New-York tribune., 1908-10-29

tered He has given the American people the
impression of being bigger than any 9oo lIIat ne
has been assigned to tackle. He has been placed
in the most ticklish situations, calling 1or IacI
and sagacity. and he has always beeh aoie 10 70
confronted him When he stands his past
record he is not an apostle OF hlrnders;; ne @ nas
not made one contribution TO the p0iltlSdI sun 4
OF exploded faacies. (Applause). he ooeS ~.
have to rely upon the shortness or memory oI
the American people. and the reliance for the
security of our institutions is the fact that they
have Judged wisely as YOU can depend upon the
wisdom of their choices in this great natlonal
crisis.
ENJOYS TALKING FOR TAFT.
He has IN every department Of work shown
not only sympathy with all that pertains 10 1Ie
welfare of the people, not only high mlndedness
end sincerity but intelligence and capacity for
effective work. He has the learning oI M
past, and his face is set toward the future. we
can be confident that we shall go forward sane
ideals of free society with him on; now
enjoy having talked for ddat ta man aTtfre country
for him and commend to you most hearIhy
the candidacy Of William H. Taft.
wish | might be here with you and "elcoile
him when he comes little later. But now 1or
q few moments want TO talk over with you q
few issues of the state campaign. -. .,,..
It has been my ambition as Governor OF tIiS .iS
state 10 DO all in my power to improve tne
efficiency of the conduct of this state business
TO secure in all our departmental WoIk an IN. 80
bition cf the highest fidelity and the greatest
capacity obtainable. 49,;
| understand there are some here IN this
gathering who were at the birth of the Repuol-
San nsrty and voted for the first candidate or
that party I understand that there are others
here who sacrificed their comfort end oIeIeu
their lives in order that our national uIllty
,oie-,+ he maintained We must ever be true 10
our inspira tions. true to the ideals ana owner
ship of the inspiration OF the examples ot t,1oSe
founders Of the Republic and those nlalil'aIilel9 @
Of the national strength if we would achleFe our
proper destiny But, my friends. the same nag
tbat Aoats over the army the field of battle
T-TaC
external floats over the Capitol at Albany, Where
sit the servants of the people. and we want the
same patriotic discharge Of duty there as when
We have a contest on the field OF battle. CAP
plause)
We desire not simply a return in work for
money received by the state, we desire due
a-7rreciat tion of the honor Of serving the people
of the state, and sense Of obllgauon on the
part Of all our public servants. to make sacri-
fees if necessary. TO secure the highest ell
cheney in state administration
We have been desrous in all matters Of legis-
their merits. We desire men to stand in the
Legislature loyal to their party, standing upon
the platform upon which they nave oeen CHOSEN;
accountable TO their constituents, decldlng al
measures for the public according to their merits
and their sound conviction.
We have had q number of controversies dur
ing the last two years but in none Of them have
I sought to win the success of any measure IN
which I interested by trading the eXecu-
tive signature for votes. (Applause)
RIGHT THINGS IN RIGHT WAY.
We want right things done, but want ell
things done in right way. (Cries Of "GoodHD
power to show that We can provide adequate
machinery for the correction Of evey evil IN an
intelligent manner. I nave no sympathy with
those who would endeaVer TO MAINTAIN or create
disorder or turmoil capitalize, 10 discomfort
for political advantage. We must conserve the
PROSPERITY Of the country. That prosperity does
not simply depend upon the fertility Of soil or
riches of mines. or even upon the wonderful in
telligence of our people for invention and indus
try That prosperity depends upon business con-
fdence and business ability, and the first requl-
site ot all legislation that bears the name Of re-
form is do nothing that in an ill-advised way
will interfere with honorable enterprise.
Everything has been done first to make clear
the avenues for honest purpose, not TO put any
obstacle in the way Of legitimate private under
takings and on the other hand to secure the
firm enforcement of all public rights and dis
charge Of all public duties. How are these ends
to be obtained? They are to be attained by
study Of the facts. by investigation before ac-
ton. by care in connection with legislative
measures and in all things by resisting the ap-
peals of passion or the demands Of extremists
and by insisting following the lines of reason
in all public matters That has been the policy
Of the administration.
Let me give you an illustration. Last fall,
YOU may remember, we had financial disturb
anCe. There were revealed certain practices in
the banking world which suggested the advisa-
bility Of Improvement in our laws. Let me say
there parentheticaly that the record of our
Banking Department and OF the banks and trust
companies Of the state is an extraordinary one
and one gratifying to all our people. If we go
! back nearly four years 70 January l. 1905, We
! fnd that the total deposits in our national and
state institutions, banking institutions, in our
savings banks and trust companies then amount
| ed to $4,411000. 600. II had had a ! per cent
tax on that in order to establish a compulsory
guarantee fund through the operation Of plan
! which would burden the innocent with the losses
occasioned by the improvident and reckless we
would have had amount Of $4,000 600.
Last fall there failed ten banks and trust COM
panies, with aggregate deposits of 500. 900, 900.
II we had had such a fund call, with the
great loss cf interest which that would have in
Volved II would not have paid one-half of our
deposits in state institutions that then sus-
pended payment But the entire loss to deposit
ors. including ali the cases of banks that sus-
pended in that financial disturbance, from jan
uary l, 1905, to the present time, is less than
$1,000 Put while are gratihed with that
exhibit We're determined that nothing should
be left undone TO safeguard the depostors Of
the state and TO secure the most effective sys-
tenn Of state supervision of banks and trust
companies that was obtainabe.
ADVICE OF BANKERS
Now. I did not desire to aggravate the dis
order or the disturbance / was very anxious
tional manner. / anxious that when the
Legislature met It should have before it ali
necessary facts that would enable it to deal
wisely and 20 pass such remedial measures as
providence asd good Judgment might suggest.
So / called upon six eminent bankers of This
community, men of the highest standing men
Of the highest prObity and widest experience.
and asked them to give us the benefit of their
cooperation They made very valuable re-
port also called and had the good fortune 70
secure in the position of Superintendent OF
Banks man of superior qualifications, Of very
broad experience and Of highest character He
made certain recommendations. The result was
that We succeeded in having a series of meas
ted Ia