Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1904-09-13

they radically differ and men may con
fess change of faith without compro-
missing their honor or their self-re-
spect. But it is difficult to respect an
attitude of mind such as has been fair
ly described above; and where there
is no respect there can be no trust. A
policy with so slender basis of prin
ciple would not stand the strain of a
single year of business adversely.
Republican Policies.
eve. on the contrary, believe in the
gold standard as fixed by the usage
and verdict of the business world, and
in a sound monetary system as mat
tiers of principle; as matters not of
monetary political expediency but of
permanent organic policy. In 1896
and again in 1900 far-sighted men,
without regard to their party fealty in
the past, Joined to work against what
they regarded as debased monetary
system. The policies which they
championed have been steadfastly adj
hered to by the administration; and
by the act of March IA, 1900, congress
established the single gold standard
as the measure of our monetary value
This act receivea the support of every
republican in the house. and of every
republican except one in the senate
OF our opponents, eleven supported it
in the house and two in the senate
and one hundred and fifty opposed it
in the house and twenty-eight in the
senate. The record of the last seven
years proves that the party now in
power can be trusted to take addition
al action necessary to improve and
strengthen our monetary system, and
that our opponents cannot be so
trusted The fundamental fact is
that in popular government
such as ours no policy is IT.
revocably settled by law unless
the people keep in control of the gov
eminent men who believe in that pol
icy as matter of deep-rooted conyic,
ton. Laws can always be revoked;
it is the spirit and the purpose of those
responsible for their enactment and
administration which must be fixed
and unchangeahle.I is idle to say that
the monetary standard of the nation
Is irrevocably fixed so long as the par
ty which at the last election cast ap-
proximately 46 per cent Of the total
vote, refuses to put in it's platform
any statement that the question is set
tied. A determination to remain ST.
lent cannot be accepted as equivalent
to recantation Until our opponents
as party explicitly adopt the views
which we hold and upon which we
have acted and are acting, in the mat.
ter of a sound currency, the only real
way to keep the question from becom-
ing unsettled is to keep the republican
party in power
Capital and Labor.
GAS for what our opponents say in
reference to capital and labor, individ,
ual or corporate. here again all we
need by way Of answer is to point to
what We have actually done, and to
say that if continued in power we
shall continue to carry out the policy
we have been pursuing, and to exc
cute the laws as resolutely and fear,
lessly in the future as we have execut
ed them in the past. In my speech OF
acceptance / said
1--WE recognize the organization OF
capital and the organization of labor
as natural outcomes of our industrial
system. Each kind Of organization Is
to be favored SO long as it acts in 8
spirit of justice and Of regard for the
rights of others. Each Is TO be granted
the full protection of the law. and each
in turn is to be held to strict obedi
| ence to the law; for no man is above
| 1t and no man below 1T. The humblest
individual is to have his rights safe
guarded as scrupulously as those OF
the strongest organization, for each Is
to receive Justice, no more and ne
less. The problems with which we
have to deal in our modern industrial
and social life are manifold but the
spirit in which it is necessary to ap
preach their solution is simply this
spirit of honesty, Of courage, and o.
common sense.
The Control of Trusts.
1.-THE action of the encouragement
in enforcing the antitrust and inter
state commerce laws, and the actor
of the last congress in enlarging the
scope of the interstate commerce law
and in creating the department o
commerce and labor, with bureau o
corporations. have for the first time
opened chance for the national gov
eminent to deal intelligently and ade
quately with the questions affectin:
| society, whether for good or for evil
because of the accumulation of capita
in great corporations. and because o
the new relations caused thereby
| These laws are now being administer
ed with entire efficiency; and as, II
their working, need is shown TO
amendment or addition to them,-
whether better to secure the prope
/ publicity, or better to guarantee tn,
rights of shippers. or in any other di
rectlon--this need will be met. 1t il
now asserted that the common law
as developed, affords complete lega
remedy against monopolies.' Blu
there is no common law of the Unite,
States. Its rules can be enforced onl.
/ by the state courts and officers. NJ
federal court or officer could take an.
action whatever under them. 1t wa
this fact. coupled with the inability o
the states to control trusts and nc
nopolies, which led to the passage o
the federal statutes known as til
Sherman antitrust act and the inter
state commerce act; and 1t Is onl
I through the exercise of the power
conferred by these acts, and by tn
1 statutes of the last congress supple