THE HOKESDAXE CITIZEN : THURSDAY MORNING. AUGUST 6. 1908. TAFT OUTLINES PARTYPOLICIES kwftma Sfttcti Ktpfe tf m PRAISE FOR ROOSEVELT. Republican Candidate Rsbuks Oppo sition's (Und on Philippine Iritis, psndsnos Promt Stops Toward Tariff Reform Immodfatol Afior In auguratlon If ElooUd Bollovot In Inoemo Tax by Statutory Law If Ncooooar For fUvonuoo Rathor Than by Amondmont to tho Constl tutlon Righto of Both Organised and UnorpanUed Labor Should Be Impartially Uphold. Senator Warner nud (lontlenien pf the Committee: I niu dwily wnnltili' of the honor wtilcli the lli'imbllculi Nn tlonal Convention has cou furred on in? In the nouiluntlou wlili-li you forumllr tender. I nccejit It with full npprtcla tlou of tlie rt-spoiisllitllty It Imiiwu-s. tieutlemeii, the strength of tli He' publican cauw In tbe cani'iulgu nt band la in tbe fact that we represent the policies essential to tbe reform of known abuses, to the continuance of liberty and true prosperity, nud that we are determined, aa our platform un equivocally declares, to maintain them and carry them on. Fur mure than ten years this country passed through on epoch of material development far be yond any that ever occurred In tbe world before. lu Its course, certain Tils crept in. Borne prominent nud In fluential members of the community, purred by financial success and In their hurry for greater wealth, trucame unmindful of the common rules of business honesty and fidelity and of the limitations Imposed by law upon their action. This became known. The revelations of the breaches of trust, the disclosures as to rebates and dls criminations by railways, the accumu lating evidence of the violation of the anti-trust his- by a numlier of corpora tions, the overissue of stocks and bonds on interstate railways for tbe unlawful enriching of directors and for the pur pose of concentrating control of rail ways In one management, all quick ened the conscleuce of the people, and brought on a moral awakening among them that boded well for tbe future of the country. What Roosevelt Has Done. The man who formulated tbe expres sion of the popular conscience and who Jed the movement for jiractlcal reform was Theodore Ilocmevelt. He laid flown the doctrlue thut the rich violator of the law should be as amenable to restraint and punlshmeut ns the of ' fender without wealth und without in fluence, and he proceeded by recom mending legislation and directing ex ecutive action to make that rlnr!ple COod In actual performance, President Koosevelt directed suits to be brought nud prosecutions to be In stituted under the anti-tract law, to en force Its provisions against tbe most powerful of the Industrial corporations. Be pressed to passage the pure food law and the meat Inspection la w in the lsterest of the health of the public, dean business methods and great ultl siate benefit to the trades themselves. Be recommended the passage of a law, which the Republican convention has since specifically ailroved, restricting the future issue of stocks and bonds by Interstate railways jto such as may be authorised by Federal authority. Chief Function of Next Administration The chief function of the next Ad snlnlstratlou. In my judgment is dis tinct from, und a progressive develop ment of that which has been jterfonned by President ltooseu-lt. The chief funetlou of the next Administration la to complete unit perfect the machinery by which thette standards may be main tained, liy which the lawbreakers may be promptly restrained aud punished, but which Hhull operate ultb sufficient accuracy and dUpntcb tu Interfere with legitimate liunluess as little as possible. Such machiuer Is not now adequate. Physical Valuation of Railways. Borne of the suggestions of the Demo cratlc platform relate really to this subordinate aud ancillary machinery to which 1 have referred. Tuke for in stance tbe so-called "puyslcul valuation of ralluajs." It I' cleur that the sum of all rateB ur lecelpts of u railway, less proper expeUMS, Kbould lie limited to a fair profit upon tbe reasonable value of Its proerty, auj thut if the sum exceeds this meusure, it ought to be reduced. The difficult' lu enforcing the principle is lu usc-ertalulug whut is tbe reaBuuable vulue uf the company's property, and lu tiling whut is u fab profit It is cleur that the pbj steal value of a railroad and Its plant is un element to be given eight lu deter mining its full value; but us 1'iebldeut lioosevelt lu bis ludlauupolls speech and the Bupreme Court have lu eflect pointed out, the value of the railroad as a going concern, Including Its good will, due to ellleiency of service and xuany other circuiustuuees, muy lie mock greater than the value of Its tan gible proierty, and It Is the former thut measures the Investment on which a fab- profit must be allowed. Then, too, the question whut is a fair profit is one involving not ouly tbe rate of iuterest usually earned on normally safe Invest ments, but also u suthrleut allowance to make up for the risk of loss both of capitul nud luteiest lu tbe original outlay. These considerations will burr Justified the company in lurpoBlug charges high enough to secure u fair income on the enterprise us a whole, Tbe securities ut market prices will Lave passed iuto the bauds of subse quent purchasers from the orlgluul In vestors. Such circumstanced should properly affect the dw-isluii of tbe tri bunal utguged lu determining whether the totality of rates charged w ii-m-mi Able or excesKlve. To Ignoie them might so seiloUHly and unjustly tin pair settled values us to destroy all hope of restoring confidence and for ever end tlie inducement for lnvest tueut lu new railroad conxlruction which, lu re-turning prosperous times, Is sure to be esseutlal to our muteilsl progress. From what has Is-eu suld, tbe pioper conclusions would seem to be thut lu attempting tu determlue whether the entire schedule of lutes of a rultu is excessive, tbe physical valuation of the road Is a relevant and