Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1908-12-17
TAFT GUEST OF
OHIO SOCIETY;
TELLS POLICIES
ADDRESSES A BIG BANQUET
GATHERING IN GOTHAM
AGREES TO STAND BY POLICY
ADOPTED AT CHICAGO
Tariff Revision Regarded as the Most
Important Declaration Of the
Republicans at the Last
Convention

NJ W YORK Dec. l6.-PreSloeht-
elect Taft was the guest OF honor
AZ tonight at the twenty-third an
nual dinner of Ohio society in Ne"
York. Around the 100 tables placed in
the grand ball room of the Waldorf
Astoria hotel were men gathered from
every section of the country ana leau-
ers in many walks of life.
Mr.. Taft took advantage OF the oc-
casion In a speech filled with more eaI
nestness than any he has deilVeteu
since his election to pledge his ADMIN
istratlon and his party, so lar as ne ne
can control it, to d loyal adherehSe ~
the Chicago platform.
He dwelt almost wholly upon the
revision OF the tariff, which ne slls!eu
ont as the most important declaration
made at the last national convention,
and after having previously referred
to the veto power of the chlef eXecu-
tive said with all the emphasis OF
which he was capable:
Better no revision at all; petter
that the new bill should fail, unless
we have an honest and thorough re-
vision on the basis laid down and the
principle outlined in the party plat
form
The Antitrust Law
MIR Taft also referred to the Sherman
antitrust law and declared for its en-
forcement as one of the Roosevelt poll
cies that the party had pledged itself
to carry forward.
Seated at the presidents table, with
Mr.. Taft were the vice president-elect,
Mr.. Sherman; Governor Charles b.
Hughes: Henry w. Taft, president of
the society; Charles p. Taft of Cincin-
natl; Horace d. Taft of WATERFOWL,
Conn: Dr. Arthur T. Hadley president
of Yale: former Senator John G. Spoon
Nf WI TpSnDn0P6
toasts: J.. Pierpont Morgan, Paul Nor
ton, Governor Franklin Fort of New
Jersey, Secretary Straus. Frank H.
Hitchcock, Bishop Leonard of Ohio,
Gen. II. C. Corbin, Admiral Caspar
Goodrich, and others. At one of the
tables was perhaps the most notable
group of financiers ever gathered to-
gether in this country.
There were E. Fl. Hartman; George
F. Baker, president of the First Ma
tional bank; George W. Perkins Of j.
P. Morgan & Co; E. H. Gary of the
United States Steel corporation; John
Clahin; Frank A. Vanderlip, vice presi-
dent Of the National City bank; OAR
win P. Kingsley, president of the New
York Life Insurance companyi j. p.
Morgan, Jr., ]. P Stotesbery of Drexel,
Morgan & Co. or Philadelphia and
Charles Steele of J. P. Morgan & Co.
BOOKSELLERS All There
At another table were four Rookie
felers-John D., John D., Jr., William
and p. A. Rockefeller.
With them sat John d. Archbold, the
active head of the Standard Oil COM
pany, and John G. Milburn. the special
counsel of the company.
Frank B. Kellogg, who has been pros
ecuting the Standard, and William Nell
son Cromwell, brought to the front in
the recent Panama discussion, were
mic IN
Thomas E. Ryan sat at a table with
r. F. Yoakun. James Speyer and LORD
Revelstoke.
Paul d. Cravath, Melville E. ingalls,,
Wade H. Ellis, Leslie NJ. Shaw, Myron
T. Herrick, Justice William A. Day,
Charles H. Treat and Delavan Smith
We're among the more than 900 diners.
The galleries of the ball room were
filled with splendidly gowned women.
Governor Hughes was hailed by
POSTMASTER Henry Taft and Senator
Spooner as the Successor of Mr. Taft"
when It should again become New
York's turn to name the occupant of
the White House.
Henry Taft was POSTMASTER
Then Taft Speaks
The president-elect was the last to
speak
Il am going to talk little politics
tonight. And I want to invite your
serious attention to some of the pecul-
iarities with which we have to deal in
our form of government as compared
to that of other nations. Ours is essen
TALLY a government of parties.
England also has parties. but there
they fix the responsibility of the party
on one man. They do not divide the
responsibility as we do under several
different heads.
1.-THE divisions of authority in our
difficult to carry out the promises so
freely made in the course of the cam
paign.
THE president is the executive of
the nation and while in the White
House is rightly regarded as the head
of his party, for In the campaign pre-
ceding his term Of office he is in a
sense made responsible for what hap
pened during the party's administra-
ton. Yet when we come to the election
of a candidate and the adoption OF a
platform declaring the principles of the
party this work is left to a convention
OF men gathered from all of the states
of the Union.
"Once the party has adopted it's plat
form in convention and has success
fully gone before the people ON that
platform it becomes the sacred duty of
the house and senate to carry out the
policies thus declared.
The Principal Plank
'sThe principal plank in the Chicago
platform was the one which declared
for a revision of the tariff at an extra
session of the congress to be called
as soon as possible after the fourth of
March next. In that plank, the STAN
dard by which the revision could be
made was plainly laid down.
1T was agreed that the revision
should be made on the principles of
protection and those principles were
defined further by the statement that
the rates to be fixed should be meas
ure OK the difference Of the cost of pro-
duction here and abroad with rea-
sonable profit to the manufacturers.
This declaration deyplved upon the
party the duty Of determining what Is
the difference between the cost of pro-
duction here and abroad and fixing a
rate which would provide a reasonable
profit to the manufacturer.
ut did not provide for the taking of
a decree pro confesso against those in
the community who could not appear
before a committee of congress and be
heard. 1t is the duty of the commit
tee to make an affirmative effort to find
out the cost OF production here and
abroad and to revise the tariff accord
ingly
Is a protectioulst