Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-07-20

affairs. We are no longer a debtor
nation. The balance of trade is nc
longer against us. We are no longer
| sending abroad our gold and bonds
| and stocks, to pay for necessities col
sumed. During this period of sever
years the balances OF foreign trade
have been nearly four billions OF
dollars in our favor. The people Of
other nations are sending us their gold
and their valuables in payment for
| what they buy from us until we have
nearly one-third of all the known gold
| in the world as part of our circulat-
| ing medium. At the end of the first
| period of which l have spoken our
circulation was a little over four
| times that amount. The democratic
party in giving Judge Parker per-
mission to think and act as he pleases
| upon the question OF the gold standard
and cognate matters, giving him per-
| mission to run amuck at his own
sweet will among all their cherished
ideas or ideals. putting them up or
| tearing them down just as he pleases.
| Justifies this abandonment of all that
was dear to them four and eight years
| ago, and all that was so important to
the American people, by the suggestion
that within the last few years the
production of gold has been 50
enormous as to entirely destroy their
old theories about the necessity of
sixteen to one and the horrors that
would follow the establishment of a
gold standard of measure. The late
production of gold is woefully-out-
| rageously exaggerated by democrats
Discussing reciprocity the speaker
took strong ground in favor Of re-
ciprocal relations In non-competi-
tive products only. He quoted the ma
tional republican platforms OF 1892,
1896, 1900 and the present year and
continued:
Among the men whose memory is
dear to the American people William
Mckinley stands among those who are
dearest. His political life was devoted
to the promotion OF republican theo-
ries, republican principles. and to Sc
curing republican successes. He
stood among the first Of those who
were believers in a system Of protec-
ton that would be effective; that
would bring about results. His whole
life was constantly devoted to strength
ening protection as sentiment among
the American people While he lived
no man claimed that in thought or
deed he had ceased to be the earnest
friend of this principle. But laterly
certain men claim that this conviction
had undergone change, and that in his
last moments he was ready to destroy,
in part at least. that system that he
had devoted life to upbuilding, and
in support Of stories Of change they
quote the speech made by Mckinley at
Buffalo on the day before his assassin
alton. Let me read sentence from the
speech; controlling and qualifying
sentence that was meant to control and
qualify every other utterance in that
speech. We should take from our
customers such of their products as
we can use without harm to our indus
tries and our labor Our industries
and our labor including all of our
industries: all of our labor. 1t was
these; these industries. this labor, that
was not to be harmed in these new at
tempts to extend our markets. Again
we declare that protection is one of
our cardinal principles. and that 1t is
that it's measure is to be at last equal
to the difference in the cost OF produc-
ton at home and abroad, and that its
terms and incidents are to be stable and
to be disturbed by readjustment only
when changed conditions demand their
alteration in the interest of the public.
And we further declare that this doc
trine of protection to be universally APP
piled shall not be varied by reciprocal
arrangements that would injuriously
affect American agriculture, American
labor, or any American industry
That word, any, has escaped the OBJ
servation of some of our republican
friends. ] want to call their attention
to it and to impress upon them that the
repulicap party has said that II viii
NOT favor any arrangement, with any
country. that jeopardizes the interests
of any of our American industries.
which is a renewed and most emphatic
declaration on the part of the party
that all reciprocal arrangements are to
be confined and limited to the non
competitive article.
II am told that during the past two
or three years there have been some
differences Of opinion entertained by
members of the republican organiza-
ton in Iowa. Happily the heartiness
with which all republicans in the
state have accepted the declarations
and doings Of the last republican con-
yention gives me warrant to say that
we are now of one accord; Of one
opinion; of one belize.
"As republicans we claim that the
electorate of the country can safely
trust our organization. We point to
our thlrty-six years of control; to our
legislation; to our sue
cessful administration as an earnest of
what may be looked for in the future.
We point to the material progress that
has been made; to the high ideals |
that have been obtained; to the general |
prosperity of our people. Our poll |
teal theories no less than our poll
teal conduct during these years of |
struggle and activity. justify conf |
dence Without confidence in the wis |
dom and virtue of a governing power
we must have disaster. Our capacity |
TO do business is based largely upon !
public confidence.
1.-THE principles and policies of the |
republican party have stood the worlds |
scrutiny for fifty years and have
met. in great measure, the approval
of the American people. The repub- |
lican party has nominated for it's cam
iidates for president and vice presi-
dent two OF its most renowned and |
well beloved sons: men who are !