The Montgomery tribune. (Montgomery City, Mo.) 1892-1910, 1904-09-30

against the Northern Securities CON-
pany are oted. and the president says:
such mutually destructive criticisms
furnish an adequate measure Of the
chance for coherent action or construc-
tive legislation II our opponents should
be given power"
Democratic Policies.
on the policies for which the demo
cratic party profess Ia stand the presi-
dent says.
80 much for what u opponots open
y or coyeftly advance In the way Of an
attack on the acts ofthe Administration.
When we como TO consider the policies
for which they pfoitfs 10 stand we are
met With the elmculty always arising
when statements Of policy are No made
nat shey can be- interpreted IN different
ways. On somo u the vital question
that have confronted the American peo-
pie IN the last decade our opponents take
tho position that silence IL the best pos.
slble way 10 convey their views, They
contend that their lubewarm attitude
q partial acquioscrnce IN wha, others
have nccomplishct entities them TO b.
made The custoilans ofthe financial hon
or and commercial Interests which they
have but recently sought 20 ruin"
He reviews the history ~ the repub-
llcan party's efforts 10 establish n staple
national currency. and says:
Until our opponents as a party ex-
pliclty adopt the views which We hold
aud upon which We have acted and are
acting, IN the matter OF n sound cur
rency. the only real way TO keep the
question from becoming unsettled IL
To keep the republican party IN power "
The record ~ the last seven year,
proves that the party now In power can
be trusted 10 take the additional action
necessary TO improve and strengthen
our monetary system. and that our op-
ponents cannot be 20 trusted. The
fundamental fact Is that In a popular
government such as ours no policy Is
irrevocabiy settled by law unless the
people keep In control Of the govern.
ment mon who believe In that policy al
a matter Of deep-rooted conviction.
Laws al always be revoked: II IL the
spirit and the purpose o. those RESPONSE
BILE for their enactment and admins
tration which mus, be ns.d and I'M
~chnngcablo. II Il Idle 10 say that the
monetary standard Of the nation IL IRE
vocably Fixed so long rs the party which
at the last election ems, approximately
20 per cent % the total vote. refuses 20
put In IT, platform any statement that
the question Ia settled A determine
,lon to remain silent cannot be accepted
~ equivalent TO \ rccantntion"
He points 10 the record of the admin
is'rntion In ~ dealings with both CAPT.
tal and labor. and carefully outlines
each step that has been taken for the en-
'orocmeni Of the antitrust laws. and
explains tho need Of such laws on the
national statute books In opposition TO
tho democratic claim that the common
Jaw. a. developed. affords a complete
legal remedy against monopolics." inc
Of this he says;
But there Ia no common law Of the
United States. It's rules can be enforced
only by the state courts and officers. No
federal court or officer could take any
action whatever under them. II was
.nls .ae'' coupled WIN the INABILITY OF
we s",es 70 eohuol trusts and monop-
ones "h'eh 'sd 10 the passage OF the
Ieue'aI STATUTES known Is the sherman
ah'i-''utt act ana the intofstaie com
merce aet, ana " " only throush the
exercise OF ,he powers conferred bj these
ac,s' ahu uy the statutes OF the asst sou
s'ess suppleheh'ins them' ina the ma
uohhl goNefhiheh, acquires ahy lnrisdic-
uon over the subject Tosay ina action
assihA' uuh,s u incorporates should
DO iithi'"d 10 the 'lchtion OF The com-
mon law equivalent 10 salihg thatthe
na'lohsl government should take no ac-
uoh Whatever % regulate them"
Responsible for Trusts Increase.
Continuing on the subject OF trusts
the president says;
Undoubtedly, the multiplication Of
trusts and their Increase In power has
been largely due 20 the failure OF ON.
cials charged with tho duty OF enforc-
ing the law 10 take the necessary pro-
-.