New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-02-02


Exactly one year ago. on January 81 1903. The
Wall Street Journal said:
\ certain section of financial world found ITSELF be-
tvty b. President Roosevelt and the Democrats party.
Northern SECURITIES case On the FregdsHys order i has
dsfeat ANYTHING to defeat Roosevelt been
that II is necessary to describe the de-
tails but It is quite p7rtan, 70 note the iaGs that Val
Street. Sr at least vey large section OF wal street
tat6 arr in eneempassn his defeat 30 one suPposss
q, ri - 49, ne I{sr11can rirrv can p0ssply win
with anybody but President ifo.evsI re can Only ns
take either Republican whom It cannot control or
aoMevsr satJ N We neHt I u Tsi5sT, s9sitiea
hold his party and The people at large
These words. written year ago. have been con-
hrned by the course OF events since These hnan-
anjasonlsfn to Sir Roosevelt but BY every secret
spondence IN Intrigue. and especially through
the medium OF those newspapeTs which they
,,Tdsrnns s7 Prssdent Fo3.evsIt POPULARITY
weaken his strength with business men. and
secure his defeat for The Repu6Ican nomination.
or tallng In mat 10 MAKE sure ok tne jI III,
be depended upon TO defeat NJ Eoosc{eit at IN, tns
VIA; has been the result OF thsss erorts7 For
to defeat Roosevelt might succeed The reaction
II trade Ts USED MID sqe e1Gt s aS e ia ya
upon and the idea that the President was unsafe
that The inroads made upon the Presidents poPu-
larty and upon the condolences which IS 50 generaiy
held In his honesty OF purpose ana as Sousess ~
Senator Hanna has failed The aIIuring bait which
has been dangled one after the other before tne
TAFT. to get them TO consent 20 stand for the
Ioninao9 IN 9gposioE 70 tne5 T4Ie5 az f,iS St
fu TO ,ne head Of the administration to which they
have at least discovered that the effort to defeat
Mi h 52T i favd PeH 2as ala and
eourageTnent to The co1servat'e teEeII ~ NJ VI
Bryan and Organism out OF II IT Mr. Roosevelt
ciaI interests opposing him were prepared to De-
feat him at the polls 3y Ieno5Tatlc caaiu ne,
a time the Democratic reOrgauizers appeared 70
make great Roadway. They met With The warm
who were obliged to abandon the party IN the last
financial hsresIes eonahsd in Mr. Bryans plat
form. but who earnestly desired an opportunity 70
on terms which would preserve their seli-respeGt
and honesty but tne reorEiLe 5s, Nv ~ We o{
be able unite the two irreconcilable elements IN
M Ii, ;r,tS5I,t sscri1, mat tInantmitv
and enthusiasm which give promise OF success.
d1anciaI interests in Wall Street opposed to Mr..
RoossveIt were waiting FOR an opportunity to at
tach themselves 70 "a Conservative Democrat who
msht be the 6 ta t PaFB R9 cV9 70
ganizers by loading II with the burden OF Jns al
division in the ranks OF the Republican party and
the securing OF substantial peCuIlstIF SIppoIL
the financial interests lost In popular standing
by the conviction that alliance was conts;n-
plated between the Democratic party and that ee-
iueut I'm Wall Street which opposed Roosevelt De-
cause thew could not control him
But whatever progress was made BY the Denlo-
cratic reoTganizers. they were brought to sudden
halt BY the aggressive stand taken by Nr. Bryan
upon his return from Europe. Whatever else may
be thought about Mr.. Bryan. there can be no doubt
that his public utterances, since returning, nave
made a deep Impression. lie Is the only figure now
which looms large upon the Democratic horizon
and he Is the OILY Democratic leader who has the
courage Of his convictions. His recent utteranceS
make the prospect of the nomination Of q con.
servatfve candidate at the ST Louis convention OF
tho Democratic party very doubtful indeed IL
takes a tvo-thiris vote 70 nominate candidate
I'm tho Democratic convention, and 70 say that
Mr. Bryan and his following will control at least
one-thIrd Of the delegates seems a very moderats
estimate. $50
thus the anything 20 beat Roosevelt move
rrent started by those Wall Street interests WHICH
discovered that President whom they had p2id
their good money 10 help elect would not recognize
financial oblgation TO them has gone 20 pieS s
These financial interests are. indeed. between th9
devil and the deep sea" They have not even snS-
ceedcd In arrayinc Wall street sOidly against him:
some OF the most substantial and highly respected
fnancers have refused 70 take part In the move
nent against him. .
Those newspapers which are known TO be most
closely Identified with the financial interests op-
posed TO Roosevelt now admit that his nomination
fa inevitable.