Show i TAFTS TA F T S INAUGURAL ADDRESS Outlines Policy of Administration PRAISE FOR ROOSEVELT Speech Begins With Advocacy of Predecessors Reforms MANY OUEST QUESTIONS IONS Incoming Presidents Ideas on Trusts and Other Matters My MJ w Any one ODe who tIt Ute the Nib I here haft Jut just must feel a beery of re It If pot Ite be Nu no eo of tile the po power l of the Ibe oNlee ulnae widell he be II b boat about to enter eater or be le Is In a proper torero ot of the obi which the nth I The be of as a lau ral lA lAto to fo II giver summary online of the Ibe mate mala of the new es liar hr u a tM they ean an M be i 1 line have I had the lilt honor to be one oae of the ad d n or of my IDY and a a auch cb to 10 hold up him bill band In Ia Inthe tM the r he baa ha I I bould be utne to myself to 10 my prom and to the of the party upon apen which I 1 was elected elated to It If I did mot Dot nuke mak the Inte Ita a aad ot of those reo re reforms forms torme a most Important feature ot of my i I They were directed to j of the tha wl and I abases of Df power fit of tIN the Jr great at lA ot of Imes a la In rall I Iad and ad In Industrial on lat eo s TIN The It k which my predecessor took ad ad tile the I Ile le pu passed oa him recommend Ian mark muth have hav havea ea aimed s a 1 halt bait In III tile the pone which crested popular alarm Ia and here brought bt boat about la In the boat buill Deal all a mach higher regard for fOl law I f MUn Nested I I To render the reform how bow ever eve and Dd to saran Meant at the same we time freedom fro from tarn lama on the part o of those 11 proper and ad methods further had oad action are Deeded Ne lief of at the raU teem fOIl certain re or of tile the mt law ha have ve hoe urged bf sy my ami will willlie willbe lie be by me mat On 00 the other hand the Is III played to teal looking to 10 a proper au and Inti tl III rat r d cud In state 1111 r I Then 1 t r h Ir J 1 HII r h p o u of the or In the department of corn mere 1 nod and of the Interstate commerce looking to shoo shoot ee I t fit et tissue IeN III b to a on and e car eta caras ta as of tte he Ia laws a let teet ing lat ral and ad eow I tape hope to be abbe bIe to submit lit at the regular session of the Incoming t M a 10 December nest Det definite I In Ia respect to the heeded i to the antitrust and nd t tI the I I I commerce law and nd the c In tM the e de em d In their enforce meat ded and Nd i It b believed behaved that with Itla tb the to be American bust Mw can by be Nd ot of that measure mure of and aDd In hi respect to thou things tt that may be done and ud t that are prohibited Ir III Ual to the lit and growth of aU Nuch n a plan mast the right t ot of tile the people to avail them NI ot of those tb mehede ot of combining and aDd effort deemed to tIM the highest define of economic at t the name time 41 d between combination based epos arid ad thou aimed with tIM the Intent ot of crest tIN fug and aDd artificially contro I price prieM The work of lau Into pate prato anal pimp seek It charges I e creative work of the highest order and ad requires aU al the In t the to I e that tile the ts to be are N Jut jest u mete nary la 1 n the of bulla boas a aIn In Ia the of tIN the reform I proper properly bear r the name alAI of w my pr ode Li I lor Si el the A ratter matt of most moM taps tuce I the of tile the tarps la 1 a accordance with tU the of o the platt upon U I WU was elected I 1 shall call fete silts Iua est esta ba to a Mat or CID tM the day C of f March Marcho ID a o that co pray DIAl b be t t tto sacs give to a revising tile the nisi ley Iv should wean r ads grant sad the t dude In etch a tanner u aa to d atad to labor la boo ails to Is all aU hi this c whether war of 01 the tanu a mho a sac fa lore by arts tarla equal equi to tn the deel d dee eel ee between I the hI rat of n a abroad ad the roe of pI dt production he n slid Dd ban bave s a provision shell pea fo towel upon exits a of certain reel a higher or mad t flub against