The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1924-03-18

yOuI AdNOH u Tic GOIils ~ gives me
pleasure to hand you herewith GER
tificate of deposit $4,000, in accord
ance with our understanding. Your
letter states the conditions correctly
and / trust the transaction will be
successfully consummated.
Very truly yours, John D. Archbold.
1903-Republic Of Panama is
broken up, President Roosevelt Civ
ing his assistance to a revolt, which
resulted in the Canal Zone being in
corporated a new republic of Co.
lumbia."
Begging For Oily Dough.
1908, Sept. 16-Senator Marcus A.
Hanna to John d. Archbold:
My dear John: I know you will
do the fair thing and / want the
State Rep. Committee to get liberal
subscription from you this time. I.
Sincerely yours, M. A.. Hanna.
1904, June 1o-Philander c. Knox,
servant of Standard Oil, in Pennsyl-
vania, was placed in the United
States Senate.
Oct. 13-John D. Archbold to Sem
stor Boise Penrose:
(Personal)
My dear Senator: In fulfillment
of our understanding, it gives me
great pleasure to hand you herewith
certificate of deposit to your favor
for $4,000, and with good wishes, 1
am, Yours truly, Jno. d. Archbold.
Roosevelt Antitrust" Candidate.
1914. P. Morgan & Co. gave
Theodore Roosevelt $150,000 in the
form of campaign fund; the Stand
ard Oil Co. gave 1925, 900; Henry c.
Prick gave 100000 of Steel Trust
earnings; George J. Gould gave
100000; the Vanderbilts gave (thru'
Senator Chauncey M. Depew) $780,
900; E. H. Hartman gave 100000,
and George w. Perkins gave $780,
900. Mr.. Roosevelt was the t'anti-
Trust" candidate. The further list of
giant corporations, ranging from the
Harvester Trust to numerous sub
salaries of the Steel Trust and the
Morgan banking house, to hundreds
of nondescript millionaires, is too
long to print; but the total is well
up to $11,000,000, according to the
New York Times. (The Wall Street
Journal claimed in 1920, that Roose-
velt's fund in 1904 was only three
and a half million dollars). Parler,
the democratic candidate, was given
only $1,250,000 to spend in the cam
paign.
June 1, 19O7-State Of Texas won
antitrust case against Waters-Pierce
Oil Co., a fine of $1,623,900 being
imposed.
ls07-Joseph w. Bailey was re-
elected to the United States senate.
19OS-William r. Hearst publish
ed the first of a series of letters and
checks from the files of the Standard
Oil Co., which showed that Senator
Bailey of Texas, Senator Foraker of
Ohio, and Senator Penrose of Penn
sylvania, were acting as the hired
employees of Standard Oil Co. in the
United States senate. Some of the
letters were held back until 1912.
Taft's Election Came Cheap.
The use of the political machine
Nof President Roosevelt made Taft's
election a cheap affair in 1908. J.
P. Morgan and his associates only
had to spend $1,7O0,000 to make Taft
president; Bryan having only $780,
900 to run with.
Warren G.. Harding, active in re-
election of Foraker to u. S. senate.
1903, Observation-Disclosures Pierce
Oil Co. properties in Texas pass title
to S. w. Fordyce "a close political
associate of Senator James Reed of
Missouri), and later the name of
the company appears as the Pierce
Fordyce Oil Association.
191O-Began a great revolution in
the oil industry thru the perfecting
of the internal combustion engine.
The development of automobiles, and
later aeroplanes, brought the wide use
of gasoline and thus made petroleum
commodity of highest Importance.
O-Revolutionary disturbances
in Mexico cause a decline in value
of mining properties owned by AL
bert B. Fall, w. C. Greene and Ed
ward L. Doheny, as we'll as the hold
ings of other capitalists.
1911-Porfirio Diaz, dictator Of
Mexico, overthrown in revolution led
by Francisco Madero, which is the
beginning of long series of revolu-
tionary disturbances in which Ameri-
can oil companies take bigger and
bigger part.
How Wilson Got "The Job"
1912-The group that had financ-
ed the election Of Roosevelt in 1904
and that of Taft in 1908, had vio-
lent quarrel among themselves in
1912. J. P. Morgan supported Taft,
with his money; while George w.
Perkins broke with his partner
Morgan and poured hundreds of
thousands of dollars into an effort to
elect Roosevelt. This division in the
Morgan bank, accompanied by split
in the Republican party, gave other
fnanciers chance to throw Woodrow
Wilson into the white house with a
fund of $S50,000. $50 far as pub
lie records show" the heads Of tht
Phelps-Dodge "copper" mining) Com
pany, the Harvester Trust and the
Zinc Trust, together with several
progressive" millionaires, gave the
funds that made Wilson president in
1912.
March 27--Albert B. Fall becomes
| 0t.t-. .nnotn.s fwr... Mo-.