Presidential addresses and state papers, Volume 3 (of 7)Roosevelt, Theodore
History
Presidential addresses and state papers, Volume 3 (of 7)
Roosevelt, Theodore
Roosevelt, Theodore, 1858-1919; United States -- Politics and government -- 1901-1909
We, on the contrary, believe in the gold standard as fixed by the usage
and verdict of the business world, and in a sound monetary system, as
matters of principle; as matters not of momentary political expediency,
but of permanent organic policy. In 1896 and again in 1900 farsighted
men, without regard to their party fealty in the past, joined to
work against what they regarded as a debased monetary system. The
policies which they championed have been steadfastly adhered to by the
Administration; and by the act of March 14, 1900, Congress established
the single gold standard as the measure of our monetary value. This act
received the support of every Republican in the House, and of every
Republican except one in the Senate. Of our opponents, eleven supported
it in the House and two in the Senate; and one hundred and fifty
opposed it in the House and twenty-eight in the Senate. The record of
the last seven years proves that the party now in power can be trusted
to take the additional action necessary to improve and strengthen our
monetary system, and that our opponents can not be so trusted. The
fundamental fact is that in a popular government such as ours no policy
is irrevocably settled by law unless the people keep in control of the
Government men who believe in that policy as a matter of deep-rooted
conviction. Laws can always be revoked; it is the spirit and the
purpose of those responsible for their enactment and administration
which must be fixed and unchangeable. It is idle to say that the
monetary standard of the Nation is irrevocably fixed so long as the
party which at the last election cast approximately forty-six per cent
of the total vote refuses to put in its platform any statement that
the question is settled. A determination to remain silent can not be
accepted as equivalent to a recantation. Until our opponents as a party
explicitly adopt the views which we hold and upon which we have acted
and are acting, in the matter of sound currency, the only real way to
keep the question from becoming unsettled is to keep the Republican
party in power.
* * * * *
As for what our opponents say in reference to capital and labor,
individual or corporate, here again all we need by way of answer is to
point to what we have actually done, and to say that if continued in
power we shall continue to carry out the policy we have been pursuing,
and to execute the laws as resolutely and fearlessly in the future as
we have executed them in the past. In my speech of acceptance I said:
Public-domain text, read in full here on John Shaqi.
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