| Show I 1 PRESIDENT HARRISONS LE LETTER t washington dept i I 1 H HOD on W mckinley jr and w committee etc gentlemen I 1 now avail myself of the first period of relief from flom pu pah cuties to respond to the bea which you brought me june go 80 oft of nomination for the office of pre preside elloe of the united states by the republic national convention I 1 accept t nomination aud am grateful for t approval expressed by the of the sets acts of the administration have endeavored without wa wavering eri weariness ees as jar far as the dir direction D 6 public affairs was committed to m i carry out pledges aiace the people 1 l 1888 lt it the policies of the lion ave n t bt en progressively american and republic an the fault has not ben in pur but iu in execution I 1 shall speak f ly of the legislation by congrow Cuu grese of the work of the executive t depa depart merita for the credit of any sum efte that may have beeck attained is in au elp measure due to others other senators and w presen pree enta ivro IV and to beas the departments that I 1 do so BO without withe ut impropriety A voto vote want cf confidence is asked by B ad ver and I 1 this his challenge to AV ft view of what has been done promptly slid aud glady gladly accept the great work of the F fifty 1 subjected to a re agrem has been house of rep democratic olsion of the and the acta of the executive department to its scrutiny and in democratic national vesti gatlon A administration was wall succeeded by a republican administration and tb the e freshman unusual fa given baa of events tair fair coll comparison kD arison and judg eSlit ellit iea les for time I 1 seldom bjoin been a has oe ment there from the de phen ben a change think v the to dared lareu d policies of 1 the republican democratic declared polities poli clea Gies of the results to such serious PR party arty involved of the country the sao bus business iness li is teresta been done A brief review of W what bat has democratic party pro and ad of what the am to do will justify this thia opinion THE republican civil war devised a great during the consisting of united national ai currency redeemable by states tea notes n otes issued and national bank back and of the government of united security the at notes based upon lel levied vied upon states bonds A tax was banks and the intender intend eo issues olt of state should be result th that at all such issues there are withdrawn was r realized saw a who never us now men imen among state bank note notes N otes furnished dir indirectly by the united setly or only safe and the states have been currency ot of the people acceptable paper brought no bank auk failures have bill hol holder derL to loss 4 fright h t delay or bank are goon ano of f insolvent notes 0 an notes for the cru cre treasury current as an to is behind it i i oft aft ot tile the united states I 1 1 our money to is all national international money for might almost a say av and in our bills are not 1 only equally ACC accepted apted at par in all the states but in 09 some we foreign coun trim trie the D democratic elmo cratic party if entrusted with control of the government tit is now pledged to repeal the tax of state bank baak neues moen with a view to putting into circulation again under such legislation as an the states may isy adopt a 2 flood of who jhc in local bank issues only those the years before the war experienced the inconvenience and love loss attendant upon tb the e use of such money can appreciate what a return to that system the denomination of the lii involves olves bill was wag no indication of its value A bank detector of yesterday was wa 8 not a ate guide today DA as to creditor credit or values merchants mere haute deposited several times during the day lest the hour of bank closti closing ag should show a depreciation of the money akin taken in in the morning the Uv evler ler could not use in a journey to the east bast issues 0 of f the west solvent banks bank of the gestand We stand in consequence a money changers office was a fam familiar filar neighbor of the ticket office sad and lunch counter the farmer and laborer found the money mey received ived for their products and Is labor d depreciated when they came to make their purchases and the whole business of the country was hindered and burdened CHANGES MAY BECOME but the material system of our currency is safe and acceptable the whole country it is fruit of bitter experience and I 1 am sure our people will not consent to the reactionary proposal I 1 made by the democratic party FeW subjects elicited more discussion or attracted more general interest than that of the recovery by the united states of its appropriate sphere of the ocean carrying trade this subject touches not only our pockets but our national nati oLal pride practically all the freight transportation to europe the enormous annual Eup supplies plies of provisions furnished by this country and the large manufacturing products has for many any years been to fortion ship owners ten thousand immigrants annually seeking homes under our flap flag have been denied the sight eight of it until they entered sandy bandy hook while increasing thousands of american citizens bent on european travel had each year stepped into foreign jurisdiction at the new york docks merchandise