The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1907-09-22
CHAMBER 4 FAVORITE
May Point Way to Solve De-
mOcracy'S Problem.
TAMMANY AND PRESIDENCY
Lining Up SoIidIy Behind the Scion
OF the House of AstOr-ROOseVeIt
Expected 40 Dominate the Republic
can National Convention and Rule
II with IA Rod of Iron.


SPECIAL 10 ihe Warrington Herald.
New York, Sept 2I.-The announcement
by the Hon. T. D. Sullivan, former Con
gresham, and the political right arm Of
Charles f. Murphy, leader of Tammany
Han, that the Democratic organisatio Of
the State of New York would be a unit
In its support of Leut.-Gov. Lewis Stuy-
vesant Chanler for the Democratic NOM
ination FOR the Presidency is the political
sensation of the week
This announcement as may be imagin-
ed was not made without due considera-
ton Of what it would mean 10 the Coun-
try at large. In the first place II seems
to dispose Of the candidacy Of Mr.. Hearst.
The newspaper editor has weaTied Of be-
ing a candidate. and must have commune
Gated that fact to Mr.. Murphy. otherwise
Tammany would never have taken the
decided stand il has in this matter. Tam
many supported Hearst for governor and
stood ready 10 go behind him again, but
for Hearsts positive refusal 10 allow his
name to be considered.
Il is believed here that Mr.. Hearst
suggested 10 the Democratic organiza-
ton. through Mr. Murphy. that It get be-
hind Gov Chanler Evidently Mr.
Hearst #9uld rather help make a Demo-
cratic candidate Tor President than be
one This attitude on the part Of Mr..
Hearst has puzzled the politicians, but
those close 10 Mt Hearst see In Il very
clever hit al William J. Bryan.
II is generally known that when Bryan
took the Parker end of the Democratic
fight in the last national convention he
parted company with Hearst for all time.
Even Bryan's friends had TO admit that,
after all Mr. Hearst and his papers
did for the Commoner in lsg6-lS0J, the
least the Nebraskan could do was 70
stand neutral Mr.. Hesrst's friends go
farther and say Bryan should have sup
ported Hearst-if il was the last act OF
his life.
His notion in pushing IieuL-GOv. Chan
Ter 10 the front is not without a sense
OF grim Hearst humoT. IL VIII let Demo
Gratis throughout the country know with
out Mr.. Hearst saying so that he will
have none OF Bryan.
Market slump and Its Cause.
The enemies OF the administration are
trying TO make il appear that the recent
slump in the stock market was brought
about by President Roosevelts relentless
pursuit Of grafteTs and Endorsement Of
The same by The Hon. William Il. Taft. the
Presidents personal candidate for the
next Republican nomination for the Pres
ideucy.
This is highly exciting. but Il is not
true. and the alarmists who are spreading
this kind OF wild talk IN the hope OF in
flaming the popular mind against the
Taft candidacy should reflect that as long
as the railroads. as the- did last year
show an increase in net earnings Of Slo4,-
7Z3. "a over the net earnings Of last year.
the country is in no immediate danger Of
going into the hands II a receiver.
IL is quite true that stocks have taken
a tumble and many stock gamblers have
been hurt financially. but this tumble
was due, and the President OF Che United
States viii all his vast power, could no
more have stopped il than he could stop
the waters from pouring over Niagara
Both obey a natural law. This crumbliug
away of fictitious values in stocks Is
really a good thing for those who are not
engaged IN gambling operations. The
banks which have loaned money on these
waJered securities now have plenty Of
money on hand 10 be- let out to business
men Tor legitimate purposes. This was
demonstrated by the way the 100000
New York City ~ per cent loan was
oversubscribed.
Idle Talk Of Conspiracy.
The fall in the price Of copper IS cited
as an argument 10 show that Mr.. Rogers
and the Rockefeller combination that con-
troll the copper production Of this Coun-
try are IN conspiracy 10 ruin the coun-
try's credit and in this way make the
President and his candidate CTafU an
popular Mr.. Rogers may OF may not be
in favor Of the Roosevelt policies. but he
IS not dropping millions merely as mat
ter OF pique If Mr.. Rogers was that
kind of a citizen he would not be worth
the one hundred millions or more he is
generally credited with possessing.
Mr.. Rogers and his friends made the
mistake Of supposing that they could
mine and control absolutely the price Of
copper. and they went blithely along pro-
Gucing the metal and holding the price
al a prohibitive figure. 1t is the old
story Of leading the horse TO the foun-
tain. but how are you going 20 make him
drink How was Mr. Rogers going TO
make the public buy copper? He knew OF
no way, nor could any Of his friends in
the copper combination offer a sugges-
ton that was worth csshng.
The inevitable result followed in the
fall in the price Of the metal
Anti-ROOSeveIt Argument.
This so-called Rogers and Rockefeller
conspiracy will strike the ordinary OBJ
server as a poor argument for the anti
Roosevelt men 10 employ. Copper at the
price It is now selling can be mined and
sold at d great profit. II Il reasonable /
price is maintained. there will be a ready
market for every pound of it that is pro-
duced The fact should be ever present
that neither President Roosevelt nor Mr..
Rogers makes the price Of. copper. or any
other metal Mr., Rogers and his friends
may control Il for a time but any at
tempt 20 make the public bur at a false
price can meet only with disaster.
These few observations are offered 10
show how ridiculous is the campaign that
is being waged against Taft After all,
what does it alb amount to? The Presi- |
dent has the Southern Oficeholders. and
they. with what help they will set from
the Federal ofiiceh0lders in the North, |
viii make UP the majority of delegates in /
the next national convention. President |
Roosevelt will absolutely control the next
ID