CanÌƒon City record. [volume] (CanÌƒon City, Colo.) 1883-192?, 1909-09-16
PRESIDENT TAFT BEGINS
HIS WESTERN TRIP---ExPLAINS
BENEFITS AT BOSTON Meeting
Some Problems of Government Dculies Of Dealing With
Finances, Tariff, Interstate Commerce and Othes
QuestSons of Current Interest VIII Be
Diseased Duftng Trip West

Boston, ,Sept. 15.-President Taft
in addressing a banquet Of the Boston
Chamber of Commerce last night said
he was going to take his western trip
because he believed 1t would make
him a much more efficient president
and make him better acquainted with
the needs OF that great section. He
also outlined some of the matters to
be submitted to the next congress.
II am on the eve Of beginning a
journey of $4,000 miles," said Mr..
Taft, which will enable me to see
tens and hundreds Of thousands Of
my fellow citizens and enable them,
hope, to see me. Occasionally
on such a trip and what particular
good does it do to anybody?' Well,
it certainly is not going to be a
pleasure trip, although I shall enjoy
1t. 1t will involve much hard work and
a great deal of mental effort to think
of things to say and say them simp-
ly and clearly, SO that they can be
understood.
"On the other hand, it will certain
ly give me a much more accurate
impression as to the views of the
people in the sections which I visit.
1t will bring closely to me the needs
Of particular sections, so far as ma
tional legislation is concerned and I
believe it will make me wiser and a
better public ohicer.
II ought to be able to explain to the
people some of the difficulties Of gov
erpment and some Of the problems
for solution from the standpoint Of the
executive and the legislator AZ dis
tinguished from that Of the honest
but irresponsible critics. The person
al touch between the people and tAs
men to whom they temporarily dele
gate power. OF course. continues to
a better understanding between them.
A Tine Of Opportunity.
This Is the second week in 9sp-
tember. We are all ending our vaca-
tions and going home. This is the
time Of the year, rather than the flrst
Of the calendar year. when good res
olutions ought to be made-and kept.
as far as possible. This is the time
when, looking forward to the coming
again Of tho congress in December.
one must consider the needs of the
country 20 far as they may be re-
lieved by congressional legislation
and attempt to state what that legis-
lation should be.
The Financial Problem
"Our chairman has made some ref
erences to the number Of subjects to
which the attention of congress may
we'll be directed. In the first place
there is the monetary situation. while
1t Is probable that the vreeland bill
would aid US in case Of another fin
ancial crash, it Is certain that our
banking and monetary system II .
patched up affair which satisfies no.
body and least of all those who are
clear headed and have a knowledge
of what a financial system should
be.
"The matter has been referred by
congress to the monetary commits
sion. which has been studying the fin
ancial and banking systems OF the
great governments Of Europe and has
embodied and will publish in an inter-
| esting and attractive form the best
accounts OF the financial systems of
the world.
ut is quite apparent from the
statements OF Mr.. Vreeland, now the
head Of the committee on banking and
currency in the house, and from the
! conversations OF Mr.. Aldrich, chair
man Of the monetary commission and
Of the finance committee of the SEN
ate, that the idea of the monetary
commission is for some sort Of an ar
rangement for a central bank OF is
sue which shall control the reserve
and exercise a power to meet and
control the casual stringency which
from time to time will come In the
circulating medium Of the country
and the world.
"Mr. Aldrich states that these are
ftwo Indispensable requirements in any
plan involving a central bank Of IL
sue. The one IL that the control oi
the monetary system shall be kept
free from Wall street influences, and
the other that 1t shall be manipulated
for political purposes. These are two
principles to which We can all sub.
scribe. It II quite possible that thu
report Of definite decision may bs
delayed beyond the next congress