The Caucasian. (Clinton, N.C.) 188?-1913, 1908-07-23


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The tnaaY sias anA progressive
measures adopted a. rexees s<=ssauus
of Congress hAvw demonstrated sAx
patriotic resolve os Rspuhsieza lead
erahip in the legislative aepzrtnsat
To Keep step Ia the forward uaarrA
toward better guxeTamost
Notwithstanding The laastsazlhle
allhustSrinE OF Dcmosyasic minor
l,y Ia the House Of Representatives
during the last sessioa. many whsie-
some and progressive laws wvre ca
acted. and &c especially commend
the passage Of the Emergency Car
rcney blll. the appointment OF the
National Monetary Commission. the
Employers aud Government t.iabil-
ity laws. the measures for the great
er efficiency of the army and nAfy.
the widows Pesain bill. the ChiId
Labor la~ for the District of colnm-
bia. the new statutes for the safety
Of a
and many other acts conserving the
public welfare.
Pledges for the Futurc-Tsrfn.
The Republican party declares un-
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 appro-
pirate committees OF Congress which
are now investigating the operation
and such effect OF existing schedules.
In all tariff legislation the true prin-
ciple OF protection II best maintain
ed by the imposition of such duties
as will equal the difference between
the cost of production at home and
abroad. together with q reasonable
profit TO American industries. We
favor the establishment OF maximum
and minimum rates TO be administer
ed by the President under limitations
fixed in the law. the maximum TO be
available TO meet Determinations By
foreign countries against American
goods entering their markets. and
the minimum TO represent the nor
mai measure of protection at home.
the aim and purpose OF the Republi-
can policy being not only TO preserve.
without excessive duties. that secur-
ity against foreign competition TO
which American manufacturers. far
mers and producers are entitled. but
also OF the wage-earners of this eoun-
try, who are the most direct benefl-
ciaries of the protective system. Be
tween the United States and the Phil
ippines we believe in a free inter
change OF products. with such iimita-
tions as to sugar and tobacco as will
afford adequate production TO domes-
tic interests.
Currency.
We approve the emergency meas
ures adopted by the Government dur
ing the recent financial disturbance.
and especially commend the passage
by Congress at the last session OF the
law designed to protect the country
from a repitition of such stringency.
The Republican party is committed
to the development of permanent
currency system, responding TO our
greater needs, and the appointment
of the National Monetary Commission
by the present Congress. which will
impartially investigate all proposed
methods, insures the early realiza-
| tion OF this purpose. The present
currency laws have fully justified
their adoption. but an expanding
| commerce, a marvellous growth In
| wealth and population. multiplying
the demand for the movement of
crops in the West and South and
entailing periodic changes in none
tary conditions, disclose the needs Of
more elastic ana adaptable sys-
| tenn. Such a system must meet the
requirements Of agriculturists. manu-
facturers, merchants and business
men generally; must be automatic
in operation, minimizing the fuctua-
| tions In interest rates and. above all.
must be in harmony with that Re-
publican doctrine which insists that
every dollar shall be based upon and
as good as gold.
| Postal Savings.
We favor the establishment of a
postal savings bank system for the
convenience Of the people and the
encouragement of thrift.
/ Trusts.
The Republican party passed the
Sherman Antitrust law over Demo-
cratic opposition and enforced II af-
ter Democratic dereliction. Il has
been a wholesome instrument for
good I'm the hands of a wise and
fearless Administration. But expert
ence has shown that its effectiveness
can be strengthened and its real OBJ
jects better attained by such amend
ments as will give to the Federal
Government greater supervision and
control over. and secure greater pub