Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1909-03-05
TAFT WOULD CURB
THERAGIALF FEELING
IN AWARDING JOBS
President Says Communities
Protests Against Blacks Must
Be Considered As Far AS
Possible.

WASHINGTON. March 4-The follow
gnr i the sDeech OF President William
Howard Taft. accepting the oath OF Of
flee:
Ny Fellow Citizens:
ANY one who takes the oath have just
taken must feel a heavy weight or re-
sponsibility IL not, he has no conception
OF the powers and duties OF the once upon
which he is about TO enter, or ne Is lack
ing in a proper sense OF the ooiisauon
which the oath imposes
The once OF an inaugural address Is 70
give a summary outline Of the main poll
cies OF the new administration, so lar as
they can be anticipated ] have had the
honor TO be one OF the advisers OF my us
rfnguished predecessor. and as such, 10
hold ND his hands in the reforms ne mas
initiated I should be untrue 10 myself 10
my promises and TO the declarations o.
IRE rarty platform upon which was elect
ed TO once. II I did not make the main
tenance and enforcement Of those reforms
a most important feature Of my admin
istration. They were directed TO the sup
preston of the lawlessness and abuses OF
power OF the great combinations OF capital
invested In railroads and In Industrial en-
ferprises carrying on interstate commerce
The steps which my predecessor took and
the legislation passed on his recommend
alton have accomplished much. have
caused a general halt in the vicious pol
icfes which created popular alarm, and
have brought about in the business af-
fected, a much higher regard for existing
law.
New Laws Needed.
To render the reforms lasting, however.
and to secure at the same time freedom
from alarm on the part Of those pursuing
proper and progressive business methods,
euF- -nw-A i've
are needed Relief OF the railroads from
certain restrictions 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 legisla-
tion looking TO a proper federal supervis-
ion and restriction to prevent excessive
issues Of bonds and stock by companies
owning or operating interstate commerce
railroads.
Then. too. a reorganization OF the de-
partment OF justice, OF the bureau OF cor
porations in the department Of commerce
and labor, and OF the insterstate COM
merce commission. looking to effective CO.
operation OF these agencies. is needed to
secure a more rapid and certain enforce
ment OF the laws affecting 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 ex-
ecutive departments concerned in their
enforcement
II is believed that with the changes to
be recommended. American business can
be assured OF that measure OF stability
and certainty in respect to those things
that may be done and those that are pro-
hibited- which is essential to the life and
growth OF all business. Such a plan must
include the right Of the people to avail
themselves Of those methods OF combining
capital and effort deemed necessary to
reach the highest degree Of economic eff
ficiency. at the same time differentiating
between combinations based upon legiti-
mate economic reasons and those formed
with the intent Of creating monopoIies
and artificislly controlling prices
Will Call Extra Session
The work OF formulating into practical
shape such changes is creative work Of
the highest order. and requires all the de-
liberation possible in the interval. I be-
heve that the amendment to be proposed
are just as necessary in the protection
of legitimate business as in the cIinching
Of the reforms which properly bear the
name OF my predecessor.
Revision of Tariff
A@1NNGA "a AAAAcN - NcoAAAE p0INdnCE
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 18TH
day OF March. in order that consideration
may be at once given TO a bill revising
the Dingley act. This should secure an
adequate revenue and adjust the duties
in such manner as TO AFFORD to labor
and to all industries in this country,
rrhefher Of the min ar
protection by tariff equal to the difference
between the cost Of production abroad
and the cost OF production here, and
have a provision which shall put into
force. upon executive determination OF
certain facts. higher or maximum tar
fin against those countries whose trade
policy toward US equitably requires such
discrimination II is thought that there
has been such a change in conditions
since the enactment OF the Dingley act