The herald and news. [volume] (Newberry S.C.) 1903-1937, 1908-06-23

| >A'3 s.AA" All viz hiiAlllhCS we UclISNC
in a free interchange of products
with such limitations as to sugar and
tobacco, rs will afford adequate pro-
lection of domestic interests.
We approve the emergency meas
ure adopted by the government dir
ing the recent financial disturbance
and especially commend the passage
by congress at the last session of the
law designed to protect the countl,
from repetition Of such stringency.
The Republican party is committed
to the development of permanent
currency system, responding to our
geatcr needs, and the appointment
Of the national monetary commission
by the present congress, which will
impartially investigate all proposed
methods, insurcs early realization Of
this purpose. The present currency
laws have fully justified their adop-
ton but an expanding currency,
marvellous growth in wealth and pop.
ulation multiplying the ccntcrs .c
distribution, increasing the demand
for the movement of crops from the
West and South, and cntailing per-
iodic changes in monetary conditions,
disclose the need Of more elastic
and adaptable system.
Such system must be automatic
in opcratiaon, minimizing the fluc-
tuations in interest rates, and, above
all, must be in harmony with that
Republican doctrine which insists
that every dollar shall be based up
! on and as good as gold.
We favor the establishment of
postal savings bank system for the
convenience Of the people and the en-
couragcmcnt of thrift. The Republic
can party passed the Sherman anti
trust law over Democratic opposition
and enforced it after Democratic de-
reelection. IT has been wholesome
instrument for good in the hands Of
wise and fcarlcs administration But
experience has shown that its c(fcc-
tivcncss can be strengthened. and lis
! real objects better attained by such
amendments as will give to the fed
rral government greater supervision
and control over, and secure greater
publicity in the management Of that
class Of corporations engaged in in
tcrstate commerce having power and
opportunity to effect monopoles.
We approve the cnactmc,> Of the
railroad rate laws and the vigorous
enforcement by the present admins
tration of the statutes against rebates
and determinations.
We believe, however, that the in
tcrstate commerce law should be fur
Their amended to give railroads the
right to make and publish traffic
agreements subject to the approval
Of the commission, but maintaining
always the principles of competition
between naturally competing lines
and avoiding the common control of
such lines by any means whatever.
We favor such national legislation
and supervision as will prevent the
future ovcr-issuc of stocks and bonds
|
The Republican party pledges its
continued devotion to cvc"y cause
that makes for safety and the better
mcnt of conditions among hose
whose labor contributes so much to
the progress and welfare Of the
country.
The same wise policy which has IN
duccd the Republican party to main-
tain protection to Amer lean l"Lcr al
50 establish an eight hour day in The
r,n>trlct;cn Of all pubic -; to
al - child labor statute y The
l">tr!ct oc Columbia: to direct an IN.
vcSti@ntinn inio the G" editions Of
working women and ch' lr"n and lat
or. nf employees Of telephone and trlc-
Graphs companies engaged IN inter
state business and to amend and
strengthen the law prohibiting the
importation of contract labor, will be
pursued in every legitimate direction
within federal authority to l."htcn
the burdens and increase the oppor-
tunity for happiness and advance
mcnt of all who toll.
"'rhc Republican party will up
hold ut all times the authority and
integrity Of the courts. State and fed
cral, and will ever insist that their
powers to enforce their processes and
to protect life. liberty and property
shall be preserved inviolatc.'