Highland recorder. (Monterey, Highland County, Va.) 1877-1972, 1914-07-10
PRESIDENT AND
MORGAN Golfer
FindncieT Gives Views OF BJsi-
ness to ProSId jnt
OTHERS ARE TO GO LATER
Henry Ford win Be the Next to Give
Mr.. Wilson r,is Views on Condition
of Trade.

j. P. Morgan and President wilson
had nearly an hours conference at
the White House in Washington on
Thursday on general business condi-
tions. ..-.......... ...--
II was the first Of series Of talks
the president plans to have In the
near future with the captains OF In
dustry and finance, to learn their
views and give his own on the indus
trial and financial situation OF the
country as well as measures in con-
gresS.
White House officials said the con-
ference between the president and Mr..
Morgan had been just friendly dis
cussion of the general subject. Mr..
Morgan refused to discuss what had
taken place. There is absolutely
nothing l can say" said he.
Under a running fire of questions
as he passed through the door OF the
executive offices, Mr.. Morgan only
shook his head and smiled.
AS he stepped into his carriage he
said: "My visit with the president
was very cordial. You will have to
ask him what we talked about
President Wilson told inquirers
that in his talk with Mr.. Morgan
business conditions generally had
been discussed and that Mr.. Morgan
had expressed no opinion Of whether
business was good or bad. He added
that he had known Mr.. Morgan
long time and that their talk was
largely reminiscent.
Speaking of business conditions
geenrally the president said that the
attitude of business men seemed 10
be growing in favor OF the adminlstra-
tons trust program. In all Of his cor
respondencs with business men, ne
added, he had heard of no specific OBJ
iections to the antitrust program.
The president compared the opposl
ton to the antitrust bills to the oppo
sition which preceded the passage o.
the currency bill. He said he conjec
tured that probably the objections
both bills resulted from the failure
The oDponents of the measures to re2
The bills.
1t was said at the White House that
Mr.. Morgan had asked for the engage
ment and it was explained that the
two men are personal friends. An
of
Mr.. Morgan had been invited througH
friends to give his views to the pre@l
lent. Next week the president w.
have an informal conference witt
Henry Ford, the Detroit manufacturer
who will be entertained at luncheon al
the White House. 1t was said that the
president had invited Mr.. Ford.
White House officials said that one
Of the features which had entered into
DUblic discussion Of the adminlstra
lions trust legislation policy and what
the president had characterized as n
"psycholo.ical depression" caused by
! campaign to halt the trust bills In
congress- was an inference that Mr..
Wilson did not care to meet the big
business men OF the country face to
face, and discuss with them personally
sizes in which they are sa vitally In.
rc.ted.
Ev q series OF informal conferences
with leaders of industry and finance
of which those with Mr.. Morgan and
Mr.. Ford will be the first, it is the
idea to show that the president IS ap-
proaching the subject with an open
mind, willing to hear the views Of big
business first hand and outline his
own in return.