I bu b I Itt tt b ho I trade po h tn II y It Ia b 1 that Ih liter hit batt IIII bah such s charge b lu lit mina tU the ther nad v iT r t meat of 01 the ut art drat drafted d OD ea s S similarly that the Ie 1 r measure of nt U the stated t will nil I I permit the or of rater In c n I l a and require the the lid at ot of few tew It any The to Ie lee the tart R Re made In Mach lUCk ilia an way III n nto e to feed the t o count lOunt u apes It halts halt all 11 I three branches of y It d and act u three are t moat iw It the t whole bole pew I ot of the country It II I Imperatively Im r therefore that a bUt be bedra dra drawn III b good filM faith In accordance with med made before be t the r tine by the pert party In power and nd AI e edue a due ta p theta wm will p taIt It Ie not not that the Ifil I Imore a more important nt In the IontI nn I aban ba n the perfecting of f the tb reforms In re to b antitrust and nd p lD to commerce hut t h nM need toe tor action OD w the revision of the tarts tart has hall boa determined upon U III mote immediate to avoid embarrass moot KHat of To secure the I h needed need Pd ed sped to In the tbt puMP Passage of the tariff bill It would seem wise to attempt no other at t the lINt ettra Ion IonI I venture nature ac a only for tor forthe the rom rma to be taken by cnn ur upon tINt the call of the I b wholly ly 11 within its Ita GI GIl l Tate In the making of a tariff bill the i I prime mods II b and Dd the se sewing wing thereby ot of a revenue largely to the s I I which followed Ute the panic of 1001 the revenue from and lId I oUter other ha bit d decreased to such nb an extent that the expenditures for tor torI fori I the current yr year will er exceed the j jI I I receipt bT It M Impart tI e nt Ii a shall ball not eon con ue and ad K the tremors of 01 the tart tariff blU roast of II lure In mind tile the totes total re revenues likely to tie lie by br brIt It and aad o arrange m tile the dudes a to No NoMI cure MI an 11 adequate Income Should It be beIm b Im to Go do so 10 by Import new kind of taxation taD must be adopt adopted Pd ed and among theme theM I 1 recommend a gradated inheritance tax a as la In principle and u certain end ad easy of Ey Urged The on the part of those toe fee the made ma ei i to arm oil the government to be beI u economical U as possible bIe and nd to mu make I tile the bardea ot of u light as pot III IIIi potable i dbl able is plain and Dd should be In InI Ineve eYe eve of polo pol I Icy This It Ia true when weare we were are re fa face to f face with a b heavy deficit But when the a to win the pope popa tar Ir approval leads leada to the cutting off of expenditures really needed to 10 make the government effective and ad to ell eu table ble It to accomplish II its proper objects tile the result I is u much to be condemned u the wate ot of government funds In 10 a The scope ot of a modern government la wt what It Itcan can ought to accomplish toe for It hu hit been a widened tar beyond the laid down by b the old 11 hums fain school ot of political writers anti and this hu met popular ap po I I Ja dr tile the of the uw of OD as a large arp eaI sad Dd the spread of Information derived from them for the Imp i meat at of general agriculture moot IJO go I ea I Tb Tile of It bust neu or of greet railways and and od tile the lane lore I OD call UtI prosecution ot of uRla unlawful b method metho art are another nerve I w tax upon government nt which did r Ir not er exist lilt halt half a century n tu ago 10 I Fm of Expenditure TIll The patting into lato force of laws la which knit secure ure the conservation ot of our so tr tar u they may lIMiT M he with withIn I In hi the t of the federal CO gov eminent including the most important work or of saving anti and restoring our for eats eata and the great t Improvement Im t of w we I are re all 11 proper government functions which must Involve large Irl It properly While come ot of them like the Lion ot of and land lauell are