| Show PRESIDENT IS FEARLESS Believes In Going After All Violators of Law sr STORY ABOUT ROOSEVELT i Combinations Havo No Influence I No Matter How Great They Arc If They Transgress the Laws of tho C9uiltryRumor That James J RiB Is Organizing Railroad and Other Heavy Interests Against the Nomination of Booscvelt in 1004 Not Credited in New York r TRIBUNE SPECIAL New York May 11Here Is a fresh small story nbout Theodore Roosevelt I when the Department of Justice Departmen Juslcc began to take action so strenuously against I the Northern Securities Securites company Mr J r P Morgan and others of his coterie In Wall street and among these might be mentioned Mr Robert Bacon who was Theodore Roosevelts classmate In college and Is now one of J P Morgan Cos most valued partners rushed down to Washington In a body to see what might be done They had ThcY one or J two conference on the spot and de cided that the only thing was for Mr Morgan himself to visit the White House alone and find out If he could just were what the Presidents Intentions 1 came Mr President said Mor ganor at least he said this substan tIaIlyuo pay you my compliments and to ask what your complments JOU intenLon may 1 be mergers in regard to the various railroad 4J am surprised Mr Morgan said yc r0gan the j President that you or any of vour friends whom the country has such confidence Jaw In should wish to break any a We distinctly do not wish to break any law and do nn1 not Intend to do so Mr President Then said Theodore Roosevelt loosecl1 you have nothing whatever lo fear Ant with this the interview ended al There may have been other small talk gmal but probably itS l was not of a business nature This also has been the status quoThe I The Department of Justice Is also af I ter the beef trust Theodore Roosevelt 1 seems to be ahnolulely fearless In all those mater Ue believes that If an al body no matter how big K violating 4 the law he must be gone after exactly as i you would a horsethief In the cat 2 tle t coUntry 1 1 1 the corporations and C3t the mergers are Jill right It 1 he worth mon y and blS money to them i to have the world made aware of that fnct If 1 there Is anything wrong about them then the people vlli have been rotectod > l and the corporations too will have found oul something of value I again Thry will know better than to go so far 0 0 The report I that James J Hill Is even I now in Washington organizing the railroad rail-road and oilier heavy interests of the country against the nomination of Theodore Roosevelt in HID Is not cred ited at all here Wall street considers James J Hill 11 altogether too shrewd a I man for that for It Is well known that t I If the country generally should l1t ount Scnela1 under r I htainl that the railroad magnates were I against Roosevelt for nomination It would be the strongest possible card In 108lh0 tirl 11 hla favor I Is much more likely that Mr Hill Is the situation Hi looking sl1tlon over i generally and especially is trying to I find out what chance the subsidy bill j may have Senator Mitchell of Oregon whom J r saw at the Fifth Avenue loday declares thai the cCucs subsidy bill has no show at this session II ICSSIOI and that seems to bo the general Impression i As for James 7 HIM he Is I rtlll re dpi garded here our greatest practical I rail E roal man He knows about the I road A l > pd and the locomotive as well as the II stock in the holding company He 3 comes and goes quietly never makcu any fuss talks volubly to you if you know him and will let him speaking much and raying little 1 and when he lo once down town doC a great number of big deals almost ni oasllv as 7 1 Pier pont Morgan himself Ills almost in separable attendant whenever he comes I COlle 1 to Now York Is I Daniel S Jamont llrst Ilst y viriprcfridont of the Northern Pacific 1 Lament is very rich and he keeps making money Ho ntsinds in with the right people Ho J 1 Ij 1 usually to be I found at the Northern PaMflt offices OfCCH nl Ii Vall sivet though when James I 1 Hill I Is about to arrive i the Colonel is I vry l hkoly to meel him at t the I station rid < to his holel apartmcntn or to his office at 27 Pine strint with him and to bo vory closely in touch with him IU ing tho whole n his stay Of course 1011S Col 1 Lamont besides having developed into a remarkably successful railroad 1 finan ior himself has still his same old practical knowlndgo of politics and It I I J Il probably more than anyone else I In the big l I hoc I combination here to whom the mngnatci from Morgan and Hill down look for results when there IK really danger that ral danicI something will drop In Washington ali they must stop It from dropping mUMI iop I Another warm proposition financial 1 l ly lii least lhouJh propolton II New York and a good many outside of New York 4 dont quite realize the fact Is Mr Darlurs Ogden Mlllr Mr Ocen lh Mills as everybody know made his first large mono on the Pacific coast hut here he Is 1 In Now York Yfrl < now Into nearly every thing I that pays brilliantly Even at the Morgan dlnnor I to the captains of Industry given In honor of Prince 3Ionry D O Mills figured as one of thorn because of his position as head of the NJ Biiva Falls Water Power company in I truth I he Is In