Letter from Theodore Roosevelt to George B. Cortelyou
Subject(s): Bankers, Stock exchanges--Law and legislation, Stockbrokers
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President Roosevelt asks Secretary of the Treasury Cortelyou to look at the enclosed document. Roosevelt does not know how to answer it and would like more information. It seems that the chief objection to the administration’s actions is the belief that bankers are loaned money without interest, then loan it to stock brokers at a high interest rate. Roosevelt wishes they could “tax stock speculation out of existence.”
Collection
Library of Congress Manuscript Division
Creation Date
1908-01-12
Creator(s)
Roosevelt, Theodore, 1858-1919
Recipient
Cortelyou, George B. (George Bruce), 1862-1940
Language
English
Period
U.S. President – 2nd Term (March 1905-February 1909)
Repository
Library of Congress Manuscript Division
Page Count
1
Production Method
Record Type
Image
Resource Type
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 George B. Cortelyou. [January 12, 1908]. Library of Congress Manuscript Division.
https://www.theodorerooseveltcenter.org/digital-library/o201254. Theodore Roosevelt Digital Library. Dickinson State University.
MLA:
Roosevelt, Theodore, 1858-1919. Letter from Theodore Roosevelt to George B. Cortelyou. [12 Jan. 1908]. Image.
Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University. March 6, 2026. https://www.theodorerooseveltcenter.org/digital-library/o201254.
APA:
Roosevelt, Theodore, 1858-1919., [1908, January 12]. Letter from Theodore Roosevelt to George B. Cortelyou.
Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University.
Retrieved from https://www.theodorerooseveltcenter.org/digital-library/o201254.
Cite this Collection
Chicago:
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. Theodore Roosevelt Digital Library. Dickinson State University. March 6, 2026. https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division.
APA:
Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University. Retrieved from https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division.
