The Marion daily mirror. (Marion, Ohio) 1892-1912, 1907-11-16
WEEKLY LETTER FROM
THE NATIONS METROPOLIS
The Recent Election Held in New York City Has
Demonstrated Beyond all Doubt That Charles
F. Murphy is in Complete Control of the
Democratic Forces

lination for the Presidency, although
There are many who believe that he
may have some sort of plan where
|by at the eleventh hour he may sue
coed in inducing the Republican party
| to accept George b Cortelyou.
III one man more than another has
doomed up as strong Presidential tim
lber during the recent elections that
imam is Tom l.. Johnson of Cleveland.
The fact that Johnson was able to
defeat Theodore Il. Burton for May
or of Cleveland in the face of de-
termined opposition on the part of all
1.-THE big corporations Of that city, as
well as in view of the fact that Bur-
ton was known to have the active
support of President Roosevelt, speaks
volumes for his political strength,
land It is now asserted that in the
leyent of his selection by the Demo-
Gratis as their candidate for the Pres
'idency. Johnson would not only be
lsure to carry Ohio, but would make
a decidedly good run in other states,
Especially II we are to have hard
times throughout the country, which
now appears TO be almost inevitable.
THE st. Louis Democratic Club has
Ialready endorsed Johnson for the
PRESIDENCY This club was enthus-
,ias.ically for Bryan in his Presiden-
,tial race. Its action may he ex-
lpected to be followed by Others
Throughout the country, so that by
1.-THE time the convention has assem-
|bled. 1t is quite possible there VIII
,be no more popular candidate in the
field With the showing made IN
ICleveland by Johnson against the
presidential candidate r. w. Burtor
1.-THE friends of Lieutenant Governor
William Astor Chanler who have
been earnestly booming him for th'
PRESIDENCY have now completely dis
appeared. In fact the Chanler boon
was only the work Of a few "woul'
ber politicians, who. knowing tina
Chanler has an unlimited bank roll
! saw the opportunity for helping hin
to spend it.
The panic which has shaken Wal
, street to its very foundations
apparently spen. itself and Is likel
Q. Ito become even more widespread
/. some good has already come out OF
4 land more will undoubtedly follow
: One effect has been the introductio
;, lof proposition to convert postoffice
g throughout the country into savin
t banks, a scheme which should NEE
k with universal approval, as 1t woul
Il go very long way toward safc
e guarding the savings of the masses
It Another good effect of the recel
+. Igreat upheaval in the financial worl
II has been the almost entire wipir
" out of bucket Shops" which do .
o much in the way Of robbing the Ill
e wary. In the work. of eliminatir
;. this undesirable element the Co
e solidated Stock Exchange of this ci
le has taken most aggressive part al
l. the result of it's efforts has just be,
,r made apparent in the declaration
sr Judge. Lacombe in decreeing in b
lie UNITED tates Circuit Court that b
r. business Of Haight and Freese was
a downright swindle. In so far as I
T. general banking situation is co
ie cerned, decided Improvement h
Id taken place and people as RI
to have recovered their heads. Ho
ut ever the stockmarket while beti
IN than It was, does not show any sig
Mt of permanent improvement.
n j. r. B. Az