that very heavijyvnnd he deserves the credit PCI Imp 4re than any othor one man of havlngriiade that greatest of all wate power developments t He I makes money out of the Mills hotels whore respect ahlo moil run gel a good room for LO cents I night A llltk story about D O Mills Sometime ago a promoter of this business I busi-ness by which prairie gross hitherto a waste material IB made Into carpel Ing chairs etc went to D 0 Mills to Intorosl him still further In their project for Mr Mills was in It already to a small extent Tin plan was to consolidate several factorlfH in the Northwest develop the business 1 further fur-ther and in short add to the bankrolls d bank-rolls of all concerned Mr Mills looked tbo proposition over asked two or three questions and said 1 Well horo Ix what I think of that And he wrote on 2 ship of paper with I n Mlubby lohd I pencil D I 0 MIllii 1 5100000 Alf no he went in and this consolidated consoli-dated company has done a big huslncns r and mad a lot of money ever since In tact I understand It cant begin to keep up with Jts orders They say that l D 0 Mills Is often that way You can get him for really good things It you take him right and do It quick I 4 It Interested me considerably to know that the other day whun Henry O Hiivc meyer head oc Ihc sugar trust was testifying 01 was pretending to testify befoic the Senate Investigating committee com-mittee ll i WJW announced that John E Seurlcs lately the treasurer of the American Sugar Refining company was legally freed of debt again as tho result of his bankruptcy proceedings Scones knows something about these Investigations Investiga-tions himself for it wasnt C so many years ajo that I he and Elvorton 1C I Chapman were the chief witnesses before be-fore another Senate Investigating committee com-mittee and for contempt or alleged contempt thapman spent al least a month In I the JaI I i of Ihe District o Columbia Co-lumbia and Scones very narrowly escaped es-caped the same fate The big men rarely rare-ly gel along woll with Henry O Have meyer Probably he knous the sugar refining business and doesnt need any bodys advice but big men like F O I Matihlessen for years chairman of his manufacturing committee and John r Scarlcs for years treasurer of the company com-pany were pretty good sized to throw overboard As for Searles even now his brain It teems I with countless scheme not for TItlpu hut for this that and the other proposition out of I made which a million more or less Is to be It was Sea ricH who put up the cylindrical cyl-indrical colon bale proposition for Jones of Arkansas Jones was for years on the Finance committee of the Senate all knew all about the sugar trust and thc tariff schedules that It laid before the t Senate for passage through the Finance committee and about Searles himself personally Nothing more natural nat-ural therefore when Joness poor Inventor In-ventor from Arkansas came along with the cylindrical bale than that James K should think of John F as the proper promoter They organixed a big thing and I I Is I great thing today In spite of the Hurry il went through as the result re-sult of Scarless failure Searles Is getting get-ting a little old but he bounces around town as eon rag jously as ever ami 11 wouldnt surprise some of is If he made another fortune yet Mark Twain has bought a 10000 cs ate t up the Hudson from which It may be Inferred that he Is on his feet again Wonderful that he should be so wonderful In the first place that he should havo I wished to pay hundreds of thousands of dollars I worth of debts for his l publishing concern and equally wonderful thai he could have earned so much i In such a short time 3 believe though that his lectures have been worth 1IOO a night and probably he doesnt touch n magazine article for Iesj3 J than that sum There arc those who think that his humor Isnt funny at alJ u allcl Qf course rnany remember his fantastic political nnjics in the last national na-tional campaign But everybody loves Mr Clommcns and If you bad been with him and Hon Tom Reed ex Sptaker on Henry I H Rogerss steam yacht in Southern atcrs for two or three wceJcs recently as I was not you would have believed that everybody In the party 1 was all right nIl the time Tom Reed as well as Mark Twain Is I f elOoyiirg himselfgreatly in New York He l Is counsel for great corporations has h large fpr > s organizes trusts which he l describes as small bodies of very rich men entirely sunounded by water and pity In several boards of directors He I rolls along the street In the same elephantine fashion Rogers one of the big five of the Standard Oil admires Hoed and Clemmcns or he wouldnt take them out for cruises on his yacht i I John G Carlisle another exSpeaker IB i here looking rather old and broken now though never out of It for his lawyers l ability Is as fine as over and he is i retained for all the time that he has In I big cases not so much as a fighting advocate but rather as a wise and safe counselor He lives here In Washing ton t square somewhat happy In the admiration ad-miration of his friends but broken inspirit In-spirit a good deal by l the death of his son Logan who used to be his chief cleric when he was Secretary of the Treasury RAVENEL |
