Show JUDGE TAFTS TARIFF TALK IN NEW Better No Jo Revision at All Than Thana han hana a Dishonest Attempt to Al Alter Alter Alter ter the Schedules DUTY OF REPUBLICANS TO FULFILL PROMISES SPEECH OF AT BANQUET OF OHIO SOCI SOCIETY SOCk SOCIETY ETY AT HOTEL ASTOR New York q Dec 16 11 William Wililam H Taft was of hon honor honor honOr or tonight t at the annual dinner of if the Ohio society of New York Co Around the tables placed in the grand ball baIl room in Astor gallery of the hotel tel were men gath gathered gathered gathered ered from every ev section of oU country and leaders in many walks oi ure Mr Mi Taft took advantage of the occa occasion occasion occasion sion lna Inu speech filled fIll with more earn earnestness earnestness estness than han any he be has delivered since his election to o pledge his administration ton tion and his party so far as he can cari con control control control it to a loyal adherence to the Chi Chicago cage cago platform He Be dwelt almost wholly bollY upon the revision of the tariff which he singled out as the most important dec dee declaration declaratIon made at the last national con convention convention convention and after having previously referred to the veto power of the chief executive said with all the emphasis of which he was as capable Better setter no revision at all better that the new i aI should fall fail unless we have an honest and thorough h revision on the basis laid down and the principle out outlined outlined outlined lined in the party platform Mr Taft also referred to the Sher Slier Sherman Sherman man antitrust law and declared for its enforcement as one of the Roosevelt policies that th party had pledged it itself itself Itself I self to carry orward At the Presidents Table Seated at the presidents table with Mr Taft were the th vice Mr Sh Sherman Governor Charles E Hughes Henry W Taft president of the society Charles P Taft of Cincin Cincinnati Cincinnati Cincinnati nati Horace D Taft of Watertown Conn Dr Arthur T Hadley president of or Yale former Senator John C spoon poon er or r one of those who responded to the toasts J Pierpont Morgan Paul Mor Morton Morton ton Governor Franklin Fort of ot New eV Jersey Secretary Straus k H I Hitchcock Bishop s s C Leonard L nar J 2 General HC C Corbin Admiral Casper Goodrich and others At one of the tables was perhaps the th most notable group of financiers ever gathered together at a dinner in this thi country There were E H Harriman George F Baker president of the First National bank George W Perkins of ol J P Morgan Co E H Gary of the thet United States St tes Steel John t Frank Prank A vice pres president presIdent presIdent ident of the National City bank Dar Darwin win P KIngsley president of the New Ness NewYork NewYork York Life Insurance company J P PI I Morgan jr J P of Drexel Morgan Co of Philadelphia and andI I Charles Steele of J P Morgan organ Co Four Rockefellers Present At another table were four Rockefellers lers John D John D jr William L Rockefeller and P A Rockefeller With Ith them sat John D Archbold the th active head of the Standard Oil com corn company company pany and John G Milburn the special L counsel of the company Frank B Kellogg who has been pros pro prosecuting prosecuting the Standard and a 1 d i William Willi m Nel Nelson Nelson Nelson son Cromwell brought to the front in It inthe inthe L the recent Panama canal cinal discussion were w re near neighbors to the Rockefellers lets lers Thomas ThomasF F Ryan sat sal at a table with I IB B F Yoakum James Tames Speyer and Lord I Revelstoke Paul D MelvilleE Melville E Ingalls Wade H Ellis Leslie M Shaw Myron T Herrick Justice Wil William liam A Day Robert C Clowry dowry Charles Charle CharlesH 3 H Treat and Delavan Delavari Smith were among the more than diners The galleries of the ball baJI room were filled with owned women The interstate commerce In In the ex ox exchange X change of prominent men between New NewYork NewYork NewYork York and Ohio and the conspiracy by which only New York and Ohio men are entitled to the presidency pres Y were con constantly constantly constantly referred to by th speakers and were the cause of much mu h merriment Governor Hughes was hailed by Toast Toastmaster Toastmaster Toastmaster master Henry Taft Tart and by Senator Spooner as the successor of o Mr lIr Taft T ft when v en it should again come New Yorks turn to name the occupant of the White Whit House Henry Taft was toastmaster Mr Tafts Speech The was the last to speak He said saidI fl I am going to talk a little politics to tonight ton night n And I want to invite Imite your serious attention to some of ot the peculiarities with which we have to dear deal In n our form of gov government government government as compared to that of ot other na nations nations nations Ours Outs is essentially a government of parties England also has parties but there they fix the responsibility of the party on one man nina They do not divide didde the responsibility as we do here under several i different heads The division of authority in our parties some times makes It ex ox extremely extremely difficult to carry cam out the prom so 50 freely made in the course of a cam earn campaign campaign The president is the executive of the nation and while In the White House HOWIe Continued on Page 2 J JUDGE J TAFTS TARIFF j TALK IN NEW YORK If 1 j 6 l c Continued Continued from froth Page p gc 1 I f f Is rightly regarded as the the head of Gf his hi f iI p