Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1912-09-16
big BUSINESS
NOT WORRYING
OVER ELECTIONS
First Time in Years Wall Street
Hasn't Shown Nervousness
in a National Campaign
ey c. s. ALBERT.

Especial STAR Bulletin Correspondence
WASHINGTON, d. c., Sept. 8.
big Business" has heard the cam
paign keynotes of all the leading
candidates for President, including
Mr. Chaffin, the nominee Of the Pro,
nibitionists, and has not construed
them as Indicative of bad news.
There have been no raids upon the
stock market and none Of the finan-
cial magnates have announced their
unwillingness to loan their friend
money until after the November cleo
tions.
For the first time in number Of
years Wall Street has not gone
through the motions of having tit
resultant from the selections put for
ward by the various national conven-
TONS Not one of the platform prom
ises has caused an attack of hys-
terra. The operations of Big Bush
ness" have been pushed along since
the nominating conventions In pre-
cisely the same fashion as before
those gatherings. This establishes q
brand new record. It has always
been customary. for those in control
of monetary channels to begin taking
in sail the minute party principles
are announced and the possible cleo
ton of some candidate might c0nsti-
thte q menace to their MANAGEMENT
Of affairs Nothing of that nature has
yet developed.
Two reasons are assigned for the
placidity with which Wall Street re-
CARDS the political outlook. The first
is based on the theory that for weeks
and months big Business" has been
convinced that neither Wilson nor
Roosevelt intends to go after the III
nancial interests. In point Of fact,
the Taft administration. with the ac-
tive Mr.. Wickersham holding the at
torney generals portfolio, is regard
ed as a more serious menace to
crooked" big business than any 9TH
er possibility of the situation.
The second reason inspiring conf
dence is the expectation Of great
crop with consequent prosperity all
along the line. Unless Providence de-
crees otherwise this country will pro-
duce and market within the next six
weeks a billion bushels more grain
than was produced last year, This
means prosperity to the farmer, and,
what is more to the point with Wall
street, prosperity to the railroads.
Everybody for Himself
Everybody for himself and heaven
help the hindmost," seems destined
to become the brief but expressive
motto of Republican Representatives
in Congress who may seek reTOmina-
ton and reelection iD the approach
ing campaign. The adoption of such
slogan is indicated by the present
drift of affairs political
At present there are absolutely no
signs of teamwork between the adj
ministration and Republicans in the
House, and men in that body are 'go-
ing it alone" each playing to his own
hand. In the recollection of the old
est member there was never such a
chaotic and disorganized situation.
Predictions are freely made at the
Capitol that Republicans seeking re-
turn to power win be found throwing
the administration overheard and at
tending strictly to their own knit
ting. They will vote, it is prophe-
sled, according to the sentiment in
their own districtsI and regardless of
party or administrative policy.
Carried to the last analysis, this
would mean sacrificing the national
ticket to their own interests, and
there are indicatisns that many of
them are getting in shape to pursue
that policy. If it seems best for them
to override the Presidents veto OF
a bill declared to be in violation of
Republican principles or to dodge the
issue and not vote, they will do so.
Or course, few Casabianeas will
stick to the burning deck-case-hard-
ened regulars, such as Uncle Joe
Cannon, Mann, Payne and other re-
concentrates, but the fact is there are
many among the rank and file who
are looking anxiously for cover.
Eager inquiries are being made by
Republican members as to help to be
obtained from tho Republican con-
gressional committee in the coming
campaign, but the responses are
neither specific nor encouraging.