davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20
A Story of Oliver Hampton Smith.

Oliver Hampton Smith was elected senator
from Indiana in 1886 When the election
was over Smith, who was good lawyer and
had been in congress eight or ten years be
fore, took drove of hogs down to Cincin-
natl, going on foot all the way On the way
he arrived at a tavern, covered with mud,
unwashed and unshaven for many days
The crowd surrounded him, eager for the
news of the election. WHO'S senator? Hen
dricks?" mo" "Nobiea" "No." "Who,
theng 81 am" There was a dead silence
for a moment, and then one asked: 'Who
are you9" A stump speech, delivered with
all the mud still clinging to his face and
clothes, was necessary to convince them OF
his right to the title of senator in the con
gress of the United States.-San Francisco
Argonaut
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20

then buy it in and make the road efficient and
profitable The stocks, of course, went up,
and the conspirators realized handsomely.
This was only one way, however, and could
not last long; it was followed by the system
of ''paralleling" and consolidation. A road
was projected to parallel as near as possible
one already established and in operation, the
owners of the old road would have to buy out
the new or sustain still heavier losses.
In the seven years following the great
panic of 1878 the country grew up to" its
railroads-that is, production so far increased
that, aided by the seven years of short crops
in western Europe and the consequent in
creased shipments of grain, it made the ex-
isting railroads profitable. Then set in new
era of speculative railroad building, and
many new men came to the front. OF many
of these it is no SANDER to say that their
methods were as near the line of actual fraud
as the law would allow, and they had the
best attorneys to tell them just how far they
could go; but every now and then one
stepped over the line and got his foot into the
legal net. 1t is extremely difficult to convict
a man who deals in millions, but it does
sometimes happen.
IVES, THE YOUNG NAPOLEON"
Of all the young operators in railroads no
other has had career that compares in
srilliancy with that Of Henry 8. Ives-the
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20
AMBITIOUS MR.. IVES.
" By That Sin Fell the Angels,
and so Did He.
THE NAPOLEON OF FINANCE.
Invention of Railroad Wrecking and Other
New Swindles-Rise and Reign of
Various Napoleons.

Henry Ward Beecher, in sermon soon
after the close OF the war, ventured predic-
ton that Americans were about to invent
some entirely new varieties of crime. He
said, in effect, that as u rapid increase in the
area of wheat growing resulted in the de-
velopment of unsupported insects destructive
to wheat, and as continuous cultivation of
potatoes or other roots on the same soil pro-
duced new enemies of those roots, so a rapid
increase of wealth was soon followed by an
equally rapid increase of burglars and swim
dlers, and the marvellous development of rail
roads would evolve or give occasion for orig
inal and ingenious trickery, which would for
a time defeat the ingenuity of law makers.
1t was prediction based on the principles
of social science and has been strikingly full
filed. The first trouble, however, was of the
nature of laundering rather than crime-it
might be called 'overproduction. Railroads
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20
Domestic and FOREIGN Coin.
The following are the latest market
quotations for American and other coin:
Trade in the East.

Advices from New York are to the effect
that the outward movement of products is
large. Big investments of foreign capital
in American enterprises are reported.
Reports do not indicate increasing pres
sure in the interior money markets, for
though tightness at Philadelphia consider
able stringency. at Cleveland continues,
and the market is firm at Boston, and the
demand is active at all cities reporting, the
supply at nearly all is ample, and the an
icipated rise in rates at Chicago does not
yet occur. At Philadelphia, there is a
more confident feeling. The volume of
trade is increasing at nearly all interior
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20

looking, specialized like student and delicate
of contour, he looks anything but ''Napo-
leon" or a criminal. In his own Office he
was frequently mistaken for one of the
younger clerks. Except that be is rather
too delicate for man, he is decidedly good
looking; in repose there is an air of modesty
about him, but when he talks his face
takes on a very determined appearance and
his tone indicates the most sublime self
confidence. He undoubtedly belongs to the
Napoleon and Bismarck class of men, the
class that can influence much older men and
devise new methods of attaining their ends as
fast as old ones fail.
The cuts accompanying this article are
from sketches taken during the trial espe
cially for this paper by V. Grlbayedof, with
the exception of the portrait of Ives, which
is from photograph.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20
The Would Be Mum.

