The Montgomery advertiser., 1903-06-18
MORGAN IS WON OVER
PRESIDENT ROOSEVELT AND
 FINANcIER RECoNCILED,
Due to George W. Perkins-James J. Hill, However, Still at Logger heads With the Chief
 Executive.
Waiter wellman's New York Special to

Waiter wellman's New York Special to Chicago Record-Herald.
 | President Roosevelt and J. Pierpont | Morgan have been reconciled. MT. Mor- | gan is not one of those Wall Street f1nan- l ciers who are trying to defeat MT. Roose- velt's reelection to the Presidency. For
 this statement I have the highest author | ity. I am furthermore informed that the reconciliation between the President ana l MT. Morgan was brought about by George | w. Perkins, who Is at the head Of the | Morgan banking house in the absence of | Mir. Morgan.
 Mir. Perkins said today to friend that | the statement attributed to President l Mellen of the Northern Pacific, to the eff | feet that $10,O00 could not be raised in
 all Wall Street for the Roosevelt cam paign fund. must be mistake, in so far
 as Mir. Mellen's reported quotation of
 what Mir. Morgan had said in that con- l nection. Mir. Perkins was very sure that l MT. Morgan had never said anything
 of the sort. and he did not believe that l Mir. Mellen had actually uttered the l words attributed to him in the recent pur- | ported interview. At any rate Mir. Nor | gan was not to be classed among the | New York financiers who are trying to | defeat the President. Mir. Perkins is and | long has been one of President Roose-
 velts personal friends. It was MT. Per kins who arranged the final deal for | settling the coal strike, and it was also
 Mir. Perkins who fixed up the understand l ing as to the antitrust legislation MT. Morgan's young and able lieutenant has | now won another medal as a diplomatist | by patching up peace between his powerful chief and the man in the White | House.
 While MT. Morgan and the President
 have been reconciled, the President and
 Jim Hill are still at loggerheads. The | treaty of peace does not include MT. Hill. He is on the warpath against MT. Roose- welt, and there are no signs that he will
 The story of MT. Hills grievance against
 the President, as I get it upon high au-
 thority, is most interesting.
 | When he sat down to write his first I message to Congress, in the late autumn
 of 1901, MT. Roosevelt was filled with | thoughts concerning the upbuilding of the
 West. As a dweller in the West and
 writer upon the West he was earnest
 and sincere in his admiration for the men ] who had played part in the develop ment of that region. Among these men | MT. Hill stood forth conspicuously in the l Presidents mind. So, in writing his first | message to Congress, naturally he wished | to pay a high compliment to MT. Hill. | As he wrote the paragraph concerning the development of the West 1t was extreme
 ly laudatory of the man who had thrown l a new line of rails across the continent
 so laudatory that a level-headed New | York friend to whom he read his words
 suggested that perhaps he had stopped | over a trifie and that a little pruning
 would be advisable
 President Roosevelt saw the wisdom of | this suggestion and cut out some of the
 warmest sentences. Nevertheless the | words which remained were so commend
 atory of MT. Hill that that gentleman
 was very much pleased. In fact. he was
 never in his life more pleased. After the
 message had been sent to Congress and published in all the newspapers, MT. Hill
 expressed his qualification to some of his New York friends. He said that was the | finest tribute ever paid him
 | '1 shall have the Presidents words
 framed and leave them as heritage for
 my children and grandchildren, he ex- | claimed.
 He was so much pleased that he took
 a trip over to Washington for the express purpose of telling President Roosevelt how delighted he was, and at White l House luncheon compliments were ex-
 changed in the most friendly fashion. | MT. Hill had some~business which kept | him in New York some time, but finally
 he started for his home in St. Paul. Be-
 fore reaching his destination he learned
 that by the Presidents order a suit was
 to be instituted by the Government. which, if carried to its logical conclu-
 sion, would involve the indictment and l incarceration of the aforesaid James J. | Hill Under which circumstances 1t Is not | at all surprising that MT. Hill has ceased
 to be one of MT. Roosevelt's ardent ad-
 mirers and is to the contrary on the war path for scalps.
 l It is not denied ny people with whom have talked that many of the most in- l fuential and richest men in Wall Street are determined to beat Roosevelt if they | can, and that they will contribute liber-
 ally to the Democratic campaign fund.- provided the Democrats have sense 1 enough to put up a reasonably conserva- | tive man on a conservative platform | But thanxs to the diplomacy of George
 Perkins the Morgan house Is not to be | regarded as one of the nte-Rooseveit
 combination. I am creditably informed
 that Mir Perkins thinks Mir. Roosevelt
 Is not only to be nominated without op-
 position, but Is likely to have an easy
 thing of 1t in the election. and as long | as this astute young business man from
 the West has anything to say about the
 fortunes of the Morgan house-and just
 now he has very much to say-there will
 be no putting of heads against the stone wall of Mir Roosevelt's tcamendous pop l u,arity. As the matter has been ex- 1 plained to me by one who is competent
 to speak. MT. Morgan has never been in | politics and Is in no mood to break his
 record at this time.
 As told you i6 dispatch from Wash
 ington few days ago, President Roose- welt said to members of his cabinet that l he was satisfied that the movement to bring out Mir. Cleveland as a candidate
 for the Presidency against him had its
 origin in Wall Street. mentioned this
 to one of the leaders of affairs in the ! street and he replied
 "The President Is very much mistaken We had nothing whatever to do with it.
 It Is true that most of the people here | who are opposed to the reelection of 1 President Roosevelt believe ex-President Cleveland would be the strongest candl- | date that could be run against him. With MrS Cleveland as their nominee the Dem ocrats would surely carry New York; and