Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1908-10-22
TRUSTS FAVOR TAFT
Interests" Are Strongly Repre-
sented on the Republic.
an Committee.
SHELDON OFFICIAL FAT FRIER
List Of Those from Whom He Got
Contributions
Republican Treasurer Is Director In
Fl CorpOrations-Rais Big
Fund I'm 1909 - Recon-
mended by Standard
Oil Attorney.

Chicago, October 1.-(Special) I'm
connection with the controversy which
the President has raised as to whether
the trusts and financial concerns are
most interested in the election of Mr..
Taft or Mr.. Bryan, the Democratic Ma
tiOnal Committee Calls attention to
few of the controlling spirits in the
Republican Committee who are &C.
lively interested in trusts and monop-
olies.
At the head Of the list stands George
r. Sheldon, treasurer of the Republi-
can National Committee. Mr.. Shcldon's
selection for this important post Of of
fetal fat frier" was made upon rec.
ommendation Of VIM. Nelson Crom.
well the great corporation lawyer Of
Wall Street, attorney for the Panama
Canal Company, E. H. Hartman, the
Standard Oil Company, the Sugar
Trust, Kuhn, Loeb & Co, bankers and
brokers, and other favored interests.
Almost Immediately after his appoint
ment, Mr.. Sheldon is reported to have
received a contribution from Mr.. Cron-
well, amounting to $4,000.
Mr.. Sheldon is a multi-millionaire,
the active head of the banking firm of
w c. Sheldon & Co, 2 Wall Street.
According to the Directory of Direc-
70 Nv
don's name appears as a director in
the following 81 corporations:
American Locomotive Company.
American Locomotive Automobile
Company,
Bethlehem Steel Corporation,
Cincinnati Northern Railroad Com
pany.
Detroit Edison Company,
Electrical Securities Corporation,
LaClede Gaslight Company,
Locomotive and Machine Company
OF Montreal Oimited),
Locomotive Security Company,
Metropolitan Trust Company,
Milwaukee Electric Railway & Light
Co,
Milwaukee, Light, Heat and Trac-
ton Co.,
National Copper Bank,
New Jersey Terminal Dock and I'm
provement Co,
North American Co,
Republic Steel & Iron Co.. of New
Jersey
Rogers Locomotive Works.
st. Louis Transit Co,
Union Bag & Paper Co. Of New Jer-
sey,
Union Electric Light & Power Co.,
Union Electric Light & Power Co.,
OF st. Louis.
Mr. Sheldon's connection with the
Locomotive Trust places him In close
connection with the railroads of the
country, where he is able to procure
their campaign contributions. He is
also confidential agent of J. Pier
pont Morgan in his Wall street deals,
and assisted in the formation of the
Shipbuilding trust. His North Ameri-
can company controls the traction in
terests OF St Paul and Minneapolis.
He is president Of the Union League
club. Of which Rockefeller, Morgan,
Carnegie and other powers In Wall
street are also members. He IS also
said TO be a member of 20 other clubs
whose membership includes practi-
cRlly all OF the operators in Wall
street.
In 1906 Mr.. Sheldon was treasurer
OF the New York State Republican
committee, and succeeded so well in
frying the fat from the interests that
Mr.. Cromwell recommended him for
a similar job with the National COM
mittee. According to the sworn state
ment OF Mr.. Sheldon, published after
the campaign, he raised 1893, 923.60
chiefly from these interests.
The following is partial list Of the
contributors as shown In MI Shell
don's statement:
3. Pierpont Morgan, Wall street
banker and promoter $4,000
Levi P. Morgan, banker, Wall
street NEUTRALITY-SUSPICIOUS.. 10000
John D. Rockefeller, of Stand
ard OIL NEUTRALITY-SUSPICIOUS.. 5000
Andrew Carnegie ........... 5000
Chauncey NJ. Depew, railroad
and Standard Oil senator g.. 5000
H. r. Hollins, financier .... 5000
Jacob H. Schiff. favored banker $500
Harvey Fisk & Sons, bankers
and brokers ............ $500
Kuhn, Loeb & Co., bankers and
fiscal agents ............... $500
J. & w. Seligman & Co, bank
ers and fiscal agents ....... $500
Chas. w Schwab, steel trust
and other trust corps. ....... 1000
c. r. Mackey, Postal Telegraph
Co. ACKNOWLEDGEMENTS. 1000
John w. Gates, stock gambler
and trust operator ......... 2,0oo
W. E Corey, Prest,. U. S. Steel
Corp. .............-.. z,uVo
w. c. Sheldon & Co., bankers
and fiscal agents .......... 1000
John Jacob Aston, tenement
house owner .............. 1000
VIM. Nelson Cromwell, trust
lawyer .........,.......... 1000