A little Maine girl, visiting New York re-
Gently, went to the theatre two or three
times On her return home she was reluctant
to go to church on Sunday, and made the re-
mark that ''she liked those meetings best
where the curtains rose" Her father, who
was leading church member, cautioned her
about making that remark when callers were
present. Shortly after the minister was
shown in and the little girl entertained him a
while alone When her father entered the
room she said, Papa, I've told the minister
all about my visit to New York, but didn't
say anything about the, meetings where the
curtain rose, and l amt Is going to, either.
-Rockland (Me.) Free Press.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20

Napoleon of Finance" as his admirers call
him. Everything about him is phenomenal
his precocity, his GOODNESS and nerve, the
magnitude of his schemes and the success he
had in inducing old and shrewd financiers to
join with him. He is but IS years old, yet if
half his enemies say is true, he is one Of the
most adroit schemers that ever sheared
Wall street lamb; and if half his admirers
claim is true he is the most talented and far
seeing fnancier of the age as well as the
most cruelty prosecuted. In 1882 he was
mere office boy, well paid at So week; in
1887 he failed for $17,OO0,0OOl He has been
member of three active firms, has organized
an extensive and successful pool, has been
the manager of railroad company and
wound up by spending some months in
prison and standing trial for issuing fraud
ulent stock certificates
IVES CAREER
Ives is native Of Litchfeld, Conn, made
his first appearance In New York near ten
years ago and became a messenger in Harper
Brothers establishment. BE 5=zs OBJ
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20
LAcONic.
The Gotham o@:ce Boy and His Pecuii-
aritisS illustrated.


In one Of the biggest law offices in this city
there is employed a little pale faced boy
whose bright eyes are forever on the alert to
detect something He doesn't care much
what it is so that it violates some of the rules
laid down by his employers or seems to him
to be wrong or needful of correction. His
contempt for wealth and power is unsur-
passed and he will detect some slight frac-
ture of the rules by famous man and chide
him as quickly as though he were the poor
est client on the list of his employers. His
little desk is near the entrance, and here he
sits throughout the day with his pointed chin
in his hands and his eyes fixed upon some
bloody tale of hairbreadth escapes. But his
wits are always ON edge, and the fall of the
ightest footstep without causes him TO prick
up his ears ard listen with every fiber OF his
body. When the person enters he asks.
who did you wish to seef
"Mr ="
What did you wish to see him a5outI'
al will tell him"
''Very we'll"
Then the boy resumes his reading, and the
visitor, after puzzled glance at the row OF
little offices, says:
here and would like TO see him"
"What abouts"
BLESS your impudence, what's that to
youF"
The boy returns YEARLY to his book and
pays no further attention to anything out
side of it until Mr.. Smith weakens and says
Tell him | want To see him about the
Blank matter"
Then the boy looks up and says, with an
air of renewed interest in life:
"Oh, but | can't, cause Mr. - isn't in.
He has just stepped out"
when will he be ina"
Don't know"
"Will he be in again todayl"
Guess not"
do you know where he isl"
"Yessir"
"Where?"
Europe. New York Sun.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20
Total shipments for the week
NEWS FROM THE MINES.

At the office of Mr.. Hanauer, the week
was reported as very good one. Cotton
wood properties were again heard from :;
Park city, Bingham, Stockton, Frisco and
Tintic sent in their usual shipments, and
in addition to these Nevada was also a
heavy shipper of high grade silver ores
Nevada mine-owners are gradually show
ing their preference for the Salt Lake mar
ket over that of San Francisco, due, of
course, to the fact that better prices are
obtained here than there
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20

A hale old man, MIR. James Wilson of
Aliens Springs, H., who is over sixty years
of age, says: 81 have in my time tried a
great many medicines, some of excellent
quality, but never before did l find any
that would so completely do all that is
claimed for it as Chamberlain's Collie,
Cholera and Diarrhoea Remedy. 1t is truly
wonderful medicine For sale by z. C.
M. l. Drug Department
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20
A SnitahIe Enitaph.

