The Yakima herald. [volume] (North Yakima, W.T. [Wash.]) 1889-1914, 1909-12-08
TAFT D|SC0URAGES ANY
FURTHER TARIFF REVISION

the president saying that their work
will perhaps take two or three years
continuing annual appropriation is
asked:
Tariff Commission To Aid.
Il believe" the president continues.
that the work of this board will be
of prime importance whenever con-
gress shall deem it wise again to adj
just the custom duties If the facts
secured by the tariff board are of such
a character as to show generally that
the rates of duties imposed by the
present tariff law are excessive under
the principles of protection as describ-
cd In the platform of the successful
party at the late election. | shall not
hesitate To invite the attention of
congress to this fact and To the ncCcs-
sity for action predicted thereon
Nothing, however, halts business and
interiors with the course of prosperity
so much as the threatened revision
of the tariff and until the facts are
at hand, after a careful and deliberate
investigation, upon which such re-
vision can be properly undertaken. il
seems to me unwise to attempt that
The amount of transformation that
creeps into arguments pro and con in
respect to tariff rates is such as to re-
quire the kind of investigation un-
dertaken by it wholly without respect
to the effect which the facts NAV have
in calling for readjustmcnt of the
rates of duty"
Favors Postal Savings Banks.
President Taft says he is convinced
the people desire postal savings banks
and that they will be productive of the
utmost good. He says of them: "Thev
Will furnish a satisfactory substitute
for the system of government guar
anty of deposits which, with defer
ence to those who advocate it, seems
to me to have in it the seeds of de-
moralization to conserve banking and
certain financial disaster"
Recommends Ship Subsidy.
The president earnestly recon-
mends the passage of a ship subsidy
bill
In recommending separate state
hood for New Mexico and Arizona
President Taft advises that after the
adoption of a constitution it be sub
mitted to the people for approval
State officers should not be elected
until the constitution has been voted
upon.
An Alaskan Council.
with respect to Alaska" said the
president. 81 recommend legislation
which shall provide for the appoint
mcnt by the president of governor
and also of an executive council, the
members of which shall, during their
term of office. reside in the territory
and which shall have Legislative pow
ers sufficient to enable it to give the
territory local laws adapted to its
present growth. | strongly deprccate
legislation looking to the election OF
a territorial legislature in that vast
district"
White Slavery.
81 believe it to be constitutional"
the president says, "to forbid under
penalty the transportation of persons
for purposes of prostitution across
national and state lines: and by APP
propriating a fund of $4,000 to be
used by the secretary of commerce
and labor for the employment of
special inspectors, it will be possible
to bring those responsible for this
trade to indictment and conviction
under a federal law"
Country Prosperous.
In conclusion, the president says
speaking generally the country is
in high state of prosperity. There
is every reason to believe that we
are on the eve of a substantial bust
ma
nered IA harvest unexeampled in the
market value of our agricultural pro-
duce.'
The high price which products
bring mean great prosperity for the
farming community, but on the other
hand they mean a very considerable
increased burden for the class of the
community whose yearly compensa-
ton does not expand with the i'm
provement in business and the general
prosperity. Various reasons are given
Tor the high prices. The proportion
ate increase in the output of gold
which today is the chief medium of
exchange and is in some respects a
measure of values, furnishes "a sub
stantlal explanation of at least part
OF the increase in prices. The Increase
in population and more expensive
moue OF living of the people, which
have not been accompanied by Il pro-
portlonate Increase in acreage pro-
duCtion. may furnish a further rea-
son. 1t is well to note that the in
crease in the cost Of living is not
confined to this country but prevails
the world over and that those who
would charge increased prices to the
existing protective tariff, must face
the fact that the rise of prices has
taken place almost wholly in those
products of the factory and farm in
respect to which there has been either
no increase in the tariff or in many
instances a very considerable reduc-
ton"
FAIR OFFICIAL TELLS OF PLANS.
Secretary j. ". Pace Points out the
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