The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1903-12-20
New York Letter.

| New York, Dec. 19-It is said Wall
Street is against Roosevelt. There are
men in Wall Street who are against him
| and there are others who are for him.
| 1t is true the contributions for him will
not equal those made to the late Mr.. Nc
| kinley, but even it the murdered presi-
dent was in the flesh and once more q
candidate he would not be greatly bene-
| fitted Wall Street is not philantrophic
| or benevolent. 1t care nothing for popu
| larity. 1t opened the strong boxes ill
1856 and 1900 not to elect Mckinley, but
to beat Bryan. 1t regarded the latter ~
dangerous man, one who proposed 10
| topple over the money basis, the Supreme
Court and the Lord knows what else
Money is the weapon of the capitalist
and he thinks capital and the safeguards
to capital are attacked it is not strange
money is drawn and used. Wall Street
may not desire Roosevelt, yet it will not
oppose him with its millions. And further
more, the richest men in the party have
been the heaviest losers in stocks and they
have no checks or commanding size to
give away; of course. the Rockefeller in
terest which has gained much through
its handsome banking connections with
the government will contribute the usual
princely sum to the campaign committee.
Barring the Rockefller-Stillman City
Bank interests there will be no large
contributions except another Bryan ap
pears to cause alarm.
Democrats in this city are somewhat
surprised by the rumor that Tammany
would leave the State in search of a
;o1 ~
believe that the leader in New York
county, Mr.. Charles f. Murphy, would
prefer German, of Maryland to Parker
of New York. Although the cohorts OF
Tammany would support any Democratic
candidate regularly nominated. it nee Is
more than it's own splendid majorit;es
to carry the State. Not only is the full
strength of the State required, but the
independent vote as well. German would
not be acceptable % the independents
Tammany should seek to nonli.
nate a city man for governor and
win his election by placing Parker, of
Ulster county, at the head Of the ticket
In this connection congressman Francis
Burton Harrison, of New York City, hat
been mentioned. He would make clean,
strong, candidate and greatly help the
With Chief Justice Parker, Francis
Burton Harrison and Geo. B. Mcclellan
representing nation, state and city, New
York would have reason to be proud
of her sons. Of these, Mcclellan will
on January first begin period of public
service He is elected for two years.
Doubtless, he will make a brilliant rec
ord and if so the gates Of a great career
will open to him. ALI talk of making
him q candidate for the presidency il
1904 is nonsense. He must serve his term
and show his value. Tammany Hall
Mayor is at best a doubtful quantity
Mcclellan knows this and is determined
to prove his ability and fitness for the
office. He has youth and courage and
ambition. Let success crown his efforts
and time develop him for the highest
honors of the party.
That interesting proceeding which seeks
10 turn the X-ray light and truth into
the darkness and deception of the ill
lated shipbuilding company promised ito
show UP Morgan" Well the lawyers got
their machinery to work and put George
W Perkins on the stand. He had been
heraided far and near as the one witness
who would be compelled to divulge the
heart OF the great mystery. All eyes
We're fixed on him. Every word was lis
tened to with the greatest interest. The
examination proceeded along smooth
| lines: but. alas for those who love sem
sation. the witness proved nothing be
ycnd the fact that his firm had done moth