Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1911-11-29
ROOSEVELT SOLD
OUT TO WALL St..
IN "a, IS CHARGE
Wharton Barker Says Colonel
Bargained With Big Rail
road Corporations. =.

WASHINGTON, Nov. 29.-Before the
Senate committee on Interstate com
merce, which is investigating the trust
problem. Wharton Barker. of Philadel-
phia. for many years a tanker and stu
dent of economies of international
reputation, yesterday declared:
THAT four weeks before the presiden-
tial election of 1904 a great New York
financier, now dead. whom he did not
name, but who was easily recognized as
Edward II. Hartman. I'D him that the
money power had intended to elect Al
ton B. Parker to the Viii : House, but
had made a deal with Theodore Roose-
Welt and had deserted 4arker.
THAT this deal involved the election
of Roosevelt as President through the
support of the money power and, on the
him of Roosevelt, included the pursuit
of an administration policy by which
the trust problem was . be kept in the
background and railroad legislation,
which in the end was to be favorable
to the railroads. was to be put to the
+. ont.
THAT he told the hnancier who gave
him this information (Harriman) that
he did not believe it, but that after the
election of Roosevelt and he formula
ton of his policy he wrote the Presi-
dent that he now had come to believe
it,"
Nj. DarI-aF xuIn 10 noun e. Noapa old
was born a Quaker in Philadelphia and
has been a figure in many notable in
ternational transactions in finance. He
is reported to be very wealthy and long
has fought for peaceful expansion of
business as opposed to the concentra-
ton plan of the trusts. Mr.. Barker was
the middle-of-the-road candidate for
President in 1900.
-Four weeks before the Presidential
election of 1904" he said, II was walk
ing along a street in New York when
| met a great money king-one stand
ing in the front rank, now dead, but
whose name may be guessed by all
present. He told me with the utmost
seriousness that a deal had been MADE
to elect Roosevelt and reject Parker
that they had frightened Roosevelt so
he had made a bargain with them"
Mr.. Barker seemed to read in
credulity in the face of some of the
members of the committee.
Il wish Mr.. Roosevelt were here"
he said.
Il wish he were,' said Senator Town
send. 1T would be interesting"
1.-THE agreement by which Roosevelt
was to be made President by election"
Mr.. Barker continued, was based on
an understanding that railroad legis-
lation should be made the prominent
feature of his administration. instead
of trusts and currency reform. 1t was
agreed, so this New York fnancier
told him, that he might roar n bel
low all he pleased, but in the end a
railroad measure would be brought in
by recommendation of the President,
cutting off rebates and free passes,
which suits us. who own the railroads,
permitting the railroads to make pool
ing arrangements and providing for
maximum rates.
The railroad man added, said Mr..
Barker, hat under the latter author
ity it would be possible to add from
$500, 0 $1,000 to $500, 0OO,0 900 to the freight
charges paid by the American public.
NEW YORK, Nov. 29.-Colonel
Roosevelt was at the Maxine Elliott
Theatre last night to see 1.-THE Play
boy of the Western World When
asked to comment on the testimony of
Wharton Barker before the Interstate
Commerce Commission in Washington
yesterday, he said:
Il would as soon discuss a pipe
dream with an ~out-patient of Bedlam
as to discuss such nonsense
This was the only comment he would
make. except to add:
Il think they'll get my meaning"