Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-11-30
WILL
FIGHT TAFT
IN OHIO
DEFENDS HIS HOSTILITY
TO ROOSEVELT POLICIES
Declares Time viii indicate
His Position On Rate Bill,
Joint Statehood and Browns
Gates of Indebtedness,

iBy Morning journal soecIai Leased wlre.l
Washington. Nov. Ex-senator j. b.
Foraker made IL clearly known today
that he will contest the Ohio delega-
tion 10 the republican national con-
Vention with Mr. Taft This decision
rs contained Ia a letter to Conrad j..
Mattern. vice president OF the Ohio
league, who forwarded to Mr.. For
aker "A copy OF the resolutions adopted
by dhe advisory ana executive COM
mittee of the league endorsing Mr.
Foraker for the senate and presiden-
tial nomination. He defends his
course in relation 10 the passage OF
the railroad rate bill and insists that
the necessity of the railroads of the
country To spend millions of dollars
annually In increasing their facilities
make this q bad time to hamper the
roads I'm any unnecessary way by leg
islatiun
Senator Foraker says he is gratihed
by the endorsement OF the committee
at this time, because Il is fiat rebnke
To the suggestion that the office of
the United States senator Is to be
stripped Of all the real honor at
tttched TO II By making It's incumbent
"A mere agent TO register the degrees
.of comebody else.
In the course OF his letter Senator
Foraker says
u don't want to even appear to be
a candidate Tor two offices at the
same time, and therefore forego the
double honor proposed and with
heartfelt appreciation, accept the
support for the presidential candidacy
which the committees have so gener-
ously tcndered|
Continuing the letter says: II do
not only stand for the broad princi-
pies involved, but also stand ready to
submit 10 my constituents for their
Judgment not only my actions In the
three iuslarcea when I was unable to
agree With f'he president. but my en-
Itiee ta - have mede mistakes.
llsat ODD eaf - wolfe 81 oihel act
viii be found that was not In accord
ancc with a Conscientious Judgment
formed by the aid of the best light at
the time attainable.
My action on the Joint statehood
bill, and In the Brownsville matter.
your committees have approved. as
believe the great majority of repub-
liCans do everywhere
There are doubtless yet many who
criticize my vote on the rate bill. but
II the assurauces with which my mail
is filled, coming as they do from every
section ot the country are not mis-
leading, the number OF these critics is
rapidly diminishing
In the debates on that measure
took pains 20 point out that II the
government took upon itself the duty
and responsibility of making rates. it
would of necessity have to determine
not only how much railroad should
be allowed 10 make. but also how
much ~ would be allowed to spend.
how much for operation. for extern
sions, for equipment and for every
other Item OF necessary expenditure.
all Of which II Is impossible for n
government 10 do successfully and
satisfactorily and that the result
would inevitably be that just NJ the
time when "a rapid increasing business
for the road was making IL necessary
for them to raise hundreds OF millions
annually for increasing their tracks,
cars and general facilities. we would
impair the confidence OF investors In
their stocks and bonds and thereby
not only make IL impossible for the
road TO sell the additional securities
necessary for such purposes, but lead
many of the holders Of them, both
at home and abroad, To dispose OF
what were already outstanding and In
that consequence the market would
be 50 largely oversupplled that their
values would shrink, dragging down
all kinds Of securities with them un-
IN panic and distrust would take
place OF confidence and prosperity.
While there should be efficient super
vision and regulation of Interstate
commerce, ana the carriers and cor
porations of every kind engaged
therein. Il viii become more and
more manifest as time passes and re-
suits are developed that this super
vision must be safe and conservative,
consistent with the constitution and
with sound common SENSE
In conclusion the senator adds:
when the national committee shall
have issued the call for the next ma
tiounl republican convention l shall.
ms heretofore announced. formally re-
uuest the state central committee o.
cmbodN iu rs cali Tor the next state
convention requirement that an
delegates to that convention shall be
chosen hy direct vote OF the republic
can electors of the state at duly au-
hurizcd primary elections. held In ac-
ordaure with the statutes applicable
hereto