AMERICAN PRESIDENCY.

New Zealand Herald, Volume XLI, Issue 12609, 25 June 1904, Page 5

AMERICAN PRESIDENCY.

republican party's POLICY. . - REAFFIRMS PROTECTIONIST PRINCIPLES, MR. * ROOSEVELT * UNANIMOUSLY SELECTED. By TBlegtftph.»=;Preß* Association.—Copyright. ; . :' 3 ~ New York, June 23. > The Republican National Convention at Chicago has passed resolutions insisting upon the maintenance of protection As the cardinal policy of Republicanism, arid declaring . thab the measure of protection should always be at least equal to the difference in the cost of production at home and abroad. This is considered a victory for the extreme Protectionists, and a renunciation of Mr. Roosevelt's pledge to pursue Mr. McEinley's policy of modifying the duties. The Convention has endorsed the policy of commercial reciprocity wherever reciprocal arrangements are possible, consistent' with the principles Of protection. It favours the building up of & mercantilemarine and a powerful navy, and the maintenance of the Monroe Dbc* trine; the exclusion Of the Chinese ; pension list reduction; ■: negro representation ; and the prevention of 'thecoinbihations of / capital aiid, of labour infringing the rights of the people. ■;. ■ ; .;V. :'.--:■': ,' Senator Fairbanks has been nominated as Vice-President against the wish Of Mr. Roosevelt. /' *' * ' (■Received June 25, 1.3 a.m.) ■ • New York, June ' 84. ) f When Mr. Roosevelt was proposed for the Presidency at the Chicago Republican Convention : the cheering lasted for twenty minutes. • His nomination was adopted by the rollcall unanimously. ■,' , 1 ,