New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1910-09-29
Money Power Dehes Laws"


This money power. in defiance of laws.
has crushed competitors and mas built Up
financial nonopolles in the interest OF
SPECTATORS and against the interest Of
producers. wage paTnerS and consumers
The laws designed 10 prevent industrial
monopoly have been used 10 suppress the
unions and cooperative efforts Of wage
ssruers snd farmers in their struggle 10
protect tire value Of their labor and the
products Of their labor against those
moneyed monopoleS-
. We favor such separate classification Of
1lrionS. aSSoc1s tons, FnonopoieS and trusts
a. shall hnlish this pretenCe and shall Is
tahli6h real equality before the law. Where
monopoly Is inevitable We favor complete
government regulation Except as herein
stated. we are opposed 10 any change In
the laws against trusts and monopohes
mi the PEOPLE have TPgalned control OF
government snd have been able 10 assert
cor7plete control over au questions ol
monopoly affecting the public interest, and
tins ontrol should include the fullest eXer-
,iea os the power Of the federal and state
governments 70 protect bona fi6e investors
r. savings from the frauds and wrongdoins
q corporate officials and promoters and
regulation az public service corporations in
. Wisconsin during the last FIVE years as
b conclusive proof that public control of cor
rorate monopoly Is successful. IS reeSons bic
70 the corporations and essential 10 the
welfare Of the people.
where farmers and wage earners are
coupeIle6 20 organize in order 10 protect
their Il Dor and the products of their labor,
We favor the most complete liberty Of or
q collective bargaining and voluntary aTbi-
srstion.
The platform declares that the railroad
hiU was changed by the Progressives from
8 rneuace 10 a public benefit but that II
should be further amended 10 relieve the
Interstate Commerce Commission from
portion Of SIS duties and 10 provide for
physical valuation OF railroad property.
II declares that the postal savings bank
law should he amended 10 prevent the con-
-neutration If the postal savings In the large
,enfres and their use In financial manipu-
lstion by the great corporate and banking
Interests Of Wall Street
II AYERS that exceptional conditions I'm
ALASKA require that the federal govern
rnent should construct, own and operate the
railroads. docks and steamship lines neces-
sary 10 tie opening mp Of the Alaskan coal
fields and other natural resources.
Ship subsidies are opposed and direct
election Of United States Senators de-
nanded. Giving 10 the people the power
10 propose laws and amendments TO me
Constitution and 20 adopt or reject the
same al the polls IS favored
The Democratic State Convention adopt
ed !. platform to-day. The platform varies
,rom the original ''Schmitz" draft only I'm
the addition OF three planks-one strongly
e,,posing county option. another faVorlng
changes in the existing primary law TO
make II more expressive Of the free choice
Of the people and another favoring The
r,assaF.s of the dollar day pension law
for veterans Of the Civil War by the ma
.iorsi Congress. An attempt 10 aod
risrs fsvoTing the election Of postmas'ers
~ r1.nu.sr vote. strongly urged by Con
syerpynst, Ntreisse Of Sheyboasn Falls, "se
tefesrsd.