The Anderson daily intelligencer. [volume] (Anderson, S.C.) 1914-1915, 1914-07-03
First of Series of Meet
ings of PRESIDENT and
Magnates.
CORDIAL TALK
SAID FLNANClER
New York Man Spent Lonely Two
Hours After His Private Con.
fab in White House
tBy Associated Press. J

Washington. lnlv For nearly an
hoMr today President Wilson discuss
ed business conditions with J. r. Nor
gan at the first OF series OF con-
f"rcnces which will bring to the White
House men foremost In American in
dustry and finance. 1t was one of the
very few occasions during the 16
months of his administration that the
President has received one OF the rec
ognized leaders of "big business"
Officials said that while the ad-.
ministration': greatest Legislative pro-
jects were under way-tle tariff act,
the currency bill and while the trust
program was being perfected-the
president felt there should be no op-
portunity for a charge that they were
receiving inspiration from business or
financial centers.
Now that two OF the administration
reforms have been completed and
third is In final stage the president
liz said to feel that an exchange of
thought and information with captains
OF industry will be conductive to the
business. revival he expects to see
along lines which the administration
holds to be legal.
Nox. Henry .Fera ] M Nsss;s !. ]. q i, s. B;
ANSNt fWech Hf1eurys tJoT1I, 't'-NssDetf0tt 7
manufacturer, will confer with the
president and after that delegation
from the Chicago association OF COM
nlaree, including Representatives of six
corporations with nationwide interest
Will come for conference.
Out Of these exchanges, tine presi-
dent expects business men to learn.
that lawful enterprise has nothing to
fear from the Democratic administers
tfon: that the trust program having
reached point where lie foresees ...s
successful completion. business shall
have the rest many OF its leaders have
been asking; and that under the "con-
stitution OF freedom" as the presi-.
dent has christened the trust legisla-
lation. commerce and finance respect-
ing the laws will not be harassed by
the federal government. M
Whether Mr. Morgan came at Ills
own request or at the invitation of the
president was not established. That
point often is loft In doubt as to i'm .
portant White House conferences. Of
fictais said Mr.. Morgan asked for the
engagement. Another version was
that mutual friends arranged for Mr. Z
Morgan to talk things over" The
two men have been acquainted for
sometime and Mr.. Morgan. knew the
president at Princeton ana the person. :
al element in the call was a large
one.
Talk was Cordial.
There was however, an agreement
| that the president should not make
any announcement concerning the
conference. He told inquiries that the
| talk had been a cordial one, largely
! reminiscent. and that Mr. Morgan ex-
.. pressed no opinion as to whether bus
mess was good or bad. The presi-
dent added that the attitude OF bus,-
| ness men seemed to be growing In
favor OF the administration trust pro-
gram. Whether the conference had
contributed to that conviction was not
disclosed @
White House officials declared the
nresident had no thought OF altering
his legislative program TiiTougnoIs
| the campaign as President Wilson
styled 1t. for a halt in the trust bills.
| which he declared was the cause Of q
psychological depression reports came
| to the White House from the business
world that 1t was believed the presi-
! dent did not wish to discuss his pol.
icies with the men vitality interested In
them. White House officials say that
IMPRESSION was ,WEclIy inaccurate, ana
that the presidents only reason for
not consulting business leaders was
that while at work upon q definite
program he did not wish to make ID
appear that 1t had been influenced1
Refused Earlier Audiences.
| While the currency bill was in pasS
sage he declined to receive some mem.
bers, OF Mr.. MorgGn's firm. It waa
recalled that aside from James Speyer,
the banker. the president had discuss.
ed public policies with no other big
men of the business world Mr.
Speyer caYue to give the president
some Information on Latin Americans
finances. Andrew Carnegie and JAM
es J. Hill have been received at tiis
White House. hut their Visits havo,
been purely personal and OF verz
| short duration. q
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