The Montgomery advertiser., 1908-06-16

he indicated that he felt satisncd that he would get them.
 Currency Plank.
 The currency plank contains this language:
 .The republican party approves the Aldrich -vreeland currency bill, but only as temporary measure. We declare for thorough and new system of currency laws that win besin accord with the. need of the times and which will be more adaptable to the. demands of business and more elastic in It's character as circulating medium The Railroad Plank.
 The exact text of the plang of the Republican platform prepared by Wade Ellis and approved by President Roose- welt and Secretary, Taft relating to railroads. is as follows. $ {.
 We approve the enactment of a rail- road rate law and a vigorous enforce ment of the present administration of the statutes against rebates and dis crimination as result of which the advantages formerly possessed by the large over the small shippers have sub- stantially disappeared. Tn this connec- tion we commend the appropriation of s350.0 900 by the present Congress in order to enable the Interstate Com merce Commission to thoroughly .inYes- -tigate and give publicity to < the &C., counts of interstate roads.
 we believe. however. that the in- terstate- commerce law should be fur- ther amended so as to give railroads the right to- make and publish traff1c agreements subject to the approval of the principle gof competition between naturally competiting lines and avoid ing the common control of such lines by any means whatsoever. and we es. pecially favor the enactment of such Iegi aafion as will provide for Federal restriction against the over issue of stocks and bonds by interstate car- riers." T
 More or less serious inaccuracy has characterized the reputed textua1 pub iications of plank rating to the tariff. The exact text of that plank. as well as of the plank concerning anti-in- junction legisiation follows: .
 .sThe Republican party declares un- equivocaily for revision of the tariff by special session of Congress im- mediately following the inauguration of the next President and comments the steps already taken to this end in the work assigned to the appropriate com n1ittees of the two Houses, which are now Investigating the operation and eff feet of existing schedules: In all tariff lexisIation, the true principle of pro- lection is best, maintained by the im- position of such duties as will equal the difference between the cost of produc- ton at home. and abroad, together with . reasonable profit to American indus tries and the benefits that follow are best secured by the establishment of maximum and minimum rates which shall be applied automatically to the trade of other. countries in accordance with their treatment of our trade. The minimum should represent the normal measure of protection required for the benefit of our own industries The atm and purpose of the Republican policy is not only to preserve, without excessive duties. that security against foreign competition 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 arc the most direct beneficiaries of the protec- tive system. Between the United States and the Philippines. we believe in a free interchange of products. with such