Omaha daily bee., 1908-06-19

solve of republican leadership in the legis-
lative department to keep step in the for
ward march to better government.
Notwithstanding the indefensible filibus-
house Of representatives during the last
session, man. wholesome ana progressive
laws were enacted, and we especially COM
mend the passage of the emergency cur
rency bill, the appointment of the national
monetary commission, the employers and
for the greater efficiency Of the army and
the navy, the widows pension bill, the child
labor law for the District of Columbia, the
engineers and firemen and many other acts
conserving the public welfare.
The Tariff.
The republican party declares %unequiv-
ocally for a revision of the tariff by a spe-
cial session of congress Immediately fol-
lowing the Inauguration of the next, prest-
dent and commends the steps already taken
to this end in the work assigned to the
appropriate committees of col sress which
are now Investigating tae operation and
effecting OF schedules. In all tariff eRis-
lation the true principles of protection is
best maintaped by the imposition of such
duties as VIII equal the difference between
the cost of production at home and abroad,
together with a reasonable profit to Amer
lean Industries.
We favor the establishment Of maximum
and minimum rates, TO be administered by
the president under limitations fiXed under
the law, the maximum TO be available to
meet determinations by foreign countries
against American goods entering their mar
kets, and the minimum TO represent the
normal measure of protection at homei
republican party being not only to pre-
serve, without excessive duties, that secur-
Iity against foreign competition to when
IAmerican manufacturers, farmers ana pro-
lducers are entitled, but also TO maintain
the high standard of living OF the wage
learners of this country, who are the most
direct beneficiaries Of the protective sys-
tenn. Between the United States and the
Philippines We believe in a free interchange
- 49, a NO ltnatNafNnna ~ 10
sugar and tobacco as will accord adequate
protection to domestic interests.
Currency.
We approve the emergency measures
cent financial disturbance and especially
commend the passage by congress at tbs
last session of the law designed to protect
the country from a repetition or such s.rln-
geney. The republican party is committed
to the development of a permanent cur
rency system, responding to our greater
needs, and the appointment of the national
monetary commission by the present con-
gress, which will impartially investigate
all proposed methods, insures the early
realization OF this purpose. TIT present
currency laws have fully justified their
adoption. but an expanding commerce, a
marvellous growth in wealth and ,popnla-
ton, multiplying the centers Of distribu-
ton. increasing the demand for movement
OF crops in the west and south ana entail
ing periodic changes in monetary condi-
tons, disclose the need Of a more elastic
and adaptable system. Such a system must
meet the requirements Of agricultuTalists,
manufacturers, merchants ana business
minimizing the fluctuations in interest
rates, and, above all, must be In harmony
that every dollar shall be based pon and
as good as gold.
Postal Savings.
We favor the establishment OF a postaI
savings bank system for the convenience OF
the people and the encouragement of THRIFT
Truata.
The republican party passed the sherman
antitrust law over democratic opposition
and enforced IL after democratic derelic,
ton. IL has been a wholesale instrument
tration; but the experience has shown tina
its effectiveness can be strengthened and
its real objects better attained by such
amendments as will give to the fedora.
government great supervision over ana Sc
cure publicity in the management OF tina
class Of corporations engaged In. interstate
commerce having power and opportunity C
effect monopolies.
We approve the enactment OF the rail-
road rate law and the vigorous enforcement
by the present administration Of the stat
utes against rebates and determinations as
a result OF which the advantages foTmerly
possessed by the large shipper over the
small shipper have substantially dtsap-
peared; and in this connection we commenc
the appropriation by the present congress
10 enable the Interstate Commerce commits
sion to thoroughly investigate ana give pub
licity 20 the accounts of Interstate rail.
roads. We believe, however, that the in
terstate commerce law should be furthel
amended so as TO give railroads the righi
to make and publish traffic agreements
but maintaining always the principle OF
competition between naturally competing
lines and avoiding the common control OF
such lines by any means whatsoever. w
favor such natnonal legislation and super
vision as viii prevent the future overissus
OF stocks and bonds by interstate carriers
Railroad and Government Employees
The enactment In constitutional form Al
the present session OF congress Of the EN-