The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1901-11-13
MONEY KINGS FEUD.
Battle Royal Between Keene and
Whitney Carried TO Polls.
How The QUARREL STARTED.

asd In POLITICS
T. James q Enens TIE success 0f
the fusion ticket 20 tlr late eiecl IDn iu
Hcw York came ~ y sDotlIug balm.
says the New YORK Herald 10 him
the overthrow ~ ihc TammIny organ
iystiOn signided mainly fb. discount
tafe u William & WAuney ubD had
esp0used The Shepard clu.n and be.
tween whom and hlmsoif there exists
fcud 30 finance. in sport and 60 poll.
tics ~ bitter ln its Intensity that any
cause championed by Mr whitney is
sure ~ fnd ar opponent in Air Keeuc.
Strange stories are told In Wall street
of the asslstonce rendered ~ the fu-
sion candidates. and especially 20 VII
liam Trnvers Jerome. b. Mr. Keene.
The well known operator BE- said t.
have opened bis purse on the very day
that Nr. whitney declared FOR Shep-
ard aud be is credited with generous
contributions 10 the campaign fund.
But. what IL Of more importance. Mr.
Kcene is said 10 have aided Arr. Je-
rome with advice. given through mn-
tui 'rlends. and b. have kept him Boo.
formed concerning certain happenings
in which be believed the fusion candi.
dates interests were Involved.
II transpires that friends ~ Mr.
Keene furnished Judge Jcrsme with
the Information that Scnntor Platt and
Mr.. Whitney had met ~ the Office of
Thomas r. Ryan. u was asserted. to
plan his defeat aud that Judge Ie.
rome's attack on Pish aud whitney
was inspired from the same quarter.
Whaievcr part Mr Keene may have
played. bis motives are easily traced by
men Ia Wall street. n was said by
those processing 20 know that the con.
ference between senator Plat and Mr.
whitney had no direct bearing on Judge
Jeromes candidacy. hut that AIr
Keene's friends. recognizing Ia the can
dldatc for district attorney an able ally.
concluded to array him against Mr.
whitney by telling only half the truth
At all events. MFR. Kccne and his
friends see In the result Of the election
personal triumph over Mr. Whitney
and his associates In the Metropolitan
Street Railway company, aud they re-.
joice accordingly
Bad feeling between Mr Kepne and
Mr. whitney was ougondered in the
spring Of 1893. having us origin in Mr.
Kecne's manipulation ~ Metropolitan
stock. Az that time here wns pool
In This stock. aud NJ Noene was th"
field mnrshnl OF the traction forces on
the noor OF the Stock Exchange lie
engineered n bull movement In the So.
curity. and on Fob. II Metropolitan
touched l71ia. suddenly and without
warning that day large quantity ot
the stock was thrown on the market
aud the price broke to lj1.
II was seven months later that the
real break Ia tho relations OF Mr.
whitney and the pool manager oc-
cured This time there was mo- qulb-
bling, charges of bad faith were made
oE both sides and the foundation was
laid FOR the fcud. which has been
wagCd bitterly ever since.
For several months Mr. Kocne had
been manipulating the stock Of the
American Tobacco company. In which
Mt Whitney and bis friends were
largely Interested Under his guid.
bncc quotations Had been raised to m
unprecedented level. aud In the latter
part Of September, 1898. plans for cou.
trolling the tobacco industry of the
country and executing a sensational
coup Ia the stock market were well
under way. MIR. Kecnc was the only
member Of the pool to figure openly I'm
this transaction.
Mr.. keene himself explained the
situation In an interview published In
The Herald at the tlmc.
The detection of any one large hold
or OF tobacco stock" he said, would
naturally produce serious consequences
IA the market when the most in
dLbtahlo evidence was furnished 10
me that one or two members Of the
pool had sold | sold my stock, and aid
u promptly, at between SlI5 and Sl3G
4 share"
MIR. keene is said 60 have purchased
his stock some forty thousand shares
at approximately So Il share. and his
profits were estimated TO be not fa,'
from 81 100000. MIR. Whitncy's broth.
cr-in-lnw, oliver III. Payne ana Mcssrs.
Duke, Schley and Terrell, representing
various Interests. were seriously EN-
barrassed hy Mr.. Keenc's prccipitatc
selling, which upset for the time be-
ing ~ least the ambitious plans OF
the pool.
When taken 60 task by Mr. Whitney.
as the Wall street legend runs, Mr.
Keenc is said TO have putfcd his cigar
nonchalantly ana replied: why, Ger.
talnly | sold. when 20 into n race Of
this kind, never permit myself TO be
left at the post"
Whatever the facts may be Il is Ger
tain that no quarter has been given In
the battle royal In which these glad
iators Of finance have been engaged
since the fall of lS9S on the floor Of the