Omaha daily bee., 1909-10-15
Reviews Work of Party in Congress
and of President Taft.
HAYWARD ON STATE ISSUES
Democrats Coming Forward with
HypOcritical NOnpartisanship
LAST LEGISLATURE REV. &
Rank Partisnnship of It's Every =
Set Forth I'm strong Terms L
the Republican state
Chairman.

hEAftNElt NeD.s OCl l4.-NSpeCtal Tele-
grant, lover 300 republicans assembled at
the Midway hotel tonight to partake of
the big dollar dinner and to listen to
speakers from all over the state. The de-
mand for places at the tables far exceeded
the supply. Judge Jacob Fawcett arrived
at noon. Among the other speakers who
are now in the city are Senators Brown
and Burkett and Chairman Hayward of
the state central committee: Editors Victor
Rosewater ot The Omaha Bee and Win
Owen Jones OF the Lincoln State Journal
State Treasurer Brian. Superintendent
E. c. Bishop and United States Marshal
Warner are also here for the big feast
Ex-Governor George Sheldon wired from
wayside, Miss. that he was unable to
attend, but sent his greetings to the re-
D@EStcans and says: Vote for a county
and state victory" Congressman Kinkaid
also wired greetings and regrets that he
was unable to attend
Senator Brown welcomed the guests from
over the state and Congratulated the re-
publicans from Buffalo county on the pres
ence of the distinguished guests. He called
their attention to the fact that Buffalo
county was the county in the state which
last year showed the largest gain for Gov
ernor Sheldon. He asserted that it is a
habit with the Buffalo county republicans
TO sustain the public officials who stand
for better things and who keep faith with
the party. That is the reason they stood
for Sheldon and that is the reason today
they stand for President Taft. Among
other things he said:
Mission of Parties.
Political parties are the only respon-
sible agencies the people have in a repre-
sentative form of government During the
LIS years this republic has been doing busi-
T..
fectlng the public policies of the nation
can be found except In obedience to the
command of some political party. yet no
one will contend that any political party
was ever perfect. Parties must be judged
by their general character. The good re-
pute OF the republican, party is due to the
fact that 1t has stood on the whole In
the state and nation for better things 1t
has undertaken to meet and solve the live
questions OF the hour and to bear the re-
sponsibilities with large regard for the
public welfare and the good OF the coun-
try. Republicans should insist that the
party continue TO deserve the confidence
and respect OF the people. Unless It de-
serves II, Il will not receive the support
of the people. The fact that at times
republicans differ among themselves about
details OF legislation on some subject is
the best guaranty the public has that the
best results are likely to come from the
discussion arising from the disagree
ments."
He also emphasized the tariff commission
provision OF the new law and endorsed
with unqualified enthusiasm the tax on
corporations put in the new tariff law at
the instance of President Taft On that
subject, among other things, he said:
THE other provision which is Of immense
importance TO the public is the provision
providing for the tax on corporations. The
theory of the corporation tax is that the
corporation owes the government some
kMng for its charter and ITS privilege Of
doing business. An Individual has the right
to do business without first obtaining per-
mission from the government. but a cor
poratlon has no right to exist unless it Is
first authorized to do so by law. The
right 10 exist carries with II the right to
do business. which is a valuable right, and
the theory Of President Taft and congress
was that this right was taxable.
Cooperation Tax Record.
While you remember that the corpora
uon tax suggested by the president met
the opposition OF many republicans espe-
cially those from New England and of the
united democrats, yet when the roll was
finally called in the senate on whether or
not this corporation tax should be made
a part Of the new tariff law all the re-
publicens but five voted for 1t and all the
dsmeerats against It but two To the tax
on the corporation Is added another pro-
vision OF very large Importance to the peo-
Pile The additional provision requires the
corporate 2 report to the government It's
stock and 81 value thereof. it's stockhold-
ers and who they are. its earnings and
where they come from. it's disbursements
and where they go. The effect of this pub
Iicity feature Is, first, that minority stock
holders know just what the fellows in con-
troll OF his corporation are doing how much
they really earn. how much they really
disburse and what the disbursements ar,
for With this Information the minor stock.
holder does not need to be at the mercy
OF the majority. But this Is not the only
value Of the publicity feature. Its still
greater value to the public is that stoI
is put to stock watering and stock job
bins. The criminal manipulation in stocks
is put out Of business by this law The
law let's in the light on corporations. Light
Is what the public wants. Dark Lantern
Concerns cannot live under the law"
One Republican Governor.
Lieutenant Governor Hopewell was intro
dueed by Senator Brown as the only gov
,rnor Nebraska has worth mentioning
Mr. Hopewell confined his remarks to laud
ms republican policies and past commend
able actions Of republican legislators. He
also criticised the democratic view OF q
non-partisan judiciary, Further. he ex
pressed his pleasure at learning that th'
democratic party and decency were shak,
ing hands,
Senator Brown remarked later that thS
hAnd-shake was farewell shake.
William Haywerd was introduced b,
Senator Aidrieh OF David city and spok,
On The Legislature OF 1907" laying th,