The county record. [volume] (Kingstree, S.C.) 1885-1975, 1904-07-14

these two thinge:
First, The general principle that the
! sole derivation Of the power Of taxa
tion is the support of the Federal gov
ernment economically, effectively and
constitutionally administered, and, Sec
ond, the equal truth that in the asser-
tion Of any general principle and in
reaching any ultimate end. however
sacred and logically unavoidable, due
regard, but only due regard must and
should be paid to actually existing con-
ditions.
TARIFF ON TRUST PRODUCTS.
"5. We favor the reduction Of tariff
taxation upon trust-produced articles
to the point where foreign competition
may enter the American marked when
ever trusts and combines, seeking mo-
| nopoly, raise their prices to the Ameri-
can consumer above reasonable and
Just profit, by such reduction depriving
trusts and monopolies of the power to
extort from the American people un-
der shelter of American law, prices
higher than those charged foreigners
for identical articles.
ISTHMIAN CANAL FAVORED.
"The Isthmian Canal: Our party
having long and earnestly advocated
the construction Of an Inter-oceanic
canal for the purposes of national de-
fense and commerce between the States
and with foreign nations, we favor the
early completion of the Isthmial Canal,
But while making this declaration and
accepting the results Of an accom-
plished and irreversible fact, we cannot
too forcibly express our disapproval OF
the methods by which, in disregard Of
the usages and obligations of interna-
tional law and treaty obligations ca
nal route has been required, or too SOL
emnly record our hope that this pre-
cedent Of defiant diplomacy may never
be used against us to our humiliation
and injury.
TRUSTS DENOUNCED.
Trusts and Unlawful Combinations:
We recognize that the gigantic trusts
and combinations designed to enable
capital to secure more than its just
share of the joint product Of capital
and labor and which have been fostered
and promoted under Republican rule,
are menace to beneficial competition
and an obstacle to permanent business
prosperity. We demand the vigorous
and impartial enforcement Of the laws
already made to prevent and control
such trusts and combinations and we
favor such further legislation in re-
straint thereof as experience shows to
be necessary.
Corporations chartered by authority
Of the people must forever remain SUBJ
iect to regulation in the interest OF the
people. A private monopoly is indefen-
sible. We recognize the right Of capital
in all legitimate lines Of enterprise to
combine for the increase of business
for enlarging productive capacity and
for decreasing the cost Of production;
but when such combination in its pur-
pose or effect, creates, or tends to cre-
ate monopoly in it's productions, to
restrain trade or to stifle competition;
to increase cost to the consumer or to
control the market, 1t violates the
spirit Of the laws, because inimical to
public welfare and peace and should be
so regulated, controlled or prohibited
by law as to amply protect the public
interests.
I'VE demand that the restraint Of
such illegal combinations be entrusted
to the Democratic party which is not
responsible for their existence, and
which has ever protested against their
continuance.
TRUSTS CONDEMNED.
"We condemn the Republican system
Of legislation under which trusts mo-
r
prices for their manufactured products
from our own people than they sell
them for abroad.
I'VE demand an enlargement of the
powers of the interstate commerce
commission to the end that the travel
ing public and shippers of this country
may have prompt and adequate relief
for the abuses they are subjected to in
the matter of transportation.
Monroe Doctrine: We favor the
maintenance Of the Monroe doctrine in
its full integrity.
Reciprocity: We favor a liberal
trade treaty with Canada.
Army and Navy: We favor the re-
duction of the army and Of army eX-
penditure to the point historically
We favor the maintenance and liberal
annual increase Of the navy as our best
defense in our isolated continental con-
ditions against foreign foe and
source of no possible danger to our lib
critics as a people.
1--WE favor the enactment and ad-
ministration OF laws, giving labor and
capital impartially their just rights.
Capital and labor ought not to be ene-
mics. Each is necessary to the other.
Each has its rights, but the rights OF
labor are certainly no less vested no
less sacred" and no less "inaliena5le"
than the rights Of capital.
PROTECTION OF CITIZENS. ,
American Citizenship: We pledge
ourselves to insist upon the just and
lawful protection Of our citizens at
home and abroad. and to use all proper
measures to secure for them, whether
native born or naturalized, and with
out distinction Of race or creed, the
equal protection of laws and the en-