Manchester Democrat. [volume] (Manchester, Iowa) 1875-1930, 1908-10-14
TRUSTS FAVOR. TAFT
Interests" Are Strongly Repre-.
sented On the Republic.
.s an Committee.
sHELDoN OFFICIAL FAT FRIER
List Of Tho,e from Whom Hs Got
Contributionk
Republican Treasurer 10 Director In
Z ~ Corporattons-R Raised Big
Fund In 1909 RECON-.
mended by STANDARD
OIL Attorney.


4 CHieAeQ. OCTOBER 1.-tSpectal.)-
'ccnhIk e4on- .satA ne coutrusessy which
the President has raised aaS to whether
the trusts and financial concerns are
most interested in the election OF Mr..
Taft or Mr.. Bryan. the Democratic Ma.
gtional ConJmittee Calls attention to a
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 fiat frier' was made upon rec
ommendation Of VIM. Nelson Crom.
well. the great corporation lawyer OF
Wall Street. attorney for the Panama
Canal Company. f. 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 contribution from Mr. Crom.
we'll. amounting to $4,000.
Mr.. Sheldon Is multi.millionaire.
the active head of the banking firm of
w. G. Sheldon & Co.. Wall Street.
According to the Directory of Direc-
tors" for the present year. Mr.. Shell
don's name appears as director In
the following 81 corporations:
American Locomotive Company.
American Locomotive Automobile
Company.
Bethlehem Steel Corporation.
Cincinnati Northern Railroad Com.
pany., ~.
Detroit. Edison Company, 4
Electrical Securities Corporations
Laclede Gaslight Company.
Locomotive and Machine Company
Of Montreal tlimited).
Locomotive Security Company,
Metropolitan Trust Company,
Milwaukee Electric Railway G Light
Co..
Milwaukee. Light Heat and Trac.
ton Co..
National Copper Bank.
New Jersey Terminal Dockiand I'm.
provement Co..
North American Co,
Jersey.
Rogers Locomotive works,
st. Louis Transit Co.,
TIniOn Pou n ON~a.
sey.
Union Electric Light q Power Co,
Union Electric Light. G. Power CO.,
of st. Louis.
Mr.. Sheldon's connection with tha
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 a confidential agent of J. Pier
pont Morgan in his Wall street deals
and assisted in the formation iof the
Shipbuildfng 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 member Of 20 other clubs
whose membership includes practi
cauy 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
similar Job with the National com.
mittee. According to the sworn state.
ment OF Mr.. Sheldon. published after
the campaign. he raised ss3s. .s23.6o
chiefly from these interests.
The following u 4 partial list Of the