The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-08-23
His Forecast Anything but Prom
ising for Democrats Wall
Street Divided.
CAMPAIGN FUND rs
SLOW IN GROWING
Little Democratic Money Will Be
Spent in Maine and
E4 Vermont.
RY w. w. Jsrmane.

tSliloCIilS lIlaI the trusts VIII
not come up to expectations in their
contributions to the Parker campaign
rund. This fear may not be realized,
and yet 1t has possession of Chairman
Taggart of the democratic national
committee. and he has expressed him
self very freely on the question of
campaign contributions. But the can
Vass is only just beginning, and there
will be plenty Of time for large con-
tr1butions and for effective work in
all the close states. Mr.. Taggart may
be too easily alarmed. The fact that
ne Is not in close touch with the Shee-
mans, Belmonts and Peabodys of the
democratic management may explain,
In part, his uneasiness. There will
probably be more democratic fat fry
Ing this year than is dreamed of In
the Taggart philosophy
= Yet Mr.. Taggart, in a recent inter
view with Judge Parker, made some
very frank, not to say brutal, state
ments regarding the campaign out
look. 1t is noticeable that there is a
lack OF enthusiasm among the demo-
cratic leaders here. The Murphy
MoCarren feud becomes more bitter
the longer 1t Is continued, and aside
from that the general situation does
not inspire confidence. In the light
Of all this Mr.. Taggart pointed out
to Parker personally, during visit
i1SOpoS, ltiO eIlHloSL lllSupSTdDle
difficulties in the way of Parker
election. The news wasn't welcome,
but Perhaps it has set the Parker peo-
pie thinking. Taggart told Judge
Parker that the democratic vote In
tbe electoral college could hardly go
above 2Gs, which is 81 short of a ma
tority. He gets the 208 by adding to
the solid south, which has ISL votes,
New York. with 49, West Virginia
with Z, Nevada with 8, and Maryland
with 8. With a liberal campaign
fund he thought it possible to add to
this, list New Jersey with II votes,
Conhecticus with Z and Rhode Island
with 4, making 235, or short of a
majority. He didn't know for the life
Of him where these four were to be
got. Indiana, he said, was almost
hopelcssly republican. The gold dem
ocrats. there were not returning to
their first love in sufficient numbers,
he reported, to overturn the republi-
can majority. In Illinois and Wis
consin he saw nothing but republican
n1ajorities, no matter what kind of a
campaign might be made, and he felt
certain Of nothing in the far west ex-
cept Nevada.
This surely was not comforting
news, but 1t no doubt comes nearer
rejecting the exact truth of the situa-
ton than anything that has been said
by any prominent democrat since the
campaign opened.
Financters Are Divided.
Mr.. Taggart is understood to have
~felt the pulse of Wall street and
ascertained that 1t was not beating in
entire harmony with the Parker can
didacy. The chief trouble is said to
be the Parker address Of acceptance
which did not come UP to the expec-
tations Of the moneyed interests. II
was not snappy. enough, did not show
sufficient energy or fixedness of pur.
vague as to suggest that the mar
making it was either using language
to conceal thought or was really un-
informed.
But, as T have said, the statement
that the trusts are not to finance the
Parker candidacy is too good to be
true. 1t is too early to know wha
money will be on hand on either side
Chairman Cortelyou will not be able
to figure UP his committee bank &C
count until the very last of August
or the first days of September, ant
Mr.. Taggart will not have definite in
formation at an earlier moment.
That Wall street, however, is no
all for Parker is pretty we'll under
stood by this time. The New Yorl
Herald poll of the Stock exchange wa
an eyeopener to the country, ant
there have been less conspicuous bu
equally significant happenings il
other directions, all going to shov
that the opposition to Roosevelt
among the f1nanc1ers has been great,
overestimated. A year ago there wa
no doubt a good deal of it, but it fa
decreased until it is only the shadoy
of it's former self. James J. Hill, tn
Northern Securities company and 1t
friends, and many prominent Ne1
York corporations which have fel
the sting of Roosevelt's franchise ia
BILL passed while he was governor
are still in bitter opposition to hi
candidacy, and may be depended upo
to make liberal contributions to tn
Parker campaign fund. But at tn
same time, the Morgan interests, g
one time hostile to Roosevelt, are ur
derstood to have changed position
Numerically large majority of tn
New York financiers are for Roose
welt, while so far as the capital the
control is concerned, it is said to /
about equally divided between tn
two candidates.
Fight in Maine Useless.
Mr.. Taggart also said to Judge Pal
ker that it would not pay to max
q fight this fall in either Vermont c
Maine. These states will hold the
fall elections next month, and wi
certainly give large republican ma
jorities. He thought it very unwis
considering the probable smallness {
the democratic treasury to make
big fight in sure republican state
merely for the purpose of trying
gain the uncertain advantage of hole
ing down republican majorities. TIL
same money expended in the clos
states, he thought, would be expende
to much better advantage. Therefor
he favored letting Maine and We
mont severely alone.
The Maine election will, be hel
Monday, Sept. r. William T. Cox
Is the republican candidate for govel
nor and Cyrus w. Davis, mayor
Waterville, the democratic. Amor
the issues are the temperance que
ton, adjustment of the fee syster
taxation and greater economy in tt
management of the states affair
These issues have assumed for
which threatens to reduce the repul
lican majority, and yet Mr.. Tagga
is afraid to make a fight in Main
Not only is the democratic par
threatened with comparative power
this year, but Mr.. Taggart points OF