New-York tribune., 1910-07-24
FEARS THE MONEY KINGS
SpreckeIs Plans Fight Against
Concentration of Wealth.
AIMS SHAFT AT THREE MEN
Capitalist Who Backed Graft
War in San Francisco An
nounces New Project.


Rudolph Spreckels the fnsncier. VINO
backed the graft prosecution in San Fran
cisco, arrived here yesterday on the Ham
burg-American liner Kaiserin Auguste VIC
toria after a brief trip abroad AS tne
Kaiserin came up the bay the man who
fought Boss Ruef and ex-Mayor Schmltz
until both were convicted and put In jail
belabored certain moneyed interests OF TINS
country, which he charges with fast bring
ing the country to a condition akin to rev.
olution.
Nj Sprcckeis said he went abroad to get
away from the turmoil Of finance and po-
litical discussion, but that after arriving
| on the other side his interest in the SUB
ject forced him to look into the attitude OF
Europeans toward America from finan-
cial point of view.
While not politician himself. Mr. Spreck-
els said he was greatly interested in the
tnsurgent movement, and many persons OF
the insurgent spirit he said, are joining
him in his efforts to bring about an or
ganization for financial and political purity
He declared there were three financial In
terests in this country that were seeking to
control the entire United States. He said
he did not care to attack the individuals
at the head of these organizations, as he
hoped they would eventually the great
mistake they were making in their thirst
for financial and political power and possi-
bly, give more thought for the people of
the United States.
WithhoIds Names of Trio.
While Mr.. Spreckels did not mention the
names of these men. he said there was no
/ taG with ha giving
libraries to the public for personal perpe-
tuity Of name, nor was the giving of art
objects to museums of any great benefit to
the people at large.
He declared that the n1icrobe which en-
genders an inhuman lust for financial and
political power had become SO deeply
| rooted in these men and the financial flies
who cluster about them that they had lost
all sense of discretion and probably did not
realize the colossal wrong which they were
! infiicting upon the country.
Il know what it is to have financial
power said Mr.. Spreckels. pounding his
| fist upon the ships rail. Il am a corpora
ton man. a fnancier. and / am thoroughly
| able to understand how the thirst for power
may grow upon man with money l have
made a study Of the whole financial prob
| lem of this country, and 1 can say without
| hesitation as a corporation man that the
people of the United States give more and
do more for the corpora tions than the cor
Iorations do for them.
Every man high up In the financial af-
fairs of this nation should have the country
/ itself at heart. The country should be MS
first consideration. We owe something very
/ large to posterity. We should not bring
children into the world and then create for
l oil; 70
This is wha, three men are doing in this
nation to-day. History is full of the names
of men of wealth who have done great
things for the people of their time, and
their names have not been handed down TO
posterity by the erection of libraries.
European Investors Attitude.
| Twenty wears ago / could name twenty
five men who practically represented the
financial interests of this country. To-day
we have only three. It is this dangerous
concentration of wealth that has frightened
European investors. They know over on
the other side that three men can do any
thing they want with the securities Of this
! country and they are afraid of this con-
| centration of power.
! .'Fina ncial conditions have gotten now to
such a state that q panic be made by
these three men any time they chose 10
make it, and this is very conveniently done
| on the eve of q general election. 1t Is done
to intimidate the public and give the men
who represent the people in Congress an
excuse for voting against the interests OF
the people.
| Such a panic was created in 1907, and
the financial interests tried TO put the
whole affair upon the shoulders Of Roose-
welt Money was needed in the West then;
not in the East. All the money Of the West
was tied up in the East. We tried to get
the Treasury Department to send relief
to the West, but Wall Street got to Wash
ington first and cornered it
Il don't believe the three men whom
| have in mind are wholly bad. One OF
them, reputed to be the cleverest, is not as
rich as he is reported TO be. Much of his
manipulation is done on fictitious values
and does not represent so much cash as
one would suppose.
These men are surrounded by a great
swarm of parasites. who keep from them
ali ideas of patriotism and duty. Any
one who tries TO show these three great
ones wherein they are wrong is thrown
out by the parasites and called a crank
Elect Men Whom They Control.
1t was the financial interests of San
| Francisco that nominated and elected Nc
| Carthy the labor Mayor Of San Fran
cisco. The laboring and the clerk
were not to blame for this. The fnan-
cial interests and the who take to
themselves the privilege of organizing
labor make the threats. pass out the word.
stuff the ballot boxes and elect officials
whom they control
| My work of bringing about national
organization to fight the concentration Of
! wealth is gaining ground rapidly. l am
| constantly in receipt Of letters from
| wealthy men and poor men who are with
me heart and soul. ] often meet wealthy
/ men who have the nation at heart and
| who believe as L do. My plans are grow
ing stronger by the hour | shall return
| to New York in October, and will then be
able to give some details Of the work l
have Oh hand.
This insurgent spirit is coming TO the
| front all over the country, and ] think in
! time the country Will be saved from the
! three men and their parasites who are
| feeding them continually on the microbes
which produce the great thirst for polit-
;caI and financial power"
MOTORMAN PREVENTS DISASTER