The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1902-09-04
M0RGAN'S POWER.

The Springfield Republi IAN In com
menting on the reign Of "Morganism
says:
This is distinctly the reign or the era
OF J. +. Morgan. He is the first person
age and first power in the United States
today, and is so recognized abroad quite
as much IA ut home; and the people
down East who are crowding about to
see and hear and applaud the president
Of the United States are following a
secondary attraction. Let Morgan start
out on talking journey and see If this
would not be 40, But Morgan is quiet
and this gives the president his chance.
Nevertheless, there seems to be no popu-
lar question "a TO where the real chief
executive power Of the nation Is to be
found. The place is Wall Street corner
Broad.
I'VE find proof of this abundantly in
the news Of the day There goes mp
from the helpless people Of the country
a frantic appeal for the ending OF the
coal strike, so that we may not all
freeze the coming winter, and it IL now
addressed in every case to Morgan. 1t
IL generally conceded that he can end
the strike if he will by a single word or
nod Of the head and TO him all pray.
ers and petitions for relief are being
directed Duly constituted authority
counts for nothing The delegated
might Of millions Of citizens il some.
thing laughed at by citizens themselves
no less tuan by the coal monopolists,
The governor OF Pennsylvania is "A non
entity in the matter although the coal
roads are violating their charters every
day The president Of the United States
is cipher IN the case although the an
thracite combination exists in open de
fance 81 federal law And all recog
nized the fact, aud 30 the appeal lies to
Wall Street corner Broad Great is
Morgan aud who is big enough to be
his prophet
No one. Russell Sage who used to
be considered somebody, can only bow
in humble alteration. Morgan he says
j. the greatest man in the world, and
when they reminded him Of what Pres
ident BAer Of the Reading road said
about the Christian men Of monopoly
who have Us all in their holy keeping he
could only reply SO President Baer
thinks that God gave the mines to the
operators. and that the miners are
simply interested in receiving their
wages eaCh week does he2 Well. |
wouldn't be surprised if Mr. Baor woke
up some morning and found that God
had given Mr. Morgrn the mines and
everything else in sight That morning
appears already TO DE dawning Where
the sages fear TO thread "Our Chauncey"
Of course would mol hesitate to rush in.
and here find the nearest approach to
the assumption Of prophecy in regard
To Morgan. Says Senator Dephew on
landing from a European steamer
The people in Europe thuk of Mr..
Morgan as supernatural being. Well,
perhaps ] ought TO change the word
supernatural but they do look upon
him as u marvellous person Every
where ] went in England the people
were talking about Mr. Morgan and his
plans, wondering what they were aud
whist he was going to do next. think
they are afraid Of him in way. and
imagine that be is going TO do some.
thing awful
So Russell Sage says there will be a
revolution, does he1 Well. | guess
Russell will have TO be centenarian
twice over before he sees any revolution
brought on by the industrial develop.
ment Of the kind that Mr. Morgan
stands tor
Here Is proclamation Of the indent.
ity Of the creator Of the countrys pros,
perity and prophecy that revolutions
and panics and disastrous reactions are
out Of the question while the marvel,
ous' or supernatural Morgan lives
II is well TO know just who or what
power has our material salvation in
keeping, and just where we are 10 turn
with petitions for relief from strikes,
fuel and other famines aud troubles
But how are the American people likely
To relish situation which finds them
tied up industrially, rs 1t were, and