Important but nut iieceHgurll) u continuing fu tor 1 am (outlttctit Unit the Using of rates on lie principles suggested above would nut tuateiiully liupjlr tbe pies cut market values of railroad securl ties lu most ruses, fur 1 U-lleve thut the uormul increase lu the vulue of milium prujerth-. esjH-iluIly lu their terminals, will uiurv tbuu muke up fur the jssHlble uveri-upltullxstlou lu eur ller eurs. in some euses. doubtless, it will is) found llt.it overcupltulliutlou is uiude au ekcuse for excessive ruu-s, and then they should be reduted; but the consensu of opinion seems to I that tlie railroad rutes generally iu this country ere reusunabl) low. Conclusion That Thsro Should Bo Physical Valuation. I hut discussed this, with soma do- gree of detail, merely to point out that tbe valuation by the Interstate Com merce Commission of the tangible property of a railroad Is proper and may from time to time be necessary la nettling certain Issues which may come before them, and that no evil or injus tice can come from valuation In such cases, If it be understood that the re suit is to be used for a Just purpose, and the right to a fair profit under all the circumstances of the Investment Is recognized. National Control of Interstate Com merce Corporation. Another suggestion In respect to sub ordinate and ancillary machinery nec essary to carry out llepubllcau policies is that of the incorporation under Na tional law or tbe licensing by National license or enforced registry of compa nies engaged in Interstate trade. The fact is that nearly all corporations do ing a commercial business are engaged In interstate commerce, and if they nil were required to take out a Federal license or a Federal charter, the bur den upon the Interstate business of the country would become Intolerable. It Is necessary, therefore, to devise some means for classifying and insur ing Federal supervision of such cor porations as hare tbe power and temp tation to effect restraints of Interstate trade and monopolies. Ruch corpora tions constitute a very small percent age of all engaged In Interstate buRl neas. Construction of Anti-Trust Law. The possible operation of the anti trust law under existing rulings of tbe Supreme Court has given rise to sug gestions for Its uecessury amendmeut to prevent its application tu cases which it is believed were never iu tbe contemplation of the framers of tlie statute. Tuke two instances: A mer chant or uuiuufucturer engaged In a legitimate business thut covers certain States, wishes to sell his business uud his good will, und so lu the terms of the sale obligate himself to the pur chaser not to go into tlie same busi ness in those Btates. Kuch a restraint of trade hus ulwuys been enforced at common law. Agulu, the emplnjees of au Interstate railway combine and en ter upon a peaceable and luwful strike to secure better wages. At cummou law this was not a restraint of trade or commerce or n violation of tbe rights of the company or of the public. IS'elther case ought to be mude a viola tion of the untl-trust law. My juvra Impression Is thut tho Supreme Court would hold that neither of these In stances Is within its inhibition, but, if they are to be so regarded, generul leg islation amending the law Is uecessury. The proposal to compel every cor poration to sell its commodities nt the same price the country over, allowing for transportation, is utterly Imprac ticable. If it can lie ahowu thut in or der ts drive out competition, a corpo ration owning a large part of tbe plant producing an article is selling In one part of the country, where it bus com petitors, at a low nud unprofitable price, and In another part of tbe coun try, where It has none, at nn exorbi tant price, this is evidence that it 1b at tempting an unlawful monopoly, nnd Justifies conviction under tlie onti-truBt law; but tbe proposal to suiwrviM the business of corKratlons in such n way as to fix the price of commodities and compel the sale at such price is as ab surd and socialistic a plank as wus ever Inserted in a Democratic political platform. Advantage of Combination of Capital. The combination of capital In large plants to manufacture goods with the greatest economy Is Just as necessary as tbe" assembling of the parts of a machine to tho economical und more rapid manufacture of what in old times was made by hand. The Gov ernment should not Interfere with one any more than the other. What Is an Unlawful Trust TYhen. however, such combinations are not based on any economic prin ciple, but are made merely for the pur pose of controlling the market to maintain or raise prices, restrict output and drive out competitors, tbe public derives no benefit and we have a mo nopoly. It Is Important, therefore, that szch large aggregations of cap ital and comblnatlou should be con trolled so that the public may have the ndvuutuge of reasonable prices and thut the uveuues of enterprise may be kept open to the individual nud the smaller corporation wishing to en gage lu business. Many enterprises have bceu organ ized on tbe theory that mere aggrega tion of ail, or nearly all, existing pluuts in a line of manufacture, without re gard to economy of production, de stroys eompetltlou. They have, most of them, gone into buukruptcy. Com jielltion lu a profitable business will not bo affected by "the mere aggrega tion of many existing plants under one compuny, unless the compuuy thereby effects great economy, the lienent of which it shares with tbe public, ' takes some illegal method to avoid competition and to perpetuute a bold on tbe business. Proper Trcstment of Trusts, Unlawful trusts should be revtralued with all the efficiency of Injunctive process, anQ the persons engaged In maintaining them should be jiuulshed with all tbe beverlly of crlmlmil pros ecution, in order that tbe methods pur sued lu the operatlou of their business shall be brought within the law. Tu destroy them and to eliminate the wealth they repieseiit fium