made to pay puy for tor themselves others are of such an indirect belM benefit t that I this lie be cx x of thou A permanent tm Ilk like the Panama Inam canal should Mould bP be treated as al a dI Ct enter enri i pries mind be b paid for tor by tb proceeds of bond the lane ot of which 6 will III It Its cat oot between th Ibe e prevent nt and future In fn ce with the It 1 t maT ins well be submitted to the serious a of conga whether till the deepening and control of 01 the channel ot of a great river system Iem like that ot of th Ohio or of the when ben deft def and practical plan for the enter euter price hate been approved anti and determined deter determined mined upon should not bOt ha be t few ur In Ia the same lame way Then Tun too there are re w of government absolutely if ou r I b to m la Ita proper place e among mo tu the Damns of the world and is Ia to 10 exercise Its Ita proper In 11 de tu floe of lb Ita own trade Interests hI tb e maintenance of traditional Ararica n en poky t the colonization of Jou Eu JouI Eur Euale I ale alet monarchies III a U talc 7 aDd r In t promotion of peace pace and In morality I refer to t cat ot of a proper army I pr oper navy and aDd salable bI rap tile the mainland of u the Unit d latee and Dd Ir its Ita The Army AIMI rod Navy Havy W We ba bars an U anu army so 10 orb orbI I lad and ad w I a u to M raps bla 1111 to Llama of emergency I in oa with t the national militia and Dd nod r i provision of a proper dt law I w rapidly to 84 amt p a farN t to aU U Robs bb i tay Invasion hoe from broad abroad and aud w a tun s a abIe bIe ea expeditionary tons fOlt It DeC wc DeCI l I to ID tile flu of our ur tra n policy which bean Den n j ue area ot of Our Oar are yet et in III a eta tte t of only LO and ad t he of men D tu lit era n them t II b I it III a few yin bow tile M t awl east tor our def defense UN boUt Iuah m the std ud ud la 10 will III a k them to twist all 11 direct tUt at a t act tark cd b that U time w we ma pay hope that the pan IUD w to run n them Will trUl hi be pro p ro u a adjunct The Thedla T M dla distance ot of our eb spares frona Ft rupe and Dd Asia uIa of new reduces she ba pe De r for tor ing node pro rana ur rut at omy arm bet bat It ft d doer nut not tab aim tabI rw y I the he t t of mote prudes I tf that w stoat bae have sa army n t I lamp said 1 ono constituted u t 1 tu n u I I I I i I I I I I I room f A nue ant ot ot of which a toe force can B qu quickly kl IrwI grew I I Nan been ea Ial alai of the Ium army i may b be ai in hi even ef a 11 mere em m mr r i way ot or the 1 nary A ml modern n navy y cannot noot b be I it noel b M buit balls and nd la ID w when th the rl slops which rails 1 fo for 11 it II lice an and sly y bar In mn many h aa and IJ messages rot It Olt out with great t fol force n M MI I the Ibe necessity tot tOt J I n I navy rat with Ile the cast CI line Ile the govern governmental mental n Ild and 11 the foreign trade of et our lr nation and t I wish to reiterate tra trai i all t the 11 hI he hall ha In tAvor of nf Ihl the rat ot I a navy As al Ih Ibe Meat conservator ft of Ir peace p wih will other and the h teat I meus u of Dt scouring rn respect It for forthe the of or our rights the defense of ou our In interests I and n tl the exercise or of our Influence lu In international t Must Mut Arm a Other Nations Naton Oe De Our pl policy I is always to toI I promote p peace We e shell ball tl oaks Into n war r with a tl full ot of otI I the he awful hi consequence that tbt It Iw entail whether tul or not n and andi D i we ot of course shall bl make e every effort ort with b honor amid 1 the national interest to avoid vol volI a to ID arms rl We favor to every e like that or of T The Vague trl banal and arbitration treaties mcl made Its ItA Ia hi all interim with A view to use aN 1 la order to 11 molt 0 tam fee peace Ind and to avoid r war Wr limit we 1 j should be b blind to existing conditions I end ad should allow on ourselves to II become It if did not