The morning journal-courier., 1908-07-29
MIR. TAFT's LETTER.

Mir Taft met yesterday the surprls- ing information that he had been nom- mated by the Republican party for President of the United states with remarkable boise. One almost con cludes that among his intimate Cincin- natl friends someone became bold and confidential enough to warn him in ad- vance there he would be expected to say something in reply. We gather this from the newspaper accounts of the gathering on his brothers front porch and the speech, or letter of acceptance which he delivered with easy grace and fiuency of language.
 Mir Tafts letter Is an exceedingly in- teresting, suggestive and convincing document. It Is Taft document. one will search in vain through It's many columns for hint that the pen of President Roosevelt modified or ex- banded any of its utterances. It pos sesses double characteristic. It is, on the one hand. presentation of the views and convictions of its author, and, on tho other hand. 1t Is an able ironing out of the policies of President Roosevelt From the moment he be- gins to consider and.anayze the moral awakening which has overtaken the country and the entire civilized world the reader is more and more convinced that here is man who not only sees things in their proper relation but un- derstands the art of properly marsh alling. them for an effective purpose In order to move men rather than fright en them. To President Roosevelt he generously gives the credit in chief of having initiated movement which has had widespread consequences in rais- ing the tone of politics and business. At the same time the reader cannot but feel that if Mir. Taft had been in office during the same period of neces- sary reconstruction the policies of the administration would have been saved methods of enforcement which alone made for mischief.
 No really unimpassioned man ever questioned the motive of the Roosevelt policies. for no unimpaseloned man can dissent from the proposition upon which they have been based namely that evil doers must be made to suffer the consequences of their folly, while honest men must be protected in their rights. There is in this connection a world of unconscious conviction in Mir. Taft's assertion that the function of the next administration will be the perfecting of the machinery of control "to interfere with legitimate business as little as possible" This as Mir. Taft says involves limiting the powers of the interstate commerce commission and leaving executive powers to anoth- CT department of government. This is demanded in the interest of restraining bad corporations without injuring good ones, for Mr. Taft repeatedly takes the sound view that after all the good far outnumber the bad corporations.
 The commercial interests of the coun- try will read with interest Mir Tafts views with regard to the attitude of the government towards railroad proper ties and towards those combinations of capital, which by their nature are in a position to undertake to act In re- straint of trade. They will do well tc read then with care for saner pre-. sentation of the changes to be desired and the risks to be avoided has never been made. It was time that some such sober treatment of the questions involved was made. Great investmenti have been treated up till now with sucl a reckless abandon that many have been led to the false conclusion that 6 whack at property in all of it's forms Is a good thing for capital and labor < Mir. Taft exposes this view with char acteristic judicial boise. He makes it clear that his policy if elected, will bc progressive and regulatve rather thai destructive, which Is just what the country has been waiting to hear. On
 will go from the reading of this par of the letter with more intelligen idea of the difference between a gooc i, and bad trust and of what consti tutes monopoly, the kind that de
 serves the reproduction of government.
 Judge Taft's views upon the labol question should be read by wage earn CTS everywhere. Persistently misrep