The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1904-12-02
Attitude of the Republican
Administration on Cues
ton Defined by Vice Presi-
dent Elect c. w. Fairbanks
BALANCE OF TRADE
is IN OUR FAVOR
Roosevelt's Mate Says Party
Will Not Fail to Revise
Schedules if Change Is De-
manded by the Conditions

BOSTON, Dec. before an audi
ence of more than 5000 persons Vice
President-elect Fairbanks of Indian
apolis defined the attitude of the Re-
publican administration on the tariff
question at the annual banquet of the
Home Market Club in Mechanics Hall
tonight.
Former Congressman Robert T.
Davis of Fall River, president of the
club, as POSTMASTER, made the opening
address and, in referring to the princi-
pie of protective tariff which is fos-
tered by the Home Market Club. said
that the leading members of the Ma
tional House of Representative and
Senate would soon confer with the adj
ministration on the subject of tariff re-
vision
And" he added I'VE are willing to
stand by their judgment as to the time
and nature of such revision.
kilograms of regret at not being able
to be present were received from Pres
ident Roosevelt and Senator Lodge.
President Roosevelt's message follows:
II regret extremely that l cannot be
with you. I congratulate you on hav-
ing the Vice President-elect as your
d
evening"
vice President-elect Fairbanks in
his speech said:
The expansion of our foreign commerce I'M
der Republican policies and Republican ad-
ministration is conclusive evidence OF the fact
that the Republican policies are not restricted
far foreign trade is concerned In 1851
our exports of manufactured products TO other
countries amounted to only slOZ Ooovoo. mhi1e
1882 coo COO We have been rapidly increas-
ing our wealth through our foreign commerce.
The balance of trade Is greatly in our favor.
From the beginning of George Washington S
first administration to William Mckinley's first
term the net balance in favor of the United
of President MeKinley's first term until March,
1904. the BALANCE in favor OF the United States
the part of wisdom to hold fast TO those meas
ures and the administration Of public affairs
under which gratifying and unparalleled re-
suits have been accomplished
While the tariff question is old one, IL
is of continual and vital interest. 1t must
not be overthrown or surrendered either by
ignorance or prejudice: it must be maintained
by education. by intelligent discussion,
The Republican party has revised tariff
schedules in the past when revision was es-
sential and 1t will not hesitate in the future
to subject them to careful scrutiny and altera.
ton 50 that our protective system may be jus
in it's operation. Whenever change of schedule:
is essential in the public interest the altera
ton will be made; il will be made advisedly
1t will be made. not In response to mere sen
timent but agreeably to sound economic ne
CeSSity. Any otner pOilcy Is obviously unWlSe
and disturbing in its tendency.
The Republican parry adheres to the doctrine
of commercial treaties, reciprocity which tends
to expand our commerce and to develop Amer
fcan industry and interest of american labor
and American capital 1t holds the reciprocity
which is the handmaiden of protection but
not TO that which is but another form OF
free trade and which is hostile to the protec-
tive system
President Mckinley has been quoted by the
enemies of protection favoring the Demo-
cratic system of reciprocity. The text of his
last great speech gives denial to such preten-
sions His utterances were entirely free from
ambiguity No could misunderstood them
! who did not desire to do He distinctly
favored sensible trade arrangements which
will not interrupt home production We
should take from customers. said he 'such
of their products can use without harm
to OUR Industries and labor And he further
declared that ''if perchance some OF our tar.
ifs are. no longer needed for revenue and tc
encourage and protect Industries at home why
should they not be employed to extend and
promote our markets abroad?
1t viii be observed that he kept well in
mind the home market and protection to oul
Industries and labor. There is in these obser-
vations no suggestion of the abandonment by
him of the great policy for which he lived and
wrought so well.
The result of the recent national election