rt for in the m maIgn which h follows f o lows vi l 1 his term torm of ot office offie otC he h is in a ii 1 sense made i responsible for what has ha happened during the administration Yet when we wei Pd I come to the th election of ot a candidate and i tf adoption n of or a platform declaring the Ie principles of the party part this work Is loft left lel to 0 a convention of men gathered feathered from all ni of or the states of ot the union J f Once Onee Ore the party has adopted its Is plat platt m y t 1 form for n convention and has successfully I 4 H gone pona before the people on that platform if It becomes the sacred cred duty of o the president dent the sacred cre duty of the house and senate sacredly to carry crr out the policies thus declared Hence It is that in respect f j to the Ule planks in the Chicago platform the 4 1 it l obligations r many bl tl t f r I I i pt tb VJ arty ri as come Jan into j f l gi r aud Ule respond r and aid see seethe J I J t ihM t the Uie mandate of ot the thep p is 1 Cl f Ot o L 0 1 Ebe e principal plank plak In the Chicago t f J S platform was wa the one which U declared decar for tor fora tora a a revision of the tariff a an extra session e sion of ot the congress to tb be b a called calleI cale as soon as possible the thc ith th of March In that plank af the he y which Wt h the re revision r vision islon could be made was vas wa plainly laid law down It 1 was agreed greed male that the revision sh l 1 hl ot of pr pr t CUon anti and an was wa defined fur further furr ther r byth bythe the rates rte to tobe tobe tobe be fixed should be a measure of the dif all di ference ferenc of ot the cost of or production her iere and ana abroad wih with a reasonable profIt to manufacturers This declaration devolved d dupon upon the party t h d ty of ot determining det what is the par difference n Inthe hithe Jn the cost 61 dt q pro production production i here her and bi a and thing fixing rate ducton which would provide ja za reasonable profit to the manufacturer It t did hot not pro provide pr vide for fOI te tt th taking dt dr t a it decree ElEge cre pro po con confes against these in the th ty who dould fes nt at p ar be re i i of and be hearth heard I the duty of oi 0 hear It tHe ti di committee to t mik ari ld it affirmative ef effit fit to find out tub Ui td production here tori and nj igl abroad and ad td revise the th tariff taft accord accordingly Tariff Makes Trusts I i ahia alna but I am not one of those at who believe beleve that tha the policy of protection does doe not in a a large lare degree de c make trusts tJust and nd monopolies easier euler of existence tenSe But the way to stamp trusts and monopolies monopole lies le out is I not by destroying d a tr If the whole hole protective prot system We Ye should not have ex cx excessive i essl tariff rates so as to tempt monopolies olies olles tle and give the th trusts tat a ai opportunity to take tae advantage of ot these thee excessive rates rte who There have been those in our party pary did not care how rat were fixed te r but the Chicago platform showed show 4 by its It new DC n W definition of a protective policy that the majority majory of our party part believe beleve Ina In a ad definite d revision of or the tariff as as It now l S lIf SIf exists exist If I we do not fulfill fuli the promise made made In the Chicago platform and make only a surface revision we will l be mae made account accountable accountable accountable Intelligent American people able able by the end will suffer the thE consequences eS with I which wi failure fo to keep promises se usually sual Is I visited Isled by b the American people Honest H nest Revision Re Necessary p pIt It is better to t have no revision revision at all al I oter better that the Ule new tariff tail bill bi should die unless beter we e have revision or of an lon t and ad thorough sort on the explained by y me and promised in the par party platform It t Is with the te U e utmost pleasure that I state stateny stateny I ny y sincere confidence that there Is now going on in n Washington and will wi go on onan onan an honest honet and thorough attempt to find the l difference In cost of production hero here er and abroad to fix Ix the tariff accordingly The le task Is la merely merl one of oJ evidence and Judgment We must mut honestly honet try tr to do our duty and then we will wi receive the nd of the Ule American merica people people Mr Taft ft t then took up the Sherman anti antitrust ant antitrust trust law I w and said sid it was one of ot Mr ls policies which the party part o had pledged Itself Itel to earn carry out We must enforce the Sherman Sheran act he said or Of lave have such modification on of it as aswill aswill will carry cr out the purpose of ot those who adopted the original legislation This mod modification mo lf aton should make a distinction of the intent with wih which are ef effected effected If It there the should be a i combination to reduce the cost cot of production for lor In Instance Instance stance ruce such S lh a combination n would be legal legal On the other hand a combination intend intended ed for the purpose of monopolization or control of ot markets market and the stifling of com corn competition petition would be illegal petton Mr Taft closed cos d by expressing the belief belet that the party during the next administration tion would make every ever earnest eret effort to carry carr ton out its It platform principles |