Republican Principles And Policies : a Brief History of the Republican National Party

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The party declared that the pro- tective tariff is to be maintained by duties to equalize the difference between the cost of production at home and abroad, together with a reasonable profit to American industries, and favored the establish- ment of minimum and maximum rates, to be admin- istered by the President, to meet foreign discrimina- tions. It declared for a revision of the tariff, a postal savings bank system, measures against panics, a statutory definition of court procedure in injunc-... tion cases, legislation for the new merchant marine, the protection and maintenance of American wage- earners and the welfare of the American farmer, the conservation of natural resources, and such amend- PRINCIPLES AND POLICIES 203 ments to the law as will give more effective control of interstate-commerce corporations having power and opportunity to effect monopolies.
The speech placing "William H. Taft in nomina- tion before the convention was delivered Iby Senator Theodore E. Burton (0.). Other candidates pre- sented were Joseph G.


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