Evening star., 1908-01-27

on it almost constantly for the last week
for he wants 1t to be published before
the delegates are chosen for the national
convention All his speeches and writings
have taken time. and we have had differ
ences of opinion about his devoting SO
much time to them and being absent go
much from the offices of the trust COM
pany- Finally. 1t simmered down to a
proposition that the governor must either
row. fish, cut bait or go ashore.
Mr.. Shaw's ambition to become a
presidential candidate was the sole cause
OF difference Mr.. Dickinson concluded.
has been under discussion for some time.
Mr.. Shaw finally decided to retire on
March 1: only he wanted no announce
ment made until he had secured the
Iowa delegates. who are TO be elected
before that day. and the delegates of one
other state. But TO- this fact his retire
ment would have been announced some
time ago."
Shaw's Political Aspirations.
Mr. Shaw would like to be candidate
for President, no doubt. and ! under
stand ne has asked the support of his
friends in Iowa. He does not expect to
be nominted on the first ballot. but de-
sires to place himself in a position where
his friends can take advantage of a dead
lock. He wants the first stall in the
stable where the dark horses are kept
with a number of loyal, active and shrewd
jockeys from Iowa in the convention. Tie
does not look for much support outside
Of Iowa at the start, but he int lends to
make fight for the Iowa delegation and
go into the convention with pledges from
all the delegates from that state that they
will stand by him to the end and take
advantage of whatever situation may oc-
cur. In other words. he desires to De
pla ced in the same position that Uncle
Joe Cannon will occupy-that of re-
ceptive and not an aggressive candidate
Mr. Shaw talks frankly on this subject
have seen half a dozen men whom he
has asked to support him. and ne has
told them that he has received assur-
ances from Iowa that he can have the
delegation il he wants it.
shaw's Autobiography.
AS preliminary campaign material. Mr..
Shaw will publish a volume containing
his biography. his public Saddresses and
political speeches. his reports to Congress
as Secretary Of the Treasury, his mes
sases to the legislature when he was
governor of Iowa. and other material deal
Ing with his political career. The book
will be published by Appleton & Co. New
York and Will be ready for distribution
In a week or ten days. 1t will be placed
on sale with the trade. but the greater
part of very large edition Will be used
as presentation copies to friends of Mr..
Shaw and persons whom he would like
to interest in his presidential aspira-
tions.
The publication Of this book was the
final cause of difference between Mr..
Shaw and his associates in the Carnegie
Trust Company. They told me with
great frankness that they have not ap-
proved Of Mr.. Shaws political plans at
any time because they believed that they
interfered with his usefulness to the in
stitution. and impaired the confidence Of
the financial public in him. The publica-
tion of his autobiography and political
speeches was even worse, and was dis
approved Of by every director and stock
holder in the Carnegie Trust Company,
which, of course. made 1t impossible for
Mr. Shaw to continue his relations with
them On the other hand. Mr.. Shaw has
made no effort to retain position which
would hamper him in his presidential as
pirations, and he leaves the trust COM
pany with the most friendly relations
with the men with whom he has been
associated. Mr.. Shaw owned 1890 shares
of stock. Mr.. Dickinson. the vice presi-
dent, and controlling influence in the
trust company purchased 500 shares from
him at an advance of 80 per cent above
par. and other directors have taken the
remainder at a similar price, so that MI.
Shaw has made a profit of 80 per cent
upon his original investment.