The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1908-08-06
TAF!'S SPEECH
OF ACCEPTANCE
REPUBLICAN PRESIDENTIAL CAN
DIDATE MAKES KNOWN HIS PO-
LITICAL ATTITUDE.
ROOSEVELT'S POLICY IS HIS.
Candidate Endorses Tariff Revision, Cur
rency Reform and Publicity OF
Campaign Contributions.
FOR PHYSICAL RAIL VALUATION

CINCINNATI, O.. July IS. - Judge
William IL. Taft Republican candidate
for the presidency, in accepting the noml-
nation of that party today pledged him
self TO carry out the policies Of the Pres
ident. In an address which differed
much in type from that of the President,
but which carried deepest conviction he
declared the aim Of the next Republican
administration must be to perfect the
standards which had been set up by
Mr.. Roosevelt. His address contained
no sting,ug shafts or stirring epigrams
but was a direct, purpoSefuI and logical
discussion Of the problems incident to the
campaign.
The chief function Of the next admin.
iStration, in my Judgment he said, lis
distinct from, and a progressive develop
mcnt Of that which has been performed
by President Roosevelt. The chief iunc-
ton of the next administration Is 10
complete and perfect the machinery 10y
which these standards may be mann
tanned, by which the law breakers may
be promptly restrained and punished,
hut which shall operate with sufficient
Legitimate business as little as possible
Such machinery is not now adequate
Difference Between Platforms.
Mr.. Taft then reviewed in great detail
the work of President Roosevelt and
then entered into an argument compar-
ing the planks Of the Republican and
Democratic conventions adopted at their
recent conventions.
Mr. Taft characterized the national
control of interstate commerce 10y incpr-
puration as an intolerabIe burden on the
business interests of the country unless
properly classified He saw no good in
the Democratic idea Of preventing one
CORPORATION from owning more than 80
Der cent of stock in another. \ COrpOr-
atiOn controlling - or % per cent. could
work the same monup0lZing evils, he
declared as if il owned 20 per cent. He
characterized the Democratic proposal 10
sell products at = 'jyed price the country
over MS most impractical. Combinations
Of capital are Of advantage, he said, dis
Cussing the trust problem. ana when
they are legitimate and properly con
trollcd. benefit TO the people To de-
stroy them would bring national disaster.
Mr.. Taft claims that this is the Dem
OcrntIc programme.
lie indorscd the Republican idca Of
protective tariff, but declared for re
vision nj n special session of congress
Mr. Taft then took up th" labor qucs-
ton and after words Of praise for the
present administration for the enactment
Of liability law and an cight-hour law
for railroad employees came to the i'm
portant matter Of the abuse of power of
injunction,
"Our uosition is clear and unoGuvo.
cal" he said. eve are anxious to pre-
vent even m appearance of any injustice
to labor in the issuance of njunctionS
not in spirit Of tnyoritsm to one set
of our fellow citizens. but Of Justice to
MI of our fellow citizens. The reason
for exercising or refusing to exercise
the power of injunction must bc found
In the character Of the unlawful injury
and not in the character or class of the
persons who inhct this injury The man
who has u business which is being um-
lawfully injured is entitled 10 the RENE
dies which the law has always given
him. no matter who has inflicted the in
iurics Otherwise we shall have class
Legislation unjust in principle and likely
10 sap the foundations Of free govern
mout."