The citizen-Republican. (Scotland, Bon Homme County, S.D.) 1???-19??, 1910-09-08
TAFT GIVES VIEWS ON
THE YEARS. CAMPAIGN

| ~ saril1 In that particular OF caiIrsa.
ms VIII be impracticable unless congress-
itself h adopt the parliamentary rule
as I nope 1t will. that a bill to amend one
schedule OF the tariff may not be subject
10 q motlon TO amend by adding changes
81, at s, VIII thus be possible to take up a
Is Z pren SaIl, that a great majority. Of. each
eyldence. and to reach a fair conclusion.
and this method will tend to avoid dis.
rurning business conditions. For these
reasons It seems to me that ali repub-
ical-may well abide the situation with
respect to the tariff until evidence now
IN the rates; and that 1t is much better
Lor them to vote for republicans than to
heip create a democratic majority which
would be utterly at war with the protect
I've principle, and therefore would have no
use for the findings Of the tariff comrn!s-
s snlia; as we may certainly infer from the
sona democratic vote in the present con-
gress against the necessary appropriation
for the commission's work.
Results of Payne Law.
one great, virtue in the new tariff law,
lne aas the corporation tax, is, that
ministration, to keep down or reduce gov
ernmental~ expenditures and to reform the
Methods of collecting the customs reve-
pacity, turned a deficit in the ordinary
operations of the government of sos, 900, 600
LOT the year ending June 80, 1909. to a
ending August s, 1910, Of u.s. 200. 900. 'Ae From rom
q revenue standpoint, then, there can be
no controversy over the effectiveness Of
the new law. Increased revenue indicates
increased imports, and an examination Of
our imports during the past year will dis
CLOSE a most substantial increase In man
ufacturers' material. from which, in the
making Of finished products, whether for
expectation or home has
come a larger volume of employment for
| orr url Or an M 10 1-----
W and a greater consumption of the
products OF our farms and fabrIcations Of
our FACTORIES: So far, then, as such i'm
ton, they must be of benefit to ali. Cen
orally speaking, a full measure of indus
trial ACTIVITY In production, transporta-
operation of the new law. Under the
maximum and minimum provisions we
have concluded treaties with all foreign
nations. gaining the best possible terms
for entrance to their markets without
sacrificing our own. By the Payne tariff
law we have at last done Justice to The
those Islands the benefits of our markets
with such Limitations as to prevent injury
to our home industries.
Again, the present iaw In Its corpora
ton tax imposes q new kind of tax which
has many of the merits of an income tax.
It taxes success, not failure. Unlike a
actly collected, and by an increase or de-
crease in the rate enables congress with
eSactness to regulate Its income to Its
1t furnishes an indirect but effective
method of keeping the government ad-
v,sed as to the kind of business done by
useful and important changes in our rev.
enue laws, as the future will show. In
spite of the criticisms heaped Upon 1t at
It's passage. no party responsible for rev.
enues or anxious to retain every means
of legitimate supervision of corporations
VIII repeal 1t.
Interstate Commerce.
The next most important work of the
amendment to the interstate Commerce
bill. The republican platform favored
amendment 70 the interstate commerce
act with a view to giving greater power
to the Interstate Commerce commission
in regulating the operation of railroads
and the fixing of traffic rates, and alst
pervision as would prevent the future
over-issue of stocks and bonds by inter.
state carriers. After the adjournment OF
the congress at its extra session l invited
two of my cabinet and a membe of the
Interstate Commerce commission and a
member of congres to make recommen-
dations as to the needed amendments tc
the interstate mmer act. These gen.
tlemen reported to me, and In September
last, in q speech in Des Moines, I fore,
Swallowed their recommendations as ]
intended to make them to the congress
for the amendment of the interstate com.
MERGE act.
First, by the establishment of a com.
merce court; second, by empowering the
commission to classify merchandise as
g MTii as the 5e Iis ra te a is 9hi eiassg IS d lniha, ~ =
the Route by which his goods shall be
transported beyond the line OF the initia.
mission to consider the justicee or r in niit
tice of any rate without the complaint OF
initiation of a shipper; fifth, BY. empower.
increases of rates by carriers until the
commission shall have a ham to pass
npon the reasonableness OF the increase
sixth, by provisions for the federal regu,
lation of the issue of stocks and bond:
by interstate railways; seventh, by {
clause forbidding an interstate commerce
a competing, road; eighth, by a section
permitting the making of traffic agree.
ments between competing railroads limit
ed in point Of time ana subject matter
and subject to the approval Of the Inter
state Commerce commission.
These amendments were in accordance
ing. this recommended legislation, II
which, while the principle was main
5 as justice suggested. after a conferences
with all the parties interested. The bill
: was submitted to the congress and after
) a great deal of discussion both In tn
{ House and the Senate, 1t was enacted
into law, with many amendments which
did not materially change the effect o
the recommendations except to strike on
certain provisions promised in the repub
: lican platform, to permit traffic agree
ments between railways in spite of thu
antitrust law, to forbid one railway com
pany to acquire stock in a competin;
company, and to secure supervision b.
the Interstate Commerce commission o
the issue of stocks and bonds by inter
, state railways.
Fur this last was substituted a prnvi
/ sion authorizing the appointment of
: commission to consider the evils arising
z from the overissue of stocks and bonds
I and the methods of preventing sach evil
by congressional regulation. In additiol
to the purposes already recited accom-
{ plished by the bill. the so-called long an;
e short haul clause of the existing law
!, the one f~orbidding the charging of
/ greater rate for q less distance include.
in the greater distance. han for tn
: greater d~istance-was amended so as t
vest In the commission somewhat wide
discretion In enforcing the clause thsi
has been permitted by the supreme cour
decisions under existing law. Moreover
f Interstate telegraphs and telephones. a
: instruments of commerce, have bee
r brought within the regulation of the com
4 mission. The bill as at present in fore
: is an excellent bill. 1t is not enacted II
g a spirit of hostility to railroads, but /
e submits them to a closer and more eff
: fective supervision by the 1nterstat
$ Commerce commission to avoid injustic
: In their management and control.
The important part that railways pla,
as the arterial circulation In the bushes
: of the country, the 100000 of their EN-
f ployes and the 100000 Of their stockhold
- arc the Importance of their Dlrpha sin