The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1909-09-15
President Delivers Speech in
Boston Before Starting on
Long Tour Through Western
and Southern States.
SPEAKS PLAINLY ON THE
ISSUES NOW UPPERMOST
Believes the Era of Prosperity
Has DaWned Once More and
That Work Commenced by
Roosevelt VIII Be Completed
THREE THOUSAND PRESENT

Boston, Sept. 14.-President Taft
was the guest of the solid men Of
Boston tonight and a dinner was
given In his honor at which he de-
hvered an address touching upon the
issues now before the country. The
address marked the beginning Of Mr.
Taft's 13,0O0-mile tour, which will
carry him through two-thirds of the
states.
It viii extend from Boston 10 Seattle.
from St Louis to New Orleans and FL
PaS9, Tex, back TO Washington.
The dinner celebrated the merging OF
Boston's three leading commercial
bodies, the Merchants association. the
Associated Board of Trade and the
chamber of Commerce, into one OreaDi-
cation, with 5000 members.
Distinguished guests from national
ana state political life, from the iu-
dietary of the nation and state. from
army ana navy and congressional and
from local church. civic ana business
circles were present Among the in
Vited guests were.
General Carlos Garcia VeIez. Cuban
minister; Secretary Meyer. Secretary
NageL Justice Oliver Wendell Holmes
OF the United States supreme cO17rt
Senator Crane, Governor Drauer. Arch
bishop O'COnnell of the Roman Catholic
archdiocese Of Boston. Bishop Willard
f. MaIeieau of the Methodist Episco-
PAL church. William Nelson Cromwell
counsel for Panama commission
President Taft's Speech.
u am on the eve of beginning a Jour
ney OF 1900 miles I'll length" said Mr.
Taft, (which will enable me to see TONS
and hundreds OF thousands of nv faiIorl
citizens ana enable them 1 hone tn SEQ
me, Occasionally 1 hear query why
should start off on such a trip and what
particular good does it do TO anvbodv7
Wen, IL certainly is not going to be a
pleasure trip, although I shall enfov If.
il VIII bring closely TO me the needs of
particular sections SO far as national
legislation is concerned. and I believe ii
VIII make me q wiser man and a batrar
public officer
Common Sense View.
Il ought to be able to explain to tba
people some or the difficulties of govern
inent and some of the problems for so
luton from the standpoint of the evao17
tive and the legislator. as distine1Iisbe4
from tnaU or the honest but irresponsible
crlJlcS. our chairman has made some
ItIeItHce 10 the number of subjects to /
Whlen the attention of congress NAV well /
be directed. In the first Mace there /
is the monetary situation. While il is I
probable that the Nreeland bill would aid /
US IN case Of another financial crash if I
Is certain that our banking and monetary
system Is patched-up affair. which sat
lsIles nobody and, least of all those VINO I
are Clear-heaGed ana have a KNOWLEDGE .
OF what financial system should be-
Central Bank of Issue.
1T Is quite apparent, from the state
menJS OF Mr. \reeland, now the head of
the committee ON banking and cUrrsncy
IN the house. and from the conversation
OF MI AtGrlch. chairman of the none ~
commission and of the finance commit
lee OF the senate. that the idea of fine
monetary commission is for some SORT I
OF arrangement for "a central bank of is I
sue which shall control the reserve and
exercise power to meet and control the |
casual sIIlngenCy which from time tn time /
viii come in the circulating medium Of /
the country and the world
Mr.. Aldrich states that there ara +v-o
indispensable requirements i'm any plan in
yolvlng central bank of issue. T-be ono
IS that the control of the monetary s,-s
tenn shall be kept free from wall street
first and the other is that IN shan
not be manipulated for political purposes.
Aldrich to "swing Around Circle"
Il am told that Mr.. AIdrich viii .svyine.
around the circle this fall and will lee
Lure in many of the cities of the middle
Continued on Page 2.