The Cairo bulletin., 1910-02-13
TAFT ANSWERS WALL
Concluded from First Page.)

the postal savings bank funds wou1'
easily enable it to meet Secondly,
the funds are arbitrarily deposited Il
all banks. state and national withou
national supervision over the stat
banks. and a panic were to come, j
is difficult to see how the goyernmea
could meet its obligations TO the pos
tai savings bank depositors, becaus,
with every bank suspending payment
I the funds of the postal savings banks
would be beyond the control of tht
government, and we would have {
financial disaster greater than any
panic we have heretofore met"
Taft quoted the platforms declara
I lions for the enforcement; of the sta
| tutes against railroad rebates and
Determinations and amending the in
terstate commerce law so as TO make
traffic agreements subject to the com
Missions approval and preventing the
over issue of stocks and bonds. Tart
said
The bin to carry out these declare
tions has been introduced in both
houses, with every hope or enactment
The measure goes beyond the palt-
form in empowering the commission
to regulate rates and facilitates the
ease of supervision to secure the rail
roads compliance with the rights Of
the public and shippers,
Issuing Of InIunctions,
| Concerning the platforms sugges'
ton 10 prevent the issuance of injunc-
tions by federal courts without notice
Taft said:
"A bill to carry ont exactly this
promise was introduced in Dotn
houses. 1t does not go as far as
Gompers and the American Fedora
ton of Labor demand, but as far as
, the Republican convention was Will
ing to let it 60 1t requires that no
! injunction be issued without fun no.
tice of hearing, unless it prevent ir-
reparable injury"
Concerning the Platforms endorse
ment of the conservation and wafer
ways improvement movements, me
president said:
Conservation--Wate
Measures for the conservation of
public domain, Redistribution OF
lands, authorizing the executive TO
dispose OF coal, phosphate, oil and
, mineral lands. and WAGER power sites
| in such way as to prevent monopo-
lies, or combinations, have been in
troduced, and doubtless will be en-
acted The rivers and harbors bill
was framed with view of complying
with the conservation prank. 1t plans
that the Improvement Of the Ohio
river as a project to he carried out
in certain number OF years, and
treated the projects for the Missouri
and Mississippi similarly BY con
tnuing contracts these projects viii
go on until completed This change
is the result of the popular agitation
III IdNbl VI. SNCIl Il oN StEEi,
To Curtaii Expenses.
AT the beginning of this admins
uation it was evident with the ex.
pense increasing and revenues de
creasng that there would be con.
tinuous deficit. This the Republican
majority in congress proposes to meet
by reducing expenditures and increas-
ing the revenues. The administration
estimates for the coming flscal year
were forty million dollars pefow S;i-
actual appropriations the year before,
and it Is proposed to appoint a joint
commission to examine the organize
ton of the various departments and
bureaus and decrease the regular per-
manent past government operation
With respect to the platform decla-
rations for greater supervision ant
control over and greater publicity in
the management of monopoles, Taft
said:
The prosecution OF the Tobacco
and Standard Oil trusts has resulted
in DEGREES in the courts or appeals
now are pending on appeal to the su-
preme curt. The DEGREES IN each case
tear apart the congerIes of subordi.
nate corporations when make up the
trust, and enjoin individuals from fur.
Their maintenance of Illegal combina.
ton.
Live and Let Live"
1T has been said that the Republl-