The Yale expositor., 1908-07-31

dent of the United States, struck cam
paign keynotes of many tones when he
formally accepted the presidential nom
ination and replied to Senator Warner.
This city was in gala attire and took
a holiday upon Tafts arrival in town.
Guns doomed, fireworks cracked every
where, and in general the scene was that
of welcoming home the conquering nero
The feature of the entire celebrauon,
however was the notification which took
place during lull in the activities or the
citizens. The occasion was an suspicious
one.
When Senator Warner had finished his
address, Mr.. Taft arose from his chair
at the speakers table and addressed the
assembled members of the notihcatlon
committee. He spoke of curbing the
trusts, without depressing good corpora
tions. He declared that the rates of the
railroads of this country were reason
ably low Moderation was his whole
theme and he proposed to restore con-
fidence.
But the big feature of the speech was
his declaration for Rooseveltian policies,
which he said he would follow out TO the
letter. the foundations having been LAID
in them for rightful administration. He
took few shots at the Democratic plat
form, also.
"Senator Warner and Gentlemen OF the
II am deeply sensible of the honor
which the Republican national conven-
ton has conferred on me in the nominal
ton which you formally tender i accept
II with full appreciation of the RESPONSE
Strength in Roosevelt Policies.
Gentlemen, the strength of the Repub-
ncan cause in the campaign at hand Is In
the fact that we represent policies essen
tal to the reform of known abuses to the
continuance Of liberty and true prosper
ity. and that we are determined as our
platform unequivocally declares, TO main
tain them and carry them on. For more
through an epoch of material develop
ment far beyond any that ever occurred
in the world before. In its course, GER
tain evils crept in. Some prominent and
influential members of the community
spurred by financial success and in their
hurry for greater wealth, became un-
mindful of the common rules of business
honesty and fidelity. and of the limita-
lions imposed by law upon their action.
This became known. Inc Tre,veil ali,nns
Of the breaches OF trust, the disclosures
as to rebates and discrimination by rail-
ways, the accommodating evidence OF the
violation of the antitrust law by num-
Der of corporations, the over-issue of
stocks and bonds on interstate railways
for the unlawful enriching of directors
and for the purpose of concentrating con-
troll of railways in one management
all quckened the conscience OF the peo-
pie, and brought on moral awakening
among them that BODIED well for the fu-
ture of the country.
What Roosevelt Has Done.
''The man who formulated the express
sion of the popular conscience and who
led the movement for practical reform
the doctrine that the rich violators of the
law should be amenable to restrain and
punish as the offender without wealth,
and without influence. and he proceeded
by recommending legislation and direct
ing executive action to make that prin-
ciple good in actual performance. He
secured the passage of the So-called rate
bill. designed more effectively to restrain
excessive and fix reasonable rates. and
10 punish secret rebates and discrimina-
ton which have been general in the prac-
tice of the railroads, and which had done
much to enable unlawful trusts TO drive
out Of business their competitors. 1t Sc
cured much closer observation of rail-
way transactions and brought within
the operation of the same statute express
freight and refrigerator lines terminal
railroads and pipe lines, and forbade in
future the combination of the transpor-
tation and shipping business under one
control in order TO avoid undue discrim-
nation
president Roosevelt directed suits to be
brought and prosecutions to be instituted
under the antitrust law. to enforce its
provisions against the most powerful Of
the industrial corporations. He pressed
10 passage the pure food law, and the
meat inspection law in the interest OF
the health of the public, clean business
methods and great ultimate benefit to the
trades themselves. He recommended the
passage OF a law. which the Republican
convention has since specifically APP
Stocks t%gS and e bonds by interstate 'U rail- IL
ways, TO such as may be authorized by
federal authority.
Function of Next Administration.
1.-THE chief function of the next adj
ministration In my Judgment is distinct
from and a progressive development
which has been performed by President
Roosevelt.
The chief function of the next admin
istration is to complete and perfect the
machinery by which these standards may
he maintained by which the law breakers
may be promptly restrained and pun
ished. but which shall operate with suf-
ficient accuracy and dispatch to interfere
with legitimate business as little as pos
sible. Such machinery is not now ade-
quate. Under the present rate bill, and
under all its amendments, the burden OF
the interstate commerce commission In
supervising and regulating the operation
Of the railroads OF this country has
grown so heavy that II is utterly impos-
sible for that tribunal to hear and dis
pose. in any reasonable time. of the many
complaints, queries and issues that are
brought before II for decision. 1t ought
executive. directing body, and its func-
tions should be limited to the quasi-ju-
dicial investigation of complaints by in
dividuals. and by department of the
government charged with the executive
business of supervising the operation OF
railways
Constructive Work Detailed.
THE field covered by the Industrial
combinations and by the railroads is 50
very extensive that the interests OF tbs
public and the interests OF the businesses
except by reorganization OF bureaus n
the department OF commerce and labor
OF agriculture, and the department of jus
tice and a change in the jurisdiction OF
the interstate commerce commission. II
does not assist matters to prescribe new
duties for the interstate commerce com
mission which a is practically impossible,
for II TO perform. or TO denounce new Of
lenses with drastic punishment. unles,
subordinate an auxiliary legislation
shall be passed. making possible thu
quick enforcement in the great variety o
cases which are constantly arising o
the principles laid down by Mr. Roose
welt and with respect TO which only typ
cal instances Of prosecution with IN,
present machinery are possible. Sucl
promote legitimate brsiness by enablin,
those anxious 20 obey the federal stat
utes 20 know just what are the bond
OF their lawful action The practical con
etructive and difficult work. therefore O
those who follow Mr. Roosevelt, is TO de