Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1908-07-09
LOUOEST kEYNOTES

present.
Postal savings banks IA
vored.
Child labor attributed to
reign of monopoly fostered
by republican party.
Legislation demanded that
- will prevent the writ of in +
junction from being convert
r ed into an instrument Of OPP
preston"
Publicity of campaign con-
tributions pledged.
More railroad regulation
supervision over Issuance of
railroad stocks and bonds ia
vored. Physical valuation of
of transportation lines pro- :
d" claimed as first step.
#
Denver, July 8.-The keynote of
the coming presidential campaign OF
the democratic party, with especial
reference to the points upon which
issue will be made with the repubii
cans, was sounded by Theodore A.
Bell of California, who acted as TEN
pOrary chairman of the convention
He. made an eloquent demand 70"
the physical valuation Of railroad
property, which demand, presented by
the La Toilette people In the repuD-
Iican convention, failed to muster
much strength in the pow-wOW Of the
dominant party
More Railway Laws Needed.
cit is eminently proper" said Mr.
Bell that this convention should de-
fine the democratic attitude toward
the regulation Of transportation COM
panjes and call the attention of the
country to the indtsputabIe fact that
1T was only after years of democratic
effort that an amendment was made
to the nfcrstate-cOmmerCe law au-
thOrizing the commission to estab-
Iish reasonable rates whenever it
appeared tuat an existing schedule
was unjust and unreasonable.
"Tha national platforms of the re
publican party remained silent upon
this great question for years and the
fact that the necessary change was
advocated by a republican president
who succeeded only through the aIa
of the democrats In both branches OF
congress in placing the amendment
upon our statute books, does not af-
feet the credit to which our party IS
entitled for having worked persistent
ly for such an enactment.
Further amendment to our laws
giving the federal government super
vision over the issuance of railroad
stocks and bonds is demanded
Physical Valuation First.
The fixing of transportation
charges and the control of assurances
of railroad securities are inseparably
connected with the actual valuation
OF railroads The democratic party
believes that the first thing to do IS
TO secure a physical valuation of the
roads-that is, a valuation ot\the sol
id rather than the liquid assets o.
railroad companies-while, On the
other hand, the republican party, on
a roll call in the convention, by an
overwhelming vote, took an unequivO-
cal stand in favor of a system of wa
ter rates without giving the people
the benefit of a meter.
No Retrenchment by Republicans.
We search in vain for one syllable
in the Chicago platform pledging the
republican party to retrenchment and
reforms; and it is no mere coinci-
deuce that has given us a billiOn-dol-
lar session Of congress on the eve OF
a national election and the possible
revision of the tariff.
Tariff Revision Demanded.
with the power and opportunity
TO carry out democratic principles
we will be called upon to revise ~
tariff laws in the interests of the
whole people. This issue cannot be
disposed OF bN tue assertion lnat the
republican party also stands for tac
fff reform. Republican revision and
democratic revision are two 6ifferent
things.
The democratic idea is that where
the tariff enables the trusts to main
tain system of extortion the duty
should be removed from all trust
made goods, so that competition
from abroad may compel REASONABLE,
prices to our own people. There !:
vast difedence between the protec
ton of American industries and tht
protection of criminal monopolies.
THE expenses Of our government
even when most economically admin
istered, viii always. require substan
7iaI tariff rates, for the customs du
ties will always be our chief sourc
Of revenue. The amount and distci
button of these rates must always b
alivered along equitable lines, keer
view the greatest happiness
,k->-.A 49, -