The Roswell daily record. [volume] (Roswell, N.M.) 1903-current, 1908-06-17

call the cries which have sounded
from the lips of these two parties
during the last half century. On the
one side--Slavery; secession; repud-
iation of the public debt; fat money;
free trade; free silver; the overthrow
of the courts and government owner
ship"
On the Republican side-Free soil;
free men; the Union; the payment
of the debt; honest money; protection
to American industry; the gold in
dustry; the maintenance of law, of
order and the government regulation
of great corporations" The old shib-
|oleths of the Democrats are today the
epitaphs of policies which are dead
and damned. They serve only to
remind us of our dangers escaped or
to warn us of perils to be Stunned.
The. battle cries of the Republicans
have been the watchwords OF great
causes. They tell of victories won
and triumphs tasted-they are embod-
led il the laws and mark the STEPPING
stones by which the republic has ris.
en- to ever greater heights Of power
and prosperity.
AS we thus call UP the past and
the echoes of these old conflicts again
sound in our ears and touch the
chords of memory, one great fact
stands forth, clear and shining. The
Republican party has never failed ex-
cept when 1t has faltered. Our long
career of victory, so rarely broken,
has been due to our meeting boldly
each question as it arose, to our fac
ing every danger, as it crossed our
path, with entire courage, fearless
ness OF consequences and determined
only to be true to the principles that
brought the party into existence and
to the spirit which has inspired it
from its birth.
We faced secession rather than as
sent to the extension of slavery. Ra.
ther than submit to secession we took
up the dread burden of civil war.
But a few years ago we permitted
thousands of Republicans to leave
us, thereby imperilhng our political
power rather than abandon the gold
standard and plunge the country into
disaster and dishonor.
In these latest years, as IN the
most remote, we have been true to
our traditions. In the process of de-
velopment a point was reached
where the country was faced by a sit
uation more perilous than any it has
ever faced except in the Civil War
and we Republicans were, therefore,
obliged to deal with problems of the
most complex and difficult character.
To our honor, be 1t said, we have
not skunk from the task. Much has
been done-much, no doubt, still re-
mains to debut the great underlying
principles have been established and
upon them we can build, as necessity
arises, carefully and deliberately.
1 have spoken of the seriousness of
the situation with which the country
was confronted. Its gravity can hard
" be over-estimated. 1t out of
conditions and was the result of
forces beyond the control of men.
Science and invention, the two great
factors in this situation, have not on
" altered radically, human environ
ment and our relations to nature, but.
in their application, they lave revolp-
tionized economic conditions. These
changed economic conditions have,
in turn, affected profoundly society
and politics. They have led, among
other things, to combinations of labor
and capital on a scale and with a
power never before witnessed. They
have opened the way to accumulations
Of wealth in masses beyonds the
dreams of avarice and never before
by man.
The social AID political problems
thus created, are wholly new. 1t is
n fallacy to suppose that because the
elements are old the problem itself
must, therefore, differ only in degree
from those which have gone before.
The elements may be old but the
problem presented by a change in the
proportion of the elements may be,
and. in this case IS, entirely new.
Great individual fortunes and rich
are, it is true, as old as recorded
history. Nearly two thousand years
ago the tax farmers OF Rome formed
a Trust" for their own profit and
the English people, three
centuries ago. revo1ted against the
patents and monopoIies granted by
and James to their court
iers and monopolists, f~orestallers ald
spectators In the necessities of life
were a curse in our revolution and
bitterly denounced by Washington.
Yet, it is none the less true that the
things today present questions
different in kind as well as in degree
from their predecessors.
1t is the huge size of private for