The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1909-03-04
clared the senate adjourned for the
time being

plished Vice President Sherman de
clared the senate adjourned for the
time being.
Members of Congress in Line.
Led by the sergeants-at-arms of the
senate and house the members of the
two houses and the other officials
marched through the corridors of the
Capitol to the inaugural stand that
had been erected at the east portico.
As the retiring chief executive and
his successor appeared at the main
door of the~Capitol and proceeded to
walk to the front of the stand toward
Chief Justice Fuller, who, with Bible
IN hand, awaited Mr.. Taft, the troops
niassed in front Of the stand and
drawn up ontwu sides presented arms
and a cheer rose from the crowd that
extended as far as one could see from.
the stand. The crowd was very quiet
as Mr.. Taft repeated the words Of the
oath after Justice Fuller and their
voices were plainly heard.
President Taft then delivered his
inaugural speech, as follows.
Ny Fellow Citizens Any one who
takes the oath have just taken must
feel a heavy weight of responsibility.
It 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 a proper sense Of the obliga-
ton which the oath imposes.
The Office Of an inaugural Address IS
to give=a summary outline Of the main
policies Of the OBSERVATION-DISCLOSURES so
far as they can be anticipated. have
had the honor to be one Of the adj
visers Of my distinguished predecessor
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 declarations Of the party
platform upon which was elected to.
Office IL did not make the mainte
nance and enforcement OF those re-
forms most important feature Of my
administration. They were directed to
the suppression Of the lawlessness and
abuses of power of the great combine
lions Of capital invested In railroads
and in Industrial enterprises carrying
on Interstate commerce. The steps
which my predecessor took and the
legislation passed on his recommends
ton have accomplished much, have
caused a general halt in the vicious
policies which created popular alarm
and have brought about in the bust
ness affected much higher regard for
existing law.
Further Action 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 progressive
business methods further legislative
and executive action are needed. Re
lief Of the railroads from certain re-
strictions Of the antitrust law have
been urged by my predecessor and will
be urged by me. On the other hand,
the administration is pledged to legis-
lation 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 de-
partment OF justice, Of the bureau OF
corporations in the department Of COM
merce and labor and Of the interstate
commerce commission looking to effec-
tive cooperation Of these agencies Is
needed to secure more rapid and GER
tain enforcement Of the laws affect
ing interstate railroads and industrial
combinations.
hope to be able to submit at the.
first 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-
1partments concerned in their enforce
ment.
aGood and Bad Trusts
L 4 Is believed that with the changes