New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-07-23
TAFT BUSY ON SPEECH
President Preparing Accept
ance of denomination.
rrrom The Tribune Bureau.

Washington, July 22-President Taft
denied himself to ali callers to-day and
remained In his private library working
on his speech Of acceptance of the NOM
ination. He will probably devote the
next three or four days TO the speech,
which will be delivered on August l,
when the Republican National Committee
will formally notify him Of his nom
ination.
President Tafts speech of acceptance
is likely to be the most important utter
ance Mr. Taft will deliver during the
Presidential campaign The speech VIII
also be the principal document for use
by the Republican National Committee
| and stump speakers.
The tariff issue. as has been forecast
ed, will be the important part OF the
speech, while close second will be the
Presidents review Of the achievements
of his administra and his claims that
the platform promises of 1908 have been
fulfilled. The President in his speech
will clearly and succinctly interpret the
Chicago platform and the issues he
| thinks should be placed before the peo-
| pie. There will be no hedging or dodg-
| ing OF the big questions now being dis
| cussed and Mr.. Taft will cover thor
oughly every subject in which ne thinks
the voter is interested. The difference
between the Republican and Democratic
platform planks is to be thoroughly pre-
| scented to the country, and it Will be
| thus shown;
First-That the issue from a Republi-
can standpoint will be tariff revision on
scientific basis, taking UP the question In
the light of exact knowledge procured by
q permanent tariff commission, BODY
| the Democratic party cares nothing for,
| as Is proved by the refusal OF Demo-
cratic House to authorize further applo-
| priationS for continuing the work. The
difference In the cost of production az
| home and abroad Will be kept in nina,
| thus bringing the element Of protection
| into any revision undertaken by the party.
| SecOpd-That tariff for revenue only is
the Democracy's platform, caring nothing
for the amount Of protection or indus
| tries and wages Of workingmcn. Ihelr
| one thought is 10 produce the revenue.
| and with this in view the tariff VIII be
regulated accordingly, the question OF
protection being relegated to the rear
President Taft believes firmly that the
Republican doctrine of tariff revision is
acceptable TO the great majority OF the
American people, and that before the
campaign Is far advanced it will be the
great issue confronting the country as
was the case I'm other Presidential cam
paigns. The President VIII intimate that
If the people prefer to try the Democratic
theories they may lie prepared for
period Of business depression until the
manufacturer and the business man as
certain what action the Democrats will
take Such action. 1t Will be shown, Will
mean loss OF employment to Thousands Of
workingmen pending the readjustmcnts
that would follow legislation for revision
Of the customs duties.
The threatened third party OF Colonel
Roosevelt will not receive much attention
in the Presidents speech of acceptance, IL
Is predicted The Republican leaders look
on the coming campaign as a square fight
between the friends Of the protective
tariff and those who advocate free trade.
Governor Wilson, II will be shown dur
Ing the campaign, IS an avOwed free
trader of the worst class one who is OPP
posed to every vestige OF protection TO
American industries, who stands on
platform which, like the platform of 1892,
declares that q protective tariff Is un-
constitutional. Governor Wilson sub
scribes 70 the Baltimore platform, which
is an oath OF alliance to free trade