The Leon reporter. (Leon, Iowa) 1887-1930, 1908-06-25

utes for the safety of railroad engi-
neers and fremen, and many acts con-
serving the public welfare.
For Tariff Revision.
"The Republican party declares I'M
equivocally for a revision of the tariff
by special session of congress i'm
mediately following the Inauguration
of the next president and commends
the steps already taken to this end in
the work assigned to the appropriate
committees of the congress, which
are now investigating the operation
and effect of existing schedules. In
all tariff legislation, the true princi-
pie of protection is best maintained
by the imposition of such duties as
will equal the difference between the
lean industries, and the benefits that
cost of production at home and
abroad, together with a reasonable
profit to American industries.
I'VE favor the establishment Of
maximum and minimum rates, to
be administered by the president I'M
der limitations fixed under the law,
the maximum to be available to meet
determinations by foreign countries
against American goods entering their
markets, and the minimum to repre-
sent the normal measure of protection
at home; the aim and pur-
pose of the policy of the Re-
publican party being not only
to preserve, without excessive duties,
that security against foreign compe-
tition to which American manufact-
urers, farmers and producers are en-
titled, but also to maintain the high
standard of living of the wage earners
of this country, who are the most d.
| rect benefciaries of the protective
system. Between the United States
and the Philippines we believe in d
free interchange of products, with
such limitations as to sugar and to-
bacco as will accord adequate protec-
ton to domestic interests.
Financial Policy Approved.
1--WE approve the emergency meas
ures adopted by the government dur
ing the recent financial disturbances,
and especially commend the passage
by congress at the last session of the
law designed to protect the country
from a repetition of such stringency
The Republican party is committed to
the development of a permanent cur
rency system. responding to our great
er needs, and the appointment of the
national monetary commission by
| bo which will m,
partially investigate all proposed meth
DDS, insures the early realization OF
this purpose.
THE present currency laws have
fully justified their adoption, but an
expanding commerce, a marvellous
growth in wealth and population, multi
plying the centers of distribution, in
creasing the demand for the move
ment of crops in the west and south
and entailing periodic changes il
monetary conditions, disclose the neet
of a more elastic and adaptable sys
TEN. Such a system must meet the
requirements of agriculturists, manu-
facturers merchants and business mel
generally, automatic in operation
minimizing the fluctuations in inter
est rates, and, above all, it must b.
in harmony with the Republican doc
trine, which insists that every dolla
shall be based upon, redeemable in
and as good as gold.
"In line with the purpose here de
clared to secure by every wise means
greater safety and stability in tn
banking and currency system, we ia
vor the establishment of postal say
ings banks on principles embodied il
the measure now pending in congress
and set for vote on Dec. IA next
Antitrust Plank.
1.-THE Republican party passed tn
Sherman antitrust law over Demo
cratic opposition and enforced it owe
Democratic dereliction. 1t has been
wholesome instrument for good in tn
hands of wise and fearless admins
tration. But experience has show,
that it's effectiveness can be strength
ened and it's real objects better al
tanned by such amendments as vii
give to the federal government grea,
er supervision over and secure pull
licity in the management of that elias
Of corporations engaged in interstat
commerce having power and oppo
, tunity to effect monopolies.
, 1--WE approve the enactment of tn
railroad rate law and vigorous eI
forcement by the present administr;
ton of the statutes against rebate
, and discrimination, as result
which the advantages formerly po
sessed by the large shipper over tn
small shipper have substantially disal
peared; and in this connection W
commend the appropriation mad
by the present congress to en-;
;. Bile the interstate commerce commi
!, sion to thoroughly investigate and Civ
. publicity to the accounts Of interstat
= roads. We believe, however that tn
. interstate commerce law should
; further amended so as to give raj
, roaos the right to make and publis
traffic agreements, subject to the a.
prevail of the commission, but mai
tanning always the principle of COZ