The Tupelo journal., 1904-06-24

guarantees OF protection to cltlZenS
and subjects of other powers settled in
the Philippines to set the Filipino peo-
pie upon their feet-free and indie
pendent. to work out their deStinies
upon the lines of their W race, traits
and tendencies and local conditions,
as God may give it to them to see their
interests and their destiny. The white
man has no right to superimpose his
civilization by force upon the brown
man in the brown mans country. He
will have enough to do to maintain
the white mans civilization in all
parts of the white mans country,
which is his inherited and inherent
duty. That the Tilipinos can work
out a civilization of their W we have
reason to hope from the lesson which
the kindred races of the Japanese has
taught the world, and, it is no matter
of ours if their civilization shall not
be like ours; that which they may
evolve for themselves may not be the
best in the world, but it will be the
best for them, and far better than any
veneering of ours, u~nassimllable by
them as a race n alien to their ira
t:tions and aspirations.
Ninth-Faithful execution without
executive construction in the courts OF
the country of the laws of the United
States as they are written, and espe-
clally the enforcement without fear or
favor. of the interstate commerce and
antitrust laws-leaving to the legisla-
tive branch of the government the
duty, if need there shall be, of amend
ing all other laws upon the statute
Looks; the enactment of such other
laws as may be necessary to put an
end to unjust rebates n discrlmlna-
tons by one trust or unlawful combl-
nation in interstate commerce to an
other. There should be no favOrltlsm
extended by law to any person, class
of persons, or combination of corpora
lions. nor should any faVOrltlsm be
permitted by the law to be extended to
any person or class of persons by artl-
fetal persons created by the law-its
creatures, therefore, and subject to its
regulation. All that any brave Ameri,
can citizen asks is a fair field and equal
opportunity. Less than that he cannot
ask. no matter how seemingly great
the industrial obstacle which stands
in his way; more than that he will
not permit anybody else to stand IN
possession OF.
~Tenth-The cessation of the existing
Ubiquitous partnership between the
treasury department Of the Federal
government and certain favored ma
tional banks, whereby millions of dol
lars are annually lent to those instl-
tutions, without charge of interest,
and without any prescribed rules OF
determining which particular bank
shall receive special governmental ia
vor. BY this system millions of the
public money are yearly put beyond
the power of immediate or reasonable
collection by the government, unless
with great menace of business dis
turbance and panic the probable, II
! not inevitable, result of any attempt
to collect at all.
Eleventh-The Democratic party
congratulates the country upon the
v%indication of the Democratic conten'
ton for an increased volume OF real
or metallic money in a n &C
ceptable to all Democrats by h ad-
dition to the worlds stock of money
metals of two thousand millions OF
dollars in gold within the past eight
years, from which these United States
have been able to obtain seven hun
dred millions. thereby doubling their
stock of standard money; raising their
circulation per capita from $23 TO S30
and contributing to h a advent OF In
dustrial activity which could not
otherwise have been attained and a
proportionate increase of the worlds
stock of coined silver. The fact that
this result has been reached by nc
action of government, but by h act
| of God through human instrumentali-
ties of discovery and invention does
not lessen our gratitude.
TWelfth-The Democratic party
congratulates the country that it has
no larger amount of outstanding un-
covered paper currency than at pres
ent. Every paper promise to pay by
the government ought to be as safe
as a millionaire's due bill for fifty
cents and that is actually the case
today. and being the case, the Demo
cratic party, like the American peo-
pie. fails to see that the $346,0OO, OOO
of outstanding Treasury notes are
either a burden to the people or a
peril to the country's business inter
ests. Until the interest-bearing debt
of the United States, constituting as
if does an annual burden upon pro-
ductive industry, is paid off and ex'
tincuished, it is idle to grow hyster-
icaI as some of our Republican law-
makers have grown, over the lmme.
date payment" or extinSuishment OF
the non-interest bearing debt OF the
United States represented by treas
ury notes. ,
Thirteen-The gradual reduction OF
revenues of the general government
to an amount adequate to the neeos
of an economical and constltu-
tional administration, plus a safe
working margin for unexpected con-
t~ingencies and emergencies.
Fourteen-We oppose the issuance
of Understanding bonds as long as
the Federal government has money
deposited in the treasury, or in banks,
subject to call, sufficient in amount
TO meet the expenditures necessary
| for the army, navy, and civil govern
ment, and for needed public works
In recalling the demand loans, made
without interest to the banks. II VIII,
however. be necessary to proceed con
| servatively, gradually and with sui
fcient notice, so that the collection
of the governments just debts, ever
though deposited in the banks with
out interest and on call, may not be
followed by panic or too great busl'
ness disturbance.
Fifteen-We favor just and liberal
appropriations for Inauguration OF and
maintenance of needed public works,
especially appropriations in the In
4orort Of chaanar RECONSIDERATION BY