The Penn's Grove record., 1912-04-26
U. S. Senator La FOlLETTE'S Principles.
The Only Progressive Republican
Who Announces A Full Platform

The Only Progressive Republican
Who Announces A Full Platform
Senator Robert LaFolette, who made
good as Governor of Wisconsin, some
weeks ago announced his platform OF
principles. He said:
II believe in:
1.-The initiative, referendum and re-
call and direct nominations and cleo
lions, not only as applied to States, but
also in the extension of these principles
to the nation as a whole.
"The equalization of the burdens OF
taxation, upon a property basis, thru
the adoption of graduated income and
Inheritance taxes.
''The parcel post.
"HovernmenU ownership OF express
companies and government operation of
express business at actnal cost to the
public.
''The reasonable valuation of the
physical property Of the railroads, just
ly i%nventoried and determined, as the
basis for fixing rates, and the exten-
ton of the powers and the adminlstra-
tive control of the Interstate Commerce
Commission.
II would have the nation know how
much of tie SIS, DOC, 600, 900 capitallza-
ton was contributed 10y those who W
the railroads, and how much 10y the
people themselves.
TRUSTS AND THE TARIFF.
81 believe in The creation of Il COM
mission, with power to investigate and
ascertain the illegal acts Of the trusts
and combinations, and with power to
ascertain the reasonable vaIuatlon-not
the monopoly valuation-ot the phySl-
cal properties of the great monopolles,
beginning with the natural resources;
| such DIS coal, oil and iron; i'll tile crea
ton of a jariff commission OF experts
| clothed with real power TO determine
the valuation of ali the elements OF pro-
| ductlon, costs and profits, The reduction
of tariff rates TO the aScertalned differ
| ence between the labor in this country
and abroad.
"Instead OF each of these govern
ment commissions investigating the
! same facts independently, l believe 1t
would be practical for single board OF
| expert accountants, StatiSlcians, eco
nomists and engineers to be empowered
to get the facts, not for the confidential
| use of the President OF for the depart
| menls, but fol Congress and The publ.
81 am opposed to ship subsidies,
which, once ~entrenched, will become
another corrupting influence III our
politics.
81 am opposed to extravaganza
Oh the advice of interested persons
only. In building batlleships and pollu
cal navy yards, and favor an unpleJu-
diced commission to investigate and re-
port what is required i'll The way Of
national defence.
II am opposed to the dollar dipIom-
acy which las reduced IL State De-
paItment from its high place as a kind
iy intermediary of defenceless nations
INTO a trading outpost for Wall Street
interests, aiming to exploit those who
should be our friends.
81 am opposed to the Aldrich curren-
cy Stheme which, under the guise of
providing elasticity to our currency
system and relieving monetary condi
tlOnS, is, III reality a means cOncentra-
ton OF The currency and the credits of
The United States under a fifty year
franchise into those hands which have
already secured contact of the banking
and insurance resources Of the country.
81 favor a policy of Government
ownership and operation Of Alaskan
railroads and coal mines and OF all AL
askan steamship line by way Of Pacific
ports t rough Panama to New York.
81 was opposed to the Canadian reci-
procity agreement when President Taft
submitted it 10 Congress January 26,
1911; L was opposed to it when it was
before the Senate, argued against il,
voted against it, and L am against it
now.