The Calumet news., 1912-08-01
SECOND IN IMPORTANCE
IS TARIFF Ne DECLARES
In Democratic Proposals For Re-
ductiOns Lay Danger of Bust
ness Depression and Hard
Times. Charges Opponents
Have No Definite Course

washington, August l.-President
Taft's formal speech of acceptance OF
the nomination of the Chicago CON
yention was delivered here today to
the official committee of notification
headed by Senator Root and few in
vited guests.
Although Mr.. Taft defined i'm detail
the issues OF the campaign as he saw
them. he reserved the right to amplify
his statement later as the cam
paign develops.
The supreme issue that confronts
the voters, the president declared. was
that Of the maintenance of the ma
tion's institutions and the preserva-
ton of the constitution, threatened he
said on the one hand by the Demo-
cratic party and on the other by those
Republicans who had left the party To
try their fortunes i'm "A new one.
Next in importance Mr. Taft plac
ed the tariff. In the proposals OF the
Democrats for reductions i'm the pres
ent schedules. he said. lay danger of
business depression and hard times.
The Republican principle of revision
only where scientific investigation
shows 1t is necessary. marked the
straight road To continued prosperity
and commercial peace.
In discussing the tariff. the presi-
dent said that il was untrue that to-
of living and pointed out that condi-
tions of living were alike over the
world. A political promise could not
remedy such condition he said.
Regulation Of Trusts.
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 thatNspecifc acts of
unfair trade should be denounced as
misdemeanors that such acts might
be avoided or when committed pun
ished by summary procedure. Inter-
state business enterprises, he said
should be offered "A federal incorpor-
alton law.
Aside from those issued the presi-
dent pointed to the record of the Re-
publican party and particularly dur
ing his own administration as an ear
rest of what II might be expected to
do In the future IL the people return
tackled the Democrats at other points
than the tariff. making special refer
ence 70 the refusal of that party In
the House of Representatives To con-
tinue the naval policy of two battle
ships a year. Taft did not mention
either Colonel Roosevelt or Governor
woodrow Wilson by name but referred
to each. While he did not accuse Ell
ther of embracing the doctrines of
socialism. manw of the proposals they
had made, the president said savored
OF II strongly. He closed with a re-
view Of his administrative achieve
ments and appealed directly to the
conservative voters of the Democrat
ic party to join with the Republicans
at the polls.
Plea for Constitution.
81 know that in this wide country
there are many who call themselves
Democrats. who view, with the same
aversion that we Republicans do. the
radical propositions of change in our
form Of government that are reckless
ly advanced to satisfy what is sup
posed to be popular clamor," said the
president.
"They are men who revere the con-
stitution and the institutions of their
government with all the love and re-
spect that we could possibly have. men
who deprecate disturbance I'm business
conditions, and are yearning for that
quiet from demagoglc agitation which
Is essential to the enjoyment by the
whole people of the great prosperity
which the good crops and the present
conditions ought To bring us.
"To them ! appeal. as to all Repub-
licans. TO Join us I'm an earnest effort |
&c avert political and economic revo-
luton and business paralysis which |
Republican defeat will bring about |
such misfortune will fall most heav-
lily on the wage Garner. May we not