Bluefield evening leader. [volume] (Bluefield, W. Va.) 1906-1911, 1908-03-09
MONDAY, MARCH o, 1OOs.
THE NEBRASKA PLATFORM


No corporation campaign contri
buttons; publicity for individual
contributions.
Federal and state licenses to con.
troll corporations; no company {,
control so per cent. OF any product
Tarin for revenue only.
Income tax; inheritance tax or
swollen fortunes"
Inland waterway improvements.
Immediate independence for Phil.
ippines.
The Drago doctrine.
Railroad regulation, valuation.
control of capitalization. lower
rates.
Guarantee of bank deposits.
Opposition to Aldrich and Fowler
currency bills.
Eight-hour day
Employers liability.
Restriction of Asiatic immigra
tion.
Separate statehood for Arizona
and New Mexico.
The declaration against campaign
contributions by corporations and
publicity of individual contributions
is timely. Our elections have been
debauched by corruption funds. The
nefenseless public should be pro
tected from this growing evil. The
recent Investigations in New York
proved that the funds poured into
the last Republican presidential
campaign barrel would have paid for
an ancient croesus dozen times
over.
The declaration in favor of state
rights will meet with the universal
commentator. With reference tc
this question the platform reads:
Believing, with Jefferson. I'm tho
support Of the state governments in
All their rights as the most compe
Tent administrations for our do
mestic concerns and the surest bul
wark against anti-Republican en-
denotes and in the preservation o
the general government in its whole
constitutional vigor, as the shee,
anchor OF our peace at home ana
safety abroad, we are opposed tc
the Capitalization implied in IN,
suggestions, now frequently made
that the powers OF the general gov.
eminent should be extended bv iudi
elal construction. While we favor
the exercise by the general govern
ment OF all It's constitutional au
thority for the prevention of monop
Oily and for the regulation OF inter
state commerce, we insist that fed.
eral remedies shall be added to. and
not substituted for state remedies.
The platform deals at length with
the tariff. II favors an immediate
revision Of the tariff by the reduc-
ton of import duties, and declares
that articles controlled by trusts
should be placed upon the free list
material reductions should be made
In the tariR upon necessaries Of life
and reductions should be made I'm
such other schedules as may be
necessary 20 restore the tariff 10 q
revenue basis
The platform does not declare fin
favor Of railroad ownership buf
asserts the right Of interstate con.
merce TO regulate interstate roads
and that people should be given fun
protection against discrimination
Upon the question Of wsterod
stock the platform reads:
We believe that both the nation
and the various states should FIRST
ascertain the present value OF the
railroads, measured By the cost of
reproduction; second. prohibit the
Issue OF any more watered stock or
fictitious capitalization: third. pro-
hibit the railroads from ENGAGING ir
any business which brings them into
competition with their shippers
and. fourth reduce traneDor+ati,r
rates until they reach point whore
they Will only yield q reasonable 20
turn on the present value of tt,
roads-8uch reasonable return being
defined as return sufficient 20 keen
the stock OF the roads az bar whom
such roads are honestly capitalized
mat drastic legislation should be
enacted against the issuance OF va.
tered stock Is apparent. but with
t9e idea that railroads should only
be allowed 70 earn reasonable 70
Turn such as a fair compensation
NhIeh would keep the stock az par
value We cannot quite agree Tf by
s@Eacious MANAGEMENT road can
earn a dividend which will run lts
stock even 90 two or three times te
par value, and do this without over