The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1908-07-17

FAlJN or l2U6
OF the state government in all their rights
as the most competent administration for
our domestic concerns and the surest bull
and in the preservation of the general
government in its whole constitutional
yigor as the sheet anchor Of our peace at
to the Capitalization implied In the sug-
gesuons. now frequently made, that the
powers OF the general government should
De extended by executive and legislative
action and by judicial construction. There
Is no twilight zone between the nation
ests can take refuge from both. and 1t is
as necessary that the federal government
shall exercise the powers delegated to it
as 1t is that the state governments shall
use the authority reserved to them. but
we Insist that the federal remedies for the
regulation OF interstate miner and for
the prevention of private monopoly shall
be added to. not substituted for, state
remedies.
Tho Tariff.
We welcome the belated promise Of tar
party In tardy recognition of the right
eousness of the democratic position on this
question. But the people cannot safely
Wwork TO a party which is so deeply OBJ
'ga.ed to the highly protected interests
tenuon to the significant fact that the
promised relief was postponed until after
TIE coming, electton-an election to sue
Gsca IN Which the republican party must
nave tnat same support from the benefit
Charles of the high protective tariff as it
mas always heretofore received from
ing years of Uninterrupted power no ac-
ton whatever has been taken by the re-
Pubhcan congress- to correct the admitted
" existing tariff iniQuities.
We favor immediate revision OF tho tar
N oy tho reduction OF import duties. Ar
.iGles entering Into competition with trust
the free list. and material reddttions
should be made In the tariff upon the
n emnssine Of life, especially u,pon articles
iactures as are sold abroad more cheaply
than at home; and gradual reductions
sh0uld be made IN such other schedules as
may be necessary to restore the tariff to
a revenue basis.
Existing duties have given to the manu-
lecturers of paper a shelter behind which
the price OF pulp and of paper, thus Inn
posing a tax upon the spread of knowl-
Of the tariff on wood pulp, print paper,
lumber, timber. and logs, and that these
articles DO placed upon the free list.
Trusts.
a private monopoly is indefensible and
orous enforcement of the criminal law
against guilty trust magnates and Off
Gals: and demand the enactment Of such
to make 1T impossible for a private mo-
nopoly to exist in the United States.
Among the additional remedies we specify
three: az "A law preventing a duplication
OF directors among competing corpora
tons: % a license system which will,
to create corporations. or its right to reg
business within its limits. make i. nee.
corporations engaged in Interstate com.
morce to take out a federal license before
IT shall be permitted to control as much
deals. the license to protect the public
from watered stock and to prohibit the
control by such corporation of more than
duce consumed in the United States, and
O.. q law compelling such licensed corpor-
afi9 ms to sell to all purchaser in all parts
making due for cost Of trans
portatiOn.
Railroad Regulation.
We assert the right Of congress to ex-
commerce and the right OF each state to
exercise like control over within
Its borders.
powers OF the Interstate Commerce COM
mission as may be necessary to compel the
railroads to perform their duties as COM
and restore confidence.
We favor the efficient supervision and
regulation Of railroads engaged in inter
- Nv iii OllO we ICCOIu.
mend the valuation of railroads by the
Interstate Commerce commission, such
valuation to a into consideration the
nay cost and the cost Of reproduction and
elements q value that will render the
We favor such legislation as will pre-
vent the railroads from engaging in bust
ness which brings them into competition
with their shippers. also legislation which
will assure such reduction in transporta-
ton rates % conditions will permit, care
being taken to avoid reduction that would
compel = educ = = Of 3 prevent ade-
Investments.
We heartily approve the laws prohibit
Ing the pass and the rebate. and we ia
restrain. correct and prevent such abuses.
We favor such legislation as Will In
crease the power of the Interstate Com
alive with reference to rates and trans
portation charges put into effect by the
rsilIoad companies, and permitting the
own Initiative to declare a rate Illegal
end A. being more than should be charged
thereto is inadequate by reason Of the fact
that the Interstate Commerce commission
10 without power to hx or Investigate a
rate until complaint has been made to 1t
We further declare that all agreements
OF TRAFFIC or other associations OF railway
be unlawful unless filed with and ap-
proved by the Interstate Commerce com
mission.
We favor the enactment of a law Civ
Ing to. the Interstate Commerce commits
sion tho power to inspect roposed rail-
road tariff rates or schedules before they
shall take effect. and. II they be found
to be unreasonable. to initiate an adjust
ment thereof.
Banking and Currency.
h panic Of 1907. coming without any
party had for q decade been in complete
control Of the federal government, fur
willing o incompetent to protect the in
terests Of the general public. Il has 50
the sins Of the s~peculators are visited up
on the whole people. While refusing to
rescue the wealth producers from spolia-
alton At the hands of the stock gamblers
and SPECTATORS in farm products 1t has
deposited treasury funds, without interest
and without competition. in favorite
benks. II has used an emergency for
which 1t 10 largely responsible to force
through congress a bill changing the basis
Of bank currency and inviting market
$50 ~1n,,1AkN~ -