The daily silver state. [volume] (Winnemucca, Nev.) 1903-1907, 1904-07-28

be before them again. Upon the princi-
pies which underlie this issue the convic-
ITEMS Of half of our number do not clash
with those of the other half. So long az
the Republican party is in power the gold
standard is settled, not as a matter of
temporary Political expediency, not be-
cause of shifting conditions in the pro-
duction Of gold in certain mining centers.
but in accordance with what we regard
morality and wisdom.
NATIONAL FINANCES
Under the financial legislation which we
nave enacted there is now ample circula.
ton for every business need; and every
dollar of this circulation is worth a dol
lar In gold. We rave reduced the inter
est-bearing debt and in still larger meas
ure the interest on that debt. All of the
war taxes imposed during the Spanish
war have been removed with a view to
relieve the people and to prevent the ac
emulation of an unnecessary surplus.
the expenditure and income of the gov
eminent so closely corespended. In the
fiscal year that has just closed the excess
of income over the ordinary expenditure
was nine millions of d liars. This does
not take account of the fifty millions ex
pended out of the accumulated surplus
for the purchase of the Isthmian Canal.
1t is an extraordinary pro- f of the
sound financial condition of the nation
that instead of following the usual course
In such matter and throwing the burden
up n posterity by an issue of bonds, we
were able to make the payment outrigh
and yet after it to have in the treasury
a surplus of one hundred and sixty-one
millions. Moreover, we were able to pay
this fifty millions of dollars out of hand
without causing the slightest disturban
ces to business conditions.
REPUBLICAN TARIFF
We have enacted a tariff law under
which during the past few years the com
try has attained a height of material well.
being never before reached. Wages are
han ever before. That whenever
the need arises there should be a read
d ubted; but such changes can with safe.
ty be mad only by those whose devotion
to the principle of a protective tariff is
beyond question; for otherwise the
changes would amount not to readjust-
ment but to repeal. The reimbursement
when made must maintain and not des-
troy the protective principle. To the
the merchant. the manufacturer
this is vital; but perhaps no other mar
is so much interested as the wage-earner
In the maintenance of our present econ
system, both as regards the fnan.
and the tariff. The standard CT
living of our wage-workers Is higher
h that of any other country. and it
@NANttN ~ AiAN ilitC We lave Il DIO
tective tariff which shall alays keep as a
a rate of duty sufficient to
cover the difference between. lab r cost
here and abroad. Those who, like our
opponents, 'denounce protection as a
robbery" thereby explicitly commit them
selves to the proposition that If they
We're to revise the tariff no heed would be
to the necessity of meeting tIis diff
ference between the standards of living
-wage-workers here and in other coun.
tries, and therefore on his D int thei:,
antagonism to our position is fundamen-
tai. Here again we ask that Their prom
and ours be judged by WAL has been
done in the immediate past. We ask
that sober and sensible men compare the
workings of the present tariff law. and
the conditions which obtain under Ii,
with the workings of the preceding tar
In law of 1884 and the conditions which
tariff of 1901 helped to bring about.
RECIPROCITY
We believe in reciprocity with foreign