Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1908-03-25

and men of large power and large in
forests in their own rights
These men, he said. find their best
interests in working in harmony with
Morgan and Standard OIL No combi-
nation which they could form among
Themselves or with others could cope
with that power, he declared. In this
list Of IA he placed W. X. Vanderbilt.
August Belmont. Frederick Wyerhaus-
er, Henry c. Frick, ]. Ogden Armour.
George j. Could Jacob Schiff. E. II.
Hartman, Thomas Frick. Louis Swift,
John Jacob Aston, James J. Hill ana
w II. Moore.
A second class of men on the list
were the "stars of lesser magnitude"
but men of wealth and power. "who
work in with the combine and a few
of the higher rank of attorneys and
bank presidents of the system"
This group follows:
e. II. Dodge c. II. Mccormick. Stephen
S. Palmer. Brayton Ives. c. A. Peabody.
G. +. Baker, ]. +. Dryden. ]. S. Post. II.
Taylor Payne, T. ii. Hubbard. c. G.. Ha-
ven, w. J. Oakman. F. j. Berwind. j. b.
Duke. f. A. Valentine, w. d. Sloan.
Adrian Islen. Jr., Frederick Comwcll, G.
W. Young. c. Ledyard Blair. ID. Guggen-
helm. V p. Snyder, A. H. Brady. Edwin
Hawlcy. D. o. Mills, Charles Steel, John
]. Waterbury. Oliver Ames. Nathaniel
Thayer. Z. Gary. john Clafiin. John r.
Hegeman. g. ii. Mackay F. w. Wander
bit. J. J. Mitchell. r. jefferson Coolidge.
Thomas Dolan, Samuel Lea. Charles
Lainier. Jas. c. Fargo. Henry Walters.
II. l.. HigginSon, p \. L. Widcner and
F. f. Morris.
OF the third group. including the bal
ance of the lists, LaFollettc said:
While some of them exercised large
power and held many directorShips. it
was a delegated power exercised by them
in Il merely representative capacity. This
part of the list is as follows:
Edwin S. Marston. G. W. Perkins. John
S. Sterling. Otto NJ. Kahn. Jas. +. Jar
Wis. a. w. Krotch. Paul Morton. III. c.
DeainG. Charles II. Russell. Chaurcey
NJ. Depew. Oliver H. Payne. W. s. Webb.
Jas. B. Forgan, Moses Taylor. Francis
NJ. Bacon. ]. A. Stillman. Luther
kount2e. II. =. Whitney. p d. Cravath.
Levi z. Morton, n. N. Vreeland w. G.
Langdon, C. W. Morse. Charles NJ.
Schwab. Z. +. C. Young, j. II. Converse.
II. 4. C. Taylor. c. S. Fairchiil. G. S.
Whitson. a. n. Julliard. G. ii. Allen. V.
Morawetz, J. II. Parker. Frederick Stur
gis. c. n. Bliss, Charles DAVIS. L. r.
| Ship!ey.
LaFollette argued that the Alllich bill
! would only serve to strengthen this great
money power OF Wall street. He criti-
cized the failure of the committee on fl
nance in not keeping bank reserves in the
vaults of the banks throughout the coun-
| try.
| LaFollette concluded his speech with "A
strong appeal to the progressive men''
| in the Senate TO stand together ard beat
the bill tie spoke OF the activities Of the
President and Mr. Bryan in combating
wrongdoing among high financiers.
| "Whatever difference there may be in
President and Mr. Bryan. they are striv-
ing each in his own way for certain fun
damental truths. Whatever mistakes Mr.
Bryan may have made in his policy.
whatever mistakes the President may
have made in compromising legislation.
they are believed in by the people be.
cause they are fighting to preserve the
principle that the nation should lie gov
erned by the people"
| At the conclusion of Mr.. LaFollette' s
| remarks Senator Teller said lie had lis
tened to his narrative on the cnormities
of the pending bill with interest and said
some of the difficulties he complained of
were already provided for by laws on the
statute books. instancing laws for the
punishment Of dereict bank officials.
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