New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-07-09
Peoples Appreciation of All He
Has Done in Thirteen Years
Assures Re- ELECTION.
ADMITS WILSON is STRONG
Happy at Side Tracking Dema-
gogues from Both Parties
and at Elimination of
Personalities.
IBy Cable to The Tribune. J

we're NicnolaS Murray buJlSI' MS HISl
inouiries were for details of the platform
adopted by the Democrats in Baltimore.
On the political situation in general he
said: THE betting in Wall Street when
I left was 10 to 8 on Wilson, but in my
opinion President Taft has more than an
even chance for reelection. l think his
fine character. the things for which he
stands and the appreciation by the peo-
pie OF what he has done for the country
since he left the Circuit bench in 1899
at the request Of President Mckinley To
90 TO the Philippines will all he strong
arguments with the people to make them
realize that they owe IT to him and to
themselves to give him a square deal
by re-electing him.
Governor Wilson is undoubtedly the
strongest man the Democrats could nave
nominated. He has every possible equip
ment for the Office of President, and is
worthy and creditable man against
whom, TO carry on the campaign
eve have got up now to campaign
of principles and have left personalities
behind. The demagogues OF both parties
have been eliminated and | hope we shall
have less Of personalities in our poll
tics from now on. Some of us have
become pretty tired Of personalities after
the experience of the last few months.
'I am anxious TO know details as TO
the kind of campaign the Democrat;
purpose to carry on. on the subject
of the tariff, we framed our platform at
Chicago on the assumption that the
Democrats would choose to make the
fight on the tariff and the high cost of
living We stated our position CLEARLY
for the purpose of bringing the Demo
rats down out of the clouds, and making
them take a stand on solid ground, and
rive facts TO back their words.
"In nv opinion. the increased cost OF
living is not due to the tariff. for the
reason that tariffs have increased all over
the world, not only in countries with
high tariff. but in the so-called free trade
countries as we'll We propose in our
,latform a scientific inquiry into the in
creased cost Of living all over the world
and an inquiry into possible legislative
remedies. with the promise Of remedy
If a remedy can lie secured by legisla-
ton.
I'm nv opinion. the higher cost Of liv-
ing is due to three causes: First, the
worlds increased supply of gold which
decreases the value Of gold and increaes
the price Of commodities measured In
terms of gold: second, the shifting of the
g population of the country 10 the cities,
which means a decrease in the numbers
producing the food supplies and an in
crease in the numbers Of those demand
ing what they do not produce, with a
consequent rise in the price Of foodstuHs
in accordance with the law Of supply
and demand, and third. the shortening
Of the hours of labor, which means, de-
spite all labor saving devices, decrease
in production man for man, while the
demand is constantly increasing, seeing
that leisure gives a man time to find new
wants. and again in accordance with the
lawof supply and demand prices rlse'
s"None Of these causes can be reached
by legislation, and in my opinion the
people must shoulder the burden OF the
increased cost Of living. and seek means
Of increasing their incomes. The ISSUES
Of the campaign, however, are broader
than the whole width Of the tariff They
take in all the relations Of government
to business, including tariff, banking
currency and control OF corporations by
the government.
Conditions are such in the United
States that If any assurance can be
established that these problems will be
handled constructively, there will be an
enormous revival. Conditions are, how
ever. fundamentally sound The crop
outlook is good, retailers are not carry
ing large stocks and the earning power
OF these more than ninety-five milliofN
Of men and women is constantly grow
ing Everybody is ready to go ahead.
In my judgment, both President Taft
and Governor Wilson have got to face
the music and must not try to confne
themselves to the tariff, but explain to
the people what they are going to do
about the whole problem OF the relation
q government TO business. One section
Of the problem cannot be picked out and
the remainder disregarded. Not only the
tariff but banking and currency and the
control Of corporations must be construc-
lively considered"
Dr.. Butler will spend the next three
weeks in England, representing Columbia
University next week at the functions
Of the Royal Society. He will then go on
an automobile tour on the CON-, re-
turning TO America about the middle ..
September While on the Continent ne
viii hold several conferences as the rep
resentative of the Carnegie international
peace endowment
Chaunoey Depew's Views.
Chauncey NJ. Depew, interviewed by
Ths Standard" prophesied that the
natural conservatism Of the American
people would sweep away the wave OF
hysteria and result in the reelection OF
President Taft. Mr.. Depew said:
This hysteria is not founded on any
deep seated emotion. There is no real
Issue behind II. 1t is born Of that gen.
efal feeling of unrest which at present
disturbing all the nations OF the
world. In England and the Continent
nanifests itself in labor troubles. III
The United States we have no serious
labor troubles, still the prevailing spirit
Of unrest is there just the same and
must find expression.
II DO not think there will be any third