The bee. (Earlington, Ky.) 1889-19??, 1908-06-25

the model child labor law for the his
trict Of Columbia, designed for emuIa-
ton by the states; the new statutes
for the safety of railroad engineers
and nremen. and many acts conserving
the public welfare.
Tariff Revision at Special Session
The Republican party declares UNI
equivocally for a revision Of the tariw
by a special session of congress TN
mediately following the inaugurstioB
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 operations
and effect of existing schedules.
In all tariff legislation the true prfD-
ciple Of protection is best maintained
by the imposition of such duties az wiz
equal the difference between the cost
OF production at home and abroad, to
gether with reasonable profit to
American industries, and the benefits
that follow are best secured by the es-
adjustment 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
countries against American goods en-
tering their markets, and the minimurs
to represent the normal measure o.
protection at home, the aim and pm.
pose of the Republican policy being.
not only to preserve, without excessive
duties, that security, against forefgzs
competition to which American marEu
facturers, farmers and producers ara
entitled, but also to maintain the high
standard of living OF the wage-earners
of this country, who are the most di-
rect benefciaries of the protective sys-
TEN.
Currency and Banking.
We approve the emergency meas
ures adopted by the government oar
ing the recent financial disturbances.
and especially commend the passage
by the last session of congress of tne
temporary enactment designed to pgc-
tect the country from a repetition
such stringency until there can be es-
tablished a permanent currency sys-
tenn that will avoid all emergencies.
The Republican party is committed to-
the development of such a. permanent
system, responding to our greater
needs and in line In all respects. With
the most progressive nations OF ths.
world and the appointment of a mon
etary commission by the present con-
gress, which viii impartially inveSta-
gate all proposed methods, insures The
early realization Of this purpose In
line with the purpose here declared to
secure by every wise means greater
safety and stability in the banking aDd.
currency system, we favor the estah-
lishment Of a postal savings bank fnz
the people, upon principles embodied
in the measure now pending in con
gress and set fon vote on December IL
next.
Antitrust Legislation.
The Republican party passed the
Sherman antitrust law over Demo-
cratic opposition and enforced it after
Democratic rejection. II has been a
wholesome instrument for good In the
hands of wise and fearless adnfnis-
tration. But experience has shown
that its effectiveness can be strength
ened and its real object better obtain
ed by such amendments as will give u
the federal government greater super
vision and control over and seeur9
greater publicity in the managemenk
of that class of interstate corporations
having power and opportunity 10 ef-
feet monopolies and at the same time
will not interfere with the operation
of such associations among buKiRess
men, farmers and wage earners as 70
suit In positive benefit to the public
Railroad Rate Law.
We approve the enactment of the
railroad rate law and the vigorous en-
forcement by the present adrninistrn-
ton of the statutes against rebates
and determinations, as the result OF
which the advantages formerly pos
sessed by the large shippers over the.
small shippers have substantially dis
Laws IN bonair OF Labor.
The enactment In constitutional
form by the present session of con
gress of the employers liability Law.
the passage and enforcement OF tn,
safety appliance statutes, as Weil as
the additional protection secured for
engineers and nremen; the reduction
In the hours Of laborers. trainmen ana
railroad telegraphers; the successful
exercise OF the powers OF mediation
and arbitration between interstate rail-
roads and their employees, and the law
beginning in the policy Of
for injured employees Of
he government are among the most
accomplishments OF The
present administration.
The Republican party win uphold az
Al times the authority and intesEsly =
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