The leader., 1904-06-25

LuOhSJ tuS SuhCImSnL Oh SUCH OLQ0k
laws as may be necessary to put an
end to unjust rebates and discrimina
tions by one trust or unlawful combk
nation in interstate commerce to an.
other. There should be no favoritism
extended by law to any person, class
of persons, or combination of corpora
tons, nor should any favoritism be
permitted by the law to be extended to
any person or class Of persons by arti-
fetal persons created by the law-its
creatures, therefore, and subject to its
regulation.<A 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
iEiQuitous 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 insti-
buttons, 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, if
not inevitable, result of any attempt
to collect at all.
Eleventh-The Democratic party
congratulates the country upon the
vindication of the Democratic conten-
ton for an increased volume of real
or metallic money In a manner &C
ceptable to all Democrats by the adj
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 $50
and contributing to that advent of in
dustrial activity which could not
otherwise have been attained and a
proportionate increase of the world
stock of coined silver. The fact that
this result has been reached by no
action of government, but by the 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 I'M
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 $4,000, 900
Of outstanding Treasury notes are
either 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
it does an annual burden upon pro-
ductive industry, is paid off and-ex-
tinguished, it Is idle to grow hyster.
ical, as some of our Republican law
makers have grown, over the "imme-
diate payment" or extinguishment of
the non-interest bearing debt of the
United States represented by treas
ury notes
LII ICOA AO 81 dQu0l tCuuCI1OA vi
revenues of the general government
to an amount adequate to the needs
Of an economical and constitl-
tional administration, plus safe
working margin for unexpected con-
tingencies 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, it Will,
however, be necessary to proceed con.
servatively, gradually and with suf-
ficient notice, so that the collection
of the governments just debts, even
though deposited in the banks with.
out interest and on call, may not be
followed by panic or too great biIsi-
ness disturbance.
Fjfteen-We favor just and liberal
appropriations for Inauguration of and
maintenance of needed public works,
especially appropriations in the in
tereSt of cheaper transportation by
land and water. We oppose the Re-
publican policy of starving home de-
velopment in order to feed the greed
for conquest and the schoolbny. appe-
tite for national prestige" and display
of strength.
Sixteen-We favor the reduction of
the army and navy expenditures to
the point historically demonstrated to
be safe and sufficient.
Seventeen-The maintenance and
due annual increase of the navy
our best defense, in our isolated con-
tinental condition, against a foreign
foe. and source of no possible dan
ger to our liberties as people.
Eighteen-The upbuilding of fner.
chant marine without new or addi-
tional taxation upon the people, and
without bounties from the public
treasury
Nineteen-The enactment and adj
ministration of laws giving to capital
and labor impartially their just rights,
Capital and labor ought not to be
enemies. 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
lnauenaDle than the rights or capt.
tai. 1t is not strange that party
founded as the Republican party is.
upon the dogma of the moral and legal
rightfulness of protection and of other
species Of special legislation, can not
realize and enforce this idea.
Twenty Statehood for Oklahoma
and the Indian Territory, Statehood
for Arizona, Statehood for New Mexi.
CO and territorial government for
Porto Rico.
Twenty Better, more cordial
and more adequate return and better
treatment of heroes who have served
the country in time of need than the
Republican administration has granted
to men like Admiral Schley and Ad.
miral Dewey. The Democracy, like
the country, is at a loss to understand
how the administration could have ar
rived at the conclusion that it was