New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-27
PARKER BOOM in DANGER.
JEALOUSY OF BELMONT.
Big Trust Mem Fear Rothschatd'
Would Haze AdUantage.

Unless a change for the better takes place at
once. an utter collapse Of the Parker boom IN
this State be counted on prior to the as
sembling OF the national convention at ST. Louis
on July 6
Intense jealousy OF August Belmont, because
of his attempt TO run the financial end or the
Parker boom. has sprung up among certain
trust men who one year age We're ready TO help
defeat President Roosevelt. Everything went
well until Mr.. Belmont made his famous secret
visit to Esopus and stayed all night as Judge
Parker's guest. Then it began TO dawn on these
trust men that August Belmont was shaping
things so that he would be the financial power
OF the Parker administration in case OF Demo-
cratic success
The banking house of August Belmont & Co.
Is the American representative of the Roth
schilds OF Europe. This fact has become I'M
pleasantly significant TO certain big Wall Street
men ever since Mr.. Belmont assumed RESPONSE
bility for financing the Parker boom AS a
member of the Stock Exchange put it yesterday
In talking to Tribune reporter:
SIr. Belmont has started out. as Mr. Whitney
did in 1892. to organize a Democratic victory.
He has not gone about ii Whitney did. how
ever. He has played lone hand. and 1t is be-
coming apparent that Judge Parker's election
would be quietly advertised throughout Europe
as great victory for the Rothschild interests
in the greatest republic in the world. William
Z. whitney did not go at his task In this way.
He called in all the big fellows IN Wall Street.
and many of them were Republicans at that.
He told them that 1t would not hurt banking
interests IL the Democrats were enabled 10 elect
a President. He talked all the independent
bankers around TO his way Of thinking. and
Cleveland was elected.
Mr.. Whitney raised S1.sO0OOO for the national
committee. TO say nothing OF large fund for
the State committee and the Tammany people.
In this he had the assistance OF Roswell p.
Flower and other strong men. In no instance
did he try to work II all out by himself. Mr..
Belmont is seeking to emulate Mr.. Whitney as
an organizer of Democratic victory. He has
undertaken the task Of financing the Parker
boom, but he is not consulting the big interests
In Wall Street. The result OF IL all Is that the
Parker boom Is almost dead IN Wall Street. and
it is sagging all over the country.
In Pennsylvania James NJ. Guffey, the ma
ttonal committeeman, has refused to indors4
Parker and the Southern States holding their
conventions since then have not been enthusi-
asttc for Parker. Along the Canadian frontier,
where the friends Of James J. Hill are in con-
troll OF the Democratic orgs nizations. there is
the Same studied antagonism 10 Parker and
Belmont that Is observable in Pennsylvania
II means that Mr.. Relmonrs efforts to enlist the
trust maGnates have failed. and that some other
expedient will have TO be used
There are some who predict that IL Judge
Parker is elected President August Belmont will
be Secretary of the Treasury II is this convic-
ton. coupled with the idea that the RothschiIds
would obtain an advantage through Mr.. Bel
monts success. that has caused the GOODNESS
IN Wall Street on the part Of certain powerful
financial interests toward the Parker boom