Mountain Home maverick. [volume] (Mountain Home, Idaho) 1906-1911, 1909-03-11
INAUGURAL DELIVERED BY
NATIONS NEW CHIEF
EXECUTIVE.
Congress viii Meet March rs to Take
Up Tariff Revision---Adequatc Army
and Navy Urged-Panama Canal
Heartily Approved-Southern Race
Problem and Labor Legislation
Discussed.

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 a heavy weight of responsibility.
II not, he has no conception of the
powers and duties of the office upon
which he is about to enter. or he is
lacking in proper sense of the obli-
cation which the oath imposes.
The Office of an inaugural address
Is to give a summary outline of the
main policies of the new admlnistra-
| 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 office. IL did not make the
maintenance and enforcement OF those
reforms most important feature of
my administration. They were di-
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
merce The steps which my predec-
sor took and the legislation passed on
his recommendation have accom-
plished much. have caused general
halt In the vicious policies which Gre
ated popular alarm, and have brought
about In the business affected 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
siye 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
be urged by me. On the other hand.
the administration is pledged to legis-
iation looking to proper federal SUI.
pervision and restriction to prevent ex-
cessive issues OF bonds and stocks by
companies owning and operating inter
state commerce railroads.
Then. too. reorganization of the
department of Justice, OF the bureau
OF corporations in the department OF
.COUnmarca md Yohor .oa - -
state commerce commission, looking
20 effective cooperation OF these
agencies, Is needed to secure more
rapid and certain enforcement OF the
laws Affecting interstate railroads and
industrial combinations.
l 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-
partments 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
shall call congress into extra session.
to meet on the fifteenth day Of March
In order that consideration may be AT
once given to bill revising the Ding.
ley act This should secure an AIDE.
Quate revenue and adjust the duties IN
20
ana 10 all industries in this country
whether OF the farm, mine or faceorv
protection by tarin equal to the az
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 high
er or maximum tariff against those
countries whose trade policy toward
us equitably requires such discrimi
nation 1t is thought that there has
been such change in conditions since
the enactment of the Dingley act
araIted on a similarly protective prin
cipie. that the measure of the tarin
above stated viii permit the reduction
or rates In certain schedules and will
require the advancement OF few 4
any.
Money Needed for Big Projects.
The putting into force of laws which
shall secure the conservation OF on,
resources, so far as they may be with
in the jurisdiction of the federal gov
eminent. including the most impor
tant work of saving and restoring ou
forests. and the general Improvement
OF waterways, are all proper govern
ment functions which must inyolv,
large expenditure IL properly Der
formed. While some OF them, like tn,
reciamation OF arid lands, are mad,
to pay for themselves, others are O
such an indirect benefit that this can
not be expected of them A perma
nent Improvement. like the Panam
canal, should be treated as a distinc
n ~rrrIu -