Show TAFT DECLARES VICTORY CAN NOT overestimated DE ESTIMATED Washington Pre President sideri 1 t tatt taft issued the following statement saturday night after he had le learned arned of the unal final action of the convention A national convention or of one of oc the greatest parties is ordinarily important only as a pi preliminary eli to a national campaign for the election of a president tho the chicago convention just ended is much more than this and Is in itself the end of a pre con bention campaign presenting a crisis and issues more important than those or of the election campaigns which is to follow bet between veen the two great national parties the question here at stake was vas whether the republican party was to change its attitude as the chief conservator in the nation of const constitutional itil representative government and was to weaken tho the constitutional guaranties guarantees guaran ties of life liberty and property and all other rights declared sac red in the bill of rights by abandoning the ohp principles ps of the absolute independence of the judiciary essential to the maintenance of these rights the campaign carrica on to seize the republican party and make it the an fn instrument ment of reckless qs ambition and the unsettling of the fundamental principles of our government was so sudden and unexpected that time was not given clearly to show to the people and the party the dangers which confronted them it was sought to break the wise and valuable traditions against giving more than two terms to any one ane man in the presidency and the danger from its breach could not be measured the importance of the great victory which has been achieved cannot be overestimated all over this country patriotic people are breathing more freely that a most serious menace to our republican institutions has been averted ted it is not necessary to speak of the result in november on the issues which will arise between the republican and democratic parties in tile the presidential campaign to follow it will be time enough to do that after the action of the baltimore conven don it la Is enough now to say that whatever may happen in november a great victory for tho the republican party and the united states has already been won the party remains as a great powerful organization for carrying out its patriotic principles as an agency of real progress in the development of 0 the nation along the constitutional lines upon which it was constructed and has ever been maintained and its future opportunity for usefulness Is s as great as its achievements in the past |