Advertising Is The Life Of Trade.

The Suggestion Of Denying Any Measure Of Their Full Political Rights To Such A Great Group Of Our Population As The Colored People Is One Which, However It Might Be Received In Some Other Quarters, Could Not Possibly Be Permitted By One Who Feels A Responsibility For Living Up To The Traditions And Maintaining The Principles Of The Republican Party. Our Constitution Guarantees Equal Rights To All Our Citizens, Without Discrimination On Account Of Race Or Color. I Have Taken My Oath To Support That Constitution.

Coincident With The Right Of Individual Property Under The Provisions Of Our Government Is The Right Of Individual Property. . . . When Once The Right Of The Individual To Liberty And Equality Is Admitted, There Is No Escape From The Conclusion That He Alone Is Entitled To The Rewards Of His Own Industry. Any Other Conclusion Would Necessarily Imply Either Privilege Or Servitude.

It Is All The More Necessary Under A System Of Free Government That The People Should Be Enlightened, That They Should Be Correctly Informed, Than It Is Under An Absolute Government That They Should Be Ignorant. Under A Republic The Institutions Of Learning, While Bound By The Constitution And Laws, Are In No Way Subservient To The Government.

Good Government Cannot Be Found On The Bargain-counter. We Have Seen Samples Of Bargain-counter Government In The Past When Low Tax Rates Were Secured By Increasing The Bonded Debt For Current Expenses Or Refusing To Keep Our Institutions Up To The Standard In Repairs, Extensions, Equipment, And Accommodations. I Refuse, And The Republican Party Refuses, To Endorse That Method Of Sham And Shoddy Economy.

The Budget Idea, I May Admit, Is A Sort Of Obsession With Me. I Believe In Budgets. I Want Other People To Believe In Them. I Have Had A Small One To Run My Own Home; And Besides That, I Am The Head Of The Organization That Makes The Greatest Of All Budgets, That Of The United States Government. Do You Wonder, Then, That At Times I Dream Of Balance Sheets And Sinking Funds?