The Minneapolis journal., 1905-10-07
ROOSEVELT LOYAL
TO MR.. CORTELYOU
Attempts to Discredit Him Will
Not Prevent Shift to shaw's
Place.
BY w. w. Jermane.

BY w. w. Jermane.
Washington, Oct. THE semi -official
denial that the president has taken
Postmaster General Cortelyou out of
the running for the treasury portfolio,
upon the retirement Of Secretary Shaw,
hitherto has escaped proper attention.
All the rumors that Mr.. Cortelyou was
not to 20 to the treasury have orig
mated with those financial interests in
New York which are opposed to him.
The president has a habit Of stand
ing pat on his friendships, and he has
traameot ao of TO 5nls rule IN ms
he will finally make him secretary Of
the treasury cannot be definitely known
at this time, but that he is still think
ing of doing so is well known, notwith-
standing the effort which has been
made to discredit Cortelyou by Great
ing the impression in the public mind
that he is not a proper man for that
place. E~ g.
Around Cabinet Table.
Should Mr.. Cortelyou succeed to this
position, he will have travelled nearly
good record for so young a man and one
50 new, comparatively, to public life.
He was the first secretary Of commerce
and labor, and organized and equipped
that important department.. He then
went to the postoffce, where, years ago,
he began his official career as an OBJ
scure clerk. ....E --.- 7. = ! ~.
out his career, and make him shining
| mark. for some great corporation desir-
ing for it's president or chairman of
directors somebody who is we'll known
and properly vouched for.
Retains Guardianship. 9@
Incidentally, it has become known
that MIR. Cortellyou will not for the
present retire from his position as
chairman of the republican national
committee. This determination was
reached after the insurance exposures
had been made in New York. Should
there be a Legislative or congressional
investigation of the big companies,
leading to more searching inquiry
into campaign contributions, the presi-
dent believes Mr.. Cortelyou the man
publican party. And that he can do
this. to better purpose while still tho
chairman of the republican national
committee, is no doubt fact. | 49,.
To retire from that position at this
time, altho such retirement would be
in keeping with a policy publicly an
nounced several months ago, might. lead
who is close to President Roosevelt
will ever retire under fire, or do any
thing that might look like such retire.
ment.
The president is confident that no in
quiries which can be made will place
| the republican party under public cen
sure: That it accepted campaign con.
never been denied. The only denial
was Of the charge. that these contri-
| buttons had been made thru compul-
sion.
Airing in Congress.
This whole question Of corporation
contributions to, presidential campaign
committees will have thoro airing in
congress next winter. e..
Supplementing. this airing is the work
now under way in New York, where a
committee of legislative authority is
port the results Of it's labors to the
governor, who will in turn lay them
before the legislature at it's next ses.
| sion. >- -: -. i
Between the legislature and congress
| it is reasonably certain that the big
companies will be put upon some safe
footing. 49, r.
Concurrently with the question of
better regulation of insurance compa-
MES, congress will consider whether it
has the power to place life insurance
under federal control. The president,
while favoring such course, is not
sure it can be done constitutionally.
The whole matter will be carefully in
quired into by the judiciary commit
tees of congress, as well as by the at
torney general, and if congress has the
| to do 90 II 10 h1o hot IT
will pass some such bill as that which
was introduced by Senator Dryden,
which he will introduce again at the
next session. Congress has thus far
made no enactments looking in this di-
rection, and. so the supreme court has
not been called upon to decide how far
the general government may go.
States Must Then Act.
If congress is not competent to regu-
late life insurance, such regulation must
be attended to by the several states,
whose conflicting views and interests
will almost certainly lead to laws which
will tend still further to confuse and
| obscure the situation.
i The New York Life company's off.
GERS have been quick to deny that any
of their funds have gone into campaign
treasures. This denial will have a
SOOu 6ucCI LII Cue SOuCu0ru SCdC6S. tOIu
er big companies, which cannot make
this denial, will probably find that their
business in the solid south has been
| permanently lost. Word has reached
Washington from points in Virginia anG
the Carolinas that scores Of prominent
men have permitted their policies tc
lapse in those companies which have
been contributing to republican presi
| Dental committees. It is certain that
hundreds, and perhaps thousands, o1
}, other men in the south have done the
same thing. Democrats in the nortl
!, have done. likewise. =. -
It is almost necessary to the perma
nent existence of such companies thai
, either the general government or the
state Of New York adopt some policy
that will prevent such contribution
, from being made in the future.
KILLS HIMSELF IN MAD FIJI
, | w alter Rartnn a. WahaSha Row End!