Wadsworth semi-weekly dispatch. [volume] (Wadsworth, Nev.) 1899-1904, 1899-12-22

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established. | think the course pursued
regarding the ratio should be such as
will secure the most favorable support
from the voter.
CONTROL OF THE TRUSTS.
Fourth-As to the trusts, my views
is that State legislation will fail in the
future, as 1t has in the past. to meet
the difficulty. The remedy must be a
federal one, and as broad as the entire
country. The theories entertained by
the Republican party as to the powers
of the federal government enable 1t to
present the remedy, but controlled as
1t is largely by corporate wealth. 1t has
but little disposition to do so.
The Democratic party has the dispo-
sition TO apply a remedy. but its tradi-
tional views with reference to the lin
tied powers of the federal government
and the reserved powers of the States
may prevent it from adopting a COM
prehensive federal measure. My view
is that the regulation of these great
combinations Of capital. whose evils
thus far are more those of apprehen-
sion than realization, can be secured
through publicity Of their transactions
by published reports to some bureau
organized by Congress, which shall
collect the statistical information that
will furnish a guide to legislation, and
through subsequent internal revenue
taxation, so imposed upon the fran
chise and privileges Of corporations
as to compel all corporations to as
sumo some proportion of the burdens
of the federal government, and SO
graduated as to handicap the corpor-
atoms having monopolistic tendencies
in their competition with individuals
who are engaged in enterprises Of like
character. am opposed to lowering
the tariff wall as to trust products.
The substitute in our markets of the
products Of foreign trusts for products
of American trusts simply displaces
American labor to the advantage of
labor. The true remedy is
within the tariff wall. | do not believe
that we can restore American COM
petition by belaborlng American enter
prises with a foreign club.
COMMERCIAL EXPANSION.
Fifth-As to expansion, | believe in
commercial expansion, and am against
territorial expansion, save that har-
monious and legitimate growth which
embraces contiguous continental ter
ritory, and adjacent islands necessary
to the protection Of our coast. In our
scheme Of territorial growth, the Phil
ippines have no part. but they may
well be included in our scheme of COM
mercial expansion. and coaling and
naval stations may we'll be secured
there as a part Of that expansion. Our
action with reference to these islands,
though that possession is disputed: we
have certain obligations to discharge
to civilization and humanity; it is our
duty to restore order and to establish
a staple government founded upon the
consent Of the governed. and It is also
our duty to give to the islands imme-
date assurance of ultimate independ-
ence; but as self-government cannot
be created in a day, it would be a per-
petual reproach to us. under existing
conditions, to Immediately withdraw
our forces and leave the islands to UNI
rest. civil war and anarchy. We have
certain obligations to the civilized
world, and certain obligations to the
Filopinos themselves, to discharge.
After giving the Filopinos assurance Of
ultimate independence, we must our
selves be the judges as to the period of
tutelage. During this period we can