The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1908-04-23

yIndication that has come to demo
cratic principles. The quantativt
theory OF money has been proven t6
be correct, for we have 80 per cent
per capita more money In circulation
now than we had 10 1895, and with
that increase we have had higher
prices and better times. The silver
question is no longer an issue, but
its elimination is due 10 the fact that
we have secured from another source
the Increase In currency whict was
expected from the restoration OF
bimetallism. But the money ques.
ton Is not the only question upon
which our position has been proven
correct by the course OF events. Oui
protest against the trusts has been
shown to be we'll founded, and the
whole country now understands that
a private monopoly Is indefensible
and uncomfortable.
"On the tariff question also the dem.
ocratic position Is being strengthened
by the demands OF republicans. Sec
rotary Taft started out to make his
campaign on platform which de-
clared for tariff revision-the resi-
sion TO be postponed until after the
election. As he travelled over the
country he found the tariti reform
sentiment so strong that he hnally
reached the conclusion In the plat
form OF his state convention that
tariff reform is so urgent that spc'
cial session OF congress should be
held Immediately after March 4.
But even more significant is the sur
render made by Vice President Fair
banks, for his state convention de
clares I'm favor OF special session o
congress to be called immediatel,
after the election, four months
earlier than Secretary Taft's specia
session. And we have two candi
dates TO bear from yet. 1t remains
To be seen whether Candidate kno,
and Candidate Hughes will attempt
| TO make a better bid than those al
ready submitted by Candidates Taft
and Fairbanks. 1t Is gratifying Il
see republicans vieing with eacl
other In their advocacy OF tarin re-
form. But the people are not likely
TO intrust the reduction OF the tarif
to the men who are not willing u
| have taritf reform at once and who
have not discussed the tariff until
the exigiencies OF the campaign mat,
II necessary.
"On the question OF railroad reeu
lation we have another democratic
vindication. The democrats have
been asking for regulation foI
twelve years and when at last thu
president, taking his inspiration
from the democratic platform, asked
for an enlargement Of the scope o.
the Interstate commerce commission
he received more support from demo
Gratis than from republicans. bu'
railroad regulation Is not yet efiec
tive. We must know how much tn
railroads are worth and We must pre-
vent future issue OF watered stock
But since the states. began TO legislat
on the subject OF railroad regulation
tie railroad managers began TO de
mand the surrender by the states o
power to lepislate on railroads an
insist that congress shall exercise OK
elusive control. The president Ina
Yielded to this demand and recon-
mended the national Incorporation @
railroads. and AS Secretary Taft
indorsins the presidents policies, h
is supposed 10 favor this. But III
national incorporation OF raii Dads
a step backward rather than forwar
and II must be resisted hy the demo
|, Gratis and II will be resisted by
large element Of the republican part!
for those who have had a taste ,
, state regulation will not be willing
surrender the power that the stat
now has National remedies ougt
TO be added to state remedies, M
? substituted for them. Congress- HI
? ample power 10 regulate intersta
commerce without interfering vii
r the right OF the states 10 regula
4 Interstate commerce.
c Secretary Taft seem 10 he regar
G ed as the representative OF the refor
J. element and yet he has NO little
the reform spirit ano his record Is
= barren OF any work In behalf Of refor
e that he will hardly satisfy the expo
81 tstions raised among republicans
Il some 81 the presidents regulation
,e His advocacy OF perpetual franchis
'e In the Philippine islands, coupl
with q perpetual guarantee Of
81 come. shows that be looks at
}. corporation question from the stan
ID point OF the corporation rather th
ID from the standpoint Of the public
ss "On the subject OF imperialis
t the last nine years have shown |
or folly OF a colonial policy We 1
paying al least one hundred milk
ne a year for the privilege Of follow