The free lance. (Fredericksburg, Va.) 1885-1926, 1908-07-11

meat OF such additional LEGISLATION as
,aay be necessary O. nASl ft ,unoe-
sihie for private s.onorOiy CD ckis
in the United states. Among The a idi
tioual rcmcdics 'ro specify three.
First a law preventing duplCo-
tion of directors among conn. tirg COW
poratons; second license system
which wlN. without ahri3ginc she rl-nt
II each state to create Corrr~atic-7 o.
its right 90 regulate as 60 vtn frr i-r
corporations doins business wichita its
limits. make &c necessary !cr an na
featuring or troding corD~-aIirn en-
gagged I'm interstate couw-' c o. tsSc
cut federal license bciov- 20 s. an bc
permitted 90 control as much rs
IS Per cent OF the product I'm which (,
deals. the license to protect the D rblic
from watered stock ana % proailit the
control by such corporation of more
than SD per cent O. the to-al a,r1r-t
~ any product consumed in the UrHcl
States. and third. lew compel
sach licensed corporations O. sell tr
ala purchasers ia all parts of the coun
Try on The same terms. after uaNlne
1co allowance Tor costs Of Transports
ton
Railroad Regulations.
1--WE assert the rignt OF congress- G,
exercise complete control over inter
state commerce and the right OF cacl
state 90 exercise Ike control over con,
mcrce within It's borders.
we demand such enlargement 0l
] the powers OF the Interstate eoInmcrc.
commission as may be necessary O.
compel railroads 70 perform their an
ties as common carriers and prevent
| discrimination and eNtortion
We favor the efficient supcrvi ior
and rate regulation of railroads en-
cared In Interstate commerce. To- thf
CL1 we recommend tho valuation o
railroads by the interstate com crc
I commission. such valuation 70 take il
% consideration the physical saIu. o.
/ The property. the original ccsi VI r.
/ production and an elements of vaiu
/ that viii render the valuation .na
Iair and just
eve favor such Legislation as W
! prohibit the railroads from luzl-.
| iu business which hrinrs them int
| competition with their shippers. ais
/ legislation which VIII assure such rc
1 due on in transportation rates as con
/ i.UCns win permit care being take.
/ TO avoid reductions that would cowpe
I q reduction of wages. prevent adcqua-
service or go injustice r7-legltimate in
/ vosfmcnfs.
Banking.
The panic OF 1907. coming without
| any legitimate excuse. when the r.
publican party had for a decade beer
in complete control OF the federal 60,
e7ume ut furnishes additional proc
that II is either unwilling or incomp.
tent 20 protect the interests OF III
| general public. Il has SO linked a.
! Coartry To- Wall street that the sins q
/ the Spectators are visited upon III
whole people 70 has used an emel
| gency Tor which &c Is largely resQon
Die 90 force through congress a bi
CLEANSING the basis of bank curronc
and inviting market manipulation. ar
has failed 20 give 20 the 100000 e.
/ positors ~ the country protection I.
their savings.
we believe that insofar as "a
| needs OF commerce require an ouei
/ glrry currency. such currency saou.
| Doe issued controlled hy the feIer1
| government and loaned on adeoue
I security Co national and state hark
i We pledge ourselves TO legislation u-
der which the national banks shall r
/ required 70 establish guarantee m1
/ ior the prompt payment OF the dep g.
/ tors OF any iusoiyent national ban
/ under an equitable system which sha
/ De- available to all state banking 4.
/ situations wishing 90 use IT.. We tavl
| a postal savings bank y the cua-a.
/ tcea bank cannot be secured. and a
10 ho constituted so as 20 keep the 2,
| posted money in the commun. o
where il is established.
Home Rule.
I'VE are opposed 10 the central. q.
ton implied n the suggestions. nos
| frequently made. that tho powers @
/ the general scyernmcnt should b. e'
/ tended by executive and lesislauy
action and hy judicial construction
| There is no twilight zone between IA
nation and the state IN which c'
| plotting interests can take refuge fra.
/ bo;h and IT. Is necessary that TIE re-.
I eral government shall exercise IN
powers delegated 20 ii as it is thar -
state governments shall use the ga
thQrity res rived 10 them. bat We iusis
thai the federal remedies for thu r- g,
latiou OF Interstate commerce and f1
the prevention Of private moncp1l
shall be added to. not substituted a.
state remedies.
Misuse Of Patronage.
we condemn. as a violation o. "a
spirit of our Institutions. the a~tiD
OF the present chef executive In US III
the patronage OF his high Office u se
| cure the nomination OF one OF his csSl
net officers. A forced succession in thi
presidency IS scarcely less repugnan
10 public sentiment than IS life tcnur
in that Office
Waterways.
We earnestly favor the immediet
adoption Of a liberal and compreher
sive plan. for improving every wat.
| course in the Union which lie justlie
| by the needs of commerce. and to 50
| cure that end the connection of III
| great lakes with the navigable river
and with the Gulf through the Miss. "a
/ sippi river. and the navigable river
with each other. and the rivers. bay