mU mUI idealists w we tIk n that with Ith mil 11 th the of tl the wor world I Irad rad end prepared for war we ire mast mastbe n be b ta In U similar condition In Ind I d tn e ol ether from I taking kb advantage d t of us and A of o our In Inability ability to defend Or our latet interests and D a ae sort er nor ur r rights bt with a strong hand bad Il n th the International Ut that are r likely to a arise In tb the orlet grow JW In ing out of the question of tl the open do door and nd 01 other lames the i Putted cn can maintain her h Inter eats t Itt Intact and a can 0 secure respect It l for lr her just demand Mb She will I no not b be beable Ibl able to t do e so however It I It I is under atop that tt she alye never intend to Ick beck up h herr lo assertion ot of right rbt and Dd he her t tin f ot of Ir her interest latet by anything but Ire mere verbal ebl protest and diplomatic note Dote Pea Foe tb these reasons 11 the 8 expenses ot of th the ary army and nd nary And ot of tt rout t de defenses le Ild should always Iw M be teI considered as Aa something which the government But must p pay for and Dd tb they boll not no b be ct cut o off through mere of scan omy Car Or government I is able ble to In at atton atford ton ford a suitable am army and a nary It my may them without t the slightest danger to the republic or orthe orthe the rare of nf fr few and fear fer feri i ot additional taxation ought not to toi i change a proper policy In this rr regard I Protection For Our Abroad i The policy of the tufted sate la In laI Inthe I t the wr war and n since ba has given ven vena a of 0 Ito among moar the th nations that It Dyer never had bad before bloe aO and be exerted to recur aa should constantly II ing to It Its bon bons Ide fide whether lI native or relM respect for tor them rr Ib such in 10 tol foreign countries We Ve bl make ee sort to present i humiliating and nl degrading prohibition spy r tt our g I t to 10 sojourn In foreign ca caI coon I tr tries bw because or of race rale o or religion l The Japanese Question i i The admission ot of Immigrants b who cannot nu b be amalgamated with ou oar r I I j po population ion b has 0 been made 1 the subject either of clause prohibitory claU ii ht our I tr t at ami n tule or or of strict ad regulation by dip dl p negotiations I 1 sincerely hope mope I that tut we my way contInue th t he evils to arise trw from such ucb Itou without trUo filches ton a and by bT mutual concessions eon self respecting governments Mean Meantime ea tle time we must take lake evey every t 10 o prevent or falling that t to punish ot out outbursts bur bursts of race feeling AI among our or le lepie 1 pie ag tit 1 tO h ot of whatever a na wh who lne have lr by our gnat t a troy right ht to pursue I lawful b tonal pees h hen aD and to 10 l be protected against law Iw IwI I dew annuli alt o or laju Injury This Id lad me to pint point ot oat a Ilo sera tete defect la the present federal k e etine tl tine which ought to b be nw remedied a t lure annual to OD cou q tries h by treaty t the th protection ot of our ou r lW laws lo for IIa o of tl their subjects o or cU ctt taus as we w It j permit to roue te within our on r juro jurisdiction we bO now le late to lu a 11 state nr or a df city no not Under the control of tb e n federal government th the duty rat ot pee or oar done pl tu lit Ibl ibis nept Ry Hy proper on wo omy Int and ought to place la In t the I hand Modi of tb the federal fter executive t ll the n Ineal or of enforcing the treaty tights of IU rub b alien 11 I In I the b Coors ou of the fe taster o government It pun our IOVe goo goola la 1 position to oak mk definite engagement w 10 protect all sU en nI and nd then thea to teu none the fallen to a pet form t those engagements meata b by to n spin p n nation that tl the duty datT to t ke keep them II b p I slater tat or 0 dUea Dt not within our control l j I It we wol would PI promise we e most pt pat patI t I on la in t a position t to perform |