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.
BY g. c. FORBES.

NEW YORK. June Slow does Wal
Street" diagnose the political outlook?
That was the question for which ar
authoritative answer was sought witt
some diligence yesterday rhe informa-
ton gathered is not undressing II
comes from the most influential sources
Here it is. in tabloid form.
Three candidates are now sched
ued
A week ago only two seemed prob
able Roosevelt and Democrat
4 Roosevelt reaction has set in and
events in Ohio are having widespread
influence
The Taft managers have just con
hded important encouraging news 10
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 10 his Standard significant in
dication of coming events
what would Roosevelt victory mean
for BUSINESS" was the second question
asked Demoralization2 No, the reverse.
il was declared. This is how II was put.
Roosevelt will come forward with
policy Of reconstruction. He will
preach the Importance Of giving bust
ness a chance TO bring prosperity TO
the people. He will 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 a damper on business
His re- election would not impart any
stimulus 10 trade.
There you have the inside attitude Of
the financial world
The prospect of a three cornered fight
is not relished, for no one candidate
might gain the necessary majority Of
electors. That would mean tussle in
the house Of Representatives and the pro-
iongation of uncertainty Wall Street can
adjust itself to the worst kind of actuali-
ties but il is nervous when 1t has to
handle uncertainties That President
Taft will 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. If re-
tected by the convention, Roosevelt VII
set up banner Of his own. New Ma
tionalism' is not expected to figure on Il.
that doctrine having tallen INTO semi
desuetude. He will champion the cause
Of Progress
II three contestants enter The fray
Champ Clark is expected TO he Balti-
nore's selection. But II President Taft
Is defeated at Chicago and Roosevelt
chosen-there is little talk Of any Re
publican dark horse then Bryan IS
mentioned as z possibility. In that event
Wall Street viii Immediately set to work
on the basis of Roosevelts election they
need not take the trouble to hold an cleo
ton in November it will he settled The
moment Bryan is indorsed' was how one
authority expressed a sentiment that Is
pretty general in financial quarters
THE impression gathered is that what
ever happens at Chicago and Baltimtre
wall Street will paint the outlook ~
cheerful colors. Big Business Is sick OF
pickering, sick of hesitation, sick Of dilly-
dallying sick of holding itself back An
excuse for forging ahead with vigor and
courage is eagerly sought And wher
the powers that he feel that way, wher
they are sure that fundamental conditions
justify a forward movement, it takes 9
lot Of political noise to scare them.
Quite often there is a preliminary droI
in the stock market SO as TO lay a frmel
foundation.