The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1912-04-29
New York Financier Hands
This Jolt in Reply to Sour
rilous Attacks Made Upon
Roosevelt.
MADE LOAN BEFORE
LEFT MORGAN & CO..
Scathing Letter Sent to Cong.
Mckinley, Managing Taft
Campaign.-Tells Why He
Is for T. R.
(National News Association)

(National News Association)
CHICAGO, April 29.-The Chicago
Tribune today publishes the following
special dispatch from New York:
Resenting the action OF William B.
Mckinley, director of President Taft's
campaign for denomination, in making
public International Harvester COM
pany correspondence in what he
claims was an effort to show Col.
Roosevelt took an active interest in it's
affairs, George w. Perkins, formerly
of ]. P. Morgan and Co., sent a sting
ing reply to the Illinois congressman
in the form Of a letter.
Mr.. Perkins says while a partner of
y. P. Morgan and Co.. he loaned $751;
900 to President Taft's campaign COM
mittee, and never has been repaid.
George R. Sheldon, treasurer of the
committee, expressed his inability to
raise the amount to pay certain bills,
says Mr. Perkins, and asked for the
loan.
"All of the above activities on my
part" says Mr.. Perkins. covered a
period when was not only connected
with the Steel corporation and the In
ternational Harvester company, as |
am now, but when also was mem
Der of the firm Of j. p. Morgan and
CO., director In the National City
bank and other prominent Wall street
financial institutions. from which 1
have since retired, and If 1t ia helm
GUS crime for great political cause
to accept support from me now. it
must have been far more heinous to
accept it In this instance
Regarding President Taft's policy in
dealing with corporations, Mr.. Per
kins says that because of the farcial
results of the trust busting program
Of the Taft administration, Wall street
knows that it has nothing to fear from
Washington"
Mr.. Perkins defends his course in
supporting Col Roosevelt for the
presidential nomination and denies
that J. P. Morgan is secretly behind
him In the fight in behalf of Col.
Roosevelt.
He asks that the correspondence ex-
changed within the last twelve months
between the White House and officials
of the International Harvester COM
pany, of which Mr.. Perkins Is direc-
tor, be made public.
Replies to Mckinley at Length.
Following LIS Mr.. Perkins letter, in
part. to Mr.. Mckinley:
You and your associates have re-
lpeatedly tried to place me, as citizen,
before my fellow citizens, in the light
of being man actuated only by sor-
did, improper motives in what / say
and do. In every possible way at
fempts have been made to convince
the people that am against your can
didate and for Mr.. Roosevelt because
of my connection with the Steel cor
tporation and the Harvester company.
Cannot you see that it is impossible
for me to be opposing Mr.. Taft be-
cause of the filing of the steel suit or
! the threatened suit against the Har-
vester company? For II l were actual
cd by the base motives that you i'm
Ipugn to me, would be with you, heart,
and soul, in your efforts to renomi-
mate Mr.. Taft; for what more could a
sordid, selfish corporation man want
than to have his corporation dissolv-
ed, on paper, in such a way as to
tbeing increased profits to inside
stockholders and increased to outside
consumers, as in the case of the Stan
dard Oil and Tobacco companies?
Because of the farcial results of
the trust busting program Of the Taft
administration Wall street knows that
1t has nothing further to fear from
Washington. 1t is laughing in it's
sleeve at what has been going on. 1t
IL behind Mr.. Taft almost to a man,
and no one knows this better than
kyou, Senator Crane and Mr.. Taft's 9TH
ter prominent supporters.
Defends Roosevelt Support.
You have persistently connected
my name with the Harvester company
IN particular In giving out information
to the effect that 1 was contributing
money to the Roosevelt cause, and
have done this in such a way as to
itry to convey the impression that ii
was a very improper and wicked thing
/ to be going on-a thing most abhor.
trent to you and your associates, and
which should be so regarded by every
decent American citizen, and that the
Roosevelt committee ought to be
ASHAMED to have me or my money con.
snected with its cause
"The latest attempts in this direc.
ition have been to call attention to the
tcontribution / made to the New York
campaign prior to the recent so-called
primaries. and also the publication of
the Harvester correspondence There
Continued on Page Eight)