The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-08-26
Evils of Swollen Fortunes.

coming interested III the moraI dsPeee VI
language has pointed the evils winch
have grown out OF the existence OF
swollen fortunes the most OF Whch
have been amaSSed Dy tne DehellciaiieS
of this system.
Senator LaFollette, in speech de,
Uvered in the senate last March, exhibited
a list of less than one hundred men W Iis
he declared controlled the Industrial lie
of the nation, and hold In their hands the
business of the country. A casual read
ing of this list shows that 1t is nla9e up
of men who have been the bene1lclarles
of legislation or favorites in the admins
tration of the law.
.'The president rails against swollen
fortunes as menaceS to the pubnc wei
fare and as promotive of evils which eat
at the very heart of society.
"As remedies he has suggested an IN
come tax and an inheritance tax. that
their growth may be TO some extent
checked. ,..
1.-THE national convention of his party
is silent upon the question of these pro-
posed reforms. while the possesSors OF
most of these swollen fortunes, allied as
they are with the dominant forces of the
Republican party, are giving generous
SUPPORT to the Republican national
ticket. 1T. x,.o-,,,,,
the reform measures repudiated by the
Republican national convention. mas an
other remedy. 1t would by leglslatloht III
ey which under the present system are
flowing from every home in the land ana
emptying into the Golfers of the trusts;
"it would leave in the pockets of the
nroducers and laborers of this land every
dollar of the money they earn, save only
such amounts as may be needed 1or lne
economical administration of the govern
ment. -
at would by rigorous law enforcement
strike down private monopolies Whlcn
prey upon the people, and protect the
I Dy.A INN
by the great public corporations, whether
by excessive charges or by the oVerissue
of stocks and securities
I'm other words, 1t would undertake 10
of that good old Democratic maxim or
Thomas jefferson, Equal and exact jus.
tice to all men; special privileges TO none.
cit has no war to wage on capital III
has no quarrel with corporations honestly
capitalized, which carry on legitimate
| business according to law. 1t Will en-
courage the investment of capital IN the
development of the country and protect
it when invested.
Difference in Business.
at will draw sharp line between law
| full business lawfully conducted and I'M
lawful business or business carried on in
defiance of law and the rights of the
public, protecting the one. and protect
ing society from the other;
| 1T calls upon men and corporations
| lawfully engaged in legitimate business
not to ally themselves with men or cor
porations engaged in lawless ventures, but
to take a stand with the Democratic party
| in favor of such reforms as Will purge
the business world of lawlessness and le-
/ galized extortion, to the end that honest
capital and honest labor may go for
ward, hand in hand, in the development
of the country, each yielding to each It's
| just due I'm a spirit of fairness. and all
striving for the time when the door of
| opportunity shall be open TO all who de-
sire and deserve to enter.
| II will not at this time discuss the
| several planks of the national platform
/ endorse the platform in all its parts,
and pledge my best endeavors towards
securing the reforms to which the party
is by it's terms committed. AS the cam
paign progresses. shall discuss its varl-
| Gus features, from time to time, as OPP
portunity presents
There was perfect unanimity in the
convention as to the adoption of this dec
laration of principles. Men from every
state, distinguished for their ability and
patriotism prepared and presented 1t as
| a platform upon which all American vot-
ers who are in favor of the rule OF the
people, can conscientiously stand.
Prospects Are Bright.
Gentlemen, we enter upon this cam
paign with every prospect OF success.
Never has a political platform been re-
ceived with such favor by all classes Oh
people, and never has candidate been
presented by any party VINO was closer
to the hearts Of the people than our