Saturday, May 9, 2009

March 11, 1904, Friday

William H. Taft, Secretary of War, held a conference in this city yesterday at the offices of his predecessor, Elihu Root, at which were present at various times during the day a dozen or so of prominent financiers. The object of the conference was to ascertain how far the capitalists of Wall Street could be induced to assist in the development of a railroad and street railway system in the Philippine Islands.

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