The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1912-11-04
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 a 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-
ple 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. thank you not for my
self, but for the people at large who
have so much to lose, so little to gain
from change of administration, who
will indeed suffer II 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 a
protective to revenue basis.
Loss in Transition Period.
NJ no ivp
merits Of the protective and the tariff
for revenue policies it must be obvi-
GUS to thinking men that so radical Q
change can not be effected without a
period Of readjustment, the wiping out
of numerous industries that prosper
because they are protected and thai
pay good wages to thousands of en-
ployes. Even were it admitted-and
do not admit it-that ultimately this
reimbursement would be successful, anf
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 WIZ
was thrown out Of employment for p
year or more, and who, in many in
stances, would be compelled to learr
a new trade?
"As protectionist, I can see M
benefit to be gained from such E
change, even when the readjustmen
h completed. For 80 years under thu
protective policy our Industries have
grown at a pace that has astounde'
the work. Our wage earners have es
tablished and maintained a STANDARD
Of living that Is unknown in the OLE
world. Even during the period of higl
cost Of living, which has prevailed
throughout the civilized world for
few years, our people have suffered n
such hardships as those of the oil
world.
Good Times for Wage Garner.
"The abundant crops Of this yea
are already operating to decrease tn
cost OF living to the American workin
man. while there Is every indicatio
that wages will be maintained. q
the other hand, our factories are run
ming full time, there are abundant OF
ders ahead, wages high, and 1t Is la
Dor. not employment, Of which ther
h a scarcity. With plenty OF employ
ment at good wages and the prices
foodstuffs falling in some instances,
others about to fall. the wage earnt
Is Just on the eve Of garnering his hal
vest and II existing conditions al
not changed by a political upheaval "
will see the balances in the savint
banks grow In the next four years
never before.
I'VE have experimental in the pa
with the tariff theories Of our demo
cratic friends You will recall
clearly as do the distress that 10
lowed the passage Of the Wilson pi
10 there not certain significance
the fact that 1t IL another Wilson WI
would again subject us to such an e
pertinent? Wilson and prosperity a
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