the real balance of trade the tri abury books t how bow is ie largely reduced by the annual tribute which we pay for freight and passage m money oney go GJ look at the ships the fastest upon the sea which are now in peace profit profiting lug by our trade they are in a secondary sense war ships of their respective governments and in time of I 1 war would under existing contracts with w ith those governments speedily take on guns for which their decks are already prepared and enter with terrible efficiency upon the destruction of our commerce the undisputed fact is the steamship lines of europe were built upon and are now in patt part sustained tal ned by direct d I 1 or I 1 indirect direct n government aid the latter taking the form of liberal pay for carrying malls mails or of a an n annual beius given in consi consideration derst ion of agreements to construct the ships so as to adopt them for carrying armament and turn them over to the government on demand upon specified terms it was plain to every intelligent american that if the united states would have such lines a similar policy must be entered reentered upon the fifty first congress enacted such a law and under its beneficent influences sixteen american steamship olt of an aggregate tonnage of tons and costing have been built or contracted for in american shipyards in addition to this it its is now practically certain we shall soon have under the american flag one of the finest steamship lines sailing out ot of new york for any european point this contract will result in the con st ruction by american yards of OUR NB W steamships of tons each costing about 8 and will add to our national resources six steamships the fastest upon the eess special interest has been taken by me in the establishment afline of lines 8 from our south atlantic and gulf ports and though my expectations have not as yet been realized attention ham haa been called to the advantages posses sed by those ports and when those people more fully awake to their interests I 1 do not doubt they will secure the capital needed to enable them to profit by their great natural advantages the democratic party found no place in their platform for any rc reference ference to this subject and has shown its hostility hosti hostility lit Y to the general policy by refusing to extend the appropriation made during the last for ocean mail contracts with the american lines patriotic people workmen in our shops capitalists seeking new enterprises must decide whether great ships owned by americans which have sought american registry shall again humbly ask a place in the english naval david re giver ser great ships now on A the designers table go to foreign shops shop for construction the united states state has a brightening opportunity of re covering a place commensurate with irith its wealth the skill of its constructors and the courage of its ita sailors ln in the carrying trade of all the seas another related measure as furnishing increased foreign traffic for our ships ship and of great and permanent benefit to farmers and manufacturers as an well to is the reciprocity pol policy IQ y declared by section 3 of the tariff act of 1678 now in practical operation with five nations of central and south america san Dm domingo ingo the spanish and british west I 1 india nd ia Island landsb Is send nd with germany and austria with several trade arrangements range ments with each the removal of the duty on sugar and tile the continuance R of affee c afee and tea on the free list ahil while le giving great relief to our own people by cheapening ening articles used increasingly in every household was of such enormous advantage to coun tries exporting these articles as to suggest the continuation thereof if reciprocal cipro cal favors should be shown in their xariffa to articles exported by us to their markets great credit to is due mcblaine Mr Blaine for the vigor with which he pressed this thin view upon the country we have only begun to realize the benefit of these trade arrangements work of creating new events and adapting 0 our ur goods to new markets it has necessarily taken time but the re suits already shown are such I 1 am sure as to establish a rule in favor of the policy of upon free importation of such articles as do not compete with the products of our own farms farma mines and factories in exchange for free or favored introduction of our products into their countries the obvious effie scy of this policy in luc increasing the foreign trade of the united states at once attracted the alarmed attention of european trade journals and boards of trade A british board of trade presented that government a memorial asking for the appointment of a commis lon flon to consider the best means of counteracting what to is called the commercial trade of the united states at a meeting in march lost last of the associated chambers of commerce of great britain the president reported that exports from great britain to the latin american countries during last year decreased and this to la due not to temporary causes but direct ly to t the he reciprocity policy of the united states germany and france also have shown a startled appreciation of the fact that a new and vigorous contestant has appeared in the cattle markets and already secured important