Idaho County free press. [volume] (Grangeville, Idaho Territory) 1886-current, 1908-07-30
G MILLION SHELDON
Treasurer of RepuDliCan.FundS
Wall Street Gambler.
OF MORGAN ANDPLATT GLASS
Fear of Record Kept Him From
Being Lieut.. Gov. of New York

George r. Sheldon, treasurer OF
the republican national committee
furnishes most interesting study
in these columns yesterday. The
Times gave something Of Mr..
Sheldon's history, showing his
close alliance with the trusts.
But 80 notorious has become this
mans history that it is we'll to
continue a little bit with a study
OF him. Here is letter that was
published in the New York World,
September "a, 1902, signed "a
Wall Street Republican"
George r. Sheldon, who is
Senator Platt's nominee for lieu
tenant governor, entered the bank
ing business in New York 20 years
ago. He was successful from the
start by reason of family connect
ions and western influence.
He has handled a number o. the
promoting schemes of industrial
combinations, securing the listing
of the stocks of them on the stock
exchange, for which he is said to
have been paid large sums OF
money. He is now reported to be
worth between $4,000, 900 and
Sc, 900, 900 and his connections are
declared to be in the Wall street
district of the highest order. He
enjoys the most intimate relations
with j. Pierpont Morgan. He is
a director in a number OF the
Morgan companies and is freq uent-
ly called in as financial expert in
the underwriting Of new Morgan
enterprises. He handled a part
of the issue of bonds and stocks
and is credited with having secur-
ed the support of some of the
most influential western bankers
who subscribed for part of the
bonds of the United States Steel
corporation. He is regarded as
corporation man of the most pro.
nounced character.
Crank H. Piatt, the son OF
Senator Thomas G. Platt, is a
director of the City Trust Com
pany. He is also the counsel for
the same company. Sheldon is
one of his most intimate friends.
Sheldon is credited with having
secured the retention of young
Platt's law firm (Boardman &
Plato as the counsel for the rapid
transit commission. Sheldon is
also said to have assisted Senator
Platt and his friends to secure
control of the United States Ex-
press company. He has been
most active in the manipulation oil
the stock Of that company. He il
a newcomer in republican politics.
Frank II. Platt is credited with
having secured the election q
Sheldon as the treasurer of the
republican county committee last
year with a view, it is explained
by some of tie members of the
committee, of gratifying tn,
ambition of Sheldon for politica
nomination,
Frank II. Plat, who look,
after most OF Sheldon's law bust
ness, is credited with having in
fuenced his father to consent to
the nomination of Sheldon fo
lieutenant governor three months
ago. At that time the senator
announced that Woodruff would
not be renominated. Woodruff
was surprised when informed o
this statement, but acquiesced
Governor Odell was as much sur
prised as Woodruff when inform
ed that Sheldon would be his rum
ming mate.
So loud grew the reports, 81
big doomed the .bigoboo' tina
Governor Odell hurried from AL
bany to Saratoga, getting there Oh
the evening of September 90
There was a conference in Senate
Platt's cottage which lasted iron
midnight until after 10 o'clocl
; the next morning. AS to i
former Governor Black said:
Il come here Sheldon man
| am for Mr.. Sheldon if it can b
demonstrated that he is the strong
est candidate. The question is, j
he the strongest candidate? Sine
we come here we have hear
many mntterings as to ammuni
, ton, which our common enem
might use against US il he is nom
mated. The question is, is ther
, any such ammunition? Let II
go over the matter carefully
Now is the time to pause aud con
slider, and not after the nom
nations are made
after the charges are gone owe
r and over and over again Odell sal
( to Platt:
e "Senator, on the advice of IN
e father. have decided not I
!. accept the nomination for Cover
!. nor if Mr.. Sheldon is nominate
8 for lieutenant governor.
"That settled it. A stent
: grapher was called in and Nj
9 Sheldon dictated q letter with
b drawing as candidate. Fran