The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1911-11-29
ROOSEVELT
DOUBLE CROSSED
PEOPLE. SAYS BANKER
Tells Senate Committee Roose-
velt Made Deal With Rail
road tor His Election.
Knew OF 1907 Panic Months Be
tore IL Broke. but Made No
Effort 10 Prevent II.

WASHINGTON. Nov .S-N harton
BSrker retired banker OF Philade,.
phia sprung q sensation on the cen.
ste committee on interstate CON.
mcrc~ TO-DAY when he alleged tha.
a \eV NorF nnaucier told him in
1904 that the financial interests would
suppor' Theodore Roosevelt, FOR
r'sident because the after had
made bargain with the "on fhe
railroad question
Mr Barkers statement came In
tho midst 81 vigorous attack on
tho money trust" In which bc a.
legged also that President Roosevelt
had been given the details OF tho Inn.
pending panic OF 1905 several month.
before % happened. bu, took no action
20 prevent ~ lie declared that thu
AIdrlch currency plan Was the handl.
Work. not ~ former Senator Aldrfch.
but of Mr Warburton. OF the bank.
lng nru of Kuhn. Loeb a Co. OF New.
York. and that fund OF 81 600 100
nsd been started 10 insure It's adoo-
tion. S'
Three or fOur weeks ,,efore In.
election in 1904" said Mr. Rarker "a
vas walking down Broadway when I
met one % the most dia,inruIshed
money kings in New York = man
nov dead he said 10 me We are
going 10 elect Roosevelt 7 exnres,.
ed surprise and asked n he had given
up m" support OF Parker. lie said
yes. that thoy had frightened Rooaa.
'eIt 20 lie had made bargain Uif,
them
Bargain on Railroads.
pr. Barker said the hnancial giant.
nom 10 declined 10 name. told him
-l'a' hoOf"Veit had made bargain
5 th" railroad question" sir.
Barker continued.
Iio DO 10 boiler an he wants 70 o.
he told me. but by ana bv railroad .
bill will be brought In r.cornp.nSss,
by the president. cutting or rebsfas
ana Tree passes. which suits u who
""n IA" railroads permitting the rail.
roads 20 make pooling Arrangements
ana providing Tor maximum rates'"
The railroad man added. said Nr
Barker. that under the latter author.
IiN lt would be possible 20 add from
$500 100000 10 $4,000. 600 10 the
i'ial freight charges paid by the
American public
ioid him ] didn't believe Rooge.
f"f had made any such agreement. -'
said Mr Barker. but when the an.
hual message % 1s5 went 20 congress
h" recommended most of those thinEs
] wrote 20 President RoOseyeif ana
foid him what ] heard. and that 7 had
fhougnt The man lied. bat nov I
mu-t believe be- had NOT ~ vas fhs
only letter % mine SIR Roosevelt
fallad % answer
Members ~ tho committee asked
Hr harkcr % FIFe tho name % the
tnancial man uh0 had told him thai
Roosevelt vas 20 be elected
cannot DO r said Nr narker.
out fghsequently s0mebody uas ai.
eyed 10 have stolen some correspond.
"nce between Nr Hartman and the
pres 'dent. telling ~ fZ5O.o00 puf ID
Tor election expenses Iu me c.ty os
Sew Tort
PANE Was oenbsrs,s q
lte'err.ng fo rho panic ~ 1907. ~.
hafFer ss'd man Who was present
ai conference st y Morgana
.'N-e in Hay. came f1 hlm In pills.
'tln7If ana wanted him fo use be
uiI"nce uifh Presidenf Roosevelt.
fo s''p ~ D'an that had been mapped
'i'. Do ALLEGED. by fhe financial
.'adef Tho man uas captain IN
In' HouFn Riders ae said. and had
GCsnurnsf s- rtgntt -.