The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1903-12-06
GOSSIP OF
METROPOLIS /: | /: } !.
Wall Street Does Not Believe
Mr.. Roosevelt d Safe Man
for the Presidency.
ARMY OF LAWYERS "A. IN N. Y.
Many Of Then, Never Had =
Case in Court and Never
Expect 10 Have ono.
ARMY or LAWYERS IN N. Y.
eY JOHN MARTHoL.

Ks fSpeclal TO Tie Times-Dspatch>
NEW YORK, Dec. 5.--T'o state that
1nnnclers nro suffering from the effects
OF the shrinkage OF real values, the COL
lapse OF bubbles. the curtailmert OF cred
1t and tho consequence Of ll-adviscd UNI
dcrwritlngs ls not news. Capital. With
Its proverbial sensltivencss has acted witt,
It's customary titnidity and business Of all
kinds that has connections With banks
and trust companies has suffered in con-
sequence. A nervous tension pervades
the flna ncial center and the near approach
of Presidential election addsato It.
The publication Of Mr.. Clevcland's let-
ter declaring that he viii not furnish,
Democrats with himself as Presidential
timber has had the effect Of confronting
Wall Street with tho political situation.
IT Is an open secret tina the noncyed
Glasses In 1898 entered Into the campaign
for self protection. Gold or solid money ar
rayed itself against silver and Bryan.
IGN. believing itself attacked. Senator
Hanna did not have to ask twice for
money. He collected, II is said. upwards
OF four millions. In 1900. the peril seem
ed less imminent yet Wall Street cor
rorations were agreeable to any demand.
This money influence was a dangerous
one to call into action. In preceding years
when the issues were confined to the
tariff, money was not 80 abundantgor so
ready. "A,
al II is fact commonly stated. that Wall
street does not believe Roosevelt "a safe
rcnn." 10 the nervous condition he Is "a
contributing cause It Is not so much
what he has done, but what he may do.
THE President" said a conseryat tive
nnancler lis a man who Is capable OF
L. Nt ut too y1tQ
ship and also OF performing some signal
act OF lrreparable folly. lie reminds me
OF a man with torch running among
magazines filed with explosives. Ee
might escape without accident or blow
everything up. himself included. There
Is no calculating upon him. would ne
glad to know that on March I. 1905, ne
was to retire crowned with honors. Nc
Kinley and Cleveland were safe men,.
IL not Cleveland. who2 This Is the
question much discussed. The majority
favor Parker some German, a few Gray.
Wall Street would like Hay. especially
those who do not want the tariff changed.
But sngularly enough. the idea OF re-
trepchn ent Is abroad and many Hprotec-
tionists favor. curtailment In national OK
renditure even though 1t involved low
ering the bulwarks surro undng 'our IN :
INT indus tries" Naturally enough Judge
afOFkcTj VINO ~ u E34>C = "a ~ = - -
standing In hIs profession, noted for his
calm, careful. cultured course OF rea-
soning, is we'll thought Of by the cor
poration people. they believing that ne
s SAFE conservative and not given 70
whims or fancies. 1T would seem from
the trend Of gossip that Clevcland's man
tie VIII fall on Parker's broad shoulders
q Esl sat& y E%Et1 aatfs34
The Home Market Club directors were
to say the least startled by the heresy
OF F'oss, and tn, organ" read partl'
san lecture 10 Congressman Lowering
for venturing to suggest that the tarlfl
should be removed from alcohol Tor use
en- the mechanical arts. How bitter the
feeling is in regard to Foss is evidenced
BY the clubs departure from It's time
honored ustom of making vlce-presidcnts
Of Its retiring directors. When the cleo
ton came around Foss was sunmnrily
dropped from membership. This act
caused n sensa ton; the press has taken
IN the incident. and the advertisement
the club is getting Is making 1t look
cheap. I7oss is a good loser. and ne
came un. smiling after his defeat at the
polls. Senator Lodge recognized his
strength. and seeing trouble ahead, de-
clared that ''Foss Is all right; he's
good fellow Foss started in on an edu-
cationa campaign, convincing voters he
believed In reciprocity for Its own sake
leadership of Foss reciprocity Is spread
Ing like widf!re among the people. Re-
publican leaders recognize the ability.
energy, wealth and Influence OF. Foss.,
also his weight with voters. What shall
they do? Read him out OF the party or
take the consequences should he with
draw his attention from business and