New-York tribune., 1908-06-16
THE FIVE BIG PLANKS
Trusts, Anti-Injunction, Tariff
Railroad Rates and Currency.
Tariff,

Chicago. June 15-The five most important
planks of the Republican platform formulated
by President Roosevelt and Secretary Taft. and
drafted by Wade H. Ellis Attorney General OF
Ohio and now in the possession, for considera-
tion of prospective members OF the resolutions
committee of the national convention, are here
with given They the planks trusts. anti
Injunction, railroad rate, tariff revision and cur
rency.
THE TRUSTS.
The trust plank is as follows:
The Republican party passed the Sherman
antitrust law over Democratic opposition and
enforce It after Democratic derection. 1t has
been a wholesome instrument for good I'm the
hands of wise and fearless administration
But experience has shown that its effectiveness
can be strengthened and its real objects better
attained by such amendments will give to
the federal government greater supervision and
control over, and secure greater publicity in
the management of that class Of interstate
porations having power and opportunity 10 eff
feet monopolies, and at the same time will not
interfere with the operation of associations
among business men, farmers and wage-earners
so long as their conduct or operation results in
positive benefit to the public
THE ANTI-INJUNCTION PLANK.
The anti-injunctlon plank is as follows:
We declare for such an amendment Of the
statutes of procedure in the federal courts with
respect to the use of writ of Injunction as will.
on the one hand, prevent the summary issue of
such orders without proper consideration and.
on the other will preserve undninished the
power of the courts to enforce their process. to
the end that Justice may be done at all times
and to all parties.
Over this plank there is a very sharp contest
The labor leaders urging its adoption and
hundreds of kilograms are pouring in from
manufacturers and other employers Of labor op-
posing the measure.
TARIFF REVISION
The following Is the tariff revision plank:
The Republican party declares unequivocaly
for revision of the tariff by a special session
of Congress Immediately following the inaugura
ton of the next President and commends the
steps already taken to this end in the work as
signed to the appropriate committees or the
two houses which now investigating the
operation and effect of existing schedules. In
all tariff legislation the true principle of pro-
lection is best maintained by the imposition or
such duties as will equal the difference between
the cost of production at home and abroad. to-
sether with reasonable profit to American in
dustries and the benefits that follow are best
secured by the establishment OF maximum and
minimum rates, which shall be applied auto
maticalIy to the trade of other countries In &C
cordance with their treatment of our trade The
minimum should represent the normal measure
of protection required for the benefit of our own
industries. The aim and purpose OF the Repub-
lican policy is not only to preserve without ex-
cessive duties that security against foreign COM
petition to which American manufacturers.
farmers and producers are entitled. but also to
maintain the high standard OF living OF the wage
earners Of this country, who are the most d.
rect beneflciaries of the protective system Be
tween the United States and the Philippines we
believe in free interchange OF products. with
such limitations TO sugar and tobacco as VIII
avoid injury to domestic interests.
RAILROAD RATES.
The plank relating to railroads is as follows:
We approve the enactment OF railroad rate
law and a vigorous enforcement Of the present
administration of the statutes against rebates
and discrimination. result Of which the ad-
vantage5 formerly possessed by the large over
the small shipper have substantially disap-
peared In this connection commend the
appropriation of $350O00 by the present Con-
eress in order to enable the Interstate Com
merce Commission thoroughly TO investigate and
give publicity to the accounts of interstate rail-
roads
We believe, however. that the Interstate
merce law should be further amended 70
give railroads the right to make and publish
traffic agreements subject to the approval of the
commission. but maintaining always the princi
pie of competition between naturally competing
lines and avoiding the common control of such
lines by any means whatsoever, and spe-
cially favor the enactment of such legislation
will provide for federal restriction against
the owe issue of stocks and bonds by interstate
carriers.
CURRENCY
The currency plank says:
The Republican party approves the AIdrich-
Vreeland currency bill. bur only