Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1908-01-25
SHAW MUST BE-
RECKONED WITH
RAYMOND IN CHICAGO TRIBUNE
REVIEWS IOWA's POLITI-
CAL CHANCES.
tsy Raymond, in Chicago Trlbune.)

{.
Washington, D. G., Jan. 24.--Ex-Sec-
retary Shaw was here yesterday and
called at the White House. 1t was
assumed at once, that he, was on q
political mission, and this belief was
fortified by an unusual press dispatch
from New York in which the state
ment was made that the former sec.
retary of the treasury had been forced
ont Of the Carnegie Trust company,
of which he was president, because
he permitted his political ambition to
interfere with his banking business.
1t has been understood here all
along that Mr.. Shaw was a receptive
candidate for the presidency. The
bankers with whom he was associat-
ed in New York now declare that he
was steering for second place in case
of the selection of an eastern candi-
date. To make much headway in a
canvass for first place, Mr.. Shaw
would have to be reasonably sure of
the delegation from his own state, or
at least part Of it. AS a vice presi-
Dental possibility the, necessity Of
harmony in Iowa would not be so ini-
portant, because that state can gen
orally be depended upon to cast its
electoral vote for any good republican
candidate
The situation Is such as to leave
the field open for men who are will
Ing to accept second place. Cannon,
Fairbanks and Knox, leading western
candidates, would decline the nomin-
alton for the vice presidency. X
Hughes should be chosen, a western
m In tyo ~ fn1y
and it is whispered that Mr.. Shaw
has concluded he would do as well
in that place as any one else.
Shaw is One Of the People.
1t is more than likely the visit Of
the former secretary of the treasury
to the White House was less political
than some people imagine. He has
presented an idea Of an emergency
currency which has found favor with
President Roosevelt. and he probably
seized the opportunity, to talk over
that feature Of the financial program.
Leaders here are immensely inter
ested in Mr. Shaw and his move
ments. He made an excellent secre.
tary of the treasury, and some good
work he did while in that office is
Just becoming generally understood.
Eastern people made good deal of
fun of Secretary Shaw when he first
came here. He was of distinct Iowa
type. and had been too busy in that
splendid agricultural state to devote
much attention to social affairs. The
secretary talked and joked with ev.
cry one. He listened to what people
said and told them stories in return
without exposing his own plans.
Financial magnates from the Wall
street district journeyed to Washing.
ton for the express purpose of pump
ing or of instructing the Farmer" MS
they were pleased to call him. 1t took
considerable time for these distin.
tguished and somewhat pompous gen.
tlemen to become convinced that tn :
former peddler of apple trees, who
subsequently. became country bank
er and later governor of purely az
ricultural state. was in position ta
teach them anything in regard to
finances. But he did teach them, and
the Shaw lessons in methods Of bank.
ing are remembered in Wall street &c
this day.
He Attacked Red Tape.
1t is to the eternal credit of Secre.
tary Shaw that almost the first thing
he did when he took charge of the
treasury department was to make !.