The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1912-10-31
TAFT SAYS CHANGE
MEANS BUT DISASTER
PRESIDENT WRITES MERCHANT
ON DANGERS IN DEFEAT OF
REPUBLICAN, PARTY.
Letter Deals With Tariff and Prosper
ity, Which, He Declares Is Largely
Due to the Policy Of Protection Of
Industries.

White House officials have made
public letter from Taft to John Wan
amaker of Philadelphia, dealing with
some Of the issues of the campaign
and thanking Mr. Wanamaker in his
own behalf and on behalf of the peo-
pie of the nation for his splendid
work.
The presidents letter dealt almost
exclusively with the tariff and pros
perity. which, he declared, was largely
due to protection.
The letter in part reads:
my Dear Mr.. Wanamaker: want
to thank you for the splendid work
you are doing for the success of the
republican party in the approaching
campaign. l thank you not for my
self, but for the people at large who
have SO much to lose, so little to gain
from a change of administration, who
will indeed suffer if democratic
president and democratic congress
secure the opportunity to make good
their platform pledges and an extra
session Of congress is called next
March to change the tariff from
protective to a revenue basis.
Loss in Transition Period.
wholly apart from the respective
merits of the protective and the tariff
for revenue policies it must be obvi-
Gus to thinking men that so radical
change can not be effected without a
period of readjustment the wiping out
of numerous industries that prosper
because they are protected and that
pay good wages to thousands of en-
ployes. Even were it admitted-and
do not admit it--that ultimately this
readjustment would be successful, and
that our present protected and pros
porous Industries could be replaced by
others that would thrive without pro-
lection, what Of the transition period?
How would fare the wage Garner who
was lilIOWI Out VI employment lbI Il
year. or more, and who, in many in
stances, would be compelled to learn
a new trade?
'As a protectionist, can see no
benefit to be gained from such
change, even when the readiustment
is completed. For 60 years under the
protective policy our industries have
grown at a pace that has astounded
the work. Our wage earners have es-
tablished and maintained a standard
Of living that is unknown in the old
world. Even during the period of high
cost Of living, which has prevailed
throughout the civilized world for
few years. our people have suffered no
such hardships as those of the old
world
Good Times for Wage Garner
1.-THE abundant crops of this year
are already operating to decrease the
cost of living to the American working
man, while there Is every indication
the other hand, our factories are run
ming full time, there are abundant or
ders ahead, wages high, and it is Ia
Dor, not employment, of which there
Is scarcity. With plenty of employ
ment at good wages and the prices of
foodstuffs falling in some instances, in
others about to fall, the wage Garner
is just on the eve Of garnering his har-
vest and If existing conditions are
not changed by political upheaval we
will see the balances in the savings
banks grow in the next four years as
never before
I'VE have experimental in the past
with the tariff theories of our demo-
cratic friends. You will recall as
clearly as / do the distress that fol-
lowed the passage Of the Wilson bill
Dfs there not certain significance In
the fact that It Is another Wilson who
would again subject us to such an ex-
pertinent? Wilson and prosperity are