The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1909-09-25
REGULATION or
The RAILROADS
President Outlines Program In
Speech at Des Molnes.
NE WOULD ESTABLISH A COURT

Favors an interstate Commerce Trl.
bunsi Similar TO the Recently APP.
pointed Tariff court-President Taft
Also Has In View the Regulation OF
Stock Issues SO as to Prevent Wa.
terino.
President Taft vigorously defended
the Aldrich-Payne tariff law before
two audiences at Winona. MINI.
Speaking from the same platform
with Congressman James A. Tawney
OF this city, the president declared he
signed the tariff revision act for the
same reason that Congressman Taw.
ney voted for IL, because II was tbs
best kind of revision that could be Oh
tanned under existing disadvantageous
conditions and because on the whole
il was the best tariff bill the Repub-
lican party ever has passed.
That the law has Its faults the pres.
ident freely admitted and he minced
no words in pointing them out.
with respect TO the wool schedule"
he said II agree that II is too high.
The rate is higher than the difference
In cost of production at home and
abroad. But Mr.. Aldrich and MIR.
Payne, who both favored reduction In
this schedule, found that the wool
growers OF the west and the wool
manufacturers OF the east were strong
enough through their representatives
in congress 70 defeat the bin IL the
rate was reduced. ! am sorry that
this was So.
Taft Visits Twin Cities.
The visit OF President Taft to Mimi
eapolis and St. Paul was a notable
event for the twin cities.
The president was received first In
Minneapolis. An automobile trip was
taken about the city parks and Louie
wards TO Minnehaha Falls, the state
Soldiers home. and then 10 Fort Smell
ing where the president reviewed the
troops and was given reception by
the officers
President al Des Moines.
With President Taft's review OF $500
federal troops al Des Moines the great
est military tournament in the country
began
President Taft was entertained at
breakfast al Senator Cummins' home,
TO which had been invited men prom
inent In Republican politics In Iowa
After the breakfast and reception fol
lowing, the party re-entered autos and
| proceeded 20 the reviewing stand op.
posite the state capitol
After reviewing the troops the pres
| ident delivered a short speech. took
a ride about the city In an automo.
bile, and was then driven 70 the Rock
Island railway station, where he took
the special train for Omaha.
Talks About the Railroads.
! In Des Molnes Taft set forth his
ideas with regard 70 railroad leglsla.
tlon. He declared Ia a speech that he
Is in favor OF an interstate commerce
court, similar 70 the recently estab
! lished tari1 court 20 pass on appeals
! from the Interstate commerce commits.
sion, 20 expedite and enforce decisions.
He would increase the powers Of the
interstate commerce commission. Civ
ing Il authority TO institute as well as
hear complaints against unjust rates
and 70 suspend or nullify burdensoms
rules and regulations by railroads.
Taft would give the commission
power 20 correct evils In classification
1 which has appeared since the estab.
! Ilshment OF the principle of govern
ment rate regulation.
I III. ,,,gafIart 10. ts{.v.s Alec - "A
regulation of stock issues 50 as 70 pre-.
vent watering and the prohibition OF
the ownership By one road Of the
stock Of a competing line
He would allow rate agreement be
tween railroads-not pooling he
specifies subject 70 approval by the
interstate commerce commission
TAFT Guest ~ Mining King.
President Taft was the guest OF
Thomas r. Walsh. the mining king.
NJ the latters country seat. fourteen
miles from Denver A breakfast Ia
his honor. 10 which thirty-hve promln-
ent citizens were invited and recep.
ton were the features OF the days
program
I The president then continued his
journey westward through Colorado.
stopping AZ Montrose TO open officially
the great Gunnison tunnel. an irriga.
ton project OF the reclamation serv.
ice.
While In Denver Mr.. Taft was the
center OF two formal social gatherings,
J IN addition TO being the principal
speaker az the Auditorium.
Crosses Continental Divide.
President Taft has crossed the con
tinental divide and II now west OF
the Rocky mountains At one time the
train ran for a mile or more through
fields Of snow.
The president did not feel the alti.
tude and at the end OF his first week
OF zone night stands" be Is lE splendid
health.
Secretary OF the Interior Ballinger