The herald and news. [volume] (Newberry S.C.) 1903-1937, 1909-09-17
TAFT EXPLAINS TRIP.
lis Tour to Teach Him People S
Views.-Praises Ruler of the
Senate.

adjourned was made in this city to-
night before 1000 men representing
The combined business interests of
Boston. The occasion was a banquet
given in Mechanics hall, the largest
auditorium in Boston. by the Boston
chamber Of commerce, recently form
ed by merger Of the Boston Mer-
chants association and the Associa-
ted Board of Trade with the cham
Der. and ii marked the beginning Of
5he president $4,000 mile trip
through the country.
The features of the presidents ad-
dress were his endorsement Of the
proposition to establish a central
bank in connection with currency re-
form, his words Of high praise Of Sen
ator Nelson ". Aldrich, Of Rhode Is
land, head Of the national monetary
commission, and his reputation of
any attempt to start sectional strife
IN the country such as that which he
attributed to Gov. Johnson in "call-
ing upon the West to organize against
the East
Mr.. Taft began his speech by con-
graduating Boston on union IN one
organization Of all her business men.
1T insures a concentration of inau-
ance that must make for good,' he
commented. Mr.. Taft said he was
grateful for the hospitable reception
which he had received on the north
shore Of Massachusetts during his va
cation and tonight had this TO say of
his Western trip:
Cui Bono.
Il am on the eve Of beginning a
Journey Of $4,000 miles in length,
which will enable me to see tens and
hundreds Of thousands of my fellow
citizens, and enable them, [ hope. to
see me. Occasionally I hear query
why I should start on such a trip,
and What particular good does it do
to anyoody?' Well, it certainly is not
going 10 be pleasure trip, although l
shall enjoy it. It will involve much
hard work and a great deal Of mental
effort 10 think Of things to say and
10 say them simply and clearly, so
hat they can be understood. On the
other hand. it will certainly give me
a very much more accurate impression
as to the views of the people in the
sections which I visit. 1t will bring
closely 10 me the needs Of particular
sections. 50 far as national leglsla-
lion. and executive action are con-
,cerned, and | believe it will make me
wiser man and a better public Off
Ger. I ou@ht to be able to explain to
the people some Of the difficulties OF
government and some Of the prob
lens for solution from the standpoint
OF executive and legislator as dis
tinguished from that Of the honest
but irresponsible critic. Personal
touch between the people and the
men 10 whom they temporarily del
rate power fcourse conduceS to a
better understanding between them.
Your chairman has made some
reference to a number Of subjects to
which tie attention Of congress may
we'll be directed. In the first place
there is the monetary situation.
While it is probable thai the Nree-
land bill. passed by last congress,
would aid US in case Of another IL
nancial crash, it is certain that our
banking and monetary system is a
patched-up affair satisfied no one.
The matter has been referred by con-
gress to monetary commission which
has been studying with interest and
enthusiasm the financial and banking
system Of the great governments OF
Europe. Il is quite apparent from
the statements of Ereeland, head OF
the committee on banking and cur
,rency in the house. and from the con-
,,versation Of Mr.. Aldrich. chairman
Of the monetary commission, and Of
u::a finance committee Of the senate,
that the trend Of the minds of the
monetary commission IS toward some
soo OF arrangement for central
;bs ISSUE which shall control the re-
serve and exercise a power to meet
and control the casual strlngency
which from time to time Will come IN
the circulating medium Of the coun-
frv and the world. Mr.. Aldrieh states
that there are two indispensable re-
.ou;rements in any plan to be adopted