The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-11-30
FORAKER ENTERS.
Ohio Senator Announces His
Candidacy for President.
Gives Up Fight for Reelection
to the Senate.
BATTLE WITH. TAFT
For Support of the Delegation
From Ohio.

Wants Question Decided by a
State Primary.
Washington. Nov. Ex-senator ]. B.
Foraker has made it clearly known
that he will contest the Ohio delegation
with Mr.. Taft. This decision Is con-
tanned in a letter to Conrad j. Mattern,
vice president of the Ohio Republican
league who forwarded to Mr.. Foraker
| a copy of the resolutions adopted by
the advisory and executive committee
of the league endorsing Mr.. Foraker for
the senatorship and for the presidential
nomination He defends his course in
relation to the passage of the railroad
rate bin and insists that the necessity
OF the railroads of the country to
spend millions of dollars annually in
increasing their facilities makes this
bad time to hamper the roads in any
unnecessary way by legislation.
Senator Foraker says he is gratifled
by the endorsement OF the committee
at this time because it Is a fiat rebuke
to the suggestion that the office of
United States senator is to be stripped
making its incumbent a mere agent to
register the DEGREES of somebody else.
In the course of his letter Senator
Foraker says:
ct don't 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 ap-
probation accept the support for the
presidential candidacy which the COM
mittee have so generously rendered"
Continuing, the letter says:
II not only stand for the broad prin-
ciples involved but also stand ready to
submit to my constituents for their
judgment not only my action in three
instances when 7 was unable to agree
with the president but my entirerecord.
I may have made mistakes, but no
speech or vote or other act will be
found that was not in accordance with
conscientious judgment formed by
the aid of the best light at the time
attainable.
Defends His Vote.
There are doubtless yet many who
criticise my vote ON the rate bill but
IL the assurances with which my mall
is filled, coming as they do from every
section of the country, are not mislead-
ing, the number of these critics is zap
idly diminishing.
I'm the debates on that measure I
took pains to point out that If the gov
eminent took upon itself the duty and
responsibility of making rates, 1t would
of necessity have to determine not only
how much a railroad should be allowed
to make. but also how much 1t would
be allowed to spend-how much for
operation. for extensions. for equipment
and for every other item of necessary
expense all of which 1t is impossible for
satisfactorily and that the result would
inevitably be that just at the time
when a rapidly increasing business Of
the road was making 1t necessary for
them to raise hundreds of millions an /
nually for increasing their tracks, cars
and general facilities, we would impair |
the confidence of investors in their |
stocks and bonds and thereby not only |
- III ~
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 |
and that in consequence |
the market would be so largely over |
supplied that their values would shrink |
dragging down all kinds of securities |
with them until panic and disaster |
would take the place of confidence and |
See What Happened.
ITO say I told you so is always |
but 1t is I trust, permits |
sible to point out from the day the |
rate bill passed the trend has been in |
the direction predicted, and while 9TH
er things have contributed, that meas
ure has a full share of responsibility
for the unhappy financial and indus
trial conditions with which we have
been oyertaken.
'while there should be efficient sup
ervision and regulation of interstate
commerce, and the carriers and corpor-
atoms Of every kind engaged therein, it |
will become more and more manifest as
time passes and results are developed
that this supervision must be safe and
servative-consistent with the con-
stitution and with sound common
sense.
1.-THE moral standing of the business
men of this country has always been
high. It was never as high as it is
now. There is consequently less occa-
sion than ever before to restrict COM
nercial freedom by statutory demands
Of management and surveillance that
are apparently framed on the theory
that all men are criminals. Such legis-
alton hampers enterprises, retards bus
ness activity and discredits the whole
nation"
In conclusion the senator adds:
when the national committee shall
nave issued the call for the next ma
ional Republican convention shall, as
announced formally request
he state central committee to embody
n it's call for the next state convention
, requirement that all delegates to that
shall be chosen by direct
,ote of the Republican electors of the
state at duly authorized primary cleo
ions held in accordance with the stat
ties applicable thereto"
Minor Washington Items.
Washington, Nov. 30.-Congressman
Madison Of Kansas has recommended
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