Evening star. [volume] (Washington, D.C.) 1854-1972, 1910-06-30
RooseveIt's Endorsement of
Gov. Hughes Attitude.
FOR GOOD OF THE PARTY
Hard Times for Solicitor Of Cam.
paign Contributions.
RUM0RS IN WALL STREET
Resentment at Admiuistration's Act
on Increase OF Western
Freight Rates. ~,

''' s4&x
special From STAFF Correspondent.
NEW YORK. June 3o.-Some OF me
e!hicai old politicians down In Wash
inston-tnose who were on the inside dur
ing the Roosevelt regime-wiIl snicker
over the spectacle Of Roosevelt with his
arm around Gov. Hughes shoulder prsis-
ing MIN as the Moses OF the republican
party In New York. They will think Il
a sight to make a horse laugh.
however. business is business and. like
wise, politics has no conscience Be-
sides, the dear public doesn't have to
know everything. So let the love feast
gon on; It's all in the days work.
Col Roosevelt's detestation OF Hughes
Is only personal. and while he can bs
the best hater and the most expressive
who ever lived. he can also dissemble
when necessary. And this seems to be
another time when it Is necessary.
1t is desirable to remember that both
Col. Roosevelt and President Taft are un-
der heavy obligations to Gov. Hughes. Il
is not far cry back over he trail OF
memory. TO the time when Gov. Hughes
speech at Youngstown, Ohio. in the Taft
lican party in the hour of dire need. 1t
must also be recalled that President
Roosevelt sent Secretary Root to the
Saratoga convention to demand and Sc
cure the denomination of Gov. Hughes for
the governorship at time when he was
very unpopular with his party leaders, in
order to help the state. congressional and
presidential tickets with the Hughes pres
tige
/ recall these little incidents now TO
throw a sidelght on possible developments
of this week in New York state politics.
You will give Col. Roosevelt credit for
having the interests of the republican
party at heart He will not hesitate to
use Hughes again if he can He is a ma
terialist in politics as he was In states
manship and administration, the end ius-
titles the means. He will shake hands
and smile with a man he detes.s IL that
man can serve what he deems to be just
end.
A Wall Street Rumor.
BY the way. while We are talking about
Col Roosevelt, hear down In Wall street
that ]. p. Morgan and Col. Roosevelt
have made their peace. They say that
Mr.. Morgan has caused to be offered to
Col. Roosevelt the presidency of an in
surance company which the Morgan in
terests control, with salary OF $1oo.oO.
The Wall street pikers knock the story
fer two reasons In the first place, they
say there is no reason for any peace
making" between these two great men
after President Roosevelt's sanction OF
the famous merger of the Tennessee Coal
and Iron Company with the steel trust
to ward off the panic. That act alone
ought to have placated Mr.. Morgan, they
say, and cause him to forgive President
Roosevelt for all he was ever charged
with doing against the money interests
No politician thinks that Col. Roose-
yelt would take place or this kfnd.
which would remove him from the lime
light and subject him to the suspicious
scrutiny of the press fearful OF press
agent scheme every time he spoke
give the story only as part of the cur
go hand in hand in this neck O. the
woods
Hard Times for Solicitors.
Another whisper from the financial dis
trict-it is more classy now to use the
term financial district than Wall
street, the latter being usurped largely
by the westerners to denote the money
DEVILS that the politicians are having
mighty hard times in their preliminary
canvass for political contributions. with
prospects of the worst yet to come.
The state law comprised in the corrupt
pratices act has rendered il well nigh
impossible for the state managers to do
business with the corporations on cam
paign contributions. When the political
leader comes down street to pass the hat
he finds two classes of objectors. First
is the big corporation which is exuberant-
ly glad to plead exemption from de-
tested form Of sandbagging and knuckle-
busting.
The second Is the class of individuals
who were accustomed to giving up five
hundred or thousand legitimately, 'for
the good of the party and making no
deal. quid pro quo. These gentlemen are
averse to having their names exploited
after election day as campaign contrib
utors, because OF the seeming obloQuy OF
being in such list
And now comes the federal statute to
make il harder. These are hard times, in
deed, for the campaign solicitor, and
many hopeful candidate in the coming
elections will find the campaign cupboard
In the condition described in song and
story about that celebrated character,
Mother Hubbard.
Sore Against the Administration.
And still another point: The golden
goose of the financial section which has
laid SO many bullion nuggets for the
campaign hustlers of the republican party
IS at present feeling very sore toward the
party In power. They think your friend
Attorney General Wickersham has done
EN- dirty" to quote their own expression.
They are bitterly disappointed in him and.
n fact. in the whole Taft administration.
The Attorney Generals suit to enjoin
he freight increases OF the western
runk lines was an awful blow to the
financial district.
They didn't expect II Of him. they say.
Here was q man whose whole life was
Identified with corporations and the in
erests'' and yet who acted In what he
hought was the welfare of the common
people and put across that injunction
.ausing a shrinkage Of $150, 0,000.O00 In the
market value OF securities. Just think
# that!
The trouble with these folk In the
lnancial district IL they cannot see be-
'ond the tape Of the stock ticket which
eg1sters the speculative price, not the In
rtnsic value. OF securities. They are the
most ignorant people in the country about
General political conditions and look upon
he region west OF Hoboken as their
atural hunting ground and its interests
heir prey.
A Leak Suspected.
1 think, however. that what hurt them
lost In that celebrated instance was
he thought that some favored few In ad-
circles got the bulge on
hem. beat them to It," as they say In
Vail street. and cleaned UP some gains
,hiie they were losing. That II absolute
y intolerable and unforgivable.
The story down the street 70 that the
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