The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1908-06-17
OUTLINE EOFPLATFORM
Principal Planks as Submitted to
Resolutions Committee.
BITTER FIGHT is PROBABLE

and Proposed Amendment of Sher-
man Antitrust Law Meets With !
Strong Opposition.
Chicago. June 1.-THE principal
planks in the platform as prepared for
submission to the resolutions commit
tee of the Republican national con-
vention are as follows, covering rail-
road regulation, revision of the tariff,
anti-injunction, the trust question and
currency reform:
''We approve the enactment of
railroad rate law and a vigorous en-
forcement of the present administra-
tion of the statutes against rebates
and discrimination as a result of
which the advantages formerly pos
sessed by the large over the smaller
shipper have substantially disappeared.
In this connection we commend the
appropriation of $35O,O00 by the pres
ent congress in order to enable the
interstate commerce commission to
thoroughly investigate and give pub.
licity to the accounts of interstate
roads.
1--WE believe, however, that the in,
terstate commerce law should be fur
ther amended so as to give railroads
the right to make and publish traffic
agreements subject to the approval of
the commission, but maintaining al
ba Of hn.
tween naturally competing lines and
avoiding the common control of such
lines by any means whatsoever and
we specially favor the enactment of
such legislation as will provide for
federal restriction against the over
issue of stocks and bonds by interstate
carriers.
For Revision of the Tariff.
''The Republican party declares un-
equiVocally for revision of the tariff
by special session of congress inn
mediately following the Inauguration
of the next president and commends
the steps already taken to this end in
the work assigned to the appropriate
committees of the two houses, which
are now investigating the operation
and effect of existing schedules. In
all tariff legislation the true principle
of protection is best maintained by the
imposition of such duties as will equal
the difference between the cost of pro-
duction at home and abroad, together
with a reasonable profit to American
industries and the benefits that follow
are best secured by the establishment
of maximum and minimum rates,
which shall be applied automatically
to the trade of other countries in ac-
cordance with their treatment of our
trade
"The minimum should represent the
normal measure of protection re-
quired for the benefit of our own in
dustries. The aim and purpose of the
Republican policy is not only to pre-
serve, without excessive duties, that
security against foreign competition
10 which American manufacturers,
farmers and producers are entitled,
but also to maintain the high standard
of living of the wage earners of this
country who are more direct benefi-
ciaries of the protective system. Be-
tween the United States and the Phil
ippines we believe In free inter-
change of products, with such limita-
tions Us to sugar and tobacco as will
avoid injury to domestic interests.
Regarding Writ of Injunction.
"We declare for such an amendment
of the statutes of procedure in the fed
eral courts with respect to the use of
the writ of injunction as will on the
one hand prevent the summary issue
of such orders without proper consid.
Grafton, and on the other will preserve
nndiminished the power of courts to
enforce their process, to the end that
justice may be done at all times and
to all parties"
The trust plank is as follows:
"The Republican party passed the
Sherman antitrust law over Demo
cratic opposition and enforced 1t after
Democratic dereliction. 1t has beer
a wholesome instrument for good In
the hands of wise and fearless ad
ministration. But experience has
shown that it's effectiveness can be
strengthened and its real objects bet
ter attained by such amendments as
will give to the federal government
greater supervision and control over
and secure greater publicity in, the
management of that class of interstate
corporations having power and oppor
tunity to effect monopolies, and at The
same time will not interfere with the
existence of associations among bust
ness men, farmers and wage Garner.
SO long as their conduct or operation
results in positive benefit to the pub
lic."
The currency plank contains thi
language:
"The Republican party approves th'
Aldrich-Vreeland currency bill, bu
only as an emergency measure. W.
declare for thorough and new sys
tenn of currency laws that will be Ii
accord with the need Of the time