New-York tribune., 1908-07-10

for cost of transportation
RAILROAD REGULATION.
We assert the right Of Congress TO exercise CON- M
right of each state to exercise like control over
commerce within its borders :,
the Interstate Commerce Commission as & may y, a 2s
| duties as common carriers and prevent discfimi-
We favor the efficient supervision and rate regu-
| ation of railroads engaged in interstate com,
rsroads 50 by ths l Interstate Commerce COMMITS
sion. such valuation to take into consideration cor the
and cost of reproduction and all elements OF value
that We vi" aror suc the aos viii ian
railroads from engaging In business which brings
legislation which viii assure such. reduction in
aKen to avoid T that would
reduction of wages prevent adequate service or
iiy approve the laws prohibiting the and the
rebate. and We favor any further necessary iegisa
ton restrain, control and prevent sucn ABUSES
We favor such legislation as viii Increase the
nH to IT # the Initiative with reference rates and
transportation charges put into effect by the rall-
r0sd ana o e OWN initiative to declare
rate Illegal snd as being more tham snouio Ia ns
relating thereto is INADEQUATE by reason OF the fact
out power to fix investigate rate until com
plaint has peen made to it by the shipper
We further declare that all agreements OF traffc
other associations Of raTay agents seHhs ss b
terstate Commerce Commission
interstate Commerce Commission the power to in
spect proposed railroad tariff rates or schednieS ]
to be unreasonable, to initiate an adjustment
thereof.
BANKING.
The panic of 1897. coming without any legitimate
excuse, when the Republican party had for
decade been in complete control of the federaI
government. furnishes additional proof that II IS
either unwilling incompetent to protect the
of the paDfG G 1t tb has ns SO Of tSe
spectators visited upon the whole pe%ope, %
spoliation at the hands of the stock gamblers and
spectators in farm products. II has dePosIteu
petition in favorlte banks. 1t has used an emer-
gency for which it is largely responsible to torce
bank currency and inviting market manipulation
and has failed to give to the fteen @ er yings
We believe that, in 50 far as the needs or com com
rencv should be issued controlled by the federal
government and loaned on adequate security TO 10
national and state banks. We pledge ourselves 10 TO
legislation under which the national banks snaiI d
be required to establish guarantee +aFd @ Ior e ip
solvent national bank under an equitable alb system fn
which shall be available to all state banking III
stitutions wishing to use 1t. -
We favor postal savings bank if the e guaran gu ram
stituted so to keep the deposited money IN @ one
communities where it IS esta5sned' or oTt T1 1 ppo
lding postal savings banks under plan 3of4 2t con-
W o9GI rra nI c"mmupes and redeposit the same while
under government charge IN the pliihs IL az W 81 nF
the producing regions and untustly favorng the
speculative markets.
INCOME TAX
We favor an income tax part of our revenue
sttrtional amendment specifically authorizing CON-
gress to levy and collect tax upon lndlvluTh, Tt
may be ar its proportionate share of the burdens
| the federal government
LABOR AND INJUNCTIONs-
The courts of Justice are the bulwark of our
liberty. and we yield to none in our purpose TO TO
maintain their dignity. Our party has . given t 10
have added to the respect and confidence IN Wtch
this department must be , Jed5onSG bcan paTtW to
raise false issues respecting the JudclaTy onT NJ
Citizens to assume that they lack respect for the
1t Is the function of courts to interpret the
laws which the people create, and if the laws ap
ftfce it is our duty to change them The only
basis upon which the integrity oI our cou on
Of iife personal liberty and property If judicial
processes may be abused, we should guard ti'e'l
Experience has proven the necessity of modl
fcation of the present law relating to inJunGu%9ns ions
and reiterate the piegse oI our hatooas % srs
Wbinh passed the United states Senate in 1895.
but which a Republican Congress mas ever 5oT SL1
courts and providing for trial by jury IN cases Oh
Questions of judicial practice have arisen. esRe
cially in connection with Industrial disputes. we
should be treated with rigid impartality and that
njunctions should not be issued in any cases IN
TsISh Gspate "s9Te'DRs were 22oIVed WSio not ISSUE 0
il Te ha heTe be- mo
of the right of earnerS and producers 10 or
caniZe for the protection of wages and the I'M
provement of labor conditions, to the end that
such labor organizations and their members
should not be regarded Illegal combinations in
restraint of trade. . j.
We favor the eight-hour day on all government
work. ~, .
We pledge the Democratic party to the enact
ment of d law by Congress, far as the federal
jurisdiction extends, for general employers lia-
biliy act covering injury to body or loss of life
OF employees
We pledge the Democratic party to the enact
Of laW n department of r,
represented separately in the Presidents Cabinet.
which department snail include the subject OF
mines and mining.
MERCHANT MARINE.
We believe in the upbuilding OF the American
merchant marine without new or additional bur-
dens upon the people and without bountes from
the public treasury.
THE NAVY
The constitutional provision that navy shall
be provided and maintained adequate
navy, and believe that the interests of this
country would be best served by having navy
sufficient defend the coasts of this country, and