The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1908-01-11
TAFT At NEW YORK
Talks to Labor at Cooper
Institute.
OPENS WITH ROOSEVELT STORY
Capital Should Be Fairly Treated.
Says Secretary of War.
UNIONS ARE NOW A NECESSITY.
OPENS WITH ROOSEVELT STORY
UNIONS ARE NOW A NECESSITY.

Big Cabinet Omcer, Now Recognized
Candidate For Presidential Nomi-
nation, Faces Metropolitan Audi
ence For First Time since He Has
Declared Himself Ready Fer Race
to the White House - Submits to
Rapid Fire of Questions, which
Are Answered In Good HUNDRED
Manner ~ Mr.. Taft-lntroduced a.
Secretary Of Navy In Error-Cheered
as Our Next President.
NEW YORK, Jan. 1l.--For the first
time since he became recognized
candidate for the Republican presiden-
tlal nomination Secretary of War Will
liam Fl. Taft last night faced a New
York audience. set forth in detail his
stand on the pertinent question of the
relative interests and rights of labor
and capital and In turn submitted to a
rapid fire attack from the audience,
which quizXed him keenly and in
somewhat controversial spirit accord
ing to the practice of the Peoples in
stitute. whose guest he was.
The secretary proved equally effect
i've in attack and defense and his
prompt and forcibls replies and occa-
sional witty sallies evoked the same
demonstratve approval as greeted the
salient points of his address proper.
AS the not to be mistaken form Of
! the secretary Of war made it's way
through the throng a shout of Three
cheers for the next PRESIDENT was the
signal for a noisy ovation that contin-
ued until Mr.. Taft bowed his acknowl-
| edgments from the platform.
When Charles Sprague Smith, who
presided, suggested that three cheers
be given for the speaker, they were
shouted In powerful unison. and the
demonstration continued for three or
| four minutes. incidentally the chair
man, in introducing him, gave the sec
rotary an opportunity by which he
was quick to profit to put himself at
ease with bis audience. After refer
I ring In most complimentary terms to
his record as cabinet officer and the
good influence exerted by his trip
! abroad, Mr. Smith said that he was
| proud TO introduce "thc secretary OF
| the navy" When the laughter. begun
| by the secretary himself and Joined in
| by the audience. had died away Mr..
| Taft said playfully that he wished 1t
understood that he was the head of
what he at least considered the more
important department. He was re-
minded, he added, Of story told him
| by the president Mr. Roosevelt once
attended public meeting in the west
Mt which the chairman spoke most
nstteringly of the speaker he present
ed This chairman said, 81 take pleas
ure in introducing to you man known
from California to Maine, from Can
ada to Mexico, who has known what
1t is to be on the firing liAe-who has
snellsd gunpowder-the Hon. Mr."
Here the chairman hesitated, embar-
raised for 4 moment: then turning to
the guest Of the evening asked, What
Is your name. pleasey
Secretary Taft said:
II an going to ask your attention to
the subject Of laber and capital their
common interest, their necessary coz
troversies their lawful acts ana the
legal remedies for their abuses.
Looking back to,a time when soci-
ETY. was much rudsF and simpler, We
can trace the development Of certain
Institutions that have come 70 be the
basis Of modern civilization. We can
hardly conceive the right Of personal
liberty without private property BE-
cause involved In personal liberty 10
the priacipls that one shall enjoy what
his labsr produces. Property and capt.
tai were Arst accumulated in imple-
nsnts. in arms and personal belong
ings, the value Of which depended al
most wholly on the labor In their max
ing. As mans industry and self re-
straint grew he produced by his labor
net only enough for his Immediate NO
cessitiss, but also 4 surplus, which he
saved to be used In aid Of future Ia
Dor. BY this means the amount which
each mans labor would produce was
thereafter Increased. There followed
at length the corollary that he whose
savings from his own labor had In.
creased the product Of another's labor
was entitled to enjoy share in the
joint result, and in the fixing Of these
shares was the first agreement be-
tween labor and capital. The certainty
that a man could eniov as his own