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Knickerbocker Trust Company, New York

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Letter from Theodore Roosevelt to William Dudley Foulke

President Roosevelt thanks William Dudley Foulke for the letter, but apologizes for feeling some amusement over the absurdity of the issues that Foulke told him about, namely a supposed effort by Secretary of the Treasury George B. Cortelyou to rehabilitate the Knickerbocker Trust Company, and of Roosevelt trying to use public office holders to nominate Secretary of War William H. Taft for president. Roosevelt dismisses both of these allegations, and says that Foulke should challenge the paper that printed them to produce proof.

Collection

Library of Congress Manuscript Division

Creation Date

1908-01-19

Creator(s)

Roosevelt, Theodore, 1858-1919

Letter from Joseph Bucklin Bishop to Theodore Roosevelt

Joseph Bucklin Bishop, Secretary to the Isthmian Canal Commission, asks President Roosevelt when he will issue the medals he had promised American employees the last time he had visited the Canal Zone, remarking that their work has noticeably improved since his visit. Bishop is shocked to hear of Charles T. Barney’s death by suicide following his forced resignation from the Knickerbocker Trust Company and considers it a “lesson of consequences of the craze for wealth.”

Collection

Library of Congress Manuscript Division

Creation Date

1907-11-28

Creator(s)

Bishop, Joseph Bucklin, 1847-1928

Letter from Corinne Roosevelt Robinson to Theodore Roosevelt

Corinne Roosevelt Robinson sends President Roosevelt a letter from her friend Mignonette Violett Whelen about the tragedies in her family. Robinson also talks about Darius O. Mills’s visit after the Knickerbocker Trust Company failure and mentioned that he said, “History will prove that the President is right.” She concludes by suggesting that Roosevelt meet Mayor of Troy, New York, Elias Plum Mann, who voted for Roosevelt in the last election even when he was very ill.

Collection

Library of Congress Manuscript Division

Creation Date

1907-11-14

Creator(s)

Robinson, Corinne Roosevelt, 1861-1933

Letter from Joseph Bucklin Bishop to Theodore Roosevelt

Secretary to the Isthmian Canal Commission Bishop recounts an encounter he had with Charles T. Barney, the deposed president of the Knickerbocker Trust Company who recently died of a self inflicted wound, the previous summer. Barney remarked that if President Roosevelt were to run for a third term, “he will get none of my money!” causing Bishop to observe the overlap between wealthy Americans and Roosevelt’s opposition.

Collection

Library of Congress Manuscript Division

Creation Date

1907-11-20

Creator(s)

Bishop, Joseph Bucklin, 1847-1928

Letter from William Emlen Roosevelt to Theodore Roosevelt

William Emlen Roosevelt is glad to know President Roosevelt’s position on running for reelection. Like his cousin, William is frequently beset by questions and recounts an amusing incident of a New York World reporter investigating rumors that Roosevelt deposited in the Knickerbocker Trust Company. Regarding the currency matter, he understands Roosevelt’s difficulty in explaining his feelings and shares his opinions on the situation. Even though it is slow and painful process, he believes they are working towards a better state of affairs.

Collection

Library of Congress Manuscript Division

Creation Date

1907-11-11

Creator(s)

Roosevelt, William Emlen, 1857-1930

Letter from Alexander Lambert to Theodore Roosevelt

Alexander Lambert asks President Roosevelt to enlist Cornelius Newton Bliss and Secretary of the Treasury George B. Cortelyou to recommend Lambert’s brother Adrian V. S. Lambert for a vacant position at the New-York Hospital. Lambert describes the feeling in New York after the Knickerbocker Trust Company failed and recommends that President Roosevelt take the legal steps he needs to, but that he refrain from talking about it in the press. Lambert has received bear skins and has sent them to John Murgatroyd, a taxidermist.

Collection

Library of Congress Manuscript Division

Creation Date

1907-10-29

Creator(s)

Lambert, Alexander, 1861-1939

Letter from William Emlen Roosevelt to Theodore Roosevelt

William Emlen Roosevelt congratulates President Roosevelt on his recent bear hunt, and jokes that all the bears have “fled into Wall Street for safety.” More seriously, Emlen finds that the situation is quite grave and offers some thoughts on how he feels Roosevelt might proceed. Emlen also provides an update on life at Oyster Bay.

Collection

Library of Congress Manuscript Division

Creation Date

1907-10-22

Creator(s)

Roosevelt, William Emlen, 1857-1930

Statement from a Wall Street Banker

A Wall Street banker summarizes the Panic of 1907. They describe the weak banking laws which created the precarious conditions on Wall Street, and how J.P. Morgan & Co. took advantage of these conditions to achieve the “greatest financial confiscation the world has ever known.”

Collection

Library of Congress Manuscript Division

Creation Date

1907

Creator(s)

Unknown