Hd advantages vantages the most important work of the commercial strength of our position is found in the fact that great britain and spain found it necessary to make special tide agreements with the rest of her west indian colonies and that germany and austria have given us Imper Import tat sat concessions ces in exchange for the continued free importation of their beet sugar product A few details as to the increase in our trade can be given here taking all the countries with which arrangements have been made our trade to june 20 1892 had increased 2878 per cent with brazil the increase was nearl nearly 11 percent per cent with cuba during the first ton tea months our exports increased or per cc n the liberal participation of our farmers farmen in the benefits bene fita of this policy la Is shown by the following report from our consul general at havana under date of july last during the first half year of 1891 havana received bags of hour flour from spain and other parts of the island about an equal amount or approximately bags during the same period havana received bags bage of american flour and other parts approximately an equal amount making about bags baes but for the first half of this year spain slain has sent less than 1000 bags to the whole island and the united states has sent havana hags bags and about an equal amount to other ports of the island Isla iud making approximately for the first half of 1892 partly by reason of the reciprocal trade but more largely by reason of the rpm rum gumval val of the sanitary lestric the american export of pork protects to guinea increased during the ten months ending june last or about 82 per cent THE BRITISH obade JOURNAL of lou lonion jon in a recent issue speaking of the increase of american coal exports to cuba wye saye it Is ie another case came of american competition the united states now supply cuba with about tons tone of coal annually and there is every prospect of this trade increasing aksiuk as the loreeta af the island become exhausted and the use of steam machinery on the estates is developed alabama coal especially is securing a reputation in the spanish west indies and the manufactures manufacture and improvements of the southern states will undoubtedly treats create an important gulf trade the now new reciprocity ty treaty by which the united states are enabled to import cuban sugar will of course boost the american coal ix fx portera porters even more effectually than the now new lines of railway THE democratic PLATFORM promises a repeal of the tariff lair jaw containing this provision and especially denounces as a sham reciprocity that section of the law under which these trade arrangements have been made it if no other issue were involved in the campaign this alone would give it momentous importance are the farmers of the great grain growing states State willing swilling to surrender these them new large and increasing markets for their surplus are we to have nothing in exchange tor for the free importation of sugar and coff coalee ee and at the same time to destroy the sugar planters of the south and the best augar industry of the northwest and of the pacific coast or are we to have the taxed sugar and coffee which a tariff for revenue only necessarily in bolves with the added loss joss of the new markets which have been opened as I 1 have shown our commercial rivals io in europe do not regard this reciprocity policy as a aham 01 0 1 but as a seri fieri ous oun threat to a trade supremacy they have long enjoyed they would rejoice and if prudence did not restrain would illuminate their depressed manufacturing cities over the news that the united states had bad abandoned its system of protection and reciprocity they see very clearly that restriction ol of american products and trade and a corresponding increase or european production and trade would follow and I 1 will not believe that what is so eo plain to them can be hidden from our own people the declaration of the platform in favor of the american doctrine of protection meets my most hearty approval the convention did not adopt a schedule but one principle ili ie to control all the tariff schedules there way may be differences of opinion among protectionists projectionists as to the rate upon particular articles necessary to effect an equalization between wages abroad and at home jn in some not remote national campaigns the issue has been owenj or more correctly has haa been made to appear between u high and low productive tariff both parties professing a solicitous regard for the wages of our working people and for the prosperity of our domestic indus industries but under a more courageous leadership the democratic party has now practically declared that if given I 1 lower ower it will enact a tariff law without any begard to its effect on wages or epou the capital invested in our great industries the ot of the committee on platform to the democratic national convention at chicago contained this clause that when custom house taxation is ie levied upon articles of any kind produced in this country the difference between the cost of labor here and abroad when such a difference exists fully measures any possible benefits to labor and the enormous additional importation of the existing tariff fall with crushing |
