legislation should be had as will give ample protection and
encouragement to the industries and the development of our country. It
is, therefore, earnestly hoped and expected that Congress will, at the
earliest practicable moment, enact revenue legislation that shall be
fair, reasonable, conservative, and just, and which, while supplying
sufficient revenue for public purposes, will still be signally
beneficial and helpful to every section and every enterprise of the
people. To this policy we are all, of whatever party, firmly bound
by the voice of the people--a power vastly more potential than the
expression of any political platform. The paramount duty of Congress is
to stop deficiencies by the restoration of that protective legislation
which has always been the firmest prop of the Treasury. The passage of
such a law or laws would strengthen the credit of the Government both
at home and abroad, and go far toward stopping the drain upon the gold
reserve held for the redemption of our currency, which has been heavy
and well-nigh constant for several years.
In the revision of the tariff especial attention should be given to the
re-enactment and extension of the reciprocity principle of the law of
1890, under which so great a stimulus was given to our foreign trade
in new and advantageous markets for our surplus agricultural and
manufactured products. The brief trial given this legislation amply
justifies a further experiment and additional discretionary power in the
making of commercial treaties, the end in view always to be the
opening up of new markets for the products of our country, by granting
concessions to the products of other lands that we need and cannot
produce ourselves, and which do not involve any loss of labor to our own
people, but tend to increase their employment.
The depression of the past four years has fallen with especial severity
upon the great body of toilers of the country, and upon none more
than the holders of small farms. Agriculture has languished and labor
suffered. The revival of manufacturing will be a relief to both. No
portion of our population is more devoted to the institution of free
government nor more loyal in their support, while none bears more
cheerfully or fully its proper share in the maintenance of the
Government or is better entitled to its wise and liberal care and
protection. Legislation helpful to producers is beneficial to all. The
depressed condition of industry on th
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