The times. [volume] (Washington [D.C.]) 1897-1901, 1901-03-05


our confidence in the wisdom of the leg
| islation of the Fifty-sixth Congress by
which the parity of all our money and
| the stability of our currency upon a gold
basis has been secured. We recognize
that interest rates are "a potent factor
| in production and business activity. and
| for the purpose of further equalizinS and
of further lowering the rates of interest,
: we favor such monetary legislation as
Will enable the varying needs OF the sea
| son and of all sections to be promptly
met in order that trade may be evenly
| sustained, labor steadily employed. and
commerce enlarged. The volume of money
| in circulation was never so great per
capita as IL is today.
FREE COINAGE OF SILVER
We declare our steadfast opposition to
the free and unlimited coinage of silver.
No measure to that end could be consid-
cred which was without the support of
the leading commercial countries of the
world However firmly Republican legis-
lation may seem to have secured the
country against the peril of base and dis
credited currency, the election of Demo-
cratic President could not fail to impair
the country's credit and to bring once
more into question the intention of the
American people to maintain upon the
gold standard the parity OF their money
circulation. The Democratic party must
be convinced that the American people
will never tolerate the Chicago platform.
TRUSTS
We recognize the necessity and proprie-
ty of the honest operation of capital to
meet new business conditions, and espe-
cially to extend our rapidly increasing for
eign trade, but we condemn all conspira-
cies and combinations Intended to restrict
business, to create monopolies, to limit
production, or to control prices, and favor
such legislation as viii effectively restrain
and prevent all such abuses. protect and
of producers, laborers. and all who are en-
gagged in industry andscommerce
PROTECTION.
We renew our faith in the policy of pro-
lection to American labor. In that policy
our Industries have been established, di-
versifed. and maintained. By protecting
the home market connection has been
stimulated and production cheapened. OPP
portunlty to the inventive genius of our
people has been secured and wages in
every department OF labor maintained al
high rates, higher nov than ever before,
and always distinguishing our working
people in their better condition of life from
those of any competing country. Enjoying
the blessings of the American common
school, secure in the right of self-govern.
ment, and protected in the occupancy OF
their own markets. their constantly in
creasing knowledge and skill have enabled
them finally to enter the markets of the
world. We favor the associated policy OF
IeCiprOcliN. so directed as 10 open our
markets on favorable terms for what we
do not ourselves produce in return for free
foreign markets.
LABOR.
In the further interest of American
workmen, we favor more effective re-
strictiun on the immigration of cheap la
Dor from foreign lands the extension OF
opportunities of education for working
children, the raising If the age limit for
child labor. the protection of free labor as
against contract convict labor, and an eff
fecuve system of labor insurance.
SHIPS.
Our present dependence upon foreign
shipping for nine-teRths of our foreign
carrying is a great los to the industry of
this country 1t is also a serious danger
to our trade, for it's s oder withdrawal in
the event of EurOpeal war would serious
iy cripple our expanding foreign COM
merce. The national defence and naval
efficiency of this country moreover, sup
ply compelling reason for legislation
which will enable US to recover our former
place among the trade-carrying fleets of
the wold.
THE CIVIL SERVICE.
We commend the policy OF the Repub
iican party in the efficiency of the civil
service. The Administration has acted
wisely in its efforts 10 secure for public
service in Cuba Porto Rico, Hawaii. and
the Philippine Islands only those whose
htness has been determined by training
and experience. We believe that employ
ment in the public service in these terri
tories should be confined as far as practi-
cable to their Inhabitants
DINGLEY ACT AND REVENUES.
The Dingley act. amended to provide
suffcieAt revenue for the conduct of the
war has SO well performed its work that