Bridgeton pioneer., 1912-10-24
THE CAT OUT
OF The BAG.
Why So Much Money Has Been
Supplied to Wilson,

The Men Hurt by Taft's Enforcement
of the Sherman Act Are All Against
Him-Wilson, Having Proved His
Willingness to Be AmenabIe, Has the
Backing of Law Breaking Corpora
tlon Directors.
One result of the investigation into
campaign funds is to confirm the sto-
ries that have been in private circula-
ton respecting the source of the oppo-
sition to President Tafts reelection.
Something over year ago, as these
rumors run, there was a meeting in
Wall street bank Of a number Of capi-
talists and labor leaders who had been
indicted, suffered loss of income or
were expecting to be prosecuted by the
administration for violations Of the
federal statutes. Among the attend
ants. 1t is said. were Mr.. Perkins, Mr..
Ryan, Mr.. Schiff, Mr. Gompers, Mr..
Mitchell and representatives of several
large groups Of flnanciers. 1t was de-
cided to defeat Mr.. Taft at all costs
A tentative program was adopted to
have the Republicans nominate Colonel
Roosevelt and the Democrats Governor
Harmon. Mr.. Jacob Schiff undertook
the financing of Colonel Roosevelt's
campaign and Mr.. Ryan that of Gov
ernor Harmon. Their activities were
to be governed by developments, but,
regardless of consequences, Mr.. Taft
was to be defeated.
Now 1t is shown that Mr.. Schiff with
the harvester trust did finance Colonel
Roosevelt and Mr.. Ryan Governor Har
mon. Both candidates were defeated
Anchors had been cast to windward,
however. Mr.. Ryan likewise financed
Mr.. Underwood's campaign and the
First National bank crowd, with the
harvester trust, through Mr.. Cleve
land Dodge, financed Governor Wilson.
The First National bank people dn-
Guiding Mr.. Dodge control the Jersey
Central, Lehigh Valley and Reading
railroads, whose counsel, Mr.. Robert
w. De Forest, persuaded Governor
wilson to veto the grade crossing bill
passed at the last session of the legis-
lature. This was probably the test of
his loyalty to their interest required
by the hackers. Anyway there was no
limit after that to the money required
for his campaign that they were will.
ing to supply. Governor Wilson's once
loudly proclaimed hostility to corpora
t1ons has disappeared. In his speech
OF acceptance, written on Mr.. Dodge's
yacht, the governor even went so far
as to declare the Sherman act a failure
and to hint that other means should be
adopted to control monopoly. Should
new statute be enacted 1t would take
another score of years to test it out
through the courts, which is what the
corporation criminals desire
When the tentative program of the
conspirators broke down they still con-
tinued their purpose to retire Mr.. Taft
to private life and to put some amen
able man in his place. Colonel Roose-
velt was kept in the field to disrupt the
Republican forces, and Governor Will
son has been furnished lavishly with
money for his campaign Mr.. Com
pers and Mr.. Schiff have openly de-
clared themselves for the latter's cleo
tion, and why not? The master poll
ticians," as the Wall street crowd style
themselves, are persuaded that Wilson
is all right He vetoed the grade cross
ing bill, denounced the Sherman act
and cut the ratable value Of the Nc
Adoo franchise Capitalized at $50 OOeO,-
OOO) to $1,000. A tool masked with re-
spectability is so much more useful
than an ordinary politician who is will.
ing to be equally subservient.