The daily morning journal and courier., 1901-12-04

every applica ton of our tariff poli6
 meet our shifting national neod1
 be conditioned upon the cardinG1&
 that the duties must never be ralI below the point that will cover thx,
 terence between the labor cost shAr&
 abroad. The welibe:ng of th0 M
 worker is a prime consideration of l entire policy of economic legisiati6f
 Subject to thls proviso of tho pr'
 protection necessary to our in6uaI
 well-being at home. the principle ~ | ciprocity must command our o
 support. The phenomenal gr0W11I
 our export trade emphRsixe0 thu gency of the need for wider uiaT|
 and for a liberal policy in dealinE3y foreign nations. Whatever is FIT petty and vexatious in the way o6 t restrictions should be avoided E] customers to whom we diapoee of surplus products in the long run d
 ly or indirectly, purchase those G}i products by giving us sonethin9 IF
 turn. Their ability to purch&d W
 products should as far as possibIS N
 cured by so arranging our tarif r
 enable us to take from them tliX T
 ducts which we can use withotiE ll'
 to our own industries and labor tjY
 use of which will be of marked 64t
 to us. saa5
 It is most important that we g(i6
 maintain the high level of our pi8
 prosperity. We have now reached
 point in the development of our N
 ests where we are not only to Gji our own markets but to produce S
 stantly growing surplus for whiC)lA must find markets abroad. To
 these markets we can utilize e1
 duties in any case where they, ~ " longer needed for the purpose of pEtI tion, or in any case where the &rff not produced here and the duf
 longer necessary for revenue, III
 us something to offer in exchaH
 what we ask. The cordial r&
 with other nations which are aQSx able will naturally be promotedF 6 course thus required by our own I/ ests.
 The national policy of velopment for a policy oE procity will be in connecti69 those of our productions which n05 CT require all of the support on08 ed to establish them upon e0tlfd} and with those others where eithS cause of natural or of econonid we are beyond the reach of stfcE competition. ss \.
 I ask the attention of the s&f the reciprocity treaties laid betQS
 The Merchant Martini. s Ss 5l my predecessor.
 The condition of the Americ&ij chant marine is such as to can mediate remedial action by <El # gress. It is discreditable to usa tion that our merchant maftYxe be utterly insignificant in comr1 that of other nations which WI in other forms of business. no longer submit to conditfonS which only trif1ing portion 04 great commerce is carried ila5SAssaa own ships. To remedy this stTff things would not merely serve t3 g up our shipping interests, but also result in benefit to all who terested in the permanent eBtaH3 of wider market for Americ # ducts, and would provide an ai force for the Navy. Ships Wy3 their own countries just as 4 I| work for their terminal point6 ping lines if established to th8 pal countries with which we hGVx ngs. would be of political as benefit. From every n point it is unwise for the United to continue to rely upon the slitI 4 nations for the diStri6l) of our goods. It should be nadG to carry American ge61 E built ships.
 At present American shippitlk l1S Ter certain great disadvantaf463 3 put in competition with the shipH1 oreign countries. Many of the 2A&k ign steamships, at speed of f00HI | 1nots or above, are subsidized; ait t{ ,ur ships, sailing vessels and stS6iI like, cargo carriers of slow speed TT nail carriers of high speed, hG M meet the fact that the original c0 r ~ American ships is great6t 8 the case abroad; that the waU American officers and seamen aT& much higher than those paid then md seamen of foreign competin ries; and that the standard lo& n our ships is far superior to tli&1S rd of living on the ships of oJi4 nercia rivals. K
 Our Government should take I'll s will remedy these inequalitie4 estored to the ocean.
 The Act of March IA, 1900, iftS to esta blish gold d6 tandard money and to maintAiIyS t arity herewith all forms of < m 1edium in use with us, has been ahi1 0 be timely and judicious. Tho f our Government bonds in the 61 1arket, when compared with tA6a f similar obligations issued byxd ations, is a fiattering tribute k4 ublic credit. This condition 1t IT ently desirable to maintain. S;d K In many respects the National Ell lg Law furnishes sufficient libeFtS he proper exercise of the bAnlf lnction; but there seems to be ne&l M etter safeguards against the def41 lg influence of commercial crises nancial panics. Moreover,t the clrF@5I6' f the country should be made re6 I've to the demands of our donz1 ,ade and commerce. t The collections from duties on