Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-09-04
REGARDED AS A RADICAL
Observation-Disclosures" Speech Sets
Wall Street Thinking.
IRON AND STEEL ARE ACTIVE
Railroads Starting in on the Busy
season-Department Stores
Rushing Business.
By. w. G. Nicholas.
lpscial Correspondence Of The Star.

NEW YORK. September 3, 1910.
wall street had a bad attack OF nerves
ne day after Mr.. Roosevelt made his
speech at Osawatomie. II had been work
ing UP TO this condition or mind for sew
Sral days. but didn't exactly know what
allied IL. The stock market began to
lapse into dullness about the time the
ex-President started on his speech-making
tour, and II went from duliness into
Bta gnation as he progressed along his
itinerary. BY the time he reached
Dsawatomie on his return to Oyster Bay
The market was In a condition OF almost
complete paralysis. Nobody wanted TO
10 q thing or make a move. The pre-
tense was stoutly maintained that politics
had nothing TO do with the dullness or
with the state Of mind, but when the grand
explosion occurred this pretense was
ahandoned and the truth was confessed.
Tho about as much afraid OF
Roosevelt nowas they were In the height
eehi2spowers<Vhen heiheld possession of
ehoAblaet1cic.with the Official authority
sn22he>wfllao use II.
the entirer background OF the market
e4tAfon issdarkened by the shadow of
Col Roosevelt and his admitted program
q
all the elements of radical
Ism and discomfort and arraying the con-
k1onera4e mass In opposition to every
th1QE thatirStandS for conservatism. At
Tho OutsebAnd until the very last minute,
than waSR.studied purpose to minimize
tho Roosevelt speeches and denuncia-
items, and to take the stand that he was
=. hnckNumber and .as,powerlees for harm
- mn Bryan. They contended stoutly
lnprtvafe thatAf he7undertook the role
kDZ&(Dv~fA Afak,, he o<<
6oCld reactrpn him ana leave him with
put repufak4on~pr following. The charac-
e1uUf adS receptions throughout the west
tsGvea Them no legsefo stand on in the
eoationshsy are tryinEito take that he
Tho press dispatches, and private adj
yQcess6how ahat dc still has the western
crowd with him in bulk, and that his
still holds its magnetic power
pver the multitudes: The question now
b win this popularity stand the test of
time and OF the newspaper broadsides
which are already pouring into him? On
that point there IS q decided disagree
ment OF opinion. but behind 1t all there
may "come back in the fullest and
broadcast occupation of the term. His
talk OF increasing GENERALIZATION OF au-
thority Is accepted as proof of his per-
eonal ambition to eventually re-enter the
White House next time with scepter
OF power equal to that OF any Of the
dictators of history.
Fear in the Stock Market.
II Is This sense OF fear which is already
Beginning TO find reflection in the stock
market. II makes people afraid to go
not only to translate their
capital into securities. but to want to
convert part. at least. OF their holdings
INTO accessible cash. where IL can be drag
Sed out under any emergencies which
may arise There Is no doubt as to what
Will become of Mr.. Roosevelt in any
popular election. If the result could be
decided by the vote OF the east. There
would not be much left of him to worry
anu distress the interests" The fear
is. however, that he will be able to hold
and swing the votes of the middle west
west and possibly the south and BY
means thereof overwhelm the eastern and
middle eastern states, whose electoral
votes are in minority. Mr.. Roosevelt
10 recognized and branded at this writ
centers In and about Wall street. as q
oangerous and malign influence as
very ugly and very distinct quantity
which will have TO be reckoned with.
inere has not been time In years
wnen politics was a subject of more seri-
Gus study and discussion in Wall street
tnan II Is at this writing. There seems
10 nave been sudden and rude reaIiza-
tion that the interests that are represented
Ia the sreat nnancial center of the metrop-
OILS are more seriously threatened now
than at any previous time since senti
ment began TO organize for the regula-
tion and ultimate control OF corporations
~ took twenty-five years for this senti-
meg 10 get strong enough TO enforce It's
purposes BY acts of Congress and court
decisions of the concrete type, but for
the last three or four years progress
toward the Capitalization and operation
OF this great force has been rapid and
tnere Is no concealment of the fact from
the Keen intelligence Of the men who are
In charge of the larger business affairs Of
the country
As long as careful and conservative
minded men like Mr.. Taft and his imme-
oiste associates were at the helm OF
state and in official command a degree OF
safety was felt. a sense that aIthousb
the movement might not be irr favor of
the interests" collisions and trouble
would be avoided. but now with the nos
sioiiity OF radical leadership being again
resumed by man who Is. rightfully or
wrongfully. given credit as chief disturber
ana chief agitator and chief promoter OF
incendiary thought the situation takes on
Inherent complexion. The men of Wall
street and of high politics who would
like 10 ignore Mr.. Roosevelt and what he
stands for find their position untenable
They md themselves forced against their
viii 10 recognize him as a power and q
factor. Their hope is now that the violence
Of his attitude and of his language will
compel his open repudiation 6y tha
thoughtful people of the land, and that
they will so emphasize their position in
the matter that there can be no doubt as
10 the outcome.
Prospects Considered Gloomy.
Pending that verdict and decision. there
seems TO be growing disposition to