collect
ed without friction, without difficulty
and without the scandal of single
defalcation the largest revenue in our
history. During the year ended June
30, 1900, our internal revenue amount
ed to 1895, 313, 107.57, and the proceeds
vi Jul III Oh LupOllS w
1871 1927, 744.32, making a grand total
of 1867, 240, S51, S9. We have created
since March IA this year 1898 new ma
tional banks. These banks have
been established throughout the
country-small banks, with capitals
of $4,000 and $4,000, distributed
among the agricultural districts, and
they give not only facility, but pro-
lection. They are, in fact, the SYM
bols of our tremendous progress and
development. They tell tale which,
in the estimation of serious men, ac-
cuses and forever silences the silly rig
marole of the cheap and shallow ex-
horters from the stump. From March,
1898, to March, 1897, there were 1853
national bank failures. From March,
1897, to March, 1900, there were "a
failures. He who cannot read Alright
the meaning of those facts and figures
is beyond the reach of common sense
and reason.
The facts and figures as given above
mean but one thing. They tell with
unanswerable logic that the affairs of
this government have been well man.
aged by President Mckinley; that
those things have been done which
are most certain to promote the peace,
happiness and welfare of the general
public. The record is one which is
commended by every citizen who is
compelled to hustle for living, and
if men of that class know when they
are well off they will carry their COM
mendation to the ballot-box. The
record as it has been given means
that President Mckinley should be
reelected with minimum of dis
senting votes. His achievements in
commerce, finance and general trade,
the profits of which have gone into
the pockets of the people, entitle him
to continuance in office.