davidaulloa/AmericanStories huggingface dataset:
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-10-30
Year OF Plenty for j. p a ase4.@i BIZ P'e ea@


New York. October s6.-The year cf 1909 will
be banner year for J. Pierpout Morgan. II
~ill be one that the great fnancier win remember
WIN Joy all his life for up to today the firm Of
J. = Morgan & Co. has cleared s4sIoo.ooo in
profits from the great combinations tbat he has
ensineered' This is outside of the interest from
Investments the amount Of which no one I,,as's
MIR. Morgan is director, trustee or ofscer - :,
companies whose combined capitalization amounts
ms greatest profit was made in the nromo,io,
o. me United States Steel Corporation. He
headed a syndicate that put up sas.ooo ooo -
unaerwrlte the stocks OF the concern. This Sal.
100000 was the FIRST insalment Of 5000 ooo az,
~, tne remainder was never called for. The
members OF the syndicate have received ;r,.rsst
and profits on the full $500 100000 which 49,,
me me, next payment to be made about November !.
on the actual investment w s0''
M ~ Morgan i IS understood gets 20 per cent
o ms sum which with the stock he rccc;ye5
ana sh me SIooooooo cash, maI~s his profits from
ins steel Corporation about $40. ,ao.oee ''0"
tns following table shows the profits mad, mi,
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-10-30
Viewed at Close Range.

(from the Naeogdochcs Scntuel)
In The Houston Post OF yesterday was a
strongly written leader on the recent execution
OF the negro murderer and rape fcnd, Buchanan,
in this city, and we reproduce its concluding
paragraph, as follows
In a sense the execution was a victory OF the
law over the mob but it was only half victory.
1t IS an encouragement to officers to proceed ac-
cording 10 oath and it is evidence that the preach
ing against mob violence has not been wholly
without effect But the preaching must continue
and hot.hcaded people must be condemned for
as rule of action the Nacogdochcs hanging IS a
dangerous precedent"
II is quite possible when one is remote from
the emergency and gets the facts by wire later
on. to sit down with cool blood aud clear head
and in calmly academic way build an elaborate,
and perfect theory OF just how the thing should
have been done. But here in Nscogdoches NC
were confronted by condition, not a theory,
and We shall maintain TO the last that when a
murderer has been lawfully indicted, then ar
raigned tried and found guilty by lawful Jury,
sentenced by a lawful Judge. and executed by !,
lawful sheriff there has been compliance with
the forms OF law, sufficient in itself under the
circumstances and not obnoxious 10 the criticism,
that any injustice had been done 10 this partic,,,ar
murderer He waived his right TO the thirty
days delay, wanted no appeal and was anxious
Tor speedy death, which he got The precedent
| may be dangerous 10 the system Of legal pro
cedure under which murderers are continually
escaping their deserts IN Houston as well as
elsewhere, but IN IFS operation here in Nacordo.
ohes II seemed 10 us to have some Of the well
Defined features Of a much needed reform Il,
the administration Of criminal justice, for which
good people everywhere have been hoping and
praying for many years. Future members Of tbc
legislature who desire to help on this reform
would do well to carefully study the Nacogdoches
episode and set its true meaning.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-10-30

receipt Of the letter indicates that Il was
the thing that did the work.
This letter, taken in connection with that
written by James S clarkson Federal
ofdceholder OF New York, TO negro politl-
clan in Raleigh. N. c., seems TO demonstrate
beyond the shadow OF a doiibt that the presi-
dent is strictly on the side Of the negro and
that he is by no means in sympathy with
the movement to build an white republic
an party" in The South.
1t may be that he is willing to get rid OF
the black man, but afraid to give the neces-
ssry encouragement TO the leaders of the
movement However. he IS ostensibly
sgainst a. and the fact Is now realized by
the white republicans. Their future action
in the premises IS largely matter Of con.
lecture but e IS plain that ono Of the ef-
fecis will be to Increase the existing dis.
affection in the PARTY aud make The sway
az the democrats even more secure than be-
fore e NAV catch q few votes among the
negroes in the states where they hold the
balance OF powcr but any increase IN this
direction win be moro than couutcracted by
tho falling off among Tue white republicans
in the South who when the next National
convention is held, will no doubt express
their opinion Of Roosevelt in no uncertain
terms
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-10-30
EXCHANGE INTERVENE

