The Providence news. (Providence [R.I.]) 1891-1906, 1904-10-03
Mr.. DAVIS TALKS
OF ABSOLUTISM
Continued from page Three.

Continued from page Three.
II is admitted that they are being made
for SIS a ton. A few years ago they were
freely sold I'm this country at sl7 ton.
They are now selling at the mills here
for home consumption at s2s a ton, and
for the foreign market at from SIS TO s22
ton. This unjust discrimination against
our people is made possible only by
tariff that on this article is entirely too
high
The average selling price OF a hun
dred articles. taken principally from the
iron and steel list, IL found 10 be about
20 per cent higher in this country than
abroad. Relief from these conditioss Will
only come through the success of the
Democratic party which stands for n
wise, conservative and gradual change
in the tariff laws, which will eaualze
the burdens of taxation and make hon
est competition possible. But in making
such changes its purpose will be to
legisate with n due regard for the labor
and capital involved In Industrial en-
terprises.
TRUSTS.
II Is estimated that there are in the
United States between two and three
hundred combinations OF capital and cor
porate interests, known as trusts, which
have grown up In the last few years
under Republican rule. Some OF them
are so conducted as to be pernioious and
harmful to the general interest With the
power they are able TO exert, they can
lessen competition, control prices and
regulate 10 their own advantage the law
OF supply and demand. Individual ef-
fort is hopeless against such strong
rivals. and the natural right OF all per-
sons TO barter and trade is unnaturally
restricted The effort OF these trusts Is
40 trol nr mn
nopilies. when unrestrained. seem TO pro-
duce conditions which bring about strikes
and disorders, and disturb the business
affairs OF the country.
LOCAL ELF-oovERNMENT
Local self-government that came 10 us
not as the gift OF the national govern
ment, but as the legitimate outcome OF
the reserve powers of the states and OF
the people. is the very corner stone OF
our political structure, and the best as
surance OF liberty regulated by law. IL
can only be maintained by strict observ-
ance or the limitations OF the Federal
Constitution. The Democratic party has
always resisted. and will continue 10 re-
sist the encroachments by the enemies
upon the fundamental right OF the people
OF the several states. All power comes
from the people. and should be sur
rendered only in the interests or the peo-
ple and whenever this power is used
for selfish interests II is not only aNi
abuse. but usurpation.
ARBITRATION.
The declaration in the st. Louis plat
form I'm favor OF arbitration Is one that
appeals TO my sense OF fairness. Nations
and states have employed to advantage
this method OF settling disputed questions,
states have invoked its aid with good re-
suits. and individuals frequently have re-
sort To IL In adjusting questions OF differ
ence. The Hague Tribunal, representing
the sentiment OF conciiation. is the high
est practical expression OF intelligent
thought on this subject The principles
of arbitration are the same, whether
governing I'm the great court OF nations
or applied in the affairs of Industrial life.
It's permanent establishment as a part OF
the Industrial system OF the country. upon
a basis of mutual consent OF all parties
10 n controversy, would insure more |
friendly relations between employer and !
employed. for the interest OF the working
man and the employer IL identical. II |
affords n safe and equitable method OF |
determining differences that may arise, |
and has been called "a reasonable and |
natural mode" OF settling such disputes. |
The spirit OF arbitration is kindred 10 the |
love OF law and order II Is the arbiter |
OF peace instead OF war and makes for |
happiness instead OF sorrow.
REAL ISSUE.
All lovers OF their country must depre- |
cate the habilitation by the Republican |
party OF a disappearing race issue. at |
time when every effort should be made to |
promote rather than retard the progress |
which was Being made in the states where /
slavery had existed. toward kindlier rela-
tions between the two races. The revival |
OF this issue, with all It's attendant evils
must OF necessity retard the development
of the southern states. whose people are |
struggling manfully with conditions left |
by the war, and seriously interferes with
the Industrial progress of both races.
FRAUD IN THE PUBLIC OWNERSHIP.
Peculation and fraud In the public SER
vice under the present administration
especially IN the post office and land de-
partments, reaches such proportions that
knowledge OF the evils practiced became
public property Prosecutions naturally |
followed but thorough and impartial |