Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1908-06-18

ing adneFence TO pOncleS thus lnaugu-
rated and pledge their continuances
under the Republican administration
of government and under the guidance
of Republican principles the American
people have become the richest in the
world. Nothing so clearly demon
strates the sound basis upon which
our commercial, industrial and agri-
cultural interests are founded and the
necessity of promoting their con-
tinued welfare throughout the opera
ton of Republican policies, as the
recent safe passage of the American
people through financial disturbance
which, if appearing in the midst OF
Democratic rule or the menace of it,
might have equalled familiar Demo
cratic panics of the past. We con-
graduate the people upon this re-
newed evidence of American supre-
macy and hail with confidence the
signs now manifest of the complete
restoration of business prosperity in
all lines or trade, commerce and manu-
featuring.
Since the election of Mckinley in
1886 the people of this country have
felt new wisdom, interesting to the
Republican party, and through the
decisive majorities, control and direc-
ton of national legislation in
many wise and progressive measures
which have been adopted by recent
sessions of congress. have demonstrate
ed the patriotic resolve OF the Re
publican leadership, in the legislative
department, to keep step in the for
ward march toward better govern
NIX - o1~c a
clustering of the Democratic minor
ity in the last house of congress,
which prevented the enactment of q
number of measures of great public
benefit, the consideration Of which
can only be interpreted to mean an
other Republican majority but many
wholesome and progressive laws were
enacted. We especially commend
the passage of an emergency currency
bill and the appointment Of national
monetary commission, employers and
government liability laws and a
measure for the greater efficiency of
army and navy, widows pension bill,
model child labor law for the District
OF Columbia, designed for the emula-
ton by the states, new statutes for
the safety of railroad engineers and
firemen and many acts conserving
the public welfare.
Tariff.
The Republican party declares un-
equiyocally for revision of the tariff
by special session of congress imme-
diately following the work assigned
to the appropriate committees of the
two houses which are now Investigate
ing the operations and effect of exist
ing schedules.
In all tariff legislation the true prin-
ciple of protection is best maintained
by the imposition of such duties as
will equal the differences between the
cost of production at home and abroad
together with a reasonable profit to
American industry and the benefits
that follow are best secured by the es-
Enlistment of maximum and mini
mum rates to be administered by the
President under limitations fixed in
the law, the maximum to be available
to meet determinations by foreign
countries against American goods en-
tering their markets, and the mini
mum to represent the normal meas
ure of protection at home; the aim
and purpose of the Republican policy
being not only to preserve, without
excessive duties, that security against
foreign competition to which Ameri-
can manufacturers farmers, and pro-
ducers are entitled, but also to main
tain the high standard of living of
the wage earners of this country, who
are the most direct beneficiaries of
the protective system.
Between the United States and the
Philippines we believe in free inter
change of products with such limita-
lions as to sugar and tobacco as will
avoid injury to domestic interests.
The Currency.
We approve of emergency measures
adopted by the government during
the recent financial disturbance and
especially corSnend the passage by
the last session of congress of a tenn
porary enact, designed to protect the
country from repetitions Of such strin.
gency, only until there can be estab.
! lished a permanent currency system
that will avoid all emergencies. The
Republican party is committed to the
development of st.ch permanent sys.
| TEN, responding to our greater needs
and in line, in all respects, with the
| most progressive nations of the world
and the appointment of a monetary
commission by the present congress
which will impartially investigate all
the proposed methods that insures an
early realization of this purpose The
present currency laws have fully JUS
titled their adoption, but expanding
commerce and the marvellous growth
in wealth ant. population multiplying
the centers of distribution, increasing
a demand for the movement OF
crops in the west and the south, en-
failing period Of changes in the mon
etary conditions, disclose the needs d
a more elastic and adaptable system
Such system must meet the require
ments of agriculturists, manufacture
ers. merchants and business men gen
orally, automatic In operation an6
minimizing the fluctuations in the in
terest of rates. Above all it must be
in harmony with the Republican doc
trine which insists that every dolla,
shall be based upon and redeemable
in, and as good as gold. in line with
the purposes here declared to secure
by very wise means a greater safety
and stability in the banking and cur
rency system. We favor the establish