The Breckenridge news. (Cloverport, Ky.) 1876-1955, 1916-06-28
Record of Achievement.

We indorse the administration of Wood
row Wilson. 1t speaks for itself 1t is
the best exposition of sound Democratic
policy at home and abroad.
We challenge comparison of our record.
our keeping of pledges and our construc-
tive legislation with those of any party of
any time.
We found our country hampered by spe-
cial privilege, a vicious tariff. obsolete
banking laws and an inelastic currency.
Our foreign affairs were dominated by
commercial interests for their selfish ends.
: The Republican party, despite repeated
\pledges, was impotent to correct abuses
WRich 1t had fostered. Under our admin
Pistfation, under a leadership which has
never faltered. these abuses have been
corrected, and our people have been freed
therefrom.
Our archaic banking and currency sys-
tenn, prolific of panic and disaster under
Republican administration-long the refuge
Of the money trust-has been supplanted
by the federal reserve act. a true democ-
racy of credit, under government control,
already proved financial bulwark in a
world crisis. mobilizing our resources.
placing abundant credit at the disposal of
legitimate industry and making currency
panic impossible.
Federal Trade Commission.
We have created a federal trade CON-
mission to accommodate the perplexing
questions arising under the antitrust laws
30 that monopoly may be strangled at its
birth and legitimate industry encouraged
Fair competition in business is now as
ured.
We have effected an adjustment Of the
e 7, adequate for revenue under peace
conditions and fair to the consumer and
to the producer. We have adjusted the
(e~rdens Of taxation so that swollen in
comes bear their equitable shares Our
revenues have been sufficient in times of
world stress and will largely exceed the
expenditures for the current fiscal year
We have lifted human labor from the
category of commodities and have secured
to the workingman the right of volun-
tary association for his protection and
welfare. We have protected the rights of
the laborer against the unwarranted issu-
ance OF writs of injunction and have
guaranteed to him the right of trial by
Jury in cases of alleged contempt commit
ted outside of the presence of the court.
We have advanced the parcel post to
genuine efficiency enlarged the postal
savings system. added 10000 rural delivery
routes and extensions. thus reaching $780,
900 additional people: improved the postal
service in every branch and for the first
time In our history placed the postoffice
system on a self supporting basis with
sctual surplus in 1918. 1914 and 1915
Economic Freedom.
The reforms which we're most obviously
needed to clear away special privilege.
prevent unfair discrimination and release
the energies Of men of all ranks and ad-
vantages have been effected by recent
legislation. We must now remove. so far
as possible. every remaining element Of
unrest and uncertainty from the path Of
the business men OF America and secure
for them a continued period Of quiet. as
sursd and confident prosperity.
Tariff.
We reaffirm our belief in the doctrine Of
tariff for the purpose Of providing sufii-
Client revenue for the operation of the gov
eminent economically administered and
unreservedly indorse the Underwood tariff
law as truly exemplifying that doctrine.
We recognize that tariff rates are nee
essarily subject to change to meet chang
ing conditions in the worlds production
and trade. The events Of the last two
years have brought about many momen-
tous changes. In some respects their eff
fects are yet conjectural and wait to be
disclosed. particularly In regard to our
foreign trade Two years of a war which
has directly involved most of the chief in
dustrial nations OF the world and which
has Indirectly affected the life and indus
ty OF all nations are bringing about eco
nomic changes more varied and farreach-
ing than the world has ever before expe-
r1snced.
In order to ascertain just what those
changes may be the Democratic congress
In providing for a nonpartisan tariff COM
mission to make impartial and thorough
study Of every economic fact that may
throw light either upon our past or upon
our future fiscal policy with regard to the
imposition of taxes on imports or with
regard to the changed and changing con-
ditions under which our trade IL car
ried on.
We cordially indorse this timely propo-
sal and declare ourselves In sympathy
with the principle and purpose Of shaping
legislation within that field in accordance
with clearly established facts rather than
= accordance with the demands of selfish
interests or upon information provided
largely. n not exclusively. by them.
Amsrlcanism.
The part the United States WIN play IN
the new day of international relationships
which Is now upon US will depend upon
our preparation and our character. The
Democratic party. therefore. recognizes