The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1912-06-29

ing has become ina:per not oaly ,;
! national, but OF worldwide ronre-n.
! The fact that it is not due to re p.o-
! fective tariff system is evidenced by
/ the existence CT similar conditions in
countries which have a tariff policy
different from our own, as wei AS by
! the fact that the cost of living has III
! creased while rates of duty have re-
: manned stationary or been reduced
The Republican party will support
: prompt scientific inquiry into the
causes which are operative, both in
! the united States and elsewhere. to
increase the cost Of living When
> the exact facts are known it will take
the Necessary steps to remove any
abuses that may be found to exist, in
order tnat the cost of the food. cloth.
Ing and shelter of the people may IL
no way be unduly or artficially In.
creased.
Banking and Currency.
, The Republican party has always
stood Tor sound currency and for
safe banking methods. 1t is responsi-
BILE for the resumption of specie pay
ments. and for the establishment OF
the gold standard. It is committed
to the progressive development of our
banking and currency system.
Our banking arrangements today
need further revision to meet the re-
Quirements OF current conditions. We
need measures which will prevent the
recurrence Of money panies and f.
nancial disturbances. and which will
promote the prosperity of business
and the welfare OF labor by producing
constant employment
We need better currency facilities
FOR the movement of crops in the
west and south. We need banking
arrangements under American aus
p1ces for the encouragement and bet.
ter conduct of our foreign trade. In
attaining these ends, the independence
OF individual banks, whether organ.
lied under national or state charters.
must be carefully protected, and our
banking and currency system must
be safeguarded from any possibility
of domination by sectional, financial
or political interests.
Money for the Farmers.
1t Is OF great importance to the So
cial and economic welfare Of this
country that its farmers have faciii-
ties for borrowing easily and cheaply
the money rhey need to increase the
productivity Of their land.
It is ns important that financial
machinery be provided to supply the
demand Of farmers for credit as Il rs
that the banking and currency sys-
TENS be reformed in the interest of
general business.
Therefore, we recommend and urge
an authoritative investigation of agri-
cultural credit societies and corpora
tions In other countries, and the pas-
sage. OF state and federal laws for
the establishment and capable super
vision of organizations having for
their purpose the loanng of funds to
farmers. !;
The Civil Service.
We reaffirm our adherence to the ,
principle OF appointment to public !
ONCE based on proved fitness, and |
tenure during good behavior and eff.
cheney. .
The Republican party stands com
mitted to the maintenance, extension, |
and enforcement of the civil service
law, and 1t favors the passage of leg
islation empowering the president to
extend the competitive service so far
as practicable. We favor legislation !
to make possible the equitable retire !
ment OF disabled and superannuated !
members Of the civil service, in order
that higher standard of efficiency
may be maintained
We favor the amendment of the
federal employees liability law 30 as |
to extend its provisions to all govern .
ment employees. as we'll as to provide i.
more liberal scale of compensation !
for injury and death. !
Campaign Contributions.
We favor such additional legisla.
tion as may be necessary more ef-
fectually to prohibit corporations
from contributing funds, directly or
indirectly, to campaigns for the nom
ination or election Of the president, !
the vice president, senator's, and rep
reseItatives in Congress.
We heartily approve the recent act
OF Congress requiring the fullest pub ,
licity in regard to all campaign con
tributions, whether made in connec- |
tion with primaries, conventions, or !
elections.
Conservation Policy.
We rejoice in the success Of the
distinctive Republican policy Of the |
conservation Of our national resources
for their use by the people without
waste and without monopoly. We
pledge ourselves to q continuance of
such policy.
We favor such fair and reasonable
rules and regulations as will not dis
courage or interfere with actual bona |