Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-08-24
This Is Opinion of President
Who Believes a Little Scien-
tific Revision Would Make it
More Satisfactory
TAFT SOUNDS KEYNOTE
OF COMING CAMPAIGN
Argument Regarded as Master
Iy Effort to Restore Harmony
Between Warning Republi-
can Insurgents and Regulars,


LHy MornimS Jonrnal spseini tAAss& Wtrsl
Beverly. Mass. Aug. 33--The fea-
ture of President Tafts keynote speech
for the congressional campaign be-
came known here today The presi-
dent will favor further revision OF the
tariff.
While he is stilt convinced that the
Payna- Aldrieh law Is The best law the
country has had np to this time, he
has az last reached the conclusion that
there is decided room FOR improve
ment
AR, TAFT dees not propose that busi-
ness shah be upset by another whole
sale revision but will recommend tol
congress-. that individual schedules inI
the tariff system to taken up separate
ly and be disposed Of on sicntificl
basis.
upon the findings Of the tariff com-I
mission rs 10 the cost OF production
at home and abroad only a fair
profit IS 10 be allowed by Amefican
producers "F'xtortionate and unrea~
sonable" profits the president declares
are to be tolerated no longer.
The president has outlined his posi-
tion in the letter he has sent to Re-
preventative Mckinley OF Illinois for
publication in the republican congress
sional campaign text book The let /
ter was mailed from Beverly Yesterday
The time Of making II public has been
left entirely to the committee
Political observers regard this move
as about the shrewdest that has been
made in the present administration
the insurgents aud regulars to get
offers an excellent opportunity for
together in the campaign and Presi-
dent Taft has been exceedingly anx-
lous to find ground upon which the
faction could meet without embarrass-
ments.
The principal fight Of the insurgents
was on some schedules of the tariff
bill President Taft is meeting them
more than half way in admitting that
Individual schedules need further rel
vision
Al the same time he Is backing up
The regulars in that he believes they
lid the best they could with the un-
reliable information that was in their
hands.
with the creation Of the tar!ffl
board nnder the Payne -Aldrich act
he president believes a way has beon I
opened to put the tariff ON scientific I
basis for the first time In the history /
~ the country
The objection has been urged upon /
he president that the opening Of an
Individual tariff schedule would mean (
he possible throwing open OF the en- /
ire tariff act
Mr.. Taft proposed 10 meet thus win {
he recommendation that before ana :
'ehedule taken up for further CON /
a rule shall be passed both I
~ the house and by the senate pro-
,jdine that emendmcnts to be certain i
,ehedule OF the tariff shall be In order a
ind that any amendments not ger h
name to that uurticular schedule shall I
,e out Of order. a
The president takes the ground that 4
I was impossible 70 revise tho tariff &
Immediately after the repu piltah
,1atforn was adopted and 10 revise AZ Is
he "a me tiftt on n hastE ga htAt ''t-'+ '
nee ia tire cost OF production az home h
md abroad lie beliyes that substan' h
iaI progress was made IN the Payne q
Aldrich act aud nov that the tarltI IA
has got It's inquiries vel u
.nder way. il soon will be possible TO- \
axe np the individual schedules and RI
evise them ou the basis declared Tor "
\ the party platform L
The president has already had two
onferences With y C. Emery et the a
ariff commission. The first of these p
.as on board the yacht Mayflower at :
.sr Harbor tate IN July and the sec u
nd was 81 burgess Point two weeks q
20. The president proposes to have IN
he entire tariff board meet him I,
ere in Beverly some time in septem- O.
CT 81
Sc
.. ~ 80 nrnf fAfrh TA