Waterbury evening Democrat., 1906-09-27

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 poor.
 Trusts Should Be Controlled. 1 We believe the operation of all banks, trust companies, and public service corporations should be placed under close and constant scrutiny of vigilant public officers.
 l While we hold 1t to be vital principal of democracy that any in- terference by government in the field of private industry must be vici- Ous, source of corruption and bar to prosperity, 1t is equally vital democratic principle that within it's proper field the authority of the gov ernment is absolute and its power should be enforced with unfailing vigor but always with strict impar- tiality. And we believe the whole field of public service is included in the domain of it's legitimate authority
 We hold every enterprise to be a feature of the public service which necessarily exercises in the course of its operation any power of sov- ereignty, such as the power of emil nent domain, and thereforeit must al- ways be subject to control and regu- lation by government.
 Where the operation of public franchise Is entrusted to private agency we believe the community is entitled to service of the very high est efficiency consistent with safety of the capital employed in 1t. Every proposal that municipal ity assume operation of all public utilities and reduce rates to persons using them regardless of what the service may actually cost, is an att tempt to force some men to bear the expenses of others because where the outlay for operation exceeds earnings the deficit must be made up by taxa tion and this would be socialistic, and therefore hostile to justice and sub vertive of democratic government.
 What, government can empower an agent to do, it has manifestly the right to do through It's own efforts. Whether 1t should discharge a func- tion itself or employ private agency to discharge it depends solely upon which can render the better service; and this question of fact should be decided in every instance by the peo- pie of the locality in which the fran chise is operated.
 Republicans Denounced.
 "We denounce as crime against morals and decency the refusal of the republican administration to permit an investigation of the different de- partments especially of the banking department upon the avowed ground that such investigation would show corruption so gross as to endanger party success and result in the dis credit, disgrace and possible impris- onment of men prominent in high finance as we'll as their pliant tools in public office.
 "Such confession is conclusive evil .dence of the necessity for the investi- gation.
 If entrusted with the administra- ton of the state government we pro- mise that there shall be an impartial and public investigation of every de- partment of the state. and those re- sponslble for any offenses of admin istration justly and fearlessly prose- cuted.
 Insurance Standing.
 Tt is a scandal of unparalleled di- mensions that the recent insurance exposures have resulted merely in the discharge of few officers whose in- efficiency for plunder was established by the fact that they had allowed their enormities to be discovered, while the more desperate culprits. who were most adroit in plotting the villianies and who profited by them most extensively. have been allowed to remain in control of the vast trust funds they have pillaged and wasted.
 We demand the passage of such legislation as will deal effectively with the whole subject of life insurance and encourage this form of economy by making its fruits absolutely se- cure. We are resolved, above all. that every rogue who has aided in plan ming this plunder. who has connived at 1t or shared in Its profits. shall be pursued by every punitive weapon Of the law, yielded by honest, fearless, loyal public prosecutors"