The L'Anse sentinel. (L'Anse, L.S., Mich.) 18??-current, 1903-10-31
AID FROM WALL STREET.
Attacks Upon the Republican, Party
which Are Sore 10 Make
Votes for IL.

Wall street is unintentionally, but
very effectively, helping to roll up q
big majority for Roosevelt and the
republican party In 1904. 1t Is doing
this by laying the blame for the drop
| In stocks on the president. The whole
thing began with the coal strike
When President Roosevelt; interviewed
In the strike and constrained both
| sides to arrange truce whereby
peace was established he began the
mischief. according to the way that
a big victory; this gave them an in
centive to make exorbitant demands,
and, as a consequence, there was q
shrinkage in the building operations
Of the country, a decline in general
business, break in steel stocks and a
general collapse In the speculative
markets, which begins to affect other
activities.
This is the way that Wall street at
tacks Roosevelt and the republican
party. The attack Is eminently cal.
culated to make votes for BOTH In
the first place the president did not
arbitrarily use any authority in get
ting the miners and the mine opera.
tors to come together. He told each
side that the sensible and patriotic
thing to do In the exigency was to ar.
range some sort of mosus vivendi
which would permit a re- pening Of
the mines, and that he wou d see that
commission was appointed which
would go over the whole affair care
fully and impartially, and make de-
cision which would appeal to the coun.
try at large as just. His influence pre-
vailed, the mines were reopened. the
vestigation took place. The character
OF the commission at once gave the
country confidence, and its intelli
gence and impartiality won the favor
of both sides to the controversy. The
settlement was acquiesced In prompt.
ly by both parties, and the work OF
coal production has not been inter
rupted since. Without the presidents
interposition the strike would proba
bly, have lasted several months longer,
and millions Of dollars further dam
age would have been inflicted on the
country.
AL! this is something that the presi
dents and the republican party's enc
mics should take especial pains to
conceal, instead Of telling II to the
country. The strikes which Wall
reference began before the coal con-
test was settled. There were serious
labor disturbances several months be-
fore the coal men went out. Then.
too. the advance in the price of mate
rails has had something to do with the
shrinkage in the building industry.
But the strike which the president Is
accused of arbitrarily stopping In,
flicted immeasurably more injury on
the country than the stock markets
decline has caused. Only a compare
lively few have been Lit by the fall In
steel and the other stocks, and most
of these are men who can stand the
loss without serious harm to them.
The present Wall street furry has
been styled by Gates. who Ia some
thing Of an authority on this subject,
q INu III tHO OthCt
hand, the coal strike hit every man.
woman and child in the United
States. It sent up the prices of
necessity of life for the poor as we'll
as the rich The damage which was
inflicted on the general public in 1902
by the coal strike, which they had no
hand in precipitating or in maintain.
ing, was incalculable. The presidents
action in bringing 1t to an end was
applauded by the whole country. Wall
streets attack on Roosevelt for his
action In that crisis is madness which
will hit it's authors hard Mr.. Roose-
velt's patriotic >par: in ending that
labor conflict and In sending the
prices of coal downward will add hun.
dreds Of thousands to the vote for the
republican ticket in. 1904.