Evening capital news. (Boise, Idaho) 1901-1927, 1912-09-29

business efficiency. But the existing concen-
tration OF vast wealth under corporate sys-
tenn, unguarded and uncontrolled by the ma.
ton, has placed in the hands of few men
enormous, secret, irresponsible power over
the daily life of the citizen-a power insult
ferable i'll free government and certain Of
abuse.
This power has been abused, in monopoly
OF national resources, in stock watering, il
unfair competition and unfair privileges, and
finally i'll sinister influences on the public
agencies of state and nation. We do not fear
commercial power, but we insist that it shall
be exercised openly, under publicity, super
vision and regulation of the most efficient
sort, which will preserve its good while era
dicating and preventing its evils.
TO that end we urge the establishment of
a strong federal administrative commission
Of high standing, which shall maintain per-
manent active supervision over industrial
corporations engaged in interstate COM
merce. or such of them as are of public I'M
portance. doing for them what the govern
ment now does for the national banks, and
what is now done for the railroads by the
Interstate Commerce Commission.
Such commission must enforce the COM
plete publicity of those corporation transac-
tions which are of public interest; must at
tack unfair competition, false capitalization
and special privilege, and by continuous
trained watchfulness guard and keep ope,
equally to all the highways of American
commerce.
Thus the business man will have certain
L.. e l.
conduct his business easily in conformity
therewitll the investor will find security for
his ,apital dividends will be rendered more
certain, and the savings Of the people will
be drawn naturally and safely into the chan
nels of trade.
Under such system of constru ctive reg
ulation, legitimate business, freed from con-
fusion. uncertainty and fruitess litigation,
will develop normally in response to the en-
ergy and enterprise of the American bus.-
ness man.
Commercial Development.
The time has come when the federal gov
eminent should cooperate WITH nienufactur
ers and roducers in extending Our foreign
commerce. TO this end we demand adequate
appropriations by Congress, and the ap
pointment of diplomatic and consular Off
GERS solely with view to their special fit-
ness and worth. and not in consideration of
political expediency.
1t is imperative to the welfare of our peo-
pie that we enlarge and extend our foreign
commerce We are prominently fitted to
do this because as a people we have devel-
oped high skill in the art of manufacturing;
our business men are strong executives,
strong organizers. In every way possible,
our Federal Government should cooperate
in this important matter Anyone who has
had opportunity to study and observe first
hand Germanys course in this respect must
realize that their policy of cooperation be-
tween Government and business has in COM
paratively few years made them leading
competitor for the commerce of the world.
1t should be remembered that they are doing
this on national scale and with large units
of business, while the Democrats would have
US believe that we should do it with small
units OF business, which would be controlled
not by the National Government but by for
ty-nine conflicting sovereignties. Such d
policy is utterly out of keeping with the pro-
gress of the times and gives our great COM
mercial rivals in Europe-hungry for inter
national markets-golden opportunities OF
which they are rapidly taking advantage.
Tariff.
We believe in a protective tariff which
shall equalize conditions Of competition be-
tween the United States and foreign coun-
tries, both for the farmer and the manufac-
turer and which shall maintain for labor an
adequate standard of living.
Primarily the benefit of any tariff should
be disclosed in the pay envelope of the la