davidaulloa/AmericanStories huggingface dataset:
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-19
A stntn Cnnxnniinn

CAMDEN, N. j., Aug. 1S.-The State
convention OF the Trade and Labor
Unions Of the State met here to-day.
Officers were elected and the commi =
tee on resolutions reported in favor OF
arbitration and held that the wor ing
OF overme was unneoess iry and un-
Just. The committee also favored
female trades unions. Thore ara l33
delegates, representing nearly 10000
members, in attendance.
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-19
A 81. Louis nrougho KILLED.

sr. Louis, Aug. ls.-Mike Fitzger-
aid and Charles Sehermau, two
steamboat cooks, between whom n
long. standing feud had existed,
met between o ard Ia
o'clock on tho corner of Sixth
Rnd Market streets when,
without speaking r word, Soherman
drew revolver and shot Fitzgerald i'm
the side. Fitzgerald ran into the
street and Soherman followed him
and fired two more shots. Fltz-
gerald then fell to tho ground
and Scherman stood over him and
fred two more balls into him, theItwo
halls passing through tho head kill
Ing him Instantly. Scherman was ar
rested. Fitzgerald was a "tough," and
killed Pete Brady on the same corner
five yearaagO. Scherm an was regarded
as quiet and peaceful man.
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-19
Is Postmastor.G Gonerai villas me-

MILWAUKEE, Aug. ls.-No confirm
alton of the rumors indicating that the
postmaster-genoral is seriously i'll il
70 be had hero, Intimate friends OF
Colonel Villas docl are tho reports to be
groundleqs, and believe the story tC
have started from tho fact that Colonel
Villas has kept himself closely within
doors since his arrival at Madison and
has boen visited by his intimate
friend, DIR. Fox.
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-19

WASHINGTON, Aug lS.-An evening
paper says not over 200 replies have
b5on received at the treasury depart.
ment 10 tho circular letter calling foi
expressions Of opinions from manu-.
fscturors and importers on the subject
OF tlrilf revision. Asa rulo tho con
tributions have contained more com.
plant of tie adyalorem system than
suggestions for It's improvement.
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-19
Al Toledo,

ToLEDo, Aug. ls.--Ths command
sent by the knights of Lsbor execu.
tive committee, at st. Louis, yester.
day, ordering general strike along
the line OF the Wabash had little of.
feet here. Only one.sixth of the en-.
ployes at the shops and yards hore arc
members Of the order, ana they are
too much in the minority to avail any.
thing in u strike. At the noon hour,
the time sot for tho strike, all was
quiet ut the shops aud all commenced
work az o'clock. No general strike IL
expected here Mt all.
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-19
At Fort WAYNE

Fort WAYNE, Aug. lS.-The en-.
ployes OF tho Wabash railroad at this
point did not strike nor make any de-
moustration at noon to-day, as Gov
tomplated and ordered by the knights
of Labor. to which organization about
two-thi'ds of the men employed In the
shops horo belong. The pay car is ex-
pected TO arrive tomorrow, and pay
the employees for the month of June.
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-19
NEUROLOGICAL.
Edgar *. ApRsr.

ALBANY, Aug. 1s,-Depusy state
Treasurer Edgar X. Apgar di d at bis
residence in this city at 2:SO this after
noon of embrollism OF the braiu aud
dropsy Oi ths liver. MIR. Apgar was
closely associated In political way
with Daniel Manning, and ives orc OF
the fret 10 push the candids ey OF
President Cleveland for governor and
president.
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-19

CHICAGO, Aug. lS.--It is claimed
that the strike ordered by the knights
of Labor ON tho Wabash road will have
very little effect on the working of the
road here. The engineers, the firemen
and brakemen belong 10 unions OF
tkeir own, and 1t is thought tao order
would not affect to exceed 10 men in
the shops and yards hero.
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-19
Al Dncntnr. nIinnIa

