The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1910-03-03
]. P. Morgan and All Powerful
Financial Interests of the
Country Are Boosting Gov
ernor of Ohio.
FACTS MADE PUBLIC
AT committee PROBE
Bomb Exploded by Beverages
Committee on Territories
J. B. Gordon Views PoIiti-
cal Outlook.

j. Bennett Gordon. in dispatch to
the Indianapolis Sun under Wash
ington date line, deals with the nation
al political situation. Mr.. Gordon S
article appeared in the Sun of yester-
day. 1t is, in part, as follows:
The first move Of consequence in
the presidential campaign of 1912 has
been made, and it has thrown both
political parties in confusion, and
proves that the interests will be align
cd under democratic banners, with
Governor Harmon as their candidate.
J. Pierpont Morgan is the one who
lighted the time fuse and then sailed
away to the blue waters Of the Medi-
terranean; the bomb exploded in Sen
ator Beveridge's committee on terri
tories, in the form of the testimony
of John Steele, general counsel of the
Alaska syndicate, and Stephen Birch,
managing director of that syndicate.
The Alaska syndicate is the technical
name of the Morgan -Guggenheim in
terests in Alaska, and the two men
came direct from Mr.. Morgan's offices
in New York to the senate committee
on territories and asked for hear
ing.
They Admitted to All.
They were given it, and to the de-
lightful establishment of the cOnserva-
ton friends and the utter dismay OF
Taft and his counsellors the general
manager and the general counsel of
the Morgan-G -Guggenheim interests ad-
mitted, without questioning and in a
prepared statement everything which
CLAWS, Davis and Pinchot have claim
ed, and which Ballinger and his clique
have been denying and which denial
has been given presidential confirma-
ltion. The purchase for $240,00O OF
coal lands worth at least 100000, 900,
that options for other lands were OBJ
tained through the Cunninghams, and
that the disputed claims Of the Cum
lninghams which Ballinger is trying
to rush to patents are already pledg-
ed to this syndicate, the getting of
exclusive railway rights which hold
the key to all claims not owned or
,under option, and practically every
other claim made by CLAWS, Pinchot,
ct al. and denied by the administra-
these accredited Morgan officials. 1t
came at the very time it would hurt
the Taft administration the most by
utterly discrediting the defense of Bal.
linger. and proving conclusively that
the Taft administration is not carry.
ing out the Roosevelt policies-except
feet foremost in a coffin.
What Does It Mean?
! What does it mean?
1t means. says Washington, that
Taft has fallen between two stools in
his efforts to straddle. 1t means that
the interests have passed judgment
upon him and pronounced him a fail
ure, not in the same way they con
,demned Roosevelt, but because Taft
Is a weak vessel, and too unstable for
their work at hand. The interests
want a man in charge that they car
depend upon-either as being against
them or for them. They have no use
for one who is vacillating. Taft blows
hot and cold. He does things tha,
tpleases the interests, he lends the
ready ear to Aldrich and Cannon, he
modifies his policies to suit Wal
street and then he hedges in order tc
pay tribute to the hoi polloi of the
Mississippi valley. He gets in bad.
Behind it all the interests see the
rising figure of Roosevelt.
Time Is not to be taken by the fore
lock, but it is to be haltered and sta
bled. and seeing no hope within tn,
Republican party the Interests hav,
turned toward Democracy, taking car,
as they faced about to throw the boml
which shattered the administratio,
and more hopelessly divided the Re
publican camp by furnishing the In
surgents proof of their charges agains
the administration.
Heart In Middle West.
Then, too. Democracy is more likel,
to be controlled by the Interests tha,
the Republican party. The heart o
the Republican party is the middl
west--the home of the Insurgent TIL
heart of the Democratic party now, an,
for years to come, is the South-rap
Idly becoming identified with the In
terests because of its industrial devel
opment. already on record for the Al
drich-Payne bill, and giving its sane
ton to Bailey's connection with tn
Standard Oil. The new south is han,
In glove with the east upon politica
questions affecting child labor. tariff
finance. conservation and all practica
questions that enter into politics al
questions which begin and end wit