The evening times. [volume] (Grand Forks, N.D.) 1906-1914, 1908-10-07

oeeH attempted during the severe
strain which we felt year or so ago
In the financial world, the disasters
which were visited upon us would
have been greatly intensified. 1t is
obvious that there is right and q
wrong time for dealing with the SUBJ
1ect OF general revision. 1t has SEEM
ed to me for some time, and I SO ex-
pressed myself some mouths ago, that
the work of revision should be enter-
ed upon Immediately after the eusu-
Ing election In November to the end
that the period Of uncertainty nigh.
be abridged as much as possible and
that the resumption of Our normal in
dustrial activity might lie fastened.
The national convention, however.
fixed the date for congressional &C.
ton Immediately following the in
auguratiua Ut the new administration
SO that Wa are brought :aco to face
with the question-who snail ley,se.
the tariff? a-si how shall il lie re-
vised? These are important questions
having present and very practical
bearing on our Industrial and COM
mercial conditions. 1t Is quite ma
tural that there should be consider
able waiting in the business world
until these questions are answered or
until answers are given them by ac-
tual revision or until the answers
can be forecasted with reasonable
certainty. The Republican party
stands for revision along protective
lines. 1t stands for maximum and
minimum duties so as to enable our
government to protect our exports
against determinations by foreign
countries. The minimum duties shall
be adequately protective and the
maximum rates shall afford latitude
for negotiation and retaliation If need
be. The protective tariff and tariff
for revenue policies of the two par
ties are in accordance with their ira
ditional policies-policies which are
wide apart. We cannot be Indifferent
as to which we choose, for they can
not, differing as they do, produce the
same results. If the policy of one
party is right, the policy of the other
must be wrong. The electorate must
choose between the two"
On railroad regulation he said:
"The regulation of railroads is
easily one of the foremost questions
which engage our attention. The rail-
roads have grown to tremendous por-
tions. Competition which existed in
the early days of their development
and which 1t was believed would in
crease and continue, has been gradu-
ally reduced and the monopolistic
character of the service more and
more manifest. The favoritism which
increased until it became intolerable
made legislation necessary and very
comprehensive, drastic measures have
been enacted. We have struck down
evils as experience and thorough in
vestigation disclosed them to the end
that the railroads should serve all the
people with impartiality giving every
citizen the same treatment under like
circumstances and at reasonable cost.
The legislation which has been en-
acted has fully recognized the rights
of the railroads, their stockholders
and also the rights of the public"
OF combinations he said:
Combinations in violation of the
written law or in contravention OF
wholesome laws of trade which have
been Ill at ease during the adminis-
tration of President Roosevelt, will
have no reason to rejoice at the cleo
ton Of Judge Taft. II they are dis
posed to look upon the transfer of
executive power from the former to
the latter as affording an opportunity
to return to practices which have
been condemned by the law, and the
public conscience and made odious by
President Roosevelt, they are harbor-
Ing pure delusion."