Farm and Ranch has an ar,;r,.
Trees to. Drink. II intempersrc.u ~ lsAs
spread this far. our voice & TO- y sslsi
Corpus Christi Spn VI prohbitss
Wouldn't that stagger the Iard...
= 4 +
Mrs. Carrie Nation has swups II.
circle III Texas and travelled vs,,. around /
Houston TO Pine Bluff. Ark Al yssvssssIaay 81
stops or changes cars she makes 10y plss. I
herself to the amusement Of The o,,; spee'a's
Ennis NeuS. Nu''ous tf,s
As she stopped in Houston twice <.
pair Of spectacles of herself. = n''
A town made up Of business MIR I'll
IS afraid to make move for fear The o, Isas',
can play better card is sad situat y..sl ~
town. Is Frost in this condition i ~ n ~ /
Ne5rS- -lasi d
Frost must have case of cold feet
The Tribune may not be Chic an o..
fables and the doin's OF Cleooatr, p p0l
way-back Egyptian numbers and nvr NV q 4
when It comes TO. printing the news, 4 M. !
only the cake, but the entire bskr,v 'Aa !
tribune IS modern, up-to-dste newspsn., 4
ing with the affairs of today II ynn ~ ~. y
the news all the time, subscribe for : w ~
Tribune. NTaA1
If you had waited little while we'd H.. .
that for you, and it would have sounded ~.
The Garland News is poking fun Al M, /.
Cox of the Forney Tribune in n. XIX:
paragraph "Forney seems to be oueting 4.
here Of late, We haven't heard OF 1 k;Ess- Y !.
there for whole week. Terrell TyoTsys'ss
Perhaps Mary Jane isn't feeling we'll
Teddy showed his teeth and the eo,, H..
skedaddled. Mitchell may be a poweffpI \,
but Teddy, as common portance has 4. 4 \
And then destiny places another featb,,
Roosevelts cap of leadership and fane.-ls
hart Post
Teddy's connection with fame in III. "a.
the settlement of the strike is merely Morn,t
One Texas newspaper says it is having i /
printed, No Whistling Allowed" to hang n
the editorial sanctum. Ordinarily an .lS
doesn't mind man coming in, reading exchsr,
scattering them over the floor, asking cu,s1,
and telling just how newspaper should 5, 4
but the man who would whistle in nevsaT
Office ought to be shot on the spot--Shra
Democrat.
And we'd like to designate the spot
We are told by The Houston Post that sl!s:s
the crown prince of Siam may be scuds
Chats his name) he is not muehdutch Vi
--Merid NeirS.
Well?
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-10-30
EXPERIMENTATION.

On being interviewed upon his return from
a political stamping tour Of the West Sec
rotary Of Agriculture wilson among other
things, said
Nebraska banks arc gofged with money, the
owners uf which arc afraid TO invest IN modern
stocks and bonds because OF the vast amount OF
water which has been injected ia the securities
his money IS transferred 70 Eastern cities
where the money kings invest IT. The Western
farmers and business can't hud safe in
vesuncut except IN lands and that accounts for
the high and increased value OF Western iarm
lands Western money IS even going into Canada
% mud landed investments. To prevent this con-
ercss can pass laws forbidding the ovcrcapitali-
zsiion OF al kinds OF trusts and enterprises
do not look. however, for any decided action
during the coming session OF congress.
Secretary Wilson simply cites one of the
most notable evils of the day, Indeed, 1t
is probably the most far-reaching evil Of
them all
DISQUALIFICATION makes high prices
without any compromising benefits except
to the comparatively few "on the inside, -
On this subject Mr., Roberts, director of the
mint has some sensible ideas Recently he
was reported to have said that while a
high capitalization does not directly give
the power to increase charges. it has the
effect to confuse. obscure and cover up the
value of the stock as well as the cost of
production. The stock is distributed to the
public on an unsafe basis, q false price level
is established, and our whole industrial
fabric is made insecure. There is force in
the argument that we should not lay bur
dens upon corporations that will give wealthy
individuals an advantage, but there is a dis
tinction to be made between regulations
that would make 1t more costly to do bust.
ness and regulations that simply enforce
| straightforward, open methods of doing
| business
In one respect Mr.. Roberts is mistaken, as
the records OF all the trusts and oyercaptial
ICED concerns will show. High capitalize
ton does create the power to raise prices In
that such capitalization is the result of com
bnation, and combination has for its prime
purpose the regulation of prices. The Phla
delphia Press further illustrates this propo
sition when it says that "ono great incen
| tive to the organization of trusts is tbs
money made out of them by overcapitaliza
| ton. The promoters, or men engaged il
organizing these institutions. make vas
sums of money by taking stock which costs
them nothing What is worse, 1t does no
cost anybody else anything, But it can b,
sold in the market at good prices. Eacl
company, firm or individual who enters on
of these trusts gets great deal more il
bonds and stock than his property is worth
That is the principal reason why it is cas-.
to organize trusts. The people general.
pay the expense in the purchase of the al
ucles produced by the trust
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-10-30