CHICAGO, Aug. 18,-The Journals
Decatur special says tho Wabash
stciko was ilaugurated here at noon
today, and loss than 10 men quit work
OF 800 employed, which is explained
by the fact that nearly so knights quit
work tw0 months ago, and haTe re-
mainod idle ever siuce, y .5t f9i
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-19
Mneas incl.rnna.ed

PorTsrowN, Pa, Aus. 1s.-Ellis q
Lessig have notified tho helpers and
rollers and others working about the
rolls In their mils that their wages
will h0 increased, the increase In some
cases reaching as much as 20 por cent.
with q prospect OF tho mills going on
double time aud giving plenty OF work
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-19
RAILROAD NEWS.
Passenger Agents Meet.

NEW YoRK, Aug. lS.-Tbo general
passenger agents Of various lines met
at Commissioner Fink's Office to-day,
but adjourned without making any
progress in tho restoration OF rates.
Tnis was duo 60 the fact that all inter-
ested In the matter at distant points
had not been hoard FROM. Another
meeting Is 10 be held tomorrow.
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-19
All Quiet at sprIOpfi,Id

SPRINGFIELD, His, Aug. 1S.--2 p. m.
There are no signs Of strike here
among the Wabash employees, except
that four men left the machine shops.
Whether these left on account of the
order Of the labor union Is not posl-
tiyoly stated. No action has been
t8ken by the trainmen.
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-19
CASUALTIES.

a Terriblo Calamity In Louisiana
New ORLEANS, Aug. ls,--A terrible
accident is reported from Lake Carl
ton, Terrebonne parish. A few days
ago while Emile Llretto was
on ragged in moulding bull
let, for mis- gun, preparatory
TO joining a number OF bis friends In
lark shooting, he asked his wife to fill
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-19
frying to Match Ryan ana sullivan

Trying to Match Ryan ana Sullivan.
Boston, Aug. ls.-Jere Dunn, of
New York, and A. G. Hall, Paddy
Ryan's backer, arrived in this city
this morning 70 complete the arrange.
ments for match between Ryan and
Sullivan. Dunn, who Is a mutual
friend, brings articles Of agreement
signod by Ryan, and Hall brings the
money TO back Ryan. The articles
are blank in those places where
disputes are likely 10 arise and
will be filled out to Sullivan's
satisfaction. Dunn leaves to-day for
Belfast, Maine, to consult with
Sullivan,
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-19
Snrnlnrn Rnccs.

SARATOGA, Aug. ls,-Woather fine.
First Raco-Tenuessee stakes; for g
yoarOlde, with nou-wiuning allow
ances; distance, three quarters Of
mile; Won by Kirkman; Blue Stone,
second; Facence, third.
Time: i:i7,
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-19

PITTsBURo. Aug. ls.-John Teemer,
tho oarsman, has challenged Jake
Gaudaur, OF St. Louis, 70 row race
for a purse OF $4,000, Teemer to give
Gaudaur one length the start.
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-19
A isnrnnd Y.n,,inn.

BosToN, Aug. l8,-The Boston Man
urlcturing company, of waltham, has
shut down it's cotton mill for an indeG-
nito period, thereby giving about 600
employees a forced vacation.
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-19
(Slgnsd) FREDERICK TURNER,
Grand Secretary and Treasure



