Norwich bulletin., 1912-01-20

New Haven. Conn. Jan. 19.-Speak- ing before the New Haven Chamber of Commerce tonight President Taft made a plea for the continuance of his economy and efficiency commission; declared that the administration has no desire to -persecute" business, but that it will continue to enforce the law against monopoly and unlawful combi- nations. and urged the business men or the country to get together with him to Insure prosperity. Senator Bailey of Texas, an earlier speaker, though he called himself an optimist, had sounded Q warning against the increasing dan ger of socialism To this warning the president took exception.
 Taft Does Not Fear Socialism.
 'I don't think. said the president, "that We are es anear that which he fears and which ] should fear if l thought We were near it-sOcialism- have abiding faith in the American people. ] have abiding faith-after time-for they will come back and dis Criminate between what is good cloth and -hatis fustian.
 Prosperity Our Great Need.
 What We need" continued the pres ident. is prosperity. A lack of pros perity does not make the rich uncom- fortable. it's lack Of prosperity that makes the poor uncomfortable. What I hope Is that we'll all get together in good team work to bring about pros pe-ity.'
 Anti Trust Law Has Been Enforced. The president spoke on the relations CT the government to business. one of the topics he dwelt upon frequently on hls long western trip last fall. He did not begin speaking until 12.15 and his address was short. In it's relations to the railroads and the trusts. the tariff and the currency the government vital y touches business, he said. He ex- piainei the change that has come in thc attitude of the railroads to the leg station affecting them now on the statute books and which they opposed vigorously a few years ago. The re- cent decisions Of the supreme court in two great cases" he said, had paved ths way for business to live within the antitrust law. Tt has been enforced" said the presidene and it will con t.nue Co be enforced. quietly, l hope, and with as little disturbance to busi- ness as possible
 Plea for Tariff Board.
 In speaking Of the tariff DIr. Taft asked that business men urge congress Co continue in existence the tariff board that the tariff might be revised, if at sl one schedule at a time. with the least disturbance to business and upon the most scientific data obtainable. The currency system Of the United States, he declared. must be changed, and in the plan Of the monetary commission submitted Co congress he has found nothing t0 fear from Wall street.
 hope" be said. that the people and congress will find that it places tho discretionary increase and decrease Hf money in the hands of persons not controlled by the influence of Wall street and not too much controlled by the political government at Washing ton.
 The Recall of Judges.
 The president had only a word to say about the recall of judges, to which Senator Bailey devoted some attention. Back Of everything else in the gov e-nment.- he declared. lis the admin istr1uon of justice. and it seems to me that fo attack it is the stroke of dagger at the heart of our civiliza- ton
 Senator Bailey Attacks Socialism.
 The other speakers of the occasion were United States Senator Joseph w.. Bailey and Rev. stephen s. Wise of New York
 Senator Bailey spoke on the subject Some Political Eccentricides." He attacked socialism. the initiative. ref erendun and the recall and false patri- otlsm in no uncertain terms. He said that he was glad that there had been a qualification Of his subject, for had he been called upon to speak of all the eccentricities of politics he would be obliged Go speak until sunrise, and the audience would have had no opportuni- " 0f hearing the president of the United States.
 Rescue Country from Perils of So-
 cialism.
 He said that he came from a state which was as far southwest in the convention as Connecticut was in the northeast. and he came with the belief that Connecticut would follow the i'm perial state of Texas in rescuing this country from the perils of socialism He said that should he take the per son2l aspect Of the subject he would point out that those who protest most that they are patriots are those who are doing most to tear down this gov- ernmeut of the people. Said the sen stor. The man who denounces most the use 1f money in politics is the man who uses the most money in politics.
 labs at Hearst and Bryan.
 There Is a person down in New York. Hearst is his name. given name William. who has had more to say acslt the use of money in politics than any o-her man. yet he has used per snraliy more money in politics thar any other ten men whom l could name in the history of politics. There is ar fI-strious democrat who has had much to say about his patriotism but who has got rich out Of politics. ] refer tC Nfl. m Jennings Bryan. The men who protest most about the needs of the ElarautCes of a written constitution are the men who are most strenuously trrr- t0 spoil the constitution of this country And they are doing 1t in the nl1re or the people.
 Unspsaksble Curse of Socialism.
 And when we old fashioned, simple minded citizens and democrats are try ing Co cling to the faith of our fathers We are called reactionaries. l am g reacti0nary. and I am not afraid tC claim iL When the republicans have also come bac kto the faith of the fathers We will weld all the patriotism Into a mass Co defend the constitution or ous fathers against the unspeakab blC curse Of socialism"
 Socialism Dream Of Diseased Mind.
 Senator Bailey said that socialism ia set forth as a cure f0monopoly What IS the difference between mo- nopoly and socialism, Tn one a few men own everything: in the cher un-