Your TR Source
Charles P. Light sends President Roosevelt the receipt for a box of apples Light had picked himself and is shipping for Roosevelt and his family to enjoy. Business has been returning to normal for Light.
Library of Congress Manuscript Division
1907-11-21
President Roosevelt asks Albert Shaw to reproduce a cartoon from Puck. As Roosevelt has no plans to hold another position in public office, the upset on Wall Street will have no lasting effect on him, but he comments on the related press coverage. The New York Sun has tried to disparage the Great White Fleet, but Roosevelt is certain Shaw understands that the fleet’s journey is necessary. Roosevelt asks Shaw to lunch with Mark Twain and Frank Nelson Doubleday on Friday the 13th.
Library of Congress Manuscript Division
1907-09-03
President Roosevelt rebukes Edgar Williams for the criticisms of his administration, particularly William’s ignorance in blaming the recent economic fluctuations on Roosevelt’s policy of enforcing laws against the wealthy and corporations.
Library of Congress Manuscript Division
1907-08-16
President Roosevelt rebukes David Scull, a trustee of Bryn Mawr College, for his ignorance in blaming the recent economic fluctuations on Roosevelt’s “action in enforcing the law against wealthy wrong-doers.”
Library of Congress Manuscript Division
1907-08-16
President Roosevelt comments on the potential economic panic and other issues. He sends Senator Lodge a copy of his Provincetown speech.
Library of Congress Manuscript Division
1907-08-14
President Roosevelt encloses a letter to Samuel Harden Church noting that Church knows Pennsylvania Senator Philander C. Knox “is not an anarchist or a truckler to mobs.” Roosevelt says speculators, rather than government cases against trusts, are responsible for financial panics.
Library of Congress Manuscript Division
1907-08-14
In addition to Henry Lee Higginson’s letter, President Roosevelt received many communications from individuals and businesses concerned about the economic downfall and panic. Roosevelt mostly agrees with Higginson, but is confused by some of his points. Roosevelt thinks the global economic circumstances have little to do with any action by his administration.
Library of Congress Manuscript Division
1907-08-12
O. M. Wilson sends Theodore Roosevelt a copy of a statement from a Wall Street banker written around the time of the 1907 panic. During the 1907 panic, Wilson was working at the Bronx National Bank of New York City and the First National Bank of Guttenberg, New Jersey. Wilson believes that the guidance in the statement helped these two banks avoid limited payments during the panic. Wilson hopes Roosevelt can find the information helpful in October.
Library of Congress Manuscript Division
1911-09-27
Senator Lodge acknowledges E. T. Colburn and his friend’s concerns over the decline in the stock market. However, this decline results from many causes affecting not only the United States but the world. Therefore, Lodge argues that blaming President Roosevelt’s administration and investigations of corporations is unreasonable and unjust.
Library of Congress Manuscript Division
1907-08-19
Andrew Carnegie tells President Roosevelt not to miss the editorial in today’s New York Times. Carnegie notes that the markets have recovered, and now he hopes for “hum drum” rest. Carnegie also remarks on the need for railroad regulation and the good work of the Interstate Commerce Commission, and that the “railway men” will favor it eventually. Carnegie hopes that Roosevelt will dictate a letter to be read at the upcoming National Arbitration and Peace Congress, and insists, twice, that Roosevelt should “take a holiday.”
Library of Congress Manuscript Division
1907-04-07
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.
Library of Congress Manuscript Division
1907-03-26
General Carter congratulates President Roosevelt on his election victory and believes it will have a good effect in the Philippines. Carter informs Roosevelt that independence has become a common topic, especially due to Secretary of War William H. Taft’s policy of “The Philippines for the Filipinos.” Carter concludes by discussing industrial depression and fear of robbers in the islands.
Library of Congress Manuscript Division
1904-11-10
President Roosevelt and Secretary of the Treasury George B. Cortelyou hold a “U.S. Treasury” pipe that is sending bonds and notes swirling around to large crowds of people.
Library of Congress Manuscript Division
1907-11-19
President Roosevelt holds a rifle on his right shoulder and a bag labeled “off to Louisiana” and walks away from four bears hiding behind a “Wall Street” sign.
Library of Congress Manuscript Division
1907-09-21
Armed with a big stick, President Roosevelt plays poker with “Bear” and “Bull” on a table labeled “Wall Street,” saying “It’s a square deal, boys!”
Library of Congress Manuscript Division
1907-03-29
President Roosevelt writes to his son Kermit about rock climbing and riding with Edith. He also talks about the current financial and industrial crisis and how he will be blamed. Roosevelt says he will not be driven from his course.
1907-11-03
President Roosevelt writes his son Kermit about horseback riding and the current financial crisis. Roosevelt says the anger is centered on him but he does not care because he knows that what he did was right.
1907-11-23
President Roosevelt sends Secretary of the Treasury Cortelyou a letter after consultation with several other cabinet members. If Cortelyou thinks the publication of the letter will help to restore confidence after the recent financial crisis, he may go ahead and publish it. If the letter needs changes, Roosevelt asks Cortelyou to call him tomorrow morning. In a handwritten note, Roosevelt tells Cortelyou that he trusts his judgement regarding publication of the letter.
Library of Congress Manuscript Division
1907-10-25
President Roosevelt assures Edwin B. Willis that his motivation in signing the emergency currency bill is the same as signing any good bill. Roosevelt says it is a good bill, and has not heard anything against it that is worthy of notice.
Library of Congress Manuscript Division
1908-07-23
President Roosevelt would like to review the statement Secretary of the Treasury Cortelyou has written about his actions in response to the financial panic before he sends it to the Senate Committee.
Library of Congress Manuscript Division
1907-12-13