Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1904-09-22

nN IN .tl@ &c AVER 70 .lsssI Nas,
and operation Of corporations engaged
I'm Interstate commerce. II also amend
ed the Interstate commerce Jaw go as
etectually 10 abolish the pernlcious
system Of rebates under which large
shippers could crush their smaller
comeptitors, These are important.
practical steps taken by "a Republican
president and "a Republican Congress
for the protection " the people against
the encroachments Of combined cnpitnl.
Tho Democratic party has done
nothing toward safeguarding leeiti-
mate interests and restraining COM
binntions effected FOR cXtortiou on 9TH
or Improper purposes, II proposes as q
principal remedy for unjust Combiua-
lions to remove the tariff from irust-
made gods, thereby inviting the foreign
producer 10 occupy our home market
IN an attempt N regulate our own m
dustrics, II has assumed that the So
called trusts are other created or fos-
tered by tho tariff. Tho assumption is
fallacious. Trusts are found In free
trade countries, and they control COM
modities IN this country which are up
on the free list.
The Republican party IL more direct
and rational, II does not strike down
good and bad alike, II inyokes the au-
thority OF Congress and the power Of
the courts TO deal with specific, we'll
defined combinations I'm restraint q the
rights and interests Of the people. II
Is as insistent upon the protection Of
capital employed In wholesome enter
prise as In preventing It's use In con-
ardYention Of the public interests.
GOLD STANDARD.
The convention very properly de-
clared Il TO be the duty Of the Repub-
lican party to uphold the gold stand
ard There Is no more important duty
than TO maintain the stability and tho
character OF the money Of tho people.
Their manifold exchanges should he ef-
fected I'm a currency as free from blem-
ish az the national integrity. The Re-
publican party has been essentially the
guardian Of the financial credit OF the
country, and the steadfast supporter OF
a sound currency. II has maintained
the national credit and preserved the
S%oundncss Of our monetary system
against persistent and powerful op-
position,
The money question has seemed to
be settled at various times, but the
contest has been revived by the cne-
mics Of sound money whenever they
have thought that they might he sue
cessful, We should not relax our Wig
lance In upholdlng the integrity Of u
currency no long as Il considerable elc-
ment Of our country are at war with
Il. When Democratic candidates can.
not hope TO win preferment IN a ma
tional convention without Industrious
~ c0nceallng their monetary views.
and when Democratic national and
state conventions dare not declare their
faith IN the virtues of the gold stand
ard, the hour 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
guards as viii maintain our silver and
paper currency at a patty with a.. But
all OF this may be changed at any time
by a hostile Congress, or endangered
by an unfrlendly secretary Of the treas
ury, our past experience warns us that
II is only a question Of time when those
who are always opposed TO a sound
monetary policy will again seek 10
overthrow Il.
The Republican convention did well
not only to pledge anew our fidelity TO
the gold standard, but TO declare its
purpose 10 uphold the integrity and
value Of national currency" There
should be no equlvocatlon or doubt az
to our inHeXible purpose. not only 10
maintain the gold standard. hut to keep
all silver and paper currency at a part.
~ with Il.
The assumption that the gold stan
dard IL ~"irreyocably established" does
violence 10 the law. II was established
by IN act Of Congress. but Congress
may alter, amend or repeal that action
at any time. II Is no more lrrevocably
established than our tariff schedules.
The one may be changed as readily az
the other,
Sound money Is 80 vital to our vel.
fare, so important to u industrial de-
yelopment, that We should let rs open
enemies or negative friends know that
we abate nothing Of our determination
20 uphold and defend II.
Since 1896 we have improved the sys-
tenn az well as increased the volume Of
our currency. We have now In circu-
lation 1921, ,527, or $3.50, 9i2,0 0S more