Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-11-30


cessor. and also declaring 1 am their
| choice as candidate for the presidency
I am Informed that there were ninety
eight members Of the committee out Of
total membership of los present in person
or by proxy, and that the resolutions were
saopted BY E. Unanimous sxesee spd with
The names and addresses Of those pres
ent, as published in the newspapers, Show
that all sections and counties of the
state were represented and that among
these representatives are many who have
for years been we'll known to the whole
state as prominent leaders Of the repuo-
| lican party.
I would not be insensible to such q
mark OF confidence and esteem II could
be. and could not be If I would.
But do not want to even appear to
be a candidate for 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 commit
tee have SO generously rendered.
Gratifed With Action.
Nevertheless. want to say that far
beyond anything personal to myself
am gratified by the action taken, because
| 1t is a/f1at rebuke to the suggestion that
the Office Of United States senator Is to
be stripped of all the real honor attached
agent to register the degrees Of somebody
else instead Of the representative of
| state charged with the constitutional duty
of legislating according to his best Judg-
ment for the welfare of great nation.
| accountable to his constituency for his
acts and votes, but to nobody else.
81 regard it of far greater Importance
| to uphold and protect the dignity and
usefulness Of the senatorial Office than
that any particular man should be chosen
to I'LL it
"As our fathers created it, the place
| Is one of the most important in the
| government, and any man might well
| feel highly honored to hold It, but II 1t Is
to be degraded into mere agency, no
| self-respecting man can desire to hold it.
IT not only stand for the broad principle
| involved. but also stand ready tot submit
| to my constituents, for their Judgment
| not only my action in the three instances
when / was unable to agree with the
| have made mistakes. but no speech or
| vote or other act will be found that was
| not in accordance with a conscientious
| Judgment, formed by the aid Of the best
| light at the time attainable.
my motion on the question Of joint
statehood and in the sBrownsyille matter
| your committees. have approved. as -
believe the great majority of~repablicans
do everywhere, -'----'-------~-
Vote on the Rate Bill.
There are doubtless yet many who
criticise my vote on the rate bill, but" If
the assurances with which my mail Is
filed. coming as they do from every SEQ.
| ton of the country. are not misleading,
| the number Of these critics Is rapidly
diminishing. s-.-,t - ~ .:E~:,.l -. :,
I'm the debates on that measure I took
pains to point out that If the govern
ment took upon Itself the duty and re-
r9 noE fpO rot
| Of necessity have to determine not only
| how much a railroad should be allowed
| to make, but also how much 1t should be
allowed to spend-how much for opera
ton. for extensions, for equipment and
for every other item of necessary expendi-
ture, ali Of which 1t Is tmpossibig for
government to do successfully and salts
! factorily. and that the result would In
| evitably be that just at the time when
! rapidly increasing business, for the roads
was making it, necessary, FOR them to
raise hundreds Of millions annually tor
| Increasing their tracks. cars and general
| facilities. we would impair the cohfi.
denee Of investors ~ their stocks and
possible for the roads to sell the addi-
| tional securities necessary for such pur-
! poses. but lead. many Of the: holders Of
them, both at home and abroad, to dis
and that in consequence the market would
| be SO large oversupplied that. their val
ues would shrink, dragging down alt Kinds
| of securities with them until panic and
disaster would take the place of coE.i-
dence and prosperity.
To say II told you so" Is always I'M
gracious. but 1t is, trust. permissible to
point out that from the day the rate bill
passed the trend has been in the direction
predicted. and, while other things have
contributed. that measure has full share
Of responsibility for the unhappy fnan-
cial and Industrial Conditions with which
we have been over ken.
While there should be efficient super
vision and regulation Of interstate COM
merce and the carriers and corporation
Of every kind engaged therein. 1t will be-
come more and more manifest as time
lpesses and results are developed that this