The copper era and Morenci leader., 1912-11-01
How 1t Was All Done.

To grasp these pregnant facts we have only to recall little modern his- tory. In 1904 MT. Roosevelt had his bureau of corporations in working or der. MT. Cortelyou, lately in control of 1t as secretary of commerce and la bor, had been made chairman of the national Republican committee. He and Cornelius N. Bliss, treasurer, were collecting money. AS George R. Shell don, MT. Bliss successor, says, 7SM per cent. of the funds received came from the menaced corporations
 If we do not find in these disclosul
 sufficient explanation of J. P. Mord
 & Co.'S especial interest" in MT. Roosevelt,s election, 1t Is possible that later events may reveal 1t.
 ,TMr. Roosevelt never prosecuted J. F. Morgan &1sCo.'s steel trust. He em- phatfca1ly stopped the proceedings in- stituted by others against J. P. Morgan & Co.'S harvester, trust. When the panic of 1907 was at it's height he turn ed the resources of the treasury over to J. EP.. Morgan i& Co, who used them and made money and reputation by the process. He met Gary and Fricks rep resenting. J. F. Morgan & 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 a monopoly of high grade iron ore. He put MT. Bacon, a partner of J. P. Morgan & Co, into the state department and the diplomatic service. He made Herbert Satterlee, J. P. Morgans son-in-law, assistant secretary of the navy. In a letter to Attorney General Bonaparte he testi- fled feelingly to the virtues of the Morgan interests which have been so friendly to us." Never before was the public welfare" so cheaply protected
 Extent of Morsan's Interests.
 The Morgan interests" are not con- fined to J. P. Morgan 6 Go. by ARy means. The Morgan interests compTe- hend life insurance companies, banks and trust companies, railroads and manufacturing enterprises. If the par ent house increased its regular Repub- lioan contribution in 1904 because of its especial interest" we may easily imagine that the policy was widely initiated by affiliated corporations and individuals. Perhaps in this almost un- exampled favor by the Morgan inter ests we shall find an explanation of the Roosevelt administration hostility to the Standard Oil interests, which have not always agreed with J. P. Morganf& Go. concerning "the elfare of the public"
 It may be that the senate committee will be able to throw more light on this point, but 1t can hardly add any thing to the scandal of the Morgan Roosevelt alliance. It was MT. Roose- welt who opened up to J. P. Morgan 6 Go. the possibilities of government by big business. It was MT. Roosevelt who persuaded J. P. Morgan & Go. to plunge deeply into politics. It was MT. Roosevelt who consulting "the public welfare" registered the decrees of J. P. Morgan 6, Go. in the White House.
 Not until MT. Roosevelt had lost con trol of the Republican machinery and the law providing for publicity of cam paign contributions had gone into ef- feet did J. P. Morgan & Go. disappear from the list of regular contributors to the colossal corruption funds of the party. Are J. P. Morgan & Co., now operating politically under cover of their recent partner, George W. Perkins ?-New York World.