The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1888-08-23
SIGNS OF THE TIMES.
THE HERALD,
Salt Lake City, Utah

6lmply IuS noduS ny hAASA SOAhO POO
pie express their confidence in certain
things, persons or events, and the
announcements that So-and-so is put
ting Up a certain quantity of money or
other valusb,es against like COM
modities b .lcnging to some one else on
the happening Ct certain circum-
stances, is OF itself matter
of no special consequence to
those in search Of intorma-
ton. 1t is, then, only a CUES
ton as 10 whether or not those who
thus place their money or valuables
are better informed than others and by
such means are seeking to increase
their capital, to those who are not en-
gagged in that kind of business. If the
professional gambler, or to modify it,
bettor, places large odds or any odds
upon a certain event TO come, it is only
useful to tee average citizen as a
''pointer." Relying upon the fact that
ne who bets has made a study of the
subject in contr 0versy, others are at
liberty to accept his risk and conse-
quently his Judgment as being carefully
and deliberately formed for among the
best Of all human reasons-that he ex-
poets to profit thereby. This it is that
makes such widespread wagering as
occurs just before any important event
in this country subject of noteworthy
interest AMI concern.
The wires of late have been ominously
silent on the subject of how the great
spectators in the east and west were
placing their money with reference to
the impending Presidential election,
albeit they are burdened day after day
with reported 'flops" from the Demo
cratic to the Republican party. The
general reader is apprised of the facts
which reach US by mail every day that
there is a great deal of "fopping"
going on the other way, and that many
of these relate to men and newspapers
high in social and literary circles; il
fact, that these latter incidents greatly
outnumber the others. That is the
reason the telegraph does not bring
them. All great capitalistic concerns,
all monopolies, and absolutely all
''Irusts" are for the Republican cause,
because they are of it and by it.
and the Associated Press does
not propose to stand in its own light.
1t is for Harrison, just as it was for
Blaine, for Garfield, for Hayes and for
Grant. It does not now send US word
or give US ali intimation of how betting
stands in professional circles for
obvious reasons. 1t gave such spicy
details for few days after both candi
dates werein the field, then dropped it.
It is extending much too much charity
to say that the dropping was because
such information is not specially
moral, because we receive from that
same source continually details of
prize fights from the first round and
the first blood to the Knockout, and all
kinds of horrible, exciting scandalous
and prurient events; nor can it be that
it regards such matter as uninteresting,
because to great many people 1t is very
interesting, and the A. P. so regarded
1t for a while. No; there is another and
more apparent reason. 1t is because
such information produces an impress
sion, and that impression adverse to
the Republican party. Only that and
nothing more.
A gentleman recently from California
one who mingles with the moneyed
class and represents a large syndi-
cate there-17ss in this city yesterday,
and he impaired some information that
was refreshing, not because of it,
quality particularly, but because it wa
somewhat ont of the regular order of
the news bureaUx which transmit their
intelligence by wire. He announced
that the president of a prominent
bank of San Francisco and a mil
lionsir many times over, is anx-
ious. but in vain, to have some
body cover his money at frightful
OQQc dSoluSb A1I1oC4A OA4 ZIG 6CAO1 Oh
result of the Presidential contest,
b beng willing to venture thousands.
or even millions. on Cleveland's sue
cess. He is also willing, as our inform
ant states, to bet two to one that the
Democrats carry California and greater
odds that they carry Indiana. AS be
gets no takers, he proposes to go
through the State on blackboard and
take all the wagers, great and small, he
can get, on the best terms he can OBJ
tain, against the success OF the Democ-
racy in November. Now, as we SAID
before, this is not argument, nor is it
necessarily an indication of how things
are going; but it is an indication of one
mans faith and is but reflex of that
of many more, and We don't get these
things by telegraph.
L L. Il, l. &1,o