The Owosso times. (Owosso, Mich.) 1897-1926, 1906-08-03
decided alongl theline of state issues.

decided alongl theline of state issues. l
hope this is true. AS citizen of Mich
igan l do not believe there has ever been
a time in its history when the republi-
cans could appeal with more confidence
and with more justice for favor and en-
dorsement from the people than they
can with our candidates and our issues
of this year.
And we will stand, too, by what our
| party has done and is seeking to do in
other directions. We will endorse and
! uphold with better reasons and greater
faith than ever before that cardinal
principle of republicanism, the Ameri-
can protective tariff, which has resulted
in producing a trade balance in favor of
the United States of $517, 900, 900 during
the last fiscal year, and while our i'm
ports have increased from 81. 90 in 1860
to 1914 in 1905, our exports have in
creased during the same period from
$1O.61 ST "a per capita. And we must
| not overlook the fact that this glorious
change in condition has been brought
about solely by the wise and benifcent
laws put upon the statute books by the
republican party
We will stand by our demand that
the currency put into the hands of our
people shall be equal to the best used
anywhere on earth. You will remem-
Der in 1896 the money in circulation in
the United States amounted to about
$22. 90 per capita, and under the repub-
lican protective tariff policy and sound
monetary system. that sum has grown
until today it amounts to over $50. 20
per CAPITA and there was on the first
day of July $500, 900, 900 of gold coin and
gold bullion in the United States treas
ury against 1886, 100000 of borrowed
money in 1897. In the meantime we
have reduced our public debt annually,
and that too, after having issued $780,
600, 900 of government bonds for money
to carry on the Spanish war
Now let us not be fooled by smooth
figures of speech. Rather let us pin our
faith to the figures handed down by the
secretary of the treasury, showing the
country's progress since Grover plunged
into private life at Princeton, Let us
not mislead ourselves into calamity.
With the United States Attorney Gen
eral continuing to enforce the trust laws
we now have, competition will regulate
the price of American made goods while
the tariff will shut out cheaply made
foreign competitive products. We must
not sacrifice our princely home markets
simply because we think 1t may curb
the avaricious so-called trusts. In our
efforts to legislate against real and
imaginary corporate greed, we must
carefully guard the rights of all
men under the constitution The fact
should not be lost sight of that the rail
roads and manufacturing institutions
equally as well as our farms make the
backbone of our commercial supremacy,
and that they must be left secure in
their rights. We must not be driven to
hasty and unjust legislation by critics
or theorists. The law will take care of
the trusts, while the republican party
takes care of the American market and
labor by maintaining tariff that pro-
tects. Let's stand pat.
Our tariff laws may, and no doubt
sometime will, be revised, but when
that time comes it should be done by
the friends of protection and not by its
enemies, and in this believe the Amer
lean people will at the proper time act
wisely.
Republican administrations have been
founded on great economic truths, the
national workings of which have brought
this nation to the very flower of pros
perity which is as welcome as our form
er poverty and panic were odious.
And we will continue our struggle in
behalf of conditions that will give OPP
portunity to every American boy, equal
ity to every citizen of our land, and will
seek with even increased zeal to realize
here among men the ideals of those
from whose hands we have received our
party banners, and from whose hearts
and lips have come the inspiration that
should guide us and will guide us in
right directions through all the years to
come.