Nelson W. Aldrich, a Leader in American Politics

Nelson W. Aldrich, a Leader in American Politics

Nelson W. Aldrich, a Leader in American Politics

Nelson W. Aldrich, a Leader in American Politics

Excerpt

I wish to acknowledge the kindness of many people who have assisted me either directly or indirectly in the preparation of this biography. The whole manuscript was read and criticised most helpfully by Professor W. B. Munro, Professor F. L. Paxson, Professor C. L. Lingley, and Professor H. B. Learned. Other generous friends read considerable portions of it. Professor R. M. Story trained his keen analytic faculty on the mode of handling political forces; Professor H. P. Willis made a careful examination of the factual basis of the financial narrative; Professor G. S. Burgess and Professor Felix Frankfurter gave me the benefit of their legal attitudes toward 1906; the Honorable Carter Glass, the Honorable A. P. Andrew, Mr. P. M. Warburg, Mr. Frank Vanderlip, and Mr. A. H. Shelton reviewed the portions dealing with the Federal Reserve; Miss Ida M. Tarbell discussed with me those portions that invade the field of her particular interests; Professor Allan Nevins made interesting suggestions about the orientation of the whole matter.

Of course it does not follow that all my correspondents approve all the interpretations here expressed. For example, Mr. Robert S. Owen, commenting on the chapters dealing with the Federal Reserve, expressed views that are severely at variance with those of his own associates, and which I find myself unable to accept. He denies flatly the importance attributed to Mr. Bryan in Chapter XXVII, and thinks that I overestimate the significance of other leaders on the Democratic side. Senator Glass, though very guarded in his comments on my interpretation of Senator Aldrich, at least goes along with me in being quite unconvinced by Mr. Owen's views. Professor Willis, I am happy to say, accepts the main lines of the story of the Federal Reserve movement as here indicated.

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