The Wenatchee daily world. [volume] (Wenatchee, Wash.) 1905-1971, 1910-08-25
TAFTFAV0RSA
REVISION Of
TARIFF
Will Recommend That In
dividual Schedules Be
Taken Up.

Beverly, Mass, Aug. 25.-Presi-
dent Taft's keynote speech for the
congressional campaign became
known here today. The president
will favor further revision of the tar
iff
While he is still convinced that the
Payne-Aldrich law is the best tariff
law the country has had up to this
time, he has at least reached the con-
clusion that there is decided room
for improvement.
Mr.. Taft does not propose that
business shall be upset by another
wholesale revision, but will recon-
mend to congress that individual
schedules in the tariff system be
taken up separately and be disposed
of on a scientific basis. The new
revision is to be based upon the find
ingS of the tariff commission as to
the cost of production at home and
abroad Only a fair profit is to be
allowed the American producers.
Extortionate profits. the president
declares, are to be tolerated no long
err.
The president outlined his position
in the letter he has sent to Repre-
sentative Mckinley of Illinois for
publication in the republican con-
gressional campaign text book. The
letter was mailed from Beverly yes
terday. The time of making it pub
lie has been left entirely to the COM
mittee.
Move Regarded Shrewd.
Political observers regard this
move as about the shrewdest that has
been made during the present admin
istration. 1t offers an excellent OPP
portunity for the insurgents and
regulars to get together in the cam
paign and President Taft has been
exceedingly anxious to find ground
upon which the factions could meet
without embarrassment.
The principal fight of the insur-
gents was on certain schedules of the
tariff bill. President Taft is meeting
them more than half way in admit
ting that individual schedules need
further revision.
At the same time he is backing up
the regulars in that he believes they
did the best they could with the I'M
reliable information before them.
With the creation of the tariff board
under the Payne-Aldrich act, the
president. believes way has been
opened to put the tariff on scientific
basis for the first time in the his
tory of the country.
The objection has been urged upon
the president that the opening of an
individual tariff schedule would
mean the possible throwing open of
the entire tariff act. Mr.. Taft pro-
poses to meet this with the recon-
mendation that before any schedule
is taken up for further consideration
a rule shall be passed both by the
house and by the senate providing
that amendments to certain sched-
ule of the tariff shall be in order
and that any amendments not ger
man to that particular schedule
shall be out of order.
Time is Now Ripe.
The president takes the ground
that it was impossible to revise the
tariff Immediately after the repub-
lican platform was adopted and to
revise at the same time on a basis
of the difference in the cost of pro-
duction at home and abroad. He be-
lieves that substantial progress was
made in the Payne-Aldrich act and
now that the tariff commission has
got it's inquiries we'll under way it
soon will be possible to take up the
individual schedules and revise them
on the basis declared for in the party
platform.
The president has already had two
conferences with H. C. Emery of the
tariff commission. The first of these
was on board the yacht Mayfiower
at Bar Harbor late in July and the
second was at Burgess Point two
weeks ago. The president proposes
to have the entire tariff board meet