1t has often been said that the chief char
acteristic of the eptaph is its lack of veracity,
but it is perhaps better that it should err on
the side of kindliness rather than wound the
living by brutal truthfulness, as in the case
of an inscription written for the tombstone
of lazy man by one who knew him we'll;
asleep las usual. n-Harper's Magazine.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20
A Good Guess.

Jinks ata party)-You never met my wife,
did youl
Blinks-Wife? 1 didn't know you were
married Is she in the roomg"
Yes
"Well, then, it must be that beautiful crea
ture over there"
by George You hit it the first time
She's the most beautiful woman in the room,
isn't shel"
YES; that's why guessed she was your
wife. You are, by long odds, the homelest
man in the room, and people always marry
that way. New York Weekly.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20
johnnie Knew 1t All.

Wife-John, here is something in this base
ball report that do not understand l wish
you would explain it TO me-
Husband-Read it, my dear.
Wife reading)-''With one to tie and one
out, he reached first in the eighth inning, and
ran to third on Pfeffer's hit to right. He
should have scored on Tiernan's wild throw
in, but became ratified and held his base )"
What does that mean?
Husband who knows nothing of the game)
BLESSED if know.
Wife with i sm I'm have to wait until
Johnnie Is ysArs old comes in. = Boston
Courier
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20
Lead and Silver.

There has been no change in the Salt
Lake lead market. Opening at 1886 a
week ago, it closed at the same figure last
evening.
In ST Louis, the business was quiet ard
of limited character.
In Chicago, the market was fairly active
and values were steady.
Just what effect the recent document of
the secretary will have remains to be seen.
Silver, g.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20
New York General Market.

NEW YORK. Oct. 9.-Coffee-Options opened
steady; October points up, others unchanged;
closed steady, > TO 10 down: Sales. 1900 bags,
including October, 1913; November, Ij.10; De-
cember, 10 05l1l5.l5; January, 1906; spot Rio,
steady, quiet fair cargoes, 1915.
Sugar-Raw, nominal; refined, weak quiet.
Copper-Negected; lake nominal.
Lead-Active easier; domestic 3.SJ.
Tin-Steady; straits, 20.s5.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20
a Novel Invention.

what can do for YOUR asked the horse
railroad president of the seedy looking indi-
vidual before him.
81 have patent life preserver I'd like to
have you adopt for your cars"
But, my dear sir, we don't need them"
mo, sir, you don't now, but you will You
see, I'm weather prophet, and have pre-
dicted unprecedentedly heavy rains for the
autumn, and our streets will be positively
flooded Now"-
But the presidential worm had turned and
the inventor left precipitately. -Harper's
Bazaar.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20
Idaho Bullion.

For the week ending October y, the
Boise City National bank received for as
say at the United States assay Office in this
city, gold bullion amounting to Sc, $50, and
for shipment during the week Sl2,650 in
gold and silver bullion. For the same week
the National bank received for assay from
the Gold Hill Mining company at Quartz
burg, SIC, $50 S9.-Statesman
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20

were built through
the wilderness with
a recklessness that
defied all economic
law; the result was
a crash, and t h e
railroads of the ma
ton which had been
worth, las supposed,
$1,000, 100000, soon
sank to a valuation
of $4,000, 000,-
600. This brought
in the era of "com-
bination, y recon
structionn and
&C ons oil dation,"
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20
4 Conscientious Citizen.

Elated holder of lottery ticket Ito proprie-
tor of saloon where branch office is kept
Well, Muggsy, see my number has won a
$50 prize l suppose you can cash it now as
well as any other time.
Saloon proprietor (busily polishing his de
canters and glasses for the days trade
You'll have to call in tomorrow, Mr.. Ardup.
don't do any lottery business Sunday.
Chicago Tribune.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20
Petroleum.

