New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-06-29
TARIFF FOR REVENUE
MADE CHIEF ISSUE
Democrats Pledged to Immediate
Downward Revision
of Duties.
ONE TERM FOR PRESIDENTS
Enforcement and Extension of
Anti Trust Law Favore(-State
Rights Asserted-Plal for
Currency Reform

currency REFORM
Baltimore. June 2s-Bristlng With
Democratic progressivism, the platform
or which the Democratic patty vii!
stand in the approaching campaign was
completed late to-day by the committee
on resolutions and awaits only he ap-
proval of the Presidential NOMINEE TO he
presented to the convention.
The document is the result OF forty
eight hours Of delberation on the part OF
the committee. II is an almost entirely
new document, though the recommends
tons Of the New York delegation were
followed in many particulars
From first to last the committees de-
Nberatiors were characterized by III, ut
most harmony. The unanimous demand
was for the most pronounced decl'ra-
tons in favor Of Progressive policies all
along the line and the only differencei o:
opinion arose over the best method OF
expressing this tendency. The result is
a platform: Of generally advanced views,
although many Of them are less radical
than the party declarations Of Other
years.
The document covers every subject a
importance which has been the suojed
Of party discussion IN the last four years
None Of them is deliberately presented
but the large number Of subjects renders
II somewhat voluminous One nembe!
said that IT was "as long as clothes
line" and another that It extends from
Maine to California
The members Of the committee express
general satisfaction with the outcome OF
their work. and Mt Bryan, who took an
active part in framing the paper pre-
dicted that IT would arouse the disap-
prevail Of not more than dozen mem
bers OF the convention.
Under the new rule adopted the plat
form will not be presented 70 the con-
vention until after the nomination Of the
candidates Its submission will follow
the selection Of a Vice Presidential can
didate.
II declares for tariff for revenue only
and denounces the high Republican tar
if as the principal cause Of the unequal
distribution Of wealth" II favors inme-
date downward revision OF present
duties. especially on necessaries Of life,
and gradual reduction so as not 10 inter
fere with or destroy Legitimate indus
tries. The high cost OF living is declared
to be largely due 70 high tariff laws.
II favors vigorous enforcement of the
criminal features Of the antitrust, Law,
and demands such additional legislation
as NAV be necessary TO crush private
MONOPOLY. It favors prohibition OF hold
ing companies, interlocking directors,
stock watering. etc II condemns Re-
publican administration for 'compronis-
ing with the STANDARD on COMPANY and
tobacco trust
II derounces as "usurpation' the ef-
forts OF Republicans 10 deprive states
OF their rights and 70 enlarge the powers
~ the federal government There IS
says the platform. no twilight zone be
tween the nation and the state in which
exploiting interests can take refuge from
both"
II urges support ~ constitutional
amendments pending In various state
legislatures. for an income tax and cleo
ton OF United States Senators by direct
vote.
II declares for Presidential preference
primaries and directs the national COM
lnittce 70 provide for selection at pri-
raaries Of It's members.
II hedges enactment Of Law prohibit
ing campaign contributions BY corpora
tions and unreasonable contributions by
individuals.
Favors single Presidential term and
making President ineligible 10 re-elec-
ton.
Congratulates Democratic Congress on
its record and pledges an adequate navy.
Denounces Republican administration
on charges Of extravaganza and demands
return to simplicity and economy befit-
ting a Democratic government
Favors supervision and regulation o:
railroads, express companies. telegraph
and telephone lines and valuation OF
these companies by the Interstate COM
merce Commission, also legislation
against overissues of stocks.
The Aldrich bill prepared by the Ma
tional Monetary Commission, Is de-
nounced The present method OF de-
posting government funds is condemned
and the party pledged to the enactment
of law for the deposit of such funds by
competitive bidding in state or national
banks without discrimination as TO To-
cality.
Recommends investigation Of agr!cult-
ural credit societies IN Europe to ascer-
tain whether a system Of rural credits
may be devised suitable TO conditions in
the United States.
Pledges party TO enactment Of leg!s!a-
ton TO prevent devastation Of lower
Mississippi Valley by foods. The con-
troll Of the Mississippi is declared to be
a national rather than a state problem.
The maintenance Of navigable channel
is also recommended.
Favors national aid regarding post
roads.
Repeats the party's declaration Of the
platform Of 1908 as TO the rights Of
labor, and pledges the party to an en-
ploye's compensation law
Declares the unnecessary withdrawal