Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1920-07-08
FRISCO PLATFORM
HITS MONEY BAGS
Declares Wall Street Wants Sen
ator Harding as President.
CORRUPTION FUNDS" SCORED
Asserts That Republicans Would De-
stroy Good Work of the Democrat
ic Administration - Criminal
Laws for Profiteers.

San Francisco, July 3.-Framed af-
ter days and nights Of struggle with
clashed interests and opinions, the res
olutions committee draft Of the plat
form was adopted by the Democratic
national convention.
1t attacks the Republican party for
corruption" and for the shocking
disclosure" of lavish use of campaign
money.
The draft Of the platform takes an
aggressive attitude on all the ques-
ti0ns Of the campaign. 1t puts the
Republican party on the defensive Tor
it's attitude on the League Of Nations,
It's failure to reduce taxation, to pro-
vide for the punishment Of profteers,
to cut the cost Of living, to enact leg
islation beneficial to the farmer and
to meet pressing problems to help the
people in their family and business
life.
"Money Re-enters Politics."
On the other hand, the platform at
tacks the Republican party as the
servant Of the Wall street money in
terests. 1t devOtes plank to "Repub-
Iican corruption" in which it points
out the fact that the Republicans
control the senate by the single vote
of Senator Newberry of Michigan, who
is under conviction charged with haV-
ing violated the law limiting campaign
expenses. The plank draws the in
II fnI
re-entry, under Republican auspices, of
money as an influential factor in
elections"
The people are asked to administer
"stern popular rebuke" to the money
powers by the election of a Democrat
&c president and a Democratic con-
gress
Criminal laws which mean Jail SEN
fences for prOfiteers who have contrib
uted to the high cost of living are de-
manded in the platform.
Seek to Destroy Federal Reserve.
One reason Wall street is against
the Democratic administration, the
platform points out, is the fact that
through the federal reserve act the
control of the finances of the nation
has been take naway from speculative
bankers and has been lodged in the
hands of public officials. The money
powers are trying to assault the vital
principles of the federal reserve sys-
tenn through Republican success in No
vember, the draft says.
The Republicans are accused OF
public economy and are denounced for
'pOlitical cOWardice" in failing to
revise the tariff as they promised the
country they would when they gained
control of congress in 1918.
Attack Harding's Farm Record.
The Republican congress is asailed
for its attempts to break down the
farm loan system under which farmers
of the country have been delivered
from the tentacles Of loan sharks who
formerly practiced eXtortiOn on the
agricultural interests of the country.
Senator Harding, the document de-
clares, was one of the original oppO-
nents of the federal farm loan system,
which was inaugurated by a Demo-
cratic congress under a Democratic
administration after Republican adj
miniStrations for nearly half a century
had failed to afford bank credits to the
farming interests.
Accepts Treaty Reservations.
Foremost among the planks came in
dorsement of the League of Nations
and condemnation of the Republican
senate for having interposed partisan
envy and personal hatred in the way
of world peace
The presidents stand against Tres
ervations designed to cut to pieces the
vital provisions of the Versailles
treaty" was applauded, but coupled
with the declaration went the state
ment. written in after prolonged
committee struggle, that the Demo
cratic party did not oppose "reserva-
tons making clearer or more specific
the obligations of the United States
to the league associates"
Accompanying this was an assertion
that the president had repeatedly de-
clared and the convention now reaf-
firmed that American obligations as a
league member must be fulfilled in
strict conformity with the Constitu-
ton of the United States, embodied in
which is the fundamental requirement
of declaratory action by the congress
before this nation may become a par
ticipant in any war"
Sympathy With Irish Aspirations.
The Irish plank was brief. The spe-
cific reference followed general as
sertion reaffirming the principle of ma
tional self-determination as a war ain
which victory established" 1t mere
ly renewed within the limitations of
international comfy and usage" pre-
vious expressions of the Democratic
party of sympathy with Irish aspira-
tons for government.
Silent on Armenian Mandate.
The Armenian plank also expressed
sympathy, but was silent on the ques-
ton of acceptance by the United
States of a mandate over that country
for which the president asked author