the pro ducing capital of the cuuutry would eutull enormous luss, und would throw out of employment myriads of vvork lugmeu and worklngwoiueu. Kuch u result Is wholly unnecessary to the ac complishment of the needed reform, and will inflict upou the innocent fur greater punishment than upon tbe guilty. Destructive Policy of Democratic Plat form. The liemocratlc platform does not propose to destroy the plants of the trusts phyBlcully, but it proposes tu do the same thing lu a different uy. The business of this country Is iuige ly dependent on u prutectlvo Bjsteu of tariffs. The business duue by many of the so called "trrtsts" is protected with the other business of the count!) The Ilem'MTUtie plutfurm prnpnM-s tu tuke off the tariff In nil tinlc lew turn ing lutu competition with memo pro duced by the su culled "trusts," aud to put them on tbe free list. If BUcli a course would lie utterly destructive of their business, as is Intended, It wuuld not ouly destroy the trusts, but ull of their smaller eomiK-tltors. The ruthless uivd Impracticable character of the proposition gruws plainer us Us effects upuu the whole cumtuuiilty ale reullxed. Tu tuke tbe course suggested by the Democratic platform lu these mutters Is to involve the entile i-uiumuulty, lu Uuceut US It U, lu the puul-dilnent of the guilty, while our pollc) is to stump out tbe siH-cllic evil. This difference between the jiollcles of tbe two gro.it purtles la of esjsHial Imisirtanee in View of the pleselit condition of liUkl uess. After tiu .vi-uts of the most le luarkuhle material development und proTlt , tbeie cuine a tluuiirliil Miln geucy, u punk und uu ludustriul ile pronslou. This wus btuught ubout nut Mil 10 I be. cnoiuious cipuiihluli uf business pluuts and Iius1iio--h luvei-t muuts wlili b could not be leudll; con verted, but ulsu by Hie wustu of eupl tal, lu estruvugtiui'u of living, lu wins aud other tutastrophles. Rspublicsn Ooctrins of Protection. Tbe UepublUsu doctrlnu of piotec tion, es definitely announced try tbe llepubllcau convention of this year find by previous conventions, Is that a tariff shall be imposed on nil Imported products, whether of the factory, furm or mlue, -sufficiently great to tquul the difference between the cost of pruduc tlou abioud uud ut humc, nud thut this difference should, of course, luclude the difference between tbe hlgbet wages paid lu this couiitr.v und tbe wuges paid ubruud unj euibiuce u lea Bouuble profit to the Aiucrlcuu pro ducer. A s,vstcm uf ptotectiuu thus adopted and put lu force has led to tlie establishment of u rate of wuges bete tuut hns greutl.v enhanced the Rtuudurd of livlu ui tne l.iUomig niuu. it Is the poller of the I.epuMic.i.i purty permanently to continue that stiiud.ud of living, in lsl)T the Dlusley Tariff 11111 was passed u'lder whe b we have had. us already said, u perlu'l of euur mous ptosperlty Necessity Tor Revision of Tariff, The ciMiequeut mnteiiul develop ment lias greutl.v cuuiiged tbe condi tions under which luuuy unities de-Bfrlls-d bj tbe schedules -of the turlff ure now produced. The turlff In a number of the schedules exceeds the tllffereuce 1-etweeu the cost of produc tion of such articles abroad and at home, including u reasouuble profit to the American producer. Tbe excess over that difference serves no useful pur Jmse, but offers a temptation to those who would monopolize the production and tbesaleof such nrtlcles in this cuuu try, to profit by tbe excessive rutu. fin the other huud, there ure some row other schedules lu which tlie turlff is not sufficiently high to give the meas ure of protection which tbey should re ceive upou llepubllcau principles, and ub to those the tariff should t-e raised. A revision of the tariff undertaken upon this principle, -which is ut the basis of our present business system, begun promptly upou the incoming of the new admluMriilloii, nud considered at a special M-ssion with the prelimi nary liivemu'.itlons nlready Is'gun by the npproprl ite committees of the House und rU n .ti will make tbe dls turbnnce of liustn.'ss Incident to BUfh s change as little us poshlMo. Labor and What the Republican Party Has Done For It. IVe come now to the question vt la bor, fine Important phase of the pol icies of the present Administration bau lieeii nu nnxlet.v to secure for the wage earner uu equality of op-mrt unity and such positive statutory protection as shall place him ou it level lu dealing with his euiplo.ver The Itcpuhllcun party bus pussed uu employers' nubil ity net for interstate railroads, nnd has established nu eight hour law fur gov ernment employ vt-H nnd on government construction. The essence of the re form effected by the former la tbe abolition of the fellow-servant rule, and tbe introduction of the couipura tlve negligence theory by w blch an em ployee injured lu the service of his employer does not lose his right to re cover because of sllgCt negligence ou his part Then there is the act pro viding for compensation for Injur- to government employees, together with the various statutes requiring safety uppllances upou interstate commerce rallmuds for the protection of their employ ecs, and limiting the hours of their employment These are all ln NtunceB of 1' i- desire of the llepub llcau purty 1i lu Justice to tbe wage earner. Dnu ,oss a more comprehen sive lueasuns lor compensation of gov ernment employees will be adopted lu the future. To give to employees their proper posltlou In such a coutrovemy, iu en able them to maintain themselves against employers having greut cap ital, they may well unite, iwcause in union there Is strength and without it each Individual laborer aud employee would be belplesB. The promotion of Industrial peace through the instru mentality of the trade agreement is often one of the results of such union when Intelligently conducted. There Is a lurge body of laborers, however, skilled aud unskilled, v. be are not organized into unions. Tbeli lights liefore tbe law are exactly th' Bunie ob those of tlie uulou men, oud are to be protected with tbe same cure und watchfulness. Iu order to Induce their employer iuto a compliance with their tequest for chunged terms of employment, workmen huve the right to strike iu u Is-dy. They huve u light to use such persuuslon us tbey muy, provided It diM-s -.'t loach the p'rint of duiess, to lead trir ivluctant isi-luboiers to Jolu tbein In their uulou ugaln-,t their em ployer, uui they huvj' a right if tbey choose, to accumulate funds tu support tlii-se engaged lu a strike, tu delegate to officers the power to direct tbe ac tion of the union, and to withdraw themselves nnd their u-.