The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1908-07-18

on behalf OF, or consent to the contri-
button by, a corporation of any money
or thing of value to be used in further
ing the election OF a president or vice.
president of the United States or OF any
member of the congress thereof.
We denounce the action of the Re-
publican party. having complete con-
troll of the federal government. for its
failure to pass the bill introduced in
cation of the names of contributors and
the mount contributed toward cam
paign funds. and point to the evidence
of their insincerity when they sought
by an absolutely irrelevant and impos-
sible amendment to defeat the passage
OF the bill. AS a further evidence or
their intention to conduct their cam
paign in the coming contest with vast
sums of money wrested from favor
seeking corporations, we call attention
to the fact that the recent republican
nat 'onal convention at Chicago refused
wi IN the plank was presented to IT to
declare against such practices.
We pledge the Democratic party to
the enactment of a law preventing any
corporation contributing to a campaign
fund and any individual from contrib
uting an amount above a reaSona be
maximum and providing. for the ,publi-
cation before election of all such con-
tributions above a reasonable mini
mum.
Rights OF the States.
Believing. with Jefferson. in the
support of the state governments in
III lllCll lIShlo do llC RpliRNNCilN
administration for our domestic con-
Germs and the surest bulwark against
anti-Rcpublican tendencies" and in
the preservation of the general gov
eminent in its whole constitutional
vigor as the sheet anchor of our peace
at home and safety abroad" we are op-
posed to the Capitalization implied in
these suggestions. now frequently
made. that the powers of the govern
ment should be extended by judicial
construction. There is no twilight zone
lAX ,-AA. Tho md tho Cfnfn I n
which exploiting interests can TAKE
refuge from both; and it is as neces-
sary that the federal government shall
exercise the powers delegated TO IT as
it is that the state governments shall
use the authority reserved to them. but
we insist that federal remedies for the
regulation of interstate n
for the prevention of private monop-
for, state remedies.
Tariff.
We welcome the belated promise of
tariff reform now affected by the Re.
the Righteousness of the Democratic
position on this question; but these
people cannot safely intrust the exc
cution of this important work to a
party which is so deeply obligated to
the highly protected interests as is the
Republican party. We call attention TO
the significant fact that the promised
relief was postponed until after the
coming election-an election to succeed
in which the Republican party must
have that same support from the
beneficiaries of the high protective
tariff as it has always heretofore re
ceived from them; and to the further
fact that during years of uninterrupt-
ed power no action whatever has been
taken by the Republican congress TO
correct the admittedly existing tarl1
iniquities.
tariff by the reduction of import duties.
a rtic1aS entering into competition with
trust-controlled products should be
placed upon the free list. and material
reductions should be made in the tariff
upon the neCeSSaries of life. especially
upon articles competing with such
American manufactures as are sold
abroad more cheaply than at home; and
graduate reductions should be made IN
such other schedules as may be neces-
sary to restore the tariff to a revenue
basis.
Existing duties have given to the
manufacturers Of paper q shelter be-
hind which they have organized com,
binations to raise the price of pulp and
of paper. thus imposing a tax upon the
spread of knowledge.
We demand the Immediate repeal Of
the tariff on pulp print paper, lumber,
timber and logs and that these articles
be placed upon the free list.
Trusts.
A private monopoly is i~ndefensible
and intolerable. We. therefore. favor
the vigorous enforcement of the Grim
inal law against guilty trust magnates
and officials. and demand the enactment
of such additional legislation as may
be necessary to make it impossible for
a private monopoly to exist in the UNI
ted States. Among the additional rem
edies we specify three: First. q law
preventing a duplication OF directors
among competing corporations; second,
a license system which Will, without
abridging the right of each state to
create corporations. or its right to reg
ulate as it will foreign corporations
doing business within its limits, make
it neceSSady for a manufacturing or
trading corporation engaged In inter,
state to take out a federal
license before it shall be permitted to
control as much as % per cent. of the
product in which it deals, the license to
and to prohibit the control by such cor.
~poration of more than so per cent. or
the total amount OF any product con
sumed in the United States; and third,
a law compelling such licensed corpo-
ration to sell to all purchasers in all
parts of the country on the same terms;
after making due Tor cost OF
transportation.
Railroad Regulations.
We assert the right of congress to
exercise complete control over inter-
state and the right of each
state to exercise like control over COM
merce within it's borders.
We demand such enlargement OF the
powers of the interstate commerce com
mission as may be necessary 70 compel
railroads to perform their duties as
common carriers and prevent dlscrlm-
ination and extOrtion.
We favor the efficient supervision and
rate regulation of railroads engaged
in Interstate commerce. and to this
end we the valuation OF
railroads by the interstate
commission, such valuation to TAX into
consideration the physical value OF the
property, the original cost, cost or pro-
duction and all elements of value that
will render the valuation made falr ano
just. Ill o
hibit the railroads from engaging IN
business which brings them into compe-
tition with their shippers. also Legislation
which will assure such reduction IN
transportation rates as conditions VIII
permit, care being taken to avoid reduc-
lions that would compel a reduction OF
wages. prevent adequate service or &c
Injustice to legitimate Investments. we
heartily approve the laws -prohloltlne
the pass and the rebate, and we FAVOR
any further necessary Legislation 10 re-
strain, control and prevent sucn ABUSES
We favor such legislation as Will IN
crease the power of the interstate CON
merce commission, giving to 1T the inltia'
tive with reference to rates and trans
portation charges put into effect by tnt
railroad companies, and permitting the
interstate commission on lts
own initiative to declare a rate mega
and as being more than Sn0ulo pe
charged for such service. That the pres
emf law relating thereto is Inadequate by
reason of the fact that the Interstate
commission is without power
to fix or investigate a rate untli con-