The tribune. (Rich Hill, Mo.) 1900-1902, 1901-10-03
News Notes From the Capital


Reciprocity was the keynote OF
the last public utteranee Of VIM.
Mckinley. Reciprocity is the top
ie thar has already engaged the
earnest attention Of Pres. Roose-
Welt and his cabinet. Modification
Of the tariff along conservative
lines is admittedly the great and
growing economic. question tor
both congress and the dominant
party it represents, The late chief
magistrate demonstrated in his
farewell remarks al Buffalo that he
had devoted long study and deep
thought 10 the outlines of a policy
that. at first blush, seems repug-
nant to Republican doctrine. But
a careful consideration of the mat
ter will disclose that modification
of duties is the logical outcome Of
a tariff Tor the protection OF infant
industry That Mr.. Mckinley
had reached the conclusion that a
new system Of tariffs, framed on
the give aud take principle, had
| become a necessity was plainly
manifested in his last words OF ad-
vice to his party and his country.
Since Mr.. Roosevelt voluntarily
offered to follow in the footsteps of
his predecessor and TO carry the
Mckinley policies to completion,
the reciprocity question is natural
ly taking precedence in the deliber-
alive councils at the White House.
And there is no doubt that il will
be presented to the coming con.
grvss. IN concrete form at the
proper time. While in a general
way the policy OF which the eele'
bra,ed Plumed Krigh, OF the Pine
Tree State was the father and adj
yocate is rot complicated, it will
require careful handling. Thai
there will be opposition to the re.
t ducuon Of duties from certain por.
q tions Of the country from those IN.
dustries which do not yet feel able.
or at least inclined TO torego tn,
benefits OF protection, there IS no
e the slightest doubt. In a sense
the change contemplated is radi
cal. But Republican leaders ar
confident that, with the exercis'
> OF good judgment, reeiproeit,
+ treaties can be 50 arranged tina
a no hardship will be imposed upol
o enterprises still IN need Of a safe
guard against the ruinous compe
Ituon Of underpaid foreign labor
Mr.. Roosevelt has long been
deep student OF economic problem
and will, II is stated by those VIII
have conferred with him, devot
his efforts to the formulation Of
plan which will find expression !
his coming message to congress.
The prosperous state OF I'll
country is reflected in the report
from the treasury ana in the IT
formation conveyed to the pres
dent by Sec. Gage. Before pre-
ceeding westward, 10 resume h
vacation which was interrupted /
y the lamentable tragedy at Buffalo
a MI. Gage explained at the Whit
House his arrangements 10 relie'
C. the money market by the psrcha'
I. of bonds and the increase OF go
eminent deposits Ia the nation.
N banks. Mr.. Roosevelt EXPRESS
himself as pleased with the steI
II taken and fully approved the plaT
N of the secretary 10 meet exigenei'
is that may develop during his al
e sence. Since Sept /, the avail
n. bic cash balance in the treasuI
-. has increased IS, 200, 600, Il
a amount now held being SISS, DOC
osss 600. Up TO Sept. %, the surPll
sf was nearly $4,000, 600 for tina. pc
Il iod alone, and since July l 1t b
q grown 70 be eyer $4,000 90
~ For the came period OF 1900 Il
20 surplus amounted 90 only So
zoo,