The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-08

tered BY equal justice and by sound
progressive laws.
We demand that rhc test OF true
prosperity shall be the benefits con-
fcrred thereby on all citizens, not
confined TO individual or crosses, that
the test OF corporate efficiency shall
be the ability better To serve the pub
lie. that those who proht by the con-
troll OF business affairs, shall Justify
that profit and that control by shar-
ing with the public the fruits thereof.
We therefore demand n strong ma
tional regulation oi interstate corpo-
rations. The corporation is an essen
tlal part of modern business. The
concentration of modern business, In
some degree. is inevitable for business
efficiency. But the existing concen-
tration Of vast wealth under a cor
porate system unguarded and uncon-
trolled by the nation. has placed IN
the hands OF a few men enormous, Sc
cret. irresponsible power over the
daily life OF the citiZen-a power un-
sufterable In free government ana
certain OF abuse.
This power has been abused in mo-
nopoly OF national resources. in stock
watering. In unfair competition and III
unfair privileges and finally In SIMS
ter influences on the public influence
of state and nation, We do not Tear
commercial power, but we Insist that
IL shall be exercised openly. under pub
licity. supervision and regulation OF
the most efficient sort, which Will
preserve Its good while eradicating
and preventing It's evils.
Trust Commission.
To that end, We urge the esta blish-
ment OF a strong federal administra-
tive commission OF high standing.
which shall maintain permanent ac-
rations engaged In interstate COM
merce, or such or them as are OF
public Importance, doing for them
what the government now does for
the national banks. and what lis now
done for the railroads by the ]. c. G.
Such a commission must enforce the
complete publicity or those cooperative
transactions. which are OF public In
terest, must attack unfair competition,
false capitalization and special privi-
leEe. and by continuous trained watch
fulness. guard and keep open equally
TO all the highways OF American com
merce. Thus the business man Will
have certain knowledge Of the law
and will be able TO conduct his busi-
ness easily in conformity Herewith:
the investor will find security for his
capital, dividends will be rendered
more certain, and the savings OF the
people VIII be drawn naturally and
safely into the channels Of trade.
Under such a system OF construc-
tive legislation. legitimate business,
freed from confusion, uncertainty and
INltleSS lPSlS!tllOU, Will QoNclop nor
nally In response 20 the energy and
enterprise Of the American business
man.
Patents.
We pledge ourselves TO the enact
nent OF patent law which will make
II impossible for patents 10 be sup
pressed or used against the public well
fare In the interests OF injurious mo-
nopolies.
Interstate Commerce Commission.
We pledge our party to the inter
state commerce commission TO value
the physical properly Of railroads. In
order that the power of the commits
sion to protect the people may not
De impaired or destroyed, we demand
the abolition Of the commerce court.
Currency.
We believe there exists imperative
need for prompt legislation for the I'M
system.
We believe that the present method
OF issuing notes through private agen-
cles Is harmful and unscientfc. The
issue of currency is fundamentally
government function and the system
should have as basic principles sound
ness and elasticity, The control
should be lodged with the government
and should be projected from doml-
nation or manipula rIon by Wall street
or any special interests.
We are opposed TO the so-called AL
drich currency bin because It's provis-
Ions would place our currency and
credit system In private hands, not
subject TO effective public control
Commercial Development.
The time has come when the fed
cral government should cooperate
with manufacturers and producers in
extending our foreign commerce. To
nd do oIa k1
cations to the congress and appoint
ment OF diplomatic and consular offices
solely with View 90 their special ft-
ness and worth and not in consld-
Grafton OF political expedlency.
1t is imperative 10 the welfare Of
our people that we enlarge and ex-
tend our foreign commerce. We are
pre- eminently fltted to do this. be
cause. as a people, we have developed
high skill in the art OF manufacturing.
Our business men are strong eXecu-
tlves. strong organizers. In every
way possible our federal government
should cooperate In this important
matter. Anyone who has had oppor-
tunity to study and Observe first hand
Germany's course In this respect must
realize that their policy Of co-opera
tion between government and business
has In the past few years made them
competitor for tho business Of the
world. II should be remembered that
they are doing this on a national scale
and with large units OF business, while
the Democrats would have us believe
that We should do IL with small units
of business. which would be controlled
not by the national government. but
by forty-nine conflicting state sover-
eighties. Such a policy is utterly out
of keeping with the progress OF the
times and gives our great commercial
rivals in EUrope-hungry for interna-
tional nnarkets-golden opportunities OF
which they are rapidly taking advan-
taSe,
Conservation.
Tho natural resources OF the nation
must be promptly developed and gen
erously used 10 supply the peoples
needs. but We cannot safely allow
them to be wasted. exploited, monopo-
ltzed or controlled against the general
good. We heartily favor the policy
OF conservation and we pledge our
party 10 protect the national forests
without hindering their legitimate use
for the beneHt of all the people Ag-
ricultural lands in the national forests
are and should remain open 10 the
genuine settler. Conservation will not
retard legitimate development. The
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