The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1900-07-10

istration in return for campaign sub
scriptions and political support.
We pledge the Democratic party to
an unceasing warfare in Nation,
State and city against private mo-
nopo1y in every. form.
ENFORCE ANTITRUST LAWS.
Existing laws against trusts must
be enforced and more stringent ones
must be enacted providing for pub
lefty as to the affairs of corpora
tions engaged in Interstate com
me and requiring all corporations to
show, before doing business outside
of the State of their origin, hat they
have no water in their stock
and that they have not attempted
and are not attempting to monopo-
lie n branch of business or the
production of any articles of mer-
chandise, and the whole cOnstitu-
tional power of Congress over Inter
state commerce, the malls and all
modes of interstate communication
shall be exercised by the enactment
of comprehensive laws upon the sub
iect of trusts. Tariff laws should be
amended by putting the products of
trusts upon the free list to prevent
monopoly under the plea of protec-
ton.
The failure of the present Republi-
can administration, with an absolute
control over the branches of the
National Government, to enact any
legislation designed to prevent or
even curtail the absorbing power of
trusts and illegal combinations, or
to enforce the anti trust laws already
on the statute books, prove the in
sincerity Of the high-sOunding
phrases of the Republican platform.
Corporations should be protected
in all their rights and their legiti-
mate interests should be respected,
but any attempt by corporations to
interfere with the public affairs of
the people or to control the sover
eighty which creates them, should
be forbidden under such penalties as
will make such attempts impossible.
We condemn the Dingley ta-iff as
a trust breeding measure, skillfully
devised to give the few favors which
they do not desire and to place upon
the many burdens which they should
not bear
We favor such an enlargement of
the scope Of the Interstate Com
merce law as will enable the COM
mission to protect individuals and
communities from determinations
and the public from unjust and IN
fair transportation rates.
THE SIXTEEN TO ONE PLANK.
We re-affirm and endorse the Drin-
ciples of the National Democratic
platform adopted at Chicago in 1896,
and we ~reiterate the demand Of that
platform for an American financial
system made by the American people
for themselves which shall restore
and maintain a bi-metallic price level
as part of such system, the immedi-
ate restoration of the free and I'M
limited coinage of silver and gold at
the present legal ratio of Is to /
without waiting for the aid or con-
sent of any other nation.
We denOunce the currency bill en-
acted at the last session of Congress
as a step forward in the Republican
policy which aims to discredit the
sovereign right of the National Gov
eminent to issue all money whether
coin or paper, and to bestOw upon
National banks the power to issue
and control the volume Of paper
money for their own benefit. A per
manent National bank ren
secured by government bonds, must
have a permanent debt to rest upon
and if the bank currency is to in
e a with population and business,
the debt must also increase. The
Republican currency scheme is there
fore q scheme for fastening upon the
taxpayers a perpetual and growing
debt for the benefit of the banks. We
are opposed to this private corpora
ton paper, circulated as money but
without legal tender qualities, and
the retirement of the bank notes as
fast as this government paper or sill
e certificates can be substituted
for them.
0 DIRECT LEGISLATION, SENATORS BY
DIRECT VOTE.