Show Il I DISTINGUISHED MEN IN EAST HEAR PRESIDENTS ADDRESS TAfT SHOWS I SOUND I President Delivers Speech in Boston Before Starting on I Long Tour Through Western I II and Southern States SPEAKS PLAINLY ON THE I ISSUES NOW UPPERMOST Believes the Era of Prosperity i Has Dawned Once More and That Work Commenced by Roosevelt Will Be Completed I THREE THOUSAND PRESENT j Boston Sept 14 President Taft was the guest of the solid men of Boston tonight and ad a dinner was given in his honor lIonor at which he de delivered delivered livered an address touching upon the I issues now before the country The address marked the beginning of Mr Nr Tafts tour which will carry him through of the states It will extend x tend from Boston to o Seattle f loin St Lou Louts IK to New Ne Orleans and El EI 1 Pas Tex back baek to Washington The IIII dinner celebrated the merging of ot three leading commercial bodies the Merchants association the Associated A Board of Trade and the Chamber ot of Commerce Into one organization organization organization with members Distinguished guests pesta from frn m national and state political life from irom tom the ju of the nation and state from I L army and navy and congressional onal and from local church civic and business c in les were present pre enL Among the in guests were General Carlos Carkie Garcia Vele Yeles elez Cuban minister Secretary Meyer Secretary Justice Oliver Wendell Holmes of or Pr the United States State supreme court courtS S Senator Crape Governor Draper Arch bishop Yonnell 0 onnen of the Roman Catholic archdiocese of Boston Bomon Bishop Willard r I of o t the Methodist Episco pal Ial hurch William Kelson Cromwell 1 U for Panama President Tafts Speech T T am sin on the eve of beginning a Jour n r of miles in length said Ud Mr Nr T Tit lt which will wilt enable me to see tens teM and aud all hundreds of thousands of my w m fellow 11 ant an and enable them I hope to see Bee JH r Occasionally I hear a query why I uld start off on such a trip and what lid good does it do to anybody v vi i It certainly Is III not going to be a Insure trip although I shall enjoy it If It 1 t v will vIlI ill bring closely Io ely tp t me the needs of V I I sections BO so o far as national I 1 bla Is la concerned and I believe It Will v 11 1 make milk me a wiser man and a better j lublic officer Common Sense View I 1 I ought to be able u le to explain to the r some of the difficulties of govern and anti some of the problems for so lution from the standpoint of ot the tui t i VI and the legislator as distinguished from irni that of the honest but irresponsible Irre Our chairman has haa made some ome to the number of subjects to I v the attention of congress may well ell I Il 1 directed In Iv the first place there is l j the moneta monetary situation While it I s ablo that the Vreeland bill would aid us lIS U in case ca e of another financial crash it l Is certain that our banking and monetary tem is la a a affair which sat es nobody and least of all those who ui 1 r clearheaded and have a knowledge c cf t f what a financial system should be L Central Bank of Issue It is quite apparent from the state n r of Mr Vreeland now the head of ot ti Ui committee on banking and currency in ji the t tie house hou e and from the conversations i UI lf Mr 11 Aldrich chairman of the monetary i on mission i adon and of the finance commit J b tt tC r of the senate that the idea of the Monetary commission is for some sort CM c j arrangement ii for a central bank of is F fill ic ue which shall control the reserve and t se a power to meet and control the c cual i ucil sual stringency y which from time to time W will i 1 come cOlne in the circulating medium of U tl country and the world II Mr Aldrich states that there the are two indispensable ble requirements In any plan In 1 Ing a central bank of issue The Is i s that the control of the monetary one oie tem tm shall be ho kept free from Wall street f fust i nit and the other is that it shall ji t be manipulated for political purposes ea Aldrich to Swing Around Circle 1 I am told that Mr Aldrich will awing swing around the circle this fall tall and will lec Ise ture tare in many masy of the cities of oC the middle Continued on Page 2 I S j f 4 1 n sti I i t Me PRESIDENT WILLIAM VILLIAM H TAFT TAFT AFT SHOWS SOUND SENSE I I II Continued from Page 1 west on the defects detects and needs of our monetary system I cannot too strongly approve of this proposal Mr Aldrich who is the leader the of the senate and certainly one of ablest statesmen in financial matters matts in either house has baa been regarded with deep suspicion by ninny many man people especially In Inthe inthe Inthe the west If 1 with his cI ideas idea and simple but effective style of speaking he makes apparent t to the western we tera pee lO lOpie eo eople pie what I believe bellee to be his earnest de desire desire desire sire to aid the people and to crown his and political career by the preparation passage of a bill which shall baU give us a sound and safo monetary montay and banking an It K would be a long step toward removing lemoing the political l obstacles to a proper solution aol tion on of the question Clinching of Roosevelt Policies We e are I believe on the eve of ot an another another another other great business expansion an area of prosperity Indeed it is already here hereIn branches of ot business bUsine The hum In of many man prosperity and the ecstasy of great pro are likely to dull duff Interest In these profits again gain to reforms and to lead us back the old abuses unless we insist upon leg legislation legislatIon which shall clinch those standards law Nothing revolutionary positive by po i business disturbing to legitimate nothing needed but we must set the marks is clear in the statutes by which the lines be drawn and the proper legitimate can paths be laid down upon which all busi busl business and must have It un understood understood understood ness ne s shall shan proceed by means of prompt prosecution pro ecu tion and punishment that the law Is for t the aU aD and Is to be enforced even against most moat powerful Then too the needs need In respect to con conserving conserving natural resources the amend amendment amendment serving our the ex execution I ment to the public land system of the pure food law and other Important matters that should demand at attention attention make the legislative and executive executive tive live labor labo of the next three years heavy enough if our purposes e are carried out outto outto outto to exhaust the th energy of the most mo t enthusiastic elastic Blastic and hopeful I I I Governor Johnsons Johnson s Foolish Talk Still the world Is te making progress our country is making progress Occasionally one hears a n nate te like that of Governor Johnson denouncing the east and calling upon the west to organize in a sectional way against the east because the east is deriving more benefit from the govern governmental governmental mental than the west and at the expense ex nse of at the west it is difficult for one to treat such en n appeal seriously Throughout this thiE coun country country country try there theres Is free trade of the freest char character acter ater and oil oi account of this the prosper prosperity prosperity ity it of the west WeM especially the agricultural west Is even een more pronounced than that of the east Moreover the east is 18 too close clos to the Pacific coast too close to the middle west too close to the Rocky mountains because all the people of these western tern stretches have eastern ancestry and eastern connections connection and because they have eastern capital with which their sections have bave been largely built up and because they are too much assisted by eastern markets in enhancing the prices which their products bring to make such an attempt at sectionalism successful Bringing Good Will West And now as I take laks my departure for forthe forthe forthe the west I feel that I carry from you 00 to every citizen ant and inhabitant of the United I States whom I T shall meet the cordial greetings of 01 New N w England and the east eat your on D the prospective ity in the th whole country and an Rn earnest wish that the national govern government fluent ment shall be conducted in such a way as aa to insure In ure peace with Hith Ith aU all the nations of the world and tranquility and prosperity at home hume growing out oat of the conduct of business on lines of ot commercial integrity and within the Kw hw which forbids the or organization and maintenance of l and the systematic suppression x Of f competition Things are not perfect but we have han made progress p We Ve have hae a right to be optimistic and aud believe further pro pie progress gress greas la is I likely that conditions are im un improving proving prosing and that we may continue to maintain for all sections of the country that equality of opportunity which whId it U is III the highest object of a government to preserve |