Letter from William H. Taft to Theodore Roosevelt
Secretary of War Taft reviews the history of a proposed meeting between President Roosevelt and representatives of railroad interests. Banker Harry Bowly Hollins, being “fearful of a financial panic through the country,” believed that public confidence could be restored by President Roosevelt meeting with representatives of the railroads about their adherence to the Rate Bill. At first, it was thought the meeting should be with railroad presidents, but subsequently, a meeting with J. Pierpont Morgan was deemed to be better. Having discussed the proposal with Roosevelt, Taft relayed the latter’s doubts about the usefulness of such a meeting, but that he was willing to meet with Morgan, as long as everyone understood it was not at his request.
Collection
Library of Congress Manuscript Division
Creation Date
1907-03-11
