The Columbia herald. [volume] (Columbia, Tenn.) 18??-1935, 1904-07-15

OF ascertained corruptionists without fear
or favor or regard 10 persons. The per-
sistent and deliberate refusal OF both tne
! senate and house OF representatives 70
hermit such investigation to be made by
/ either branch OF congress demonstrates
that only by change IN the executive
and In the house Oh rsppessnta.an ,d c ssii
complete exposure, punishment ana cor
rection be obtained.
\ Gin broader furtherance of that end the
federal government should not permit IL
tracts with convicted trusts or unlawful
! combinations in restraint OF interstate
trade existing in violation OF law. we
believe that one of the best methods OF
procuring economy and honesty In the
public service is to have pubic officials,
from the occupant OF the White Rouse
| down to the lowest of them, return, as
nearly as may be, to Jeffersonian sim
plicity of living.
Presidential Recommendations.
az We favor the nomination and cleo
| ton of a president trained Al the ways OF
| the constitution, who shall set his face
| sternly against executive usurpatlon OF
| legislative and judicial functions, whether
| that usurpation be ruled under the guise
| of executive construction of existing
| laws or whether it take refuge IN the
tyrant's pleas of necessity OF superior
"a The democratic party has been,
and will continue to be, the consistent
opponent of that class OF tarin Legislation
4
mitted, through congressional favor, to
| draw a heavy tribute from the American
F, people. This monstrous perVerslon OF
| those equal opportunities, which our po-
! litical institutions were established TO Sc
| cure, has caused what may. once have
been infant industries to become the
greatest combinations of capital that the
| world has ever known These publicly
| favored enterprises have. through trust
| methods, been converted into monopolies,
| thus bringing to an end domestic COM
| petition, which was the only check upon
| the extravagant profits made possible BY
| the protective system. These industrial
| combinations, by the financial assistance
! they can give, now control the policy OF
| thu republican party.
/ We favor a wise, conservative and
| businessike revision and a gradual re-
duction of the tariff by the friends of the
masses and for the common veal, ana
not by the friends of Its abuses, its ex-
| tortions and its Determinations. keeping
| In view the ultimate end Of equality OF
burdens and equality OF opportunities,
and the constitutional purpose of raising
revenue by taxation, to-wlt. the sup ,ps
Integrity and virility, but in simplicity;
and keeping also in view, as men of COM
mon sense should, existing conditions,
however wrongfully, mistakenly or UNI
justly brought about, and the. danger to
the cause of tariff reform itself of abrupt
and revolutionary reversal of policy.
I'VE should bear in mind, in short, these
two things: ID The general principle that
the sole derivation OF the power OF tax
alton is the supper, of the federal gov,
ernemnt economealily effectively ana t
the equal truth tina in the assertion OF
any general principle and in reaching
AIRY ultimate end. however sacred and
los ically unavoidab,,, due regard. but
only due regard mu t and should be PAID
to actual existing conditions
1--WE favor the re 'uction of tarih tan
points where foreign competition may en-
ter the American market whenever trusts
and combines, seeking monopoly, raise
their prices to the American consumer
above a reasonable and just profit, by
su I'll reduction depr.ving trusts and mo
nopolies of the power to extort from tne
lean law, prices higher than those charged
foreigners for Identical articles.
The Isthmis,n Canal.
sour party having long and earnestly
advocated the construction of interoceanic
canal for the purpose of national defense
ard commerce between the states and
with foreign nations. we favor the eaiy
But while making this declaration and
accepting the results as an accomplished
and irreversible fact, we can not TOO
forcibly express our disapproval of the
methods by which, in disregard Of the
usages and obligations of international
law and treaty obligations. the canal
record our hope that this precedent OF
de liant diplomacy may never be USED
against us to our humiliation and injury.
trusts and Unlawful Combinations.
I'VE recognize that the gigantic trusts
and combinations designed to enable cap
itai to secure more than it's just share OF
he joint product of capital and labor, and
which have been fostered and promoted
under republican rule, are menace to
beneficial competition and an obstacle to
permanent business prosperity.
w e demand the vigorous and impartial
enforcement of the laws already made to
prevent and control such trusts and COM
binations, and we favor such further leg
isiation in restraint thereof as experience
shows to be necessary.
Corporations chartered by authority OF
the people must forever remain subject
to regulation in the interest of the people.
"A private monopoly Is indefensible and
into lerable. We recognize the right of
,ap.tal in all legitimate. lines of enter
).ise to combine for the increase of BUSH
.less, for charging productive capacity,
and for decreasing the cost of production.
Jut when such combination in its pur-
pose, or effect, creates, or tends to cree
ate monopoly In It's productions. 70 re-
strain trade, or to stifie competition; to
increase cost to the consumer or to con-
,ur laws, becomes inimical to public well
fare and peace. and should be so regu-
ated controlled or prohibited by law
IS 10 amply protect the public interests
Illegal combinations be intrusted to the
democratic party, which Is not response
BILE for their existence and which has
ever protested against their continuance
I'VE condemn the republican system of
legislation under which trust monopolies
are enabled to exact higher prices for
their manufactured products from our
own people than they sell them for
abroad.
I'VE demand an enlargement of the
powers Of the interstate commerce COM
ission. to the end that the travelling
pubic and shippers Of this country may
have prompt and adequate relief for the
abuses they are now subjected to In. the
matter of transportation.
Monroe Doctrine.
I'VE favor the maintenance OF the Mon
roe doctrine In Ats full integrity.
I'VE favor liberal trade treaty with
Canada.
Army and Navy.
I'VE favor the reduction of the army
md of army expenditures to the point hiss
torically demonstrated to be safe and
sufficient We favor the maintenance and
iperal annual Increase of the navy as our
oest defense In our isolated continental
condition against foreign foe, and a,
source OF no possible danger to our liber-
Ties as a people.
Capital and Labor.
I'VE favor the enactment and adminiar-
tration Of laws, giving labor and capital
mi a NJ la hot rtt, al