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President's Frankness.

FINANCIAL PANIC PARTLY DUE TO. HIS POLICY. By Telegraph—Association— Copyright. (Received October 2, 8.57 p.m.) New York, October 2. President Roosovclt, speaking at Keokuk (Iowa), admitted that his attitude, towards tiusts had been a contributory cause of the-recent financial weakness, but said that this fact ■must bo accepted as a disagreeable yet Unavoidable feature of his policy. At the time when the Wall Street financial panic was at its height, the statement was frequently made that the trouble was " too much Roosevelt." While maintaining his' attitude to trusts, Presidpnt Roosevelt, in an interview about that timo with Mr. Isaac Seligmann, a New York hanker, is reported to have said that he would do anything he could to restore confidence; in financial circles, but did not see what he could . do. lie was not responsible for, and regretted,-the action of the State Legislatures towards railroads. He was willing to meet the railways half way.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19071003.2.69

Bibliographic details

Dominion, Volume 1, Issue 7, 3 October 1907, Page 7

Word Count
155

President's Frankness. Dominion, Volume 1, Issue 7, 3 October 1907, Page 7

President's Frankness. Dominion, Volume 1, Issue 7, 3 October 1907, Page 7

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