Whether there be four men anywhere else I
world of equal resources working together rg
a matter of speculation. If there be 'rprs
group public attention has hardly been sils
to its operations.
When there was some probability Of god z
ports one could hear along Wall street
We'll, if they (meaning the City bank a's'
want exports the gold will 60 They can q
as easily import gold if they like"
This is an exaggerated statement in ~
suggests what might be done, instead o. Y
probably would be done. The City bank 2
prepared to import a lot Of gold, S7s,ocosos
save the situation, just before Secreiafy y
made his offer to release government dsFes
from reserve requirements. he exchanss V
ket then was but little above the importing p,
The City bank however, would make 100 z.
a sacrifice to bring gold his way. II woua =
made some,
Then when the market turned this foftsa
change began advancing, and one o. ips i, /
presidents, seeing the probability Of soa
ports. advanced arguments for treasury Z.
purchases, which the secretary OF the u','.
already had in mind. At any rate, oss' "
100000 of bonds we're purchased without ~ /
vance in the market price. This ls.'ef ~,
complished through the potency OF the a's...
of the City bank official and the pfestgs ~ y
him A request from the City os's u 81
usually means cheerful acqulescenes. nsr
feared is not generally loved % w
Standard Oil group. But it has the p'''''
regard of every element IN Wall street Il
So. Tar as internal workings come 70 'a e. /.
it appears that William Rockefeller Is y: z
sistent one who reaches out for new s'q1 "a (
His entire energy is bent on making nous, <.
brother, John D, turns his capital Z ~
rection suggested by William and = e st. n
These people are not heard OF At pnp~s
tions. They are not given TO swei, u ~, H.
the toasting of magnates. They leso W s.,,..
and their intellectual activity IS nsNs'
by the use OF wine OF loss OF sleep
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-10-30

,clt IN The whrlwud gubernatoria campaign o.
1903 EN-Coyernor Hill who IS INC res' man
- ~ ,bc Coier campaign regardless Of the
,;,lc. and nominal official functions Of oiher men
6egrinr conspicuously IN tho fight, IS reported
tpon credible authority 70 have secured poll
~ ,hc state which gives Colcr plurality OF
10000 in the boroushs OF Manhattan and the
Bronx and 10000 in Kings cousty CBrooklynl
Ills alleged reliable poll gives Governor oaeh
- ooo dovn 10 the Bronx. instead Of The 10000
claimed hy the republican managers. Whether
M HHl has secured any such detailed informa
lion as claimed IS not vouched for IN this para
graph. but at any rate is worthy Of serious con
sideratiou At the same time it IS worthy Ct com
ment that no, ono experienced political observer
IN ffty IN Washington believes the democrats WI
carry New York
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-10-30

county next Tuesday 20 show tina, they have not
been "suiking as has been charged
THr Colombian minister has stopped Us just
as we were getting ready to dig up
Ton JonNsoN would better keep his rcd auto
at home now, as to be there to vote Ne
should he satisfied with having scared Hanna
into 3 collsns- on several oeessions
fousIoss capitalists have not yet begun build
ing wholesale houses By wholesale
oY trNr Tuesday the citizens Of Houston,
without much regard to party lines. will attest at
le polls their great appreciation OF Congtessmnn
Calls services
uerr-Uatrt viii nov be placed where they'll
know wherehebe vhcrehe6e for awhile
DrnoRNIzAiIoa In the West has Convinced
the republican leaders that the good aud welfare
Of the country demands that the tariff he taken
opt Of politics
Hos. LocE MeD~frL is still plugging away at
the hole where The lily white" party disappeared
TnlRi Is No possible resaon why any demo.
crat in the Fifteenth district should vote against
JUDGE Gatner for congress.
Ma BpYAN should be glad that he escaped that
train wreck, lie might have bruised his peri
osteum
RtPuBucAHs seem to have awakened 10 rcai
zation that they arc up against it good and hare
al over the country.
------------
GENrahL UerpE-UmpE will doubtless be prompt
ly dehyphcnated
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-10-30
FIrst lessons in Military raotIos.

