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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1911 edition. Excerpt: ...His position looks strong. The President shows himself neither a wrecker nor a quitter. He holds open the door of hope to the law abiding. It is not a barn-door by a good deal, but it is wide enough to encourage business to try to squeeze through. /ANADA'S rejection of reciprocity means that a lot of good work and good-will have gone for nothing. It is not all absolute loss because, of course, the reciprocity bill was not perfect. We have heard fair-minded Americans say that so far as American interests were concerned the bill was not as well worked out as it should have been. But that will doubtless be true of every bill that is ever passed to cut down the tariff. It was true of the woolen schedule bill that Mr. Tai't vetoed. That was an imperfect bill, but it was good enough to sign. And so far as the United States were concerned, the reciprocity bill that Mr. Taft did sign was good enough to become a law. But its chief value lay in its being, so far as it went, a reduction of the tariff. Beaten in Canada, it leaves President Taft with nothing to his credit in the way of tariff revision. Since the Payne bill was passed and the Winona.speech was made there have been two sessions of Congress, and the total tariff record is three vetoed bills and one rejected agreement. Mr. Kipling and Sir Gilbert Parker will be delighted that reciprocity has broken down, and perhaps will get better rest in their beds now that the nightmare of annexation no longer disturbs their slumbers. It is nice that so many honest people are pleased, even though their pleasure rests on unsound reasons. For our part, let us be glad that the offer was made and that it was no fault of ours that it failed. It goes into the political history of Canada, and stands there to...