The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1908-02-20
Boston Report Says That Wall
Street Believes Him a Very
Conservative Candidate for
The Presidency.
FAMILY WILL ENDOW HIM
WITH HALF A MILLION.
When Taft Heard the Report
tIe Said ut Sounds Good,
And Intimated an Official
Statement Later.

Boston, Mass, Feb. 2O.-The Boston
News Bureau, a recognized financial au-
tEority of State street, has issued a
statement III which it says:
I'VE have high Wall street informa-
ton to the effect that leading financial
interests have agreed the nomina-
tion of William Fl. Taft for the pres
idency, and that, other than possibly
the opposition of the Standard Oil in
terest, there will be no concerted w all
street effort to oppose his election.
The agreement on the part of these
large financial interests carries with it
the political support for Taft, which, it
is believed will insure his elcrrion. The
favorite sons of New York, Pennsylva-
MIA, Indiana and Illinois, will all re-
ceive the complimentary vote of their
state delegations, after which the vote
will be massed for the nomination of
Mr.. Taft.
Believe Him Conservative.
"The Roosevelt influence through
out the country is recognized by the
political and financial leaders and
there is a we'll grounded belief that,
while Mr.. Taft in the presidential
chair will not take any backward steps
in carrying ont the reforms under way,
he will use the discretionary powers
which he possesses for the general
good of the country.
"There is more to this understanding
than mere belief.
I'VE understand that wealthy family
connections of MIR. Taft have set aside
100000 as an endowment fund for his
benefit, and that these family connec
tions have had considerable to do with
bringing about the agreement on the
part of influential interests to support
the Taft nomination. Leading mem,
bers OF the democratic national com
mittee admit that Mr.. Bryan cannot be
defeated for the democratic nomina
tion, but there is Il strong element il
the democratic party which will USE
its influence for the election of Taft il
preference to Bryan, both in the Eas
and in the West"
Ex-Congressman Samuel p. Powers
New England manager of Taft, refuse,
to comment on the statement
mo comment is necessary" he said
Everybody is for Taft, even Wal
street"
The Secretary Acquiesced.
Mr.. Taft was more communicative
He reached Boston about 40 o'clocl
last night, after his campaign tri
throughout the state. He read TIL
statement through with care when
was shown him, and at first refused t
make any comment. Pressed for a.
answer he said that he would not den
the accuracy of the statement, thong
he cannot tell what his friends hav
been doing for him. He remarks
however, that "it sounds good" H
intimated that he might make it tn
occasion OF an official statement Later
As for the last part OF the statemen
referring to the $4,000 endowment
it seemed to please Mr.. Taft IS
they are not only going to elect m,
but support me after get in the whit
house." he said.
G w. Barron, the manager of til
Boston News Bureau tonight, refuse
TO divu1ge the source of their inform;
ton, but he said that it was as author
tAtive as it could possibly be under til
circumstances. and, considering tt
source, they had no hesitancy in nal
ing 1t public.