The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-03-06
st. Loula Rennblin sncclaI.


Long statement, as II is now known, cal
be briefly told. 1t was inspired by Senate
Hanna. It frightened President Mckinley
1t called for rebuke from Secretary Al
ger II enabled Washington brokeras
| firm to "got even" with u New York iirn
of similar character. Altogether. It is an In
terostlng story, but none hardly calculated
TO make an American proud OF his citizen
ship.
The story, OF course. has It's inception n
tho disaster to the battleship Maine. The
motive was money. Hanna started the bal
s-rolling, Long became his tool. j. piorpnnl
Morgan, Messrs. speyor u Co. and other
New York firms interested in the refundlns
OF the New York Central Lake Shore and
Michigan Southern, Illinois Central and
Chicago, Rock Island and Pacific railroads.
reminded Senator Hanna that the congress
sonul elections were not far off. Hanna
yielded
Mckinley determined TO prevent war nj
any cost. IIo meant TO prevent hostilitics
by great show Of force that would awe
SPAIN lie meant TO keep the bluf up to
the end. The stock market was greatly de-
pressed The moro than generous con-
trihutora to tho republican campaign fund
Of 1855 became anxious. The people cried
out for, vengeance ON tho sayers OF the
sailors Of the Maine. 1t was time for pacific
utterances from some one high IN the coun-
ellis of the Nation
Long weak, vacilating made by Hanna
and a former president of the Mass lchu-
gets Peace socicty-~was told to say some
thing that would give Wall street, aud
more especially foreign, holders of the
bonds of the four railroads seeking re-
funding confidence.
His friends now say that he WIS entirely
honest ana sincere IN what he said last
Tuesday afternoon. Al admit however.
that he was very indiscreet. H. VIII be re-
called that Senator Hanna, on the morning
Of tho day following the receipt OF The
news of Tho tragedy called as tho White
House, 1t VIII also be recalled that a few
lays Afterwards he visited Now York Ger
ana persons spread the rumor that he had
'omu here for the purpose Of sounding the
poneyed men Of Wall street IN relation to
Sar bonds
lfa unor WAS absurd, The senator's
ore oh)ec, IN visiting tho metropolis was
see how much war would hurt hiss
fiends IN wall street. He learned that II
ould hurt the firms who have undertaken
be rofundng Of four great railroad COM
w. NJ 10 lne yN'eha OF SaVp 100000.
,.t 'u,1o ShlI'o nrnlS relh'ni0t MN OF
tpn G'eC,ioh II WAS poiatet out to
"" ~ ~ az Npu oFehl OF peace the bnnds
80 &c t'Nu" ~ an average interest of
~ ug". WHICH hre now paying
~ :, q, %nc -. rom : 70 pGf eent
Vdft hud,"nltCd me COMPANIES that
~ VIII accomplish the refundinE, aud il
ar comes we will be forced Ia Dny engh
W VINO aeinAha " II IS certain that all
~ 'plV'sn io,uo's wiz demand cash They
an not cohSiuer tne new bonds Stlt-edged
we are plunged into II war
nVha'or hanha saw II az clearly as did
'essls, Morgan ~ CO. ard the other frnls
t ~ s,..,, re tlefeiofe made pnclhc
,at,,1 huSlht thpt the ulsNsler TO the
UottNln confidence TO The street. but not
inc pubic
LONG SAVED THE DAY
Something mist mood, ha do,o ~ o,o,
he senator sro,, n,,,, -,
O"'' "'Nue''
''o"s was 'ne man 10 40 IT. Long was
feVailed upon aud the new famous state
iant was issued
-, q pe'"i'"r thins nap
t"e"' III STOCK lohhinB 1T rs always "A case
aos ont dog II was certainly case
dog eat dog In the matter OF Corsou
ioore 4 Schlev If Ma IA I,rosi,,a, , u'''
ity. Tho reputation Of tbcac t~n ,rol sura
go Arms Was made together nnd In IN,
ana ,,,,. Win fT;r,oe ense a' INV M tne
hip, Ii was n case Of Damon ma Pythina
lth wircs oonnuotlng thc ruin souis
Both had grown rieh and in1u nU%,, ,,y
Altering 10 the greed and runidjfv aS ,oo,
tors nnd renresentottrca IN, ',,,,.,,..