Letter from Dwight Braman to Theodore Roosevelt
Subject(s): Anthracite Coal Strike (Pennsylvania : 1902), Bonds, Commercial crimes, Conspiracies, Mitchell, John, 1870-1919, Morgan, J. Pierpont (John Pierpont), 1837-1913, New York (State)--New York--Wall Street, New York Stock Exchange, Sage, Russell, 1816-1906, Strikes and lockouts--Coal mining
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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)
Recipient
Roosevelt, Theodore, 1858-1919
Language
English
Period
U.S. President – 1st Term (September 1901-February 1905)
Repository
Library of Congress Manuscript Division
Page Count
4
Production Method
Record Type
Multi-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 Dwight Braman to Theodore Roosevelt. [October 7, 1902]. Library of Congress Manuscript Division. Library of Congress Manuscript Division.
https://www.theodorerooseveltcenter.org/digital-library/o39220. Theodore Roosevelt Digital Library. Dickinson State University.
MLA:
Braman, Dwight, 1861-1929. Letter from Dwight Braman to Theodore Roosevelt. [7 Oct. 1902]. Multi-image.
Library of Congress Manuscript Division. Library of Congress Manuscript Division.
Theodore Roosevelt Digital Library. Dickinson State University. December 18, 2025. https://www.theodorerooseveltcenter.org/digital-library/o39220.
APA:
Braman, Dwight, 1861-1929., [1902, October 7]. Letter from Dwight Braman to Theodore Roosevelt.
Library of Congress Manuscript Division. Library of Congress Manuscript Division.
Retrieved from https://www.theodorerooseveltcenter.org/digital-library/o39220.
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. December 18, 2025. 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.
