The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-07-29
.ScEWE OF THE Wo7Zf2GAT7oW

f2GA720W
plants in line OF manufacture. with
out regard to economy OF production.
destroys competition. They have. most
Of hem, gone into bankruptcy. Compe-
tit!on in a profitable business Will not
Of many rs Existing p plants Under s one COM
pany, unless the company thereby ef.
fects great economy, the benefit OF
takes some illegal method to avoid
4 competition and to perpetuate hold
on the business.
Proper Treatment Of Trusts. -
Unlawful trusts should be restrained
with all the efficiency Of injunctiSe
maintaining them should be punished
with all the severity Of criminal pros
ecution, In order that the methods pur-
sSsH be tS bsoosh Wihn
destroy them and to eliminate the
wealth they represent from the produc.
ling capital of the country would entail
Of employment myriads Of working
men and workingwomen. Such q result
is wholly unnecessary to the accom-,
viii infiict upon the Innocent far great
ST punishment than upon the guilty.
Destructive Policy.
The Democratic platform does not
propose to destroy the plants Of the
trusts pysica,hy b%. It to
The business OF this country Is largely
denendent on protective system OF
|tcrifrs. The business done by nlany,
WIN the other businesses Of the coun-
try. The democratic platform proposes
to take off the tariff on all Article
coming into competition with those
1 ss BY the sSe t4ss M s S
a course would be utterly destructive
OF their business, as Is intended, It
would not only destroy tho trusts, but
ruthless and impracticable character OF
i the proposition grows palmer as its
effects upon the whole community arc
REALIZED.
Eject Of Democratic Plans on DMaine AZ.
sn hs thsss nH
4 Is to involve the entire community. in.
nocent aa 1t is, In the punishment Of
the guilty; while our policy is to stamp
between tRe policies Of the two great
parties is OF especial Importance, in
view OF the present condition OF busI-
ness After ten years of the most re-
Imarkabla material development and
prosperity, there came a financial 5strin-
Igency. a. panic and an industrial de-
|pression. This was brought about not
Ienly by the enormous expansto OF
i business plants and business invest.
rents, which could not be readily con-
tai. in extravaganceB of living. in wars
and other acatastrophes. The free cons
addition to this, the confidence OF the
i lending public in Europe and In this
country. had been affected by the rayo-
breaches
i Of law, and lack OF rigid State or nas
tional supervision in the management
o. our largest corp orations: Investors
ed availab BILE. It became INN for
A the soundest atlroadss and other ems
terprises to borrow m oney enoug h Tor
new Instruction or Reconstruction.
49, Delay Restoration OF Properly.
Gradually business Is acquiring q
healthier tone. Gradually ali wealth
used. Confidence in security 1 Of bus 81
ness inyastments plant Of SLOW
i order that our factories may all open
again, in~a order that our unemplo Dyed
4 may become employed, and In J6rder
5Ilty witch blessed us for ten years.
4 The identity OF the interests OF the
capitaltst the farmerf the business
man and the wage Garner in the secur-
'|ity and profit OF Investment cannot be
! those most Interested to wage earners,
whether the lntroduction int, power
OF the Democratic party, with Mr..
4 Bryan at lts head, land with the bus
Illness destruction that 1t openly adj
IYocates as q 4 rem edy. for present evils,
Twill bring about the needed confi-
dence for the toratlon OF prosperity,
Republican Doctrine OF Protection.
], Tho Republican doctrine of protec-
/ ton, as definitely announced 4 by the
u Repub lican& conyen on OF this year an 9
! by previous conventions. Is tina Ia tariff
/ shall tbe imposed on all imported pro-
|, ducts. whether of the factory, farm
or mine, sufficiently great to equal the
n difference between the cost Of produc-
!, ton abroad and at home, 3 and that this
should Of course iI,clSde
wages paid in this country and the
!, wages paid abroad and embrace 3
reas enable prot to the EAmeri lean pro.
!. Itducer.; "A system of prot ion thus
l lSadopted and@put In force has led to
4 III afestablishment Of q rate of wages
\ here that has greatly enhanced the
\ standard OF living OF the Ia boring man
a sIt Is the policy OF the Repuhli can
! party permanently to continueNs thai
standard ot, living In lSo7 the = pin,g g
fS3e have hnd, "a already said, q period
II iof an enc orn,ous prosperity. a
ID Necessity for Revision of Tariff NJ ],
! The consequent ma terra L deyel opment
}. |has greatly chan ged the condit lons IN.
Il der which man VI ar tlcles aeacrlped ,py
!. THE schetl uless 70 g the ta rlffa g are now
. prod noed The tariff In nNm 2. 9!