The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-02-14
LUMBER DEALERS
LISTEN TO TAFT
Secretary in Detroit on PoIiti-
cal Mission Accompanied by
Ambassador From France.
LATTER ALSO MAKES NOISE
GOULD OF MASSACHUSETTS IN
THE PARTY.
LATTER ALSO MAKES NOISE

II DCtIolA, MiCu's req. lS.-SeCretary OF
War William Fl. Taft was the guest this
afternoon of the Michigan Retail Lumber
Dealers association and talked for half
an hour at the luncheon which was ten
dered him by the association upon THE
Moral Awakening Recently from Business
Methods Which Permit Illegality and
Fraud" The address was the culmina-
uon of busy six hours in Detroit.
Arriving in the city at Il o'clock from
Grand Rapids, in company with NJ JUS
serand, the French ambassador, Governor
curtis Guild. jr.. of Massachusetts. United
states Senator William Alden Smith of
michigan, Governor +. NJ. Warner and
several other speakers at last nights Lin
coin club in that city, Secretary Taft and
the party were driven To the Hotel Pom
chartrain. The secretary greeted several
thousand people at the public reception
which began Immediately on his arrival at
the hotel
Cheers and Enthusiasm.
Throughout his stay in the city the sec
Ietary.s every appearance on the street
was the signal for cheers and enthusi-
asm.
More than coo men were gathered about
the tables in the banquet room of HaT-
monte hall to greet Secretary Taft, who
arrived with several hundred more men
and women. its capacity, seated in the
gallery Former United States Senator
Thomas w. Palmer presided as toastmas-
! Governor Warner. while voicing the
states welcome to the secretary, brought
IA tremendous Outburst of enthusiasm
when he declared that he was convinced
that eighty or ninety per cent Of the peO-
pie OF Michigan are for Mr.. Taft's NOM
iinatlon Tor the presidency on the Repub
ican ticket. The governor then sug-
gested Governor Guild for the nomination
of vice president on the ticket with Sec
rotary Taft.
French Ambassadors Speech.
Ambassador Jusserand was given A
laundering welcome when he was pre-
scented by Toastmaster Palmer for a short
address. The ambassador after declar-
ing that because of his position ne nat
urally cannot NEEDLE in American poll
tics, eulogized the American presidents of
the past and present, and said that it was
his wish and hope that the country when
II elected another president would add
another glorious name to the already glor-
iouS list of names.
i do not know whom he shall be- said
Ambassador Jusserand, but it seems
that you know" applause interrupted
him for several moments.)
Taft's Reform Talk.
Secretary Taft spoke of the revelations
OF the insurance investigation and then
Of the evils of Overissue of stocks and
bonds which, he said. was obtaining mon
ey under false pretenses. Taking up the
question of railroad Determinations and
recent legislation TO prevent rebating, he
said:
lie lIutHl - EGLlltlLtll. IiidI We nave
not quite enough regulation of railways.
Other powers ought TO be conferred on the
4terstate commerce commission. 1t is
SSid that the interstate commerce commits
sion is not a safe way in which to control
the railroads. 1t is the only way in which
We can control them.
We must see that we have strong men
to sit on that commission, who can prove
BY their administration that it is the
proper way.
1t is that or government ownership.
=. h.. rnrH-
wolves and ! have no doubt that govern
ment ownership of the railways. with the
tremendous concentration of power it
would involve, would endanger the repub-
lie. We have enough concentrated power
i'm Washington. To increase il so that the
executive should control the enormous
body of civil servants which would nee
essariy follow would result in making
president more powerful than any king
who lives today.
New Laws Needed.
Il believe it is possible to enforce the
present antitrust law, but we need new
law more specific, to bring all capital
within its provision. ! think the viola
tion of the law is by no means so fash
ionable as il was formerly.
Now we are not going to have a bus
mess millennium. gentlemen, but we shall
have ouickened public conscience ana
an eve on whether we have business de-
moralzation or have business conducted
within the terms of the law. The people
have walked up
we have Just had a panic. Some of the
gentlemen who have felt the lash of pub
lie opinion have been only too glad to at
tribute il to the legislation to which !
have referred. The charge is GETOunded-
Ii is ont if students of finance are to be
trusted. to the gradual exhaustion of all
the free capital of the world in enterprises
which have not been so profitable as t
was expected they would be Now. we
must wait the whole world must walt,
until we earn more free capital.
There is no doubt but that European