Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-06-18

preserve. without excessive duties. that
security against foreign competition to
which American manufactures, 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 direct beneficiaries of the pro-
tective system. Between the United
States and the Philippines we believe in
a free interchange Of products with such
limitations as to sugar and tobacco as
will afford adequate protection to domes-
tic interests.
CURRENCY.
We approve the emergency measures
adopted by the government during the
recent financial disturbance and espe
rialiy commend the passage by Congress
at the last session of the law designed to
protect the country from repetition of
such stringency. The republican party
is committed to the development of a
permanent currency system, responding
to our greater needs, and the appointment
of the national monetary commission by
the present Congress, which will impair
TALLY investigate all proposed methods.
insures the early realization of this pur-
pose. The present currency laws have
fully justified their adoption. but an ex-
panding commerce, a marvellous growth
in wealth and population, multiplying the
centers of distribution, increasing the de-
mand for the movement of crops in the
west and south and entailing periodic
changes in monetary conditions disclose
the need of a more elastic and adaptable
system. Such a system must meet the
requirements of agriculturists, manufac-
turers merchants and business men gem
orally must be automatic In operation.
minimizing the fluctuations in interest
rates and, above all. must be in harmony
with that republican doctrine which in
sists that every dollar shall be based
upon and as good gold
POSTAL SAVINGS.
We favor the establishment of postal
savings bank system for the convenience
of the people and the encouragement of
thrift.
TRUSTS.
The republican party passed the Sher-
man antitrust law over democratic OPP
position and enforced it after democratic
dereliction. 1t has been a wholesome in
strument for good in the hands of
wise and fearless administration. But ex
perience has shown that its effectiveness
can be strengthened and its real OBJ
jects better attained by such amendments
as Will give to the federal government
greater supervision and control over and
ment Of that class of corporations en-
gagged In interstate commerce having
mower and opportunity to effect monopO-
lies.
RAILROADS.
We approve the enactment of the rail-
road rate law and the vigorous enforce
ment by the present administration OF
the statutes against rebates and discrim-
nations. as result of which the ad
vantages formerly possessed by the large
shipper over the small shipper have SUBJ
stantially disappeared. And in this con-
nection we commend the appropriation
by the present Congress to enable the
interstate commerce commission to thor
oughly investigate and give publicity to
the accounts of interstate railroads. We
merce law should be further. amended so
rs to give railroads the right to make
and publish traffic agreements subject to
the approval of the commission, but
maintaining always the principle Of COM
petition between naturally competing
lines and avoiding the common control of
such lines by any means whatsoever. We
favor such national legislation and super
vision as will prevent the future over
issue OF stocks and bonds by interstate
carriers.
Railroad and Government Employees.
The enactment in constitutional form at
the present session of Congress of the
employers liability law: the passage and
enforcement of the safety-appliance stat
utes. as we'll as the additional protection
secured for engineers and hremen: the