The star and Newark advertiser. [volume] (Newark, N.J.) 1908-1909, 1908-06-18

railroad engineers and fremen and
many other acts conserving the pub
lie welfare.
Declares for TnriR Revision.
The Republican party declares uD-
equivOcaliy for n revision of the tariff
by u 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 COM
mittees of the two houses, which are
now Investigating the operation and Ell
feet of existing schedules.
In all tariff legislation the true prin-
ciple of protection is best maintained
by the imposition of such duties as Will
equal the difference between the cost
of production at home and abroad, to-
gether with a reasonable profit to
American industries, We FAVOR the
establishment of maximum and mini
mum rates to be administered by the
President under limitations fixed in the
law, the maximum to be available TO
meet determinations by foreign
tries against American goods entering
their markets, and the minimum to rep
resent the normal measure of protec-
ton at home; the aim and purpose OF
the Republican policy being not only
to preserve, without excessive duties,
that security against foreign compe-
tition to which American manufac-
%turers, farmers and producers are en-
titled, but also to maintain the hlgh
standard of living of the wage-earner
of this country, who are the most
direct beneficiaries of the protective
system.
Between the United States and the
Philippines we believe in a free inter-
change of products, with such limita-
lions as to sugar and tobacco as Will
afford adequate protection to domestic
interests.
We approve the emergency measures
adopted by the government during the
recent financial disturbance, and espe-
cially commend the passage by the last
session of Congress of the law designed
TO protect the country from a repetition
of such ~stringency. The Republican
party is committed to the development
of a permanent system, responding to
our greater needs and the appointment
OF the national monetary commission
by the present Congress, which will I'M
partially investigate all proposed meth
DDS. insures the early realization of this
purpose.
The present currency laws have fully
justified their adoption, but an expand
ing CONNIE zee, n marvellous growth IN
wealth and population, multiplying the
centres of distribution. increasing the
demand for the movement of crops in
the West and South and entailing peri
odic changes in monetary conditions,
disclose the need of a more elastic and
adaptable system. Such a system must
meet the requirements of ag~ricultur1Sts.
manufacturers, merchants and business
men generally, and must be automatic
in operation, minimizing the huctua-
lions in interest rates and above all
must be In harmony with that Repub-
lican doctrine which insists that every
dollar shall be based upon and as good
as gold.
We favor the establishment of postal
savings banks for tho convenience of
the people and the encouragement of
thrift.
The Republican party passed the
Sherman antitrust law over Demo-
cratic opposition. and enforced it after
Democratic dereliction. 1t has been q
wholesome instrument for good in the
hands of a wise and fearless admins
tration. But experience has shown that
its effectiveness can be strengthened,
and It's real object better attained by
such amendments as Will give to the
Federal government greater supervision
and control over, n secure greater
publicity in the management OF that
class of corporations engaged In inter-
state having power and OPP
p~ortunity TO effect monopolies.
For Railroad Rate LAW.
We approve the enactment of the
railroad rnte law and tho vigorous en-
fOrcement by the present admInistrn-
tiOn of the statutes against rebates and
determinations. as the result of which
the advantages formerly possessed by
the large shippers over the small ship
pers have substantially disappeared. In
his connection we commend the app
preparation of sa50,000 by the present
Congress in order to enable the INTER
state Commerce Commission thorough
ly to investigate and to give publicity
to the accounts of interstate railroads.
We believe. however, that the inter-
state commerce law should he further
dliitllutd ST. aS ~ 6lN0 AAA1
right to make and publish traffic agree
ments. subject to the approval of the
commission, but maintaining always
the principle of competition between
naturally competing lines n avoid
ing the common control of such lines
by any means whatsoever. We favor
such national legislation and super
vision as will prevent the future over
issue of stocks and bonds by interstate
carriers.
The enactment, in constitutional form
by the present session of Congress of
the employers liability law; the pas
sage and enforcement of the safety ap-
pliance statutes, as well as the addi-
tional protection secured for engineers
and nremen; the reduction in the hours
of laborers, trainmen and railroad
t~elegraphers; the successful exercise
of the powers of mediation and arbi-
tration between interstate railroads
and their employees, and the law MAX
ing a beginning in the policy of COM
pensation for injured employees of the
government, are among the most com
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