The Washington herald., 1911-07-04
.TAFT'S ADDRESSES
BOOST REFORMS
Arbitration and Sound Cur
rency Are Subjects.

Soldiers Home, Marion, Ind, July B.
President Taft spoke on arbitration and
currency reform to the Hoosiers to-day.
He was the guest of the town Of Marion
in particular, but all Indiana Joined in
the welcome. Enthusiastic crowds greet
ed him at every station along the route
Of his journey and he was interrupted in
his work on his speeches every little
while by calls for a speech.
He made short addresses at several
places from the platform Of his car and
chatted with the people who gathered to
greet him at every stop.
The heat was intense; the thermometer
In the Presidents car registered over 100
degrees. The President, however, stood
1t remarkably well.
AS to currency reform, Taft spoke
plainly in support Of Aldrich's plan and
urged a careful consideration Of 1t by all
classes Of men as the most important
of these very important issues''-reci-
procity, arbitration. and currency reform.
This address was before the Marion
bankers and editors tonight.
In an address before the Marion SOL
diers' Home on arbitration he declared
the five wars in which this country has
been engaged could have been avoided
by arbitration; pointed out five instances
and made partial claims for others in
which the United States by urging arbi-
tration had prevented war between South
American countries; urged ratification by
the Senate of the proposed Honduran and
Nicaraguan treaties as helpful to the es-
tablishment Of stable governments in
those countries, and ended with a reply
to Col Roosevelt's criticism of arbitra-
ton Of questions involving national hon.
or, that a country should not bind itself
to a future acceptance of a tribunals de-
cision In cases where a peoples enraged
senses would prevent their abiding by
the courts award by saying: II can see
no reason why we may not have moral
courage enough, in spite Of our impulse
to the contrary. to submit such Ques-
tons to en- impartial tribunal and await
it's judgment"
War Brought Progress.
Telling his veteran audience that they,
by Renaissance, suggested war and war
suggested its counterpart, Mr.. Taft con-
tinued:
not in times past accomplished much in
same progress mis8t have been achieved
in a more peaceful way 1t is unnecessary
to discuss; probably not
II am not a wild enthusiast or a blind
optimist. do not look forward to a COM
plete restoration Of peace which can
not be disturbed in the world even II ar
bitration treaties are adopted. Morality
Of nations improves only step by step.
and so the making and confirming Of
these treaties must be regarded only as
a step, but as n very long step toward
the securing Of peace In the world
ITO you men who have seen war, to
you who know its horrors, I appeal fer
the support Of every. practical instru-
ment like this iu making wa less pos
sible and peace more permanent"
The President spoke on currency re-
form before gathering Of members OF
the Indiana Republican Newspaper As
ISOLATION and OF the Indiana Bankers
Association. His address covered about
the same ground as the one he made be-
fore the New York State Bankers As
sociation at Manhattan Beach q short
time ago.
He urged consideration Of the AldricA
plan without prejudice and emphasized
its Importance to the farmer securing
Garner and business man as we'll as to
the capitalist.
Injustice II Done.
Congress and the national govern
ment are made responsible for a great
many conditions prevailing among the
people with which they have nothing
whatever to do. It is not good logic, but
it is human nature, to charge the prevail
ing government with responsibilities for
bad crops, for bad business, for the un-
equal distribution Of property and COM
forts, for many OF the defects OF society,
and for many OF the ills that flesh is
heir to. But the government is directly
to the people for the condi-
ton Of business when II is seriously in
Jured by defective monetary and bank
ing system.
II do not know Of any function Of great
er, the business man, the manufacturer,
the banker, and the capitalist, exercised
by the government after the preservation
Of law and order and the maintenance of
liberty and rights Of property, than the
duty Of the government to furnish to the
people a banking and currency system
which shall give them a constant and un-
medium for the measurement of
values and the interchange of products
that shall enable business to proceed in
a normal way and without the embarass-
ment due to monetary panics."
The President left Marion tonight for
accompanied by ex-vice
President Fairbanks, whose guest he is
to be tonight. Tomorrow the President
will celebrate the Fourth with the city
Of indianapolis.