IL develops thatt IL WAS tho intention
OF tho board 10 issue this order before
tha ono sent over the Wabash railway,
rs tho actual weakness of tho knights
ON that road was known to the execu-
tive committee, and there was good
reason TO believe tho EFFORT of to-day
would DO uniayOraOle; but for some
unexplained cause 10 was held back.
The order was, however, telsgraphed
all over tho specified roads this even
ing and assembly meetings we're
called at every point to
receive it and it Is expect.
ed that tomorrow the suike
will be- fairly on, In this connection
the Globe Democrat will say tO.mOr
row; Under this order all Knigbts Of
Labor must refuse tO In any way
handle WasBsh railway stock ana
should yard master, mgster mechanic,
district or division superintendent on
any other official Of tho road endeavor
90 forco men 70 handle such cars then
district strike Is ordered. The situs-
tiou 10 about this; on tho Wabash
railway tho knights OF Labor arc all or
nearly all out, and have been for
sometime; but on the Mi.souri Pacific,
Wv aANA sfANhAAA"lAAi bAAH huNVl 4 ANlAll
and other roads th8 Knights aro said
TO fil tho shops and the yards. Thus
is ,hi, last order guarantee of q revO-
luton Of labor. it viii at any rate
force q public test of the Knights of
Labor and their ioalty TO the prlncl-
ples which each has sworn to uphold.
Ia fact, the Organization seems
to be in the issue, and Il
remains to b3 seen whether
the 10000 knights, as are claimed
TO be employed on the railways west
OF the Mississippi river, will obay the
call OF the executive board, whom they
have vested with this absolute power,
Dispatches from Council Bluffs. Iowa;
Andrews, Indiana; Decatur, Illinois,
snd, m fact, from ali ahop points on
Tho road excepting Stanbery, Missouri,
received by oflicisls and by the press
here, ere 70 tho effect that tho men re-
mSin0d Nt work to-day, and that no
demonstrations were made. SO far,
tho strike, in Its rotation TO the Wa
bssh az leaBt, is regarded as fizzlo.
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-19

KANSAS ClTY, Aug. lS.-The Wabash
men employed here remained Mt work
to-day, and business proceeded as
ugual,
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-19
SILK DEPARTMENT..

At At57h-Colored Gros. Grain Silks in all
shades, cheap at S5c.
At 9Oc-Black Gros Grain Lyons silk,
worth Sl.50.
At 2Oc-Japanese silks, worth Zoe.
Black Silks at 6Oc, 75c, $ItoS 81.
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-19
The lartls OnnrnntInes

WASHINGTON, Aug. lS.--Information
has been received at the navy depart
ment that the Yautic has been quaran-
tined at Now orlesns. She recently
loft Colon, where the yellow fever has
been prevalent. Tho vessel was on
her way 10 New Orleans to take sill
yer from the mint in that city to
Washington. Is Ia expected arrange
ments will be made for conveying the
silver to tho Yantic in quarantine,
50 its transfer will not DO delayed. The
SwGtara, which was also sent TO New
Orleans 10 convey silver, will proba.
bly, reach that city Friday.
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-19
SOME SERIOUS STRIKES.
LEAST oFWHlcHIsTHE WABASH
That Limo Not Seriously Disturbed by
the knights of Labor, but Others
Badly Involved - street Car
strike in Msmphis-Aiin-
ers Strike in Alabama.
Tho Report from St. Louis

ST, LOUIS, Aug. lS-A meeting Of
the executive board Of the knights Of
Labor and of the committees regard
ing the locked out mon on tho Wabash
aud the Knights of Labor employed
on The Gould Southwestern system
was held this morning. Re-
solutions wSro adopted denouno.
ing the action OF Wab sh otli-
oials for attempting to break the
Knights OF Labor ana for causing ths
arrest of members by tho United
States officials like common iolOns.
Congressman William Warner, Of
Kansas City, and General John Nj.
Palmer, Of Springfield, Illinois, were
requested by resolution 60 defend tho
imprisoned and psrseouted knights,
to prosecute tho Wabash railway for
conspiracy, end to impesch Judges
Treat, Brewer and Kevel, q. j. Rus
sell, OF the Gould syRtam COM
mittee, says the WABASH order
issued yesterday was preliminary
to q general order, but he declined TO
| say when the general order would be
issued, or give an idea of its extent.
The committees are awaiting intOrma-
tiOn from branch organizations of the
AhAlA hNp VI iAo1hA INV W ONt
before rescrting 20 extreme measures,
1t is possible that an order calling out
the men on the Gould roads will be
issued shortly.
A Moberly, Missouri, special says
there has be9n no demonstration there
! to-day, as al the Knights
OF Labor employed here on
the Wabash read went out on Juno lG
except %, who went out to-day. There
has been no trouble whatever, and the
men are in hopeful spirits.
A special from Stanberry, Missouri
says Ut IL o'clock (noou) to-day all the
men in the Wabash shops went out
Everything is quiet ana there was nC
| demonstration.
Word has come down from the Wa
bash repair shop, in North 1T. Louis
where only about dozen men are ON
pOyod, that mono of the men
nave gone out. There was only one
Knight OF Labor among them. A dis
patch from Moberly says that tho men
there are still st work. Reports arc
conflicting, growing out of the fact
perhaps, taaJ the hour ordered for the
sttike i5 the regular dinner hour, and
OF course all the men lett the shops foi
dinner, and II will not be known wht
or how many struck uptil after
o'clock, when the men return 90 work
has passed.
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-19
The New Orleans Exposition Claims

