The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1912-08-08
Chief Executive De-
livers Keynote Speech
OF the Campaign
DEFINES THE ISSUE
Says Paramount One is Main
tenance of Institutions
Against Clamor


republican committee, led a disting-
nished committee of republicans to
the White House today. and when
President Taft Joined them on the
portlco, they notified him that al the
republican national convention held
IN Chicago IN june he was named by
that party as its standard bearer dur
ms the Presidential campaign in
1912. Four moving picture cameras
took views OF the scene.
MIR. Taft himself arranged to have
The notification made at the White
House, because here he could conven-
lCntly entertain the members at the
notification committee afuerward.
Airs. Taft and the chtidren came
down from their sumner home at
Beverly to attend the ceremonies.
Gathered N the cas- roo of the
White House, President Taft deliv-
cred his speech of acceptance to the
committee, and distinguished Re
nublicans from all parts of the
9ry. Among the principal things in
Ais address, MIR Taft reviewed the
record of his trust prosecution, en-
~deaVorinS to show how the policies
he had planned have been best for
the country, although they have
been opposed by some OF the big in
terests OF Wall street. The Presi-
dent does not believe thai he has so
antagonized the big financial inter-
ests OF the country that they Will pre-
fer either Governor Woodrow Wilson
or Colonel Roosevelt to him as Chief
Executive of the COUNTRY
He also laid stress on the tariff,
predicting general business disaster
for the country should the tariff
plank adopted by the democrats at
l'altimore be enacted into legislation.
1t is said that he hopes by today's
speech of acceptance to force back
INTO the Republican fold those who
heretofore have not beer entirely
satisfied with Republican achieve
nle.lts.
Mr.. Taft was particular in issuing
Invitations for the notification meet
Ing to include many politicians who
have shown an inclination to favor
the Roosevelt movement. These he
will entertain with the regular Re
stress viii be brought upon them to
unite with the party to make the fall
campaign q success. Mr.. Taft hopes
Today to do much to offset the effect
of the Bull Null national convention
which %convenea at Chicago next
Monday. Vice-President Sherman
VIII be told at Utica.
Mr.. Taft said in part:
I'm the ultimate analysis, | fear,
n equal opportunity which those
seek who proclaim the coming of So
called social justice involves a fore
ed division OF property, and that
mean socialism. In the abuses of the
last two decades it is true that ILL
gotten wealth has been concentrated
IN Some undescrving hands, and that
II it We're possible to redistribute it
ON any equitable principle to those
from whom it was taken without
adequate or proper compensation 1T
would be a good result to bring
about. But this is obviously impossi7
bic and impracticable. All that can
be done is TO treat this as II incid-
entail evil OF Il great expansive move
ment in the material progress OF the
world and to make sure that there
Will be no recurrence OF such evil. IN
this regard we have made great pro-
y tSS illl lclOl III, do III lCSPCRI w
secret rebates in railways, the inn
proper comforting of public f%raDchls-
es. and the immunity of monopolizinG
trusts and combines. The misfortunes
of ordinary business. the division OF
the estates OF wealthy men at their
death, the chances of speculation
which undue good fortune seems Oft
en- to stimulate, operating as causes
thr,,,n,. N onnnrntinn Will do mlIrl
TO divide up such large fortunes. 1t
is far better to await the diminution
of this evil by natural causes thai
to attempt what would oon take on
the aspect of confiscation or to abol-
ish the principle of institution OF
private property and to change to
socialism. Socialism involves the tax
ing away of the motive for acqulsl-
ton, saving, energy, and enterprise
and a futile attempt OF committees TIC
apportion the rewards due for pro
ductive labor. 1t means ~stagnatioi
and refrigeration. 1t destroys the
handspring OF human action that ha
carried the world on and upward fol
1000 years.
Refers to Opponents.
Il do not say that the two gentle
men who now lead, one the demo
cratic party and the other the for
mer republicans who nave left thell
party. in their attacks upon existing
j. conditions, and in their attempt tt
satisfy the popular unrest by prom
Uses OF remedies, are consciously EN-
bracing socialism. The truth is tina
they do not offer any definite legisla
ton or policy by which the happ.
conditions they promise are to be-
brought about. but if their promises
mean anything. they lead directly to
ward the appropriation of what be
longs to one man. to another. Tn
truth is, my friends, both those WHIT
have left the republican party unde
the inspiration of their present lead
er, and our old opponents, the dem
ocrats, under their candidate, ar
going in a direction they do not def
nitely know. toward an end they cal
not definitely describe, with but on
chief and clear object. and that i
of acquiring power for their party D.
nonnlar sunnnrt throueh the nrnm