Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-03-04

Washington, March 4.-In his inaug-
ural address today president Taft said:
MY Fellow Citizens Any one who
takes the oath / have just taken must
feel heavy weight Of responsibility.
IL not. he has no conception Of the
powers and duties Of the Office upon
which he is about to enter or he is
hacking In d proper sense of the obliga,
ton which the oath imposes.
The Office OF All inaugural address Is
to give a summary outline Of the main
policies Of Tie new administration 50
far as they can be anticipated. | have
had the htsEor to be one OF the adj
yisers of my distinguished predecessor
and MS sEt.l to hold UP his hands in
the reforms, ,.e has Initiated. l should
be untrue to myself, to. MY promises
and to the declarations of the party
plntfornl upo. which was elected to
Office IL / did not make the mainte
nance al,S enforcement of those re-
- 1,i ~ M. za.o ,,,ra,+od r.
.lniii,''i - - :,
the SUPP OF the lawlessness ana
abuses : Of the great combina-
lions Invested i'll raiiroads
and III enterprises carrying
on iii ,,lliacrce. The steps
which e.sser tool. and the
legs, Il lis ieconmenda
tfo,s i,,ia .ls.cia. have
c.,u i in t'ls vicious
lg,.; aftu isepui;:r alarm
~. si,s 1t in the bust
IL il b hi:;llai' regard for
e.: 3
see.sd.
asting, how
az. s, a! I, same time
frepr am. Oh the part of
tbos.. ,,rorer ard progressive
b,si,,p pGs further legislative
ana eas., action are needed. Re-
lief Of l::,roads from certain re-,
strictie, the antitrust law have
been III. my predecessor and will
be ,iract.a & re. On the other hand,
the :tan.,ii.,na;ien is pledged to legis-.
lation loe!siilg to a proper federal SUI
pervisipn ..i,i restriction to prevent ex-
cessiso issues Of bonds and stocks by
connpan hex I wiring and operating inter
state COS, ..ele railroads. s.5.s
Then. ,.s, 4, re,:r:s;lnia len Of the de-
ipart,neigs ;isn. Of t,se hureau Oh
ec;-s'.s Il, tar.,:sl.rs.iei.s OF corn
i si, a:.A II re Interstate
!. i::.ss Ma .auSiiEg to cfsec-
4 81. ef .!is.;a :.:sehcies !
Il ~, rla::s i. and GER
i, e.at Of II, .;,ns affect
81; & ;railroai.s s'aea industrial
cellli.ii....,,. .5iis.
r hope TO be able to submit at the
Arst regular session OF the incoming
congress In. December next definite
suggestions in respect to the needed
amendments to the antitrust and the
Interstate commerce law and the
changes required in the executive de-
partlnents concerned in their enforce
iment.
IS "Good and Bad Trusts"
1t is believed that with the changes
to be recommended American bust
mess can he assured Of that measure OF
stability and certainty in respect TO
those things that may be done ana
those that are prohibited, which IS
Essential to the life and growth OF
all business. Such plan must lncluoe
tne risht q 1'le people " avall -
serves % those ilielhe''s. u eonOln IS
capieai :'s-el e-.oie 'leeiiie.' iise ess.
lreach the his.ess aestee " sso
en ll ~ Tue sains .ilns 49,,
altiiis pet'' eea eonlo,,'' e1 -,
upon le;ssilia'.'.e ecol,oA.'s "a
.nose ioiiaeu VIII e1e ~. 49,,
lug ii'o.iol'oiis's anu q '''is A's ls'SN
! pim y, y we. ,o
/, nc "oth - w n'u =. s.oat,.o
,ti LICE; snai'e suen enan' -
iWorA VI .ne ms ncs' olue, az. ~ -
~ ivy ue .i'.. a.ion poSs.
lterVal. usaisse ..i.at ene -
10 pe ptol'oseu are Juse as neeessa.s -
.ne 'rotectN,'i VI iei.iiiA''.e BUSINESS -.
IN the eiii'ch'ns Oh Tue ielolms w.
lpro 'l' peaf Tue iiaine u 10y p's
fessor. :.
| revision 81 ."e s.".
a matter u n.os. pissslns .nip1.
tance Is Tue REVISION VI .ns. 'a' IL
eccoruahce with tiie PROMISES W .ii1
plalIornl upon "nich : wus e'ee.eu
shall can congress in'o eA'ia session'
vnnot an thu 1Efb dow oF Maroh fy,