Letter from Henry Lee Higginson to Theodore Roosevelt
Subject(s): Cortelyou, George B. (George Bruce), 1862-1940, Financial crises, Monetary policy, Railroads--Capital investments
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Henry Lee Higginson felt obligated to bring the volatility of the stock market to President Roosevelt’s attention, and sent a telegram earlier in the day. While the market leveled out by the end of the day, Higginson does not believe it will last unless investors are reassured by a statement from Roosevelt and the Interstate Commerce Commission. The railroad industry in particular requires support. Higginson makes it clear that his concern is not just for the wealthy, but that the “multitude” is being affected by the financial crisis.
Collection
Library of Congress Manuscript Division
Creation Date
1907-03-26
Creator(s)
Higginson, Henry Lee, 1834-1919
Recipient
Roosevelt, Theodore, 1858-1919
Language
English
Period
U.S. President – 2nd Term (March 1905-February 1909)
Repository
Library of Congress Manuscript Division
Page Count
2
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 Henry Lee Higginson to Theodore Roosevelt. [March 26, 1907]. Library of Congress Manuscript Division.
https://www.theodorerooseveltcenter.org/digital-library/o55730. Theodore Roosevelt Digital Library. Dickinson State University.
MLA:
Higginson, Henry Lee, 1834-1919. Letter from Henry Lee Higginson to Theodore Roosevelt. [26 Mar. 1907]. Multi-image.
Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University. January 15, 2026. https://www.theodorerooseveltcenter.org/digital-library/o55730.
APA:
Higginson, Henry Lee, 1834-1919., [1907, March 26]. Letter from Henry Lee Higginson to Theodore Roosevelt.
Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University.
Retrieved from https://www.theodorerooseveltcenter.org/digital-library/o55730.
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. January 15, 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.
