Online Book Reader

Home Category

Theodore Rex - Edmund Morris [414]

By Root 3181 0
J. Hill suggested that indigestible securities might be a better phrase. Alexander D. Noyes, Forty Years of American Finance (New York, 1909), 309.

57 Roosevelt referred TR, Letters, vol. 3, 526; Leslie M. Shaw to TR, 24 July 1903 (TRP); Lucius Littauer to TR, 27 July 1903 (TRP). For a reassessment of Shaw’s “imaginative, pragmatic, and courageous” record under TR, see Richard H. Timberlake, Jr., “Mr. Shaw and His Critics: Monetary Policy in the Golden Age Reviewed,” Quarterly Journal of Economics 77.1 (1963).

58 “Uncle Joe wants” TR, Letters, vol. 3, 524.

59 When the Speaker The Washington Post, 23 July 1903; New York Sun, 30 Aug. 1903.

60 CANNON’S RUMPLED APPEARANCE The profile of Joseph Cannon is based on Review of Reviews, Dec. 1903; Bolles, Tyrant from Illinois, 6–7, 46; Thompson, Party Leaders, 174–79; Watson, As I Knew Them, 92–93; and Kate Carew interview in New York World, 1 May 1904; TR warned Alice Roosevelt never to stand between Cannon and a cuspidor. Bolles, Tyrant from Illinois, 5.

61 “a hard, narrow” TR qu. in Moore, Roosevelt and the Old Guard, 219.

62 “I could not” Lucius Littauer to TR, 27 July 1903 (TRP).

63 No sooner had Noyes, Forty Years, 309; Literary Digest, 8 Aug. 1903. In retrospect, the slump of 1903 was seen as a reaction to excessive stock purchases in 1901–1902. Clews, Fifty Years, 771–73.

64 Like ripples round Faulkner, Decline of Laissez-Faire, 163; Leslie Shaw to TR, 24 July 1903, and James S. Clarkson to TR, 29 July 1903 (TRP). The panic moderated in Aug. TR picked the important support of The Wall Street Journal, which praised his “courageous advocacy of the publicity principle” in trust control, and said that if he had gotten his legislative way earlier, “the gross over-capitalization of companies” would have been restrained to the overall benefit of the economy (The Wall Street Journal, 12 Aug. 1903). Financial quarters remained uneasy through the beginning of November. Not until Aug. 1904 did the economy begin to expand again.

65 So while stockbrokers The Wall Street Journal, 12 Aug. 1903; New York World, 26 July 1903.

66 A THOUSAND MILES SOUTH Gatewood, “Republican President”; The Washington Post, 10 Aug. 1903.

67 “My dear Governor” The New York Times, 10 Aug. 1903; TR, Letters, vol. 3, 540–41.

68 In a minority TR, Letters, vol. 3, 541. This document was the first antilynching statement ever issued by an American President. Schlesinger and Israel, History of American Presidential Elections, vol. 2, 2013.

69 “There are certain” TR, Letters, vol. 3, 542.

70 Rollo Odgen Rollo Ogden to TR, 10 Aug. 1903 (TRP); Gatewood, “Republican President.” Both Harper’s Weekly and The Atlanta Constitution blamed TR for Vardaman’s triumph, and the President unhappily admitted that “his foul-mouthed abuse of me” had drawn votes (TR, Letters, vol. 4, 1069). But Gatewood notes that the quiet restructuring and strengthening of the Mississippi GOP went on regardless under Governor Vardaman.

71 Roosevelt concluded Scheiner, “President Roosevelt and the Negro”; Vardaman editorial in Greenwood, Miss., Commonwealth, 10 Jan. 1903, copy in TRP. The country’s largest organized black body, the National Negro Baptist Convention, commended TR for his “fearless stand” for justice at a time of high social danger. Ziglar, “Decline of Lynching.”

72 BY NOW, THE State Foreign Relations 1903, 179, 158, 172–73.

73 He had sent The official explanation was that Marroquín’s cable contractor was boycotting transmissions in a franchise dispute. If so, the boycott was well-timed to make Beaupré helpless, just when he was needed to lobby for the treaty. Lilian Andrews to Tomás Herrán, 21 July 1903 (TH); The New York Times, 7 Sept. 1903; Marks, Velvet on Iron, 101–2.

74 Now there arrived F. F. Whittekin to John T. Morgan, 20 July 1903, forwarded to TR (JTM).

75 “I am totally” TR, Letters, vol. 3, 565.

76 “How can the” New York Herald, 15 Aug. 1903.

77 Whatever “action” DuVal, Cadiz to Cathay, 264.

78 That weekend The New York Times, 18 Aug. 1903.

79 Roosevelt came down New York Tribune and New York Sun, 18 Aug.

Return Main Page Previous Page Next Page

®Online Book Reader