Morgan County democrat. (Versailles, Mo.) 1900-1906, 1904-08-05
President ROOScvelt'S Address
AT OYSTER BAY, N. r., DULY 81, 1904
In Response TO the Committee Appointed TO Notify
Him OF His Nomination for the
Presidency.

, people and 10 prevent the accumulation
Of AN unnecessary surplus. The result IN
that hardly ever before have the oxpcndi-
lures and income of the government 80
closely correspofdcd, In the fiscal year
that has Just closed the excess OF income
over the Ordinary expenditures WAS $780,
90. This does rot take account Of the
10, co. J expended out OF the accumulated
surplus for the purchase Of the isthmian
canal. II II au extraordinary proof Of
the sound financial condition of the ma
ton IA instead OF following the usual
course in such matters and throwing the
burden upon postcrity by an issue OF
bonds, We WEIR able TO make the pay
mcnt outright and yet after II TO have In
the treasury n surplus Of t1gl, Coo.OJ0 More.
over. we were able to pay this 1Jo.pyp,pO
out Of hand WITHOUT causing n. slight
est GstUrbanc" % business conditions
We have enacted a tarir law under which
during the past few years the country
has attained "a height OF material well
being never before reached. Wages are
higher than eyer before. That whenever
The need arises there should be n r.adjust-
ncnt Of the tArin schedules II undOubted
but such change can with safety be made
only by those whDse deyoti0n 10 the prin-
ciDie Of "A protective. tariff is hes Ond qucs-
ton. for Otherwise the changes would
amount not 10 fcafJustmcnt. but TO re-
peal. The renfJustmen when made must
maintain ana not destroy the protective
principle. To the farmer, the merchant,
the manufacturer this In vital. but per
haps no other man II 70 much Interested
as the wHgo-Wyfker In the maintenance
Of our present economic system. both as
regards The finances and the tariff. The
standard OF HylAK Of our DnYc-WOrkcrs IN
higher than that Of any other country,
ana u cannot 90 remain unless we nave
"A protective uarin which shall always keep
~ IA minimum q rate of duty sufficient
" cover the difference between the labor
cost here ana abroad. Those who. Ike
our opponents, "dcnouncc protection AZ
"a robb"ry' thereby explicitly commit
Themselves 10 the proposition that II they
were To roYIse the tarin no heed would be
paid 20 the necessity Of meeting this
difference between the standards Of Nv
Ing for workers here ara IN other
countries and therefore on his point'heir
sn'nspnism to our position is fuuda-
mental. Here. again. We ASH that their
promises and ourE be Judged by what has
been done in the Immediate past. We ask
that sober and sensible men o.npa the
workings Of the present isrin law. and
he conditions which obtain under II, with
tie workings Of the preceding ihfin lhw
~ lsji and the conditions which that tnrin
Ut 1894 helped 10 bring about.
w" bciigve In reciprocity WIN foreign
nations On Nc irrmH outlined IN ffcni-
dent h,Elulry'B ,ast speech, which urged
the c&'rnsicn ~ ctr foreign mnfk"ts by
rccipfcc1l agreements whenever they could
be matc without injury 10 American indus
irS ana IabDr II 70 . singular fact ttnt
ne only great reciprocity tfoaty T~"c.ntly
adDpicG-tIut with tguH-HaH finally up-
pps'J almost alone b. ne representatives.
~ The very party Yi.oh now states that
II fiyprs reciprocity Ana here again VI
ASK mat tho worth pf our ~pTlh be- Judged
4-- a.. tl-4- -N H.. -L. No.
his cuban reciprocity treaty tkor" w"r.
ST. iAo outar, grave differences ~ ppln-
ION among gUrselVos. ana the notable
iii'R IN the negotiation and ratification
Of ne treaty. and g. The legislation which
carried II into effect WHs HE highly pfnc-
tirhl mhnuc In winch without saciiHce
II principle these G.ffcrcHcrs Of opinion
were IccOncicd. Tirro was no rupture If
IA great party. bu, an excellent practical
outcome, IN" result NJ ~" harmonious CO.
operation u successive prosi1cBia and
TWO successive congresses This is an g.
lufirat!on 81 he governing capacity witch
entities ~ TO the confidence 81 the people
not only In our purEDars but In our piac-
IDEAL ability 10 achieve those PURPOSES
judging by the history of the last ~
years. down 10 this y"ry month, IN there
JubtliicatiOn for believing that under sim
liar circumstance ara win similar initial
differences of opinion our opponents would
have achieved any practical result?
We have already shown n actual fac,
that our policy n Va do fair and "guni
justice 10 all men. paying no heed 10 wheth-
or II man is rich or poor. paying no heed
70 HIS race, his creed, or his birthplace.
We recognize the organization of cap
itnl and n" organization ~ labor as nat
urai OutcOues u our industrial system.
Each kind Of organization is 10 be- favored
NO iong IN II acts IN n spirit ~ justice and
| "a D.g fAH tLA rt4.tA a. o -tlL.. L-.I
In 10 be granted the fun protection ~ the
law. ara each IN turn ig 10 be held 70 n
strict obedience 10 The law for no man
IN above II ana no man below II. The
humb!ost Individual IL 10 hBvo his riyntJ
nafegnard"d AZ scrnpuiDusly az those ~
the stronRcst organization, for esch In 20
receive justice. no more and no less. The
problems win which We have 10 deal In
our modern industrial and social life are
manifold: but the spirit IN which II is
necessary 10 approach their solution IN
simply the spirit Of honesty, Of courage
ana ~ comtUbn sense.
In inaugurating The great work 81 irrt.
CATION IN the west The adminisiration mas
been enabled by congress TO take one of
the longest strides ever taken under our
government toward utilizing our yast ma.
tiOhhl domain for The settler, the actual
home maker.
Ever since this continent was disco yered
the need ~ an isthmibn cannl 10 connect
the fhcihc ami The Atlantic has been
recognized. and ever since the birth ~ our
nation such a canal has been planned. A,
last the dream has become IA reality. Tas
isthmian canal In now being SalIt by ths
EOy.rHHsHi ~ the United States, We
conducted The negotiations for ITS coustruc,
ton Win he incest ana most scrupul0us
honor. ana IN u spirit ~ the largest gen.
crosby toward those through whose ter,
riOfy II was 10 run. Ever blnist.r ~
fort when could be dryly,d by tie sDl,l,
Of faction or n" spirit Of 81. f-intnrrat VIZ,
made Ia order 10 d,ftaf IA. treuty OIL