Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1904-09-24

Inc American commissioners deslr-
ed to submit the boundary dispute to
inc TWO governments and to proceed
with the consideration of all other
questions, including reciprocity, but
the British commissioners declined to
proceed further while the boundary
remained undetermined. Subsequent
~ 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 It is hoped that the
two governments may be able to agree
IN due course to take up the subject
OF reciprocity with Canada according
to the principles laid down in the re-
publican national platform.
Restricting the Trusts.
The platform appropriately recog-
nizes combinations of capital and labor
as the outgrowth of our economic de-
velopment, 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, which was of
republican origin, in cases where COM
binations have been formed in viola
ton of its provisions The law, which
was regarded as ineffective by dem
ocratic administration, has been in
voked by the President against combi.
nations In restraint of wholesome COM
merce, and it has been upheld by the
courts.
The congress last year enacted a
law to expedite the hearing and deter.
/ m in af jnr of 81, &bn
antitrust and interstate commerce
acts, SO that the ends of justice might
not be defeated by delay It created
the department of commerce and la.
| bor,. with authority to obtain necessa-
1 ry information with respect to the ere.
alton and operation Of corporations
engaged in interstate commerce. It
also amended the interstate commerce
law so as effectually to abolish the
pernicious system of rebates under
which large shippers could crush out
their smaller competitors. These are
Important, practical steps taken by a
I republican president and republican
congress for the protection Of the peo-
pie against the Entertainments of com
bined capital
i Democracy's FalIacious Remedy.
i The democratic party has done moth.
ing toward safeguarding legitimate in.
terests and restraining combinations
effected for extortion or other improper
purposes. It proposes as a principal
RENE dy for unjust combinations to re.
move the tariff from trust made goods,
thereby inviting the foreign producer
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
cious. Trusts are found In free trade
countries and they control commodit.
les in this country which are upon the
free list
The republican party Is more direct
and rational. 1t does not strike down
J good and bad alike. 1t invokes the
authority of congress and the power
Of the courts to deal with specific, well
defined combinations in restraint of the
: rights and interests Of the people. II
is as insistent upon the protection OF
, capital employed in wholesale enter
!, prise as in preventing its use in con
prevention of the public interest.
Gold Standard Upheld.
The convention properly declared Il
TO be the duty of the republican par
], ly to uphold the gold standard" There
is no more important duty than tt
I maintain the stability and the charac
ter of the money of the people. Theil
manifold exchanges should be effected
, in a currency as free from blemish al
the national integrity. The republican
party has been essentially the guardian
of the financial credit of the country
and the steadfast supporter of a SOUND
currency. 1t has maintained the ma
! tional credit and preserved the sound
ness of our monetary system agains
persistent and powerful opposition.
The money question has seemed tt
. be settled at various times, but thu
contest has been revived by the en-
, emies Of sound money whenever the!
!. have thought that they might be sue
: cessful. We should not relax our Wig
!, lance in upholding the integrity of on
currency, SO long as considerable ele
ment of our countrymen are at wa
with it. When democratic candidate
Y cannot hope to win preferment in
a national convention without industrl
d ously concealing their monetary views
. anu WASl uCIlOSl dtlS AoNAOAoi Oil
b state conventions dare not declar
g their faith in the virtue of the gol
r standard, the hour has not arrive
e when the forces of sound money SHOULD
d disband and leave the field.
: Parity Of Currency Preserved.
:. We not only established the gol
!. standard but we provided such safe
4 guards as will maintain our silver an
paper currency at parity with it. Blu
! all of this may be changed at any tim
y by hostile congress, or endangere
! by an unfriendly secretary of the treas
= ury. Our past experience warns u
a that it is only question of time whe
!. those who are always opposed to
8 sound monetary policy will again see
to overthrow it.
}. The republican convention did we
i not only to pledge anew our fidelity
e the gold standard but to declare 1t
J. purpose to uphold "the integrity an
;. value of our national currency" Their
;. should be no equivocation or doubt q
i to our inflexible purpose not only
;. maintain the gold standard but