Protection and reciprocity are twin measures of Republican policy, and go hand in hand. Democratic rule has recklessly struck down both, and both must be re-established. Protection for what we produce; free admission for the necessaries of life which we do not produce; reciprocity agreements of mutual interests which gain open markets for us in return for our open market to others. Protection builds up domestic industry and trade, and secures our own market for ourselves; reciprocity builds up foreign trade and finds an outlet for our surplus.
We condemn the present administration for not keeping faith with the sugar-producers of this country. The Republican party favors such protection as will lead to the production on American soil of all the sugar which the American people use, and for which they pay other countries more than $100,000,000 annually.
To all our products—to those of the mine and the fields, as well as those of the shop and factory; to hemp, to wool, the product of the great industry of sheep husbandry, as well as to the finished woollens of the mills—we promise the most ample protection.
We favor restoring the early American policy of discriminating duties for the upbuilding of our merchant marine and the protection of our shipping in the foreign carrying trade, so that American ships—the product of American labor, employed in American shipyards, sailing under the Stars and Stripes, and manned, officered, and owned by Americans—may regain the carrying of our foreign commerce.
The Republican party is unreservedly for sound money. It caused the enactment of the law providing for the resumption of specie payments in 1879; since then every dollar has been as good as gold.
We are unalterably opposed to every measure calculated to debase our currency or impair the credit of our country. We are, therefore, opposed to the free coinage of silver, except by international agreement with the leading commercial nations of the world, which we pledge ourselves to promote, and until such agreement can be obtained the existing gold standard must be preserved. All our silver and paper currency must be maintained at parity with gold, and we favor all measures designed to maintain inviolably the obligations of the United States and all our money, whether coin or paper, at the present standard, the standard of the most enlightened nations of the earth.
The veterans of the Union armies deserve and should receive fair treatment and generous recognition. Whenever practicable, they should be given the preference in the matter of employment, and they are entitled to the enactment of such laws as are best calculated to secure the fulfilment of the pledges made to them in the dark days of the country’s peril. We denounce the practice in the Pension Bureau, so recklessly and unjustly carried on by the present administration, of reducing pensions and arbitrarily dropping names from the rolls, as deserving the severest condemnation of the American people.
Our foreign policy should be at all times firm, vigorous, and dignified, and all our interests in the Western Hemisphere carefully watched and guarded. The Hawaiian Islands should be controlled by the United States, and no foreign power should be permitted to interfere with them; the Nicaragua Canal should be built, owned, and operated by the United States; and by the purchase of the Danish islands we should secure a proper and much-needed naval station in the West Indies.
The massacres in Armenia have aroused the deep sympathy and just indignation of the American people, and we believe that the United States should exercise all the influence it can properly exert to bring these atrocities to an end. In Turkey, American residents have been exposed to the gravest dangers and American property destroyed. There and everywhere American citizens and American property must be absolutely protected at all hazards and at any cost.
We reassert the Monroe Doctrine in its full extent, and we re-affirm the right of the United States to give the doctrine effect by responding to the appeal of any American State for friendly intervention in case of European encroachment. We have not interfered and shall not interfere with the existing possessions of any European power in this hemisphere, but those possessions must not on any pretext be extended. We hopefully look forward to the eventual withdrawal of the European powers from this hemisphere, and to the ultimate union of all English-speaking parts of the continent by the free consent of its inhabitants.