The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1907-08-20


Bryans language 10 more than mere
rhetoric and he means to seize the
property, 20 divide II up and sell II in
pieces and dlsassemble the parts. then
! am not In favor Of his method OF
dealing with trusts, because I believe
that such large combinations legiti-
mately conducted greatly add TO the
prosperity OF the country. The attitude
Of the government toward combina'
lions OF capital for the reduction IN the
cost OF production should be exactly
the same as toward the combinations
OF labor for the purpose Of lettering
the conditions OF the wage worker and
OF increasing his share OF the joint
profit OF capital and labor. They are
both 10 be encouraged In every way as
long as they conduct themselves with.
In the law. They both WELD enormous
power and II welded for good can be
OF inestimable benefit. Their power
for evil whom In the control Of unscru.
pulous men IL such that n II IL TO be
restrained IL needs the use Of all the
means which the executive and the
courts can lawfully command. I think
II entirely possible by the rigorous
prosecutions OF the law against illegal
combinations and by the equal and
Just operation OF railways 10 prevent a
recurrence OF what we have had In
the past and 20 restrain within the
bounds Of Legitimate and useful bust.
ness all those great corporations"
Regarding swollen fortunes" Sec.
rotary Taft approved President Rooss.
yelts scheme OF a graduated inherit.
anoe tax and a graduated income tax.
but would not have the latter imposed
until the need Of more national rev.
enue demands II.
Secretary Taft replied to the charge
that President Roosevelt Il responsible
for the attack by southern states upon
the railroads by saying that the rail.
roads themselves have caused the agl.
tatlon against them by their fragrant
violations % law. lie also declared
that the president Was IN no way re-
sponslble FOR the slump in stocks In
Wall street. ascribing the money strin-
gency here and abroad and other
things ~ the causes.
Secretary Taft compared at length
the platforms Of Mr. Bryan and Mr.
Roosevelt lie characterized Mr..
Bryah's purposes As impossible and
based on distrust Of the peoples abil.
ity 10 govern themselves. As %
Mr. Roosevelt. he said.
"Mr Roosevelt believes In the neces.
sity for n strong government that can
and will make both rich aud poor obey
the law. and he would have the OH.
GERS charged with IT, maintenance
render due account Of their steward.
ship 20 their masters. the people. Mr.
Roosevelt knows NO fHvorite IN mat.
tiers Of lawlessness. be he rich or poor.
corporation president or member OF a
labor union"
on the tarifr Secretary Taft said:
The present business system Of the
country rests on the protective tariff.
and any attempt 10 change Il 20 a free
trade basis VIII certainly lead only 20
disaster.
IT Is the duty Of the Republican par.
", however. 90 see 10 Il that the taria
on Imported articles does not exceed
substantially the reasonably perma
uent dincrcntlal between the cost Of
production In the foreign countries aud
that ia the United States. aud there
81 49, - 81 -. a.
conditions % production likely 10 pro
duce n very large reduction In the cost
u production Ia the United States II Ia
time that schedules be resxamined
aud u excessive that they be reduced
- ~ 10 bring them within the justin
amount % tRriH 10 BE- imposed under
the protective system h properly deter
mined.
Whenever the tarin imposed II
largely In excess " the diffensntial b.
tween the cost % production In the two
countries thea there 4 formed AZ once
a great temptation 20 monopollze the
business u producing the particular
product and 90 take advantage Of profit
In the excessive iarin. This denies 20
the people altogether the economies Of
production that competition under
protective tarii should develop.
II had occasion IN n speech which
delivered at Bath. Ne. now about a
year ago 20 express my Individual opin.
ion as In favor Of an immediate revi.
sion OF the tariff. but I there pointed
out and only refer 10 II TO repeat Il
and emphasize H. that the revision OF
q tarin involves No many different A.
tsrcsts the country over a. that Il
could not 10 undertaken successfully
by the Republican party and therefore
ought not 10 be undertaken at all until
the party ne n whole Ia In favor Of II.
! voniured Ca express the opinion that
the sentiment In favor Of a revision IN
the Republican party was erystalliz.ng
To such point that IN a short time We
might expect 90 have action upon the
subject What has happened IN the
last year has only served 10 CONFIRM
the view then expressed. and Il now
seems 10 me that ewes meet OF the ex
tremlsts In the matter VI the tarif are
Of opInlon that II would be not only
unwiss. but unsafe for the party 90
fail In its next national platform 60
pledge itself 10 a revision Of the tarinl
~ soon after the nsEt presidential
election M possible"
Finally the secretary said:
Il cannot close without comment on
the position or advantage fer the CEN.
ing national campaign which President
Roosevelt by the Intense earnestAess,