Republican news item. [volume] (Laport, Pa.) 1896-19??, 1912-08-09
TAFT ACCEPTS
THE NOMINATION
CritiCises Roosevelt and Wilson
Policies at Ceremonies.
ISSUES, TARIFF AND TRUSTS
Root Tells Him Nomination Title Was
Honestly Ganed-Candidate at
White House Notification De-
fends Payne-Aldrich Law.

Washington.-Pres Taft was
formally notified of his denomination
as the candidate of the Republican
party before a gathering of I,OOO In
yited guests in the East Room OF the
White House. Mr. Taft III reply TO
the notification committee, made an
address in which he declared the
maintenance of the national instltu-
tions was the chief issue before the
country at the November election. The
President, while not mentioning either
Colonel Roosevelt or Governor VIII
son by name, plainly referred to them
at several points in his long speech
and charged that they were heading
toward Socialism. Neither did he re-
fer directly to the charges of fraud at
the Chicago contests, that being lett
to Senator Root, who declared in his
address after referring to the Roose-
welt contests and the decisions OF the
National and Credentials committees:
Your title to the nomination is as
clear and unimpeachable as tho title
of any candidate since political con-
ventions began"
President Taft replied in keynote
speech, outlining the issues.
The supreme issue that confronts
the voters the President declared, was
that of the maintenance OF the ma
tions institutions and the preserVa-
tion of the Constitution, threatened,
he said, on the one hand by those Re-
publicans who had left the party to
try their fortunes in a new one.
Next in Importance Mr.. Taft placed
the tariff In the proposals of the
Democrats for reductions in the pres
ent schedules, he said, lay danger OF
business depression and hard times.
The Republican principles of revision
only where scientific investigation
shows it necessary marked the
straight road to continued prosperity
and commercial peace.
In discussing the tariff, the Presi-
dent said it was untrue that to its
doors could be traced the high cost
of living, and pointed out that condi-
tions of living We're alike over the
world. A political promise could not
remedy such a condition, he said
AS an issue only less important
than the tariff, the President placed
the regulation of trusts. He said the
Sherman law had been enforced with
success, but added that specific acts
of unfair trade should be denounced
as misdemeanors, that such acts
might be avoided or, when committed,
punished by summary procedure. In
terstate business enterprises, he said,
should be offered Federal incorpora-
tion law.
Aside from these issues the Presi-
dent pointed to the record of the Re-
publican party, and particularly dur
ing his own administration as an earn
est of what it might be expected to
do in the future if the people returned
it to power in November. He at
tackled the Democrats at other points
than the tariff, making special refer
ence to the refusal of that party in
the House of Representatives to con-
tinue the naval policy of two battle
ships year.
Some important expressions of the
| Presidents speech of acceptance are
as follows:
"It should be our purpose to put
| large business enterprises acting with
| in the law on a basis of security by
| Offering them Federal corporation
law under which they may voluntarily
! incorporate.
"A careful investigation will show
that the phenomenon of increased
prices and cost of living is worldwide
in its extent and quite as much in
evidence in other countries of ad
vanced civilization and progressive
tendencies as in our own"