WALL STREET TO THE PEOPLE: "TAFT, I WIN; ROOSEVELT, YOU LOSE"
Spreckels, Rudolph
Wall Street to the People: "Taft, I Win; Roosevelt, You Lose" By RUDOLPH SPRECKELS In my opnion it is unfortunate that so many leading progressive Republicans have seen fit to follow Theodore...
...Every progressive Republican had reason to feel confident of a complete victory over the reactionary forces within the Republican party, as was made plain by a victory for the people in state after state during the past few years, but by their action at Chicago the Republican progressives who followed Roosevelt have delayed, and perhaps made impossible this much desired result...
...How anyone can be blind to the fact that Wall Street interests are financing the major portion of the Roosevelt campaign, I cannot understand, and if that fact is admitted, how can any sincere progressive hope to secure relief for the people in the election of a President, who is so closely associated with the very influences that have so long oppressed the people...
...Spreckels wrote this before the nomination of Wilson was made...
...Therefore, I count it fortunate that William Jennings Bryan has had the courage and the power, to drive the special privilege interests out of the Baltimore Convention, and I hope that all good progressive Democrats will see to it that he, Bryan, is made the Democratic nominee,* for it is he who has so consistently made the people's fight, and it is he who is to be trusted to place the control of our government where it belongs, with the people...
...Mr...
...I believe that the present situation is due to the clever work of the Wall Street interests, and that they have gained through Theodore Roosevelt another victory for special privilege over the progressive Republicans...
...What other man could have brought about the disruption of our forces...
...If Taft should be elected, Wall street wins...
...If Roosevelt wins the election, Wall street is safe...
...As a Republican, I say this with regret, for I did hope that my party might have had the honor of redeeming the past, and then going forward, serving faithfully the whole people...
...And is it not fair to assume that finding they were facing defeat at the hands of an outraged people, predatory wealth grasped at the last chance for continued control over our Government, by playing upon the vanity and great ambition of Roosevelt, whom they knew to be a clever politician, who, during his seven years as President, allowed the tariff evil to continue, and the trusts to multiply and oppress the people, who did not hesitate to sanction the purchase of the Tennessee Coal & Iron Company by the Steel trust, and even turned the money and credit of this country over to Morgan during the panic of 1907 (facts brought out in the investigation by Congress), thereby giving that individual greatly increased power to control the money and credit of the whole Nation, which control is to-day a most serious menace to individual effort and freedom...
...Roosevelt, You Lose" By RUDOLPH SPRECKELS In my opnion it is unfortunate that so many leading progressive Republicans have seen fit to follow Theodore Roosevelt in the present political crisis...
...He is out for Wilson.—Editor's Note...
Vol. 4 • July 1912 • No. 28