The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1912-10-16
How 1t Was All Done.

To grasp these pregnant facts we
have only to recall little modern his.
tory In 1901 Mr. Roosevelt had his
bureau Of corporations in working or
der Hr. Ccrtplyou lately in control
0f Il a. secretary Of commerce and III.
0rr had been made chairman Of Tic
X 'io'al il pa a'ican committee io
'aNd Cornelius \ Bliss, treasurer, were
col'eH nnn,, IS George Il Slcl.
con NJ fl,ss successor, says, IS 3
Pc oat, ;'c faHda received came
rom t.. meaae. 4 corporations.
y va 10 rot fad in these disclosures
,u.iicicHt explanation Off + MORGAN
4 Co.'S especial interest ia Mr..
Roosevelt's election, It is possibl" that
later events may reveal it;
Mr.. Roosevelt never prosecuted J, P.
Morgan 4 Co.'S steel trust lie en-
phatically stopped the proceedings in
stituted by others against J. p. Morgan
& Co.'S harvester trust. When the
panic Of 1907 was at its height he turn.
ed the resources Of the treasury over
to ]. p Morgan & Co., who used them
and made money and reputation by the
process. He met Gary and Frick, rep
resenting J. P. Morgan 4 Co.'S steel
trust. before breakfast one morning
and licensed them, In violation Of law.
TO absorb the Tennessee Coal and Iron
company, thus giving J. p. Morgan 4
Cos steel trust a monopoly of high
grade iron ore lie put Mr.. Bacon. o
partner of J. r Morgan & Co, into the
state department and the diplomatic
service. He made Herbert Satterlrc,
J. p. Morgan's sOn-in-law. assistant
secretary of the navy. In a letter to
Attorney General I,onapartc he tcsti'
fed feelingly to the virtues Of the
Morgan interests which have been so
friendly to us" Never before was the
public welfare" so chcaply protected
Extent Of Morean's Interests.
The Morgan interests" are not con.
fined to J. p. Morgan & Co by any
means The Morgan interests cOInpr,-
bend life insurance companies. banks
and trust companies. railroads and
manufacturing enterprises. n the par.
emit house increased It's regular Repub
lican contribution In 1904 because of
its especial interest" We may easily
imagine that the policy was widely
initiated by affiliated corporations and
individuals. Perhaps In this almost un.
exampled favor by the Morgan inter
ests We shall find an explanation 81
the Roosevelt administration hostility
TO the Standard Oil interests. which
have not always agreed with ]. y.
Morgan 4 Co concerning "the Welfare
of the public"
It may be that the senate committees
will be able TO throw more light on
this point. but II can hardl, add any
thing to the scandal of the Morgan
Roosevelt alliance II was Nr koose
welt who opened up 10 MoIFah
& Co. the possibilities Of government
BY big business. II was Mr. Roosevelt
who persuaded ]. =. Morgan q Go. 10
plunge deeply into politics. u vas Mr..
Roosevelt who. consulting the public
welfare" registered the DEGREES Of ].
p. MORAN & Co in the White House.
Not until Mr. Roosevelt had lost con.
troll OF the Republican machinery and
the Law providing for publicity Of cam
pa,gn contributions had gone into u.
feet did ]. p Morgan 4 Co. disappear
from the list Of regular contributors 10
the colossal corruption funds OF the
Republican party Are J. p Morgan
G. Co nov operating politically under
cover OF their recent partner. George
W. Perkins Yorh woflA