The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-06-17

needs and in line In all respects WIN
the most progressive nations OF the
world. and the appointment OF mon
etary commission by Ahe present Con
Eress, which will impprtally investi-
gate all proposed methods insures the
early realization of this purpose.
The present currency laws nave tnliy
justified their adoption. but an expand
ing commerce and marvellous growth
in wealth and population. multiplying
the centre of distribution. increasing
the demand for the movement OF crops
in the West and South and entailins
lions. disclose the need OF a more
elastic and adaptable system Such
system must meet the requirements
OF agriculturists, manufacturers. mer-
automatic in operation, minimizing the
fluctuations In interest. and above all,
it must be in harmony with the Re
publican. doctrine which insists that
every doilar shall be based upon re-
deemable 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 the
banking and currency system. we ia
l.vor the establishment OF postal savings
embodied in the measure now pending
| in Congress and set for vote on De.
cember l4th next.
Antitrust ana Rate Laws.
1 Inc ISepIDiICdu patty poSSSS l~i'S
sherman antitrust law over Demo
cratic opposition. and enforced 1t after
Democratic rejection. It has been
Wholesome instrument for good In the
hands Of wise and fearless ADMINS.
/, tration, but experience has shown that
Hts effectiveness can be strengthened,
and its real object better obtained, by
such amendments as Will give 70 the
Federal government greater supervi-
| sion and control over and secure great
| er publicity in the management OF tnat
| class Of Interstate corporations having
| power. and opportunity to effect mo,
nopolies and at the same time VIII
| not interfere with the operation Ct
linen, farmers and wase-earners as re-
| suit in positive benefit the public.
1 i've approve the enactment OF the
railroad rate law and the vigorous
tration of the statutes against rebates
4 and DETERMINATIONS, as the result OF
Which the advantages formerly pos
sessed by the large shippers over !ae
appeared. In this connection we COM
mend the appropriation of Ss5O.oOO Ply
4 the present Congress- in order to en-
able the Interstate Commerce Commits
sion thoroughly to investigate ana to u
I terstate railroads. We believe, how
ever, that the Interstate commerce law
should be further amended, so as. tc
give railroads the right to make anc
\ publish traffic agreements. subject tc
! the approval Of the commission, bu,
fmaintaining always the principle q
competition between naturally Compel
Z ing lines and avoiding the common
4 control OF such lines by any means
4 Whatsoever and especially favor the
4 enactment OF such Legislation as vii
I lprevent by Federal restriction the ~
q ture over1ssue of stocks and bonds BY
interstate carriers.
TO better Labor Conditions.
The enactment in constitutions
form by the present session OF = Con
gress of the employers liability law
tho passage and enforcement Of tn
the additional protection received 70
II engineers and firemen, the reduction
q in the hours OF laboIers, trainmen an.
railroad photographers; the successful
= exercise of the powers of ymedtnttol
and arbitration between interstate rail-
roads and their employees, and the lar
8 making beginning In the policy o
compensation for injured employees .
1.-THE government are among tho mos
commemorative accomplishments OF tn
"A present administration. But there
further work this direction yet
be done. and the Republican part
4 lthat~makes for safety and hetterrlNn
tof CONDITIONS among those whose labo
4 contributes so much to the rro s to''
Il and welfare az tho country. The SAN
wise policy which has induced the Re
publican party tn maintain prot 10
4 to American labor, to establish y
II eiylt-hnur day In the constr lion g
all public work, to increase the list g
employees VIVA shall haxa- M afsIr al ala4'