The Montgomery advertiser., 1909-06-06
MIR. TAFT AND
HIS POLICIES
Won't GO Back on
Promises.
so DECLARES MR.. MaevEAGH
Will Be a Taft Administration Pure
and Simple.
MT. Mae veagh Says 1t WIN be Dis
tinguished From Roosevelt Admin
istrution As Rooseveirs was
Distinsuished From Me-
Kinley's.

Chicago. June 5.-"This administra-
ton will be conciliatory IL you do not
ask II to give up a principle or 70 90
back on It's promises. Neither OF THESE
things will do. 1t will stand by It's
principles and 1t will stand by Its pol
icies."
So said Franklin Macyeagh. Secre-
tary OF the Treasury, tonight at the
annual banquet of the Commercial CluD
OF this city, In discussing the charac-
teristics of the Taft government Inc
administration of President Tart ne
declared. will as matter OF course.
be Taft administration pure ana SIM
Pile, and as distinguishabie from tne
Roosevelt administrator as Rooseyeits
was ACKNOWLEDGEMENTS from McKinley's.
In the mnd of Secretary MacVeagn'
the leading and controlling note OF the
preset administration was determined
tandeucy toward regularly OF decsoh
and OF procedure. President tart. ne
said. would administer his ONCE within
constituted boundaries. The erect OF
this. he declared, would be to keep inc
President the leader OF the party organ
President Taft no said was
the man Of progress "and II goes with
ont saving that no great leader Of an
American party. In this day and gen
Grafton. can fall to understand the
values Of independent thought and ac-
finn IN the party itself, wherever tney
are manifested. whether In Congress
or at large, IL only this independence
aims at the party's progress ana hDer-
aiixation and II 1t seeks In and through
the party to answer more perfeetiy tne
deliberate and wise demands OF tne ma
tIon And You and / must agree-for
we cannot escape the concluston--tnat
a might become at any time the DUTY
Of any great party leader to create tor
his party a new majority and CONTROL
Party Regniarities.
Mr. MacVeagh, In this connection
.saId that he saw for himself very clear
IN that while President TAFT would Pc
greatly and ternperafnentaliy inciinee
toward party rssniarillss aa ,,n,s e s ne
wouid not wish nor be able 70 lose
s,vSt ~ the fact that the Republi-
car PARTY has wished 70 dedicate u
seir 10 the furtherancs Of the higher
idaals Of the people, to the wider and
more varied and complete progress ot
the nation and to the nations heIpfui
works and influence in the world az
Iarres He referred to the Presidents
Saserance and respect for the formal
nrivileres OF the Congress, "and what
IL more significant and interesting at
present is not the actual non-interfor-
ence but rather the fine disposition the
Ioresfdent shows to respect all rights
ana 10 meet everybody half way in the
hone and interest of homogeneous
marty or PROGRESSES disposition which
can only be interpreted as statesman.
filxe consultation and which II would
re fatal mistake TO consider as n
change OF actual policy or purpose
AZ 10 the Roosevelt policies, Mr.
Wacvea0h said that they were az
safe IN the hands OF the present adj
uinistratiou as they were In the HANDS
az the last I'VE are not hearing mucfli
about them" he said, "but that -
partly because the President has his
own way OF arriving at results ana
because other issues are now associ-
ated with them in the activities at
wa shineton, issues that before left 70
the roosevelt policies the whole stage.
IA mentioned the tariff. Currency and
handing reform would have to be
" rouRht out in the present years; the
deeper reunion of the South with the
North would interest people and ad'
Improvement OF pHacu
cal everyday administration would pc
nnrne an important Federal interest.
The issue Of more deliberate govern
mont appropriations and OF a cores
nonding scientific development of tax
atIon he declared, would occupy
mart OF the stage. But" he asserted.
at would be radical error to think
that the distinctive policies OF the last
will receive less at
tention or less devotion than is now
needed for Their camplete and perrna-
nent establishment
Banking and Currency.
Maintaining that the time had gone
hv for weak ursuperncial legislation
UPON the subject OF banking and cur
rency. Mr. Macveagh said that the
President and cabinet were approach
ing the consideration of that great re-
form. an Indispensable reform with a
keen and vivid interest and with a
open mind. He believed
that much help was to be expected
from the Monetary Commission ''of
which Senator Aldrioh is the hand and
the Inspiration"
Upon the question Of the tRriff. Mr.
MacVeagh predicted that the revision
would be such that the people would
accept The main point was to salts
~ those of the middle west but II
they are not made satisfied he said.
"then the tariff question will unfor-
not be out of the way. and
we will not have rest. and we will not
have a clear field for currency re-
form" The demand for tarfff revis-
ION. he insisted was not for a radical
ga onf R0r an innuraHffnahIA valuation