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"A Brief History of Panics and Their Periodical Occurrence in the United States"

Taft than for Mr.
Roosevelt. This and brisker business served to hearten conservative
interests, and the general market revived despite the decidedly downward
influence in our country of the gigantic strike among English coal
operators, who thereby spread trouble throughout the British Empire,
and, through the solidarity of the financial world to-day, affected
every financial centre.
The remainder of the year was dominated by the Presidential canvass.
Taft, called by many a "stand-patter"; Roosevelt, "the insurgent," who
proposed to mend all the troubles of the political public by his usual
brusque methods; and Woodrow Wilson, the "conservative with a move on,"
made their appeals for popular support. Until the verdict in November
a see-saw market took place in the United States, while Europe and
reflectedly the remainder of the world became alarmed lest the war
declared in October by the Balkan States against Turkey should produce
world-wide trouble.
The November Presidential election showed that Woodrow Wilson received
435 votes, Mr. Roosevelt 90, and Mr. Taft 8. However, the popular vote
for Woodrow Wilson was more than 1,000,000 below that cast for Messrs.


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