The Montgomery advertiser., 1908-09-17
MIR. BRYAN
 ANALYZES
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tcontinued from Page One) permitted in Oklahoma. There the banking board fxes the maximum rate of interest which can be paid on de- posits and four per cent. on deposits running more than six months.
 This completely answers the most plausible argument that has been made against the guaranty system.
 No Persecution of Trusts.
 The third scare presented by MT. Taft is in the discussion of the trust question. He says that MT. Roose. welt would compel the trusts to com duct their business in a lawful man ner and secure the benefits of their operation and the maintenance of the prosperity of the country of which they are an important part; while NIT. Bryan would extirpate and destroy the entire business In order to stamp out the evils which they have practiced
 In using this emphatic language MT. Taft has rendered us a service be- cause he admits that the Republican party does not intend to prevent trusts. It only proposes to regulate them and if We can judge the future by the past, that regulation will not his strenuosity, has not succeeded in imprisoning a single trust rlaasnate how can the complacent MT. Taft hope to accomplish anything in the way of regulation?
 The Democratic plan Is to bring manufacturing and trading corpora tions under the surveillance of the general government, when they reach point where their control of busi- ness becomes menace. The limit is fixed arbitrarily at 25 per cent, and it Is needless to say that this limit is so high that an insignificant fraction of corporations would be brought under the operation of the law, but those brought under the operation of the law would be tn C very ones which have been exploiting the country and evad- ing the officers of the law.
 This plan, instead of disturbing business. would protect a multitude of legitimate corporations which are now in constant fear of being bank rupted by the interruptions methods of the monopolistic corporations.
 The fourth scare which Mir. Taft presents is excited by the Democratic declarations on the tariff question. Speaking of our platform pledge to make such radical reductions as may be necessary to restore the tariff to a revenue basis. he declares in his noti- ffcatton speech that The introduction into power of a party with this avow- ed purpose cannot but halt the grad ual recovery from our recent financial depression and produce business dis aster. compared with which our re- cent panic and depression will seem very small
 Surely Mir Taft can not contemplate any material reduction of the tariff if he really believes that a gradual re- turn to a revenue basis would involve us in any business disaster. compared with which our recent panic and de- pression will seem small indeed
 TnriR Zeal Lessened.
 MT. Taft began his candidacy year ago as champion of tariff re- form, but each month has witnessed lessening of his zeal, until now his temperature, measured by the tariff re- form thermometer, is close to zero. His platform begins with what at first glance might seem a pledge that sone- thing would be done. It says, The Republican party declares unequivo- cally for a revision of the tarin by special session of Congress immediate ly following the inauguration of the next President
 "The word reduction does not ap- pear in the platform It is revision not reduction and MT. Taft has al. ready interpreted the word revision to mean the raising of some of the schedules and the lowering of others. but with no indication as to whether the average will be above or below the present.
 Not only does the pla tform avoid any promise of reduction. but 1t pro- poses for the guidance Of the legisla. tors the same rule upon which the present tariff was framed. except that the new rule announces the guaranty of a reasonable profit to American in. dustries.
 "The Government does not presume to guarantee a profit to farmers. to laborers. to merchants or to profess sional men. Only to the manufactur- CTS Is a profit to be guaranteed, and as the beneficiaries of protection are allowed to determine what Is a req. sonable' profit. we may expect the tariff rates to be increased rather than to be lowered in case of Republican success.
 What Is there in the Democratic platform that can be construed as a threat to any legitimate business?