The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1911-11-29
I. R. MADE
DEAL WITH
? INTERESTS?
Wharton Barker, Retired Banker
Springs Sensation Before
Senate Committee

Washing ton. d. G. Nov. 2e-INhaE
ton Barrier. a Fstigec eanker II Pail
sdesp3la, sprung sensation on the
Senate committee On .nregstate com
megcs Tuesday when he alleged thai
3 &ew York fius1cier told hSgg ga
Z 1909 that The financial interests wogid
I support Theodore Roosevelt for preat
( dent. Because lAe latter lad asade q
bargain with laea. ~lA ihs FallF I'd
questions
/ S@FheFs statement came ia g4 midst
I VI Nig rUas stack On the al0ney
/ tr8sl ui which rs alleged also that
I President ROosereit had been given
the "details os The impending panic ot
1907 several UaHt4s before Il hap
\ Nenea bur tD0s no action Id prevent
~ se declared that tAe AldrleA cur
FeaeF yiAm as the hzndiw Fk not oi
iormeg Senator Aldrich. bat of a NF.
WaF5gltCn Of the banking firm OF
Kuhn Loeb IL Co. oE New YORK; and
thaE a fan8 Of 81 0N9 600 had been
started ig JasHre sis adoption.
Hold T. 2. ss-rcd"
Three ~ faar c5ss before the
election IL i5a4. Dir Barker said. ]
wag walking danA BFgsanay when /
met one Of the most distinguished
money kings Ia New York a man now
dead He gaia 10 me we ase going
70 elect Roosevelt expressed CUR.
prise. and asked Il be had given up
the support If Par1eF lie said yes
taat they bad srigatoned Roosevelt
70 he aad made bargain wigh them
Mr. BARKER said tire financial giant.
whom be declined 10 name. t0Ia him
taat X osegeit hal made bargain
On tire railroad question Nj Par
ker continued
He IL F0 i0Aer asl be- wants r0
he told me, Bur by aud by q railToad
hill viii be brought n BY reeommen-
datiOn vi the president, cutting oil re-
ates aud free passes. which suits rs
WHO own the railroads. permitting the
railroads 70 MAKE pcOIng arrange
ments. ana providing fog maximum
rates.
Says Teddy Didn't Deny.
The railroad man added, Mr. Bar
Ner said that under the latter aatnor.
ity ii would be possible 10 add fr0m
sZ9a .0090e0 to 800 080 900 to rDe To-.
tai freight charges paid by the Am
erican public
Y told MIN | did not believe Roose-
welt haj made any such agreement
Mr. Barker said out when the am
nn8l message of 1905 went to con-
gress he recommended most 0f these
things. / wrote to President hoose-
vest and told him what ] heard, and
that I had thought tae man lied. but
now ! must believe be had not ID
vas the only letter 81 mine Mr Roose
Welt ever failed t8 ans wer
Members 0f the committee asked
Mr Barker % give The name of the
financial mau Nh9 had told hn that
Hposeseit was 10 be elected
Won't Give Name.
CAN not 10 IL Dill Barker said
bui subsequently somebody VAS al-
ie5ed ~ have stoien some correspond
ence between Mr Hartman aud the
president telling os $3.50 DD0 put up
irF election expenses ia the city oi
New Y0rH"
Referring 70 the panic III 1907. MI
Barker said a man who was present
AZ conference al j. p. Morgan
u use IN Mas came 10 him III phiiaael.
phia and wanted aim 10 use hH in.
iae1ge witn President Roosevelt 10
eivp plau that had been mapped oBt,
ne alleged hg tine financial leaders
The man was "a captain In the rough
riders. be said, and had used his own
influence with the president, but
without avail
Ile Dlan Mr. Barker said. econ.
tcnplafed the curtailment vi loans.
the witadrawal of credits, the putting
away oi money by those interested
where they could get il when they
needed i 70 stop the panic. and the
enforcement Of the various state laws
regarding the holding of cash resery
g ny the banks and trust c3mpau
les.
Sir Barker said that iu October
" hen the financial upheayal reached /
'S crisis he urged President Roose. /
#elt to distribute the sl45 .0y0000 of 4
ash 81 haDd In the treasury among I
-ae banks Of Chicago Philadelphia,
boston and other cities.
says Advisors won T, r. over.
ne wanted 10 DO it, he said. but
ie called "a Mr Knox and Mr.. Cortel- L
'ou and Alr Root aud instead Of de.
'0siting % the outside cities he plung
q the whoie amount into Wall street
I broke the country but il saYea the
The Philadelphia uaa whose bank.
nS house AZ one tame was fiscal agent
or The Russian government. declared
nat those who backed the kdrlch
ionetary plan rad begun epropa.
anda 70 which il WAS proposed 10
pend 81 V00,34g 10 secure the endorse
ient Of the proposed currency Ieris-
ltlDn
sonaay q banker in Philadelphia
dFled ~ coiifgi ifgat citgB shaas oft
ie money 100000 he said
he declared that the great money r.
igarcly IN New YORK controlled
Z lines VI finance Industry and
ansDoftation, aed that no legislation
signed % break up the trusts woala
rike 81 the root o. the trouble