The Vinita daily chieftain. [volume] (Vinita, Indian Territory [Okla.]) 1902-1913, 1912-10-16
How IT Was All Done.

lar
How IT Was All Done.
To grasp these pregnant facts we
have only to recall little modern his
tory. In 1904 Mr.. Roosevelt had his
bureau al corporations in working or
der. Mr.. Cortelyou, lately In control
of it as secretary OF commerce and la
Dor, had been made chairman OF the
national Republican committee He
and Cornelius N. Bliss. treasurer, were
collecting money. AS George r. Shell
don, Mr.. Bliss successor, says. 1874
per cent. OF the funds received came
from the menaced corporations,
II we do not find in these disclosures
q sufficient explanation OF J. P. Morgan
G. Co.'S especial interest In Mr.
Rooseyelt's election, 1t is possible that
later events may reveal It.
Mr.. Roosevelt never prosecuted ]. r.
Morgan & Co.'s steel trust He EN-.
phatically stopped the proceedings in
stituted by others against J. P. Morgan
&C. Co.'S harvester trust. When ths
panic of 1907 was at Its height he turn.
ed the resources of the treasury over
to J. p. Morgan & Co. who used them
and made money and reputation by the
process. He met Gary and Frick, rep
resenting J. P. Morgan 4 Co.'S steel
trust, before breakfast one morning
and licensed them. in violation of law,
TO absorb the Tennessee Coal and Iron
company, thus giving J, P. Morgan &
Co.'S steel trust monopoly Of high
grade iron ore. He put Mr.. Bacon. u
partner OF ]. P. Morgan d Co, into the
state department and the diplomatic
service He made Herbert Satteriee.
J. P. Morgan's son-in-law, assistant
secretary of the navy. In letter to
Attorney General Bonaparts he testi-
ned fseIingly 10 the virtues OF the
Morgan interests which have been 80
friendly to US" Never before was the
public welfare" so cheaply protected.
Extent Of Msrnan's Interests.
The Morgan interests" are not con.
nnsd to ]. r Morgan q Go. by any
means. The Morgan interests compre-
hend life insurance companies, banks
and truat companies. railroads and
manufacturing enterprises II the par
ent house increased its regular Repub-
lican contribution in 1904 because OF
Its especial interest we may easily
imagine that the policy was widely
Initiated by affliated corporations and
individuals. Perhaps in this almost un-
exampled favor by the Morgan inter
ests we shall find sn explanation OF
the Roosevelt administration hostility
to the Standard OIL interests which
have not always agreed with J r.
Morgan q Co concerning "the welfare
OF the public"
It may be that the senate committee
will be able to throw more light on
this point. but it can hardly add any
thing to khe scandal of the Morgan
Roosevelt alliance. It was Mr. Roose-
Welt who opened UP to J. P Morgan
q Co. the possibilities OF government
by big business It was Mr. Roosevelt
who persuaded J. p Morgan q Co. to
plunge deeply into politics. It was Mr..
Roosevelt who. consulting the public
welfare, registered the DEGREES Of j.
P. Morgan & Co. In the White House.
Not until Mr.. Roosevelt had lost con-
- \ - =
the law providing for publicity OF cam
paign contributions had gone into eff
feet did ]. P. Morgan q Co. disappear
from the list Of regular contributors to
the colossal corruption funds OF the
Republican party. Are J. P Morgan
O Co. now operating politically under
cover of their recent partner. George
W. Perkins f--Nsw Tork wceas-