-Iatch from dealings with, or giving cu-toni tn those with whom they me In eoutro versv. What Labor Cannot Lawfully Do. tVhut they have not the light tu du Is to injuie their employer's pioperty, to injure their employer's business by use of threuts or methods ,f phyl--.i duress uguluht those who would uo,i, for him, ur deal with him. or by car rying ou whut Is soiiH-tlmes known us a secondary loyisjtt ugaliiKt hi cus tomers or those with whom be deals. It huu liecu claimed thut Injunctions do not issue to protect any thing but property rights, and that business Is nut u property right; but sui h u propo sition Is wholly lncotiHlMeut with all tbe decisions of the courts The Su preme CoUlt of the I'ultis States hajs thut the Injunction is u remedy to piu tect proi-crty or rights of u js-cuuluiy nature, und we may well submit tu the considerate Judgment of till luyue-n whether the right of u iiuiti In his bul ness Is not as iltt-tiiictly u ilht uf u lu-cuuhiry iiatuie as the right to his ll'trse or his house or the Mi L of goudJ ou his hhelt. and the Instances in Whhh lujuio lions to protect business have Us'ii upheld by nil courts are so mauy thut It Is futile further to discuss the projMibltlou It is ilifficuJt to tell the ineuulllg of the Democratic platform upon this sub ject. It says: "Questions of Judicial practice huve arisen esjieclully lu connection with In dustrial disputes. We diiu thut the purtliM to ull Judicial puseedlnvcs should be treutisl with rigid Impartial ity, uud thut Injunctions shuuld not Is! issued lu any ruses lu which injunc tions would not Issue if no industrial dispute wete involved." This declaration u disingenuous, it seems to huve Is-eu loosely drawn with the especial purjioHe of rendering it susceptible tu one Interpretation by one bet uf ineu uud tu u dlumetrlcully opjm Bite luterpretutlou by another. It does hot uver thut Injunctions should hot issue in Industrial disputes, but ouly thut they should not issue merely be cause tbey ure lndustrlul disputes, and yet those responsible for the deciuru flu'i must huve known thut nu one hus ever lunliitulncd thut tbe fact that u dispute wus iudusttlul gnve uuy butl for issuing nu Injunction In refereuce. thereto. Tbe declul titlon sis-ins to be druwti lu its piesent vague and utiiblguous shu lu order tu poi simile suiuu j-ople that It is u disiaiutlun ugulnst the Issuing uf Injunctions in any Industilal dispute, while at be same time II muy l- po sllilc tu elplalll tu the uvel'uge plulu I It lion who objci ts tu ilii.s distinctions that no sui h Intention rth-ls at ull. Our jiosltliui i. ileui and unequivocal. We mo uuilou to prevent eveu uu up-l-'uruiov of any lujusthe tu labor lu Ihe l-simiice of Injunctions, not lu a ijjnil el luvoiiilsui to Klin ui of our fellow cltlzenr but of Justice to nl' of our fellow citizens The leasoti for ex rrctslug or lefuslug tu exercise the power of Injunction must lie found lu the character of the uuiuwful Injury nnd not lu the character ur class of the l-vrsous who lull let this injury The man whu hus a business which is being unlawfully injured Is entitled to the lemedles which the law hu al ways given him no mutter who hus lu fiieted the injuries otherwise, wo hu!l huve class legislation unjust lu principle and likely to sup the founda tion" of u free governmeut. Notice snd Hearing Before Issue of Injunction. I come now to the question of no tice Is-fore Issuing nn Injunction It is a fundamental rule of general Jurisprudent- Hint no iiriu shut be tiffi-i-ted by u Judicial ptoceisllng without notice and bearing. This rule, however, has sometimes had an teeptloti In tho Is suing of temporary testralultig orders commanding u defendant In effect to mnltitulii the frf until u hear ing. Such it process should issue only lu rure ruses whole the tllleatetied change of the tttu 71m would Indict Irieparnble iuliirv If time wete taken to give iiotiee and a summitry bearing The unlaw I til Injury usual in Indus trial disputes, such n I have dosty Hi ed, dues not lis-onie formidable exis-pt lifter sullliletit time Iu which to give the defendants notice und n hearing I do not mean to say thut there muy not be eases even In Indllstthli dis putes white i) restraining order might properly lie Issued without notice, but, generally, I think it Is otherwise, iu some Htute courts, and lu fewer I'ed eral courts, the practice of issuing a temporary lestralulug order without notice merely to pieserve tho utatun quo on the theory that It wou't hurt any body, hns beeu too common. Mauy of us recall that the practice has l-eu pursued lu Miner tlein Industusl dis putes, ns, for Instance, In corporate nud stock emit ro,. isles like those over the Ile ralliond In which n stay or der without notice was iigurded as a step of great ndvuutuge to the one who secured it. nnd a eoriespondluu disud vnntiigu to the one against whom It was secured Imbssl. the chances of doing lujustlce on nu e parte uppllea tloti ate miifji inereiised over those when n he-nil g Is gniiited. nnd there muy be cireumsinu'es under whlth It may affect the defenduut to bis detri ment. Iu the ease of a luwTul strike, the sending of n to-iiddable document restralultig n nun ber of defendants from doing a gn-n many difierent things which the plaintiff avers tbey life threatening to do, ofteu