The star and Newark advertiser. [volume] (Newark, N.J.) 1908-1909, 1909-03-04
THURSDAY, MARCH 4, 1909,
PRESIDENT 74FT's DECLARE III OF POLICY.

>. President William H Taft in his inaugural address outlines the policy Of his
administration, touching upon. its principal essentials. AS vas expeaed,.he
CORDIALLY indorses he principal policies of his predecessor, and specifically refers
to Federal supervision of the railroads n restrictions of trusts while at the
and permitting ne@ssary combinations OF capital that d. lot create monopoies
ro artacialy control prices Mr. Taft makes n earnest appeal for honest tariff
b revison m for the earliest action possible. both to afford the increased revenue
ranged toansure an adequate revnueh HI would hay Congress enact a graduated
inheritance tax. The policy of Congress should also BIZ to SC adjust the tariff
schedule as to pernt OF a higher Or maximum tariff against countries whose
trade within us requires such discrimination" There should be economy, without
cheseparing of necessary expenditures Money must b spent for great national
objects, for waterways and forests and a conservation Of al the natural re-
sources 1t is suggested that an internal waterway system be financed a Wa
done in III case of the Panama canal by the issuance of bonds. Future genera
tons. will get the benefit and should share the cost The national dennses
should be maintained. Mr. Taft scouts the ideansm that would make the nation
defenseless against attack and impoent to resent anront. w should ave with
our regular army, our militia IN a volunteer force N adequate military eaap-
nsnment, and veshould have a strong navy. Nj. Taft speaks guardedly on n
oriental immigration question, but bespeaks power for the Federal government
to carryo out its treaties wifi other nations After referring to the necessity for
in improved currency system,f for the enactment of a subsidy law to encourage
our ocean marine, ad removin tariff restrictions between this country and the
Philippines Mr.. Taft gives ar emphatic Endorsement to the plan OF a lock canal
at Panama saying he will stand behind" the army engineers who are carrying
candor Mr.. Taft discusses his idea osbreaking u the "sond South" SO, IS he
explains to increase the toerance of political views OF all kinds and heir d
vo@cy throughout the South. AS % the negro. he percdves in the South n in
/. ceasipgd desires among III whites,n now thatt here is 10 longer danger of negro
domination in State government to help the negro. He would leave the negro
problems to be settled by the Southern people. He would encourage the race
make noe to offend strong local prejudices as was the case with Dr.. crum at
Charleston. Finally Mr.. Taft reamrns his conviction that the power to issue
injunctions in labor disputes should not be taken from he courts to conSitute
a privileged easslu under our DAVIS He would, however. favor a modification of
he practise of issuing temporary restraining injuncions prescribing the con-
81 dhions under which such ntunctons could tissue Mr.. Tnfs inaugurali is charac-
tristco Of the MAJ, nd is hi index of a strong and vigorous administration.
without the aggressive and picturesque features that will have made that Of his
predecessor memorable. - #. 40