5. Against the so-called economical system of the Democratic party, which would degrade our labor to the foreign standard, we enter our most earnest protest. The Democratic party has failed completely to relieve the people of the burden of unnecessary taxation by a wise reduction of the surplus. 6. The Republican party pledges itself to correct the irregularities of the tariff and to reduce the surplus, not by the vicious and indiscriminate process of horizontal reduction, but by such methods as will relieve the taxpayer without injuring the laborer or the great productive interests of the country. 7. We recognize the importance of sheep husbandry in the United States, the serious depression which it is now experiencing, and the danger threatening its future prosperity; and we therefore respect the demands of the Representatives of this important agricultural interest for a readjustment of duties upon foreign wool, in order that such industry shall have full and adequate protection. 8. We have always recommended the best money known to the civilized world, and we urge that an effort be made to unite all commercial nations in the establishment of an international standard which shall fix for all the relative value of gold and silver coinage. 9. The regulation of commerce with foreign nations and between the States is one of the most important prerogatives of the General Government, and the Republican party distinctly announces its purpose to support such legislation as will fully and efficiently carry out the constitutional power of Congress over interstate commerce. 10. The principle of the public regulation of railway corporations is a wise and salutary one for the protection of all classes of the people, and we favor legislation that shall prevent unjust discrimination and excessive charges for transportation, and that shall secure to the people and to the railways alike the fair and equal protection of the laws. 11. We favor the establishment of a national bureau of labor; the enforcement of the eight-hour law; a wise and judicious system of general education by adequate appropriation from the national revenues wherever the same is needed. We believe that everywhere the protection of a citizen of American birth must be secured to citizens by American adoption, and we favor the settlement of national differences by international arbitration.