The Republican party is opposed to special privilege and to monopoly. It placed upon the statute-book the interstate commerce act of 1887, and the important amendments thereto, and the anti-trust act of 1890, and it has consistently and successfully enforced the provisions of these laws. It will take no backward step to permit the reestablishment in any degree of conditions which were intolerable.
Experience makes it plain that the business of the country may be carried on without fear or without disturbance and at the same time without resort to practices which are abhorrent to the common sense of justice. The Republican party favors the enactment of legislation supplementary to the existing anti-trust act which will define as criminal offences those specific acts that uniformly mark attempts to restrain and to monopolize trade, to the end that those who honestly intend to obey the law may have a guide for their action and those who aim to violate the law may the more surely be punished. The same certainty should be given to the law prohibiting combinations and monopolies that characterize other provisions of commercial law; in order that no part of the field of business opportunity may be restricted by monopoly or combination, that business success honorably achieved may not be converted into crime, and that the right of every man to acquire commodities, and particularly the necessaries of life, in an open market uninfluenced by the manipulation of trust or combination, may be preserved.
Federal Trade Commission
In the enforcement and administration of Federal Laws governing interstate commerce and enterprises impressed with a public use engaged therein, there is much that may be committed to a Federal trade commission, thus placing in the hands of an administrative board many of the functions now necessarily exercised by the courts. This will promote promptness in the administration of the law and avoid delays and technicalities incident to court procedure.