The Daily Missoulian., 1912-07-03


paign fund and any individual from con
tributing any amount above reasonable
Terms OF President.
We favor single presidential term,
and TO that end urge the adoption OF an
amendment to the constitution making
the president OF the United states IN.
eligible for reelection, ana We pledge
the candidate of this convention to this
q principle.
Democratic Congress.
At this time, when the republican
party. after a generation OF unlimited
power in It's control Of the federal gov
crnment. is rent into factions. II Is OPP
perfume to point to the record Of accom-.
plishments Of the democratic house OF
A representatives I'm the 62d congress, We
indorse its action and we challenge corn.
congress which has been controlled by
our opponents.
we call attention Of the patriotic citl-
zens Of our country to It's record Of eff
cheney, economy and constructive lcgisa-
tlon.
4 II has. among other achievements, re-
vised the rules OF the house OF repre-
scutatives so as to give to the repre-
sentatives of the American people free
dom of speech and action In advocating.
proposing and perfeoting remedial lcgis-
lation.
II has passed bills for the relief of the
people and the development Of our coun-
| try. II has cndeavored to revise the
tariff taxes downward In the interest Of
the consuming masses and thus To re-
| duce the high cost of living
II has proposed an amendment To the
! federal constitution providing for the
election Of United states senators by di.
rec rect & vote Of the Reepls 1t, II has M.n secured
! leo az two sovereign states.
II has required the publicity Of cam
pairn expenses. both before and after
! -
/ iion expenses Of United states senators
| and representatives
II has also passed bin to prevent the
! abuse of the writ of Injunction.
II has passed a law establishing an
eight hour day for workmen on all ma
tional public work.
II has passed a resolution which forced
the president to take Immediate steps to
abroRate the Russian treaty.
And II has passed the great supply
bills which lessen waste and cxtrava-
ganee and which reduce the annual cx-
pcnses of the government by many mill
lions OF dollars.
We approve the measure reported by
the democratic leaders In the house NJ
representatives for the creation Of a
council OF national defense. which will
view to Increased efficiency and econ
omy. The party that proclaimed and
has always enforced the Monroe doc
trinc and was sponsor for thu new navy
will continue faithfully to observe the
constitutional requirements to provide
and maintain an adequate and we'll
proportioned navy sufficient to defend
American policies. protect our citizens
and uphold the honor and dignity of the
nation.
Republican Estravaganoe.
We denouncc the profligate waste of
the money wrune from the people by
oppressive taxation, through the lavish
appropriations OF recent republican con.
gresses; which have kept taxes high and
reduced the purchasing power of the
people. We demand return to that
simplicity and economy which befiis a
democratic government and reduction
salaries of which drain the substance OF
the people.
Railroads, Express Companies, Etc.
We favor the efficient supervision and !
rate regulation OF railroads. express com |
panies. telegraph and telephone COM
panies engaged In Interstate commerce. !
To this end We recommend the vaiua-
ton OF railroads, express companies, |
telegraph and telephone lines by the In
terstate commerce commission. such !
valuation to take into consideration the |
physical value Of the property, the orig
inal cost the cost Of reproduction and
any element of value that will render
the valuation fair. We advocate legis- |
lation preventing the over issue of stocks
and bonds by Interstate railroads. ex-
press companies, telegraph and telephone
lines and legislation which viii assure |
such reduction in transportation rates az
conditions VIII permit, care being taken |
to avoid reduction that would compel a |
reduction of wages, prevent adequate |
service. or do injustice to legitimate in
vcstments.
Banking Legislation.
We oppose the so-caied Aldrich bill or |
the establishment OF a central bank. and |
we believe the people OF the country win |
nd
business depression by such a systematic |
revision of our banking laws as will rem |.
der temporary relief IN localities where
such relief In needed with protection |
from control or domination by what Is |
known as the money trust.
Banks exist for the accommodation OF
the public and not for the control of
business. Legislation on the subject OF |
banking and currency should have for |
lis purpose the securing of those accom- |
modntions on terms of absolute security |
to the public and of complete protection
from the misuse of the power that wealth |
gives To those who posses II. /
We condemn the present methods OF
depositlng government funds In few |
favored banks. largely situated In or CON
troled by wall street, in return for po
litical favors, and we pledge our party |
to provide bv law for their depost nv
competitive bidding In the banking in
s.l,utions OF the country. national and
state. without discrimination as To local |
ity, upon approved securities and sub /
Ject 10 call by the government.
Rural Credits.
or equal importance with the question |
OF currency reform is the question of
rural credits or agricultural finance. |
Therefore, We recommend that an in
Vestisation of agricultural credit so
cleties in foreign countries he made 80
mat II may be ascertained whether a
system OF rural credits may be devised
suitable 10 conditions In the United
states, and We also favor legislation
permitting national banks to loan Il rea
sonahle proportion Of their funds on real
estate security.
We recognize the value of vocational
education and urge federal apporpria
tions FOR such training and extension
teaching In agriculture in cooperation
with the several states.
Waterways.
We renew the declaration in our last
platform relating tn the conservation of
our natural resources and the deyelop-
fn"nt OF our waterways. The present
devastation of the lower Mississippi val
| ley hccentultcs the movement for tho
regulation Of river flow by additional
! bank and levee protection below and the
diversion. storage and control of the
I ROOD waters above their utilization for
| beneficial purposes in the reclamation
ol ard and swamp lands and the de-
Yeopineht OF water power. instead oi
| permitting the floods tn continue as here
toiofe, agents OF destruction
/ we mold that the control of the Missis.
! sippl flsal IN national problem. The
conservation ot the depth of It's water
| pf al