so dis courages 1111 ti always teliu-tuut to go Into a ntll.e frotn continuing what Is their lawful right This bus mude the luborlug mau feel thut uu Injustice Is done iu the Issuing of n wilt without notice. I roti"A'he that In the treat ment ur this qui-tlou It Is the duty of the, clilzeu and the legislator to view the atibl'et fiom the. standpoint of the titan who believes himself iu lie unjustly feated. ns well as from thut of the en Tiniiinity nt large I have suggested tin remedy of returning lu such c:'-s to the firlirlnal practice un der the old statute of the I'lllted Stutes and the rules In equity adopted by the Kiipis-un- Court, which did not permit the issuing of an Injunction without notice, lu this respect, the Itepubllcau t'on vent Ion bus udopled nnother temed.v. that, without going so far. promises to Is- efliencious. Effect of Jury Trial. Under such u piovislon a recalcitrant witness who refuses to olwy n subpoe na may iuslst on a jury trial Is-fore the Court cau determine that he received the subpoena, f citizen summoned nv Juror und refusing to obey the writ when brought into couit must lie tiled by another Jury to determine whether he got the summnus. Such a provision applies not ulorie tn Injunctions, but to every older which the court Issues agulnst js-rsous A suit may Is- tried In the court of first lustauce and cur ried tn tbe Court of Apis-iils. und tbenco to the Supreme Court, and n Judgment and decree entered nud nu order is. sued, und then If the decree Involves the defeiidtiui's doing anything or not doing anything, und be disobeys It. the plaintiff who has puisued hU lemedles hi lawful course for yeais must, to se cure his rights, uiuleio the unceituin tles und the delays of u Jury trial be fore tie eun cn.ioy that which is hi right by the dei Islon ur the highest court of the laud 1 say without hesi tation that such a chiiute will greatly 1 ipulr the indispensable power nnd authority of the courts. In securingto Ihe puMh the b. nelits of the new stat utes enacted hi the piesent Adminis tration, the ultimate Instrumentality to Is- lesorteil to Is tl lifts or the Vnlt ed States 11 i,., -t lit-Ijr authority i to be weakeni-d lu a manner never known in the history oi the Jurisprudence of Ktlglatid or Auiell'-u. except lu the cnu Mltutlou of Oklahoma, how cun we ex pect that such statutes will have cr!i clellt enroteemeiitV Tho- who advo cate this intervention of a Jury in such cases sis-Hi to suppose that this change Iu solue way will iuiii.- only tothe Iwn etlt of the js,or w orkingmaii. As a mutter of f.H 1. tin- person who will se cute 1 hlef advantage frou it is the wealthy and mis, ruptilous .lefeudant, uble tu employ sstute uud -cunning Luunsel and un x 1 is to aoid justlie. The tiduii'iisir.iteiii of Julie lies at tile fouiulillloi "t "ove-tlllient The tualnteuall'.' f !' atnieil-ity ,il' the eotiits Is i'-si-1 1 1 pule-- ve are pro pared to e.lilil lie s. -n.-lu New-J iu the hlstuf. .if i'if i.itmtr.v has there Jieetl soetj in I 1 1 !1 e-s .ttaek IIJmiij lhe ludhi.il sy 1 1 1 1.1 . -i 1 ' ie I ' i p .sal lu inter- Jeet II Jury I I I liet in M till .sellers if Ihe court ,1 . ii - 111 - iu1! bearing and the 4'iiforei 1 t ' ni ,1 ti onier- The Currency &yetejn. The lite p 1 ,ll-il,,-iJ a Jueti of elustli ily hii - 1,11 .hi s, stem. This bus Ims-ii .pisi. .11 ,,.! l.ji nn Of tile present I n I - plfUljltlllg 1 lie IssU' or addi'lo! al emeigeiM-y hank liutes, nnd Iii ni'tg their withdrawn! when tbe etneig ic-y hns pussed by II high rutu of tax-i'lou. It Is drawn in conformity with the jiieseut ryttem of bunk mile currency, but varies from It In wiuln ie-ts liy unlhurlzlug tho use of (siniitieii hil paper alu bonds of gissl i nslit. us well iis t'nllud Slute? bonds, us security f.,i its is-demptlou. It U exptewiy i,ut a temporary meus ure uud contains u pm- si,u f,,r it,,, appointment of u rim my oiumtst ion tu devise aud us uiutiieiid a new and refunuod system of currency This iu adequacy of our present currency hys tern, due tu cbungil conditions uud enormous csp-in-lou, is generally rec- I'gulzed. The IlepMlilh an platfunu well Hitteii that we must huve a "more elas tic und adaptable system tu meet the loiiuli omenta of 111:1 ieulturlsts, m.iuu fm turers, ineriluiniM and business juen gv-iierully, must ln nuuimatlc in --ra- tlou, Itssit-lllxilig tl.e ilin tu. 11 11,11s lu in. ten-st ruli," In whuh every Uullur rhnll Ini us goisl as gold, uud which shnll pieveut ruth' r thuu aid financial stringency in bringing 011 a jsiuie. Postsl 6svingt Dunk snd Its Advsn tssct, III 11. IJIIlon to this, the Ilopulillonn platfoim lei otiiniciid 1he adoption of a potul suvlugs bank system lu whb li. of course, the (iuv erilllM'Ul would lie- t'oiue tcspoiislhlc to the ieiitoi for Ibe payment uf piluclpul und luteiest. It is thought lhut the (iuverumeiit guuiuuty will htfug out of hoarding places much money wliith tuuy ho (uriiisl lutu v.eu 1 1I1 pusluelug capital, und tint Jt will Is- a gn at it.n-iiliie f..r thlllt In Ihe ninny sliiali places In (, I'uuuti' having uuvv nu sjilugs Uink facilities which are reached ty tne rosi Office Department It will bring to ev ery one, however remote from finan cial centers, a place of jierfect safety for deposits, with Interest return. Objections to Democratic Proposal to Enforce Insurance of Dsnk Deposits. The Democratic platform recom mends a tax u'kju Is'atluual banks end upon such Ptate bnnkB as may come in, In the nature of enforced insurance to raise n guaranty fund to pay the de positors of any lmuk hlch fulls. How Ptate bunks can be included In such a scheme under the constitution Is left In the twilight zone of States rights nud Federalism so frequently dimming the meuidng and purpose of the prom ises of the platform, If they come In under such a system, they must neces sarily be brought within tbe closest Nntl'junl control, nud so they must really cease to ire State banks and be come National banks. The proposition is to