The Washington herald., 1908-08-27

Hot Springs, Va. Aug z6.-3Ir. Taft
declined to-day TO comment on the state
ment made here BY United States Sen
ator Albert J. Hopkins. Of Illinois, that
the Republican party is not bound by the
personal views OF the candidate Sen
ator Hopkins was chairman Of the com
mirtee On resolutions Of The Chicago con
venIion. and that. in effect. was his re-
ply 20 q request FOR his opinion as 10
1I-. Tsfts action In Incorporating in his
speech of acceptance Two IDEAS that were
rejected BY The Republican national con
vsltion-
While Lr- Talt would not discuss this
matter. 1t can be said that he never re-
garded q candidates personal views as
binding on the party. but that he believes
ire people have e right 10 know his per
scnaI beliefs over and beyond the party
declarations Il is pointed out by Mr..
Tatts friends that the people not infre-
queatly have made a candidates per
s5naI views The chief basis of their sup
port OF opposition
Furthermore. attention IS called 10 the
fac- here that The rate bill. the pure food
bill. and The meat Inspection bill were
rot specifically approved by the Repu5-
Ican platform n ls1z Yet they repre-
sented Mr.. Roosevelts personal views
and were enacted into law Il is also
pointed out that the broad Endorsement
OF The Roosevelt policies by the Chicago
platform gives wide scope % the pa-ty's
pledges.
Discusses Guaranty
1I-. TAFT had this TO say today in re-
gard % the Bryan proposition Of gus-an-
rsei1g deposits II national banks
The fundamental objection 10 the pro
posed plan 10 guarantee deposits II IA
uo-zl banks IS that Il puts a premium
on reckless banking Relieved from re
sp5-szh15ty and the fear Of the 5eposirors.
tie tendency would be 70 induce exploi-a-
ton manipulation. and The use Of assets
o. banks il a speculative way Il would
promote speculation at the expense of
some Of the bankers. and ultimately
means ar the expense Of the dsposltors.
Any proposition as % the amount OF the
tax thzr should De assessed. figured or
the present Ea-e Of loss. Is on an e--
ro1eous basis, as the danger Of loss Of
deposits is increased vastly by the pro
posed system. so that the percentage ot
ire tax would have 20 be vastly IL
creased
-1Ir Bran did favor q guaranty. the
government TO raise the funds by tax
ing The banks, but the Democratic plat
which conpe-s al national banks %
- contribute 10 the insurance fund 10 meet
The defaults Of the spectators I an
told that such a law was in force IN
New York and that when panic came
The tax having been Improperly czIcu-
lated this result was that there was
not sufficient funds 10 pay the losses.
bur this 7 have only on the authority
Of a 7SeI-kn0wn writer on the subject"
A Taft Recruit.
Col. John NcAnerusy, well-kr0wn
Sew York Democrat and formerly an
ofzcer IN the Confederate army. came
out to-day for Taft Col lIcAne-ney
was q Democratic elector-at-large and
president Of the Electoral College OF
New Jersey IN lSsS- In 1892 the colonel
presided over a Big business mems meet
ing for Grover Cleveland in New York
city and four years ago he was an ardent
supporter OF Alton 3. Parker.
4 an Democrat but not Of The Bryan
variety" said the colonel Il believe
true. conservative. constitutional Demo
cratic principles VIII be coexisteu- with
the life Of the republic, that after people
grow weary Of the group OF demzgogues
nov in control OF the Democratic party
machinery the old party VIII again win
the confidence and support Of the con
se-vative people Of this country There
are many able Democrats throughout the
country. but they have no influence while
these agitators and demagogues are in
control
RooseveIt's Success.
President Roosevelt was right in in
terposing the strong arm OF the executive
power between the people and certain
corporations. But his success IN stopping
rebates and in compelling obedience 10
the laws has made Bryan and his stripe
Of demagogues enviols. and they are de-
rsTmined 70 Guido Roosevelt even If they
wreck every railroad and industrial con-
cern n the country.
4 believe" the colonel continued. that
the people knew Judge Taft TO be thor
Oughly equipped and experienced. and he
lupresses all who meet him with his
calm. deliberate truthful character
Represeutarve Sleup. Of Virginia and
National Committeeman a. H Martin Of
the same state. called on 8Ir. Taft TO-DAY
TO see about getting Republican speakers
from the national committee for the Viz
ginia canpaigc- NJ Taft referred them
10 Gen Du P0nt head Of the speakers
bureau. and they both left for New York