Phillipsburg herald. [volume] (Phillipsburg, Kan.) 1882-1905, 1904-08-04


| ciples Of national morality and wisdom
| Under the financial legislation which
we have enacted there Ia now ample cir
| culation for every business need and
dollar In gold. We have reduced the
| interest-bearinR debt and in still larger
measure 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 pre-
vent the accumulation of an unnecessary
| surplus. The result Is that hardly ever
before have the expenditures and income
ed.
Sound Financial Condition.
In the fiscal year that has Just closed
the excess of income over the ordinary
expenditures was $4,000, 900. This does
not take account Of the $4,000. 900 ex-
pended out of the accumulated surplus for
the purchase of the Isthmian canal II
Is an extraordinary proof OF the sound
| financial condition of the nation that In
| stead of following the usual course in
| such matters and throwing the burden
upon posterity by an issue OF bonds. we
| were able 10 make the payment outright
| and yet after IL to have in the treasury
| a surplus OF s161 100000. Moreover we
were able to pay this $50. 100000 out of
| hand without causing the slightest dis
turbance to Business conditions.
| We have enacted tariff law under
| WiliCH uullHB tic past LOW gOdAo bilC
country has attained a height OF ma
| terial well-being never before reached.
Wages are higher than ever before. That
| whenever the need arises there should
ules is undoubted; but such changes can
| with safety be made only by those whose
devotion to the principle OF a protective
tariff is beyond question. for otherwise
| the chtlg5 uSt
ment when made must maintain and not
destroy the protective principle. To the
| farmer, the merchant the manufacturer
this is vital; but perhaps no other man
is so much interested as the wage
worker in the maintenance of our present
| economic system, both as regards the
| finances and the tariff.
Wage Workers Are Well off.
The standard of living of our wage
| workers Is higher than that of any other
country, and it can not 80 remain unless
| we have a protective tariff which shall
duty sufficient to cover the difference
| between the labor cost here and abroad.
Those who, like our opponents, de
| nounce protection as a robbery thereby
| explicitly commit themselves to the
proposition that II they were to revise
| the tariff no heed would be paid to the
necessity Of meeting this difference be-
| tween the standards Of living for wage
workers here and in other countries; and
therefore on this point their antagonism
to our position Is fundamental
Here again we ask that their prom
lses and ours be judged by what 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 tariff
law OF 1894 and the conditions which
that tariff Of 1894 helped to bring about
We believe in reciprocity with foreign
nations on the terms outlined In Presi-
dent McKinley's last speech, which
urged the extension or our foreign mar
kets by reciprocal agreements whenever
they could be made without injury TO
American industry and labor. 1t Is
singular fact that the only great reel
procity treaty recently adopted-that
with Cuba-was finally opposed almost
alone by the representatives OF the very
party which now states that 1t favors
reciprocity.
And here again we ask that the worth
of our words be judged by comparing
their deeds with ours On this Cuban
reciprocity treaty there were at the out
set grave differences of opinion among
ourselves. and the notable thing In the
negotiation and ratification of the treaty
and in the legislation which carried 1t
into effect was me highly practical man
ner in which. without sacrifice Of prln-
clple. these differences of opinion were
reconciled. There was no rupture or
great party, but an excellent practical
outcome, the result Of the harmonious
cooperation of two successive presl-
dents and two successive congresses.
This is an illustration of the govern
ing capacity which entities us to the
confidence Of the people not only In our
purposes, but in our practical ability to
achieve those purposes. Judging by 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
ences Of opinion our opponents would
have achieved any practical result?
We have already shown in actual fact
that our policy liz to do fair and equal
Justice to all men, paying no heed to
whether a man is rich or poor; paying no
heed to his race his creed, or his birth
place.
We recognize the organization Of
natural outcomes of our industrial sys-
| tenn. Each kind of organization Is to be
| favored so long as II acts in spirit or
Justice and Of regard for the rights OF
others. Each is to be granted the full
protection OF the law. and each in turn
Is to be held to a strict obedience to the
| law; for no man Is above II and no man
below II. The humblest individual Is to
have his rights safeguarded as scrupu-
| lousy as those Of the strongest organic
| alton for each Is to receive justice, no
more and no less. The problems with
which we have to deal in our modern In
dustrial and social life are manifold:
| but the spirit In which II Is necessary to
approach their solution Ia simply the
spirit Of honesty, Of courage, and Of
common sense.
Irrigation In the West.
In inauguratng the great work OF r.
rigation in the west the administration
has been enabled by congress TO take one
/ OF the longest strides ever taken under
our government toward utilizing our
vast national domain for the settler the
actual home-maker.
Ever since this continent was dscov-
| cred the need OF an Isthmian canal TO
connect the Pacific and the Atlantic has
| been recognized; and ever since the birth
Of our nation such canal has been
planned. At last the dream has become
reality. The Isthmian canal Is now be-
Ing built by the government Of the
| United States. We conducted the no
| COLLATION. for its construction with incest
and most scrupulous honor. and in a
spirit OF the largest generosity toward
those through whose territory II was 10
run. Every sinister effort which could
be devisedz by the spirit Of faction or
the spirit OF self-interest was made in
! order to defeat the treaty with Panama
4 and thereby prevent the contamination
OF this work. The construction of the
canal IL now an assured fact; but most
certainly II is unwise to entrust the car
rying out OF so momentous a policy TO
those who have endeavored to defeat the
whole undertaking.
Our foreign policy has been so con.
Quoted that, while not one Of our just
claims has been sacrificed, our rsla.
| tlons with all foreign nations are now OF
the most peaceful kind: there is not
cloud on the horizon. The last cause OF
Irritation between US and any other M.