The daily palladium. [volume] (Richmond, Ind.) 1904-1905, 1904-09-12

or constructive legislation if our OPP
ponents should be given power.
| So much for what our opponents
| openly or covertly advance in the way
of an attack on the acts of the Ad-
ministration.
We believe in the gold standard as
fixed by the usage and verdict of the
| business world, and in a sound none
tarv system as matters of principle !,
as matters not of monetary political
expediency, but of permanent organic
policy. In 1896 and again in 1900
far-sighted men, without regard to
their party fealty in the past, joined
to work against what they regarded as
a debased monetary system. The pol
icies which they championed have
been steadfastly adhered to by the
} Administration; and by the act cf
March IA, 1900, Congress established
the single gold standard as the meas
ure Of our monetary value. This act
received the support OF every Repub-
lican in the House, and of every Re
publican except one in the Senate
Of our opponents, eleven supported it
in the House and two in the Senate;
and one hundred and fifty opposed it
in the House and twenty-eight in the
Senate. The record of the last seven
years proves that the party now in
power can be trusted to take the adj
ditional action necessary to improve
and strengthen our monetary system.
and that our opponents cannot be
trusted. The fundamental fact is
that in a popular government such
as ours ne policy is irrevocably set
tied by law unless the people keep in
control of the government men who
believe in that policy as a matter of
deep-rooted conviction. Laws can al
ways be revoked; it is the spirit and
the purpose of those responsible for
their enactment and administration
which must be fixed and unchanged
BILE. 1t is idle to say that the none
tary standard Of the Nation is irrevp-
cably fixed so long as the parry
which at the last election cast approx
imately forty-six per cent. of the total
vote, refuses to put in it's platform
any statement that the question is
settled. A determination to remain
silent cannot be accepted as equiva-
lent to a recantation. Until our OPP
ponents as a party explicitly adopt
the views which we hold and upon
which We have acted and are acting,
in the matter Of a sound currency,
the only real way to keep the ques--
ton from becoming unsettled is to
keep the Republican party in power.
AS for what our opponents say in
reference to capital and labor, indi-
vidual or corporate, here again all we
need by way Of answer is to point to
what we have actually done, and to
say that if continued in power we
shall continue to carry out the policy
we have been pursuing, and to exc
cute the laws as resolutely and fear
lessly in the future as we have exc
cuted them in the past.
The action of the Attorney-Gen
in enforcing the antitrust and inter
state commerce laws, and the action
of the last Congress in enlarging the
scope Of the interstate commerce law,
and in creating the Department of
Commerce and Labor. with Bureau
of Corporations, have for the first
time opened chance for the National
Government to deal intelligently and
adequately with the questions affect
ing society, whether for good Or for
evil. because of the accumulation of
capital in great corporations, and be-
cause of the new relations caused
thereby. These laws are now being
administered with entire efficiency;
and as, in their working, need is
shown for amendment Or addition to
better to secure the
proper publicity, or better to guaran-
tee the rights Of shippers, OR in any
other direction-this need will be
met. It is now asserted "that the
common law, as developed, affords a
complete legal remedy against mono
polies." But there is no common law
of the United States. It's rules can be
enforced only by the State courts and
officers. No Federal court or officer
could take any action whatever I'M
der them. 1t was this fact, coupled
with the inability of the States to con-
troll trusts and monopolies, which led