4 Cape May Star and Wave, Saturday, November 5, 1910 ^ < 1 . "i.. ' 1 i.. ..i 1 ■ 1
WILSON WEIGHTED WUHBADRECORDS Hanreys Connection With Failure of Bank and Trust Company. WMl STREET'S RAIffij nomination Tainted as the Gift M Representatlres of Spe- j cial Interests. Trenton. N. J., Nor. 2. - Woodrow [Wilson la baring a bard time trying to •SBTlnce his audiences that he was . mot ly""!".'"! by Wall street interests •ad that If elected he will not be sub- j anil mil to the men who brought •boot his nomination. It la nererthe1ms a notorious fact that Dr. Wilson's asntnaUon was brought shoot by the lavish expenditure of money. Dr. RfilKxi may be Ignorant of this fact, hot there le no man familiar with the goings immediately preceding the Democratic state convention at Trenton who does not know It to be tho «rath. Furthermore. It Is recalled and Is a mattor of public record that some of (ha men prominently connected with Dr. Wilson's candidacy were mentioned aa being more or leas Interested In the wrecking s few years ago of two financial Institutions In this state. In Monmouth county especially some curiosity la being expressed as to the Identity, of the George Harvey, who is pdmirtwily one of the Wilson spon- * son, «"d the George B. M. Harvey ■ whose name was associated with the j failures of the First National bank and the Monmouth Trust company of Anbury Park. | j Two men are now serving terms In Mate prison for the frauds perpe- ' tnted upon these two institutions, but there Is a strong Impression through- j Bat Monmouth county that Albert O. Twining, president, and David Cornell. Secretary, of tbe Monmouth Trust com- | pany, were not alone In their guilt, although they were the only two men tried and convicted. Indeed, some peo#le who were victims of tbe bank frauds go so far as to say that Twining at least was merely a tool of somebody higher up. who managed through powerful Influence to escape tbe meshes of the law. Members of tbe grand Jury for May, 1903, recall that the first Indictments returned to the Monmouth county Court in the bank case on May 8. 1903, Included three names. These first Indictments. however, were withdrawn, and the second twitch of Indictments Were against Twining and Cornell wily. Senator 8mith's Record. The Interest of Jumea Smith Jr.. In tbe campaign needs no comment. His record In the United States senate, to Which he holies to be returned next year. Is notorious throughout the state. For years he has been the representative of Wall street in the management and control of the Democt atic i>arty In this- state. That he 1b still tbe dominating power In that party was demonatrated in his manipulation of the State convention for Wilson In the face Of the popular demand for the nom- 1 lnatlon of one of the young Democrats , who had been fighting their party's battles for years. Sllxer, Wlttpenn and Kataenbacb were given no considers- ! tion by the .Smith forces, and the Har- | tlgan delegates were not eveu permit- ; ted to cast their votes. Richard V. Llndabury, whose law or- j flee Is In Newark and who presided at j the Wilson mass meeting In Somervllle, boasted of the fact that be was , one of tbe men who negotiated the j nomination of Wilson long before tbe | professor was ever thought of by the \ Democrats of his own state. Mr. Lin- ! dabury more than any other New Jersey lawyer Is the representative of tbe Wall street interests In this state. He has appeared In Important litigations i as counsel for the Morgan Interests. ; the keel trust and other financial ln- ^ . atlttglons which dread a scrutiny of ■» their affairs by tbe public, to In bis statement at Somervllle Mr. Gjrldndabary described the men who Inf* dnced Dr. Wilson to run as ••gentlemen Democrats." Everybody knows; fihat no man could get tbe Democratic j : nomination for governor of New Jer- ! aey unless James Smith, Jr., gave bis consent to the selection. Thus we * have three of the gentlemen Demoi crate, whose arguments prevailed upon [ Dr. Wilson. That Colonel Harvey ' urea one Dr. Wilson admitted himself (when he told his artist friends at Lyme. Conn., that Harvey waa the man who telephoned to him that the gentlemen Democrats were waiting t for tbe professor Is a downtown club t to New Turk that Sunday afternoon [; when the deal was practically consunk —tad That Harvey and Smith were P the leading forces In the convention I that nominated Dr. Wilson waa mads f known to the pabUc by the newspa- | **■ . Harvey In the Cis'Htlsn.