The New Orleans Exposition Claims
WASHINGTON, Aug. ls.--Warrants
have been already issued by the treas
ury department. for tho payment of
undisputod claims against the Worlds
exposition at New Orleans, amounting
to $lsS2OO. Thore remains only SCI ,9SS
to bo paid ON account OF claims tho
justice of which Ia admitted by the
managers of tho exposition. The
balance Of the congressional appropri
atious OF $335,O00, amounting to $S5 900,
| WILL he reserved for tho payment OF
spch disputed claims as may be found
| lust and equal.
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-19
MILLINERY.
All our Pattern Hats, Ss,75; worth from
81. so to SIC.
Satin Plaid Sash Ribbon, soc; werth$l.
Untrimmed Hats from &c.
Fancy Goods.

Fine Viennese Sample Fans, hand pain
ted, from SOC to s..
A lot of Samples OF Fine Colored Bor-
dered HRndkerchiefs at Exc; worth from
2jc tol0c.
Ladies' SIX Mtts, Csc pair.
Ladies' silk Gloves, l2.button length, at
SOC pairi worth sl.5O.
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-19
A GENERAL ORDER.

Tho Wabash road has only two very
ANAL repair shops and small round
house here, employing, all told, so men.
It therefore cuts but slight figure. All
those mon remained at work to-day,
and there is not likely TO be any trou-
ul9 at this point. The general execu-
tive committee OF the Knights OF La.
Dor were in session again this after-
noon and tonight, and formulated
and issuod the following:
OH8o o the Secretary and TIeasnror, st.
Lopia.-To all Whom II May Concern,
Greetings:
Owing q. the persistent fight of The
Wabash company against tho Knights
OF labor, the general executive BOARD
doom Il advisable 20 issue the follow
ing order 90 all assemblies on the
Union Pacific railway and 20 tho
Gould Southwestern system:
| 10 ell AgCm bh5s on the Above iAnee
All Knights OF Labor in the employ
OF tho Union Pacific and its branches,
and tho Gould Southwestern Byaiem,
or 8ny other railway, musl
remgO 10 repsir or haudle ia
any manner Wabash rolling stoc uh-
tii further orders from the general ex
ocutive board; and II this order is an.
tsgonized by the company through
any Of is officials, your executive
committee Is hereby ordered TO call
out all Knights of Labor on the Gbov,
| systems without further action.
BY order Of the general executive
| board.
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-19
RsG. BAYNE, ]. T. IRRELEVANT, JR
L kiRreRdent. Vice-P President,
e. h. REARDoN, Cashier.
Dallas Nat'nl Bank
ACCOUNTS OF
heSChaHS and Individuals Solicited.
ACCOUNTS OF

