The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1903-07-01
WITHOUT A HITCH.
Continued from Page u

The Republican party will take its
record with it into the campaign of this
year, and it will carry it as an open
book in the campaign of next year. In
all that record there is no history of
fossilization, and upon that will be
based the claim that fossilization does
not await the party in the immediate
future.
I'VE have accomplished something in
behalf of reciprocity, but not much
measured by our desire.
THE Democratic party has been able
to defeat, in the main the application of
that policy in the development of our
trade relations with other countries. The
Democratic party may be able to de-
feat treaties requiring approval by the
senate by a two-thirds vote, but l do
not anticipate that the Democratic par
ty will be able to defeat the policy of
reciprocity.
I would not remove a single safe
guard to American labor. / would not
put out of mind for a moment the ma
terial interests of our increasing armies
of workers. I would not lose sight for
a day of the essential need of suprem-
acy in our own markets. If the policy
of reciprocity is not compatible with
the welfare of the men of the field and
the shop, then to pronounce it twin
of protection, the hand-maiden of pro-
lection the natural complement of
protection is inexcusable misnomer.
L am not unmindful of the fact that
prosperity has come to us beyond the
dream of the st. Louis convention, nor
am I unmindful of the fact that our
industrial and commercial relations at
home and throughout the world have
undergone and are still undergoing
marvellous change, but all this does not
lessen our responsibility.
Il take it in readjusting our econ
omic policy, we cannot wisely ignore the
natural law of competition. Domestic
competition has made us powerful at
home; we cannot wholly cut loose from
competition in the safe pursuit of our
ambition, to lead in the trade of the
world.
but we cannot place our whole de-
pendence on competition, nor can we
invoke competition at will. Because we
cannot do this, some of us are disposed
to feel resentful. We are disposed to
antagonize large corporations and to
believe the worst of them. We say the
law in some way should bring them
down to our level. Not much of benent
to ourselves or to society can be hoped
for on that line. Mighty forces are at
work. and cannot be diverted, to elm
mate competition in the large business
of the country and the world. These
forces are engaged in cheapening the
cost of production and of transporta-
ton. and to that extent, we must agree,
are answering popular demand and fol-
lowing sound economic law. the vast
magnitude of transac tionS, Impossible
CAPITAL of itself precludeS old fashioned
competition. If what we recognize as
competition remains at all. 1t is trans
ferred to the comparative few, with in
terests largely identical and inviting 10
compacts and understanding. We do
not care to destroy or cripple the BUS
mess of these corporations; we want TO
protect the business and at the same
time protect the public welfare Tnus 1t
is that we are compelled to call into
action a reserve power of the govern
ment-the power to regulate. That is
the mower we envoke in dealing with
so-called trusts and monopolies. what
we need to do is to provide protectioh
against abuses. We do not wish to
punish the innocent, but the guilty we
must pursue
1--WE are compelled to admit, as an eco
nomic principle that evils attend compe-
tition as well as combination. The evils
of unbridled competition are many Be
cause this is so labor is organized and for
the same reason capital is organized II
it were desirable it would not be possible
to prevent men from using all the re-
sources at their comm I TO secure ss JUS
their property and to increase their legiu-
mate business gains. Therein is the great
field of competition and whatever else we
may undertake to do, it is to be hoped the
policy of Gripping the energies of men In
that field of competition will not be seri-
In working out this problem there is
yet much to learn on either side, but | am
been made is gratifying, and that 1t at
fords good promise OF adjustment on lines
of enduring and mutual interest
1.-The situation. as it seems to me, must
illustrate to temperate and well ordered
minds the Importance of maintaining a
man of wisdom and high character in the
office of chief executive; and this gives
me confidence that Theodore Roosevelt will
be nominated and elected for full term
in the presidency in his own right. I am
also encouraged to believe that under the
same scrutiny and judgment, the congress
to be chosen next year will be chosen from
the ranks of the Republican party
'tOur flag is the flag of the free and
wherever it is set up, human liberty must
be protected ennobled and expanded.
have that confidence in the American peo-
ple have that confidence in their abil-
ity to govern themselves. l have that con-
fidence in their tact and disposition to
teach the nations that aI-wise and endur-
ing government is founded in righteous
ness
THE TARIFF PLANK.
Senator Allison's tariff-trust plank,
which will be adopted by the conven-
ton is as follows:
I'VE reiterate our faith in the historic
policy of protection. Under it's influence
our country, foremost in the bounties of
nature, has become foremost in produc-
ton. 1t has enabled the laborer to sue
cessfuIly insist upon good wages and
has induced capital to engage in pro-
duction with reasonable hope of