I IS last, said that Colonel George Bap j vey was conspicuous in a box in tbe ' ' opera house where the convention j was held and that ex-8enator James 1 , Smith, Jr.. of Newark sat near him. | Colonel Harvey was described as exerting such a potent Inufience over tbe bosses who ruled that convention that j j when he opposed a plank In the party | , platform proposed, by Woodrow W i son. tbe slated nominee for governor, j , the plank was withdrawn Harvey was backed In his opposition by ex- i j Senator James Smith, Jr The Even lng News said: ■ "Evidently tbe work of the subcom I j tnlttee to revise the platform was not ■^satisfactory to Colonel George B. M j Harvey, for he suggested some change* 1 , in It. Tbe document was submitted ic . Senator Smith and Colonel Harvey lc ' the former's room. With them was \ , John R. Hardin, the temporary chairi man of the convention jv "They bad a conference, after which .Colonel Harvey changed a section In ( ' the platform. It referred to direct J ; nominations. The extension of the primaries to governor and congress was - • Inserted at the demand of Mark A. , 8ulllvan and Dan Fellows Piatt It ] I was a specific declaration such as tbe I I I state platform of three years ago. 1 j' '"Colonel Harvey substituted a gen1 ' era) phrasing regarding primary ex- ! tension, after which the platform went ( : back to the subcommittee for Its final , drafting." i What Monmouth county cltlaens and , the people of the state generally would like to know la, Are there two George B. M. Harveys and are both aa Influential aa one of them proved to be In the Democratic convention? It la Interesting to note that the George Harvey, editor of the North American Be- ; view and of the Harper publications. ; formerly signed his name as Georga B. M. Harvey. Directors Borrow Money. One of the severest criticisms mad* by the receiver of the Monmouth Trust company was that Its officers and directors were allowed to borrow . money apparently at will for tbe ex- : ploltatlon of their private affairs. . When the trust company closed Its doors the directors were liable as makers of notes for (85,352 and as indorsee for (55.830, making their tota, 1 liabilities to the In* Itutlon (141.183 1 Harvey owed (17.500 as payer and j (15.101 as Indorser, a total of (32.001 j With one exception he was the heav- j j lest borrower on the board of dlrecj In view of the fact that the people , of tbe state are belug asked to turn ! over their affairs to a governor among I whose sponsors and advisers are men 1 who have such a record. It may be ; pertinent to quote what Receiver John I E. Lannlng In his last report filed In | the court of chancery said In com- ' mentlng upon the actions of the dl- i ! rectors of the Monmouth Trust com- j pauy. He said In part: j "I found these (Monmouth Trust ; company) reports were padded and 1 1 i were Incorrect in many particulars | and that the statements therein madt ( I were based upon nominal face values j and were otherwise Incorrect and that j there had been a shrinkage of assets j from 1807 down to the date when the i company ceased to do business; that | the loss to the company and Its sus- , pension of business were due to the j neglect of Its officers and directors, who had failed to discharge their du- j , ties according to the lawfi of this state i and the bylaws of the company by j making loans and accepting notes and i other Instruments of Indebtedness without proper security. "They purchased stocks and bonds ! which in»d no market value: they were I speculating in divers ways with the company's funds. • " • From time j to time the assets of the company | were hypothecated to borrow money j with which some of the officers and di- i rectors were speculating. • • For ; several years prior to tbe failure of the trust company Its statements made , to the banking department were de j ceptlve and false, and some of them | show assets of double their actual j ■■ value." WILSON INIMICAL TO FOREIGN BORN. i Another instance of Dr. Wilson's lntolerance of foreign born people has | been found In his work "A History of the American People." volume 5. page 186. where he says: "The cities were filling up with foreigners of the sort the Know Nothings had feared. meD who had left their homes dissatisfied not merely with the governments they had lived under, but with society itself, and who had come to America to speak treasons i elsewhere forbidden." This work was published before Dr. j Wilson ever had any intention of be- { lng a candidate for public office and. being a carefully prepared book, was published over his own signature, which Is now being circulated and boomed by Colonel George Brlnton Mc Clellan Harvey, the man most responsible for Wilson's nomination. His • views on foreigners most certainly ( ' show Dr. Wilson's innermost thought. 1 That Dr. Wilson's views on an in- 1 1 tolerance of foreign born people have ' undergone no change since his noml- 1 1 nation Is shown most conclusively In , bis Atlantic City address of Oct 13. when he said: 1 "What distinguished ua aa Ameri- > cans la that upon most fundamental i ' questions we do think alike, and there- - tore we enjoy la a noticeable degree each other's estimation the reputation ad being mm of sense, wham a tori alga— seen to us to have —r io |
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