NEW YORK Oct l9.-Petroleum opened steady
at 995s and moved up slightly in the early trad
ing and then became quiet and closed steady at
100.
The stock exchange opened az 992i, highest
1O0l4, lowest 9944, closing at 100 Consolidated
exchange opened at 1905, highest lGlli low
est 99@s, closing at 99a4. Total sales $4,000
barrels.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20

tanned position IN Wall street bank, but
changed rapidly till he had been in several
offices. He next became member of the
firm of Meeker, Ives & Co., but early in 1874
organized the now notorious firm of Henry
S. Ives & Co.
The "Co.n included George H Stayner and
Tom C. Doremus. E. Wilson Woodruff, who
had previously been a partner of Ives, was
still his confidential man; and in June, 1856,
they organized syndicate and obtained q
controlling interest in the Cincinnati, Hamil,
ton and DAYTON road, which, according to
Woodruff, they proceeded to wreck most
Systematically All that need be stated
here as certainly known Is t,lat the stock
fuctuated beyond anything known in Wall
street since the wonderful times OF Pacific
Mail"
In the meantime, however, they had
formed the noted pool" in telegraph stock,
and Doremus, member of the Stock Ex-
change, had managed the matter there His
methods were SO peculiar however, that the
board expelled him, the expulsion to con-
tinue in force while he retained his connec-
tion with Ives He was restored, how
ever, to the privileges of the Exchange with
out breaking with Ives Their next move
was to attempt the so-called Baltimore and
Ohio combine"-that is, to get the latter
road, the c., H. and D. and the Vandalia
lines all under one management The crash
came Aug. Ii, 1887. The firm failed for
Sl7,OOO,OOO.
The main testimony for the prosecution in
the trial of Ives just ended was that of Wood
ruff, who confessed in open court that he was
the liar in general for the firm; that he COM
mitted perjury in swearing to fabrications
on all the early trials in which he was wit
ness, and as it has been clearly proved that
he committed perjury on several points in
the last trial, one may be justified in taking
what he says against himself as true and give
all others the benefit of the doubt He swore
on the trial that after making Stayner presi-
dent, Ives vice president and himself secretary
treasurer of the c., H. & D., they systemati-
cally cooked" accounts, borrowed illegally
and manufactured fraudulent stock as they
happened to need it. Much of this stock, of
course, went into the hands of innocent pur-
chasers. And on the specific charge of man.
ufacturing some SGOOOO worth of this fraud
ulent stock on June 81, 1856, in tine upper
room OF Stayner's house in Brooklyn, Ives
was finally brought to trial.
In rebuttal of this damaging testimony of
Woodruff, Ives set up an alibi, the refuge of
alleged offenders against criminal law from
time immeInorial and brought sleeping car
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20
Chicago Live Stock.

CHICAGO, Oct. 9-Cattle-Receipts 35Oo;
steady; choice to extra beeves, 450l1 800; steers
3OO61425; stockers and feeders, 1901. 90; Texas
cattle, 1905. IS; western rangers 2.50@4.00.
mixed, 4.OlG440; heavy, 3.S56A25; light, 395
04.40.
Sheep = Receipts. 1,5O0; firm; natives
3.0oG5.O0; western, S50G4.15; Texans, 3.2SD4.00
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20
ANNUAL MEETING OF ST
ELDORAD0 LAND AND WATER.
RS

Notice is hereby given that the annual
meeting of stockholders of the Eldorado
Land and Water company will be held on
Thursday, the 24th day of October 1889, at
two o'clock p. M, at the Office of the com
pany, "a East First South street, city Of
Salt Lake, for the transaction of regular
and such other business as may come be
fore the meeting. W. A. PARKHURsT,
Secretary, Eldorado L. g. w. Co.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20
Boston Quotations.

BOSTON Oct. l9.-Closing prices: Atchison,
Topeka g. Santa Fe first sevens, Ito; Atchi-
son, Topeka Santa Fe land grant sevens, 1923;
Atchison, Topeka & Santa Fe railroad, 3lA
Burlington, LOG; Mexican Central common
4O4; Mexican Central bond scrip, -; Mexican
Central first mortgage bonds, CO; San Diego
"a
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20
BUSINESS LAWS pEEIEp.

