Contemporary American History, 1877-1913Beard, Charles A. (Charles Austin)
History
Contemporary American History, 1877-1913
Beard, Charles A. (Charles Austin)
United States -- History -- 1865-1921
The Democratic candidate and his friends took open pleasure in the
discomfiture produced in Republican ranks by these unpleasant
revelations, but no little bitterness was added to their cup of joy by
the other side of the story. During the life insurance investigation
one of the life insurance officers declared: "My life was made weary by
the Democratic candidates chasing for money in that campaign. Some of
the very men who to-day are being interviewed in the papers as
denouncing the men who contribute to campaigns,--their shadows were
crossing my path every step I took." Later, before the Clapp committee
in 1912, Mr. August Belmont and Mr. T. F. Ryan, corporation magnates
with wide-reaching financial interests,--the latter particularly famous
for his Tobacco Trust affiliations,--testified that they had
underwritten Mr. Parker's campaign to the amount of several hundred
thousand dollars. Independent newspapers remarked that it seemed to be
another case of the kettle and the pot.
That the conservative interests looked to the Republican party, if not
to Mr. Roosevelt, for the preservation of good order in politics and the
prevention of radical legislation, is shown by the campaign
contributions on the part of those who had earlier financed Mr. Hanna.
In 1907 a letter from the railroad magnate, Mr. E. H. Harriman, was made
public, in which the writer declared that Mr. Roosevelt had invited him
to Washington in the autumn of 1904, just before the election, that at
the President's request he had raised $250,000 to help carry New York
state, and that he had paid the money over to the Republican treasurer,
Mr. Bliss. Mr. Roosevelt indignantly denied that he had requested Mr.
Harriman to raise a dollar for "the Presidential campaign of 1904." It
will be noted that Mr. Roosevelt here made a distinction between the
state and national campaign. This distinction he again drew during the
United States Senate investigation in 1912, when it became apparent that
the Standard Oil Trust had made a large contribution to the Republican
politicians in 1904. From his testimony, it would appear that Mr.
Roosevelt was unaware of the economic forces which carried him to
victory in 1904. Indeed, from the election returns, he was justified in
regarding his victory as a foregone conclusion, even if the financiers
of the party had not taken such extensive precautions.
Public-domain text, read in full here on John Shaqi.
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