Albany Argus
Oh, see the Rough Rider, Teacher
What Is He Doing?
He is About to Cireumvent the Trusts Robert
but Why Is He Marching the Longest WAY
Roundl ~
He Hearns 10 Surround Them SinsIe-hsnd..
and Alone. lie scorns to Take Them on Their
Guard.
How Long VIII Il Take the Rough Rider 10
cireunvent the Trusts, by His Plan Of Cam.
paigns
From Ten TO Twenty-Five Years, If He Should
Have Good Luck My Son
Mssnwhils; Do the Trusts Suffer, Teacher?
the Ridiculous Se o.
What Would Happen il the Rough Ride,
Should Attack the Trust Army From h From,
and At Once TONI
The Army Which the Rough Rider Lead.
Would Get New Gsnerai, My child. -' ''''u'
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-10-30
o Az w oH Oh WE Supremacy of MOrga


(New York Correspondent Chicago Tribune.)
Events in Wall street in the last three weeks
have emphasized the fact that new masters are
in the financial community to dispute through act,
not words, the supremacy of j. P. Morgan & Co.
Mr.. Morgans good name is worldwide, and his
influence has been coextcnsive with his reputa-
ton.
The Rockefeller group of capitalists. common
ly known as the City Bank crowd" is the one
which Wall street is beginning to refer to with
something like awe. 1t is the millions which
center about the bank that make its owners
power not willingly but necessarily acknowledged.
Silent untring and rich, this group of men is
by all odds the most permanently influential so
tar as creating and changing underlying condi-
tons go.
No secs relatively speaking, any of the
Rockefeller group. Except John D., whose en-
dowmcnts TO educational institutions bring him
before the public, little is heard of or reported
Of these people. But everywhere is felt their
influence.
Great wealth is primarily the source Of their
power. The group contains the richest man in
the world--oue beside whose fortune that OF the
Rothschilds hardly compares
John o. Rockefeller ST. GOO ono ooo
Niliiam Rockefeller. ..........,., 4oo.ooo.ooo
lanes T,llman. '',....,,......,. 7S,ooo,ooo
II. H. Rogers. .........,,,..... 7sooo,ooo
iotal .''''''.''....,.....,., .SI,55o,ooo 900
It IS unnecessary 10 enumerstc the number of
corporations in which these four men arc in
terested but fair estimate is that on this total
capitalization the income may be placed at -
per cent, making the revenue per annum 500,
100000.
This extraordinary sum- rated from individual
income point, is available for strengthening the
operations of the National City bank. With SUCH
hgures 1t becomes easier to understand how this
combination of men is the most powerful group
IN the matter of resources, in the country
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-10-30
sNAppy sNlpPlNes.

The death Of Bsrnum's bearded lady Is reported.
Bsrnum it is presumed, bearded her IN her
dcn,-P iHsbwg Leoda
Gotham girl has become the bride Of a
FISH blooded Arspahoc Indian on with the war
dance and let JOY be nconhned Boston Giobe.
Lhe settlement Of the coal strike cane about
as follows Public opinion backed up John
Mitchell and J. r. Morgan had TO do the rest
Memphis NcdS.
1t seems bit strange that Secretary OF the
Navy Moody is so confident of republican sue
cess in November while most Of the landlubber
politicians confess themselves at sea-H'Gshiug-
lon Times.
Pcrsis Teachers parents say the child IS
"money-msd" because she never misses chance
so annex everything valuable she can lay her
hands on Outsiders might diagnose her case as
"trustitis. '-Nc,o York Worid.
1t IS rather singular that Jim Youngers matri-
monial disappointment should send him TO a
place where there is neither marrying nor Civ
ing in marriage. Though it is just possible that
he is headed for the other place.-McmPhis Com
meyciai APbeai.
In his public speeches at home and abroad Hon
Marcus A. Hanna referred to Hon. Tom l. John
son as "a fool, a hypocrite and dcmagogue.
In a public speech Hon. Tom L. Johnson replied
to this by saying of Hon. Marcus A. Hanna
"He is a good fellow, an excellent neighbour and
game fighter" We trust outsiders will make
no mistake as to which of these distinguished
Cleveland gentlemen really reflects the chivar,
and courtesy Of their home town.-Cle1eIduc
Plain Dealer
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-10-30
Confident OF New York.
(From The Washington Times.l

