Jasper County Democrat, Volume 7, Number 29, Rensselaer, Jasper County, 22 October 1904 — Do They Pay for Protection? [ARTICLE]

Do They Pay for Protection?

The New York American on August 29th published an astonishing story concerning the contributions of the trust to the campaign fund of the Re publican party. That newspaper asserted, upon what it claimed was unquestionable authority, that the Standard Oil company had donated $1,)00, 000, and J. Pierpont Morgan had given $250,000. It also announced that the members of the Union League Club of New York had contributed SIOO,OOO to the fund. In regard to these trust contributions. alleged to have been made, the American quotes its informant as saying: “Morgan’s enmity to Roosevelt ended with the appointment of his banking firm as fiscal agent for the purchase of the $40,000,000 Panama canal. The $750,000 pledged by the steel and iron trust was not difficult to exact after the Chicago convention, with the approval of the president, promised no tinkering with the tariff ‘except by its friends.’ ’’