The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1907-04-04
TEDDY STANDS PAT
Reiterates His Views Anent
Railroad Situation.
ATTITUDE is UNCHANGED
In Declining Invitation to Make Pub
lie Speech on the Question, He
Rsfers to Previous Acts ard
Statements.

President Roosevelt has decided not
to accent the invitation OF the ILL
uois Manufacturers Association to de-
liver a speech at Springfield, ILL.,, on
the railroad situation. He addressed
letter Monday to c. H. Smith, pres:
ident Of the association, stating that
it would be impossible for him 10
accept their invitation because he did
not feel that he had anything to say
at this time in a special address on
this special subject.
The president has received great
number of requests for statement
from him or a manuscript by him
concerning the railroad situation. He
has given these requests the utmost
weight and most careful considera-
ton. After fully looking into the
matter, the president informed his
| advisers that he had come to the con-
| c,usion that there was nothing now
which he had to say at the comment
| concerning the railroad situation;
that he did not deem it either wise
CT proper to say anything with view
to any immediate situation III wan
street. and that as he should only
give expression TO the definite and
settled policy to be carried out wholly
without regard to the eXlgencles OF
the moment and as his views on the
policy in question were already
matter of record, it did not seem nee
essary at this time to repeat them.
TO the different men, friendly and
unfriendly, who have visited him or
written him, he has answered verbal
" or in writing that his words and
acts spoke for themselves and needed
70 exclamation whatever and that he
should not in his future course de-
viate one hairs breadth from the
course he has pursued in the past
and is now pursuing.
It was pointed out in administra'
tive circles that the president mas
made no reference in speeches or,
messages to the question OF the phys-
icaI valuation of the railroads. His
nosition on this question, it was said,
is that the roads themselves will work
ont this problem as an item OF booE'
Eeeping and reference was made 10
the fact that two railroads, the Nortn
ern Pacific and the Great Northern
already have submitted figures as TO
their physical valuation.
It can be stated on authority tnat
tbe president will ask congress at its
next session for power to deal WIN
the question of overcapitallzatlon Oh
railroads. A similar request was made
At the last session, but favorable ac'
ton was not taken upon it.
In his letter to Mr.. Smith, the pres
;dent inclosed copies of the "speech
he made at Raleigh, n. c., October IT,
1865. and the one he delivered before
a delegation of railway employees IN
Washington. on November IA, 1905, TO-
geth6r WIN MS ldSI .uesoooSS w ~
gress at the beginning OF the hrst ana
second sessions of the last congress-
The president concludes his letter 10
Smith as follows:
"You will see in the two speeches
and the two messages that l nave
said about all that I would say II
smoke now. AS l said TO your BODY
the other day, / have already e2'
rressed again and again my carefull'
thought out beliefs. l am more firmly
than ever convinced that these Delels
are wise, and that the policy l rec
commended. in my messages at the
opening of each of the last regular
sc essions of congress must be carried
ont, Just at the moment l do not sea
that / have much to add to what
have already said, and I think tnal
what has occurred since l wrote the
two messages in question merely IL
Illustrates; in striking fashion the de-
STABILITY of the course l therein out
lined"