Aberdeen herald. [volume] (Aberdeen, Chehalis County, W.T.) 1886-1917, 1908-01-20
FORAKERSUITSTHEM
A BRISTLING REVIEW OF The
FORAKER BOOM.
The Spokane Spokesman Review
Gives the Foraker Bunch Some.
thing to Think about. Tells the
Ohio Senator Some Wholesome,
IT Disagreeable Truths.

Halper's Weekly, personal organ OF j.
Pierpont Morgan and his Interests"
prints cartoon showing President
Roosevelt and Secretary Taft descending
in balloon marked "Taft Boom" into
thorn tree, with the thorns go arranged
as to spell in brstling way the name
"Foraker."
But this cartoon was not needed to
show that Senator Foraker, of Ohio, is
the pres dental candidate OF Morgan
and others like him who are furious at
the reform policies of the Roosevelt ad-
ministration. Foraker's public utter-
ances make that fact clear. What Nor
gan's organs utter in print, Foraker
utters in public speeches. For example,
in recent peppery address at a banquet
in Cleveland. Foraker attempted to scof
down and ridicule the reform policies of
President Roosevelt. He sneeringly
spoke Of the "alleged moral regeneration
of the business world" and asserted that
the recent panic was due TO the vigorous
duulIIlIStIdlIOtl VI IceIuCHC ltOOoCSClls
and not. as he sarcastically put it, to
conspiracy OF rich men to bankrupt
themselves and the whole country for
political purposes"
Foraker's speech was tricky attempt
to discredit President Roosevelt and de.
ceive the public. No one has intimated
that the audacious conspirators who are
desperately trying to down Roosevelt
and his policies have bankrupted them
selves or come anywhere near bank
ruptcy. They know how to take care Of
their own precious interests. Morgan is
not bankrupt; Hartman is not bankrupt;
Rockefeller is not bankrupt, Hill is not
bankrupt. These men and their inti-
mates, in all probability, have come
through the New York financial panic
richer men than they were before. Any
one with half an eye could see that they
were busy for several years "rigging"
the stock market-working up the Wall
Street quotations. For what purpose?
To unload on the unwary and confding
investing public. They have unloaded
on insurance companies millions Of their
manipulated securities at grossly inflated
prices, and it is an open secret in New
York that number, if not all. of the big
insurance companies are desperately
concerned with the problem OF disclosing
the unwelcome information in their
forthcoming annual reports, as required
by law, that these securities are not
worth the prices paid for them.
For Foraker to speak OF these man
"'bankrupting" themselves is to provoke
a smile. Whether the stock market goes
up, or whether it goes down, they have
way. with their "sure.thing" game, Of
feathering their own nests. The game
is as old as the stock market itself-in-
fate prices and unload. Later, when
stocks and bonds tumble. reorganize the
bankrupt concerns and buy in depre-
ciated securities.
Foraker knows all this and a great
deal more, but he wants to be president,
knows that his record does not endear
him to the people. and is willing and
eager to bid for the support of the power
full and predatory interests which Presi-
dent Roosevelt has curbed and called to
account with spirit of inspiring patriot
ism and courage which those interests
could not break down.
Foraker concluded his Cleveland speech
with panegyrc on Mark Hanna. He
thinks there is going to be "reaction'
against President Roosevelt's reforms
that will carry the country back to the
political methods of Senator Hanna. He
is openly pandering to the elements
which audaciously would make the great
office OF president OF the United States
subservient to Wall Street and men
like Morgan and Hartman. - Spokane
Spokesman Review, December q, 1907.