Martinsburg statesman-democrat. [volume] (Martinsburg, W. Va.) 1906-1921, 1908-07-17

OF the stock gamblers and spectators
in farm products, it has deposited
treasury funds, without Interest and
without competition, in favorite banks
1t has used an emergency tor which it
is largely responsible to force through
congress bill changing the basis of
bank currency and inviting market
manipulation and has failed TO give 10
the l5,000,0 900 depositors of the country
protection in their savings.
We believe that IN so far as the needs |
of commerce require al emergency cur |
rency should be issued, controlled by
the federal government and loaned on
adequate security to national and
state banks. We pledge ourselves TO
legislation under which the national
banks shall be required to establish a
qua antee fund for the prompt pay
ment of the depositors of any lnsol-
vent national bank under an equitable
system which shall be available to all
state banding institutions wishing to
use it.
We favor a postal savings bank if
the guaranteed bank cannot be secured
and that it be constituted so as to keep
the deposited money in the commuui-
ties where it is established.
Income Tax.
We favor an income tax as part of
our revenue system, and we urge the
submission of constitutional amend
ment specifically authorizing congress
to levy and collect tax upon individual
and corporate incomes, to the end that
wealth may bear its proportionate
share of the burdens of the federal gov
eminent,
Labor Injunctions
The courts of justice are the bulwark
of our liberties and we yield to none in
our purpose to maintain their dignity
Our party has given to the bench a
long liue of distinguished judges, who
have added to the respect and conf
dence in which this departm ent must
be Jealously maintained. We resent
the attempt of the Republican party
to raise false issues rejecting upon a
great body of our cltiZ ems to assume
that they lack respect for the courts.
1t is the function of the courts to in
terpret the laws which the people
create, and if the laws appear to work
economic, social or political injustice
it is our duty to change them. The
only basis upon which the integrity of
eur courts can stand Is that of UNI
swerving justice and protection of life,
personal liberty and property. Ifjudi-
cial processes may be abused we should
guard them against abuse.
Experience has proven the necessity
of modification of the present law
relating to injunctiens, and we reiter-
ate the pledge of our national platforms
of 1896 and 1904 in favor of the meas
ure which spassed the United States
Senate in 1886, but which republican
congress has ever since refused to enact,
relating to contempts in federal courts
and providing for trial by jury in cases
of icdiKect contempt.
Questions of judicial practice have
arisen especially in connection with
ir dustrial disputes. We deem that
the parties to all judicial proceedings
should be treated with rigid impartial
ity and that injunctions should not be
issued many case In which injunctions
would rot issue if ne industrial dis
pute were involved.
The expanding organization OF in
dustry makes it essential that there
should be no abridgement of the right
of wage earners and producers to or
game for the protection of wages and
the Improvement of labor conditions to
the end that such labor organizatisns
and their memt ers should no. be re-
garded as illegal combinations in re-
straint of trade.
We favor the eight-hour day on all
government work.
We pledge the Democratic party to
the enactment Of a law by congress, as
far as the federal jurisdiction extends,
for general employers, liability act
covering injury to body or loss of life
or employees.
We pledge the Democratic party to
.hc enactment of law creating de
psrtment of labor, represented sepa-
rately IN the presidents cabinet, which
department shall include the subject Of
mines and mining.
The platform declares for:
Building up merchant marine with
out aids of bountles.
An adequate navy.
Protection of American citizens