The Washington herald., 1908-06-07

President Roosevelt Is "dee-lighted"
over the pre-conventlon victory won by
the managers Of his candidate for the
Presidency.
He expressed his qualification 10 sew
eral Of his callers yesterday at the same
time commenting on what he believed to
be the business OF the decisions thus far
rendered by the national committee in
accepting the credentials of delegates
whose seats had been contested by "the
allies"
The President regards Taft now as
good as nominated, and takes absolutely
no stock In the reports that there will
be an attempt TO stampede the conven-
ton for himself This might occur. as
he remarked to one Of his friends yes
terday. after the first ballot, should Taft
fall Of nomination. But that chance was
very remote, indeed. he said. as Taft
Tas practically sure of winning on the
first roll call. He would not be at all
surprised if the nomination should be
made unanimous
Bourne stu Optimistic.
Among the Presidents callers was
fidence that the President will be the
choice Of the convention for a second
elective term"
The Presidents announcement Friday
that he had definitely decided 20 take a
long hunting trip in South Africa next
spring is intended TO be accepted as con-
elusive evidence that he would decline
a denomination, even II the convention
should try 10 force It upon him. II
has not wholly taken" however.
The President. Secretary Taft, and Sem
ator Burkett, Of Nebraska, had an hours
conference yesterday during which the
general political situation was pretty
thoroughly canvassed.
Working on Platform.
II is safe 20 say that by next Tues
DAY the principal paragraphs OF the Re
publican platform viii have been whipped
into shape. and will be ready FOR trans
initial 70 the convention city. Mr.. Taft
IS having a large part in their prepara-
ton. with the Presidents advice In ad-
dillon 20 the declaration OF loyalty 10 the
policies Of President Roosevelt, the plat
form will contain some vigorous language
upon number or other important sub
Jects. Tariff revision will be championed.
and the party will pledge itself to bring
about a Encouragement OF the schedules
Immediately after the close Of President
Roosveit's term next March. this with the
emphatic understanding that the country
REFLECTS a Republican House Of Repre-
sentatives.
Tariff Issue as Club.
This announcement viii be made with
considerable emphasis, for on the face OF
the proposition Il may be seen that no
revision could be brought about by a
Senate and House divided on the great
issues involved. Therefore the voters Of
a. country will be informed that If they
want q change in the present tariff laws
they had better see to II that the Republi-
cans remain in power in 1903 The Re
publican leaders viii not hold out hope
for tariff revision on any other terms.
When II IS considered that Senator
Aldrich and some OF the other influential
Eastern Senators are not likely 10 be
satisfied with any radical revision. and
may be expected TO place some obstacles
I'm its path, one can see how little would
be the chance Of It's success during a
short session. one or two determined
men. with the Senate rules operating as
they do at present, could hold up the
bill for weeks.
Would Supervise stock Issues.
Another radical plank that may be
found when the platform leaves the
hands OF its makers viii be a declaration
upon the subject Of railroad bonds. A
law will be advocated. Il is said pro-
viding for the government supervision Of
all new issues OF railroad stock The
investors OF the country have right to
know the value OF the railroad shares in
which they place their money.
This right is as much the vendors as
the buyers, because railroads are quasi
public properties. and their issues Of
stock are so numerous that they have
come to be looked upon by the people in
much the same light as government Sc
curities.
a paragraph declaring for such a law
will. 70 is believed by the President and
Secretary Taft. add strength to the plat
form, and in the light OF recent exposure
of the world Of finance, lend confidence 20
business.