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Show ditioa of onr commerce and industries, and the manner in which they have been affected by the operation of , the McKinxey law. can possibly escape the conclusion that to reverse the policies poli-cies of the Republican party at this time would involve our material inter-ests inter-ests in chaos and disaster. The most interesting part of the letter let-ter to men of the West is its statement of the silver question. The president reiterates his well-known well-known view, that our adjustment of the currency system must be so made a3 to render every dollar the equal of every other dollar in purchasing and debt-paying debt-paying power. But he takes the field squarely as a friend of bi-metallism. He says he believes the international conference will bring great good to the silver interests and that after the conference, con-ference, when we know at last the exact attitude of all foreign governments, govern-ments, we can settle our currency problems upon some enduring basis. He says in so many words, "I am thoroughly convinced that the free coinage of silver at such a rate as will maintain the equality in the commercial commer-cial uses of the two coined dollars would conduce to the prosperity of all j great producing and commercial na- tions of the world.'1 We believe we may confidently count upon the assistance of President Harrison in independent action looking look-ing to the restoration of silver if hia statesmanlike effort to reach an international inter-national agreement should fail. Certainly Cer-tainly he ia the best and ablest friend silver has had ia the White House in a long tims. The president aums up his views on the subject of immigration by saying: "We don't want, and should not receive, re-ceive, those who, by reason, of bad habit3 or character, are not wanted at home." In the remainder of his letter the president outlines the firm and dignified digni-fied foreign policy which he has illustrated illus-trated in his administration; renews his suggestion for a commission, under the supreme court, to devise means to protect pro-tect a pure and free ballot in federal elections; pays a handsome tribute to Democratic senators who have co-operated with him in the work of foreign affairs; urges the extension of the educational edu-cational system and favors the Nicaragua Nicara-gua canal; reiterates his well-known views on pensions, and closes with the confident prediction that the country will stand by the Republican party and its policy of safety, progression and development. It is a letter that every citizen should read and that is sure to make thousands thous-ands of votes for the great, pure and patriotic man who wrote it. THE PRESIDENT'S LETTER. The letter in which Benjamik Har-Eisox Har-Eisox accepts his renomination for the presidency of the United States appears today in the columns of every important import-ant newspaper in the country and will be read by millions of voters. It is the expression of the great leader lead-er of the Republican party upon the issues on which the people will pass in November. It is a letter which every .American citizen should read with care, and which should be an inspiration to every man who feels in hi3 heart the pride of country and desires to see this nation move forward to its greatening destiny. For the busy reader a brief editorial lummary will assist in getting its important im-portant points firmly in mind. ' PrAflident TIarrisox besina with a lucid exposition of the dangers iaTolred in the Democratic proposition to return to the plan of state banks of issue.- lie shows how derangement of our monetary mone-tary system wotild follow and thd busi-' busi-' ness of the country be involved in ' disastrous dis-astrous complications. ' It is difficult to understand how any merchant or workingman can faror a return to a system that was abandoned in this country after its fallacies had been illustrated by disastrous experience. The revival of American shipping, under the wise policies of the present administration, is described with just pride by the president. He presents facts and figures to show that this re-vival re-vival is real and not imaginary. As a result of the encouragement given to steamship lines by the legislation legisla-tion of the last Republican congress sixteen American steamships of the aggregate tonnage of 574,000 tons, costing cost-ing $7,400,000, have been built or contracted con-tracted for in American ship-yards. In all directions our shipping interest shows new life and we have entered again upon a period when the sails of our ships will whiten every sea. In describing the wonderful results of reciprocity, the president pays a deserved de-served tribute to the genius of Mr. Blaine. lie shows how our commerce has been widened by the policy which opens our markets for products not raised here in exchange for the products pro-ducts of our farms, ranches and workshops.. work-shops.. He demonstrates that foreign commerce with South American countries coun-tries has fallen off as our commerce has advanced, and that to the intelligent intelli-gent men who are watching events from the commercial centers of the old world reciprocity is not "a sham." The part of the president's letter which deals with protection is an unanswerable un-answerable statement of the Republican Republi-can position. Speaking of the practical results of the McKinlet law he truthfully says, ' "Tlie day of prophets of calamity has been suoceeded by that of the trade reporter." re-porter." His summing up of there-suits there-suits of the senate inquiry into wages and the cost of living is a conclusive demonstration ot the great benefits which have come to labor by the enactment enact-ment of this law. The cost of articles entering into the use of those earning less than $1000 a year has actually been decreased three-quarters three-quarters of one per cent. ' There has been an advance in the rate of wages three-quarters of one per cent. There has been an advance in the price of farm products 18.67 per cent and of all cereals 33.99 per cent. These are the results of the McKinlet law on the cost of living and the prices of farm products, and a more complete vindication of the wisdom of that policy could not be asked. Tbe extension of the free list to articles not produced in this country to any considerable quantity, and therefore there-fore not properly the subject of protection, protec-tion, has given an impetus to that branch of our foreign trade. The president also shows that great results have been achieved in the creation crea-tion of new American industries, notably nota-bly in the case of tin plate and pearl buttons. ' Xo one who carefully reads President Presi-dent IIakiuson'b statement of the con-, |