The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1908-07-14
Democratic Measure Advo-
Gates IrreconciIabIe Things
And in 1t is a Conflict of
Laws.
SECRETARY TAFT is
NOW A BUSY MAN.
Is Preparing Speech Which
Will Be Delivered on the 0c-
casion of the Notification of
Nomination.

Hot Springs. Va, July 14.-yilliam
Fl. Taft is opposed TO the federal H.
cense of corporations. as proposed in
the democratic platform. That is evil
dent from what he has said TO the re-
publicans who have conferred with
him in regard to his speech of aceep-
tance. To one man Mr.. Taft said:
An attempt to frame plank that
will accomplish two irreconcilable
things is not instanced for the first
time in the present democratic plat
form"
The plank to which Mr.. Taft refer
red, advocates the license system,
which will. without abridging the
right of each state to create corpor-
ations or its right to regulate as Ii will
the foreign corporations doing busi-
ness within its limits. make II neces-
sary for the manufacturing or trading
corporation engaged in Interstate COM
merce to take out a federal license
before II shall be permitted to control
as much as 25 per cent of the product
in which II deals. the license TO pro-
tect the public from watered stock
and to prohibit the control by such a
corporation of more than so per cent
OF the total amount of any product
consumed in the United States"
Apparently the irreconeilable fea-
ture, as Mr.. Taft views the plank. is
the propcb ton to have the corpor-
alton strictly amenable to the differ.
ent laws OF the forty-six different
states and at the same time answer
able to the 25 per cent federal license
law. In effect. somewhat the same
condition. however seems to prevail
under the present interstate COM
merce law.
Roosevelt Plan Somewhat Similar.
The Bryan licensing proposition diff
fers from the one recently favored by
President Roosevelt in that licensing
under the Roosevelt plan was to be
optional with the corporation II the
corporation filed a full accounting
with the federal government and con-
Vtnced the commissioner of corpor-
atfons II was not doing business In un-
reasonable restraint of trade IL was to
be licensed and to be free from prose
cution for restraint of trade In other
words, as the presidents supper. -s
contended, premium was TO be plac-
ed on honesty.
policies" to which Mr.. Taft subscribed
but the candidates attitude towards
the Denver proposition would seem to
indicate he is not strongly inclined to-
wards the licensing idea. or at least
he would go no further than to make
1t optional.
good many who have talked with
Mr.. Taft expect him to make some or
iginal suggestions in his treatment of
the question in his speech OF accep-
tance. 1t is known that many politi-
clans have urged on him the necessity
OF dispelling the notion that he is
merely voicing the Roosevelt ideas.
Taft at Work on Speech.
AS beginning of the work of writ
ing his speech of acceptance Mr.. Taft
today made careful study and COM
parison OF the democratic and repubIf-
can platforms. He has at his COM
mand copies of speeches of acceptance
of candidates of both parties of recent
years and copies of the platform of
both parties for many years. Mr.. Taft
is looking through all the documents
bearing on the subject, and before con-
cluding his work he will have the
views OF many leaders of the party.
The plank relating to injunctions
probably is the one that will receive
most attention Dir. Taft will declare
his position in forceful and unmistak-
able terms. The speech of acceptance
VIII be short. The letter of accept
ance will treat public questions at
greater length and will not be forth
coming for several weeks after the
ceremony of notifying the candidate
has taken place.
National Headquarters Selected.
New York. July I4-Frank II.
Hitchcock, chairman of the republican
national committee has selected quar-
ters for the committee in the Metro
politan Life building here. Mr.. Hitch
cock left today for Utica to confer
with Mr.. Sherman
The active presidential campaign
will be inaugurated on August 1, when
the committee will open their head
quarters here