tax the honest and prudent banker to make up for the dishonesty and Imprudence of others. If the proposal were adopted exactly (is the Ireinocratlc platform suggests. It wuuld brlug the whole banking sys tem of the country down lu ruin. The Ilepubllcun party prefers the postul savings bank us one tried, fiafe, nnd known to Ire effective, and as reaching many more i-eople now with out banking facilities than tbe new pystem proposed. Philippines. In the Philippines the experiment of n national assembly has Justified It self, truth us nn assistance In the gov-t-rntueut of tbe Islands und as an edu cation in the practice of self -gov em inent to the people of the islands The proposition of the Democratic plntfnrm is to turn over the islands ns soon as n stable government is es tablished. This has been established The proposal then is In effect to turn them over nt oute. Such action will lead to ultimate chaos lu the islands. The Rights and Progress of tho Negro. Tbe llepubllcau platform refers to these amendments to the Constitution that were passed by the Republican party for the protection of the negro. The negro, in the forty years Blnce he was freed from aluvery, has made re mnrkuble progress. He Is becoming a more nnd more valuable ineinber of tbe communities In which he lives. The educutlon of tbe negro Is being cx punded and improved in every way. The treat men of both races, at tbe North as well as at the South, ought to tejulce to see growlug up among the Southern purple an Influential element disposed to encourage the negro in his tiurd struggle fur Industrial ludejrend enee und nssuti-d polltlcul status. The Hcpubllcnu plutform, adopted at Chi sago, explicitly demunds Justice for all men without regard to nice or color, nud Just us explicitly declares for the enforcement, und without reservation, In letler und spirit of the Thirteenth. Fourteenth nnd Fifteenth Amendments tn the Constitution. Publicity of Campaign Contributions snd Expenditures. Another plunk of the liemocratlc platform refers to tbe falluie of tbe Ilepubllcuu Convention to exjiress uu opinion in fuvor of the publicity of contributions received and expendi tures mude In elections. Here again we contrast our opponents promises with our owu acts. A resident of New Vork has been selected as treasurer of the Ilepubllcun National Committee, who was treasurer of the Bepubllcan State Committee when Governor Hughes was elected in New Tork. and who mude a complete statement with in twenty days after the election, as required liy tbe New York law. of the rontributloUB received by him and the expenditures made by him or tinder bis authority in connection with that election. His residence and the dis charge of his duties lu the State of New York subject him to the law of that State us to ell receipts of the treasury of the National Committee from whatever source and ae to all Its disbursements. His returns will be under the obligations and penalties of the law. and a misstatement by him or the filing of a false account will sub ject him to prosecution for perjury i.nd t lolutlon of the statute. Of course, uuder the Tederal law, be is not irer mltted to receive any contributions from corporations. Income Tan. 7'he Democratic plutform demands two constltutlouul amendments, one providing for un Income tax, uud the other for the election of Senators by the jreople. Iu my Judgment an umeiidment to the Constitution for an lucouie tux is not uecessury. I believe thut nu income tux, when the protec tive system of customs nnd the inter uul revenue tax sbull nt fuiul'h in come (Uougli for goicrniucutul needs, cun nud should Is- devised which un der tho decisions of tbe Supreme Court will conform to the (VmstJtutlon. Gleanings. Switzerland piotlted neurly $n,fftn,(rfio by the excess of lecojpu over exjs-iises lu the running of rallvvuys lust yeur. Spanish s-:isants l-lieve that the water iu which a wedding ring has Iss-n dlpissi will cure weak eyes. Alfred Sodermati, connected wltli the state tig! 'cultural experiment stutlon at Wnns-stcr. Mass, I growing jrututoes uud tomutocH on tin- sume vine A path-ut In u lios-p'tul iu Cincinnati Imagines lhut he Is u dug uud keep one foieflnger moving ull the time, thinking, physicians say, that It U the dug's tiiil. Jtlu du Junelio hus only one sky scruiT. It hus nine stories and is a newspaper ulUce 'Ihe ouly other building iu the city mure than live stuiles ulsu Irejongs tu u new spujier. When John liullauli, n hauffeur, of New Vork city was arraigned iu the ljice court lecently 011 u charge of walking uu the grass In Central park it wus suld to In- the tlrst uriest of that kind In the puih In neuily ten years. Pen, Chisel and Brush. I'arls artists have adopted s new nnd startling style of producing cartes-tun- In sculpture. ilurr L. illller, sculptor, a sou of Warner .Miller of Herkimer. -V. VM has Iss-u seleett.l to make a life size biouze statue uf the late Thomas II. JiissJ tu U- placed in the ilty park at l'urtlund, Me. Louis IIouoiH Frechette, who dh-d recently, wus the uimtllclu poet lau leute of Canada Uu wrote in I ieuih, uiul bis wurk wus row utl by the Flench uciidemy. Iymgfelluw hailed him as tbe "pathfinder of a new land of song." Frederick Moure, the author, is liv ing u London, where he was married recently to a young I'ligllsbwoiuan. Mr. Misrre's home wus foimerly lu New Orleans, but his duties as war orresiuiideut have taken him tu all parts of the world. Things Theatrical. Yvetle Oullls-rt says she is going to leave vaudeville, Itorutby Donnelly Is lu Ire starred In a new play by Charles Klein uuder tbe muiiugeineiit of Henry li. Harris. Marie Wuluwrigbt has beeu engaged fur u role lu "tiaumuu" with William Gillette. fieri le Millar and several other mem-s-rs of ihe Iindou (Islrty company will come to America fur "The Ulrts at Outleuberg." Tan Net Enough, James B. Keene, the Aarlns specu lator and financial magnate, was Kit ting one day In bis IT all street oBos when a lank