President Roosevelt diagnoses the root cause of the current financial crisis as the public’s lack of confidence caused by the revelations of corrupt practices among several prominent businessmen. In fact, Roosevelt believes such a crisis was inevitable in light of dishonest business practices, and that his policies merely exposed them sooner than expected. Despite this, Roosevelt cannot regret his decisions and can only resolve to do what he can to restore confidence.

Collection

Library of Congress Manuscript Division

Creation Date

1907-11-16

Creator(s)

Roosevelt, Theodore, 1858-1919

Recipient

Robinson, Douglas, 1855-1918

Language

English

Period

U.S. President – 2nd Term (March 1905-February 1909)

Repository

Library of Congress Manuscript Division

Page Count

2

Production Method

Typed

Record Type

Multi-image

Resource Type

Letter

Rights

These images are presented through a cooperative effort between the Library of Congress and Dickinson State University. No known restrictions on publication.

Citation

Cite this Record

Chicago:

Letter from Theodore Roosevelt to Douglas Robinson. [November 16, 1907]. Library of Congress Manuscript Division. Library of Congress Manuscript Division.
https://www.theodorerooseveltcenter.org/digital-library/o200778. Theodore Roosevelt Digital Library. Dickinson State University.

MLA:

Roosevelt, Theodore, 1858-1919. Letter from Theodore Roosevelt to Douglas Robinson. [16 Nov. 1907]. Multi-image.
Library of Congress Manuscript Division. Library of Congress Manuscript Division.
Theodore Roosevelt Digital Library. Dickinson State University. January 9, 2026. https://www.theodorerooseveltcenter.org/digital-library/o200778.

APA:

Roosevelt, Theodore, 1858-1919., [1907, November 16]. Letter from Theodore Roosevelt to Douglas Robinson.
Library of Congress Manuscript Division. Library of Congress Manuscript Division.
Retrieved from https://www.theodorerooseveltcenter.org/digital-library/o200778.

Cite this Collection

Chicago:

Library of Congress Manuscript Division. Library of Congress Manuscript Division.
https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division. Theodore Roosevelt Digital Library. Dickinson State University.

MLA:

Library of Congress Manuscript Division. Library of Congress Manuscript Division.
Theodore Roosevelt Digital Library. Dickinson State University. January 9, 2026. https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division.

APA:

Library of Congress Manuscript Division. Library of Congress Manuscript Division.
Retrieved from https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division.