The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-08-16

I ton of the hopes and aspirations of
those who have been ground down by
the interest gatherer. 1t is ait once Il
promise and prophecy for the future.
Its declaration upon the financial. ques-
ton is so clear that there is no mis-
understanding 1t is so strong that it
he's forced the issue to the front. 1t is
SO cirnely and so bold that it has car
ried dismay into the camp of the en-
envy. Upon other questions. vitally af-
fecting the people and directly connect
ed with that of finance, it is equally
srtTong and satisfactory. A brief review
will demonstrate the correctness of this
assertion.
BONDS IN TIMES OF PEACE.
III forceful language it denounces the
policy that has been followed by the
present administration OF giving, to
the holders of bonds, the right to
choose the money metal in which those
bonds shall be paid. 1t denounces the
issuance of bonds in time of peace and
holds up TO eXecration the traffic in
national evidences of Indebtedness and
the control of our financial affairs by
syrdtcates and national pawnbrokers.
It declares the time-honored Demo-
cratic doctrine, that the government
alone has the power to coin and issue
money, and demands that the power to
issue money, by national banks, shall
be taken from those corporations.
THE TARIFF.
We especially congratulate the Demo-
Gratis of Utah, that the tariff plank is
the work of its own delegation, and
that it states the true Democratic doc
trine upon that subject. I'VE hold,
reads the platform, that tariff should
be levied for the purpose of revenue,
such duties to be so adjusted as to oper
ate equally throughout the country,
and rot discriminate between classes
or sections" Duties can only be levied
under the constitution for the purpose
OF revenue. They are a, necessity, for
the government na5lsr be Supported. 1t
is not possible, therefore, that there b.
free trade. Nhen levied, these duties
carry with them incidental protection.
II rightly levied, without discriminating
between classes or sections, the protec-
ton thus secured is sufficient and all
that should be asked. The trouble with
our tariff schedules mas been, that the
strip of country lying east of the Allie
gheny mountains has received the bene-
fits and the fruits of protection and the
great west has constantly been paying
tribute to the people of the Atlantic
lie US-
mandS that this shall stop. 1t means
that the wool growers and the lead
miners and the toifers Ct the west Shall
not be Disseminated against in favor
OF the manufacturers of the east. 1t
means equality 1t means Equal
rights to all and unjust privileges for
none" No man should ask for higher
tariff duties than che needs of the
government require. No one should ask
for more protection than that which
incidentally flows from a tariff adjusted
as the platform demands. The objec-
ton cannot be truthfully raised that
the Democratic party is a free trade
parry, and the position that it has
taken upon THIS economic question
should and will satisfy al who take
the trouble to investigate and who will
compare its clear and satisfactory
statement with the juggle of words
constituting the Republican plank upon
this point. We offer a tariff policy
thoroughly Democratic, thoroughly
American, and our candidate for presi-
dent gives it his full endorsement.
AN INCOME TAX.
Capital brushes down the debtor for
the last penny of its interest. It de-
mands his home, ii wakes his bed, II in
exoraIbly insists upon it's. pound of
flesh. Capital is projected by the gov
ernGnerlt and it should bear it's just
proportion of the expense. But, capt
tai is dishonest 1t is tax dodger. The
poor man with his home and his cow
is easily found by the tax gatherer. The
rich man with his millions sulks and
hides.
The Democratic party enacted a law
compelling the wealthy to pay from
their incomes portion for govern
mental expenses. The supreme court of
the United States declared that law
unconstitutional. 1t was certainly g.
just law, and it was 10y no means an ex-
pertinent. England assesses a tax
upon incomes of 2 per cent; Prussia, 4
per cent: Switzerland, 8 per cent;
Italy, u per cent, and Austria, 20 per
cent. With relation to the income tax
law, the platform says:
Until the money question is settled
we are opposed to any agitation for
further changes in our tariff laws. ex-
cept such as are necessary to meet the
deficit in revenue caused by the adj
verse decision of the supreme court.
But for the decision of the supreme
court there would be no deficit in the
revenue under the law passed by
Democratic congress, in strict pursu-
ance of the uniform decisions of that
court for nearly one hundred years,
that court having, under that decision,
sustained constitutional objections 10
its enactment which had been over
ruled by the ablest judges, who have
ever sat upon that bench. We declare
that it is the duty of congress to use
all the constitutional power which re-
mains after that decision or which
may come from its reversal by the
courts, as it may hereafter be consti-
tuted, so that the burdens of taxation
may equally and impartially be di-
vided, to the end that we all may bear
due proportion of the expenses of the
government.
It is urged by the gold standard peo-
pie that this plank is fierce and I'M
justifiable criticism of the supreme
court and that the doctrine is anarch-
istical The supreme court is an in
stitution of the people, subject to crit
icism by the people. It's members
should understand that, after all, they
are no greater than their creators.
Hon. Charles A. Kent, for eighteen
years a law professor of Michigan uni
versity, commenting upon the legal
tender decisions, says that they must
probably be traced to the political
views of the judges" and he says:
Judges do not lose their political