Five Mile Beach weekly journal., 1916-03-10

IL "ould he suicidal. At the end OF
nVe years. under the Underwood tariff
law, there would scarcely be left one
single industrial stone upon another.
Revision should he made at onee for
the purpose of securing us IA safe mar
gin OF protection all along the line a1a
Tor the purpose also of establishing a
SOUND basis for any trade treaties into
which we may see fit to enter.
Merchant Marine.
We should proceed Immediately to
rebuild our merchant marine by adopt
ing the slime policy followed by the
founders Of the government in 1889.
by which 81 per cent of our imports
ana - per cent of II exports were
carried in American ships for nearly
forty years. Through the Iegerde-
nam OF diplomacy we lost practically
all OF 1t, What was left was a source
OF actual contempt of other nations. In
1910 only 10 per cent of our imports
ana I per cent of our exports were car.
RED Ill American bottoms. If this poll
cy OF the founders of the government
should HOW he adopted it would bring
INT the treasury of the government
approximately S200, 100000 annually.
we need this money very greatly for
our army. coast defenses and to build
up an adequate navy.
"Ihese two additional to
our government revenues would bring
into tie United States treasury $780,
0o0.o0O annually and at the same time
guarantee our prosperity and the up
building of the American merchant ma
rine. Again. we should carry away all
the goods that We want to sell in Il
W ships and bring back what we
want to buy.
Financial and Banking Reform.
we should proceed at nice to repeaa
the alien and obnoxious Federal Re
serve Bank Act which is today costing
the American people 500, 10000 more
every year than ii right banking system
would. But mere than that financial
loss, this i'll advised foreign scheme is
III no way adapted to our particular
needs and peculiar conditions. Fur.
thermore. ii is Fundamentally unsound.
structurally wrong and will certainly
without the possibility of escape. result
in overwhelming disaster.
National Preparedness.
'"These various proposed legislative
enactments call for a complete recon-
struction of our foreign relations and
of u economic policies. But beyond
and still more important than all these
combined, but at the same time in
yolving them, is the question of a true
national preparedness which consista
of a potential citizenship in character.
intelligence, physique and patriotism;
Of economic efficiency In men, produc.
ton, commerce and banking; of eff,
cheney in government which guaran,
tees equal opportunities, equal Justice
and complete and adequate defense.
"How these great and vital ends OF
u economic life and our government,
al administration are to be achieved !
shall at a proper time bring to the at
tention of my fellow citizens of New
Jersey.
'"The election of 1916 will be the
mos important held since the consti
tuition was adopted in 1889, with the
single exception of that of 1860.
patriotism should and will, in this
hour of stress, inspire the voters and
lead them to express their honest opin-
ions when casting their ballots. This
will be no time to pay a compliment
to friends at the expense of a nation.
Honor and devotion to country call
for a vote of convictions in the eXer-
else of your choice of a United States
senator. Only by being honest with
yourselves and true to your conviction
can you be truly patriotic and prove
yourselves worthy citizens of this
great republic, in which the people are
the royal rulers. Vote as you honestly
think, that's all, and the nation will be
safe, for the only sure defense of this
country is in an unsullied public opin-
ion."