New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1912-07-03
TARIFF REVISION DOWNWARD A
immediate Reduction Demanded,
Especially on the Neces.
saries Of Life.

Reaftirms party's devotion to tn
principles of Democratic government
as formulated by Jefferson
Declares for a tariff for revenue
only; denounces the high Republican
tariff as the principal cause of the un
equal distribution of wealth.
Favors immediate downward re
vision of present duties, especially
upon necessaries of life. Also favors
gradual reduction so as not to inter.
fere with or destroy legitimate indus,
tries Denounces President Taft for
vetoing tariff bills of last congress.
Condemns Republican party "for fail
ure to redeem it's promises of 1908
for downward revision"
Takes issue with the Republican
platform as to the high cost of living,
contending it is largely due to high
tariff laws.
Favors vigorous enforcement of the
criminal features of the antitrust law.
Demands such additional legislation
as may be necessary to crush private
monopoly. Favors prohibition Of hold
ing companies, interlocking directors,
stock watering, etc.
Condemns Republican administra-
ton for compromising with Standard
Oil company and tobacco trust"
Denounces as "usurpation" the ef-
forts of Republicans to deprive states
of their rights and to enlarge powers
of the federal government. There is"
says the platform, mo twilight zone
between the nation and the state in
which exploiting interests can take
refuge from both"
Approves Income Tax.
Urges support of proposed constitu-
tional amendments pending in various
state legislatures, providing for an in
come tax and election of United States
senators by direct vote of the people
AS justification of the demands of the
party for publicity of campaign ex"
penditures attention is directed ito the
enormous expenditures of money in
behalf of the president and his pre-
decessor in the recent presidential
contest"
Declares for presidential preference
primaries. Directs national commit
tee to provide for selection at prima-
ries of members of national commit
tee.
Pledges party to enactment of law
prohibiting campaign contributions by
and unreasonable cam
paign contributions 'by individuals.
Favors single presidential term and
making president ineligible to re-elec.
ton.
Felicitates Democratic congress on
it's record, enumerating important
achievements, and pledges an ade.
quate navy.
Denounces Republican administra.
ton on charge of extravaganza and
demands return to simplicity and
economy BETTING Democratic gov
eminent.
Efficient Rate Regulation.
Favors efficient supervision and rate
regulation Of railroads, express com.
panies, telegraph and telephone lines
and valuation of these companies by
the interstate commerce commission
and also legislation against overissu.
ance of stocks Of these corporations.
In connection with a demand for
such revision of the banking laws as
will give temporary relief in case of
financial distress there is denuncia-
ton of the Aldrich bill prepared by
the monetary commission. The pres
ent method of depositing government
funds is condemned and the party is
pledged to the enactment of law for
the deposit of such funds by competi. |
tive bidding in state or national banks
without discrimination as to locality. |
Recommends an investigation of |
agricultural credit societies in Europe |
to ascertain whether a system of rural
credits may be devised suitable to con-
1itions in the United States.
Pledges party to enactment of legis-
alton to prevent devastation of lower
valley by floods and the
of the Mississippi is declared
TO be a national rather than a state |
problem. The maintenance of a navi-
gable channel also is recommended.
Favors national aid regarding post
roads.
Repeats declaration of the platform
If 1908 as to rights of labor and |
pledges the party to an employees
law.
Favors Liberal Land Laws.
Declares the unnecessary withdraw
II of public lands tends to retard de-
7elopment and bring reproach upon
policy of conservation; that reserva-
ions should be limited to purposes