Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1891-10-29
HOW MONEY TALKS.
The BETTING ON NEW YORK AND
PENNSYLVANIA.
"''oenoe OF stakeholder BILLY Edw ards,
OF the Hoffman House-How tho
Odds ictions.


| Odds stand-Predictions.
Betting in New York on the result of
tho State election. says q telegram to
the Philadelphia Times, is not as brisk
MS 1t was last week. Both sides the
nearer election-day approaches appear
10 become more nervous as to the result.
! FROM TINS condition of affairs the FREE
qucnt prophecy is made that the contest
VIII be very close. However this may
be, the fact remains that there is still a
large amount OF Democratic money
ready to TO staked at heavy odds
which IS unclaimed by Republi-
cans. Most of this is in tho
hands OF Billy Edwards. the gentle
manly gladiator of the Hoffman House
cdfe. Every election time this dapper.
quiet-voiced, genilemanly little English
man, who gained high renown in the
+ prlzc'rlng but who for years has main
tanned order in Mr.. Stokess alcoholic art
! gallery by never raising either his hand
or his voice, holds in his hands a small
fortune placed there by Democrats and
Republicans alike with equal confidence
asked him today his views upon the
! situation as one who nightly rubs against
men OF every calibre and of differing
political faith. With a smllo he an
swered
81 don't know anything about poll
frO ha
manner in which the money talks. 1t is
not always a safe rule to be guided by,
but in most cases it tells the story III adj
vance. This year, so far as New York
State is concerned, the Democrats are
! pushing the betting. In every instance
they have given heavy odds. The Re-
! publicans say they are certain TO win,
hut they don't appear to he anxious TO
stake their money upon their belief. |
am now stakeholder for very large
/ number OF bets. but | still have in my
! posses sion S20, 600 of Democratic money
which the Republicans don't appear to
he anxious TO cover, although odds Of
| ten to seven are offered.
BETTING on PENNSYLVANIA FIGHT.
One of the most singular phases OF the
| present aspect Of political wagers i'll this
city is that MANY gamblers and men who
ore noted for placing high stakes upon
election are accepting every opportunity
that offers OF betting that Pennsylvania
will be carried by the Democrats, ask
/ ing, however, odds of three TO five upon
this prediction. This seemed rather
/ singular in view of the fact that New
/ York politicians of both parties who
/ know nothing of the internal public
/ affairs of Pennsylvania except that it is
strong Republican State are inclined
/ to laugh at TIE idea that 1t could he
carried by the Democrats. Yet have
found such men as Ed. Kearney. the
/ ricn auchoneer, who is celebrated for
his large wagers on elections, and other
| Of his kidney making wagers upon Re
public9n defeat in the Keystone State.
These men DO not bet for fun or as a
matte OF sentiment. They view an cleo
! ton as they do q race, and endeavor to
place their money on the winning horse.
/ Inquiry has developed the TACT that d
very well-known Republican leader OF
! Philadelphia. man who made some OF
| the heaviest wagers recorded upon the
success of Harrison in the late presi-
dental election, came to New York re-
Gently and gave quiet "tip" 10 a
| number Of sporting men VINO have
| frequently given him inside IN
formation as to the chances OF
horses running on the race tracks
round about New York. to the effect
that the Republican leaders recognize
the fact that while they might carry
McCrearv through in Philadelphia the
State was hopelessly lost and Repubii-
can success was impossible. This gen
tleman was quoted as saying that If the
| friends he was advising acted cautiously
they could pick up many bets at odds OF
| five to their three and thus make mint
of money.
A REPUBLICANS OPINION.
Naturally ] was somewhat lncredu-
lous as to this statement, although it
rave an explanation OF an odd feature
of the betting conditions of this city.
Yesterday. however, | met the Phlla-
delphia Republican leader referred to
and | openly taxed him with having adj
yised friends in this city to wager their
money on Democratic success in Pennsyl-
vania. His face flushed to the roots OF
his hair. He said : "You will not use
my my name. will you?" Upon my as
sIirance that his identity should remain
a secret he said "What on have
heard is true. We can't escape from
the inevitable. There is no chance
whatever of saving the Republican can
didates in the State. We may pull Nc
Crearv through on account of his per
sonal strength and popularity. but the
State candidates are already defeated.
q saw no reason why some friends in
New York VINO have been kind to me
and who like to wager money on cleo
tions should not profit by the result and
therefore | took the trouble to come
over here and give them the benefit OF
name known, because it would ruin me
I .x;.L ,,,y mart q ~