DIREcToRs: s. G. Bayne, w. b. Wor-
Aham, X. Ferguson, A. J. Porter, ]. I.
GfeSsyant, Jr.i i. I. Marsalis, Alfred Davis,
o, A. Keating, ". M. Rsardon.
Th9 following arc prominent subscribers
70 the stock of this bank.
q. NJ. TROUTMAN, Presldont Central
National Bank, Philadelphia.
i. ". BROWN, OF PrOvidant Life and
5rugt Co, Philadelphia.
W. a, PULLMAN, PreA,deut Seaboard
Bank, New York
JAMES %. aRANNIa, Of IIadeGr1en's
EAtional Bank, New YORK.
g, q. BAYNE, President First National
Rark, Bradford, Pa, and Vice. President
Seaboard Bank, New York
LIZ. LA-Wr0N az First National Rank,
OieaD. h. Y,
n. 3. BUTLER, OF First Hatioool Bank,
Oiean, NY.
]. y, HANNA, Of Wen Piow Co., Mont
month, Ill.
ID. O'DAY, Genere, a.1nager National
Transit Company OF United States.
JOS, SEEP. ffhe Nianlnga OH C0.
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-19
Ore 8 Goods.

An.Wool Nuns Yelling and AlbaEos
Cloth, 1870.
Nuns Yelling and Fancy Brocadod
WorEtcds, lOc,
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-19
Goldsmith BROS,
II HE
Sale Of the Seas ON

We have made purchases goods at large Clear.
Sales in New York. selecting carefully Om among offerings
those goods best adapted the We bought fraction oi
theirvalue and we selling them for this month
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-08-19
WITHOUT ONE CENT or PROFIT!

Considering ourselves well roa by the opportunity
convince eade Of Dallas that give the BEST BARGAINS the
most value for the money
Savannah morning news. [volume] (Savannah) 1868-1887, 1885-01-20
4Datrbrs ano 9rmFIrp.
M. STERNBERG, JEWELER.
ELEGANT AND TASTY STOCK.


w Il
Savannah morning news. [volume] (Savannah) 1868-1887, 1885-01-20
PERSONAL.

JAMES RUSSELL LOWELL and Mrs. Lowell
will visit Boston before the winter is over.
Foster DEWEY, the old secretary OF VIM.
NJ Tweed, Is a distinguished backgammon
player in New York.
Young PRINCE AUGUSTIN ITCRBIDE will
finish his law studies in Washington and then
90 back to Mexico to make his home.
LORD SHERBRooKE is to marry, at the age of
%, his young amanuensls, Miss Sneyd. His
lordship's relatives think there is something
snde about 1t.
PRINCE ALBERT VICTOR of Wales wants to
be a lawyer. He will enter as student at the
Inner Temple, but will not go through any OF
the examinations necessary previous to call
to the bar.
CONNIE GILCHRIsT, the English actress, has
Just Been married to a stock broker, upon
which occasion former admlrcr, we'll
known duke, is said to have sent her mar
rage present Of $4,000. He must have been
precious glad to get rid of her.
Mr.. PENG was the bridegroom in what
seems to have been a high-tOned wedding re-
Gently celebrated In Shanghai. Our esteemed
contemporary, the Celestial Empire, says:
Mr.. Peng is scion of the celebrated family
of that name which boasts of nine Han Inns
and two Chuang Yuans or Optlmus IN nine
generations.
REPLICAs of the bust of LOngfellOw, by
Thomas Brock, A. II. A., now in Westmin-
ster Abbey, are shortly expected here by
steamer, having been forwarded by the
Maine Historical Society and TO the authOri-
ties of the Harvard University by Mr.. Francis
BennOch in behalf of the contributors TO the
English Longfellew Memorial Fund. They
are accompanied by letters of presentation
signed by the Prince OF Wales.
PRINCE BISMARCK relates that one OF his
former Wallets begged him for a lease Of an inn
on his property at VarZin. "As soon as he
became the tenant Of the inn, which used to
yield 1000 marks, he betOOk himself, in his
capacity of my eX-valet, to the study of poll
tics. He subscribed to all kinds Of newspa-
pers and passed his time sitting in large
armchair reading them. When guests arrived
he treated them insolently for disturbing him.
lord and travellers took good care not to
enter the inn. He now earns scarcely enough
TO nav for his newspapers. AS to myself,
to nav his rent"
Savannah morning news. [volume] (Savannah) 1868-1887, 1885-01-20
CAMERON AID BUTLER.
The Friendship Betwesn the Pennsyl-
vania and south Carolina senators.

