The Roswell daily record. [volume] (Roswell, N.M.) 1903-current, 1904-07-27
ROOSEVELT IS N0IIEIED
Concluded From First Page.)

M
Isthmian Canal. It is. extraordinary
proof of the sound financial condition
of the nation that instead of following
the usual course in such matters and
throwing the burden upon posterity
by an issue of bonds. we were able
to make the payment outright and
yet after it to have in the treasury
a surplus of one hundred and sixty
n millions. Moreover. we were
able to pay this fifty millions of dol
lars out of hand without causing the
slightest disturbance to business con-
ditions.
I'VE have enacted a tariff law I'M
der which during the past few years
the country has attained q height OF
material well-being never before
reached. Wages are higher than ev-
er before. That whenever the need
arises there should be a REIMBURSEMENT
of the tariff schedules is undoubted;
but such changes can with safety be
made only by those whose devotion to
the principles of a protective tariff Is
beyond question; for otherwise the
changes would amount not to read
justment but to repeal. The re-adjust-
ment when made must maintain and
not destroy the protective principle.
To the farmer, the merchant, the man
ufacturer this is vital; but perhaps
no other man is so much interested
as the wage-worker in the mainte-
nance Of our present economic system
both as regards the 1nances and the
tariff. The standard of living of our
wage-workers is higher than that of
any other country, and it can not so
remain unless We have a protective |
tariff which shall always keep as a
minimum a rate of duty sufficient to
cover the difference between the la
Dor cost here and abroad. Those who |
like our opponents, 'denounce protec-
ffop nc N rohapup rha-ohu ovD1fofT1u /
commit themselves to the proposition
that if they were to revise the tariff
no heed would be paid to the neces-
sity of meeting this difference be-
tween the standards of living for
wage-workers here and in other
and therefore on this point
Here again we ask that
their promises and ours be judged by
what has been done in the immediate
BILE men compare the workings of the
present tariff law, and the conditions
which obtain under it, with the work
and the conditions which thai
of 1893 helped to bring about.
I'VE believe in reciprocity with
fnr0i0n nations on tho fnrnuC o1If1inn6 !
in President McKinley's last speech
which urged the extension of our for
markets by reciprocal agree
ments whenever they could be made
without injury to American industry
and labor. II is a singular fact that
the only great reciprocity treaty re-
Gently adopted-that with Cuba-was
inally opposed almost alone by the
representatives of the very party
which now states that it favors reci
And here again we ask that
the worth of our words be judged
by comparing their deeds with our.
this Cuban reciprocity treaty there
we're at the outset grave differences
of opinion among ourselves; and the
thing in the negotiation and
of the treaty. and in the
legislation which carried 1t into effect
was the highly practical in
which without sacrifice Of principle
these differences of opinion were re-
consiled. Inere was no rupture of
q great party. but an excellent prac-
tical outcome, the result of the har-
monious cooperation Of two succes-
sive Presidents and two successive
This Is an illutration OF
the governing capacity which entities
us to the confidence Of the people
80 onIy IN "a DrrDococ huf in anr