In the meanwhile the war debts have been reduced another 25 percent by going off the gold standard. in spite of the Democraticplatform pledge to preserve a sound currency at all hazards. Europe has been informed by Messrs. Hull and Norman Davis that America will surrender her protective tariff. both of whom propose to tear down our tariffs and thus open wide the floodgates of cheap European and Asiatic goods to create further unemployment in the United States. The Republican Party. although not invited to participate in the Washington conferences. stands on international issues where it has always stoodagainst international alliances and entanglements. and places the safety and interests of the United States first. last. and all the time. The Republican Party is opposed to entrance into the League of Nations or to giving the President power to place embargoes against an aggressor nation. which would destroy the timehonored neutrality policy of our country proclaimed by George Washington in 1793 and adhered to since then by every President.