Bisbee daily review., 1907-11-12
ROOSEVELT AND THE FINANCES.

Nobody will be surprised at the re- port that the president will rewrite all that part of his annual message to congress which deals with the f. nances. It is understood that all os his message was blocked out before he started on his western trip a few weeks ago. and that it was written out in full immediately after he re turned. Since that time. however, the financial situation has changed. The scare which began two weeks ago in New York has altered conditions stuff ciently to demand a remodeling of that part of the message which dis cussed monetary subjects. This Mir Roosevelt will now do, bringing to his aid in the work several members of the administration, particularly Sec retaries Root and Cortelyou and Comptroller of the Currency Rldgely. St Louis Globe-Democrat.
 This announcement from one of the big republican newspapers of the country is interesting. The assertion that there has been a change in the financial situation will most likely cause people to inquire what caused this change and a great many answer the inquiry by saying that the financial scare and consequent strin- geney of the past few weeks was brought about by the "heap big ialL of the president during his wcstell  trip. His threats as to what he in. tended to do to the railroads of the country and other great industrial n terests was calculated to create @ easiness and doubt in the minds of the thousands of investors through out the country. The trouble about Rooseyelt's speeches is that he is too general in his remarks; he always praises the good trusts and condemns the bad ones. but he does not go far enough in specifying the guilty ones in his bill of indictments.
 Evidently President Roosevelt is beginning to see the injury he has brought upon the country by his too frequent display of hostility towards industrial interests upon which the country must depend for it's prosperi ty and he is no doubt getting ready to hedge in the future.
 That policy of hedging on some of the radical policies of the Roosevelt administration has been determined upon is indicated in tue following dispatch sent out from Washington a few days ago to republican papers:
 Washington, Nov. 6.-President Roosevelt expects a number of busi- ness men, bankers and financiers from New York City and other commercial centeTs to visit him between this and the time for the congress to meet
 The president is greatly surprised to discover the amount of misinforma- ton possessed by these leaders in trade and finance as to his attitude toward corporations. He welcomes visits to the white house and goes to considerable trouble to explain the things upon which they have a mass 6f transformation. Today he talked in that connection with Charles E. Mellen, one of the leading railroad men in New England, and on Monday he had a conference with Messrs. Gar ry and Prick of the United States Steel corporation.
 'Hrhe president today expressed him self as aghast at the way in which leading men view his public utter ances. He believes they secured their transformation from the headlines and editorials of that portion Of the press in the United States which has either purposely or unwittingly mis- represented him.
 The president does not have it in mind to make any radical change in the position he has assumed towards wrongdoers. whether they be corpora tions or individuals, but he is. going to considerable pains and trouble tC axnlain- inst wha1 his nnsifinn is and has been.