The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1910-02-11

President Taft's speech at the annual
dinner Of the New York Republican Club
at the Waldorf Astoria tomorrow night
viii he IN the nature Of a message to
the big financial and industrial interests
Of the country.
While the President will adhere TO
what he has said in previous speeches
In which he recommended a Federal in
corporation and amendments 10 the In
terstate commerce Law. he will endeavor
10 make clear he has not started to run
amuck in the business world.
he put In most Of yesterday afternoon
on the speech. and apparently desires to
have 1t given the widest publicity.
It was explained yesterday that while
the speech would not AFFORD comfort TO
Illegal combinations Of capital, there vas
nothing in it to make legitimate bust
ness combinations shiver with fear Ac-
cording to what the President has said
to visitors recently. his, attitude toward
the trusts has not undergone a change
since his explanation Of that attitude in
mis- message Of January Z.
Convinced by Conditions.
From what became known yesterday, it
is apparent the President would not have
regarded II as necessary to reiteTate his
IDEAS with respect 10 capitalistic COM
binations If recent developments had
not convinced him that, in spite OF all
he has said, business interests and a good
many people who are in favor Of war
- .~--r4e Il, not ,.,gere4ard tha y,ft~
poses Of his administration.
There is ample reason for believing the
President has come TO the conclusion that
state Of political hysteria apreyails In
parts Of the country where the idea is
widespread that he should go after trusts
hammer and tongs without regard to the
| consequences That he has no sympathy
with the propaganda for an indiscrimi-
nate crusade that might result in up
| setting business conditions is obvious, and
/ It is believed that in his speech ne will
not hesitate TO pay his respects TO those
whose antitrust views are not tempered
| by reason or a regard for the business
| prosperity OF the country.
| President Taft is considering the ap-
pointment OF James A. Fowler. OF Ten
nessee. an Assistant Attorney General in
the Department Of Justice, TO succeed
Wade II. Ellis. the Assistant Attorney
I General. who has resigned 10 become
( chairman of the Republican State eXecu-
tive committee OF Ohio. Mr.. Fowler has
been connected with the Department Of
Justice for two years.
Selection of Candidate.
When the President goes 10 New York
/ tomorrow he IS to get together with most
OF the party leaders, and, II was said
I yesterday, may participate in the tenta-
/ tive selection OF a man 10 run for the
goyernorship. The President, It was made
known. will attend a reception at tie
home Of Lloyd c. Griscon. recently
( elected president of the New York County
/ Committee. at which most OF the Repub-
lean leaders are expected. II had been
4 Mr. Taft's intention 10 be the guest o!
Mr.. Griscom. but It was decided within
a few days that he would go TO his
4 brothers home, instead.
/ Gov Hughes. according TO the informa-
1 ton here. is 70 be present at the Griscom
/ reception. and it was iBtimated that the
/ President and the State leaders are anx-
I ious 20 have a man selected 10 make the
/ gubernationaI race who will suit Mr..
/ Hughes as we'll as Mr.. Taft.
/ President Taft. who is 10 open the mass
meeting Of the George Washington Me
mortal Association In Continental Hall
next month, was acquainted with the pro-
gramme Yesterday by Dr. George NJ
! Kober. member Of the committee on ar
Irangements, who called at the White
/ House.