The Breckenridge news. (Cloverport, Ky.) 1876-1955, 1912-07-17
LOWER TARIFF
LEADING PLANK

on terms OF absolute security 10 the
public and OF complete protection
from the misuse Of the power that
wealth gives to those who possess t.
We condemn the present method OF
depositing government funds In few
favored banks, largely situated or
controlled by wall street in return for
political favors, and we pledge our
party to provide bylaws for their de
post by competitive bidding, the
banking institutions Of the country,
national and state, without discrimin-
alton as to locality. upon approved
securities and subject to call by the
government
Rural Credits.
OF equal Importance with the ques-
ton of currency reform Is the ques-
tion of rural credits OF agricultural
finance Therefore we recommend
that an investigation OF agricultural
credit societies in foreign countries
be made so that It may be ascertained
whether a system OF rural credits
may be devised suitable to conditions
In the United States, and We also
favor legislation permitting national
banks to loan a reasonable proportion
of their funds on real estate security.
We recognize the value Of vocation
al education and urge federal appro-
priations for such training and exten.
sion teaching in agricultural co-opera-
ton with the several states.
Waterways.
Il
last platform relating to the conserva-
ton of our national resources and the
development Of our waterways. The
present devastation of the lower Mis-
sissippi valley accentuates the move
ment for the regulation of river flow
by additional bank and levee protec.
ton below, and the diversion, storage
and control OF the food waters above
and their utilization for beneficial
purposes in the reclamation Of arid
and swamp lands and the develop
ment Of water power. instead Of per-
ned by administrative regulations
which amount to withdrawal Of
great areas Of the senate from settle
ment
Immediate action should be taken
by congress to make available the
vast and valuable coal deposits OF
Alaska under conditions that will be
perfect guaranty against their fall
ing into the hands of monopolizing
corporations, associations or inter
ls~fsts.
I'VE rejoice In the inheritance OF
mineral resources unequaled in ex-
tent. variety or value, and in the de
velopment Of mining industry I'M
equaled in its magnitude and impor
lance. We honor the men who, in
their hazardous toll underground
daily risk their lives in extracting and
preparing for our use the products of
the mine, so essential to the indus
tries, the commerce and the comfort
OF the people of this country. And
we pledge ourselves to the extension
of the work of the bureau Of mines
in every way appropriate for national
legislation with view Of safeguard
ing the lives of the miners. lessening
the waste of essential resources, and
protecting the economical develop
ment of mining, which. along with
huSt III Inc lutul0, cNC
more than in the past, serve as the
very foundation Of our national pros
perity and welfare and our interna-
tional commerce.
Agriculture.
We believe in encouraging the de-
yelopment of modern system OF
agriculture and a systematic effort to
40 IL,
farm products so as to benefit both
the consumers and producers. And
as an efficient means to this end, we
favor the enactment by congress OF
legislation that will suppress the per-
nicious practice of gambling in agri-
cultural products by organized ex-
changes or others.
Merchant Marine.
We believe in fostering, by consti-
tutional regulation of commerce., the
growth of a merchant marine, which
shall develop and strengthen the com
mercial ties which bind us to our sis
ter republics of the south, but with
out imposing additional burdens upon
the people and without bounties or
subsidies from the public treasury
We urge upon congress the speedy
enactment of laws for the greater Sc
curity of life and property at sea, and
we favor the repeal of all laws, and
the abrogation of so much of our
treaties with other nations, as provide
for the arrest and imprisonment of
seamen charged with desertton, or
with violation OF their contract OF
service.
Such laws and treaties are I'M
American and violate the spirit, If not
the letter, of the Constitution of the
United States.
We favor the exemption from tolls
of american shtDs enga sed in coast