Your TR Source

Braman, Dwight, 1861-1929

Search by Date Range

Clear Filters

4 Results

Letter from Dwight Braman to Theodore Roosevelt

Letter from Dwight Braman to Theodore Roosevelt

Dwight Braman sends his thoughts on how to end the Anthracite Coal Strike. He proposes the Reading Co. be put into receivership, a situation with which he has some experience, having served as Receiver for the Bay State Gas Co. and the St. Louis Kansas South Western Railway Co. Braman believes the Reading Co. situation warrants action in the federal courts. He also suggests that President Roosevelt consult with William H. Baldwin, Jr.

Collection

Library of Congress Manuscript Division

Creation Date

1902-10-05

Creator(s)

Braman, Dwight, 1861-1929

Letter from Dwight Braman to Theodore Roosevelt

Letter from Dwight Braman to Theodore Roosevelt

Dwight Braman informs President Roosevelt confidentially about a Wall Street conspiracy against Roosevelt and the Republican administration. A syndicate formed by J. Pierpont Morgan and others bought up government bonds and then attempted to force the money rate up to 40%. The United States Treasury would then have to buy the bonds back at inflated rates. The plan failed due to the intervention of Russell Sage, one of Braman’s clients. Braman has also been working to solve the coal strike and he encloses a letter from John Mitchell which details his efforts.

Collection

Library of Congress Manuscript Division

Creation Date

1902-10-07

Creator(s)

Braman, Dwight, 1861-1929