The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-09-18

cult to defend a tariff which enables
trust to exact an exorbitant toll
from the citizen.
CORPORATIONS IN POLITICS.
THE Democratic party makes no
war upon honestly acquired wealth:
neither does it seek to ernbarrass cor
porations engaged in legitimate bust
ness, but it does protest against cor
porations entering politics and at
tempting to assume control of the in
strumentalities Of government. A cor
poration is not organized for political
purposes, and should be compelled to
confine itself to the business described
in it's charter. Honest corporations, en-
gagged in an honest business, will ind
it to their advantage to aid in the en-
actment of such legislation as will pro-
tect them from the undeserved odium
which will be brought upon them by
those corporations which enter the po-
litical arena
INTERSTATE COMMERCE.
THE Republican party has persist
emily refused to comply with the ur-
gent request of the Interstate Com
merce commission, for such an en-
largement Of the scope of the inter
commission TO realize the hopes
aroused by its creation. The Demo-
cratic party is pledged to legislation
which will empower the commission
to protect individuals and communi-
ties from discrimination, and the pub
lie at large from unjust and unfair
transportation rates.
STRAIGHT FOR SILVER.
The platform reiterate the demand
contained in the Chicago platform for
an American financial system made
nv the American people for them
selves The purpose Of such a system
is to restore and maintain bimetallc
level of prices, and in order that there
NAV be no uncertainty as to the meth
cd of restoring timetallism, the speclt-
ic declaration in favor of free and IN
limited coinage az the existing ratio
of 16 to 1, independent OF the action
of other nations, is repeated In 1896
the Republican party recognized the
necessity for bimetaIlism by pledging
the nartv to an earnest effort to Sc
cure an international agreement Tor
the free coinage of silver, and the
president. Immediately after his in
auguration. by authority of congress.
distinguished citizens to visit Europe
and solicit foreign aid. Secretary Hay,
in a letter written to Lord Alderman
in November, 1898, and afterwards pub
Iished in England, declared that at
that time the president and majority
of his cabinet still believed in the great
desirability of an international agree
ment for the restoration of the double
standard, but that it did not seem
opportune to reopen the negotiations
lust then The financial law enacted
less than a year ago contains con-
Guiding section declaring that the
measure was not intended to stand in
the way OF the restoration of bimetal-
ism. whenever it could be done by CO.
operation with other nations. The
platform submitted TO the last Repub-
Ican convention with the Endorsement
of the administration again suggested
the possibility of securing foreign aid
in restoring silver.
REPUBLICAN FALSITY.
Now the Republican party for the
first time, openly abandOns its advOca-
cy of the double standard. and indorses
the monetary system which it has so
often and so emphatically condemned.
The Democratic party, on the contrary,
remains the steadfast advocate of the
gold and silver coinage of the constitu-
ton. and is not willing that other ma
lions shall determine for us the time
and manner of restoring silver to it's
ancient place as a standard money.
The ratio of 16 to 1 is not only the ratio
) now existing between all the gold and
silver dollars in circulation in this
) country a ratio which even the Re
J publican administration has not at
tempted to change, but It is the only
} ratio advocated by those who are seek
\ ing to reopen the minis. Whether the
senate, now hostile to bimetallism. can
( be changed during this campaign or
the campaign of 1902 can only be deter
mined after the votes are counted. but
neither the present nor the future po-
Iitical complexion of congress has pre-
vented or should prevent an announce
ment of the party's position upon this
subject in unequivocal terms.
1.-The currency bill. which received the
sanction of the executive and the Re
publican members of the house and
senate, justif1es the warning given by
the Democratic party in 1896. 1t was
then predicted that the Republican
party would attempt to retire the
greenbacks. although the party and its
leaders studiously concealed their in
tentiOns- That purpose is now plain
and the people must choose between
the retention of the greer backs. issued
and controlled in volume by the gov
eminent, and a national bank note cur
rency issued by banks and controlled
) in their own interests. If the ma
tionaI bank notes are to be secured by
bonds the currency system now sup
ported by the Republican party IN
wolves a permanent and increasing
debt and 50 long as this system
stands the financial classes win be
tempted to throw their powerful infiu-
< ence upon the side of any measure
Z which will contribute to the size and
Z permanency of a national debt 1t is
hardly conceivable that the American
people will deliberately turn from the