of the New York Life Insurance Company,
and George W. Perkins, Vice-President of the same company and partner of J.
Pierpont Morgan, were compelled to confess that they had contributed from
their policy-holders' deposits, large amounts of money to a fund to defeat
Bryan in 1896 and to the Republican campaign funds of the two following
presidential elections, and that they gloried in it. At the same time Jacob
Schiff, director of the Equitable Life and a partner in the great
international banking-house of Kuhn, Loeb & Co., admitted that funds
belonging to the policy-holders of the "Big Three," the New York, the
Mutual, and the Equitable, were used in a joint fund to influence the
Legislature of every State in the Union.
[14] President McCall used almost the same language in September, 1905, in
justifying his payment.
[15] The President was notified some few months ago that the cotton report
was being juggled by employees of the United States Department of
Agriculture in the interest of certain Wall Street speculators who were
gambling in cotton. Investigation proved that it was the practice to
falsify the report; and certain Government officials and brokers are now
under indictment.
CHAPTER XXV
ATHLETICS OF FINANCE
Entirely apart from his relationship with Mr. Rogers it was a great help
in this Bay State emergency to have the aid of a man of John Moore's
wealth of vim and wide knowledge of men and affairs. Freely and frankly
I explained our situation to him with its innumerable complications
until he had mastered its intricacies. A tough job he pronounced our
proposition, and he was the authority on the subject. After our talk was
ended he called in Osborne, who had evidently already been talked to. He
said to Osborne:
"I've been over Addicks' affairs with Lawson, and there is no question
in my mind and that of other friends of the party that he should have
what is necessary to carry Delaware. You had better have the committee
ready to put in between $350,000 and $400,000 if we call for it. I will
see that it is kept down as low as possible."
Osborne then spoke his piece and replied that the committee would do
whatever was decided best, and asked me to send Addicks around next day
to explain just how he was pushing things in Delaware. All this was
play-acting for the benefit of Rogers' alibi.
The next thing on my programme was to persuade Addicks to relinquish his
hold on the old Boston gas comp
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