New-York tribune., 1910-02-15
4 = rom III. Tribune Bur-sr
Eehrua-

FROM III. Tribune Bureau .
Washington February u
THE PREsrDFS-r.s SPEECH - The
speech delivered in New York on SATURDAY
eHins ny President TAFT vas a'fi'7' r'i
chlef topic Of discussion in political CIR
to-day It's remarkable frankress IN dis-
c'ss'ns the politicai situation was se"ef"i'S
commented on ana =, the main tavoranty.
X Is clearly recognized that Mr. l ait IL NOT
4 pohrician. and il is believed JUST ss wei
lor 'he country 70 recognize thaI i7S'' So
thai X VIII not be surprised At MS per iecC
SeHoor or expect him TO frame uP 10
il'fcaI combinations. II is generaiS Iolr
mat the Presidents presentation OF 'he
tarlf situation does him and his nlotNes
lar greater justice than die his Nlhona
speech. where ne spoke TO consloeranie
extent Under The influence Of local condl-
tons In his comment on the Tarifr Board
ard his purpose TO utilize II To ascertain
facts essential to just and accurate re-
vision even the insurgents find much
ground for satisfaction.
TAFT BACKS ROOT-President Tafts
advocacy Of the Root amendment TO the
postal savings bank bill in his New York
speech is the occasion of some anxiety TO
the chief supporters OF that measure. be
cause they fear that the adoption of Mr.
Roots proposition will retard the enact
nent of the nea sure. This is not because
ma Jority Of the Senate doubts In the
least the wisdom OF the amendment OF the
Senator from New York. but because
number OF the Insurgent Senator's are op-
posed 10 it on the ground that it will be
unpopular in their states. They have
promised their constituents. and especially
the local bankers, that the funds deposited
rfsa
in the banks il the localities in which they
have been collected II the Root amend
ment is adopted large portion of the pos
tai deposits Will be utilized to take Up the
S1oo,0o0. .oo0 per cent bonds. instead Of being
reGeposite1 In the local banks. on the
other hand. II is realized that the adoption
OF the proposition Of the Senator from New
York will go far to obviate the danger OF
an adverse judicial decision on the constitU-
tionaliry Of the measure
POSTAL SUBVENTION.-Sen Gal
linger purposes 10 introduce in the Senate
a postal subvention bill which Will be
practically the same as that which passed
both houses year or more ago and
defeated in the closing hours Of the ses-
sion by q flibuster 1t is generally rec
ognizeJ tha- d simple subvention bill will
House than the more complicated Hum
phrey measure. which because of its ad-
Gitioual provisions for a tonnage tax and
for free ships has made enemies among
those who would Willingly vote for
simple postal sabyention measure Senator
Smoot- who favOrs the free ship PROPOSE
tion, introduced a bill granting American
registry TO foreign ships purchased by
Americans within a year and used only
for Jransoceanic trade. This measure may
pass the Senate. but il is believed it viii
fare badIs in the House
FEDERAL Incorporation Sem
ate judiciary Committee considered the
administration bill for federal incorpora-
ton informally to-day and reached a ten
rative decision TO the effect that when il
is formally taken UP il shall be by the
full committee and not by q sub-commit-
tee No decision was reached, however,
as to how soon serious consideration by
the full committee should begin. The
Repu ublican leaders are disposed 10 believe
that unless the President lends 10 this
measure the full weight of his influence
= will stand little show Of enactment at
this session. and the President, as he said
IN New York, is not prepared 10 adopt
that course On the other hand he re-
CARDS il as quite possible that following
the decisions Of the Supreme Court in
the Tobacco Trust and Standard Oil cases
there will De popular demand for the
federal Incorporation measure not now
generally foreseen-
ANTARCTIC EXPLORATIONS - Com
mander Peary called on Secretary Meyer