The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-03-06
DEMOCRATS OF NEBRASKA LEAD VAN
Continued from Page 1.

national making it unlawful for any
corporation TO contribute to campaign
funds. and providing for publication,
before the election. of all individual con-
tributions above a reasonable mini
mum.
Believing, with Jefferson, I'm the sup
port of the state governments in all their
rights as the most competent admins
trations for our Democratic concerns
and the surest bulwark against anti
republican tendencies and in the pres
ervatiOn Of the general government in
its whole constitutional vigor as the
sheet anchor of our peace at home and
safety abroad we are opposed to the
Capitalization implied in the suggestions
now frequently made that the powers
of the general government should be
extended by judicial construction. While
we favor the exercise by the general
government of all its constitutional au-
thority for the prevention of monopoly
and for the regulation of interstate
commerce, we insist that federal RENE
dies shall be added to- and not sub
stituted for, state remedies.
Law for Corporations.
1--WE insist upon the recognition of
the distinction between the natural man
and the artificial person called a cor
pOration, and we favor. the enactment of
such law as may be necessary to COM
pei foreign corporations to submit their
legal disputes to the courts of the states
in which they do business, and thus
place themselves upon the same footing
as domestic corporations.
we favor the election of United
States senators by direct vote of the
people, and regard this reform as the
gateway to all other national reforms
"A private monopoly is indefensible
and intOlerable We therefore favor the
vigorous endorsement of the criminal
law against trusts and trust magnates
and demand the enactment of such adj
ditional legislation as may be necessary
to make it impossible for private mo-
nopoly to exist in the United States.
Among the additional remedies we
specify three:
Specific Remedies.
"First-A law preventing the dupli-
cation of directors among competing
corporations.
"Second-A license system which will.
without abridging the right of each
state to create corporations or its right
to regulate as it will foreign corpor-
atoms Ioing business within its limits,
make it necessary for a manufacturing
or trading corporation engaged in in
terstate commerce to take out fed
eral license before it shall be permitted
to control as much as 20 per cent of
he product in which it deals, the Ii
cense to protect the public from wa
tered stock and to prohibit the control
by such corporation of more than so
per cent of the total amount of any
produce consumed in the United
States.
"Third-A law compelling such Ii
-a1l o.
chaseTs in all parts of the country on
the same terms. after making due al
lOwance for cost of transportation.
Reform of the Tariff.
I'VE welcome the belated promise of
tariff reform, now offered by part of
the Republican party, as a tardy recog-
milton of the righteousness of the Dem
ccratic position on this question. but
the people can not safely entrust the
execution of this important work to
party which is so obligated to the high
ly protected interests that it pOstpcnes
relief until after the election. And we
call attention TO the significant fact
that the promise now made by those
Republicans who favor tariff revision
is wholly vitiated by the use of the
very qualifying words under which the
present tariff iniquities have grown
up.
We favor an immediate revision OF
the tariff by the reduction of import
duties. Articles entering into cOmpe-
tition with articles controlled by trusts
should be placed upon the free list;
material reduction should be made in
the tariff upon the necessities of life.
and reductions should be made in such
other schedules as may be necessary
TO restore the tariff to a revenue basis
Income Tax.
We favor an income tax as part
of our revenue system, and we urge
the submission of a constitutional
specifically authorizing
congress to levy and collect a tax upon
individual ana corporate incomes, to
the end that wealth may bear it's pro-
portiOnate share of the burdens of the /
federal government.
we favor national inheritance tax
TO reach the swollen fortunes already /
in existence but we believe that ii |
is better to permanently prevent 'swol- |
len fortunes by abolishing the privi- |
leges and favoritism upon which they |
are based.
we sympathize with the efforts put /
forth for the reclamation of the arid 4
lands of the west, and urge the largest /
possible use of irrigation in the de- /
velopment of the country. We also |
favor the reclamation of swamp lands |
upon the same principle
We favor the preservation of the 4
forests still remaining and the replant-
ing of the denuded districts in all our 1
ranges. as well as the for /
estation of the western plains
Panama Canal Favored.
1--WE believe that the Panama canal |
will prove of great value to our coun- |
try, and favor it's speedy completion.
We urge liberal appropriations for the
Improvement and development of the
interior waterways, believing that such
will return a large divi-
lend in lessened cost of transportation.
I'VE favor a generous pension policy,
both as matter of justice to the sur
living veterans and their dependents.
and because IT relieves the country of
he necessity of maintaining a large
standing army.
we condemn the experiments in i'm
oerialism as an inexcusable blunder
which has involved US in an enormous
expense. brought us weakness instead
If strength, and laid our nation open
o the charge of abandoning the fun
iamental doctrine of government