Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1912-01-31
EITHER HARMON
Or ROOSEVELT
Bird Coler Asserts Taft Has
Made Good Pres
ident
WILSON NOT IN RUNNING
New Mexico Has Fine Constitu-
ton, Says Eminent New
York Financier.

Its Harmon or Roosevelt" said
Bird 5. Coler, former comptroller OF
the currency Of New York, and head
of the banking firm of w. n. Coler
and Company of New York City,
when asked for his opinion on the
political outlook in the East. Mr..
Coler arrived in the Ancient City Mon
day evening with Mrs. Coler and are
the guests of Mr.. and Mrs. Charles A.
Spiess of Las Vegas at the Palace
hotel. The we'll known ffnancier is
making a tour of the country in the
interest of the firm of which he is the
head and has already visited most of
the western states.
Democrats Favor Harmon.
THE rank and file of the Demo-
Gratis of New York are unanimously in
favor of Harmon for President" said
the fnancer. While Woodrow Will
/ son is held in high esteem as an edu-
Gator, business men feel that he has
not the practical knowledge of politics
! tfat would fit him for the position of
chief executive. They are not in ia
Vor of d political theorist Recent
events have practically eliminated
the educator from among the Presi-
dental possibilities. If nominated.
either Taft or Roosevelt would win
! from him easily, Clark or Folk
would make d better showing than
Wilson if nominated"
Taft Has Made Good
| TAFT has a considerable following
among the thoughtful members of his
party in New York as he is the first
Of his party to take platform pledges
seriously. Personally, think he has
made an excellent President and de-
serves denomination and election if
his party can muster the necessary
votes. His administration has been
o. the safe and sane variety and his
judicial management of affairs has
had a salutary effect on the monev
market. Wild cat speculation has
been held in check, while trade in
legitimate securities has been en-
couraged. Following a period of in
! fia,ed values his popularity has SUI.
fered somewhat because the financial
world suffered from previous excess
! es. He has done more to curb the
! trusts than Roosevelt ever attempted,
but he has gone about it in such a
way that financial conditions have
not become unsettled"
Roosevelt the Idol.
Roosevelt is the popular idol of
his party, but [ believe that he will
refuse the nomination if offered. How
ever, he is not forgetful that the offer
would be valuable asset in the sale
of his writings and that the mantle
OF Cincinnatus would we'll become
LIS classic form. If we must have a
third term let us have Teddy,'
Conservative New Mexico.
The eyes of the country's finan-
| ciers are on New Mexico" said the
banker in answer to a question re-
lating to investments in the new state.
THE conservative business element
Of the East is well pleased with the
sane constitution adopted by the Las
Vegas convention, but capital is wait
! ing to see whether the legislature will
carry out its provisions in laws safe
guarding investments in public secu-
rites and other enterprises. Mil
lions of dollars are lying in Eastern
vaults waiting for safe investment.
This money will come to New Mex
! leo if a fair return in interest is DOS
sible and the safety of the principal
assured. Edwin Lauterbach, one OF
! our leading attorneys, pronounced
the New Mexico constitution the best
/ that has been written in years
i New Mexico has come into the
! Union under the most auspicious cir.
cumstances. While Socialism has
expressed itself in the fundamental
law of Arizona and other states late
ly admitted, New Mexico has taken
a firm stand in the encouragement of
legitimate business enterprises and
with its boundless resources is bound
to forge ahead"
! Danger in Socialism.
Socialism is the bane of the Re.
public, according to the New York
banker, and he has written many
arguments against what he considers
the insiduous injection of it's poison
in the body polite.
"On state and city securities the
effect of Socialism has been Marked"
he said. Many people seem to think
that the state should support them
instead OF they the state. The public
school system has been used to foster
the evil and the doing away with
+, religious teaching in the schools is
fast making a nation of agnostics.
Beware, said Washington, of men
who inculcate morality without re-
ligion.' That is. We should have a
spiritual faith and not a state social
istic religion. Under the present
system nine ont of ten of the public
school teachers of Greater New York
are socialists and are subsidized to
destroy the faith of our fathers. This
problem is the gravest that faces the
American people today"
Mr.. Coler Keen Observer.
Mr. Coler has made study of the
financial condition of the western
| states he has visited, and does not
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