Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1909-09-21
Whatever the Tariff May Be,
President Says, Hepburn Bill Is
Ineffective Because Of Delays
Of Litigation.
FAvoRs A SEPARATE
TRIBUNAL OF FIVE
This Body Would Hear Disputed
ases-suggests Remedies Also
for the Present Anti Trust
Law.


DIES MONIES. Iowa, Sept @-Pres-
fdent Taft spent a little more than four
hours in Des Moines today. and made an
open air address to an immense crowd
gathered from all the surrounding coun-
try. in which he discussed In detail the
changes he viii recommend 10 congress-
IN the interstate commerce and anu
trust laws.
He announced that he would urge the
establishment OF an interstate COM
rlferce court Of FIVE members to consider
appeals from rates fixed by the Interstate
commerce commission.
He will also recommend legislation TO
prevent one interstate railroad company
from owning stock in competing line
and compelling roads thus owning stock
20 dispose OF their holdings within CIV
en- time.
Legislation to prevent the overissue OF
stocks and bonds and the watering OF
stock viii be strongly recommended
the presidents proposition being that no
stocks or bonds shall be issued except
b. permission OF the interstate commerce
commission after an INJURY has. been
made into their necessity.
The giving to shippers Of the choice OF
routes III the shipment Oh freight Is an
ether important provision which the
president favors.
The president declared he knew OF no
way IN which a distinction could be
made between good" and bad" trusts.
He discussed the proposal TO except la
Dor unIOnx and farmers organizations
from the operation OF the antitrust law.
To specifically except these organiza-
tons. he declared. would be vicious leg
fsiation. but he pointed a way in which
they could be relieved Of some Of the
orerous restrictions now placed upon
them. He held them 20 pe amenable TO
intunctions.
THOUSANDS GREET HIM.
President FTaft's train over the Chicago
Great Western railway, arrived here
shortly before o'clock this morning from
Msnneapolls- Thousand OF people had
xathered AZ the Union station 70 bid the
nations chief welcome, deafening cheer
greeting him a. he stepped from his pri-
xate car.
re president was taken IN clsarss- by
= committee from the Des Aoines Com
mercial club. In automobiles following
the presidents. rode Senators Joseph p.
noliiver and Albert B. Cummins. John
Hayes Hammond. Governor Carroll and
state and city officials.
Twenty automobiles accompanied the
president through the main streets
which had been rOped on TO prevent IN
due crOwqng.
CUMAEINs HIS HOST.
President Taft was entertained at
breakfast In Senator Cummius' home, 10
which had been invited men prominent
IN Republican politics in Iowa After the
reception the party re-entered automo-
nlIes. and proceeded TO a stand opposite
the state capitol. where for an hour the
president reviewed 500 federal troops
The soldiers, consisting OF cavalry. in
fantry and artillery from all over the
west, were under the command Of Brig
Gen. Charles E. Morton. commanding the
department OF the Missouri.
After the review the president deliver
ed a 15-minute speech.
Faultiess weather made conditions
ideal for his reception Hundreds filled
the roofs surrounding the capitol square
and the great space in front Of the state
house was sOlidly PACKED.
Though urgently requested to attend the
army maneuvers at the State Fair
grounds. President Taft was compelled
70 decline. Instead he proceeded to the
Rock Island station. where his special
train was waiting TO carry him to Oma-
ha. his next stop
The following Is the full text OF Pres
fdent Tafts speech. in which he favors
an Improvement on the present rate
law: