-r-:;- i -- v triiffl "M-"- ' " ' wyro- "Jly 5 "Wt'VT" - f - rjt y - ? The Commoner. MAECH 12, ISM 5 ' -mvmqT f greater elasticity In the forms of currency aratt able for trade, and to prevent tho limitations of law from operating to increase the embarrass ments of a financial panic. The monetary com mission lately appointed is giving full consider ation to existing conditions and to all proposed remedies, and will doubtless suggest one that will meet the requirements of business and of public interest. We may hope that the report will embody neither the narrow view of those who believe that the sole purpose of the new system should be to secure a large return on banking capital or of those who would have greater expansion of currency with little regard to provisions for its immediate redemption or ultimate security. There is no subject of eco nomic discussion so intricate and so likely to evoke differing views and dogmatic statements as this one. The commission in studying the general influence of currency on business and of business on currency, have wisely extended their investigations in European banking and monetary methods. The information that they have derived from such experts as they have found abroad will undoubtedly be found helpful in the solution of the difficult problem they havo in hand. POSTAL SAVINGS BANK On the postal savings bank Mr. Taft said: The incoming congress should promptly fulfill the promise of the republican platform and pass a proper postal savings bank bill. It will not be unwise or excessive paternalism. The promise to repay by the government will furnish an In ducement to savings deposits which private en terprise can not supply, and at such a low rate of Interest as not to withdraw custom from ex isting banks. It will substantially Increase the funds available for investment as capital in use ful enterprises. It will furnish absolute security which makes the proposed scheme of govern ment guaranty of deposits so alluring without its pernicious results. SHIP SUBSIDY, CANAL, ETC. Mr. Taft gave a boost to ship subsidy through the endorsement of Mr. Root's proposition to establish a line of steamers between North and South America. He -expressed the hope that "the use of the maximum and minimum feature of our tariff law to be soon passed" will be effective to remove many of the restrictions .noticeable against American products in Euro pean markets. He paid a high compliment to the work on the Panama canal and said that the original plan of a lock type is all right. "OUR DEPENDENCIES" Concerning "our dependencies," Mr. Taft said: The government of our dependencies' in Porto Hico and the Philippines are progressing as "favorably as could be desired. The prosperity of Porto Rico continues unabated. The business conditions in the Philippines are not all that yre could wish them to be, but with the passage of the new tariff bill permitting free trade be tween the United States and the archipelago, with such limitations in sugar and tobacco as shall prevent injury .to the domestic interests on those products, we can count on an improvement In business conditions in the Philippines and the development of a mutually profitable trade be tween this country and the islands. Meantime our government in each dependency is upholding the traditions of civil liberty and Increasing pop ular control which might be expected under American auspices. The work which vwe are doing there redounds to-our-credit as-a-nation. "THE NEW SOUTH" Mr. Taft said that he hoped to Increase the already good feeling between the south and other sections. He said his chief purpose was not to effect a change in tho electoral vote in the southern states. That he declared1 is "a secondary consideration." He said he looked forward to an increase in the tolerance of po litical views of all kinds, and -their? advocacy throughout the. south. In this connection he declared that the negroes were entitled to all their rights. He advocated, by implication at least, the adoption of educational qualification for black and white voters alike. He said that the fifteenth amendment would never be re pealed and never ought to be repealed and he said it was the duty of their white fellows to make their path as smooth and easy as possible. But evidently Mr. Taft did not desire to be misunderstood on this point, so he added: Any recognition of their distinguished men, any appointment to office from among their number, is properly taken as an encouragement, and an appreciation of their progress, and this just policy shall bo pursued. But it may well admit of doubt whothor, In the case of any race, an appointment of ono of their number to a local office in a community in which tho race feeling is so widespread and acute as to interfere with tho ease and facility with which tho local government business can bo done by tho appointco, is of sufficient bonefit by way of encouragement to the race to out weigh the recurrence and increase of race feel ing which such an appointment is likely to en gender. Therefore, tho executive, in recogniz ing the negro race by appointments must ex ercise a careful discretion not thereby to do it more harm than good. On the other hand wo must be careful not to encourage tho mere pretense of race feeling manufactured in tho In terest of individual political ambition. Personally I havo not the slightest race preju dice or feeling, and recognition of its existence only awakens in my heart a deeper sympathy for those who have to bear it or suffer from it, and I question the wisdom of a policy which is likely to increase it. Meantime, if nothing is dono to prevent, a better feeling between tho negroes and the whites in tho south will con tinue to grow, and more and more of the white people will come to realize that the future of the south is to be much benefited by the indus trial and intellectual progress of the negro. The exercise of political franchises by those of his race who are intelligent and well-to-do will be acquiesced in, and the right to vote will be withheld only from the Ignorant and Irrespon sible of both races. ON LABOR Concerning labor Mr. Taft said: There is one other matter to which I shall refer. It was made the subject of great con troversy during the election, and calls for at lest a passing reference now. My distinguished predecessor has given much attention to the cause of labor, with whose struggle for better things he has shown the sincerest sympathy. At his Instance, congress has passed the bill fixing the liability of interstate carriers to their em ployes for injury sustained in the course of em ployment, abolishing the rule of fellow-servant and the common law rule as to contributory negligence, and substituting therefor the so called rule of comparative negligence. It has also passed a law fixing the compensation of government employes for injuries sustained in tho employ of the government through the negli gence of the superior. It also passed a model child labor law for the Dist-ict of Columbia. In previous administrations an arbitration law for interstate commerce railroads and their em ployes, and laws for the application of safety devices to save the lives and limbs of employes of interstate railroads had been passed. Addi tional legislation of this kind was passed by the outgoing congress. I wish to say that in so far as I can, I hope to promote the enactment of further legislation of this character. I am strongly convinced that the government should make itself as responsi ble to employes Injured in its employ as an in terstate railway corporation is made responsible by federal law to its employes; and I shall bo glad, whenever any additional reasonable safety devices can be invented to reduce the loss of life and limb among railway employes, to urge congress to require Its adoption by interstate railways. -Another labor question has arisen which has awakened the. most excited discussion. That -is in respect to the power- of 'the federal courts to issue injunctions in industrial disputes. As to that, my convictions are fixed. Take- away from courts, if it could be taken away, the power to issue injunctions) in labor disputes, and it would create a privileged class among the laborers and save the lawless among their num bers' from a .most needful remedy available to all- men for the protection of their business against lawless invasion. The proposition that business, is not a. .property or pecuniary right which, can: be protected by equitable Injunction is utterly without foundation in precedent or reason. The proposition is usually linked with one to make the secondary boycott lawful. Such a proposition is at variance with the American Instinct and will find no support in my judg ment when submitted to the American people. The secondary boycott Is an instrument of tyranny, and ought not to be made legitimate. INJUNCTIONS On the subject of injunctions Mr. Taft said: The issuing of a temporary restraining order without notice has In several Instances been abused by its inconsiderate exercise, and to remedy this, tho platform upon which I was elected recommends tho formulation in a statute of tho conditions undor which such a temporary restraining order ought to issue. A statute can and ought to bo framed to ombody tho best modern practice, and can bring tho subjoct so closely to tho attention of tho court as to mako abuses of tho process unlikely in the future. Amorican people, if I understand thorn, insist that tho authority of the courts shall bo sus tained and aro opposed to any chango in tho procedure by which tho powors of a court may bo weakened and tho fearless and effective ad ministration of justlco bo interfered with. Mr. Taft concluded his Inaugural address in thoso words: Having thus reviewed tho questions likely to recur during my administration, and having ex pressed in a summary way the position which I expect to take in recommendations to congress and in my conduct as an executive, I invoko tho considerate sympathy and support of my follow citizens, anc: tho aid of Almighty God in tho dis charge of my responsible duties. Letters From the People Harry Boarman, Ghesaw, Wash. Mr. Roose velt has been advocating how to make farm life more attractive. I am a faTmor. I wish to seo an article on this subject, i. e., how the .'armors could ubo tho money they pay tho manufacturers for tariff on their farms and make them more attractive, and do tho people in general more good. I do not undorstard tho tariff question thorough enough to wrlto an article. I suggest you write on tho following: This tariff money that is given to build colleges and libraries, and what is also given to campaign funds to corrupt the election and legislation and society, seems to mo the farmer should know what per cent of tho tariff burden they have to pay. Had tho farmers thlc tariff money it Kcomg they could us it, by building good roads, modern dwellings, sanitary outbuildings, for our stock, havo libra ries and music in our homes same as the manu facturers, easy access to good schools away from the corruption of the city. Wo could afford to hire more labor and take better care of our crops, soil, stock, implements, be able to supply a superior quality of farm products to tho public. Why not the producer of the people's living bo released from paying tariff? Why not tho gov ernment tax all foreign goods that comes to our markets enough to mako them worth as much or more than our manufactures aro nblo to supply the same goods for. If the farmers were enlightened along these lines they would cer tainly fall In line with the democrats. A. M. Warden, Washburn, Wis. Democracy should not be discouraged or disheartened over the results of last election, but rather rejoiced. It is proof conclusive that all panics and soup houses are not attributable to tho democratic party. Had Mr. Bryan been elected the bread lines and all the 30up houses would have been laid on the democratic party. Mr. Taft and his trust backers will now have to make good. The vicious systems so well intrenched and endorsed by executive sanction can not long exist In this country when the people once get thoroughly awakened to their true condition. They will tolerate oppression just so long and then they will either accomplish their freedom and liberty hy the ballot or by -the bullet. Tho former pre ferable. . The colonies' withstood- the tyrannies of George HI., many of which were not so op pressive as those we now tolerate, and at last that spirit of I77G, which is still alive In the heart of every true American, Is now smoulder ing but can bo easily fanned into flame. The imperial tendencies of this country by the spe cial privileged class is now almost unbearable. Chattel , slavery existed after that until it be came a stench in the nostrils of every liberty loving individual north and south, and was only defended by thoso who were directly interested. Tho world knows what went with that. The people of this nation know what to do with those who are not satisfied with the plans of government established by the fathers. Tho interests tell the wage slave he must vote as ho is told or go without bread. Such argument was used at the polls and before election last fall or Mr. Taft would not now be president. The increased bread lines are encouraging to democracy in this way: It proves that such may come even under republican unparalleled pros perity, and that where there was an increase In the independent vote, In manufacturing dis tricts, that the plants still remain idle. fl (WJ It.