The sun., 1901-12-04

supervision should be exercised over the
eteaunship companies which, mainly bring
over the immigrants. and they should be
held to q strict accountability for any tn
fraction Of the law.
rAsrYr LAWS SHOULD BE UNCHANGED.
There II general acquiesoenoc In our
present tariff system a. . national policy.
The first requisite 70 our prosperity Is tho
continuity snd stability OF this economic
policy. Nothing could be more unwise
than to disturb the business interests OF the
SGHs" ti%e. Doubt, SS f apprehension, uncertainty
are exactly what we most wish TO avoid In
the interest Of our commercial and material
wel-being. Our experience In tho past has
shown that sweeping revisions OF the tarin
are apt to produce conditions closely ap-
preaching panic In the business world.
Yet II Is not only possible. but eminently
desirable, 10 combine with the stability OF
our economic system supplementary
system Of reciprocal benefit and obligation
incideni and result Of the nrm establish.
ment and preservation OF our present
economic policy. II was specially pro-
vided for In the present tariff law.
Reciprocity must be treated as the hand
see that the protection granted BY the
tariff In every case where II Ii needed 10
maintained, and that reciprocity be sought
for 40 far as II oan safely be done without
injury to our home Industries; just si, how
the individual case, remembering always
that every application OF our tariff policy
10 meet our shifting national needs must be
conditioned upon the cardinal fact that the
duties must never be reduced below the
point hat will cover the difference between
the labor cost here and abroad The we'll
being OF the wage-worker IL a prime con-
sideration Of our entire policy OF economic
legislation.
Subject TO this proviso Of the proper pro-
lection necessary to our industrial well beng
command our hearty support. The phe-
nonenal growth Of our export trade en-
phaizes the urgency of che need for wider
markets ard for a liberal policy In deal
ing with foreign nations. nations; Whatever Is
Of trado restrictions should he avoided
The customers TO whom we dispose Of our
surplus products in the long run, directly
or indirectly, purchase those surplus
products by giving us something In return
should az far as possible be secured by
no arranging our tarir as 20 enable us 10
take from them those products which we
can use without harm 70 our own industries
and labor, or the use OF which will be- OF
marked benefit 10 us.
II II most important that We should
maintain the high level OF orr present
prosperity, We have nov. reached the
point In the development ~ our interests
where we are not only able to supply our
own markets but to produce a constantly
growing surplus for which we must find
markets abroad To SECURE these narkets
we can utilize existing duties IN any case
where they ars no longer needed for the
the article is not produced here and the
duty is no longer necessary Tor revenue
as giving us something To Offer In exchange
for what we ask The cordial relations
with other nations which are 90 desirable
will will naturally be promote, IS,I5y by the course
The natural line Of development for
= pelicy Of reciprocity viii be In connection
with those Of our productions which no
longer require all of the support once needed
to establish them upon a sound basis, and
with those others where eifher because
Of natural or economic causes We are beyond
the reach Of successful competition.
I ask the attention ~ the Senate 10 the
reciprocity treaties laid before IL by my
predecessor.
MERCHANT MARINE SHOULD BE REsToREp
TO THE OCEAN,
The condition Of the American merchant
marine is such as 10 call for immediate
remedial action by the Congress. II Is
discreditable TO us as a nation that our rner.
chant marine should be utterly insi gnificant
in comparison 10 that of other nations which
we overtop In other forms OF business
We should not longer submit 10 conditions
under which only trif'ing portion OF our
great commerce is carried IN our own shirs
To remedy this state Of things would not
merely serve 10 build UP our shipping in
,ereSis. hut il would also result IN beneht
20 all who arc Interested in the permanent
establishment ~ wider market for Amer
ican prod,Icts and would provide an auxiliary
forca for the navy. ships work for their
own countries. just as railroads work Tor
their terminal points shipping lines, "
established to the principal countries with
which We have dealings, would be ~ poiitl-
cal as well as commerclaI benent. FROM
every standpoint II is unwise for the United
States TO continue 10 rely upon the ships
81 competing nations for the distribution
Of our goods II should he made advan-
tageous 20 carry American goods In
American built ships
At present American shipping IL under
certain great disadvantases when put IN
competition with the shipping 81 foreign
countries Many Of the fat foreign steam
ships al a speed Of fourteen knots or above
are subsidized, and all our ships, sailing ves.
sells and steamers alike, cargo carriers oi
slow speed and mail carriers of high speed,
have to meet the fact that the original cost
Of building American ships is srUater u1n
H. the case abroad. that the wages paid
American officers and seafnen are very
much higher than those paid the oNcers ana
-oaineu - foreign competing countfier' ana
that the standard - living on our ship. 10
the slips of our commercial rivals
Our Government should AXE suCl action
A. will remedy tliese inequalities Tie Amer.
iran merchant marine should De restored
"a the ODeau
ruF Ooip STANDARD
The at - March 10 lgs. Intended an.
.quitocaily 90 establish gold A. tho standard
mnusy and 90 maintain az party there
With all fpIWs = nancy medium IN ~ sith
u. hAs i-'rr shown T." H. timely aud Judi-
,l.ur lI' Df.Hr - uur buNEfumru lutds
~ ti.. World, Tiafkri hrn COMPARED vim
tie pfiis. q slul.ar ulltEatlun- Issued ~
ufi.f nAilHus b. q haitsrlug tributo 20 our
lhI.. credit tit- o1ndittun L. SNt-
drrtIy d,rlfatir tu ulaiuialI
o. maiib It~lsf1s 'iH Nal luflAi iiankhs
iaa furnishes suHi ssfi iiisfiy foI 10
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dfsi,s o. ufuHs1 Uaff sisiuld l. iatffl
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To- a. f.rrI. 800 = dffIUlf t.f aftaf