The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1909-03-04
TAFT'S
INAUGURAL
ADDRESS
tconttnued rom pags {


10 meet % lie i5tli day 81 March III
order lint consideration may be at
once given % tilt revising the Ding
ley aet. Iiis should secure an abe.
quate reyelsiie aid dust tie duties ia
such q manner is % afIord a labor
and % al indus tiiies lii this country.
Whether of Tie farm, mine 81 tory:
protection 81 tafitf equal 10 The slillers
''ice petweeil die 6ost Of productioni
sprd'sd and st df rodticffon here
ana have pro- Isien which shall pnfi
Into force, mon Is centlye determine
tleI q certain facts d htgscs 81 maxi:
mum tallnt ilgaihst those countries
whose trade pole toward us eauitabIy.
reqniFes stah Discrimination. II 81
thought that there has been such a
change 80 cohdltioiis since the enact.
ment Of tlle DlilgIey act, drafted ON a
siniilarIy protective principle, that. the
measure of above stated viii!
permit the reduct ion OF tes in certntn
schedaies aud VIII require The ad.
vaneetaeilt Of few IL any:
The proposal 70 revise the tariff
niade hi such an Authoritative way as
q lead tie business community. to
count upon it necessarily halls all
those branches III business directly
affected, and as these are most Inn
portant Y disturbs the whole business
Of tie country tits imperatiyely nee
essafy therefore flat u tarlff bin bts
drstwn in coed faith IN accordance.
With promises made before the elec.
tien by the marty IN power and as
promptly Iassed as due consideration
VIII permit
Inheritance Tax Advocated.
III the making Of a tariff bill. the
prime motive Is taxation and the Sc.
curing thereby Of a revenue. Due
largely 70 the business depression
which followed The financial panic Of
1907. the revenue from customs and
other sources has decreased 10 such
an extent that the expenditures for
the current fiscal year VIII exceed the
receipts BY 800. 0O0, 900. 1t is impera-
i've that such a deficit shall not CON
thluei and tho trainers of the tariff
hin must Of course have in mind the
total.reyenues likely TO be produced by
Il and so arrange the duties us to Sc.
cure an adequate income. Should It be
impossible to do SO by import duties
new kinds Of taxation iaust be adopt
ed, and among these i recommend a
gradunted inheritance tax MS correc'
III principle and ms certain and easy OF
SELECTION .4.
Government Economy uraed.
T,o ,l;,,,, ticr. m 4be mart ~ those
rsS,,ISnsik,e nv th,. lyjSAnditi,res made
~. ~; Ma government Ia bc As
Economical 10 nosslble ana 10 make
the burden OF taxation us light as pos
y slbie IS plain and should be affirmed in
every declaration Of government pol
LEY. Thissis especially true when we
are face to face with a heavy. deficit
But when the desire to win the popu;
liar approval leads 70 the cutting of Of
expenditures really needed TO mako
the government, effective and to en-.
able 1t TO accomplish its proper objects
tie result lsas much to be condemned
iRs the waste of government funds 10
unnecessary expenditure.
In the department Of agriculture the
use of scientific experiments on large
scale and the spread of information
3 derived from them for the improve.
nlent of general agriculture must go
on.
1'he Importance cf supervising busi-
ness OF great railways and Industrial
combinations aud the necessary inyes.
tlgatlon and prosecution Of unlawful
business methods are another neces.
sary tax upon government which did
not exist half century ago.
p.o... -. e e....,;..,..
Il. r., 80, 80. =: -~ =
-" a...F ~ ~" .osse " iAMs !" tisn
. $3.50 ~ .e s" .,, N wv. :. ouf
:. W., 81 ~ 80 Ivy may W WIZ
- ~ =, . .I ,,o y. Wy .e1e.u1 soS.
"a ts'n'
NvtA - az 's s,''. ...'.or.Hs our iui
eses' ''l''' .us stea' l,roNe''ie''t u wa.
letM.,sS "Fe an lFpi,eF government
4uuCtlOuS WHICH, muSl luEuiNe !uFRe