The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1912-08-07
Democratic Nominee Out
lines His Policies in Ac-
cepting the Nomination
for the Presidency.
MADE PROMISE OF
TARIFF REVISION
No Mention Made of Naval
Program or Initiative and
Referendum.-Wants New
Currency Statutes.
(Nationsl News Association

(Nationsl News Association)
SEAGIRT, N. j., Aug. 7.-Governor
Wilson was jubilant over the weather
which today graced the preparations
for the official notification of the state
executive that he had been nominated
by the Democrats for president. The
sun was bright and hot but a breeze
tempered it. 1t was all that was needed
to make the notification ceremonies
perfect in every detail.
The principal notification speech
was made by Senator James of Ken
lucky and aroused great enthusiasm.
The speech Of acceptance by Governor
Wilson was listened to with close at
| tention and frequently applauded.
| Early in the day visitors began
pouring into Seagirt for the ceremony
and before noon the crowd had be-
come a crushing throng.
| Adjutant General Sadler and his
| state soldiers got busy early and rop-
ed off a great space on the grounds
in the front of the Little White
House. within which the crowd
stood. Outside the ropes and far out
side the grounds was an immense
space filled with autos. The railroad
companies, trolley lines and other
means of transportation provided am
pie accommodations. 1t was estimat-
ed that between 5000 and 1000 auto
mobiles brought visitors from Phila-
delphia, New York and other nearby
cities, .----- .s. =. s.s-.-
Declaring the country has reached
a critical point in it's political and
moral development, Governor Wood
| row Wilson in accepting the Demo-
| cratic nomination for president, out
lined the policies he would pursue in
correcting existing evils If he is chos-
en- as the nations chief executive at
| the fall elections.
An immediate downward revision of
! the tariff, amendments to the Sher-
man antitrust law and more adequate
| legislation, both civil and criminal
| looking to the control of monopolies;
| legislation to prevent the interlocking
of direct rates of big corporations that
tends to place the finances of the
| country under the control of a few
men; legislation that will safeguard
the lives and improve the physical and
moral conditions of the working peo-
pie of the Philippines; the adoption Of
our banking and currency laws to
the varied uses to which our people
must put them; conservation of our
national resources; development of
our merchant marine and our water
ways; presidential primaries and the
direct election of United States sena-
tors, were some of the important re-
Communications which the Governor
advocated.
Ignores Two Issues.
| No reference was made to the bat
tleship program, nor the initiative and
referendum.
| Governor Wilson holds the present
high tariff responsible for the high
cost of living and the rapid growth of
monopolies, and denounced the Payne
Aldrich tariff act ''as the most con-
| spicuous example ever afforded the
country of the special favors and mo-
nopolistic advantages which the lead
ers of the Republican party have so
often shown themselves willing to ex-
tend to those to whom they looked
| for campaign contributions" He de-
| clared himself. in favor of an immedi-
ate revision and said 'ft should be
j downward, unhesitatingly and steadily
downward" In order not to disturb
the business interests of the coun-
try however, he advised proceeding
with caution and prudence like men
who know what they are about and
not like those in love with a theory"
Raps at the Trusts.
| He declared that the trusts. instead
of belonging to a period of infant in
| dustries, were the product of a very
sophisticated age when men knew
what they wanted and knew how to
get it by the favor of the government.
1T is another chapter" he said, ''in
the natural history of power and gov
erning classes. The next chapter will
set US free again. 1t will be a chap
ter of readjustment, not of pain and
rough disturbance"
The present antitrust law, he said,
had apparently proved Intellectual,
and while he did not hold anyone re-
sponsible, he declared that it will be
necessary to supplement the present
law with such laws both civil and
criminal, to disclose them and follow
them to final verdict and judgment
| A problem, however, that he con-
siders greater than the trusts is what
he termed the vast confederacies"
of banks, railways, express companies.
insurance companies, manufacturing
| corporations. mining corporations.
| power and development companies.
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