The Leon reporter. (Leon, Iowa) 1887-1930, 1908-10-29
TRUSTS FAVOR TAFT
Interests" Are Strongly Repre-
sented on the Republic
an Committee.
SHELDON OFFICIAL FAT FR1ER
List of Those from Whom He Got
Contributions
Republican Treasurer is Director in
Fl Corporations-Ratse Big
Fund in 1909 = Recon-.
mended by Standard
Oil Attorney.

menOeO Dy standard
Oil Attorney.
Chicago, October 1.-(Special)- I'm
connection with the controversy which
the President has raised as to whether
the trusts and financial concerns are
most interested in the election of Mr..
Taft or Mr. Bryan, the Democratic Ma
tional Committee Calls attention to a
few Of the controlling spirits in the
Republican Committee who are &C.
lively interested in trusts and monsp-
olies.
At the head of the list stands George
r. Sheldon, treasurer of the Republi
can National Committee. Mr.. Shcldon's
selection for this important post of Of
fetal "fat frier" was made upon rec
ommendation of VIM. Nelson Crom-
well, the great corporation lawyer of
Wall Street, attorney for the Panama
Canal Company, E. H. Hartman, the
Standard Oil Company, the Sugar
Trust, Kuhn, Loeb & Co., bankers and
brokers, and other favored interests
Almost Immediately after his appoint
ment, Mr.. Sheldon is reported to have
received contribution from Mr.. Crom.
well, amounting to $4,000.
Mr.. Sheldon Is multi-millionaire,
the active head of the banking firm of
w. c. Sheldon & Co., Wall Street.
According to the Directory of Dir"c-
tors" for the present year, Mr.. Shell
don's name appears as director in
the following 81 corporations:
American Locomotive Company.
American Locomotive Automobile
Company.
Bethlehem Steel Corporation,
Cincinnati Northern Railroad Com.
pany.
Detroit Edison Company,
Electrical Securities Corporation.
Laclede Gaslight Company,
Locomotive and Machine Company
OF Montreal (limited),
Locomotive Security Company,
Metropolitan Trust Company,
Milwaukee Electric Railway & Light
Co.,
Milwaukee, Light. Heat and Trac-
ton Co.,
National Copper Bank,
New Jersey Terminal Dock and I'm.
provement Co.,
North American Co.,
nnuh1iC Qfoa1 n Iro1 ~ "a AY>-,
Jersey,
Rogers Locomotive Works.
st. Louis Transit Co.,
Union Bag & Paper Co. Of New Jer-
sey,
Union Electric Light & Power Co.,
Union Electric Light & Power Co..
of st. Louis.
Mr.. Sheldon's connection with the
Locomotive Trust places him In close
connection with the railroads of the
country. where he is able to procure
their campaign contributions. He is
also a confidential agent OF ]. Pier
pont Morgan in his Wall street deals,
and assisted in the formation of the
Shipbuilding trust. His North Ameri-
can company controls the traction in
terests of st. Paul and Minneapolis.
He is president of the Union League
club, Of which Rockefeller, Morgan,
Carnegie and other powers in Wall
street are also members He is also
, said to be member of 20 other clubs
whose membership includes practi-
caHy all of the operators in Wall
| street.
| In 1906 Mr.. Sheldon was treasurer
of the New York State Republican
committee, and succeeded SO we'll in
| frying the fat from the interests that
Mr.. Cromwell recommended him for
similar job with Nae National COM
mittee. According to the sworn state.
ment of Mr.. Sheldon. published after
the campaign, he raised $333;923.6O
chiefly from these interests
The following rs partial list of the
contributors as shown in Mr.. Shell.
dens statement:
j. Pierpont Morgan, Wall street
banker and promoter 1855. $50 900
Levi P. Morgan. banker, Wall
street 10000
John D. Rockefeller. of Stand
ard OIL Observation-Disclosures. 5000
Andrew Carnegie ............ 5000
Chauncey M. Depew. railroad
and Standard Oil senator !. 5000
H. R. Helms, nnancier ...... 5000
Jacob H. Schif, favored banker $500
Harvey Fisk 4 Sons, bankers
and brokers ............... $500
Kuhn. Loeb & Co.. bankers and
fiscal agents .............. $500
J. & W. Seligman & Co, bank.
ers and fiscal agents ....... $500
Chas. w. Schwab, steel trust
and other trust corps. ....... 1000
G. r. Mackey. Postal Telegraph
Co. Observation-Disclosures. 1900
John w. Gates, stock gambler