, 1901-09-18
WEDNESDAY, SEPTEMBER Is, 1901
PROPOSED MODIFICATION.

may DS greatly eNleIlueu ny "lSN re
ciprocal agreements between this ma
ton and other nations of the earth.
President Mckinley. i'll his speech at
Buffalo. the day before his Cowardly
assassination, outlined what he con
sidered the proper policy for this ma
ton to pursue and it will be religious
MI. Mckinley said:
Trade statistics indicate that this
country is in a state of uneXampled
prosperity. The figures are almost
appalling. They show that we are
utilizing our fields and forests and
mines and that we are furnishing
profitable employment to the millions
of w~orkingmen throughout the United
States. bringing comfort and happi-
ness to their homes and making it pos
sible to lay by savings for old age and
disability. That all the people are
participating in this great pros
perity is seen in every American COM
munity and shown by the enormous
and unprecedented deposits in our
savings banks. Our duty is the care
and security of these deposits, aud
their safe investment demands the
highest integrity and the best bust
ness capacity of those in charge of
these repositories of the peoples
earnings.
I'VE have a vast and intricate bust
ness built up through years of toll
and struggle. in which every part of
the country has its stake. which will
not permit of neglect or of undue sell
fishness. No narrow, sordid policy
will subserve it. The greatest skill and
wisdom on the part of the mapufac-
turers and producers will be required
to hold and increase it. Our industrial
s~sDteyprises. which have grown to such
neutrality-suspicious.. affect the homes
and occup..AGap Of the people and the
welfare of the country. Our capacity
to produce has developed so enor-
mously and our products have so null
tiplied that the problem of more mar
ate attention. Only a broad and en-
lightened policy will keep what we
have. No other policy will get more.
In these times of marvellous business
energy and gain we ought to be look
ing to the future. strengthening the
weak places in our industrial and
commercial systems, hat we may be
ready for any storm or strain.
by sensible trade arrangements
which will not interrupt our home pro
duction we shall extend the outlets
for our increasing surplus. A system
which provides a mutual exchange of
commodities, a mutual exchange Is
manifestly essential to the continued
healthful growth of our export trade.
We must not repose in fancied securi-
ty that we car forever sell everything
and buy little or nothing. If such a
thing were possible, it would not be
best for us, or for those with whom
we deal. We should take from III
customers such of their products as
We can use without harm to our indus
tries and labor. Reciprocity is the
natural outgrowth of our wonderful
industrial development under the do
nestle policy now firmly established.
What We produce beyond our do
nestle consumption must have a vent
abroad. The excess must be relieved
through a foreign outlet. and we
should sell everywhere we can and buy
wherever the buying will enlarge our
sales and production. and thereby
make a greater demand for home Ia
Dor.
The period of exclusiveness is past.
The expansion of our trade and com
merce is the pressing problem. Com
mercial wars are Improbable. A pol
icy of good will and friendly trade re-
lations will prevent reprisals. Reel
procity treaties are in harmony with
the spirit of the times; measures of
relation are not.
'If, perchance, some of our tariffs
are no longer needed for revenue, or
to encourage and protect our indus
tries at home, why should they not
be employed to extend and promote
our markets abroad? Then. too. we
have inadequate steamship service.
New lines Of steamers have already
been put in commission between Pa
cifc oas ports and those Oh the
western coasts of Mexico and Central
and South America. These should be
followed up with direct steamship
lines between the eastern coast of the
United States and South American
ports. One of the needs of the times
is direct commercial lines from our
vast fields of product to the fields of
consumption that we have but bare
ly touched.
Next In advantage to having the
thing to sell is to have the convenience
to carry 1t to the buyer. We must
encourage our merchant marine. We