The state herald., 1909-03-12
PRESIDENT TAF7'S
STRONG ADDRESS
INAUGURAL DELIVERED BY
NATIONS NEW CHIEF
EXECUTIVE.
EXTRA SESSION IS PROMISED
Congress viii Meet March IS TO Take
Up Tarlff Revision-Adequate Army
and Navy ursed-Panama Canal
Heartily Approved-southsrn Race
Problem and Labor Legislation
Discussed.

Heartily Approved-southsrn Race
Problem and Labor Legislation
plseusasd.
Washington. Mar. 4. = President
Taft, having been sworn in as chief
executive Of the nation, delivered an
inaugural address that was listened to
with great interest. In part 1t was as
follows:
My Fellow Citizens: Any one who
takes the oath have Just taken must
feel heavy weight Of responsibility.
If not. he has no conception OF the
powers and duties of the ONCE upon
which he is about to enter, or he is
lacking in proper sense of tho obli-
CATION which the oath imposes.
The ONCE Of an inaugural address
Is to give summary outline of the
Nmain policies Of the Few administra-
ton. 80 far as they can be anticipated.
I have had the honor to be one Of the
ADVISERS Of my distinguished prede-
cessor, and as such. to hold up his
hands In the reforms he has initiated.
should be untrue to myself, to my
promises and to the declaration OF
the party platform upon which am
elected to once, II l did not make the
maintenance and enforcement OF those
reforms q most important feature of
my administration. They were d.
rected to the suppression Of the law
lessness and abuses Of power of the
great combinations Of capital invested
in railroads and In industrial enter
prises carrying on interstate COM
nerce. The steps which my predec.
sor took and the legislation passed on
his recommendation have accom-
plished much. have caused 4 general
halt In the vicious policies which cre-
ated popular alarm. and have brought
about In the business affected 4 much
higher regard for existing law.
More Legislation Needed.
To render the reforms lasting, how
ever. and to secure at the same time
freedom from alarm on the part Of
those pursuing proper and progress
sive business methods. further legisla-
tive and executive action are needed.
Relief Of the railroads from certain re-
strictions Of the antitrust law has
been urged by my predecessor and will
- urged BY me. On the other hand,
the administration is pledged to iegis.
aation looking to a proper federal su-
pervision and restriction to prevent ex.
csssive issues OF bonds and stocks by
companies owning and operating inter.
stste commerce railroads.
Then. too. q reorganization OF the
department OF Justice, OF the bureau
OF corporations in the department Of
commerce and labor. and OF the inter.
state commerce commission, looking
to effective cooperation OF these
agencies. is needed to secure more
rapid and certain enforcement of the
laws Affecting Interstate railroads and
industrial combinations.
hope to be able to submit at the
hrst regular session of the incoming
congress. In December next, definite
suggestions In respect to the needed
amendments to the antitrust and the
Interstate commerce laws. and the
changes required In the executive de.
partmcnts concerned In their enforce.
ment.
Promises Extra Session.
A matter OF most pressing impor.
lance Is the revision OF the tariff. In
accordance with the promises OF the
platform upon which ] was elected.
i shall call congress into extra session.
TO meet on the fifteenth day Of March.
IN order that consideration may be at
once given to u bill revising the Ding.
ley act. This should secure an ade.
Quate revenue and adjust the duties IN
such . manner as to afford to labor
ana TO all Industries In this country.
whether OF the farm. mine or factory
protection by tariff equal to the dif.
ference between the cost OF production
abroad and the cost OF production
here. and have provision which
shall put into force, upon executive
determination Of certain facts, a bIrh.
or or maximum tnrifY against those
countries whose trade policy toward
us equitably requires such discriml
- IN hhohkuA nuh
been such a change In conditions sine,
the enactment OF the Dingley net,
draitcd on similarly protective prIn.
ciple. that the measure Of the tariff
above stated will permit the reduction
OF rates In certain schedules and will
require the advancement OF few. II
any.
Money Needed for Big Projects.
Tho putting into force Of laws which
shall secure the conservation OF our
resources. no far as they may be with,
IN the Jurisdiction OF tho federal goy.
crnmen,. including the most impor.
tant work OF saving and restoring our
forests, and the general Improvement
OF waterways. are all proper govern.
ment functions which mus, involve
large expenditure II properly per.
formed. While some Of them. like tho
reclamation Of arid lands. are made
TO nny for thcnHelvoa n,h,,. a.. .s