East Oregonian : E.O. (Pendleton, OR) 1888-current, 1908-06-18

| the nation through the financial dis
! turbance, which. If it had happened
in the midst of democratic rule, might
have equalled the familiar democrat
ic panics in the past.
We congratulate the people upon
the renewed evidence of American
supremacy and hail with confidence
the manifest signs of complete res
toration of business prosperity in all
lines of trade, commerce and manu-
| featuring, Notwithstanding the inde-
fensive filibustering of the demo-
cratic minority in the house of rep
resentatives, during the last session
Of congress. Many wholesome and
progressive laws were enacted.
I'VE especially commend the pas
sage of the emergency currency bill,
the appointment of a national none
tary commission, the employers gov
ernment liability laws, the measures.
looking to the greater efficiency OF
the American army, the navy and
widows pension bill, the child labor
law for the District of Columbia, new
statutes providing for the safety Of
railroad engineers and firemen. and
many other acts concerning the pub %
lie welfare.
For Tariff Revision.
The republican party declares un-l
equivocally for revision of tariff
schedules. We favor the establish
ment Of maximum and minimum rates
to be administered by the president
under the limitations of fixed law,
the maximum rates to be available .
to meet discrimination by foreign
countries against American goods en-
tering their markets, the minimum ,
rates to represent the normal meas
ure of protection for home industries.
"The aim and purpose of the re-
publican party will be, not only to
preserve without excessive duties that
security against foreign competition
to which American manufacturers,
farmers and producers are entitled.
but also to maintaina high standard
of living for the wage earnr here and
in the Philippines. To that end we
believe in a free interchange of pro-
ducts with such limitations as to su--
gar and tobacco as will afford ade-
Quate protection to domestic inter-
ests
Emergency Measures Approved.
1--WE approve the emergency meas
ures adopted by congress during tha
recent financial disturbance, and es--
pecially commend the passage OF a.
law designed to protect the country
from a repetition of the money strin--
yency. The republican party is COM
mitted to the development of a per.
currency system, responding
to our greater needs. The apportion-
ment Of national monetary commits
sion by the present congress after i'm
partially investigating all the propos- -
ed methods insures an early realiza-
ton. For this purpose the present
currency laws are fully justified by
their adoption, but the expanding OF
the marvellous growth OF
wealth and population, the multiple
cation of centers of distribution, the
increasing demand for movement of
crops in the west and south entailing
periodical changes in monetary con-
iitions, discloses the need of a more
elastic and adaptable system OF cur
rency.
Automatic System.
Such a system must be automatic
in its operation, minimizing the nuc-
tuations in interests, and rates and
above all, must be in harmony with
the republican doctrine, which insists
that every dollar be based upon a
value as good as gold.
1--WE favor the establishment OF
postal savings banks as a system for
the convenience of the people and
the encouragement Of thrift.
"The republican party passed the
Sherman antitrust law ovr dmo-
cratic opposition and enforced It af-
.er democratic derelictiOn. 1t has
been a wholesome instrument for
good in the hands of a wise and fear
ess administration, but experience
has shown its effectiveness can be,
its real objects better
attained by such amendments as
will give the federal government
greater supervision and control over
md greater Dlfhlicitv in, tho man