The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1908-02-20
ATTITUDE IN NEW YORK,

ATTITUDE IN NEW IOKA.
Wall street Is preparing to pro
claim William H. Taft a. Its candi
date for the presidency. I'VE ar
beginning to reason this way" sal,
one OF the men of predatory wealth
1.-THE last message of the presiden
indicates that he intends, after all. I,
accept denomination. Apparently h
Is scheming to let Mr.. Taft receiy,
q large complimentary vote, and OF
the second ballot to have one of hi,
friends rise and propose his name
We believe from our reports that
Roosevelt. Taft and Cannon are the
only republicans who can beat Bryan
Under the circumstances. 1t is better
for, US to accept Taft and prevent
Roosevelt from making further bids
for popular support"
Probably this news will not al
the president and friends OF Score.
tary Taft with citation. Wall street.
hatred is far better from . political
point Of view than Wall streets love.
Mr.. Hughes Is finding the street
useful at this stage. as his campaign
managers have just begun the col
lection Of contributions from the
z financiers, none Of whom. however.
are displaying excessive generosity.
There is no law to prevent individuals
from contributing to the expenses Of
q campaign, and 1t is quite possible
that Thomas F. Ryan. the tobacco.
traction and general trust magnate
of New York will make liberal do
nation.
Hughes, 1t is pointed out. ought to
expect Mr.. Ryan to 60 down deep
into his pocket. 1t is not forgotten
in New York that during the last
gubernatorial campaign Mr.. Ryan
placed his forces. financial and other
wise, at the disposal of Hughes. per-
haps- not so much to aid the repub-
lican candidate, but to insure the
defeat of William Randolph Hearst.
The first thing asked in New York
Of any one believed to have any in
formation, Is why the president wrote
his last message; the second, II he
is seeking the nomination. and the
third, II he is likely to send in
any more messages of the same char
acter.
The flnanciers can not understand
why the president felt impelled to
answer the attacks that Rockefeller
and Hartman had been making upon
him. They say he had no business
to do anything Of the kind.
There is some apprehension"
said one of the nnanciers, that fur
ther Investigations are contemplated
by the federal government. As re-
suit. many big men are being
squeezed by trust companies and
banks who are calling in all doubt
full loans. Fearing governmental ac-
ton. a general house cleaning Is In
progress. This is partially RESPONSE
Bile for the diflculty which is being
encountered In getting money for in
vestment purposes, and why the
financial depression continues"
AT present practically the entire
business world. at least In New York,
Is under suspicion. It is argued that
something should be done to remove
this suspicion, and only until that is
dissipated can the country expect the
clouds lowering over the financial
situation to disappear. 1t was sur
prising to find in Wall street. the
news that, in the original draft Of
his last message, the president had
specifically named the persons and
interests which are banded together
to discredit him. In general way,
1t was known who had been added to
the list of undesirable citizens" but
this probably was more a shrewd
guess than anything else.
It is not generally known that 1t
is the hope OF the Hughes men that
Senator Crane of Massachusetts,, the
compromises" of the senate. will
consent to serve as the manager Of
the governors campaign. Crane Is
most friendly disposed to all the can
didates, and several of them have
made overtures to him with view
to inducing him to take care excIu-
sively Of their interests. In Wash
ington one heard occasionally that
Crane had been comforting with TAFT
or discovered him quietly slipping
into the treasury department to see
Cortelyou, or saw him engaged in
close conversation with Knox. With
Cannon, too. Crane has had absorb.
ing conversations.
But It has not been given much
publicity that the senator has seen
Hughes recently and that the latter
has secret yearnings. not only for
the political. but personal. support
OF the man from Massachusetts,.
Crane has not given much encourage
ment to the idea. Evidently he pre-
fers to be unattached and to pull
strings in the convention as the stu
alton then may show to be advisable.
The Roosevelt element. which