Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1904-09-22

tiOnS, including reciprocity, Dul tH-
British commissioners declined to pro-
coed further while the boundary re-
manned undetermined. Subsequently
the boundary commission was created
and the boundary line has been set
tied. but no agreement has been
reached for further consideration OF
the remaining questions embraced IN
the protocol. 1t is hoped that the TWO
governments may be able to agree IN
due course to take up the subject OIL
reciprocity with Canada according 10
the principles laid down in the Re-
publican national platform.
| The platform appropriately recos-
nizes combinations of capital and lapor
as the outgrowth of our economic ue-
v-lopment, and as entitled to the equal
protection and subject to the like re-
strictions of the law.
The administration has enforced the
Sherman antitrust Act, when WAS ol
Republican origin, in cases Where CUM
bjnations have been formed in violation
of it's provisions. The law, when was
regarded as ineffective by Deiiio
cratic administration has peeh III
yoked by the President against COM
binations in restraint OF Whoiesolne
commerce, and it has been upheld Dy
the courts.
The Congress last year enacted
law to expedite the hearing ana deter
mination of suits arising under the
antitrust and Inter- State commerce
| Acts so that the ends of justice might
not be defeated by delay. 1t created
Tho d.nartment of commerce and labor,
with authority to obtain necessary IN
formation with respect to the creation
and operation of corporations ehsased
| in Interstate comerce. II ALSO
amended the Interstate commerce law
| so AS effectually to abolish the perhlcl-
ous system of rebates under when
large shippers could cruch their smaller
| connections. These are important,
practical steps taken by Il Republican
| President and Il Republican Congress
| for the protection of the people against
the encroachments of combined capital.
The Democratic party has done moth
ing towards safeguarding legitimate
| interests and restraining combinations
| effected for extortion or other improper
| PURPOSES. 1t proposes as II principal
| remedy for unjust combinations to re-
| move the tariff from truSt-made goods
to occupy our home market in an at
| tempt to regulate our own industries.
1t has assumed that the so-called
| trusts are either created or fostered
by the tariff. The assumption is falla-
cinus Trusts are found in free-trade
countries and they control commodities
, in this country which are upon the free
list.
The Republican party is more direct
and rational. 1t does not strike down
good and bad alike. 1t invokes the iiu-
thority of Congress and the power of
the courts to deal with specific, we'll
defined combinations i'm restraint of the
rights ANA interests of the people. 1t
is as insistent upon the protection of
n capital employed in wholesome enter-
!. prise as in preventing its use in CON.
1 travention of the public interests.
t The convention very properly de-
| clared it. ito be the duty of the Repub-
'. lican party to uphold the Gold STAN
u dArd. There is no more important
duty than to maintain the stability and
the character of the money of the peO-
y pie. Their manifold exchanges should
he effected in Il currency as free from
o bl"msh as tn" national integrity The
Y Republican party has been essentially
n the guardian of the financial credit of
IL the country, and the steadfaSt support
l. or of a sound currency. 1t has main-
l. tanned the national credit and pre-
'e served the soundness of our monetary
ie system against persistent and power
y full opposition.
/ The money question has seemed to
!" be settled ut various times, but the
contest has been revived by the ene-
i mics OF sound money whenever they
,e have thought that they might be sue
i" ceSSful. We should not relax our Wig
ilanca in UNFOLDING the integrity of OuI
10 currency SO long as a considerable ele-
ment of our country are ut war with it
ia When Democratic candidates cannot
hope to win preferment in II national
'e convention without industrihuSly con-
" cealing their monetary views. and whcl
IA Democratic national and state conven-
" tions dare not declare their faith in the
'c virtue of the gold standard the hour
TO has not arrived when the forces OF
sound money should disband and leave
the field.
We not only established the gold
standard but we provided such safe
|
:, paper currency ut Il parity with it. But
- all of this may be changed at any time
- by II hostile Congress. or endangered
by an unfrendly Secretary Of the
!, Treasury. Our past experience warns
- us that it is only Il question of time
when thOs- who are always opposed t.
- Il sound monetary policy will agail
seek to overthrow it.
=, The Republican convention did wei
not only to pledge anew our fidelity t
the gold standard. but to declare its
=, purpose to uphold the integrity ano
=. valu" of our national currency" There
30 should be no cIuiVOcation or doubt as
&c to our intlcXible purpose, not only tc
80 maintain the gold standard. but to keel
y, all silver and paper currency at a pari.
:, ty with it.
IS The assumption that the gold stan
r darl is 'irrevOcahly established" doe:
l. violence to the law. 1t was established
10 by an Act of Congress. but the Con.
80 greSs may alter. amend or appeal thai
d act at any time. 1t is no more irrevo-
l. Cably established than are our tariff