Unmistaksbly the democratic managers are con-
ident OF carrying New York The evidences OF
their confidence arc too numerous ana marked 10
he mistaken. This, OF course docs not mean
that their confidence IS not misplaced. From the
highest source Of democratic information and
authority it can he stated that I, is expected
Mf Coler viii he elected governor by plurality
about as large as was given to President Roose-
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-10-30

year by Mr.. Morgan in hnaneins ~
On" eo nltasfa sorA0'' capitalization
United States Steel "a
Corporation 1885,. Si,3o4'opo,oos
Ne company .' seoq,.i'' 4oo,ooo.ooo
steamship t;nn combine I6o,ooo,oOo
Harvester merger. 6s,oOo,o0o
L0 %ilie ana . NaSn- 100000
on engnaS Sts'es Neaiy 100000
Monon purchase. s.s6s,ooo
To,,i sg-o,s,s6s,ooo =.
Thus, Mr.. Morgan has receives &, 4.
and ths year is not yet over. y
there arc several great eoino'l'als 4
launched before the year IS enpse
dition of the money market W. s'b;nc
Of these is the great packing .s 4
there is the Gould Holding comp, .h
works merger, the probable nn'@ x
States Leather company and INC III
,r company and several others .t.s. ]
OF these, and probably ~ az o
San will play a prominent ps's
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-10-30

] would feel that was very mucnly m u
But wouldn't and I'm free to tell you those,
Think Of leaving dear old Texas for minute
The man who sold Mckinley his cigars IS dead
What the average man pines for however Is
The death Of the man who sold his wife the
cigars he received last Christmas
GIMME THE SOUTH
Sing the banks and brses o Scotland,
Sing the soft Italian skies
Gimme jest home in Texas
An some chickens fryin size;
Gimme eofee-beans a.hangin
An arustliu' I'm the limbs.
Where yeh hear the brcezes whisper,
Like they're practicin at hymns
Gimme yaer cosmos swdyin.
An the roses red an white;
With the goldenrod o daytime,
An the candlebugs o night;
Blooms at don't know the name Of
Ony at they're mighty sweet,
Gimme them along my pathway
An a-nestin round my feet
Gimme buttercups more golden
Than the Northern daffodil
Gimme mockin birds a-sngin
Gimme sweetgum leaves a-turnin'
In the fall regl'ar blaze,
An the bayous sleepin' sleepn,
Meath the misty autumn haze
Gimme Jest ter live forever
In the storied Sunny South
Where each breeze is like maiden
Tippytoed ter kiss yer mouth
Where they's dead-ripe possums hangin
FIN the low persimmon limbs,
An the smell o homemade cookns
Like an angel singin' hymns
Z
One of New Yorks most fashionable womer
says of the women's dog show: 1T has given 4
wonderful stimulus to the breeding of dogs
II shows are so productive OF results it seems
as if a baby show would prove beneficial to these
dog and monkey lovers.
He AWoQUE.
A sweet little girl in toque,
Once placed bent pin for joque
When her lover sat there
And arose in the air,
She laughed till she thought she would choque
a clerk OF the Carnegie Steel company has just
been sentenced to five years imprisonment for dc
fraudng the company of Sras,ooo. 1t was ev
IDENTIFY his desire to assist Andy to die poor.
4
Co-education among juniors in the Chicago
university has been abolished. The college au
thorities having decided very wisely that The
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-10-30
TALKING ABOUT HOUSTON.

Houston will hold her grand No-Tsu-oh carni.
val November u to -, and it will no doubt be
far ahead of any previously held, as Houston al
ways believes in progressing. -Eigin Courier
Mrs, Carrie Nation ectured (ssve the mark
in Beaumont and Houston during this week.
Aunt Carrie gave the marble face Now
tell US local option isn't good thing.-Yiuion
DAD Herald
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-10-30

Roosevelt is to attend the apru,,
the New York Chamber Of comm.,.. 0sqaz
times he must feel very proud Of NY. A.
teeth. us 'essA, b
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-10-30
REMARKS ABOUT THE POST.

The Sunday Post contained forty pages and
was a great paper, When it comes to giving the
news and especially the news of Texas The
Posts leads all others.--TerycH Star.
hat splendid newspaper, and true aud loyal
democrat The Houston Post, has superior as
a daily in the South. and has ever been as true
to the party the needle to the pole,--Thorn'or
Times.
From The Houston Post and Dallas News
We see that the people OF South Texas do not
think that the people OF East and Northeast
Texas arc paying enough attention to politics.
Northeast Texas has had her pro rata in the past.
We are all now one and the same, politically
speaking. Reference primary poll lst.--SnlPhw
Springs Meas.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-10-30

JvDss pI5REtts friends IN Guadalupe county
ass on their metal They Want the vote Of the
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-10-30
1ompe1i~q N;tk 1s;&l,s,'


girls should not be obliged i sNf
fresh-men d'spris,e \
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-10-30

THE Washington Post thinks that when a
woman is touted in the public prints as being
cultured and refined il is usually safe to infer
that She is in need Of that sori Of holslering
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-10-30

gsi this revolution ended in time for the next one
TO commence.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-10-30

Tnr Denmark fOlEthing seems to be sort OF a
ioikthing