, 1908-06-22

lutul.
Notwithstanding the indefensible
flibustering Of n democratic minority
In the house OF representatives during
the last session, many wholesome and
progressive laws were enacted, and
we especially commend the passage OF
the emergency currency bill, the ap-
pointment Of the national monetary
commission, the employers and govern
ment liability laws, the for
the greater efficiency of the army and
the navy, the widows pension bill. the
child labor law for the District of Col
umbia, the new statutes for the safety
OF railroad engineers and hremen and
many other acts conserving the public
welfare .
The Tariff.
The republican party declares un-
~equivocally for a revision OF the tariff
by a special session of congress imme-
diately 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 congress which are now In
vestigating the operation and efecting
OF schedules. In all tariff legislation
the true principles of protection are
best maintained by the imposition of
such duties as will equal the difference
between the cost of production at home
and abroad, together with a reasonable
profit to American industries.
We favor the establishment of maxi
mum and minimum rates, to be admin
istered by the president under limita-
| tons fixed under the law, the maxi
mum to be available to meet discrim-
nations by foreign countries against
American goods entering their mar
kets, and the minimum to represent
the normal measure Of protection at
home; the aim and purpose of the
policy of the republican party being
not only to preserve, without excessive
duties, that security against foreign
competition to which American manu-
%facturers, farmers and producers are
entitled, but also to maintain the high
standard of living of the wage earners
OF this country, who are the most d.
rect be~neficiaries of the protective sys-
TEN. Between the United States and
the Philippines We believe in a free
interchange of products, with such
limitations as to sugar and tobacco as
will accord adequate protection to do
nestle interests.
Currency.
We approve he emergency meas
ures adopted by the government dur
ing the recent financial disturbance
and especially commended the passage
by congress at the last session of the
law designed to protect the country
from q repetition of such stringency.
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 congress, which will Inn
partially Investigate all proposed meth
DDS, insures the early realization OF
this purpose. The present currency
laws have fully justified their adop-
ton, but an expanding commerce, q
marvellous growth in wealth and popu.
lation, multiplying the centers Of dis
tribution, Increasing the demand for
movement OF crops In the west and
south and entailing periodic changes
in monetary conditions, disclose the
need of a more elastic and adaptable
system. Such a system must meet the
requirements of a~griculturists, manu-
facturers, merchants and business
generally; must be automatic in opera
Ition, minamizing the fluctuations in In.
terest rates, and, above all, must be
IN harmony with that republican doc
trine which insists that every dollar
shall be based upon and as good as
gold.
Postal Savings.
We favor the establishment OF q
postal savings bank system for the
convenience Of the people and the en-
| cOi1ra pament Of thrift
Trusts.
The republican party passed the
Sherman antitrust law over demo
cratic opposition and enforced it after
democratic dereliction. 1t has been a
Wholesale instrument for good in a
wise and fearless administration; but
the experience has shown that its ef-
fectiveness can he strengthened and
Its real objects better attained by such
amendments as will give to the federal
government great supervision over
and secure publicity in the manage
ment of that clas Of corporations en-
gagged in interstate commerce having
power and opportunity to effect monop-
olies.
We approve the enactment of the
railroad rate law and the vigorous n
forcement by the present administrar
ton of the statutes against rebates
and determinations as a result of
which the advantages formerly pos
sessed by the large shipper over the
small shipper have substantially dis
appeared; and in this connection we
commend the appropriation by the
present congress to enable the Inter
state Commerce commission to
thoroughly investigate and give publ
city to the accounts OF interstate rail-
roads. We believe, however, that the
interstate commerce law should be
further amended So as to give rail-
roads the right to make and publish
trafic agreements subject to the appro-
val Of the commission, but maintain
ing always the principle Of comreli-
ton between naturally competing lines
and avoiding the common control of
such lines by any mean whatsoever.
We favor such national legislation and
supervision as will prevent the future
over:ssue of stocks and bonds by in
terstate carriers.
Railroad and Government Employees.
The enactment in constitutional
form al the present session of con-
gress of the employers liability law;
the passage and enforcement Of the
safety appliance statutes as well as
the additional protection secured for
engineers and iremen; the reduction
| in the hours OF abO OF trainmen and