Yankee, whs tn accent end appearance gava every Lndlcatkm of bavins come from the rural dis tricts, was ushered la. "Well, sit, what can I do for yoaV asked Mr. xteene genially. Tbe man gave his name find address, the latter being a small tillage In Maasarhsaetta, and announced that ho hail coxus to New Tork to go into speculation aa4 wasted Ur. Kesne's advice. "H'm-in-m," reSectivuly murmured the old tune antagonist of Jsy Gould. "May X ask how much money you or prepared to lnvestf It devdujred that the Yankee's capi tal was exactly (10. "Go back to Masaarhnastta, coun seled Mr. Keen solemnly, land tort come here again untU 70a hare amassed at least (JO. TwsxttysSrs dol lars is positively the smallest sum on which a man can begin and hope to be a success la tbe street" The man who overboard the conver sation is still wondering whether Eeene was Joking or In earnest la view of lteeue'e wtsardry, xt Is quits likely that be bimaeif would bs able to do things In Wall street with a cam no higher than (23. The Forelgnar'e Shots. Buffalo Bill, who says that with hard wurk a man should lira to be a centenarian, talked at a reunion of I 'tin Kan cavalrymen about straight shooting. "it is hard work to learn to be a straight shot" he said. "It took roe a lung time to learn to shoot straight I learned, though. I once contracted with tbe Kansas Pacific railway to furnish enough buffalo meat for all the labor ers employed on the building of tho road, and In aigbteva months I killed 4.S80 buffaloea. That was straight shooting, eh? That gars me tide same of Buffalo Bill that pcsopla generally know me by." He smiled. "We Americana ars stralghter shots than most" be said. "A French prions visited rue on my ranch onoe, and we went out after birds. "I came back with a' fuli bag, but when I asked the prince what be bad killed he said proudiy: " 'Of xe bulrds none; sey an too dif ficile, but of xe vild cows and calves I ave nine oraire se TIL "Washing ton Btor. HUMOR. OF THE HOUR His Wise Words. "Muh friends." solemnly said good old Parson Bagster iu the course of a recent sermon, "don't perpetrate wtd de devil don't poll yf ox around him and think yo kin gtflt fuollu' when yo gits weary of de spu't De man dat kin take a drink or let it alone never Quits. Don't 'maglue yo kin 'suds to wid de gen'leman wld de hawes and etlckery tail tweil be ctsises to amuse yo' end den lift yo bat and say: 'Un. well, goodby, saat Itn tin gwlne." Don't think for a miuuts yo kin fool him old Attn la de thirty -third de gree high ram of ail 'oeitfulnXss aud has done fuhgot mo un de subject dsn yo ever knowed. "Don't blleve xiooe f bis peumbsa, no marts h bow salutatory dey sounds, bekaxe he's done got all da white politicians yo ever seed In yo Kfe best to a Jelly for amoors lyin'l Don't have no 'sodatton a -tali wtd htm, 'csppln to gtve him bofe barts waoaarsr yo finds nlm. If he's la a tree float yo" brieve nuthln' wtuss be anxUss and says: "Don't shoot, colonel, m cocao right do wd r Dues answer back. "Owlne to snoot, and den yoll stay downf And den do It! Do it! Dea ma like de devil er ah run wid all yo feroc ity, De choir will now vociferate." Tom P. Morgan In Pock. Unlucky For ths Umpire. Greening I had no Idea you were snperetltloua. Browning I'm not Greening But you were carrying a horseshoe when yuu entered ihe bull park yesterday afternoon. Browning Oh, that was to ii.-ure at the umpire in case be got gay. Chica go News. Different "Did I understand you to say that all rum selling has been stopped In your town?" "Not at all. I merely said It was strictly prohibited." Catholic Stand ard and Times. Retribution. Lily-Held Tollnot Here's a piece iu de paper about a feller wot went tu sleep iu de bathtub aud wax drowned. Frayed Fagin-Served blm tight Philadelphia Press. Bottled Bait Yeast Pish books have been tnade on precisely the same design fur 2,000 years. C'rimsoubeek But Just think of the many changes iu bait there bate beeu in that time. Yunken Statesman. When She Tolls It Mrs. Homer Do you mean to say that Mrs. Gabbles doesn't tell the truth? Mrs. Nextdoor Not uecessarlly. She tells it if it's something mean ubout the neighbors. Detroit Tribune. Not Needed. Old Customer 1 want a ntce boms growing vine. Florist Here's a wall flower. Old Customer Don't need it Have two plain, middle aged daughters. Baltlmure American. Purely a Matter of Ckoloo. "Do I have to paj this Ull for gas that I never used?" "Not unless you choose. There is no compulsion about It We merely shut off your gas if ) ou don't pay it" Chi cago Tribune. Not Quite Clear. Dlggs-Beg pardon, but did I under stand you to say it costs you I1O0U0 a year to lite? Biggs-Yes. Dlggs Then why do you do It J De troit Tribune. The Past Tense. "How do you know be has a lot of money J" "He has got tuu automobiles." 'That is merely u sign that be used to have a lot of luooey." New York Life. Fresh Report sr. "Yes," said Storulugtoa Barnes, "I lovs tbe stage. I am bound to It ky many ties, as It were." "Itullruud tlus?" queilu tbe fnstls reporter. Hi. Iuu!s Pust-Dlspatrh. Worse and Moro of It Grumtreli-Must women bare but tsar Idea, and that's drees. Jeuks-Huhl My wife baa about a duxeu ideas all uu that subject Qoaa- toa Post, Shocking. "Where bare you been, CUmentlsa-r" asked tbe sunt "I bate beeu down to tbe falls play ing with tbe eddies," replied the pretty girl, with wet Sogers. Tbe old lady was horrified. "Wbst! Playing with the KdliesT And without a cbaperoor Chkago Usws. HONESDALE DIME BANK Accepts Deposits, Loans Honey in Small and Large Amounts It Gives A Handy Check and Free to All Household Bank Pass Book One to the Savings Depositor, Business Account. Doing Business by Check is the up-to-lhe minute way It Saves It Saves It Saves Wrangles Paying Twice Losses Because a Check is always a Keceipt. Cheapest and Safest Way to Send Money to Foreign countries is by a Money Order issued by this Bank. Safely Deposit Boxes for Your Valuable Papers $ and upward per annum. Open a Business or Savings Account Now. The Era of New Mixed Paints ! This j ear ojiens with a deluge of new mixed paints. A condition lin.ugh about by our enterprising dealers to get some Vind of a mixed paint that itr applant CHILTON'S MIXEU PAINTS. Their coiimcmndt. l'rinc new and , eailr advertised, iuxt find a sale with h IBB ONLY riotCK IN IlONEiND AtiK pi XflU'C UlVrn D1IBITC iDIHOnUEl) TO BaHlILK blllLIUIlO ffllAtU V Hill I O J ADWIN's' PHARMACY. There ate icisoni lor the pre-eminence I CHll.TON TAINTS : Kt No one can mix a better mixed paint. d The painters declare that it works easily and na wonderful eovrrinr qtality. 