The free lance. (Fredericksburg, Va.) 1885-1926, 1904-07-30

which may ii, tey tine I1 The ncar Fu-
sure be- before ihom Fat!n Upon tie
principles which ual,ue t.iI la.Hf thp
convictions pf hgif OF or number DO not
clash with hos 90 tHr otn'r h1if- So
long as me Republican party IS iu power
the gold standard is settl,d, not "a il mat
ter OF temporary political rNprcN irF hot
because of shifting conditions 500 ihv pro-
duction of sold IN certain y ling GER
tcrs. but in accordance with q sc ro-
card us the fundamental p4Weiplrs ar
national morality and wisdom
Under the financial legislation which we
have enacted there Is nov ample circul4-
ton for every business need, ANA every
dollar of this Circulation is worth dol
lar in gold We have redSrd the interest
bearing debt and IN stan larger measure
the interest on that debt. All of IN" war
taxes imposed during the Spanish war
huYc been removed with view To relieve
th, people ava 20 prevent tho nccumula-
ton Of an unnecessary surplus Tn" rn-
suit IS mat hardly ever before have the
expenditures and income of the govern
uent so closely corrlspundcd. In the
fiscal year that has just closed the cx-
coss Of income over the ordinary cXpen-
diturcs was nine millions OF dollars, THIS
dnrs not take account OF the nfty mil
I Iion- expended out OF the accumulated
surplus for the purchase OF the lsthminH
Canal. n is AN extraordinary proof of tho
sound financial condition of the nation
that instead OF following the usual course
I'm such matters ana growing che bur.
den upon posttgty 10y an issue or bonds.
We were able 90 make the payment out
right ana yet after F 20 have In thu
treasury % surplus Of ono hundred ana
slXty-one millions, Moreover we woro
able 20 pay this nftv millions OF dollars
out OF hand without causing the slight
est disturbance to business conditions.
We have enacted tariff law undgi
which during the past few years the
country has attained height Of material
wcll-hcinc never before reached, Wages
arc higher than eyer before, That whon'
ever the need arises there should i'o a Tee
adjustment Of the tarln schedules is un-
doubted. but such changes can with SdI'-
/ Is De made only boy those whose dcFoe
/ ton TO the principle Of q protective thrlH
/ is beyond question, for otherwise the
changes would amount not to rcadJuSt-
mout but 10 repeal Tho rcadiustmcut
when nude must maintain and not de-
struy the protective principle. To the
farmer the merchant. the manufacturer
this is vital. but perhaps no other man
in the maintenance OF or present eco
homie system. both 40 regards the
finances ANA The t3rln, The standard Of
LIVING Of Our wage-workeTs il higher than
Nhaf u any other country. and IL can not
$50 remain unless We have protective
tariff which shall always keep ass mini
mum "a rate OF duty sufficient To cover the
difference between the labor cost here
aud abroad Those who Ike our oppon-
ontS "dcnouncc protection a. % robbery
thereby explicitly commit themselves 20
the proposition that n they were 10 r"-
wise the tafin no heed would be paid To
the necessity % meeting this difference
between the standards OF living FOR wngc-
workers here and I'M other countries. and
therefore ON this point their antaronism
"a our position is fundamental Here
again we ask that their promises and
ours ho Judged by what has been done
i'm tho immediate past. We ask that sober
and sensible men compare the workings
Of the present tarin law, ana the condl-
tions which obtain under 10. with the
workings or the preceding tariff INV of
lsai and tho conditions which that tariff
Of is1i helped tn bring about
We believe iu reciprocity with foreign
nations ou ,he terms outlined in President
McKinlpy's last speech which urged tho
extension or our foreign markets boy re-
ciprp,ll agreements whenever they could
b.. made without injury TO American In
ausrrv and labor Ii is singular fact
that tho only great reciprocity treaty re-
Gently adopted that with Hnbd-wa7
finally opposed almost alone hy the rep
resentntir OF the very party which now
states that O. fayGrs reciprocity. And here
again We ask That the worth OF our
words De- Judged by comparing their deeds
Hr.r rsrrfrr
treaty There were nj tho outset grave diff
ferences OF opinion among ourselves and
the notable thing in the negotiation and
ratification az tho trcuty. and in the leg
islation which carried IT into effect WIS
the highly practical manner IN which
without sacrifice of principle these differ
encc, of opinion were rccOnciled. There
was no rupture of IA great party bur an
excellent practical outcome, the result OF
the harmonious cooperation OF two sue
cessiyc presidents ana TWO suoceSsiV"
congresses This is an illustration "i tine
governing capacity which entities MS To
the confidence OF the people not only to-
our purposes but I'm our practical ability
20 achieve those purposes. Judging hy
the history OF the last twelve years down
to this very month. Is there Justification
for believing that under similar circum-
stances and with similar initial differ
encos OF opiuicn. our opponents would
have achieved any practical result?
We have already shown IN actual fact
that our policy H. o. DO fair and equal
Justice TO all men. paying no heed %
whether q man IL rich OF poor, paying mo-
heed 20 his race his creed, OF his BIRTH
place.
we recognize the organization OF capt. |
tai and the organization Of labor as matt
ural outcomes Of our industrial system.
Each kind OF organization is TO be fav-
ored so long as il acts In spirit of JUS
lice and OF regard for the rights of 9th !
crs Each ia to- r- granted the fun pro
lection Of the law. and each in turn il |
90 be held 20 a strict obedience to the
law: for no man IS above IL and no man |
below II. The humblest individual is to !
have his rights sHfeguarded as scrupu-
lously as those Of the strongest Organiza- !
ton. for each is to receive justice, no |
more and no less The problems with |
which We have to deal ia our modern in !
dustrial and social life are manifold but |
the spirit III which it is necessary tn APP |
proach their solution is simply the spirit ]
If honesty, Of courage and of common |
sense.
In iuauguratng the great work OF irri- !
CATION I'm the west the administration has |
been enabled by congress to take one OF |
the longest strides ever taken hliutI oti |
government toward utilizing our vast ma
tionai domain for the settler. the actual |
home maker.
Ever since this continent was discovered |
the need Of an Isthman Canal 10 connect |
the Pacific and the Atlantic has been re-
cOgniZcd; ana ever since the birth Of our |
nation such n canal has been planned. |
At last the dream has become reality. |
The isthmlan canal is now being buit by |
the government OF the United States. |
we conducted the negotiation for its con !
ftruction with the incest and most scrup- |
ulous honor. and in a spirit OF the largest |
generosity toward those through whose |
territory it WAS to run. Every sinister |
effort which could be devised By the spirit |
of faction or the spirit Of self-nteresi |
was made in order 20 defeat the treaty |
with Panama and thereby prevent the |
consummatiOn Of this work. The con |
L. a