The evening times. [volume] (Grand Forks, N.D.) 1906-1914, 1911-12-05
WALL STREETS CHAMPION.

IN hoosevelt' wan s. .ese
In his attack on, President Taft*and
cards ss,sHs , bus nsa;Gs Is ms#ss van ysm, s #
ton his grievance. Nd} = 80
He makessits OBJECTION to the sher-
man antitrust law His objection.
He makes Its protest against the
steel trust suit his protest.
He makes Its contempt for cornpeti-
ton his contempt.
He makes its demand for new legis-
lation his demand.
The value OF the service which Mr..
Roosevelt is rendering to big business
cannot be overestimated.
. He presents Wall streets resentment
against Mr.. Taft lore ~forcefully and
coherently than Wall street itself has
been able to do. =,
He voices ]. Pierpont Morgan's ce-
dared attack the steel trust more elO-
quently than MI. Morgan has voiced
/. He comes to the relief of. big bust
ness at, a critical time,,- when 1t .eOrely
needs an advocate who can command
the attention of the country and smear
its schemes owe with a varnish of
political progress. ...,.
He provides the mask Of radicalism
which any movement to prevent Mr.
Taft's denominations requires in order
to be successful.
He secures to Wall streets theories
Of trust regulation an audience. that
nc other man could obtain.
He again richly deserves 1.-The influ-
nee of the great Morgan interests,
which have been. SO friendly to. u.s."
even in his c~ontemptuous references
to the many progressives. who rep
progress at all. but a kind of sincere
rural toryism"-even In his generous
Endorsement of the. Gary-Perkins the
DRY of government regulation, Of prices.
Less than a week ago Mr..
Roosevelt gracefully accepted William
Barnes, Jr.. as boss Of the Republican
party In New York, the World. asked
president. The outlook article may
be accepted az a full and complete
answer. MIR. Roosevelt is palpably q
candidate. and his extraordinary poll
teal genius has set for itself the task
Of bringing about a coalition between
the anti-Taft plutocrats in Wall street.
OF this coalition he expects to be the
beneficiary. Mr.. Roosevelt Is not CIV
en- to .disinterested political effort.
. /" SONAty Atoy 90 AoAO. ~
fact that he is seeking a;third term
not, in the open name of an avowed
candidate. but by the indirect process
of making Taft's reconciliation impos-
sible. ~~~.
That he should reach out. for. We'll
street'A support for. his ambition Is n
no way. Inconsistent with his record
1904. His campaign funds came
chiefly from Wall street. Two of Up
Morgan's partners assisted in the col
lection of campaign tribute. and par
of the insurance money was handled
by one Of them. Mr.. Hartman wa
invited to the white house a few day.
before election, and returned to New
York t.. raise the $260.ooo which. hi
boasted,. turned $4,000 votes in New
York city alone, making a difference
OF 100000 votes in the general result
As president he made one Of Mr.
Morgan's. partners secretary of stat.
and Mr.. Morgan's s~bn-in-laW assistan,
secretary Of the navy. At Mr.. Nor.
gan's request he licensed the absorp'
ton Of the Tennessee Coal and Iror
company by Mr.. Morgan's steel trust
In the face Of the governments suit
During the Roosevelt. panic he turned
the United tSates treasury over to the
committee Of gnanciers of which Mr.
Morgan was the head. No other presi.
dent ever denounced Wall street &c
yehemently and no other president
lever took such pains to make SUR
that the deed did not square with the
word.
Mr.. Morgan would be the logica'
Morgan candidate for president II
1912. No other candidate representing
Wall streets present. desires could
E.command SUCH support, No other can
Fdidate. with. the. falntest chance %,
election would more fully merit thu
confidence OF big buainess.. No. othel
candidate could be more thorough,
relied upon TO help "unscrawble tn
eggs"