The History of Tammany Hall: Second EditionMyers, Gustavus
History
The History of Tammany Hall: Second Edition
Myers, Gustavus
New York (N.Y.) -- Politics and government; Tammany Hall (Political organization)
McCarren himself was a “sporting man” and reputed to be a
“thoroughbred” at that. He had his own elaborate racing stable, and it
was said of him that he once uncomplainingly lost $30,000 on a bet,
although the decision of the racing judges was open to question. In
1908 the failure of the brokerage firm of Ennis & Stoppani revealed
the fact that McCarren was “carrying” $250,000 worth of stock, for
which he had paid nothing, and which resulted in a loss to him of
about $107,000. No demand had been made by the brokers upon McCarren
for margins; in view of this fact he could not have been compelled
to pay losses; it was said of him, however, that he gave a check to
the receiver and took the stock. He was a “heavy operator” in real
estate and in the stock market, and had personal relations with H. H.
Rogers, Anthony N. Brady, William C. Whitney, J. Pierpont Morgan, W.
K. Vanderbilt, August Belmont and other Wall Street magnates, of whose
interests he was a recognized pusher in the Legislature.
To return, however, to the hearings of the Legislative “Graft Hunt”
Committee: facts brought out showed that the beet sugar interests had
also debauched the Legislature and that State Senator John Raines, a
leading Republican, received $9,000 in two years for pushing bounty
bills to aid beet sugar interests. These facts were admitted by Henry
F. Zimmerlin, former vice-president and Albany lobbyist of the Lyons
Beet Sugar Refining Company.
The full testimony tended to show that insurance companies, traction
companies, construction companies and other interests paid large
sums to defeat legislation that they did not want enacted, or were
blackmailed into paying other large sums to have “strike bills”
suppressed. But the report of the Legislative Investigating Committee,
made on February 1, 1911, was harmless as far as specific findings of
corruption were concerned. As to the charges of traction and race track
corruption, the Committee reported that no definite and substantial
charge, verified by knowledge, had been filed with it, and that “in
consequence it finds nothing definite in regard to the traction
and race track charges that it examined.”[3] There were one or two
indictments, but no one, either bribers or bribed, had to go prison,
although in charges made in a detached subsequent case, one solitary
State Senator, Stilwell, was convicted of bribery charges and sentenced
to prison; he was a comparatively obscure politician.
Inasmuch as the Legislature for years had been dominantly Republican,
these disclosures had a much more injurious political effect upon the
Republican organization than upon Tammany, and they were of weight in
bringing about the election of a Democratic Governor in the person of
John A. Dix, in 1910. This was the first Democratic Governor of New
York State elected in many years; the result was the enlargement of
Tammany’s sway, and more offices and further fields of power and profit
for “the Organization.”
Public-domain text, read in full here on John Shaqi.
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