Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1912-05-10
j. P. MORGAN IS
AGAINST WILSON
Moneyed Interests Behind Flight
to Prevent His Nomination.
STATEMENT BY COL. AS. BACON

Champ Clarks Connection With the
Financial Powers Is Traced Through
Ex-senator Pettigrow of South Da-
kota-Why They Hate tho Governor
of Now Jersey.
In II booklet written by Colonel Alex.
ander 5. Bacon of New York and Is.
sued by the Woodrow Wilson man,
agcment j. T.. Morgan Il Co. with
other money interests. are specifically
charged with being behind the fgh,
against Governor Wilson.
Colonel Bacon traces the connection
through ex-senator Richard Francis
fettgrcw of South Dakota, one of the
leading managers of the Champ ClnrL
cause. Pettigrcw has written man,
letters for circulation through the mid
die west, saying things which the WI
son people declare are untrue.
Senator Pettigrcw. Colonel Bacon
says, has always been IL servant TO
James j. Hill and the Hill railroads
'''''' PN"NANh iillt lllll ellNDltu MN
to make hnlf II million dollars. Now
says Colonel Bacon:
Tho bankers for the Hill lines md
the interests for yenrs Identified with
the lii properties arc j. T.. Morgan &
Co. The fact that Pcttigrew Is taking
the lend III this crusade against Wilson
Iehus considerable weight to an impress
sion that is pretty general MS to the
real forces lighting Wilson. Wilson IL
the one man, above all. whom the spc
cial interests are determined to defeat
The financial powers hate him not
only because they regard Wilson M u
dangerous man" but because they re-,
gard him as ~ traitor To his clnss"
They hate him for his attempts To de
hocratiZe Princcton; for his refusal to
let their representative, ex-senator
James Smith. rcylrn to the United
states senate; for the popular meas
urcs he has placed upon the stutut,
books In New Jersey; for his refusal t.
take their money for campaign pur
poses. They hoped for better things
than this from Woodrow Wilson; AT
first they regarded him as one Of them.
sclvcs-taking the popular side. Wilson
has unclasscd himself.
Above all, these forces know that
once Wilson is elected they will lose
control of the government. Senator
Pcttigrcw is precisely the type of man
these forces would select To serve thciI
ends.
Tho plan of campaign engineered
against Wilson iS no secret. Pettigrcw
Is loudly campaigning for Speaker
Clark. Pcttigrcw ana his fellow cam.
paigners, however. care nothing for
Clark. Wall street cares nothing for
Clark. Had Pcttigrcw all the electoral
votes in his hands ut this moment he
would not cast them for Clark. Whnt
Wall street wants to do il to dcfent
Wilson. IL has collected II large cam.
paign fund, not to nominate Clark, but
to destroy the New Jersey man.
Likewise politicians of the moncyed
interests are pushing the candidates of
several men all against Wilson. Az the
sugar trust years ago testified TINT II
contributed TO the campaign OF both
parties, so the Wall street nnanciers
are now supplying money TO the back.
ers of Underwood. Harmon and Clark
They realize that there Is only one M.
tional candldate-Wilson. Clark, I'm.
derwood and Harmon have followings
only in certain localities. while Wilson
Is strong In every state. They have
therefore determined rs n fixed policy
to use the favorite sons I'm states where
they are especially strong merely us
tools to keep the delegates from vii.
son. Underwood is strong In Alabama.
and as southern man naturally finds
favor in other southern states.
Mr.. Harmon is presumably popular
in Ohio and perhaps in the several
eastern stand pat states. so Wall street
pushes Harmon ahead In these quar-
tcrs. keeping Underwood and Clark
out OF the struggle. Similarly Clark
ought to be strong In the west, and so
the antlWilson managers push his can
didacy in these sections. 1t is In a
campaign OF this kind that men ike
Pettigrcw, In spite of his record. have
Il certain usefulness.
Tho first part of Colonel Bncon's let
ter answers the charges so freely
made by PcttIgrew, Hearst and George
Fred Williams Of Massachusetts. Ac-
cordlns to William Randolph Hearst,
the chief hacker of Champ Clark VII.