The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1877-08-25

COtCo Ah 4AOchiAh0 Wv "ASNNA 80
Northwest and Rock Island railroad
stocks made by TraeJ's failure, are
now manipulating for higher mar
ket, the controlling part of the stocks
of railroads and telegraphic compa-
nies representing capital of not less
than $3OO,O0O,0O0. Their argument
is, first, that in the general
depression of trade now slowly i'm
proving-and in the liquidations
which have been going on, railroad
stocks fell below their true value
and, second, that the war, giving a
market at good prices, will stimulate
the entire business of the country,
and the roads, having already eff
fected great economy in running ex-
penses, will show large increase in
earnings, and investors and specula-
tors will then buy stocks at the adj
vanced prices. There are those who
do not take this roseate view, and
Jay Gould is one of them. This
clique have demonstrated their posi-
tive strength by advancing the whole
| line in the face of the recent labor
strike, and its attendant destruction
of railroad property, so that during
the ten days of its continuance, the
stocks in their hands marked in
quoted sales an increased value of
$8,OOO,OOO. Jay Gould takes no hand
on that side at present, but last week,
in the telegraph stocks, Keene and
Gould executed a pas de deur i'll
which j. G.. showed the most leg, and
left Keene and his confrere, Sage,
loaded with few millions of the At
lantie and Pacific stock and with the
reflection that for ways that are
dark, and tricks that are vain,n Wall
street is surely peculiar. Gould is
playing a " lone hand "and seems to
rely on the general opportunity
which comes for breaking so long a
line. When the clique get all they
can carry, he will assault their weak
points. In the meantime there will be
a great advance in stocks, no mat
ter what follows. One house on New
street is carrying over three millions
of New York Central stock, which
they fondly expect to sell at par OF
higher, and Vanderbilt will take care
of twenty millions of the Lake Shore
stock. Wall street will again be the
great gaming centre, and this fall
will see many fortunes there lost and
won.
About year ago, Rubenstein, 4
Polish Jew, was arrested, tried and
found guilty of the murder of Sarah
Alexander, Jewess. A post mortem
examination showed the girl to be
pregnant, and the theory was that
there had been criminal intimacy be-
tween the two, and that Rubensteiu
had killed her to conceal it. He was
) sentenced to be hung, and protesting
his innocence, starved himself tc
death. The case was peculiar one
and there were not wanting those
who believed in his protestations o
innocence. But he died all the same
and his father and mother also diet
of grief. And now comes man
named Huber, who confesses shat he
) killed the Alexander girl, and tina
! Rubenstein was innocent. He give
full account as to how he became
possessed Of Ruhenstein's knife ant
boots, and is so circumstantial in hi
statement, that there can be but lit
, tie doubt of its correctness. The at
!, fair shows how dangerous it is t.
trust to detectives in such cases. The,
} have direct interest in finding som,
, one guilty, for unless they can dis
cover criminal, of what use ar
they7 And So when they fail to fnt
the murderer, they fasten the Grim
5 upon the first person that suspicio
can be directed against, and if the.
, haven't evidence, they make it.
PIETRO.