The Bellefontaine Republican. [volume] (Bellefontaine, Logan County, Ohio) 1855-1905, 1902-09-23

ing.
Morgan Nursing Wrath
Against the President.
Washington, Sept. l4.-Today, after
the memorial services for President
had been conducted in the
various churches of the city. group
Of public men was discussing the most
important act of Roosevelt's admins
tration, which Is now nearing q year in
age. After Q canvass OF the more i'm
portant acts OF his Presidential career
it was finally agreed that the executive
event of the most consequence was the
Of the merger suit. There
was no disposition to minimize the i'm
portance of other executive acts, but it
was deemed that this one was Of great
er interest and value than any other,
perhaps of all others combined.
The discussion quickly reached the
one vital one as to whether President
Roosevelt was making good with the
business world. In this connection one
OF the well informed men present said
that he knew that within the last few
weeks ]. Pierpont Morgan had said
that IL the Republicans insisted upon
making Roosevelt their candidate in
the next National convention it would
be better for the business world II the
people would elect Democrat OF the
stamp of Cleveland. There was the
difference of opinion TO be expected as
TO whether Morgan made such an ex-
preston, and the discussion was rela-
lively Of no value because no one could
know whether the report was true or
not, although it was admitted that the
authority was first class.
Reflects Feeling In Gotham.
Independent of the correctness Of the
report, all agreed that 1t represented
the feeling Of many Of the leading
inanciers OF New York. In one way
or another intelligence is coming from
New York that the financial men are
seeking information as TO the best way OF
accomplishing the defeat Of Roosevelt
in the next Republican National Con-
vention. AS told in these dispatches
from New York fortnight ago, the
prevalent feeling there is that he is not
the kind OF q President the men
interested In gigantic business deals
would favor.
Immediately after the announce.
ment of the beginning Of the merger
suit, President Roosevelt and J. Pier.
pont Morgan had what may be de-
scribed as Q rather sharp falling out.
Morgan was just as much surprised a.
any one in the country over the begin
ming Of this litigation by the Attor'
ney General. He had sent his agent te
Washington to investigate the report
that such suits were to be begun. II
was reported back to the Office at Broad
and Wall streets, New York, that there
was no intention Of the government u
legally test the validity Of the merger
The agent who made this report wa,
George W. Perkins, vice president O
the firm. 1t Is understood that Morgan
made something of an investigation or
his own account
Their work was as fruitless as that o
the newspaper correspondents. Tn,
announcement came as clap Of thun
der out Of . clear sky. All were sur
prised. Morgan was very indignant
He claimed that 1t was not good polio,
TO give the business world shocks ant
surprises. He said that independent o
the merit Of the salt he felt Their
should have been some preliminary re
ports, more or less direct in authority
which would have given the financia
world Q chance to prepare for tn,
effect
Deception Charged by Mr.. norgan
He contended that instead Of this
deliberate effort was made to deceiv
the business world. OF course, this !
Morgan's selfish view OF the matter
The ordinary man will fail to under
stand why Morgan should have an
more special information than q smal
stockholder in one of the properties In
volved. Morgan Is not in the habit @
taking the ordinary view of anything
and his anger was mighty.
A few days afterward he received 81
invitation to q state dinner at the Whit
House. The writer's recollection
that 1t was to the Prince Henry dinner
The invitation was extended to Morga
as q representative business nan {
America. In his wrath he first dt
clared that he would not accept. After
ward he cooled down and did sccep
The President heard Of 1t, and he,
turn, was very angry. He said that
was an honor to any man to be invite
to q dinner at the White House, an
not any special honor to the Presider
to extend the invitation or have it a.
cepted. The affair was smoothed owe
and nothing more heard Of it.
| Whether the resentment or feelin
Of the great financier Is still alive an
smoldering, no one can know.
|
The president has served notice G
the party leaders that he dosen't war