The weekly herald. [volume] (Amarillo, Tex.) 1906-19??, 1908-09-03
power o protect their own people.

cratic platform with the Republican
platform. Nowhere 10 the difference
In he temper OF the parties more no
tlecable; nowhere is the difference
In the temper Of the parties more no.
tlcsable; nowhere Is the difference
says;
- private monopoly Is indeien-
slble and intolerable. We therefore
favor the vigorous enforcement OF
the criminal law against guilty trust
magnates and officials, and demand
the enactment OF such additional leg
islatlon as may be necessary TO make
II impossible for a private monopoly
to exist in the United states. Among
the additional remedies, we specify
three, First, law preventing a
duplication OF directors among com
petIng corporations; second, a lie
ense system which, will without
abridglns right OF each state to Gre
ate corporation. or It's right TO reg
ulato rs Il will foreign corporations
doing business within It's limits, make
II necessary for a manufacturing or
tardlng corporation engaged inter-
state commerce to take out federal Ii
cense before It shall be permitted to
control as much as 25 per cont OF
the product In which II deals, the IL
cenae TO protect the public from wa
tered stock and to prohibit the con-
troll by such corporations Of more
than so per cent OF the total amount
OF any product consumed in the
United states; and, third. a law COM
polling such licensed corporations to
sell TO all 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
qulbbling, no evasion, no ambiguity.
A private monopoly is indefensible
and intolerable. II is bad-bad In
principle, and bad in practice. No
apology can be offered for II, and no
people should endure It. Our party's
position is entirely In harmony with
tho position OF Jefferson. With a
knowledge OF human nature which
few men have eQualled and none sur
passed. and with extraordinary fore
aight he expressed unalterable OPP
position to every form OF private
monopoly. The student OF history
will find that upon this subject, as
upon other subjects OF government,
the great founder OF the Democratic
party took his position upon the side
OF the whole people and against those
who seek to make a private use OF
government, or strive to secure spe-
clal privileges at the expense Of the
public.
have, in discussing the tariff
question, presented one Of our rem
edies. namely. the removal OF the
tariff from imports which compete
with trust made goods. This, we be-
lieye, would greatly lesson the ex-
tortion practiced by the trusts and
bring about the dissolution OF many
monopolistic combines. But we are
not satisfied merely with the lessen
ing OF extortion or with the dissolu-
tton OF some OF the trusts.
Because the private monopoly Is
indefensible and intolerable, the
Democratic party fayors extermina-
tion. II pledges itself to the vigor'
GUS enforcement Of the criminal law
against trust magnates and officials
II Is impossible for the Republican
party TO enforce the present criminal
law against trust officials; these Of
ficlals are Intimately connected with
the Republican party in the present
campaign. Take, for instance, the
chairman OF the Republican speak.
er's committee, Mr.. Dupont of Del
aware, He IL the defendant In suit
which the government brought and
Ia now prosecuting. Mr.. Dupont Is
charged with violation OF the anti
rust law Why should he be put on
the executive committee and then be
given control OF the speaking part
OF the campaign? II you talk to a
Republican leader about peniten-
tiary punishment for offenders, he
tayors filming the corporation on the
ground that 1t is impossible to con
vict individuals, nut when you urge
fines you are told that fines are I'M
just to innocent stockholders. We
favor both fine and Imprisonment
but we think It 10 better to prevent
monopolies than to first authorize
them to prey upon the public and
them try to punish them for doing so,
Mr.. Taft favors control OF trusts in.
stead OF determination, but after
years OF experience the people have
III n a. L.