The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1907-08-28
THE SAME
TINE WORN PROMISES
Tae Chief Effect Which Is
10 BOOSt Prices Oh
Wall Street..
y 2 np

Special Correspondence Daily Leader
Washington. D. g., Aug. 2s-The /
speeches Of President Roosevelt and
Secretary Taft are. Of course, the
chief political news of the week AS
the American people like their politics
at first hand. it is hardly worth while
to send time bothering with what Mr. /
Tart says when we can get Il hot from
the griddle from the real oracle him
self AS the President has been silent
for such a long time for him.-what
he now says has ne doubt been care
fully considered and must be taken rs
expressing his deliberate policy IN
dealing with public affairs one Of the
most extraordlnary statements ever
made by president OF the United
statesis President Rocsevelts declara-
tionthat he should enforce the law
against rich and poor alike AS this
| Is the sworn duty of all President
/ il should 80 without saying The ef-
| fort of politicians and iinanciers TO in.
/ duce the President TO say Something
/ reassuring." seems to have had effect
/ for he declared that we have under
/ taken and will undertake no action
/ of a vindictive type and above all
no action which shall inhict great or
unmerited suffering upon the innocent
stockholders and on the public as
whole This was taken by Wall Streei
as meaning that the administration
would not run amuck and railroad
and trust stocks closed at substantial
advances But President Roosevelt
is consummate politician. so for
! public consumption he berated Ger
tain malefactors Of great wealth" and
said, they had combined to bring
about as much financial stress as they
possibly can in order TO discredit the
| policy Of the government Who did
the President mean? Was It Rookie
teller and Hartman. or the bankers?
AS Mr. Roosevelt has ALWAYS been
wen disposed toward the money pow
en-, and has virtually allowed the
frenzied financiers 10 dictate the pol
icy of the United States Treasury he
could hardly have had the bankers in
mind although II is known they are
advising let up in business and are
refusing loans to their legitamate bus
mess customers. The financial trouble
that prevails Is mostly in consequence
OF the Republican policy of llnance
and always helping Wall street when
IN trouble, and in this President Roos-
welt follows the bad example of his
predecessors.
The talk OF Mr. Bryans friends that
the suggestion by Democrats of a
Southern man for President comes
from Wall street are hardly borne ont
by political conditions The Hepub-
licans have always had the support OF
the Wall street element since that
party was able TO elect a President
In return the Republican party has
legislated in the interest of corpora
, tlons II occasionally 1t has been
: necessary TO appease the voters by en-
acting legislation against the preda-
tory interests there has ALWAYS been
eit a loophoie In the law for corpor-
ations and monOpolists ia continue
their extortions or escape punishment
Thus THE Sherman antitrust law and
the railroad rate bill have accomplish
de nothing for the people. and the
only real relief appears from State
legislation and that the Republicans
! and their Wall Street allies are trying
i 20 nullify. There is ne prominent
i Democrat named as a prospective
] candidate for president. either from
the South on from the North, that
/ WAL street could dominate, Wall
! Street may not just like President
Roosevelt. but II would like him OF
Secretary Taft with ayidity rather
than any Democrat that has been
seriously mentioned
Quick Action
Secretary Taft after visiting Oyster
Bay has come TO the conclusion that
any action taken by Mr. Roosevelt On
his officials is not the result OF an
! hou.s deliheration. Depend on that
, We have not We have conceived thai
most conclusions arrived al by Pres
ident Roosevelt have been hot shot
on hand. Ell or miss We did unit
Air Taft enNghtepedlrs gthivk NKT
; Officials were elll4tibtrhtiA Sd
, s'nce the Information has reached u.
that former Attorney General Moody
now Justice o. the supreme court
evidently without thinking. promised
: Hartman and the Alton railroad Inn
} munity iof paying rebates 10 th,
/ standard on trust. Why We are force,
. 10 Believe that Mr. Taft Is right ID
hat respect also. Evidently no
5 only the President is liable to so OF
. haif cooked bui his officials also