The Republican Party, denouncing this plan as sure to produce conditions even worse than those from which relief was sought, promised to restore prosperity by means of two legislative measures: a protective tariff and a law making gold the standard of value. The people by great majorities issued to the Republican Party a commission to enact these laws. The commission has been executed, and the Republican promise is redeemed. Prosperity more general and more abundant than we have ever known has followed these enactments. There is no longer controversy as to the value of any government obligations. Every American dollar is a gold dollar or its assured equivalent, and American credit stands higher than that of any nation. Capital is fully employed, and labor everywhere is profitably occupied. GROWTH OF EXPORT TRADE. No single fact can more strikingly tell the story of what Republican government means to the country than this, that while during the whole period of one hundred and seven years, from 1790 to 1897, there was an excess of exports over imports of only $383,028,497, there has been in the short three years of the present Republican administration an excess of exports over imports in the enormous sum of $1,483,537,094. THE WAR WITH SPAIN. And while the American people, sustained by this Republican legislation, have been achieving these splendid triumphs in their business and commerce, they have conducted and in victory concluded a war for liberty and human rights. No thought of national aggrandizement tarnished the high purpose with which American standards were unfurled. It was a war unsought and patiently resisted, but when it came, the American government was ready. Its fleets were cleared for action; its armies were in the field, and the quick and signal triumph of its forces on land and sea bore equal tribute to the courage of American soldiers and sailors, and to the skill and foresight of Republican statesmanship. To ten millions of the human race there was given "a new birth of freedom," and to the American people a new and noble responsibility. McKINLEY'S ADMINISTRATION INDORSED. We indorse the administration of William McKinley. Its acts have been established in wisdom and in patriotism, and at home and abroad it has distinctly elevated and extended the influence of the American nation. Walking untried paths and facing unforeseen responsibilities, President McKinley has been in every situation the true American patriot and the upright statesman, clear in vision, strong in judgment, firm in action, always inspiring and deserving the confidence of his countrymen. DEMOCRATIC INCAPACITY A MENACE TO PROSPERITY.