Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1911-11-29
ALLEGES TEDDY
WAS bARGA|NER'
FORMER BANKER TELLS HOW I.
II. WAS FRIGHTENED BY FL
NANCIAL INTERESTS.
A FINANCIER TOLD HIM
ROOSEVELT WAS TO "HoLLER"
ALL HE WANTED TOO, But
THEY UNDERSTOOD 1T.
SCORES MONETARY Plan
Declares That Philadelphia is Now
Collecting Money to Put the
Aldrich Idea Through.

WASHINGTON. Nov. 2s.--Wharton
Barton Barker. a retired banker OF
Philadelphia, sprang sensation on
the senate committee on interstate
commerce today when he alleged that
New York financier told him In 1904
that the financial interests would
support Theodore Roosevelt for
president. t<;>ause Roosevelt HAD
'made a bargain with them on the
railroads"
Mr.. Barker's statement came IN
the midst of vigorous attack on
money trusts" in which he alleges
also that President Roosevelt had
been given the details Of the impend-
Ing panic of 1907 several months be-
fore 1t happened, but took no action
to prevent.
Mr. Barker also declared that the
Aldrich currency plan was the handi-
work, not of former Senator Aldrich'
but of Mr.. Warburg Of the banking
firm of Kuhn. Loeb company OF
New York, and that q fund of sl,-
100000 had been started to insure
its adoption.
They Scared Teddy?
"'Three or four weeks before the
b election in 1904" said Mr. Barker.
81 was walking down Broadway,
when ! met one of the most dlstin-
guished money kings in New York,
man now dead. He said to me: We
are going to elect Roosevelt / ex-
pressed surprise. fbnd asked II he
had given up the support Of Parker.
He said yes, that they had frightened
Roosevelt, 80 he had made bargain
with them.
Then They Desire Him.
The committee looked somewhat
innredulous and Mr.. Barker added:
81 wish Mr.. Roosevelt were here
"I wish he were," said Senator
Townsend. ut would be interesting"
Mr.. Barker said the financial gen.
tlemen, whom he declined to mem
ton, told him that Roosevelt had
"made a bargain on the railroad
question"
Mr.. Barker continued:
"He Is to holler all he wants to-
he told me, but by and by a railroad
bill will be brought in by recommen-
dation of the president, cutting off
rebates and free passes which suits
us, who own the railroads, permitting
the railroads to make pooling ar
rangements, and providing for max
imum rates
Didn't Believe Il at First.
THE railroad man added" said Mr..
Barker that under the law It would
be possible to add from 100000
600 to s4OO. 100000 to the total
freight charges paid by the American
public.
'I told him I didn't believe Roose-
Welt had made any such agreement"
said Mr.. Barker. but when the an
nual message of 1906 went to con-
gress, ne recommended most of these
things. ] wrote TO President Roose-
velt and told him what I hVrd and
that / had thought the man lied, but
now must believe he had not II
was the only letter Of mine Roosevelt
ever failed to answer
Won't Tell Financiers Name.
Members of the committee asked
Mr.. Barker to give the name of the
financial man who had told him that
Roosevelt was TO be elected.
81 cannot do It," said Mr.. Barker.
"But subsequently somebody was all
legged to have stolen some correspon-
dence between Hartman and the
president telling of s250,OOO put up
for election expenses In the city OF
New York"
Referring to the panic of 1907, MIR.
Barker said man who was present
at a conference at J. p. Morgan's
houses In May came to him in Phil
adelphia and wanted him to use his
Influence with President Roosevelt
10 stop a plan that had been mapped
out, he alleged, by the active leaders.
This man was captain Of the finan-
ciers who had used his own INFLUENCE
with the president, but without avail
How Il Was TO BE Done.
"The plan" said Mr.. Barker COM
templated the curtailment of loans
the withdrawal OF credits. the put.
ting away of money by those most
Interested to stop the panic, and the
enforcement n the various state laws
regarding the holding Of trust COM
panies.
Mr.. Barker said in October wher