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President Roosevelt tells Senator Aldrich that there has been a demand for action on asset banking, but now is not the time for radical legislation. Instead, he would like to get though a measure addressing three or four minor points that could offer relief to the currency situation.
Library of Congress Manuscript Division
1907-01-20
John Byrne congratulates President Roosevelt on the recent election results. Byrne is sure that Roosevelt will be one of the greatest presidents ever. He writes about the major issues the president must address.
Library of Congress Manuscript Division
1904-11-15
Representative Hill responds to President Roosevelt’s questions on laws governing currency. Hill is very concerned about fiat money. Hill is a proponent of a bill, presently in committee, that will move the United States back to the gold standard.
Library of Congress Manuscript Division
1904-11-14
President Roosevelt looks on as Rhode Island Senator Nelson W. Aldrich holds a “currency bill” baby with a “business interest” toy in its hand. Aldrich says, “Isn’t he cunning?”
Library of Congress Manuscript Division
1908-02-15
John Byrne congratulates President Roosevelt on the recent election results. Byrne is sure that Roosevelt will be one of the greatest presidents ever. He writes about the major issues the president must address. Roosevelt’s notes are at the top of page one.
Library of Congress Manuscript Division
1904-11-15
President Roosevelt thanks Henry Hall for writing, and expresses his concern that he cannot interest Congress or the country in the currency bill. He tells Hall that he has sent copies of his letter to Secretary of the Treasury Leslie M. Shaw, Postmaster General George B. Cortelyou, and Senator Nelson W. Aldrich.
Library of Congress Manuscript Division
1907-01-29
President Roosevelt informs Columbia University President Nicholas Murray Butler that Jacob H. Schiff’s speech has “fallen absolutely flat;” that no Senator or Congressman has been influenced; and “the great majority of the business men” who write him have warned him not to pay attention to it. Roosevelt does not believe that anything can be done about currency legislation during this session of Congress, but he wants to make “a resolute effort” next session.
Library of Congress Manuscript Division
1906-01-10
President Roosevelt clarifies for Nicholas Murray Butler what he meant when he wrote him regarding Jacob H. Schiff’s recent speech about the currency question. Schiff was correct about the danger, but he did more harm than good with his speech by criticizing the remedy suggested by Treasury Secretary Leslie M. Shaw, making it harder for any action to be taken.
Library of Congress Manuscript Division
1906-01-12
President Roosevelt thanks Secretary of Agriculture Wilson for the advice not to commit to any currency legislation.
Library of Congress Manuscript Division
1903-09-03
Leslie M. Shaw agrees with many of the conclusions drawn in the Currency Commission’s report, although he does not believe that any legislation could be passed. Shaw does not have any more hope of currency legislation being passed after reading the report. The problem is that the banks and bankers are supportive of policies that benefit them that may not benefit the country as a whole.
Library of Congress Manuscript Division
1906-11-30
President Roosevelt greets a crowd in Quincy, Illinois, and thanks them for their greeting. He also congratulates Illinois on its “abounding prosperity” and the need for the national legislature to address “the matter of the currency.” Roosevelt also remarks on the deeds of those who served in the Civil War and the character of American citizens.
Library of Congress Manuscript Division
1903-04-29
Jacob G. Schmidlapp writes to President Roosevelt regarding currency legislation and assets or credit currency.
Library of Congress Manuscript Division
1903-08-04
Allen W. Thurman writes to President Roosevelt to recommend that he consult General Warner before considering currency legislation.
Library of Congress Manuscript Division
1903-07-18
On behalf of the Bankers Convention, Harris C. Fahnestock submits a memorandum regarding possible amendments to the National Banking Act relative to the national currency system. He reviews the history of the American currency system relative to the systems of other countries and focuses primarily on the issue of unsecured currencies.
Library of Congress Manuscript Division
1903-03-25
Speaker Henderson suggests that President Roosevelt put pressure on Representative Babcock regarding the Philippine currency bill.
Library of Congress Manuscript Division
1903-02-17
Senator Lodge returns Mr. Van Kleeck’s letter regarding the involvement of federal office holders in the recent selection of a Senator from Colorado. He argues that the factions supporting Edward Oliver Wolcott and Philip Battell Stewart “tore the state apart,” but holds out hope that the state can be carried in the 1904 elections because both Republican factions support President Roosevelt. Lodge further compliments Roosevelt on his choices for the Alaskan Boundary Commission, mentions his recent work with Senator Aldrich on the Philippine currency bill, and suggests steps to push the bill through the House.
Library of Congress Manuscript Division
1903-02-17