The Roswell daily record. [volume] (Roswell, N.M.) 1903-current, 1909-09-20
PRESIDENT TAFT MAKES
ADDRESS AT DES MONIES.

President spent more than four hours
here today. During that time he
breakfaSted with Senator Cummins,
one of the Insurgent leaders, reviewed
5000 federal troops and made an open
air address in which he discussed
,he details of the changes he will
recommend in the Interstate Com
merce laws and the antitrust laws.
Legislation TO prevent the overissue
OF stocks and bonds and the watering
of s. Ocks will be strongly recommend
ed. the proposition being that no
stocks or bonds can be issued except
by permission of the Interstate Com
merce Commission. after an inquiry.
The President left for Omaha at
1l:1S.
The Presidents Address.
''As the result of the last general
election the republicans have a mai,
ority in both chambers of congress.
and have the president. In looking
to Legislation to he expected
from that party, We must refer back
TO the platform upon which the party
was elected. The tariff bill has been
passed as promised and I do not in
tend TO dwell upon the disputed ques-
ton as TO whether the bill fulfilled
the promise. but with the tariff bill
out of the way. | want to call your at
entiol TO what there is for the repub-
lican party in congress TO do during
the coming session
The President then outlined mis-
views regarding labor questions and
iwelt on the necessity of CARRYING
ont the platform pledges for legisla-
lion as TO injuactions and requiring
the railroads to adopt safety ap-
pliances guarding employees
Mr.. Taft then detailed the passage
NJ the railroad rate bill in which the
Interstate Commerce Commission is
given authority to fix specific rates
and continued:
The rate bill has not furnished re-
lief against discriminatory rates with
the expedition and effectiveness ex
pected. An examination of the decis-
ions of the Commission and the re-
sort to the courts by way of tempor-
ary dnjunctions, justifies the colclus-
ion that one of the defects of the
present bill is the delay in court ov-
pr the correctness of the orders of
The Commission. Court repeal cannot
be abolished is il is a constitutional
right. but ii is now represented by
some of the members of the cabinet;
that i'm order to facilitate these ap-
peals from the orders of the Inter
state Commerce Commission as they
order stay in proceedings. but six
" DAYS thereafter no Injunction ne al
lowed against an order of the Com
mission unless granted by the whole
i've. | have not the slightest aesita-
ion i'm recommending to congress that
he powers of the Interst ate Com
nerce Commission be extended to in
clude not only the fixing of rates but
he readjusiment of the classified
lion which is to be filed with the com
II is now proposed to authori
-ae Commission to postpone the date
when such classification takes effect
provided complaint be filed within 80
fays. A third amendment to the law
should provide that the Commission
may modify or annul any changes in
the rules or regulations which impose
undue burdens on the shipper.
Another most important amend
ment of the Commerce Commission
law is a prohibition against the rail-
roads acquiring or holding stock in
any competing line"
by these provisions. enforced with
reason and sirawn with a view not to
be too drastic with the railroads i'm
the beginning. We shall gradually
abolish that evil and keep the rail
roads efficient for the service for
which they were intended"
Il am strongly inclined to the view
hat the way to make the antitrust
laws more effective is to narrow the
scope. somewhat. so that they shall
not include in their prohibition ami
denunciation as crime anything but
or a combinaui or a con-
tract entered into with the actual in
tent to cnonopolize or suppress com
nRfffinn I'm N a Ia
ent features of the law seem to bring
within condemnation contracts act
ually innocent and not included with
in combinations which il is the object
of the law to suppress. II the crimes
in the law are confined TO
contracts made with the intent to
trade. then the real object
of the law come within its denuncia-
tion and none could declare its opin
ion unreasonable.
1T would probably seem wise to es-
tabhsh an accusatory bureau in the
department of justice TO institute
of violations of the an
thrust and Interstate Commerce
laws and TO enlarge the scope of the
bureau of corporations. All this is
In the line of the performance of the
promises of the republican platform
and we can certainly be discharging
no higher duty"
Ohama. Neb.. Sept. 20.-By special
request of the President an attempt
viii be made to run street cars here
today while the President is in the
city. The President wired Mayor
Dahlman. asking If It would be possi'
BILE TO have a suspension of the strike
controversy during the Presidents Wis
IL. President Wattles, of the street
car company. readily agreed ami all
cars will start at four o'clock to inter
strikers will make an effort to inter
view the President in an effort to en-