Daily press. [volume] (Newport News, Va.) 1896-current, 1908-08-26

4 and intolesSble. We therefore favor
/ the Vigorous enforcement OF tho crini'
, nal law against guilty trust masnates
! and officials. and demand the enact
i ment OF such additional legislation ~
may he necessary to make It tmpos.
sibie for a private monopoly to exist
In the United States. Among the ad'
lditional remedies. We specify three:
First. a law prevently duplication OF
directors among competing corporat'
tons: second. a license system which
!, will, without abridging the right OF
each state to create corporauons. os
its right to regulate rs 1t Will foreign
lcorporatiOns doing business *itnin I'VE
limits, make 1t necessary for manu-
featuring or trading corporation en-
gagged in interstate commerce 70 TAKE
out federal license tfore It shall DC
permitted to control as much az
twenty-five per cent OF the producs
in which 1t deals, the license TO pro.eet
the public from watered stock ana 10
prohibit the control by such corporat'
lon of more than fifty per cent OF the
total amount Of any product consumed
In the United states: and. third. q
law compelling such licensed corpor.
ations to sell to ali purchasers In all
parts of the country on the same
terms, after making due allowance
for cost OF transportation.
| Here is a plain, candid statement
OF the party's position. There Is no
ouibbling no evasion, no ambiguity.
4 private monopoly is indefensibie
and intolerable. 1t is bad-bad In
practice. No apology can ne offered
for It, and no people should endure
II" Our party's position Is entirety
| in harmony with the position OF lei.
ferscn. with a knowledge oil human
nature which few mn have equalied
and none surpassed. and With extra
ordinary foresight, he expressed un.
alterable opposition to every form OF
private monopoly. The student of his
tory will, find that upon this subject,
! as upon other subjects OF government
| the great founder of the Democratic
marty took his position upon the size
( Of the whole people and against those
who seek to make a private use OF
! government. or strive to secure spec
lial privileges at the expense Of the
public.
/ have, in discussing the tariff cues
ton. presented one OF our remeaes'
namely, the rmoyal Of the tariff from
imports which compete with trust
made goods. This, we believe. wouio
greatly lessen the extortion practiceu
by the trusts and bring about the ots'
solution Of many monopolistic com
hines. But We are not satisfied mere
" with the lessening Of extortion or
| with the dissolution OF some OF the
trusts.
| determination Favored.
| Because the private monopoly Is
indefensible and intoierable, the Demo
cratic party fayors its DETERMINATION.
II pledges itself to the vigorous en-
forcement of the criminal law against
trust magnates and officials these
officials are intimately connected WIN
the Republican party in the pressn'
campaiep. Take, for instance, the
chairman Of the Republican spaKer
committee. MIR. Dupont. OF Delaware
He is the defendant In a suit which tne
/ government brought and Is now prose
cutting. Mr. Dupont is charged Wltn
violation of the antitrust law. why
should he be put on the executive
committee and then be given contro'
Of the speaking part OF the campaign
lIf you talk to a republican leaders
about pententiary punishment for OF
tenders, he favors lining the corporat
ion ON the ground that 1t Is impos'
s,ble to convict individuals. out VIZ.
YOU urge fines you are tod tnat Lnss
are unjust to innocent stocknoioeIs
!, We favor both fine and Imprisonment,
but we think 1t is better 10 pIesen'
! monopolies than to first autnoIi1e
them to prey upon the public ana 'nen
itry to punish them for doing SO. M
Taft favors control OF trusts ihs.ea'
of determination, but after years o.
jexnerience the people have learned
That trusts control the government.
Our platform does not stop WIN
ME- enforcement Of the law: DE
imands III enactment Of such addltion
TAI legislation as may be necessary %
make It impos sible for private mon
;onlv TO exist in the United, States.
The Democratic party does not con
''tent itself with O definition OF the
vron& or with q 0enuncfation OF u
~ nroceeds to outline, remedies. Inc
tfirs; is a law preventing dulicafton
lof directors among competing COT
inoratIons. No one can object to tnss
lrc,nedy unless he is in sympanss
with the trrsts. rather than with ING
lpeople who are victimized by tns
ltrns,s. There Is no easier way o.
|stfilinr competition than to make on
ihoard IF directors serve for numoel
!of competing corporations. 1t is mo-
/ nece ssary for corporations to ente,
into an agreement for the restraint .,
trade n the corporations can. whnou'
violating the law, reach the same ene
Inv electing the same directors.
The second remedy Is one upon
vb,cb I desire to dwell Q: some iens'h
1--WE believe It to be . simple, ee~s
Iplcte and easily enforced remedy. Al
stated in the platform II Is:
eederal lieense System.
i "A license system which will, WIN
-. ,h-;A~srO the right Ct each statt