The semi-weekly messenger., 1908-03-10
LOYALTY To BRYAN
Erom 1 ace G

tunes by abolishing the privileges
and fayoritism upon which they are
based
We sympathiZe with the efforts put
forth. fer the reclamation OF the
arid lands OF the west and urge the
largest possible use of irrigation In
the development Of the country. We
also favor the reclamation of swamp
lands upon the same principles.
We favor the preservation of the
forests still remaining and the re
planting OF the denuded districts ir
all our mountain ranges, as well as
the Iore8tation of the western plains
We believe that the Panama canal
will prove or great benefit TO cur
country and favor it's speedy comrle-
ton.
We urge liberal appropriations for
the improvement and development of
interior waterways, believing that
such expenditures viii return large
dividend in leGsened cosL of traKspor-
tatfon. We favor a generous pension
policy, both as matter OF justice to
the surviving veterans and their de-
pcndents, and because it relieves the
country of the necessity Of main
taining a large starding army
We condemn the experiments in i'm
perialism as an inexcusable blunder
which has involved US in an enormous
expense, brought lis weakness instead
of strength and Lard our nation open
to the charge Of abandoning the funda-
mental doctrine of self-gove-nment
We favor an immediate declaration
OF the nations purpose to recognize
the independence of the Philippine
islands as soon as a suitable govern
ment can be established, such inde-
pendcnce 20 Oe guarded bg us, as we
guard the independence OF Cuba un-
til the naturalization of the islands
can be secured by treaty with other
powers. In recognizing the indepe--
dence of the Philippines our govern
ment should retain such lands as
may be necessary for cOaling stations
and naval bases.
Desiring the prevention of war,
wherever possible we believe that our
nation should announce it's determin-
alton not 10 use our navy for the
collection OF private debts and it's will
lingness to enter into agreements with
other nations, providing for the in =
vestigation by an impartial interna-
tional tribunal, before any declaration
ties Of every dispute which defies dip
lomatic settlement.
We assert the right of congress to
exercise complete control over inter
state commerce, and we assert the
right Of each state to exercise just
as complete control over commerce
within its borders. We demand such
an enlargement Of powers of national
and state railway commissions rs may
be necessary to give full protection
to persons and places from diScrimin-
alton and eXtOrtiOn. We believe that
both the nation and the various states
should fESt ascertain the present val
ue OF the railroads, measured by the
cost of reproduction, second, prohibit
the issue of any more Watered stock
Of fictitious capitalization; third, pro-
hibit the railroads from engaging in
any business which brings them into
competition With their shippers; and,
fourth, reduce transportation rates
until they reach a point where they
will yield only reasonable return on
the part of the value of the roads
such reasonable return being defined
as a return sufficient to keep the stock
of the roads at par when such roads
are honestly capitalized.
The injury Stone by issues OF wat
cred stock is more clearly seen and
better understood since the shrinkage
in the market value of such stock has
precipitated a widespread panic and
brought enormous loss to the coun-
try.
The panic has emphasized the ne
cessity for legislation protecting the
wealth-producers from spoliation at
l.
farm products.
The present financial stringency
furnishes addition proof that the re-
publican leaders are either unwil-
ling or incompetent to protect the in
terests of the general public. They
have so linked us 10 Wall street that
the sins Of spectators are visited up
on the entire country.
We favCr the postal savings bank
and in addition thereto insist upon
passage of laws, state and national.
for the better regulation of banks
and for the protection Of bank de-
pOsits. The government demands Sc
curity when it deposits public money
in a bank, and we believe that the
security of the Individual depositOr
who intrusts his earnings to a bank
should be as specified as the govern
ment security.
We oppose both the Aldrich bill
and the Fowler bill, and believe that.
insofar as the needs of commerce re-
quire an emergency currency, such
currency should be issued and con-
trolled by the federal government, and
that it should be loaned upon ade-
Quate security and at a rate of in
terest which will compel it's retire
ment when the emergency is pass
ed.
We demand further, that favoritism
in the deposits of treasury funds shall
be abolished and that surplus revenues
shall be deposited at competitive rates
upon sufficient security and fairly dis
tributed throughout the country
We favor the eight hour day.
We hnlSa..a in tho ca-aciliatia,, Sf