Daily press. [volume] (Newport News, Va.) 1896-current, 1909-09-22
ENTHUSIASTIC GREETING; At DENVER
Noisy Crowd in Autorium Recalls
Scores Of Convention Which Mont
mated Bryan In Same Place q Year
Aso--JoIned by secretary Of Inter-
Tor Rallinger.
Tor RsIlinger.

DENVER COLO. Sept 2i.--Making
his way still further to the west,
President Taft arrived In Denver this
afternoon and tonight In the Denver
Auditorium. where year ago Mr.
Bryan was nominated as his opponent
in the presidential race. faced a
crowd OF thousands that in its noiay
and continuing enthusiasm recalled
some Of the scenes OF convention
week.
President Taft. switching from bis
purpose to discuss the question OF
the conservation of natural resources
In his Denver speech. elected tonight
TO take up the corporation tax passed
as part OF the Payne tariff bill and
TO defend 1t as against the PROPOSE
ton to impose direct income tax
which. he acknowledged. seemed like
ly to pass the senate when The corr
poration. tax was deyised rs >. COM
promise The President strongly orE-
ed that all the states should adopt
the proposed amendment to the con-
stitutiOn. however, to make income
tax possible In time OF need.
Joined BY BaIIinger.
Mr.. Taft. was joined here today by
the secretary Of the interior. Mr.. Bal
finger. who will accompany him On
par; OF the trip through the far north
west.
The President tonight declared that
the corporation tax was In itself the
best form Of income tax that could
be levied and pointed out that 1t con-
tanned many Of the best features OF
the income tax law Of England. In
urging that the states should vote for
the amendment to the constitution
permitting the levy OF direct income
tax without apportioning the proceeds
among the states according to their
population, the President declared
that 1t would be possible so to amend
the corporation tax as to include
within its scope every desired feat
ure OF an income tax except the levy
upon income derived from actual
salary and professional sources.
Direct Tax Only IN emergency
The President said he opposed d.
rect income tax except in cases OF
emergency and he believed IT to be q
prime fault Ia the fede-al constitution
that no provision is made for direct
levy to meet war time or other ex-
traordihary expense
Mr.. Taft declared that II was the
Supreme Court decision declaring un-
constitutional the income tax Law
passed by Democratic congress some
years ago that prevented the leaders
in congress during the recent ses-
sion :rom levysng upon bonds and
bondholdcrs. To tax bonds would re-
suit in the reduction Of the rate of IN
sercst which meets a direct YAK upon
the individual holders Of the honde
and would conflict with the cec,sio7
81 the court that m diFcc. tar could
be levied by the national government
withou, the resulting aprortionmeat
OF the proceeds among the states
Bare srgursrt on England.
The President based his argument
in favor Of toe corporation tax r.
compared to The direct income tsx. al
most entirely upon the results OF the
income tar in knsiand-
He Pointed out that the tar there e
rot direct lew sach As vas recent
" defeated In the senate only thrc1sh
compromise. bus TIA u laid tne
Tar upou he income b'.ors y cane
into the hands Of indIvidusi Th>
Enellsh tax = levied nrst on f'Fi-
bends n corporations. second O. rents