The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1914-07-02
The President and the F1nan'
cier Hold q Conference.
Talk for an Hour ON the busl'
ness Situation.
HENRY FORD TO COME Next
Wilson Plans Number OF COn'
: ferences With Men
tho Are Recognized In Com.
mercial World.

mGfCl81 VVAA
Washington. July 2.-J. p. Morgan
~ president Wilson had nearly an
ours conference today at the Whlte
Iouso on General business conditlons.
was the first of q series OF talks tne
president plans to nave IN lne 80
future with captains OF INDUSTRY dnu
finance, learning tneir vle~s spHmstriai rial and
financial situation of the county, a.
well as measures in congress. niso
House officials said the conIerence uo
tween the president and ,,1sion Mr.. MorsaH 1T
had been just Irlenoiy
the general subject ,,+
Mr.. Morgan refused to disclose "n01
had taken place. non
There is absolutely nothing l can can
say," he said. Under a runnnS the
of questions as he passed thrOuen .no
door of the executive offices Mr.: MOT
gan only shook his head and smlleo'
A. he stepped into his carriage ne
said: my visit with the i,, pheS,eene have to
ask him what we talked about:
Mr. Morgan returned to ms notei
,pd after talking with his OmceS IN
New York said he expected TO leavo
the capital at four O'Clock TINS 49,
noon. He reiterated that ne hao hao
an understanding at the White House
that President Wilson should make
anv announcement Of their confer
ence. ..S+h.
"Mr. Morgan" he was asked, has the
president sent for you and other- Dusi-
ness men of the country or are the
business men OF the ,,+, ohit1c h,ro -. '''
"Don't you think we ought to!'
was his only reply.
Mr.. Morgan said he had no other
engagements in Washington.
II was said, at the White House. that
Mr.. Morgan had asked for the ehsaEe-
won't and it was explained that the
two men are personal friends. Another
version of the meeting was tnat Nj.
Morgan had been invited through
friends to give his views to the fresi-
dent.
informal conference with Henry Fora'
the Detroit manufacturer, who VIII nc
tu.ertaired at luncheon at the WMte
House 1t was said the President nao
invited Mr.. Ford. Officials close to the
President, said Mr.. wilson woulo taxs M
such an opportunity to outline ms
views to the heads of big business IN
person.
Comes as u Surprise.
Mr.. Morgans engagement was more
or less of a surprise to those who nave
observed the course the President mas
taken since he entered the White House
in having conferences with captains OF
industry 1t had been pointed out that
Mr. Wilson was receiving the big busi-
ness men Of the country less frequently
than his predecessor. In fact, had not
been asking their advice at all on legis-
lation affecting business as many other
presidents have done. When the cur
rency bill was in passage through con-
gress the President declined to receive
some members of the Morgan firm.
White House officials said today one
xUh
public discussion of the administrator 8
trust legislation policy and what the
President had characterized as a psy-
Geological depression" cause by CAM
paign 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 the issues in
which they are SO vitality interested.
To Talk Business.
BY a series of informal conferences
with leaders of industry, OF whom Mr..
Morgan and Mr.. Ford will be the first,
it is the idea to show that the Presi-
dent is approaching the subject with an
open mind, willing to hear the views :
big business first hand and outline his
own views in return. Although there
are other subjects interesting Mr.. Nor
gan, at present, in which the govern
ment has a part, today's talk was to be
a personal one on business.
The interstate commerce COmm1S-
sion report of its investigation of fl
nancial affairs of the New Haven is
nearly ready for submission to the SEN
ate. and the time is drawing near to
July Is, the date which President Will
son and Attorney General McReynolds
have agreed upon filing the antitrust
suit for the dissolution of the New
Haven merger. unless the Massachu-
setts legislature takes certain actor
which is necessary to a dissolution, and
which has been recommended by At
torney General and Chairman Elliott
of the New Haven board. Whether
those subjects were to enter into to-
days conference was not known.
Another important conference will
be held by the preside at next Wednes
day with delegation of business mel
representing the Chicago association
of Commerce. In the delegation will
be representatives of six of the larges
business corporations in Chicago
having interests all over the country
The conference, requested by the Chi
cago men primarily to discuss anti
trust legislation, was readily granted
REST CURE FOR T.R.