Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1912-06-08
8 CANDIDATES
EXPECTED NOW
Wall Street Has Diagnosed the
Situation-But Not to Its
Satisfaction.
sx 8. c. FORBES.

NEW YORK. June Slow does wall
Street diagnose the political outlook?
That was the question for which an
authoritative answer was sought with
some diligence yesterday. The informa-
lion gathered is not unnteresting. II
comes from the most influential sources.
Here it is. in tabloid form:
Three candidates are now sched
uled
week ago only two seemed prob
Roosevelt and Democrat.
A Roosevelt reaction has set in and
events in Ohio are having widespread
influence.
The Taft managers have just corr
dded important encouraging news to
their friends
The Root incident has damaged
Roosevelt
On the Democratic side Champ
Clark has come SO strongly to the
front that the politicians are ready to
flock TO his Standard significant in
dication of coming events.
What would Roosevelt victory mean
for business" was the second question
asked Generalization? No, the reverse,
IL was declared. This is how il was put:
Roosevelt win come forward with a
policy Of reconstruction. He will
preach the Importance of giving bust
ness a chance to bring prosperity TO
the people lie win thus seek TO win
the support of the business communi-
ity.
Roosevelt pledged TO construction
instead Of destruction would mean
boom in industry.
TAFT has put damper on business.
His reelection would not lmpart any
stimulus to trade.
There you have the inside attitude Of
the financial world
The prospect OF three cornered night
Is not relished, for no one candidate
might gain the necessary majority of
electors That would mean a tussle in
the house of representatives and the pro-
longation Of uncertainty Wall street can
adjust itself to the worst kind OF actuali-
ties but II is nervous when it has to
handle uncertainties That President
Taft viii be able TO secure the regular
nomination is now regarded as practically
assured. And no one high up in Wall
Street doubts for an instant that. II re-
Iected by the convention. Roosevelt WI
set up banner Of his own New Ma
tionalsm is not expected to figure on it.
that doctrine having fallen into semi
desuetude. He will champion the cause
of Progress
II three contestants enter the fray
Champ Clark Is expected TO be Balu-
more's selection. But II President TAI,
is defeated at Chicago aud Roosevelt
chosen-there is little talk of any Re
publican dark horse then Bryan Is
mentioned az a possibility In that event
Wall Street will Immediately set TO work
on the basis of Roosevelt's election they
need not take the trouble TO hold an cleo
ton in November il will be settled the
moment Bryan is indorsed" was how one
authority expressed sentiment that Is
pretty general in financial quarters
The impression gathered lis that what
ever happens at Chicago and Baltimlre
Wall Street will paint the outlook II
cheerful coors. Big Business is sick OF
pickering. sick of hesitation. sick OF dily-
dallying. sick OF holding itself back. Ar
excuse for forging ahead with Vigor and
courage is eagerly sought And when
the powers that be feel that way when
they are sure that fundamental conditions
justify a forward movement. II takes q
lot Of political noise to scare them.
Quite often there is a prelminary- dror
in the stock market SO as TO lay a hrmer
foundation.