West Virginia argus. [volume] (Kingwood, W. Va.) 1877-1946, 1907-09-05
OUR washington LETTER
United States Treasury Opened for
Benefit Of Wall Street.
WHAT MILL 1T DO In RETURN ?
8spubliean Party Disheartened- Presi
dents Cabinet to Be Rsorgan-
issd-Boraparts to Go.
From OR Regular Correspondent.


WASHINGTON, ID. e., Sept. s.
AS lately predicted in this CORE.
spondence Secretary Cortelyou has
opened the United States treasury
vaults TO the national banks, and
although the evident intent is 10
help the Wall street fnanciers by
easing up the money market with the
surplus government millions. the
time when these loans are TO be
made is to be shiouded in mystery.
Only the insiders will have the tip
when easier money may he expected
ana those tavorites of the Republi
can machine will, of course, be able
10 tell in advance the expected rise
in the price of stocks. Will those
favored Wall street fuanciers return
the favor by being liberal contribu.
tors to the next Republican cam.
paign fund, or is this part of the
pay for contributions to the Roose-
welt campaign OF Ioo41
'lt we don't elect the next Presi-
dent II will be our own fault" was
the opinion expressed to me a day
or two ago by very prominent
Democrat from central state, who
has been enjoying IN moderate
way the dissipation of Saratoga for
few weeks.
"what makes you think SOP" |
asked him.
"Why, look at the disorganized
condition of the Republican party
There were hundreds of leading Re-
publicans at Saratoga, and nearly
all of them were disheartened at the
outlook. They don't know where
they stand politically, for the Re
publican gospel according to Taft
disagrees with the epistle of Foraker
and the doubtful states are all torn
up with party feuds. Not only in
Ohio is there a party fuss, but in
New York the rival Hughes, Wood
ruff and Odell factions are fighting;
in New Jersey the Colby reformers
are trying to break up the Republi.
can machine; In Massachusetts the
rival factions will turn the state over
to the Democrats if they don't use
better judgment than they have been
displaying, and President Roosevelt
has finger in all these messes, be-
sides any amount of trouble in other
states"
'If we only could nominate some
one who would unite our party, "
continued this Democrat, owe would
win, whoever the Republicans nomi
nate, but fear that Mr.. Bryan is a
handicap we cannot Struggle under.
Ii | thought he could carry New
York, New Jersey, and run as well
in Massachusetts as any other Demo
crat, / would look no further for a
candidate, but these Democrats
have talked with from those states
pretty much all agree that Mr.. Bryan
would not poll the Democratic vote,
50 l am forced to look elsewhere
for winning ticket"
"Who have you in mind1" 1
asked him.
"1t is too early to arrive at a de-
cision. Much may happen politi-
cally, especially when congress
meets, that may change conditions,
and we must remember it is still
nine months before the party con-
ventions will meet"
] could only assure him that 1
had every confidence that the united
wisdom Of the Democratic leaders
would select the most available can
dIdate when that duty devolved
upon them.
II is the general opinion here that
there Will be another reorganization
Of the cabinet. That Secretary
Bonapsrte will be one Of the lambs
to be slaughtered to appease the
wrath Of the good trust and railroad
magnatesj that Secretary Taft will
resign about mex, March, and that
Secretary Metcslf will be gotten nd
Of as soon as possible. There is no
doubt that Secretary Root would
have Withdrawn from the cabinet
long ago, but he trust and railroad
interests induced him 20 stay, as
they wanted his aid 90 occasions
when it was found necessary 20
bring pressure on the President ana
prevent him running smuck" ON
some new usurpation, which even
Republican reformers, such as Con.
gresham Mccall. dcnaunce as dim.