The Friendship Betwe'n the Pennsyl-
vania and south Carolina Senators.
NEW YORK, Jan. 1.-THE reelection Of
Don Cameron to the United States Senate
from Pennsylvania, and the effort of some
of his party associates to have his friend
ship for Senator Butler, of South Caro-
lima, count against him, revives the story
of the Butler-PattersOn contest, in which
Cameron took the side of Butler and de-
feated Patterson's effort to capture the
seat. Many people couldn't understand
Cameron's position, but the truth is, that
old Simon, the father of Don, was at the
bottom of the matter, using his influence
for Butler.
When the contest became prominent
old Simon hurried to Washington and in
terviewed his son in this manner; don,
l want you to see that justice is done
senator Butler. Thirty years ago his
uncle, Judge Butler, then United states
Senator from South Carolina, was one OF
the most influential men in his party and
was Chairman OF the Committee on Con-
tested Seats. My right 10 a seat was con-
tested, and. though the Senate was
strongly Democratic. Judge Butler stood
up against bis party associates and Sc
cured me a just decision, and L got the
seat. That was 30 years ago, put dOn>t
want Cameron to permit an injustice TO
be done to Senator Buffers nephew,
whose seat is now contested. If Butler is
not fairly elected a Senator of course |
ask nothing tor him; but if he is entitled
to the place do not let any party feeling
keep you from helping give it to him."
Don voted and worked for Butler, and
although the Senate was Republican he
was given the seat and the second gener-
alton of Senators are as warm
friends as were the father and uncle.
When CamerOn's health was very bad
Butler paired with him and as
serted his determination to do so and
continue the pair as long as Cameron
desired, even though the Senate was a
tie, and Butler, by taking advantage OF his
friends illness, could have thrown the
Senate into the hands of his own party.
This story was told in Harrisburg, but
the partisans who tried to use it to the
prejudice of Don. Cameron signally failed.
Savannah morning news. [volume] (Savannah) 1868-1887, 1885-01-20

The outlook tor the railroads this year
Is not very encouraging. Competition
tor business is so great that it IS with the
greatest difficulty that rates can be kept
at a point at which actual expenses can
Be paid.
At present the competition between the
trunk lines leading from New \ Ork to the
West and south has brought on great
rate war that threatens to leave stock
holders without dividends and bOndhOld-
ers without interest. on Saturday the
rate for emigrants from New York to
Chicago was reduced to 81. That rate
makes the emigrant happy, but it
brings sorrow to the heart of all
who are in any way interested
in the roads engaged in the rate war.
This emigrant rate is the lowest ever
known in the his tory of railroads In this
or any other country. The reduction in
the rate for emigrants is not the whole
story. First-class passenger rates to all
points West and South have been greatly
reduced.
1t is said that Wall street brokers are
without business. 1t is a wonder how
some of them manage to keep their offices
and support their families. But who
VIII buy railroad securities or even spec
ulate in them as long as the future OF
railroad property is so uncertain!
Very few railroads paid dividends last
year. and the majority of those that did
paid less than the year before. If the
ruinous rate war continues very long not
only will there be no dividends, but some
roads, now apparently in a good financial
condition, Will be in the hands of re-
ceivers before next New Years day.
Ofcourse people are not going to invest
in railroad stocks and bonds as long as
there is grave doubt about what such
securities will be worth one month or six
months hence.