The Denison review. [volume] (Denison, Iowa) 1867-current, 1912-05-01


with his we'll known tariff views
might oppose revision, and l looked
about Immediately after the election
to see whether it would be possible
to secure votes enough in the caucus
to elect another speaker. / found that
lit was not.
81 communicated with Mr.. Roose.
welt in respect to it, and he advised
me most earnestly to have meeting
with Mr.. Cannon. l visited Washing
ton in December, 1908, At the re,
quest of President Roosevelt | had an
interview with Mr.. Cannon, in which
he agreed that if he were elected as
speaker lie would help me redeem
the promises of the republican plat
FORM
81 then visited the republicans of the
ways and means committee of the new
house, who were then in session, ex-
planned my views with respect to the
! tariff and the necessity of revision
downward, and secured their acquies-
cence in an agreement by which Phil
ippine free trade should be estab-
lished. This arrangement with Mr..
OouAOA 0L'l Will tuc way duu IuCouo
committee was with the knowledge
and emphatic approval of Mr.. Roose-
welt.
Payne.AIdrieh Tariff Bill.
"The Payne bill as it passed the
house was a better bill than as it
passed the senate. 1t had more sub
stantial reductions, though not so
many. In neither the house nor the
senate however, was schedule X sub
stantially changed as it ought to have
BEEN
81 signed the bill not because l
liked it, but because l believed it was
the best could get and it was vast
| ly better bill than the Dingley bill,
whose place it took. 1t recognized the
necessity for revision downward of
the tariff. 1t offered an opportunity
for the establishment of tariff com
mission, scientifically to ascertain the
facts upon which future reductions
and minimum clause by which we
were able to secure the abolition OF
trade determinations against us by
foreign governments. 1t made free
trade with the Philippines.
1T introduced corporation tax in
which by taxing success and not fail
ure and by taxing the income of cor
porations when it is least felt-that
| is, before the declaration of dividends
we are able to realize $2S,0OO,OO0 a
year.
Roosevelt Never Condemned Bill.
"The Payne bill was drawn with a
view to increasing the revenue. On
the 1st of July after my Inauguration
there was deficit of $50,O00,O00. If
4 had refused to sign the Payne bill
it would have continued that deficit
to another year, it would have main
tanned the Dingley bill with higher
rates than the Payne bill, and it would
have lost all the advantages which
have recited. 1t would have broken up
the republican party, so that l could
not have called upon the leaders to
help me in subsequent legislation
promised by the party platform and
which had to be enacted in the first
regular session.
| HAS Mr.. Roosevelt ever condemned
the Payne bill? Does he say he would
not have signed it if it had been pre-
sented to him under conditions that
had to meet? He has never said
that as far as l know, and the New
York platform of 1910, adopted by the
convention of which he was a part,
Endorsed the Payne bill and approved
Its passage.
us it a square deal, therefore, for
him to charge me with not being a
progressive when all that l did was
to deal with the party as it was in
congress and to get as much as could
of the legislation promised out of
that party, torn as it was by a faction?
Work Of Administration.
''ln addition to the many progress
i've features of the Payne bill just re-
cited we have in this administration
amended the interstate commerce act
which is now working admirably and
which discuss at another point of
this speech.
1--WE passed the conservation bill;
we passed the postal savings bank
bill; we provided commission to
recommend action with respect to rail
way stocks and bonds, which has made
most useful report and recommend
ed the physical valuation of railways.
1--WE secured the ratification of the
Japanese treaty and thereby settled
satisfactorily most critical question
between the two countries.
1--WE secured provision for and ap.
pointed commission on economy and
efficiency.
Made Liability Law Valid.
1--WE re-enacted the Employers liza
bility act which has been declared
Unconstitutional because of it's juris.
dictional scope, so that it has now
been held to be valid
1--WE passed number of safety ap-
pliance acts for interstate commerce
railroads in order to reduce the death
and injury to employees.
eve secured the appointment of a
congressional commission to investi-
gate the question of the workman s
compensation act, and that commits
sion has reported and the compensa.
ton bill is now pending in congress
and will doubtless pass.
eve passed mining bureau bill in
order to protect life in the operation