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America's President.

The Republican Convention at Chicago has nominated Mr Roosevelt as candidate for the Presidency, and accepted Mr Fairbanks, of Indiana, though lie is little knowm, for the Vice-Presidency. It is clear that the party as a whole approves the President's world-policy, with its developments in the Far East, its expenditure on an increased Fleet and the Panama Canal, and its reassertion of the Monroe doctrine. It must be noted, however, that the attack on Trusts in the "platform" adopted is 'very mild indeed, and that the necessity of maintaining Protection is strongly reasserted. It is declared to be the "cardinal policy" of the party, and its moasure is always to be settled by the difference between the cost'of production at home and abroad. The people, in fact, are to bfl taxed so that foreign competition may be kept out of the home market. That is Chamberlainism, and the popularity of the plan is curious evidence that the American people, for all their shrewdness, are very bad arithmeticians. The fact is the more noteworthy because the agricultural interest, which is the strongest in the Union, is scarcely protected at all.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/TDN19040823.2.17

Bibliographic details
Ngā taipitopito pukapuka

Taranaki Daily News, Volume XLVI, Issue 196, 23 August 1904, Page 4

Word count
Tapeke kupu
191

America's President. Taranaki Daily News, Volume XLVI, Issue 196, 23 August 1904, Page 4

America's President. Taranaki Daily News, Volume XLVI, Issue 196, 23 August 1904, Page 4

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