panic.
BUSINESS LAWS DEFIED
To the newspaper readers of lS66-'72 the
very name Erie calls up a vision of most
extraordinary defiance of law and business
methods. The British stockholders were
crowded out" legislatures V ere corrupted,
judges were appointed for the purpose Of
looking out for the interests of the ERIE
clique and the volume of stock was, as far
as the public can learn, arbitrarily increased
or diminished at the will of few men. At
length, despairing of relief by legal meth DDS,
the defrauded stockholders, under the lead of
Gen. Daniel Sichles, boldly organized a revo-
lution-it can scarcely he called by any other
name-and seized the property. The revolu-
ton in the roads affairs was almost contem
porary with a judicial and municipal revo-
luton in New York city; the moral atmos-
phere was purified and "Erie' ceased to be
the great sensation.
The Credit Mobilier scandal just preceded
the panic and exposed another new method
of swindling-a wheel within a wheel, as it
were; a set of men who formed the known
and Ostensible company organized an Inside
company" and let profitable contracts to
themselves. Then came the railroad wrecker
i'll his completely developed state The plan
was 30 get control of a road, mismanage its
business TIL its stock became almost valueless,
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20
Bank Statement.

| NEW YORK Oct. l9.-Thc weekly bank state
ment shows the reserve increase to be Il. 625
900: special increase. 81 90 DO The banks hold
| $4,000 in excess of the p percent. rule.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20
A Pleasant Shave.

with that razor?
Barber-Why, boss, Is used to de fits.
1.-THE fits?n
Eyes, boss; but don't be scarf; it is ten
minutes befor' dey come on. Jis you res
easy; OATS jis de symptom. Light.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20
New York Stock Exchange.

NEW YORK, Oct I9.-The stock market was
quiet to-day but feverish and irregular, with
considerable weakness in coal stocks and
grangers, while trusts and the rest of the regular
list were in the man firm TO strong. Closing
figures were generally close to those OF the
opening.
Government bonds dull and steady.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20
Mining stocks.

NEW YORK. Oct. 19-Mining quotations:
Aspen. $3.50; Best Belcher, e 25; Chollar 81 40;
Consolidated California & Virginia, $500;
Homestake. 5000; Horn Silver, Sl.25; Mexican.
1895; Mutual, Sl.40; Ontario, S3iOO Ophir,
800.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20

Mrs. WINsLow's SOOTHING SYRUP should
always be used for children teething. 1t
soothes the child, softens the gumes, allays
all pain, cures wind collie, and is the best
remedy for Diarrn9a. Twenty-Five cents
bottle.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20
THE BUS AND TRANSFER BUSINESS

OF Salt Lake City is now conducted by the
Grant Bros. Company. We meet all trains
and run to all hotels. Best livery, carriage
and horse service. ORDER CARRIAGE FROM
ouR TRAIN MEN.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20

Chicago Produce Market.

CHICAGO, Oct. l9-1:l5 p. m. - Wheat
Steady, October, 1911; December, s1A; May
0Corn-steady; October, sO4 November so9s
May. 32s.
Oats-Steady; October, lSla; November, 1871
May, 21f.
Barley-November, ca.
Pork-Steady; October, HOO; November, $40
January, 9:47l2.
Lard-steady; October, 6,2a4; January,
5.92!r.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20

The Woodside is beginning to attract at
tention in the New York markets-the re
suit of the recent dividend.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20
Money Market.

NEW YORK, Oct 19.-Money on call easy,
with no loans
Prime mercantile paper. 5isQs7.
Sterling exchange, quiet, heavy: Sixty-day
bills, 4.Sl54; demand 4S5ll.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20

The Beck goes on in its usual way. The
ore is said to be increasing in value almost
daily.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20

A few shares changed hands at $40; the
stock is in demand at that figure, yet there
are few who care to sell.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20
MARKET REPORTS.

Carload of fresh grass seed just received
at Bailey & Son.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20
The Nathan.
The Orc Fine

A shipment from this Nevada mine
showed 10 lead and 2l5 silver
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20
Liverpool Grain
Advice to Mothers.

LIVERPOOL, Oct 19-Wheat-Quiet and I'm
changed.
Corn-Steady. but quiet and unchanged.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20
The Eureka Hill.
The Caroline.

There is nothing new to be said of tn,
Eureka. Nothing need be.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20
The Horn Silver.

There were the usual shipments. II
New York. the stock has been quiet a
30.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1889-10-20

A sixty ton lot came from Beck's Caro-
line. The els similar in character to tina
of the Bullion-Beck.