Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1890-01-10

high when solder securities were selling be-
low par.
The management, assisted by the entire E.
& w. clique, laughed all such "bear" stories
to scorn, and when scorn seemed somewhat.
insufficient they greatly increased the volume
Of sales and maintained the price by the IA
miliar, simple, but generally successful ex-
pedent OF buying from one another through
many different brokers in the stock market
The bear party rallied within day or two,
and returned to the charge with an entirely
new set of lies, besides an accidental truth or
two; but the L. & w. clique was something
of liar itself, and arranged for simultaneous
delivery, at different points on the street, of
a lot Of stories so full of new mineral develop
ments on the line Of the road, ana SO many
new evidences of the arrangements shrewd
ness, that criticism was silenced for while
But bears must live as well as bulls, and
the longer they remain hungry the harder
they are sure to fight for their prey; 80 the
street was soon favored with a fresh assort-
ulent Of rumors. This time they concerned
themselves principally with the alleged bad
condition of the track and rolling stock in
the west, and with doubts as to the mineral
deposits said to have been discovered. The
market was reminded that other railroad
companies, by scores had made all sorts of
brilliant discoveries and announcements that
had failed to materialize. and that some of
these roads had been managed by hands that
now seemed to be controlling Z. &W.
Z Then the E. & w. management lost its
ordinary temper and accused the bears of
malignant faisehood. There was nothing
unusual in this. In a locality where NO one Is
ever suspected Of telling the truth while he
can make anything BY living. When. how.
ever, E. & W. issued invitations to large
operators, particularly in the company,s
stock, for a special excursion over the road.
with opportunities for thorough inyestiga-
ton, the bears growled sullenly and began
to look for living elsewhere
The excursion start was grand success in
the eyes of Mr.. Marge. who made with it his
first trip In the capacs.y Of an investigating
investor. There wore men on tiss train to
whom Marge had in other days scarcely dared
to lift his eyes in Wall street, yet now they
treated him as an equal, not only socially but
financially. He saw his own name In news
papers Of cities through which the party
passed; his name had appeared in print BE-
fore, but only among lists Of guests at par
ties. or as usher or bridegroom's best man
at . wedding-not as q fnancier. It was
gratifying, too, to have presented to him some
presidents Of western banks who joined the
party and be named to these inanciees as
one OF the most prominent investors in E
q W
He saw more, too, Of his own country than
ever before; bis eyes and wits were quick
enough to make him enter heartily into the
spirit Of a new enterprise or two which some
Of the Z. & W. directors with the party were
projecting. It might retard a little his accu-
mutation OF =. & W. stock, but the difference
would be In his favor in the end. To 'sget In
on the ground hoor" OF some great enterprise
had been bis darling idea for years; he bad
nopeo tor II as unwearying asfor rich wife;
now at last his desire was to be granted; the
tlcn ~ue wouio % easy enough 70 nno afser
. ~ a ss o. LNn onacc'1neo
snoogn ne was 70 s,umoefing WIN !oiunS
~ unoer num- MS dreams N the sleeping car
were roser tlian any ne nao Known since the