Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1908-01-27

|
| tons here have taken their managers
from the treasury department. The
office of comptroller of the currency at
| Washington has been a sort of kind
ergarten for bank presidents, and Ly-
man J. Gage, Henry w. Cannon.
Charles S. Fairchild A. p Herburn.
Frank A. Vanderlip and many others
| who have graduated in Washington
have made good in New York because
| they have attended strictly to business
and have adapted themselves to their
surroundings. Mr.. Shaw has failed to
do so because he has attempted to
combine politics and banking.
| Mr.. Dickinson, the organizer OF the
Carnegie Trust Company, who invited
Mr.. Shaw to come to New York and
who also invited him to leave, told the
story of Mr. Shaw's experience from
| his point of view the other day as fol-
| lows:
Governor Shaw said Mr.. Dicllin-
I son, was convinced that The was
available presidential timber before he
resigned from the cabinet. That con-
viction has steadily persisted and has
been his chief interest ever since he
assumed the presidency of the COM
pany. Recent political developments
have. if anything. accentuated it. He
and his friends have taken the position
that Taft couldn't be nominated be-
cause he was the administration can
didate, and Hughes couldn't win be-
cause he wouldn't work for the nom
ination. That left a good chance for
! the governor to get on the ticket. All
| the speeches the governor has made
have been designed to swell his boom.
He has spoken in Hartford. He has
spoken in Philadelphia. He has spoken
in Chicago, and don't know how
many other places, to say nothing of
numberless speeches in this village
Always he has been confident that he
would get the second place on the ticket
even If lie didn't land as the nominee
| for president
| "Latterly the governor has been
writing an autobiography. He has been
engaged on il almost constantly for
the last week, for he wants 1t to be
| published before the delegates are
chosen for the national. convention. All
I his speeches and writings have taken
time and we have had differences of
opinion about his devoting so much
time to them and being absent so
much from the offices Of the trust
company. Finally it simmered down
to proposition that the governor must
either row, fish. cut bait or go ashore.
"Mr. Shaw's ambition to become Il
presidential candidate was the sole
cause of difference" Mr.. Dickinson
concluded. The matter is no new de-
velopment, but has been under dis
cussion for some time. Mr.. Shaw fin
! ally decided to retire on March l..
only he wanted no announcement made
until he had secured the Iowa dele
| gates, who are to be elected before that
day, and the delegates of one other
| state. But for this fact his retirement
would have been announced some time
ago"
| Mr.. Shaw would like to be can
didate for president no doubt. and I
understand he has asked the support
of his friends in Iowa. He does not
expect to be nominated on the first
ballot, but desires to place himself In
the position where his friends can take
advantage of deadlock. He wants
the first stall in the stable where the
dark horses are kept, with number of
Iowa in the convention. He does not
look for much support outside of Iowa
at the start, but he intends to make
fight for the Iowa delegation and go
into the convention with pledges from
all the delegates from that state they
will stand by him to the end and take
advantage of whatever situation may
occur In other words, he desires to
be placed in the same position that
Uncle Joe' Cannon will occupy, that
of receptive and not an aggressive
candidate.
! Mr.. Shaw talks freely on this SUBJ
| ject. l have seen half dozen men
whom he has asked to- support him,
and he has told them that he has re-
ceived assurances from Iowa that he
can have the delegation If he wants it.
! AS preliminary campaign material,
Mr.. Shaw will publish volume con-
tanning his biography, his public adj
dresses and political speeches, his re-
ports to congress as secretary Of the
| treasury, his messages to the legisla-
ture when he was governor of Iowa,
and other material dealing with his
political career. The book will be
published by Appleton & Co., New
York, and will be ready for distribu-
ton in a week or ten days. 1t will be
placed on sale with the trade, but the
greater part Of a large edition will be
used as presentation copies to friends
of Mr.. Shaw and persons whom he
would like to interest in his presiden-
tial aspirations.
The publication of this book was the
final cause of difference between Mr..
Shaw and his associates in the Car
negie Trust Company. They told me
with great frankness that they have
not approved of Mr.. Shaw's political
plans at any time, because they be-
lieved they interfered with his useful
ness to the institution and impaired
the confidence Of the financial public
in him. The publication of his auto
biography and political speeches was
even worse, and was disapproved of
by every director and stakeholder in
the Carnegie Trust Company, which,
Of course, made it impossible for Mr..
Shaw to continue his relations with
them On the other hand, Mr.. Shaw
has made no effort to retain a posi-
ton which would hamper him in his
presidential aspirations and leaves the
trust company with the most friendly
relations with the men with whom he
| has heen aSsOciated Mr. Shaw owns