The daily morning journal and courier., 1904-12-02

! macy nave been llAQkeQ 10 eiA4aL Ec5 LA4S Opportunity for trade in the distant ori- ent. We find there a vast theater of commercial enterprise, and if we are but true to our opportunities our eonl- merce in and beyond the Pacific is des- tined to attain proportions beyond our most optimistic dreams.
 While the tarif question is an old one, it is of continual and vital interest It must not be overthrown or surren- dered either by ignorance or by preju- dice; it must be maintained by educa- tional, by intelligent discussion.
 The tariff issue was sharply pre- sented in the platforms Of the republic an and democratic parties in the re- cent campaign. The republican party stood squarely by it's protective policy, while the democratic party denounced 1 protection as robbery The repub- liean party insisted that rates of duty should be readjusted only when condi- tions have so changed that the public ] interest demands their alteration while the democratic party favored revision and gradual reduction of the tariff Republican alterations are to | bI AAeAAN n4ACAi ASSC0oGA4sB d1O1lS pAOACGL- i've lines, while democratic revision means the elimination of the protective principle. .'The republican party revised tariff schedules in the past when revision was essential, and it will not hesitate in the | future to subject them co careful scru- | tiny and alteration so that our protect | i've system may be just in it's operation. Whenever change of schedules is es- sential in the public interest the al- teration will be made; 1t will be made advisedly, it will be made with full knowledge, not in response to mere sen 1 timent, but agreeably to sound econom- \ ic necessity. Any other policy is ob- yiously unwise and disturbing in it's | tendency.
 l The republican party adheres to the doctrines of commercial reciprocity, that reciprocity which tends to expand our commerce and to develop American industry in the interest of American la bor and American capital. It holds to that reciprocity which is the hand maidp of protection, but not to that which is but another form of free trade ! and which is hostile to the protective system. President Mckinley has been ' quoted by the enemies of protection as favoring the democratic system of rec iprocity. The text of his last great speech gives denial to such pretensions. His utterances were entirely free from ambiguity. No one could misunderstood them who did not desire to do so. He distinctly favored sensible trade ar ! engagements which will not interrupt our home production
 "'We should take from our custom CTS, said he, such of their products as we can use without harm to our indus I tries and labor
 And he further declared that if per chance some of our tariffs are no long CT needed for revenue, or to encourage or protect industries at home. why should they not be employed to extend and promote our markets abroad?'
 Tt will be observed that he kept well in mind the home market and pro- { tection to our industries and labor. There is in these observations no sug- gestion for the abandonment by him of the great policy for which he lived and wrought so we'll There is to be 1 found here no evidence of any purpose on his part to yield the home market \ in the delusive hope of possessing for eign markets which would compensate for the loss.
 "A great responsibility rests upon the republican party. 1t is not overaWed by it, yet fully realizes it's significance. It has always had the courage and wis dom to meet the responsibility laid upon it by the American people. We realize that all of the great problems of gov ernment have not been solved; that there are many awaiting us in the flu ture which will tax our patriotism and our capacity to govern. The republican party faces the future with a full ap- preciation of all of this and with d high resolve to meet present and future re- sponsibility with the sole purpose to ad- vance to the utmost degree the welfare, the honor and the glory of our country men and our common country.
 'The result of the recent national elec- tion needs no interpretation. It plain ly signifies that the people have una bated faith in the great principles for which the republican party has wrought so well. It clearly indicates exceptional confidence in the soundness and con servatism of republican administration. The power committed to us is to be used with prudence. We are to con- tinue to adhere to and uphold the great ! policies which have so well served us in the past. They are not to be un- dermined or subverted; they are to be upheld and maintained with wisdom and resolution"