3d Cliilttm Hands b ick of it and will agree lo repaint, at his own expense etery surface painted with Chilton Taint lhat proves defective. 4tu Those who have used it are perfectly satisfied with it, and recommend s use to others THK DELAWARK & IHJDHOIV CO. HONESDALE BRANCH. tostllottaa Trains la ggw-l JL'SB rutin. West Hoond Tralnn. Similar Only. IK 1U4 1U( r.s. r.n a.m. S 111 1 s us nan 'an an s in an s se 11 17 s it a sv ess ss sst (ss sst II XL lu ou am iu w H H . IU US IS ft IU 31 an lull Pstir, e xw-jii Huiidir. it so" M - r.. r.a. s.m. .Lviivv ..Aiiivv s. 6 au 1 La s to' .A'snKiudMie. i, n 1 It su f a uu XH to .. .Uucola Ave. nun ui m ti alum nl . IIHIIS.!) in 3 M IHl IM. . J 01 1 s si or,. n is 1 1 4s r w3 . n ic t s 44 w . .. n aut 1 4n rn m L n 14 1 1 m nr tvL n sir ii n i J 31 8 Ml v 6u.. ..Honrsdalr-.... K,i 3 i. u sci. r.a. r. s. 4.M. Arrive. i ladicstes Sag stauoiis. C a. SIMS.sd Vlo rmsiadnt. A. A. ileara, tiuinrsl The iiie most tbrousbiy ng y s practical, helpful, NeW'lOrK useful, entertaining, t jr national illustrated iriDUne AGRICULTURAL FAMILY Carmpr weekly in the rdllllCl United States. PRICE, ONE DOLLAR A YEAR. Send your name for free sample copy. " Hew-York Tribune Farmers Tribune Building, N.Y. THE HONESDALE CITIZEN WILSON & PENNIMAN PrssHsUro. RrtsWItht In 164)4. Boek aad Job Werk Preaiptly KRAFT & CONGER, General Insurance Agents HONESDALE PA MfiHTwaa tn ttuawvn ctwisot: MTXA. At Hartfonl. 1HW 4 ICCnllCU. ot Osraunr. AKBBIOAM. ct Htwarlc, M. J. OONTIMEMTAIi. of Xew Tork. lUH ASaOOIATION. of ltd lad el phis UVBBPOOIi tiONDOM GLOBE of Enjtianil. HOBTHEBtt. of England. KOKTH BHITlfiU A MBBOAMTItiE f England. MOBTU M BaTEUtf NATIOMAU of Mllwaukao sru surit3.u k. a jl of 8prtiuralil, Uass, TBAVfilAU LIU'S AOC1DBMT. of Hartford. OTDKUTY CASUALTY, of Pblladeiptria. H.J.CONQER. J. ADAM KRAFT Kennedy's Laxative Cough Syrup RakavM Coidi bj mxtlng them out of Mm qrsiea throogh a coptoa and hui&j txtkiB Oct tbe bowels. Rclletrea ohs br cleanttntj: the aucoua membranes oi tho Uiroxt, choit ad broccMaJ tubes. aaMaeisSasia Children Like It rm ueucaE-wuc vmri rij MKiQasirf SUtK m-tm ml Kb Isold by FEIL, Ths Druggist. MARTIN CAUFIELD BCaimffcotarer ot Monumental Work Honsdal0 Pa. Iwtawalory Bhwima Carea im )4L; e HiBtfllig im LH-rUiic ftitd Lrr tod u& tomi. ruJlfM no LCk.eL until atom Uted LLe MraUe uww lor liLgiuaMhwL ltglinmMittrrtWU CM iu .U4 to wain tUwt U Um tiAja. I aid wrt Urn iliii tm. Woa 1 MMyjij the other to Anyone opening a the unwary, PtLH,VXtH-Tl MlUddJ-. matloiia. t-Ulldil) 4I11IJ. 1..1 13" jtr. el r.M.r.. 1 116 I Ull ft All "U ll III n m f 1 if, a n n a ns ft-1 r. 11 a 111: Dt ir. in : m ir 41: 4 id. : I? it it 4 m n it n: ii ri mi nr ur, 14 4& n ur, rut in 14 i n in 1: ic w nia 14 M 11 1; 11 01 IU IHl, 11 III 11 81 1 11 m 11 at 11 s 11 31', 11 IC 11 15, 11 IW 11 m I Whit.. ..Karvlcw.... .C'aaaaa..... Ln.Lt Lodcrre.. M a) mart . . ...Kr-rlie ...... ..wiH-nc. ... ITotuptun ..ruru-iila. .... . m-elv vine . . . Lhsvp a.m. r.s. 1 r.s. 1 J. W. uritPICK. I-aiwuBPr Trunic sHuiappr faaat - uct - r Art-ut. AlDaar, s. V Both of these papers one year for only $2.00 if you send your order and money to THE CITIZEN Pa Executed. THE CLARK & SNOVERCO. Olr,, htinr a list 44 Dealers la Honesdale and Vicinity G. & S. TOBACCO Hsnsadalo rlHT Brothers A EU-itasrdt W U UolniFS J Osoar Terrri Jo tin Uanrtrt il Bisnop Ttrrodoro C Bninie Mrs. F Vroll Uoree li KimWf J (I 8irncr li Beillr J W 8nfcrrst4-4-n X Brotb w BAC8tllg A A tiramln Menner A; Co Katz Brolbtirs CUrk &. Bullock Mrs X C Poll Henry Preund W L Burnard Antonio Baibieri W h Herman Jaol A Hiller U Smllti a; Son t'atnok Weir Hatwlsy Atklnran a. Qalnnf M It Uarrnt W II Butait PJ Bower xl tV)rciran ) Prank Foster lllsTltancan (O II Wood a aid EJ Itu-fasrason James It Ames Usjy A stetson P P Swingle John Curran F(.Tutlie&Co Weln A- Ames E L ScLlsKf-r tjc-orrt; A wee Ueurr F lies L II PMltz Whits Milts 1 Samuel tisunders 1 KdwaldT Kelle) 1 Margaret Slsviii If we should attemjit to give a. list of those who USE IT it would take a doten ncwsjupcrs One of tbe lt teiJImouisis of Ibe ex xelleut iuc.lily or Clark & Snover Tobacco i the fici llit l Low vfho uow uhh it trtel Uiirlf yr apo, aotl irotouof uvm ruul d oljmr or vtookf. 107 otb-r tmii) if u wMdjIVMi 10 Ibrin. THE CURK & SNOVER CO., 1 13 to 12! Adams Are., Kelt ANTON. I'a LIMP, LIMP 'Oh, That Corn!" How on in (vtiffw with tmh m vora I To IuokaL,iraIiiiut uolliius, but tbe burl Ibal'i where corot count. Now lb lonfcaufffime tboM wto biro failbf ully inwt lot of corn curat wlibout -fftt, may out (ion our Utenvat, but, nevt-i ibelnr, we tuxkts it, and if true. We bare a -orti nji that will take out your torn 1 root aud alL If ummI aMoidiaj; to direeUout It will leare do aurennw. We warrant it your money ba-i lt if you are oot aaUifled. Call for RUSSIAN"-" CORN CURE. O.T. CHAMBERS. Phaimsclst Opr. U.AM. STATION. HONKHDAIiB, - P I WM. GIESEKE THE PEOPLE'S TAILOR. You pajr le and dress better. Get Ihe habit of buying our 100 ircr cent, pure wool, strictly fast color goods. Yuu will find our clothe very differ ent from the ordinary ready-to-wear garments you meet at every lure. Latest Stvles and Perfect Fit Prices Reasonable at WM. GIESEKE'S 110; Main St. Honesdate, P. Near Uo-Town-Iiridfe. k It I S 13 VA : 41 3 r its ' II so n w 1 1 ic ,ti 11