Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-06-16


enacted and we especially commend the
| emergency currency bill. the bill APP
| pointment OF the national monetary
commission; the employers and govern-
ment liability laws; the measures for
greater efficiency of the army and
navy. the widows pension bill; the
model child labor law for the District
| of Columbia, designed for emulation
by the states; the new statutes for the
safety OF railroad engineers and fire.
mon. and many acts conserving tho
public welfare.
TARIFF REVISION.
The Republican party declares UNI
equivocally for a revision of the tariff
by n 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 the two houses which are
now Investigating the operation and
effect of existing schedules.
In all tariff legislation the true
principle of protection is best main
tanned by the imposition of such du-
ties as Will equal the Difference be-
tween the cost of production at home
and abroad, together with a reasonable
profit to American Industries and the
benefits that follow are best secured
by the establishment of maximum and
minimum rates to be administered by
the president, under limitations fixed
in the law, the maximum TO be avail
able to meet determinations by foreig.
countries against American goods ell
tering their markets and the minimum
to represent the normal measure of
protection at home: the aim and pur-
pose of the Republican policy being
not ony to preserve without excessive
duties that security against competi-
ton to which American manufacturers,
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 direct bene-
ficiaries of the direct system.
TRADE WITH PHILIPPINES
Between the United States and the
Philippines we believe in a free inter
change of products with such limitd :
lions as to sugar and tobacco as viii
avoid injury to domestic interests.
EMERGENCY CURRENCY.
We approve the emergency measures
adopted by the government and e.
| pecially commend the passage at tho
| last session of Congress OF the tenn
porary enactment designed to protect
the country from a repetition of such
stringency only until there can be es-
idblished a permanent currency system
that will avoid all emergencies.
The Republican party is committed
to the development OF such permanent
system responding TO our greater needs
| and in line in all respects with the
most progressive nations OF the world
and the appointment of a monetary
commission by the present Congress
which will impartially investigate all
alizdtion of this purpose.
The present currency laws have fully
justified their adoption by an expand
ing commerce, n marvellous growth in
wealth and population multiplying the
centers of distribution, increasing the
demand for the movement of crops in
the west and south and entailing per-
iodic changes in monetary conditions,
disclosing the need of a more elastic cur
rency and adaptable system. Such a
| system must meet the requirements OF
| agriculturalists, manufacturers, mer-
| chants and business men generally au-
| tomato in operation, minimizing the
| fluctuations in interest rates and above
all IL must be in harmony with the Re-
publican doctrine which insists that
every dollar shall be based upon, re-
deemable in. and as good as gold.
In line with the purpose here declared
to secure by every wise means greater
safety and stability in the banking and
currency system, we favor the estab-
lishment of postal savings banks for
the purpose, upon principles embodied
in the measure now depending in Con-
gress and set for vote on Dec ID, next.
ANTITRUST LAW.
The Republican party passed The
Sherman antitrust law over Demo-
cratic opposition and enforced II after
Democratic rejection 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 strength
ened and It's real object better obtain
ed by such amendments as will give
TO the federal government greater
supervision and control over and Sc
cure the publicity In the management
Of that class of Interstate corpora
tons, having power and opportunity
TO effect monopolies and at the same
time will not interfere with the opera
tion OF such associations among
business men, farmers and wage
earners as result in posi-
tive benefit 10 the public.
THE RAILROADS.
We approve the enactment of
the railroad rate law and of the
vigorous endorsements by the present
administration of the statutes against
rebates and determinations as the re-
suit OF which the advantages formerly
possessed by the large shippers over
the small shippers have substantially
disappeared In this connection we
commend the appropriation OF S350,000
by the present Congress In order To
enable the Interstate commerce COM
mission thoroughly TO investigate and
TO give publicity TO the accounts OF In
terstate commerce law should be fur
Their amended so as To give railroads
the right TO make and publish traffic
agreements subject 10 the approval Of
the commission but maintaining al
ways the principle OF competition be-
tween naturally competing lines and
avoiding the common control OF such
lines by any means whatsoever and
especially favor the enactment of such
legislation as will prevent by federal
restriction the future over issue of
stocks and bonds by Interstate car
riers.
EMPLOYERS LIABILITY LAW.
The enactment IN constitutional form
by the present session of Congress OF
the employers liability law; the pas
sage and enforcement Of the safety
appliance statutes as Well as the pro-
lection secured for engineers and fire.
men. the reduction I'm the hours of Ia
borers. of trainmen and railroad teleg-
faphers, the successful exercise OF tho
powers of mediation and arbitration be-
tween interstate railroads and their
employees and the law making a begin
ming I'm the policy OF compensation for
Injured employees or the government are
among the most commendable ac-