The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1910-02-13
Mr.. Taft Delivers an Important Speech Before the
New York Republican Club at the An
nual Lincoln Day Dinner.
PARTY PLATFORM AND IT'S PLEDGES
Declares That the Administration is Doing All
II Can 10 Carry Out the Promises Made
to the People by the Party.
Principal Features Of the Presidents

Principal Features Of the President.
Speech.
TRUSTS-.'If the law is not consist
ent with present business methods
business methods must be made con
sistent with the law.
TARIFFL"Th Payne -Aldrich bill is
a downward revif,ion on necessities
and the best tariff, measure ever active
in this country"
POSTAL SAVINGS BANKS" Such
hanks can be constitutionally estab-
lished. II the republican party does
not accomplish this it must face
charges of bad faith
FEDERAL incorporation =
Save Interstate business from state
harassment and protect the public
through unified federal control"
RAILROADS.&C. watering of
securities, and empower a com mission
to regulate rates for benefit of pub
lic.''
INJUNCTIONS-. Require that no
federal cour injunction shall issue
without full notice and hearing, unless
to prevent irreparable injury and in
such case 10 extend only five days be.
fore hearing
CONSERVATION. -"Re classifcaH !,
of public lands ac eording to their
greatest utility ana yes. in the execu
tive power to dispose of coal. phos
phate, oil and mineral lands and water
power sites to prevent their uonopoiy
by syndicates.
II these measures to which have
referred are enacted into law and the
pledges of the republican party PR
formed there would seem no good rea
son H-hv the party should not received
renewed approved in the coming con
gressional campaign
TAFT.
TGate City Leased Wire Service
NEW YORK Feb 12-Little hope
for Illegal combinations and law.break.
ing trusts is held out by President
Taft. who. in his sneech at the New
York Republican clubs Lincoln day
dinner tonight. declared that IF the
enforcement of law is not consistent
with the present methods of carrying
on business. then the business meth.
ods must be changed to conform with
the law. .
A ringing eulogv of the Payne-Ald
rich tariff law and detailed defense
OF present administration occupied q
great part of the lengthy speech. The
president went over the republican
party platform of 1903. plank bv plank
and pointed out how step by step the
administration was working toward q
fulfillment of its pledges. He took the
stand that the Payne bill contained
a substantial revision of tariff aat
quoted statistics to prove that. enc,
the law went into effect there has beer
considerable decrease in duties.
Cost Of living.
But the president admitted the tai
! # law is going to be blamed by tn
democrats for ti,e cost of living. whicl
will be, he admits. vital issue Il
the congressional convention next fal
and we must not be blind to TIL
weight Of such an argument, he toll
the republicans After a lengthy al
gument intended to prove that tn
Payne-Aldrich bill was the best tari
law ever inaugrlrated IN the Unite
States. the president proceeded to th
idividual pledges of the platform c
l9OS. then without mincing words. h
took I'M Wall street and the trust.
Fhe sroech undertook to answer til
food of questions and criticism whic
has been deluging the country relativ
to the success of the Taft administrs
ton On tho Wall street subject. tn
president said:
From time to time attacks ar
made upon the administration on tn
ground that its policy tends to Great
panic in Wall street and to distur
business. All have to say upon tina
subject is this: That certainly no on
responsible for government like our
would foolisbly run amuck in busines
and destroy values and confidence Jus
for the pleasure of doing so. No on
has a motive as strong as the admins
tration in power to cultivate an
strengthen business confidence an
business prosneritv. But ii does res
with the national administration t
enforce the law. and If the enforce
ment OF tina law is not consistent wit
the present methods of doing bushes
o. en- 1t, does not speak well for tn
present methods of conducting bus
ness and they should be changed Il
conform with the law There was n
promise on the part Of the renublical
party to change the antitrust law. ez
cept to strengthen it or to autboriz
monopoly and suppression of CON
petition and the control Of prices, an
those who look forward to such
change cannot visit the responsibilit
Tor their mistake on innocent persons
or course, the government at Wash